Last updated on May 24th, 2024
Best Places to Buy an Airbnb in Tennessee
Last updated on: 12th May, 2024
USA / Tennessee
We have gathered up all the important short-term rental indicators for you, so you don’t have to spend hours.
These are the 20 best places to start an Airbnb in Tennessee, with an average host revenue of $2.76K+/month. A typical listing is booked for 236 nights a year.
Our Methodologies Data explanations … Read More
Occupancy Rate: It tells how often was a typical active property occupied over the last 12 months? The formula is “number_of_booked_days / number_of_available_days”.
Average Daily Rate: How much did hosts in this market charge per day over the last 12 months? This does not include cleaning fees.
Revenue: What’s the median revenue a property in this market generated over the last 12 months? This Revenue figure represents the median over the past 12 months and does not include taxes, service fees, or additional guest fees.
Number of listings: It is the total active listings over the past 12 months.
How do we collect the data?
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
How accurate is the data?
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement.
Top Airbnb markets in Tennessee (with the highest Net Short Term Rental yields)
Memphis
Memphis, Tennessee, is a vibrant city with a rich musical heritage, offering visitors a blend of history, culture, and entertainment. Tourists can explore iconic music landmarks like Graceland and Beale Street, indulge in delicious BBQ cuisine, and experience the lively atmosphere of the city’s music scene.- Airbnb Occupancy Rate: 56%
- Average Daily Rate: $115
- Annual Revenue: $25,183
- Total Listings: 1,596
Knoxville
Knoxville, Tennessee, is a vibrant city nestled in the foothills of the Great Smoky Mountains, offering a mix of rich history, cultural attractions, and outdoor adventures. Visitors can explore the historic Market Square, enjoy live music at the Tennessee Theatre, and embark on outdoor activities like hiking in the nearby national parks.- Airbnb Occupancy Rate: 64%
- Average Daily Rate: $119
- Annual Revenue: $28,437
- Total Listings: 966
Nashville
Nashville, Tennessee, is a vibrant city known as the capital of country music, offering visitors a rich musical heritage, lively honky-tonk bars, and world-class entertainment venues. Tourists can explore iconic attractions like the Grand Ole Opry, Country Music Hall of Fame, and historic Ryman Auditorium, while also enjoying delicious Southern cuisine and picturesque riverfront views.- Airbnb Occupancy Rate: 60%
- Average Daily Rate: $208
- Annual Revenue: $45,610
- Total Listings: 8,790
Franklin
Franklin, Tennessee, is a charming historic town known for its quaint Main Street lined with shops, restaurants, and historic buildings. Visitors can explore Civil War sites, attend live music events, and experience Southern hospitality in this vibrant destination.- Airbnb Occupancy Rate: 74%
- Average Daily Rate: $188
- Annual Revenue: $50,837
- Total Listings: 271
Johnson City
Johnson City, Tennessee, is a charming city located in the Appalachian Mountains, offering a mix of outdoor adventures, cultural attractions, and historic sites. Visitors can explore the nearby Cherokee National Forest, visit the Birthplace of Country Music Museum, and experience the beauty of the region’s natural surroundings while enjoying the local cuisine and hospitality.- Airbnb Occupancy Rate: 61%
- Average Daily Rate: $100
- Annual Revenue: $23,561
- Total Listings: 275
All Profitable Airbnb Markets to Invest in Tennessee
Memphis, TN
Cookeville, TN
Kingsport, TN
Lebanon, TN
Knoxville, TN
Nashville, TN
Maryville, TN
Greeneville, TN
Franklin, TN
Townsend, TN
Cleveland, TN
Columbia, TN
Murfreesboro, TN
Crossville, TN
Johnson city, TN
Pigeon forge, TN
Chattanooga, TN
Gatlinburg, TN
Sevierville, TN
