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Best Airbnb Markets in Tennessee

Last updated on May 24th, 2024

Best Airbnb Markets in Tennessee

Best Places to Buy an Airbnb in Tennessee

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Last updated on: 12th May, 2024

USA / Tennessee
82% of American responded that they only looked into one city before buying their first vacation rental property. However, by exploring multiple places, you can gain a broader understanding of the real estate landscape, potentially leading to more informed and profitable investment decisions.

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.
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.
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)

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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-market-image
Memphis, TN

Memphis, TN

1,596 listings
56%
Airbnb
Occupancy Rate
$115
Average
Daily Rate
$25,183
Annual
Revenue
Cookeville-market-image
Cookeville, TN

Cookeville, TN

64 listings
68%
Airbnb
Occupancy Rate
$109
Average
Daily Rate
$26,285
Annual
Revenue
Kingsport-market-image
Kingsport, TN

Kingsport, TN

116 listings
68%
Airbnb
Occupancy Rate
$98
Average
Daily Rate
$24,289
Annual
Revenue
Lebanon-market-image
Lebanon, TN

Lebanon, TN

34 listings
71%
Airbnb
Occupancy Rate
$135
Average
Daily Rate
$35,071
Annual
Revenue
Knoxville-market-image
Knoxville, TN

Knoxville, TN

966 listings
64%
Airbnb
Occupancy Rate
$119
Average
Daily Rate
$28,437
Annual
Revenue
Nashville-market-image
Nashville, TN

Nashville, TN

8,790 listings
60%
Airbnb
Occupancy Rate
$208
Average
Daily Rate
$45,610
Annual
Revenue
Maryville-market-image
Maryville, TN

Maryville, TN

21 listings
72%
Airbnb
Occupancy Rate
$125
Average
Daily Rate
$32,972
Annual
Revenue
Greeneville-market-image
Greeneville, TN

Greeneville, TN

19 listings
66%
Airbnb
Occupancy Rate
$109
Average
Daily Rate
$26,657
Annual
Revenue
Franklin-market-image
Franklin, TN

Franklin, TN

271 listings
74%
Airbnb
Occupancy Rate
$188
Average
Daily Rate
$50,837
Annual
Revenue
Townsend-market-image
Townsend, TN

Townsend, TN

127 listings
59%
Airbnb
Occupancy Rate
$140
Average
Daily Rate
$31,221
Annual
Revenue
Cleveland-market-image
Cleveland, TN

Cleveland, TN

103 listings
58%
Airbnb
Occupancy Rate
$99
Average
Daily Rate
$22,257
Annual
Revenue
Columbia-market-image
Columbia, TN

Columbia, TN

120 listings
63%
Airbnb
Occupancy Rate
$123
Average
Daily Rate
$29,042
Annual
Revenue
Murfreesboro-market-image
Murfreesboro, TN

Murfreesboro, TN

278 listings
67%
Airbnb
Occupancy Rate
$129
Average
Daily Rate
$32,186
Annual
Revenue
Crossville-market-image
Crossville, TN

Crossville, TN

28 listings
59%
Airbnb
Occupancy Rate
$108
Average
Daily Rate
$21,336
Annual
Revenue
Johnson City-market-image
Johnson city, TN

Johnson city, TN

275 listings
61%
Airbnb
Occupancy Rate
$100
Average
Daily Rate
$23,561
Annual
Revenue
Pigeon Forge-market-image
Pigeon forge, TN

Pigeon forge, TN

1,582 listings
65%
Airbnb
Occupancy Rate
$205
Average
Daily Rate
$51,028
Annual
Revenue
Chattanooga-market-image
Chattanooga, TN

Chattanooga, TN

2,282 listings
61%
Airbnb
Occupancy Rate
$130
Average
Daily Rate
$30,023
Annual
Revenue
Gatlinburg-market-image
Gatlinburg, TN

Gatlinburg, TN

1,874 listings
67%
Airbnb
Occupancy Rate
$231
Average
Daily Rate
$55,911
Annual
Revenue
Sevierville-market-image
Sevierville, TN

Sevierville, TN

712 listings
61%
Airbnb
Occupancy Rate
$213
Average
Daily Rate
$47,369
Annual
Revenue
Clarksville-market-image
Clarksville, TN

Clarksville, TN

472 listings
64%
Airbnb
Occupancy Rate
$108
Average
Daily Rate
$23,184
Annual
Revenue

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