Waves, North Carolina Short-Term Rental Market
Quick Answer: Waves, North Carolina is an active short-term rental market. average occupancy is 79%. average monthly revenue is $9,060. average daily rate is $475. the top operator is Vacasa with 629 listings. market score is 78/100 (grade B).
Market data reflects the Outer Banks regional market, which includes Waves. Regulations, taxes, and permit details below are specific to Waves.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 29% | $246 | $1,998 |
| Feb | 41% | $232 | $2,129 |
| Mar | 55% | $233 | $2,484 |
| Apr | 57% | $281 | $3,746 |
| May | 63% | $337 | $4,735 |
| Jun | 79% | $425 | $7,917 |
| Jul | 83% | $401 | $8,194 |
| Aug | 80% | $378 | $7,464 |
| Sep | 62% | $279 | $4,316 |
| Oct | 48% | $239 | $3,030 |
| Nov | 39% | $237 | $2,308 |
| Dec | 32% | $231 | $2,122 |
Top Short-Term Rental Operators in Waves
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 629 | 22,352 | ★ 4.33 |
| 2 | Village Realty | 575 | 5,553 | ★ 4.49 |
| 3 | Surf Or Sound | 451 | 2,567 | ★ 4.30 |
| 4 | Resort Realty | 435 | 1,965 | ★ 4.39 |
| 5 | Seaside vacation rentals | 354 | 3,576 | ★ 4.44 |
What Kind of STR Should I Buy in Waves?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,050 |
| 2 bed | 1,253 |
| 3 bed | 2,207 |
| 4 bed | 2,100 |
| 5 bed | 2,134 |
ADR by Property Tier
| Entire Home | $480 |
| Luxury | $744 |
| Professionally Managed | $546 |
Revenue by Dwelling Type
| Apartment | $6,812 |
| Entire Place | $9,166 |
| House | $9,691 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 19.9% |
| vrbo | 24% |
| both | 56.1% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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