Skip to content
StaySTRA - logo
  • Analyzer
  • Locations
  • Sell Me Your BNB
Sign In
  • Analyzer
  • Locations
  • Sell Me Your BNB
Sign In
  1. Home
  2. Locations
  3. Virginia
  4. Big Stone Gap

Big Stone Gap, Virginia

Short-Term Rental Market Data & Investment Analysis

Data updated April 2026

Big Stone Gap, Virginia Short-Term Rental Market Overview

Population: 5,087
Annual Visitors: 75,000
Total STRs: 14
ADR: $135.32

Visitor Profile

Big Stone Gap, Virginia, is a charming destination that attracts a diverse range of visitors each year, contributing significantly to the local economy. While specific annual visitor numbers are not widely published, the region is known for its rich cultural heritage and outdoor activities, making it a popular spot for both leisure and educational travel. Key demographics indicate that visitors often include families, outdoor enthusiasts, and history buffs, with a notable interest in Appalachian culture. The primary purposes for visiting include exploring the natural beauty of the area, participating in local events like the Gathering in the Gap Music Festival, and enjoying recreational activities. The economic impact of tourism in Big Stone Gap is substantial, supporting local businesses and creating jobs in hospitality and retail sectors.

In terms of visitor statistics, while exact numbers are elusive, it is estimated that a significant portion of visitors comes from Virginia and neighboring states, drawn by the area’s scenic trails and historical sites. The primary demographics of visitors tend to skew towards families and individuals aged 30-60, with a balanced mix of genders. Many visitors are attracted to the area’s outdoor offerings, including hiking and exploring the Southwest Virginia Museum, which are particularly popular in the spring and fall months. The average length of stay is typically around two to three days, with peak seasons occurring from May through October, aligning with favorable weather conditions and events like the Gathering in the Gap Music Festival in May 2026. According to the Big Stone Gap Visitor Center (https://bigstonegap.com/local-attraction/the-big-stone-gap-visitor-center/), the town’s attractions, including the historic downtown and outdoor recreational areas, play a crucial role in drawing tourists. For more information on the region’s tourism, the Virginia Department of Wildlife Resources provides valuable insights (https://dwr.virginia.gov/vbwt/mountain-trail/mbs/). Overall, Big Stone Gap’s tourism landscape reflects a blend of natural beauty and cultural richness, appealing to a wide array of visitors.

Big Stone Gap, Virginia, is a charming destination that attracts a diverse range of visitors each year, contributing significantly to the local economy. While specific annual visitor numbers are not widely published, the region is known for its rich cultural heritage and outdoor activities, making it a popular spot for both leisure and educational travel. Key demographics indicate that visitors often include families, outdoor enthusiasts, and history buffs, with a notable interest in Appalachian culture. The primary purposes for visiting include exploring the natural beauty of the area, participating in local events like the Gathering in the Gap Music Festival, and enjoying recreational activities. The economic impact of tourism in Big Stone Gap is substantial, supporting local businesses and creating jobs in hospitality and retail sectors.

In terms of visitor statistics, while exact numbers are elusive, it is estimated that a significant portion of visitors comes from Virginia and neighboring states, drawn by the area’s scenic trails and historical sites. The primary demographics of visitors tend to skew towards families and individuals aged 30-60, with a balanced mix of genders. Many visitors are attracted to the area’s outdoor offerings, including hiking and exploring the Southwest Virginia Museum, which are particularly popular in the spring and fall months. The average length of stay is typically around two to three days, with peak seasons occurring from May through October, aligning with favorable weather conditions and events like the Gathering in the Gap Music Festival in May 2026. According to the Big Stone Gap Visitor Center (https://bigstonegap.com/local-attraction/the-big-stone-gap-visitor-center/), the town’s attractions, including the historic downtown and outdoor recreational areas, play a crucial role in drawing tourists. For more information on the region’s tourism, the Virginia Department of Wildlife Resources provides valuable insights (https://dwr.virginia.gov/vbwt/mountain-trail/mbs/). Overall, Big Stone Gap’s tourism landscape reflects a blend of natural beauty and cultural richness, appealing to a wide array of visitors.

Top Attractions

Nestled in the heart of the Appalachian Mountains, Big Stone Gap, Virginia, offers a rich tapestry of history, culture, and natural beauty that beckons travelers year-round. This charming town is known for its stunning landscapes and vibrant arts scene, making it an ideal destination for those seeking both outdoor adventures and cultural experiences. Among the must-see attractions are the Southwest Virginia Museum housed in a beautiful 1890s Victorian stone mansion, which showcases the region’s heritage, and the scenic mountain trails perfect for outdoor enthusiasts. The annual Gathering in the Gap Music Festival in May celebrates traditional Southwest Virginia folk arts and music. With a variety of activities available, Big Stone Gap promises something for everyone, whether you’re an avid hiker, a history buff, or a family looking for fun.

One of the top attractions in Big Stone Gap is the Southwest Virginia Museum, located in an 1890s Victorian stone mansion with an original oak interior. This museum offers visitors a glimpse into the region’s past through engaging exhibits about the area’s coal and iron ore mining history, Victorian and pioneer memorabilia including quilts, tools, household furnishings, and Native American artifacts. The museum is open Tuesday through Friday 10 a.m. to 4 p.m., Saturday 10 a.m. to 5 p.m., and Sunday 1 to 5 p.m., with Monday hours added from Memorial Day through Labor Day. For more information, visit https://www.dcr.virginia.gov/state-parks/southwest-virginia-museum. The Gathering in the Gap Music Festival is scheduled for Saturday, May 23, 2026, featuring traditional and historical music and folk arts of Southwest Virginia on the museum grounds. Nearby attractions include the John Fox Jr. Museum, Harry Meador Coal Museum, Trail of the Lonesome Pine Outdoor Drama, and the June Tolliver House. Outdoor enthusiasts will enjoy the Greenbelt for biking along the scenic Powell River. For a comprehensive guide to attractions and activities in the area, check out https://www.virginia.org/places-to-visit/regions/heart-of-appalachia/big-stone-gap/. With its blend of history, culture, and outdoor fun, Big Stone Gap is a hidden gem waiting to be explored.

Nestled in the heart of the Appalachian Mountains, Big Stone Gap, Virginia, offers a rich tapestry of history, culture, and natural beauty that beckons travelers year-round. This charming town is known for its stunning landscapes and vibrant arts scene, making it an ideal destination for those seeking both outdoor adventures and cultural experiences. Among the must-see attractions are the Southwest Virginia Museum housed in a beautiful 1890s Victorian stone mansion, which showcases the region’s heritage, and the scenic mountain trails perfect for outdoor enthusiasts. The annual Gathering in the Gap Music Festival in May celebrates traditional Southwest Virginia folk arts and music. With a variety of activities available, Big Stone Gap promises something for everyone, whether you’re an avid hiker, a history buff, or a family looking for fun.

One of the top attractions in Big Stone Gap is the Southwest Virginia Museum, located in an 1890s Victorian stone mansion with an original oak interior. This museum offers visitors a glimpse into the region’s past through engaging exhibits about the area’s coal and iron ore mining history, Victorian and pioneer memorabilia including quilts, tools, household furnishings, and Native American artifacts. The museum is open Tuesday through Friday 10 a.m. to 4 p.m., Saturday 10 a.m. to 5 p.m., and Sunday 1 to 5 p.m., with Monday hours added from Memorial Day through Labor Day. For more information, visit https://www.dcr.virginia.gov/state-parks/southwest-virginia-museum. The Gathering in the Gap Music Festival is scheduled for Saturday, May 23, 2026, featuring traditional and historical music and folk arts of Southwest Virginia on the museum grounds. Nearby attractions include the John Fox Jr. Museum, Harry Meador Coal Museum, Trail of the Lonesome Pine Outdoor Drama, and the June Tolliver House. Outdoor enthusiasts will enjoy the Greenbelt for biking along the scenic Powell River. For a comprehensive guide to attractions and activities in the area, check out https://www.virginia.org/places-to-visit/regions/heart-of-appalachia/big-stone-gap/. With its blend of history, culture, and outdoor fun, Big Stone Gap is a hidden gem waiting to be explored.

Regulations

Big Stone Gap, Virginia, has specific regulations governing short-term rentals that property owners must understand to operate legally and successfully. As a property owner looking to rent out your space, you will need to obtain the necessary permits and comply with local zoning laws. Big Stone Gap requires short-term rental operators to register their properties and adhere to safety standards to ensure guest well-being. Additionally, there are tax obligations that include occupancy taxes, which must be collected and remitted to the local government. Understanding these regulations is essential for avoiding penalties and ensuring a smooth rental experience. For those interested in the details of Big Stone Gap short-term rental regulations, read on for comprehensive guidance.

To operate a short-term rental in Big Stone Gap, you must first obtain a business license from the town. This involves submitting an application and paying the associated fees. Property owners are also required to collect a transient occupancy tax, which is currently set at 5% of the rental rate, and remit it to the local government on a quarterly basis. Zoning restrictions may apply, particularly in residential areas, so it is crucial to verify that your property complies with local zoning laws. Safety requirements, including smoke detectors and fire extinguishers, must be met to ensure guest safety. Failure to comply with these regulations can result in fines or even the revocation of your rental permit. For more detailed information, you can visit the official Big Stone Gap charter at https://law.lis.virginia.gov/charters/big-stone-gap/ and learn more about local regulations at https://www.dhr.virginia.gov/historic-registers/101-5002/.

Big Stone Gap, Virginia, has specific regulations governing short-term rentals that property owners must understand to operate legally and successfully. As a property owner looking to rent out your space, you will need to obtain the necessary permits and comply with local zoning laws. Big Stone Gap requires short-term rental operators to register their properties and adhere to safety standards to ensure guest well-being. Additionally, there are tax obligations that include occupancy taxes, which must be collected and remitted to the local government. Understanding these regulations is essential for avoiding penalties and ensuring a smooth rental experience. For those interested in the details of Big Stone Gap short-term rental regulations, read on for comprehensive guidance.

To operate a short-term rental in Big Stone Gap, you must first obtain a business license from the town. This involves submitting an application and paying the associated fees. Property owners are also required to collect a transient occupancy tax, which is currently set at 5% of the rental rate, and remit it to the local government on a quarterly basis. Zoning restrictions may apply, particularly in residential areas, so it is crucial to verify that your property complies with local zoning laws. Safety requirements, including smoke detectors and fire extinguishers, must be met to ensure guest safety. Failure to comply with these regulations can result in fines or even the revocation of your rental permit. For more detailed information, you can visit the official Big Stone Gap charter at https://law.lis.virginia.gov/charters/big-stone-gap/ and learn more about local regulations at https://www.dhr.virginia.gov/historic-registers/101-5002/.

Frequently Asked Questions

What are the short-term rental regulations in Big Stone Gap, Virginia?
Big Stone Gap, Virginia, has specific regulations governing short-term rentals that property owners must understand to operate legally and successfully. As a property owner looking to rent out your space, you will need to obtain the necessary permits and comply with local zoning laws. Big Stone Gap requires short-term rental operators to register their properties and adhere to safety standards to ensure guest well-being. Additionally, there are tax obligations that include occupancy taxes, which must be collected and remitted to the local government. Understanding these regulations is essential for avoiding penalties and ensuring a smooth rental experience. For those interested in the details of Big Stone Gap short-term rental regulations, read on for comprehensive guidance.To operate a short-term rental in Big Stone Gap, you must first obtain a business license from the town. This involves submitting an application and paying the associated fees. Property owners are also required to collect a transient occupancy tax, which is currently set at 5% of the rental rate, and remit it to the local government on a quarterly basis. Zoning restrictions may apply, particularly in residential areas, so it is crucial to verify that your property complies with local zoning laws. Safety requirements, including smoke detectors and fire extinguishers, must be met to ensure guest safety. Failure to comply with these regulations can result in fines or even the revocation of your rental permit. For more detailed information, you can visit the official Big Stone Gap charter at https://law.lis.virginia.gov/charters/big-stone-gap/ and learn more about local regulations at https://www.dhr.virginia.gov/historic-registers/101-5002/.
Do I need a permit to operate a short-term rental in Big Stone Gap, Virginia?
Short-term rental regulations vary by location. In Big Stone Gap, Virginia, operators should check local ordinances for permit requirements, zoning restrictions, and licensing obligations. Contact local authorities for the most current requirements.
Are there occupancy taxes for vacation rentals in Big Stone Gap, Virginia?
Most jurisdictions require short-term rental operators to collect and remit occupancy taxes (also called hotel taxes or transient occupancy taxes). In Big Stone Gap, Virginia, check with the local tax authority for current rates and collection requirements.

Vacation Rental Market Overview for Big Stone Gap

Big Stone Gap attracts visitors with its beaches and waterfront activities and outdoor recreation and natural beauty. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Big Stone Gap, Virginia Market Performance Trends

LTM Avg. Daily Rate$133.00
LTM Occupancy Rate35.5%
LTM Avg. Revenue$1,217
Monthly Short-Term Rental Market Performance Data for Big Stone Gap
MonthAverage Daily Rate (USD)Occupancy Rate (%)Average Monthly Revenue (USD)
Jul 24$116.6164.1%$2,567
Aug 24$106.8339.3%$960
Sep 24$128.7640.2%$1,568
Oct 24$148.5016.1%$1,096
Nov 24$137.1423.3%$960
Dec 24$121.7532.3%$1,044
Jan 25$105.0614.8%$554
Feb 25$101.8222.8%$559
Mar 25$148.3329%$1,053
Apr 25$141.4638.7%$1,257
May 25$159.2062.1%$1,760
Jun 25$135.3244.2%$2,149

Short-Term Rental Market Performance Analysis for Big Stone Gap

The short-term rental market in Big Stone Gap demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Big Stone Gap, Virginia Housing Market Data

Home Value Trends

Quarterly Home Value Trends in Big Stone Gap
QuarterTypical Home Value (USD)
Q2 17$87,560
Q3 17$87,453
Q4 17$90,125
Q1 18$92,597
Q2 18$94,328
Q3 18$93,673
Q4 18$94,604
Q1 19$96,032
Q2 19$94,302
Q3 19$91,856
Q4 19$90,713
Q1 20$92,410
Q2 20$94,380
Q3 20$95,891
Q4 20$100,997
Q1 21$104,266
Q2 21$107,811
Q3 21$109,490
Q4 21$113,396
Q1 22$119,466
Q2 22$122,646
Q3 22$124,085
Q4 22$123,647
Q1 23$124,450
Q2 23$128,401
Q3 23$130,978
Q4 23$132,271
Q1 24$131,150
Q2 24$135,536
Q3 24$137,968
Q4 24$141,994
Q1 25$139,999
Q2 25$138,991
Q3 25$141,061
Q4 25$140,742
Q1 26$140,210

Market Overview

  • Typical Home Value:$140,136
  • Median List Price:$248,500

Current Inventory

  • Homes For Sale:30

Detailed Market Analysis

The average home value in Big Stone Gap, VA is $140,137, up 0.2% over the past year. Learn more about the Big Stone Gap housing market and real estate trends.

Real Estate Market Analysis for Big Stone Gap, Virginia

The residential real estate market in Big Stone Gap, Virginia presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.

Real estate investments in Big Stone Gap, Virginia benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Big Stone Gap, Virginia Rental Market Insights

10-Year Market Growth

Quarterly Short-Term Rental Listing Growth for Big Stone Gap
QuarterNumber of Listings
Q3 171
Q4 171
Q1 181
Q2 181
Q3 181
Q4 181
Q1 191
Q2 191
Q3 191
Q4 191
Q1 201
Q2 201
Q3 201
Q4 201
Q1 211
Q2 211
Q3 211
Q4 212
Q1 223
Q2 221
Q3 221
Q4 224
Q1 237
Q2 239
Q3 238
Q4 2313
Q1 2410
Q2 2413
Q3 2412
Q4 2419
Q1 2515
Q2 2514

Booking Activity

  • 1-3 Months:65.2% Booked
  • 4-6 Months:25% Booked
  • 7-9 Months:50% Booked
  • 10-12 Months:0% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Big Stone Gap

Big Stone Gap vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Big Stone Gap, Virginia Rental Market Composition

Entire Place by Beds

Short-Term Rental Property Distribution by Bedroom Count in Big Stone Gap
Bedroom ConfigurationNumber of Properties
1 Bed3
2 Beds5
3 Beds3
5+ Beds1

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Big Stone Gap

    The vacation rental market in Big Stone Gap features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Virginia

    • Abingdon
    • Afton
    • Aldie
    • Alexandria
    • Amissville
    • Arlington
    • Austinville
    • Basye
    • Bedford
    • Bentonville
    • Blacksburg
    • Bluemont
    • Boydton
    • Bracey
    • Bristol
    • Buena Vista
    • Bumpass
    • Cape Charles

    Related Short-Term Rental Markets

    Explore 125 vacation rental markets within Virginia. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

    Analyze Big Stone Gap Rentals

    Use our free calculator to estimate Airbnb revenue for any property in Big Stone Gap.

    Free Big Stone Gap STR Calculator →

    Analyze Any Property

    Get instant revenue projections for any property in Big Stone Gap.

    Try the Analyzer

    Table of Contents

    Loading...

    Quick Facts: Big Stone Gap

    Active STRs
    14
    Avg Daily Rate
    $135
    Occupancy Rate
    44%
    Population
    5,087
    Annual Visitors
    75,000

    Related Articles

    • Big Sky Montana mountain landscape with luxury vacation rental properties and Lone Peak in winter
      Big Sky STR Market 2026. What the Data Shows for Investors in Montanas Iconic Mountain Vacation Rental Economy April 4, 2026
    • Short Stay Summit London 2026 conference venue with modern stage setup and dramatic lighting
      Short Stay Summit London 2026 What Short-Term Rental Hosts Need to Hear From the Platforms April 15, 2026
    • Breckenridge Colorado ski town Main Street in winter with string lights and mountain backdrop
      Breckenridge STR Market 2026. What the Data Shows for Investors in Colorados Most Competitive Ski Town March 27, 2026

    Markets in Virginia (50)

    • Abingdon
    • Afton
    • Aldie
    • Alexandria
    • Amissville
    • Arlington
    • Austinville
    • Basye
    • Bedford
    • Bentonville
    • Blacksburg
    • Bluemont
    • Boydton
    • Bracey
    • Bristol
    • Buena Vista
    • Bumpass
    • Cape Charles
    • Chantilly
    • Charles City
    • Charlottesville
    • Chesapeake
    • Chesterfield
    • Chincoteague Island
    • Christiansburg
    • Clarksville
    • Colonial Beach
    • Concord
    • Cross Junction
    • Crozet
    • Culpeper
    • Damascus
    • Deltaville
    • Disputanta
    • Edinburg
    • Elkton
    • Faber
    • Fairfax
    • Fancy Gap
    • Floyd
    • Forest
    • Fort Valley
    • Fredericksburg
    • Free Union
    • Fries
    • Front Royal
    • Gainesville
    • Gasburg
    • Glade Spring
    • Gloucester

    Top STR Markets

    • Austin, TX
    • Nashville, TN
    • Miami, FL
    • Scottsdale, AZ
    • San Diego, CA
    • Denver, CO
    • Charleston, SC
    • Savannah, GA
    • New Orleans, LA
    • Joshua Tree, CA
    • Gatlinburg, TN
    • Gulf Shores, AL
    • Destin, FL
    • Sedona, AZ
    • Park City, UT
    • South Lake Tahoe, CA
    • Kissimmee, FL
    • Pigeon Forge, TN
    • Panama City Beach, FL
    • Broken Bow, OK
    • Blue Ridge, GA
    • Mammoth Lakes, CA
    • Big Bear, CA
    • Key West, FL
    • Asheville, NC
    • San Antonio, TX
    • Phoenix, AZ
    • Las Vegas, NV
    • Orlando, FL
    • Myrtle Beach, SC
    • Branson, MO
    View All Locations →

    You ran the numbers. Now finance it.

    Get DSCR Financing Built for STR Investors

    Qualify on the property's cash flow, not your W-2. Fast closings, competitive rates, no income verification.

    Check DSCR Eligibility →

    Sponsored by Beeline. StaySTRA may earn a referral fee.

    StaySTRA - logo

    The smart way to analyze short-term rental investments. Get revenue projections, market data, and insights powered by real short-term rental market data.

    Product

    • Analyzer
    • Pricing
    • Locations

    Resources

    • Blog
    • STR Tools
    • STR Laws
    • Top Markets

    Company

    • Sell Your BNB
    • Privacy Policy
    • Terms of Service

    Subscribe to newsletter

    Sign up to get STR insights and market data delivered to your inbox.

    ©2026 StaySTRA.com. All rights reserved.

    Take a look at our sister companies

    Neuhaus Realty Group - Austin Real Estate Broker Neuhaus Realty Group Bizzy Lizzy - Embroidered Women's Clothing Boutique Bizzy Lizzy Boutique Kendall Creek Properties - Real Estate Investment & Property Management Kendall Creek Properties
    ×
    Get Started Now

    Create your account to start analyzing properties

    or
    Forgot password?

    Don't have an account? Sign up Already have an account? Sign in

    Welcome back to StaySTRA

    Analyze properties, track investments, and grow your short-term rental portfolio

    Instant property analysis
    Advanced STR metrics
    Save & compare properties
    Choose Your Plan
    Stay Ahead of the Market

    Join 2,500+ STR investors getting weekly insights

    Weekly STR market insights
    New feature announcements
    Investment tips & strategies
    Exclusive subscriber offers
    Send Us a Message

    We typically respond within 24 hours

    Please sign in or create an account to send your message

    Choose Your Plan

    Select a plan to get started with StaySTRA

    Free
    $0 forever

    1 property analysis per month • Basic STR metrics • Email support

    Pro Monthly
    $7 per month

    Unlimited property analyses • Advanced STR metrics • Save & compare properties • Print reports

    Best Value
    Pro Annual
    $59 per year Save $25

    Everything in Pro Monthly • Best value - equivalent to 2 months free • Priority support