Gasburg, Virginia Short-Term Rental Market
Gasburg, VA STRs averaged $209/night at 48.1% occupancy in April 2026 across 9,380 active listings.
Quick Answer: Gasburg, Virginia is an active short-term rental market. average occupancy is 54%. average monthly revenue is $4,228. average daily rate is $285. the top operator is Vacasa with 307 listings. market score is 68/100 (grade C).
Market data reflects the Virginia Area regional market, which includes Gasburg. Regulations, taxes, and permit details below are specific to Gasburg.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Gasburg is a small unincorporated community (population 408) in Brunswick County, Virginia, whose short-term rental market is shaped almost entirely by Lake Gaston, a 20,000-acre reservoir on the Virginia-North Carolina border. The STR market covering this area spans 9,380 active listings, with 8,447 entire-place rentals (90.1%), 930 private rooms, and 3 shared rooms.
In April 2026, the area averaged $209/night ADR and 48.1% occupancy, generating $2,656/month average revenue per active listing. RevPAR was $100.59. Year-over-year in April 2026, occupancy dipped 1.50 percentage points while ADR rose 3.73% and revenue was essentially flat, up just 0.08%.
By bedroom count, 1-bedroom units lead with 2,844 listings, followed by 3-bedroom (2,252), 2-bedroom (2,050), 4-bedroom (1,252), and 5-bedroom-plus (962). Distribution is split across Airbnb-only (4,468 listings), VRBO-only (970), and dual-listed (3,942). The market scores 88.58 for investability and 67.99 overall, with a regulation score of 69.99 and seasonality score of 58.91.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 35% | $152 | $1,673 |
| Feb | 45% | $150 | $1,662 |
| Mar | 49% | $165 | $2,072 |
| Apr | 50% | $186 | $2,423 |
| May | 52% | $224 | $2,891 |
| Jun | 58% | $245 | $3,719 |
| Jul | 63% | $238 | $4,053 |
| Aug | 59% | $237 | $3,817 |
| Sep | 49% | $214 | $2,810 |
| Oct | 50% | $203 | $2,833 |
| Nov | 45% | $195 | $2,400 |
| Dec | 40% | $173 | $2,104 |
Top Short-Term Rental Operators in Gasburg
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 307 | 10,477 | ★ 4.56 |
| 2 | Evolve | 300 | 11,480 | ★ 4.79 |
| 3 | Lakefront Luxury | 72 | 3,402 | ★ 4.94 |
| 4 | Casago | 68 | 1,099 | ★ 4.60 |
| 5 | Blue Ridge Escapes | 59 | 1,931 | ★ 4.79 |
What Kind of STR Should I Buy in Gasburg?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,844 |
| 2 bed | 2,050 |
| 3 bed | 2,252 |
| 4 bed | 1,252 |
| 5 bed | 962 |
ADR by Property Tier
| Entire Home | $302 |
| Luxury | $568 |
| Professionally Managed | $425 |
Revenue by Dwelling Type
| Apartment | $2,427 |
| Entire Place | $4,497 |
| House | $4,820 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 47.6% |
| vrbo | 10.3% |
| both | 42% |
Investment Analysis
At April 2026’s average revenue of $2,656/month, an investor annualizing that rate would project approximately $31,875 per year. The 2025 annual average revenue was $3,087/month, or roughly $37,044 annualized, reflecting that April is a slower month.
Tier differentials are substantial. Professionally managed listings average $279/night, a 33% premium over the all-listings ADR of $209. Entire-home listings average $221/night. The luxury tier reached $424/night in April 2026, more than double the market average, pointing to strong demand for premium lakefront properties.
The typical home value in this area was $292,345 as of April 2026 (Zillow). Using the 2025 annual average revenue of $37,044 as the numerator, the implied gross yield is approximately 12.7% before expenses. Using the more conservative April 2026 annualized figure of $31,875, the implied gross yield is approximately 10.9%. Both calculations assume zero vacancy adjustment and are pre-expense estimates only. Houses averaged $2,932/month in April 2026 versus $1,874 for apartments, a 56% gap. Revenue growth has been moderate but slightly choppy since the 2021 peak of $3,241/month annually.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Gasburg-area STR guests book an average of 45.1 days in advance, a relatively long lead time that reflects the destination and planning nature of Lake Gaston vacations. Renters securing a summer week on the lake often plan well ahead, particularly for July and August when inventory tightens.
Average length of stay is 3.8 nights, consistent with a weekend-plus market where guests arrive Friday and depart Monday or Tuesday. This creates predictable turnover patterns and opportunities for weekly-rate pricing during peak summer weeks. Operators who set Saturday-to-Saturday minimums during peak season can reduce gap-night losses and optimize housekeeping scheduling. The longer lead time also supports dynamic pricing strategies: rates can be set higher early and gradually adjusted as dates approach based on remaining inventory.
Short-Term Rental Regulations
Gasburg has no town government; Brunswick County governs STR activity here. The county is broadly STR-permissive and depends on Lake Gaston lakehouse rentals as a major tourism draw.
In 2018, the Board of Supervisors amended the zoning ordinance to formally define short-term rentals as dwellings rented for 30 consecutive days or less, addressing such use within the Residential, General (R-2) district. There is no owner-occupancy or primary-residence requirement and no published cap on nights per year. Enforcement severity is rated minimal.
On taxes, Brunswick County levies a 5% transient occupancy (lodging) tax on stays of 30 days or less. Operators must file lodging-tax reports monthly with the Commissioner of the Revenue, even in zero-collection months. Late penalties are 5% per month plus 8% annual interest.
Virginia state law (Code 15.2-983, effective after December 31, 2023) bars localities from requiring a special-use or conditional-use permit for owner-occupied primary-residence STRs. Whether Brunswick County has established an annual STR registry under the same statute was not confirmed in available data; operators should verify directly with Brunswick County Planning and Zoning and the Commissioner of the Revenue before operating.
Market Comparison
Gasburg’s April 2026 occupancy of 48.1% is below the US STR median of approximately 55%, reflecting the market’s heavy seasonal dependence on summer lake recreation. The ADR of $209/night is below the national median of approximately $220 but above typical rural Virginia markets, reflecting lakefront property premiums.
The market’s investability score of 88.58 and total market score of 67.99 reflect a balance of strong revenue potential against moderate seasonality concentration. Revenue growth (score 68.18) and regulation (score 69.99) are solid.
Vacasa leads the market with 307 listings and 10,477 reviews at a 4.56 average rating. Evolve is close behind with 300 listings and 11,480 reviews at 4.79. Lakefront Luxury manages 72 listings with 3,402 reviews at a 4.94 rating. Together, these three operators account for 679 listings, approximately 7.2% of the 9,380-listing market. The high average ratings across all top operators suggest consistent service expectations from this guest base.
Frequently Asked Questions About Gasburg, Virginia
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