Garfield, Arkansas Short-Term Rental Market
Garfield, AR STRs averaged $184/night at 48.9% occupancy in April 2026, near Pea Ridge National Military Park and Beaver Lake.
Quick Answer: Garfield, Arkansas is an active short-term rental market. average occupancy in the Fayetteville/Bentonville market area is 60%. average monthly revenue in the Fayetteville/Bentonville market area is $3,714. average daily rate in the Fayetteville/Bentonville market area is $219. the top operator in the Fayetteville/Bentonville market area is Cohobnb Properties with 209 listings. market score is 66/100 (grade C).
Market data reflects the Fayetteville/Bentonville regional market, which includes Garfield. Regulations, taxes, and permit details below are specific to Garfield.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Garfield is a small town of 593 residents in Benton County, Arkansas, positioned in the Northwest Arkansas (NWA) tourism corridor near Pea Ridge National Military Park and the shores of Beaver Lake. The area drew 80,455 recorded park visitors in 2020 and sits along U.S. Route 62 between Rogers and the Missouri border, capturing demand from history and outdoor recreation visitors as well as spillover from the broader Bentonville-Rogers travel market.
In April 2026, the tracked STR market showed approximately 5,426 active listings, with an average daily rate of $184 and occupancy of 48.9%. Revenue per available rental (RevPAR) was $90. Year-over-year, occupancy declined 2.83 percentage points and revenue fell 3.56%, while ADR was essentially flat at +0.16%. These figures reflect the seasonal trough period; the market’s 2025 full-year average occupancy was 51.65% with an ADR of $193.
By listing type, entire-place rentals account for 5,144 units (94.8%) and private rooms for 289 (5.3%). The preponderance of entire-place listings reflects the cabin-and-lakehouse character of demand in the NWA outdoor corridor. By bedroom count, 3-bedroom (1,565) and 1-bedroom (1,522) units are the most common, followed by 2-bedroom (1,418), 4-bedroom (659), and 5-bedroom (262).
On channels, Airbnb-only listings total 2,190, VRBO-only total 263, and 2,980 properties are listed on both platforms, making dual-channel listing the plurality approach in this market.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 35% |
| Feb | 44% |
| Mar | 55% |
| Apr | 49% |
| May | 53% |
| Jun | 61% |
| Jul | 60% |
| Aug | 53% |
| Sep | 51% |
| Oct | 55% |
| Nov | 47% |
| Dec | 41% |
Month-by-month nightly rates and revenue figures for Garfield are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Fayetteville/Bentonville market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Fayetteville/Bentonville market as a whole, which includes Garfield, so these counts are not Garfield-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Cohobnb Properties | 209 | 11,907 | ★ 4.81 |
| 2 | Evolve | 189 | 9,299 | ★ 4.80 |
| 3 | Vacasa | 89 | 4,919 | ★ 4.49 |
| 4 | Hosted Journey | 84 | 4,191 | ★ 4.89 |
| 5 | Stay NWA | 83 | 5,259 | ★ 4.91 |
What Kind of STR Should I Buy in Garfield?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Garfield are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 40.3% |
| vrbo | 4.8% |
| both | 54.8% |
Home Value Trends (Garfield)
Typical home values, median sale prices, and the 10-year price trend for Garfield are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Garfield — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Garfield regulates short-term rentals as legal but permitted activities under Ordinance No. 193, passed April 13, 2021. Operating an STR requires three approvals: a city Short-Term Rental Permit, a business license (Ordinance No. 187), and a Conditional Use Permit (CUP) that must be obtained before the STR permit is issued.
The STR permit application fee is $150 initially and $25 per year to renew. Permits expire December 31 and must be renewed by January 31 (a $25 per month late penalty applies). Applicants must provide proof of insurance, working smoke and carbon monoxide detectors, fire extinguishers, a 24-hour contact who can respond to complaints within 30 minutes, and must maintain a guest register for 18 months. The permit number must be posted in all advertisements and all parking must be onsite.
STRs located within an owner’s primary residence are capped at 182 rental days per year. Non-owner-occupied STRs are permitted (a prior one-dwelling-per-parcel restriction was removed at a subsequent council meeting). There is no owner-occupancy requirement for non-primary-residence properties. The city references a transient occupancy tax in the ordinance, but the rate is not published in the ordinance text and could not be independently verified.
Zoning compliance with Ordinance No. 153 is required, and properties in subdivisions with POA covenants must also satisfy those private restrictions. A permit may not be issued for both a primary dwelling and an accessory dwelling unit on the same parcel. Violations may be charged as administrative citations, infractions, or misdemeanors, and permits may be suspended or revoked. Enforcement is classified as moderate.
Market Comparison
Garfield’s 48.9% occupancy in April 2026 is below the national STR median of approximately 55%, but April is the market’s seasonal trough. The 2025 full-year average of 51.65% remains below the national median. The $184 April ADR is below the national median of approximately $220, consistent with a smaller-scale rural Arkansas market.
The market’s overall score of 66.0 out of 100 is moderate, with rental demand (83.3) and investability (82.0) as the standout categories. Revenue growth (46.2) trails significantly, reflecting the post-peak deceleration seen since 2022.
Among top operators, Cohobnb Properties leads with 209 listings and 11,907 reviews at a 4.81 rating. Evolve operates 189 listings with 9,299 reviews at 4.80. Stay NWA holds 83 listings with a market-leading 4.91 average rating across 5,259 reviews. Hosted Journey manages 84 listings at 4.89. Vacasa operates 89 listings at a 4.49 rating. The prevalence of NWA-regional operators (Cohobnb, Stay NWA, Hosted Journey) alongside national platforms reflects the market’s strong local management infrastructure.
Frequently Asked Questions About Garfield, Arkansas
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