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  4. Athens

Athens, Georgia

Short-Term Rental Market Data & Investment Analysis

Athens, Georgia Short-Term Rental Market

Athens, GA STRs averaged $267/night at 48.6% occupancy in April 2026, with revenue up 10.1% year-over-year.

Quick Answer: Athens, Georgia is an active short-term rental market. average occupancy is 49%. average monthly revenue is $3,089. average daily rate is $217. the top operator in Athens is MPM Vacation Rentals with 50 listings. market score is 94/100 (grade A).

Avg Monthly Revenue
$3,089
↓ 0.8% YoY
49%
Occupancy
↓ 11.8% YoY
$217
Avg Daily Rate
↑ 3.9% YoY
50.5 days avg lead time4.3 avg length of stay

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation71
Seasonality82
Investability81
Rental Demand65
Revenue Growth98

Market Overview

Athens, Georgia is a college city anchored by the University of Georgia (approximately 40,000 students) in Clarke County. The STR market is driven by two primary demand sources: UGA football weekends (Sanford Stadium seats approximately 93,000) and a year-round music and cultural tourism scene that the city has built around its live music heritage. As of April 2026, the average daily rate was $267 and occupancy was 48.6%, producing average monthly revenue of $3,185. RevPAR came in at $129.95.

The market carries approximately 1,650 active listings. Entire-place properties account for 1,462 units (88.6% of total), with 188 private-room listings. By bedroom count, 1-bedroom (528) and 2-bedroom (523) properties are the most common, followed by 3-bedroom (323), 4-bedroom (195), and 5-bedroom (78).

Channel distribution is strongly Airbnb-dominated: 1,067 listings are Airbnb-only, 488 appear on both platforms, and only 95 are VRBO-only. This concentration is consistent with an event-driven college-town market where guests are primarily booking individual trips rather than multi-week leisure stays.

Year-over-year results are notably strong: occupancy was essentially flat (+0.09%) while ADR rose 17.53%, producing revenue growth of 10.1% from April 2025. The annual data shows average revenue climbing from $2,761 in 2024 to $3,099 in 2025 to $2,929 so far in 2026 (partial year). The market total score of 94.41 out of 100 and revenue growth score of 98.13 are the highest of the five markets in this batch.

Seasonal Patterns

Monthly seasonal data for Athens, Georgia
MonthOccupancy
Jan47%
Feb55%
Mar52%
Apr53%
May47%
Jun56%
Jul57%
Aug56%
Sep50%
Oct45%
Nov44%
Dec43%

Month-by-month nightly rates and revenue figures for Athens are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Athens

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1MPM Vacation Rentals501,345★ 4.47
2Georgia Gameday Center23650★ 4.74
3Evolve23806★ 4.38
4Coboda Rentals15199★ 4.43
5Athens Vacation Rentals14959★ 4.96

What Kind of STR Should I Buy in Athens?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Athens 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 mix
ChannelShare
airbnb64.7%
vrbo5.8%
both29.6%

Investment Analysis

The full investment analysis for Athens — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Athens)

Typical home values, median sale prices, and the 10-year price trend for Athens 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 Athens — 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

Athens-Clarke County enacted a comprehensive STR ordinance effective February 6, 2024. The ordinance creates two categories with very different rules.

Home Occupation STRs allow owner-occupants or long-term tenants (with written owner permission) to rent their primary residence for stays under 31 consecutive days. Applicants must submit two government-issued IDs proving primary residency plus a notarized affidavit. Only one structure per parcel qualifies. The permit fee is $20 annually. All operators must also obtain a Business Occupation Tax Certificate from the ACC Finance Department.

Commercial STRs (non-owner-occupied) are prohibited outright from single-family residential zones. In zones where commercial STRs are permitted, a Special-Use Permit and full construction plans review are required. Investors purchasing a property as a non-primary-residence rental property cannot legally operate in most residential areas of Athens-Clarke County.

STRs that were operating between September 19, 2022 and September 19, 2023 were eligible for a legal non-conforming designation. A final list was published March 1, 2025, giving those properties until March 1, 2027 to come into compliance. Any change in ownership immediately voids a non-conforming status.

The tax burden is 7% local hotel-motel excise tax plus a Georgia state flat fee of $5 per night. Airbnb and VRBO collect and remit the 7% local tax per Georgia HB 317 (effective July 1, 2021). Enforcement is rated moderate; the county has a dedicated STR coordinator and contracts with Rentalscape to monitor active listings.

Market Comparison

Athens’ April 2026 occupancy of 48.6% is below the US STR median of approximately 55%, consistent with the event-driven pattern where non-game-weekend periods drag the average down. Its ADR of $267 is well above the US median of roughly $220, reflecting event pricing pulling the average upward. RevPAR of $130 is above average for a Southeast university city.

The market total score of 94.41 out of 100 is the highest of the five markets in this batch and one of the highest in the Southeast dataset. Revenue growth scores at 98.13 out of 100, consistent with the 17.53% ADR year-over-year increase and 10.1% revenue growth. The regulatory score of 70.83 is the highest of the five markets, reflecting the structured but non-prohibitive nature of the 2024 ordinance for owner-occupant operators.

Operator concentration is thin, consistent with the owner-occupant regulatory model. MPM Vacation Rentals leads with 50 listings and 1,345 reviews (average rating 4.47). Georgia Gameday Center manages 23 listings with 650 reviews (4.74 rating). Evolve also holds 23 listings with 806 reviews (4.38 rating). The top three operators account for 96 listings, roughly 5.8% of the approximately 1,650-listing market. Athens Vacation Rentals is the highest-rated operator in the top 5 at 4.96 with 14 listings and 959 reviews, reflecting the quality-over-quantity approach that tends to succeed in event markets.

Frequently Asked Questions About Athens, Georgia

What is the average daily rate for short-term rentals in Athens, Georgia?
Athens short-term rentals average $217 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
Can I buy a property in Athens, GA and rent it out on Airbnb if I do not live there?
In most residential areas, no. Athens-Clarke County’s February 2024 STR ordinance prohibits non-owner-occupied (commercial) short-term rentals in single-family residential zones. Only owner-occupants or long-term tenants with written owner permission may operate STRs as primary-residence Home Occupation permits. Commercial STR permits require a Special-Use Permit and are only available in certain non-residential zones.
When is peak season for Athens, GA short-term rentals?
Occupancy in Athens peaks in Jul (57%) and is softest in Dec (43%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
What permits are required to operate an STR in Athens-Clarke County?
Owner-occupant operators need a Home Occupation STR permit ($20 annual fee) plus a Business Occupation Tax Certificate. Two government-issued IDs proving primary residency and a notarized affidavit are required. The 7% local hotel-motel excise tax applies, plus a Georgia state flat fee of $5 per night. Airbnb and VRBO collect and remit the 7% local tax for platform-booked stays.
How has the Athens, GA STR market performed recently?
Year-over-year in April 2026, occupancy was essentially flat (+0.09%) while ADR rose 17.53%, producing revenue growth of 10.1%. Annual average revenue grew from $2,761 in 2024 to $3,099 in 2025. The market total score of 94.41 out of 100 and revenue growth score of 98.13 are among the strongest in the Georgia STR market dataset.
What is the gross investment yield for Athens, GA vacation rentals?
Based on April 2026 data, average monthly STR revenue of $3,185 annualizes to approximately $38,215. Against a typical home value of $341,821, that implies a gross yield of roughly 11.2% before expenses and management fees. However, Athens’ owner-occupancy requirement means traditional investment properties cannot legally operate in residential zones, limiting this yield to owner-occupant operators.
How does UGA football affect Athens STR rates?
Football weekends drive ADR to $270 in October and $260 in November, versus summer rates of $148-$165. Luxury-tier properties average $737/night, a 176% premium over the all-listings average, reflecting the extreme demand concentration around home game dates. Operators report game weekends pricing at 3-4x off-weekend rates. Advance bookings of 74 days on average reflect fans booking early around the football schedule.
Athens, GeorgiaRev $3,089ADR $217Occ 49%Score A (94)

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Table of Contents

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Quick Facts: Athens

Avg Daily Rate
$217
Occupancy Rate
49%
Avg Revenue/Mo
$3,089
Population
130,776

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