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  3. Maryland
  4. Elkton

Elkton, Maryland

Short-Term Rental Market Data & Investment Analysis

Elkton, Maryland Short-Term Rental Market

Elkton, MD STRs averaged $150/night at 60.9% occupancy in April 2026, generating $2,489 in average monthly revenue.

Quick Answer: Elkton, Maryland is an active short-term rental market. average occupancy in the Philadelphia market area is 62%. average monthly revenue in the Philadelphia market area is $3,354. average daily rate in the Philadelphia market area is $197. the top operator in the Philadelphia market area is Luxora with 233 listings. market score is 92/100 (grade A).

Avg Monthly Revenue
$3,354
↑ 14.2% YoY
62%
Occupancy
↓ 5.9% YoY
$197
Avg Daily Rate
↑ 24.9% YoY
51.6 days avg lead time4.2 avg length of stay

Market data reflects the Philadelphia regional market, which includes Elkton. Regulations, taxes, and permit details below are specific to Elkton.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation67
Seasonality95
Investability61
Rental Demand72
Revenue Growth96

Market Overview

Elkton, Maryland sits at the head of the Chesapeake Bay in Cecil County, positioned along the I-95 corridor roughly 45 minutes from both Baltimore and Philadelphia. That regional drive-market position shapes a short-term rental market that runs on steady, year-round demand rather than sharp seasonal spikes.

In April 2026 (the latest data month), active listings across the market posted a 60.9% average occupancy rate and a $150 average daily rate, yielding $91.38 in revenue per available rental day. Average monthly revenue per listing came in at $2,489.

Year over year, occupancy slipped modestly by 2.6 percentage points while ADR edged up 1.9% and revenue per listing grew 2.7%, suggesting that rate increases are partially offsetting a softening in occupancy.

The listing mix skews strongly toward entire-place rentals, which account for 8,868 of the market’s counted units versus 3,489 private rooms and 25 shared rooms. On the bedroom side, 1-bedroom listings are the largest segment at 7,047, followed by 2-bedroom (2,697), 3-bedroom (1,546), 4-bedroom (713), and 5-bedroom (360). Airbnb is the dominant distribution channel, with 8,118 Airbnb-only listings, 543 VRBO-only, and 3,721 appearing on both platforms. The market’s composite score is 92.1 out of 100, with particularly strong marks for revenue growth (95.7) and seasonality stability (94.9).

Seasonal Patterns

Monthly seasonal data for Elkton, Maryland
MonthOccupancy
Jan48%
Feb56%
Mar59%
Apr61%
May63%
Jun65%
Jul65%
Aug64%
Sep62%
Oct62%
Nov58%
Dec53%

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

Top Short-Term Rental Operators in Philadelphia market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Philadelphia market as a whole, which includes Elkton, so these counts are not Elkton-only figures.

#OperatorListingsReviewsRating
1Luxora2339,906★ 4.51
2PowerHouse191634★ 2.70
3Sosuite15310,525★ 4.28
4Dillman LLC148960★ 4.15
5Properties By Preston120401★ 4.09

What Kind of STR Should I Buy in Elkton?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Elkton 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
airbnb65.6%
vrbo4.4%
both30.1%

Investment Analysis

The full investment analysis for Elkton — 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 (Elkton)

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

Elkton, Maryland (Cecil County seat) does not have a dedicated, publicly documented short-term-rental ordinance as of mid-2026. STR activity is governed by the Town of Elkton Zoning Ordinance and general rental-housing rules, along with Cecil County land-use regulations for unincorporated areas. Enforcement severity is rated minimal.

The market profile records str_permitted as true, indicating STRs are allowed in the area.

On taxes, operators face two levies: Maryland’s 6% state sales tax on short-term rental charges (generally collected and remitted by platforms such as Airbnb and VRBO), and Cecil County’s hotel/transient lodging rental tax of 6% under county code Chapter 337, Article VIII, effective July 1, 2017. Combined, operators should anticipate a tax burden of approximately 12% on gross rental receipts, though platform collection practices vary.

No permit application fee, permit type, or maximum-nights-per-year cap is documented for Elkton. Owner-occupancy and primary-residence requirements are also not documented in the current profile. Investors should confirm allowed use directly with the Elkton Building and Zoning Department or Cecil County Land Use and Development Services before operating.

Note: widely circulated articles describing an Elkton STR ordinance with guest caps and annual-night limits refer to Elkton, Virginia (Rockingham County) — not Elkton, Maryland. Do not apply Virginia rules here.

Market Comparison

The US short-term rental market broadly averages approximately 55% occupancy and $220 ADR. Elkton’s April 2026 metrics of 60.9% occupancy and $150 ADR show a market that outperforms national occupancy norms while running below the national ADR average — a reflection of its position as a drive-market destination rather than a premium leisure or urban destination.

Revenue growth of 2.7% year over year is modest but positive, and the multi-year compound trajectory (2017-2025) shows the market has more than doubled average per-listing revenue over eight years.

Professional management is a meaningful force in Elkton. Luxora leads with 233 listings and 9,906 reviews at a 4.51 average rating. Sosuite holds 153 listings with 10,525 reviews and a 4.28 rating. PowerHouse operates 191 listings with a 2.70 average rating. Dillman LLC runs 148 listings (4.15 rating) and Properties By Preston rounds out the top 5 with 120 listings (4.09 rating). The professionally managed ADR premium of $169.18 versus the market-wide $150 suggests that professional management delivers measurable pricing power in this market.

The market’s total score of 92.1 places it in a high-confidence tier, with revenue growth (95.7) and seasonality stability (94.9) as standout sub-scores. The investability score of 61.2 is the only category below 65, signaling moderate entry risk relative to the market’s operational strength.

Frequently Asked Questions About Elkton, Maryland

What is the average occupancy rate for Airbnb rentals in Elkton, MD?
In April 2026 (the latest data month), Elkton STRs averaged 60.9% occupancy across the market. The highest occupancy month historically is June at 65.2%, while January is the lowest at 48.2%.
How much do short-term rentals earn per month in Elkton, Maryland?
Across all listing types, Elkton short-term rentals average $3,354 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
What is the average daily rate (ADR) for STRs in Elkton, MD?
Elkton short-term rentals average $197 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
Are short-term rentals permitted in Elkton, Maryland?
STRs are permitted in the Elkton area. Elkton does not appear to have a dedicated STR ordinance as of mid-2026, and enforcement severity is rated minimal. Operators should confirm zoning allowed-use with the Elkton Building and Zoning Department or Cecil County Land Use and Development Services. A 6% county hotel/lodging tax applies in addition to the 6% Maryland state sales tax.
How far in advance do guests book Elkton STRs?
Guests book an average of 32.8 days in advance, which gives operators a clear pricing window. The average length of stay is 4.35 nights, reflecting a mix of extended-weekend visitors from the Baltimore and Philadelphia drive markets.
What is the gross rental yield for an STR investment in Elkton, MD?
At the current $2,489 average monthly revenue and a typical home value of $369,751 (Zillow, April 2026), the implied gross annualized yield is approximately 8.1% before operating expenses. Net returns will be lower after management fees, maintenance, and vacancy are accounted for.
When is the best time to invest in an Elkton, MD short-term rental?
Occupancy in Elkton peaks in Jun (65%) and is softest in Jan (48%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Elkton, MarylandRev $3,354ADR $197Occ 62%Score A (92)

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Table of Contents

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Quick Facts: Philadelphia market area

Avg Daily Rate
$197
Occupancy Rate
62%
Avg Revenue/Mo
$3,354
Elkton Population
15,910

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