Basye, Virginia Short-Term Rental Market
Basye, VA STRs averaged $244/night at 49.5% occupancy in April 2026, with a market total score of 97.83 out of 100.
Quick Answer: Basye, Virginia is an active short-term rental market. average occupancy in the Shenandoah Valley market area is 53%. average monthly revenue in the Shenandoah Valley market area is $3,923. average daily rate in the Shenandoah Valley market area is $262. the top operator in the Shenandoah Valley market area is Evolve with 129 listings. market score is 98/100 (grade A).
Market data reflects the Shenandoah Valley regional market, which includes Basye. Regulations, taxes, and permit details below are specific to Basye.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Basye is a small mountain resort community of 1,374 residents in Shenandoah County, Virginia, anchored by Bryce Resort and drawing primarily drive-market visitors from the Washington, D.C. metro area roughly 115 miles east. The STR market holds approximately 4,389 active listings, large relative to the permanent population. In April 2026, the average daily rate was $243.80 and occupancy ran at 49.5%, producing a RevPAR of $120.61 and average monthly revenue of $3,352 per listing.
Year-over-year, ADR grew 3.45% and revenue grew 2.87% compared to the same month one year prior, while occupancy dipped 3.22%. That combination, higher rates with modestly lower occupancy, reflects pricing maturation in a supply-rich market rather than demand deterioration.
Entire-place listings dominate at 4,102 units (93.5% of active listings). Private rooms account for 285 listings. One-bedroom properties are the most common at 1,204, followed by three-bedroom (1,121) and two-bedroom (1,049). Four-bedroom (573) and five-bedroom-plus (431) properties represent meaningful supply for groups. Channel distribution shows 2,210 listings on both Airbnb and VRBO, 1,901 exclusively on Airbnb, and 278 exclusively on VRBO.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 39% |
| Feb | 43% |
| Mar | 45% |
| Apr | 52% |
| May | 51% |
| Jun | 54% |
| Jul | 60% |
| Aug | 58% |
| Sep | 49% |
| Oct | 57% |
| Nov | 50% |
| Dec | 45% |
Month-by-month nightly rates and revenue figures for Basye are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Shenandoah Valley market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Shenandoah Valley market as a whole, which includes Basye, so these counts are not Basye-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 129 | 8,089 | ★ 4.69 |
| 2 | TripForth | 123 | 3,943 | ★ 4.62 |
| 3 | Bryce Mountain Escapes | 102 | 1,299 | ★ 4.71 |
| 4 | Be Still Getaways | 51 | 4,957 | ★ 4.92 |
| 5 | Vacay Away Vacation Rentals | 39 | 2,929 | ★ 4.55 |
What Kind of STR Should I Buy in Basye?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Basye 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 | 43.3% |
| vrbo | 6.3% |
| both | 50.4% |
Home Value Trends (Basye)
Typical home values, median sale prices, and the 10-year price trend for Basye 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 Basye — 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
Shenandoah County, Virginia permits short-term rentals with an annual zoning permit of $225 for properties renting four bedrooms or fewer. This applies across residential, agricultural, and commercial zones (C-1, A-1, R-1, R-2, R-3, R-4, B-1, B-2). Properties with more than four bedrooms, or non-dwelling structures used for rental, require a Special Use Permit with a $500 non-refundable fee, plus public noticing costs and a hearing before the Planning Commission and Board of Supervisors.
All operators must collect and remit a 5% Transient Occupancy Tax (effective October 1, 2023, raised from 2%), with monthly returns due by the 20th of each month including zero-revenue months. A mandatory life-and-safety inspection is required before approval, and properties on septic must clear Virginia Department of Health review. There is no owner-occupancy or primary-residence requirement for standard whole-home STRs. Stays are capped at 30 consecutive days per guest.
As of early 2025, the county had identified approximately 508 STR properties, with roughly nine in ten permitted or working through compliance. Enforcement severity is rated moderate. The Planning Commission held work sessions in 2024 and early 2025 on potential new rules covering property manager response time and complaint inspection protocols.
Market Comparison
Nationally, median STR occupancy is approximately 55% and median ADR is approximately $220. Basye’s April 2026 occupancy of 49.5% is modestly below the national median, while its ADR of $243.80 runs above it. The RevPAR of $120.61 is close to what a 55%-occupancy market at $220 ADR would produce ($121), meaning the market is broadly competitive on revenue output despite somewhat soft occupancy.
Basye’s overall market score of 97.83 out of 100 places it among the top-rated markets in the dataset, driven by the seasonality score of 93.15 and investability score of 89.84. The annual revenue growth score of 77.21 is consistent with the 2025 ADR trend (ADR grew from $241 in 2024 to $251 in 2025 on an annual basis).
Among top operators, Evolve leads with 129 listings and a 4.693 rating. TripForth is close behind with 123 listings (rating 4.619). Bryce Mountain Escapes holds 102 listings (4.710) and Be Still Getaways manages 51 listings with the highest rating in the top five at 4.923. The presence of a local specialist, Bryce Mountain Escapes, alongside national platforms indicates this market supports both local expertise and platform-scale management.
Frequently Asked Questions About Basye, Virginia
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