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Springfield, Virginia

Short-Term Rental Market Data & Investment Analysis

Springfield, Virginia Short-Term Rental Market

DMarket Score 50/100

Quick Answer: Springfield, Virginia is an active short-term rental market. average occupancy is 69%. average monthly revenue is $3,504. average daily rate is $185. the top operator is Blueground with 664 listings. market score is 50/100 (grade D).

Avg Monthly Revenue
$3,504
↓ 0.1% YoY
69%
Occupancy
↑ 0.2% YoY
$185
Avg Daily Rate
↑ 2.3% YoY
$128
RevPAR
↑ 2.5% YoY
36.5 days avg lead time4.8 avg length of stay

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation63
Seasonality84
Investability50
Rental Demand78
Revenue Growth47

Seasonal Patterns

Monthly seasonal data for Springfield, Virginia
MonthOccupancyADRRevenue
Jan52%$118$1,792
Feb59%$118$1,810
Mar70%$143$2,663
Apr67%$150$2,777
May70%$148$2,806
Jun75%$149$2,947
Jul72%$138$2,713
Aug66%$138$2,545
Sep66%$136$2,452
Oct69%$146$2,784
Nov60%$135$2,277
Dec58%$130$2,152

Top Short-Term Rental Operators in Springfield

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

#OperatorListingsReviewsRating
1Blueground664514★ 4.36
2WeHost3736,479★ 4.28
3Sojourn32313,478★ 4.75
4Global Luxury Suites2312,897★ 4.20
5Evolve2235,141★ 4.39

What Kind of STR Should I Buy in Springfield?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed11,396
2 bed4,304
3 bed2,184
4 bed1,234
5 bed915

ADR by Property Tier

Entire Home$222
Luxury$391
Professionally Managed$223

Revenue by Dwelling Type

Apartment$3,550
Entire Place$4,187
House$3,462

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb67%
vrbo4.9%
both28.1%

Investment Analysis

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Springfield, VirginiaRev $3,504ADR $185Occ 69%Score D (50)

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Table of Contents

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Quick Facts: Springfield

Active STRs
201
Avg Daily Rate
$173
Occupancy Rate
73%
Population
33,000
Annual Visitors
350,000

Markets in Virginia (50)

  • Abingdon
  • Afton
  • Aldie
  • Alexandria
  • Amissville
  • Arlington
  • Austinville
  • Basye
  • Bedford
  • Bentonville
  • Big Stone Gap
  • Blacksburg
  • Bluemont
  • Boydton
  • Bracey
  • Bristol
  • Buena Vista
  • Bumpass
  • Cape Charles
  • Chantilly
  • Charles City
  • Charlottesville
  • Chesapeake
  • Chesterfield
  • Chincoteague Island
  • Christiansburg
  • Clarksville
  • Colonial Beach
  • Concord
  • Cross Junction
  • Crozet
  • Culpeper
  • Damascus
  • Deltaville
  • Disputanta
  • Edinburg
  • Elkton
  • Faber
  • Fairfax
  • Fancy Gap
  • Floyd
  • Forest
  • Fort Valley
  • Fredericksburg
  • Free Union
  • Fries
  • Front Royal
  • Gainesville
  • Gasburg
  • Glade Spring

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