SHORT TERM RENTAL INVESTING

Why Short Term Rentals in Chattanooga?

Chattanooga stands out as a top short-term rental investment market according to AirDNA, with an exceptional Market Score of 97. The city delivers strong and growing returns, with average annual revenue of $38,820, a 59% occupancy rate, and a high average daily rate of $193.96, showing that properties can command premium pricing while staying consistently booked. Revenue performance is further supported by a RevPAR of $114.52, reflecting an efficient balance between pricing and demand. High scores in investability (90) and rental demand (89), combined with steady revenue growth, manageable seasonality, and relatively favorable regulations, make Chattanooga a well-balanced, lower-risk market with strong upside for short-term rental investors.

What Short Term Rentals Do Well in Chattanooga?

Short terms rentals in Chattanooga do well in a multitude of neighborhoods, house sizes, etc. This is not a market where you need one or two specific characteristics, or to be in “the” cool neighborhood, to do well.

Many short term rentals in town are one, two, and three bedroom units, as you can see below.

Source: AirDNA
This is NOT a market where several families split a house for a week-long vacation (think Great Smoky Mountains or beach locations), so it’s a market where you can easily get a smaller, in-demand house at an approachable price point.

Where to Buy?

Typically there is a lot of opportunity within Chattanooga city limits. Right now, through January 2023, the city council has implemented a temporary moratorium on non-owner occupied short term rental permits (article here). Clients can purchase in city limits and run a mid-term furnished rental for now, we cannot guarantee what the permit ordinance will be in January 2023. There is a committee to examine short term rentals in the city limits.

Here are some other areas where we typically see great returns:

Northwest Georgia: Lookout Mountain, Trenton area
Lake Chickamauga
Pikeville

Client Short Term Rental Listings

Stunning & Modern w Roman Bath, Fireplace, Firepit
3bd/2ba, Downtown, 10 guests
House on Stocked Pond Near Fall Creek Falls
3bd/2ba, Pikeville (by Fall Creek Falls State Park), 6 guests
Secret Game Room in the Heart of Northshore
4bd/2.5ba, Northshore, 8 guests
Nestled within the pines 4 bedroom home
4bd/3ba, Battery Hgts, 8 guests
Charming Home Near Downtown Chattanooga
3bd/2ba, Lincoln Park, 6 guests
Comfy 1-Bedroom Suite, 15 mins from Downtown Chatt
1bd/1ba, Wildwood, 3 guests
Secluded Forest Cabin w/New Hot Tub
3bd/2ba, Rising Fawn, 7 guests