Mid-Term Rental Market Analytics & Investment Insights
Annual Revenue
$22,000
Based on 554 full time Airbnb rentals
Average Monthly Rate
$2000
Gross Yield
4.60%
#60 in the USProperty Tax Rate
0%
Homes in Gatlinburg have depreciated by -8.00%, with the median home value standing at $492735, according to Zillow.
There are currently 554 active mid-term rentals in Gatlinburg. The average monthly rate for these rentals is $2000. This translates to an annual revenue of $28600 for mid-term rentals.
Gatlinburg is an investor-friendly location with mid-term rental regulations favorable to those looking to invest in mid-term rentals.
Average Monthly Rate Trend
$2000
Active Mid-Term Rentals
554
The average gross yield for mid-term rentals in Gatlinburg is 4.60%. However, potential investors should also consider the average property tax, which stands at 0.37% according to SmartAsset.
The median household income in Gatlinburg is $58,231.
The unemployment rate in Gatlinburg is 2.4%, which is lower than the national average of 3.9%.
The most popular property types in Gatlinburg are 2-bedroom units, with an monthyl rents of $2000 and an annual revenue of $22000.
Let our agents guide you to the best mid-term rental investments in Gatlinburg