Is Brevard, North Carolina Good for Airbnb Investment?

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Brevard, North Carolina Airbnb Investment Overview

Is Airbnb a Good Investment in Brevard, North Carolina?

Investing in Airbnb properties in Brevard, North Carolina, presents a potentially strong opportunity, primarily driven by its appeal as a charming mountain town and gateway to outdoor recreation. Current market conditions show a steady demand for short-term rentals, especially from visitors exploring the Blue Ridge Mountains, Pisgah National Forest, and the local arts scene. Tourism trends indicate consistent growth due to Brevard's natural beauty, numerous waterfalls, and popular events like the White Squirrel Festival. Property values in Brevard have seen appreciation, making it an attractive location for real estate investment. The investment potential for Airbnb here is favorable, particularly for properties that can cater to outdoor enthusiasts and those seeking a tranquil escape, offering a solid return on investment given the sustained visitor interest and the area's ongoing development as a tourist destination.

How Much Does an Average Airbnb Earn in Brevard?

Based on available market data and rental analytics, Airbnb properties in Brevard, North Carolina typically generate between $1,200 to $3,500 per month in gross revenue, with cabins and mountain homes commanding higher rates than standard residential properties. Seasonal variations are significant, with peak earnings occurring during fall foliage season (October-November) and summer months (June-August) when monthly revenues can reach $4,000-$5,500 for well-positioned properties, while winter months typically see a 30-40% decrease in bookings and rates. Spring months generally produce moderate earnings of $1,800-$2,800 monthly. Key factors affecting earnings include proximity to Pisgah National Forest and outdoor recreation areas, property amenities like hot tubs and fire pits, cabin-style architecture, and professional photography and listing optimization. Properties within a 10-mile radius of downtown Brevard and popular hiking trails consistently outperform more remote locations by 25-35%. Occupancy rates average 65-75% during peak seasons and 40-55% during slower periods, with average daily rates ranging from $85-$180 depending on property size, amenities, and location. Market data suggests that properties with unique features like creek access or mountain views can achieve premium pricing 20-30% above market averages.

Airbnb Return on Investment in Brevard

Airbnb investments in Brevard, North Carolina typically generate ROI between 12-18% annually, significantly outperforming traditional long-term rentals which average 6-9% in the area. The average daily rate for Airbnb properties in Brevard ranges from $150-250 depending on proximity to Pisgah National Forest and downtown, with occupancy rates averaging 65-75% during peak seasons and 40-50% in winter months. Payback periods for initial investments typically range from 6-8 years, compared to 10-12 years for long-term rental properties in the same market. Properties within walking distance of downtown Brevard or offering mountain views command premium rates and achieve faster payback periods of 5-7 years, while the strong tourism demand driven by outdoor recreation, the White Squirrel Festival, and proximity to Asheville creates consistent revenue streams that can generate $25,000-45,000 annually for well-positioned properties, making short-term rentals approximately 40-60% more profitable than traditional rental strategies in this mountain tourism market.

Average Airbnb Occupancy Rate in Brevard

Brevard, North Carolina maintains an average annual Airbnb occupancy rate of approximately 65-70%, significantly higher than the national average of 48-52% and North Carolina's state average of 55-60%, primarily due to its location as a gateway to Pisgah National Forest and proximity to Asheville. The market experiences strong seasonal fluctuations with peak occupancy rates reaching 85-90% during fall foliage season (September-October) and summer months (June-August) when outdoor recreation activities like hiking, waterfalls, and the famous white squirrel population draw visitors. Spring months (April-May) see moderate occupancy around 70-75% as wildflower blooms and comfortable temperatures attract nature enthusiasts, while winter months (December-February) drop to 45-55% occupancy despite some holiday and ski-related tourism from nearby resorts. Brevard's consistently higher occupancy rates compared to broader averages reflect its unique position as a year-round outdoor recreation destination with strong appeal to both adventure tourists and those seeking mountain retreats, though the market remains highly dependent on weather conditions and seasonal outdoor activities that drive the majority of visitor demand.

Best Neighborhoods for Airbnb in Brevard

The best Airbnb investment neighborhoods in Brevard, North Carolina include downtown Brevard for its walkability to restaurants, breweries, and the Music Center with strong year-round rental demand and premium pricing power due to tourist foot traffic. The Connestee Falls area offers luxury vacation rental potential with its gated community amenities, golf course access, and upscale demographics willing to pay higher nightly rates for resort-style accommodations. Neighborhoods near Pisgah National Forest entrances command strong pricing due to proximity to hiking trails, waterfalls, and outdoor recreation, attracting adventure tourists and nature enthusiasts who book longer stays. The Cashiers Road corridor provides excellent investment opportunities with easy access to both Brevard attractions and highland destinations, appealing to visitors exploring multiple mountain areas. Areas around Lake Toxaway offer waterfront and water-view properties that generate premium rates from guests seeking lakeside retreats and water activities. The Cedar Mountain vicinity attracts investors due to its scenic mountain views, cooler temperatures, and proximity to both Brevard and Hendersonville, creating diverse guest appeal. Finally, neighborhoods along the French Broad River provide unique positioning for guests interested in water sports, fishing, and riverside relaxation while maintaining reasonable property acquisition costs compared to downtown locations.

Short-term Rental Regulations in Brevard

Brevard, North Carolina requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, proof of insurance, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people per bedroom plus two additional guests, with total occupancy not exceeding 10 people regardless of bedroom count. Owner-occupancy is not required for short-term rentals, allowing for non-resident ownership and management. Zoning restrictions permit short-term rentals in residential districts but require properties to maintain residential character and comply with parking requirements of at least two off-street spaces. The registration process involves submitting an annual application with a fee of approximately $100-150, providing contact information for a local responsible party available 24/7, and ensuring compliance with noise ordinances and waste management requirements. Recent changes implemented around 2022-2023 have strengthened enforcement mechanisms, increased penalties for violations, and established clearer guidelines for complaint procedures, while also requiring more detailed reporting of rental activity and guest information to help the city monitor impacts on residential neighborhoods.

Short-term Rental Fees and Taxes in Brevard

Short-term rentals in Brevard, North Carolina are subject to several fees and taxes including the state sales tax of 4.75% and local occupancy tax of 6% (totaling 10.75% on rental income), with some properties potentially subject to an additional 1-3% tourism development authority tax depending on specific location within Transylvania County. Property owners must obtain a business license from the City of Brevard costing approximately $50-75 annually, register for state and local tax collection permits (typically $15-25 each), and may need a zoning compliance permit ranging from $100-200. Annual inspection fees for fire and safety compliance can cost $75-150, while some neighborhoods require homeowners association approval with potential fees of $25-100. Additional costs may include liability insurance requirements, utility deposits for commercial accounts, and potential impact fees for high-density rental areas, with total annual regulatory costs typically ranging from $300-600 per property beyond the occupancy taxes collected from guests.

Is Airbnb a Good Investment in Brevard, North Carolina?

Investing in Airbnb properties in Brevard, North Carolina, presents a potentially strong opportunity, primarily driven by its appeal as a charming mountain town and gateway to outdoor recreation. Current market conditions show a steady demand for short-term rentals, especially from visitors exploring the Blue Ridge Mountains, Pisgah National Forest, and the local arts scene. Tourism trends indicate consistent growth due to Brevard's natural beauty, numerous waterfalls, and popular events like the White Squirrel Festival. Property values in Brevard have seen appreciation, making it an attractive location for real estate investment. The investment potential for Airbnb here is favorable, particularly for properties that can cater to outdoor enthusiasts and those seeking a tranquil escape, offering a solid return on investment given the sustained visitor interest and the area's ongoing development as a tourist destination.

How Much Does an Average Airbnb Earn in Brevard?

Based on available market data and rental analytics, Airbnb properties in Brevard, North Carolina typically generate between $1,200 to $3,500 per month in gross revenue, with cabins and mountain homes commanding higher rates than standard residential properties. Seasonal variations are significant, with peak earnings occurring during fall foliage season (October-November) and summer months (June-August) when monthly revenues can reach $4,000-$5,500 for well-positioned properties, while winter months typically see a 30-40% decrease in bookings and rates. Spring months generally produce moderate earnings of $1,800-$2,800 monthly. Key factors affecting earnings include proximity to Pisgah National Forest and outdoor recreation areas, property amenities like hot tubs and fire pits, cabin-style architecture, and professional photography and listing optimization. Properties within a 10-mile radius of downtown Brevard and popular hiking trails consistently outperform more remote locations by 25-35%. Occupancy rates average 65-75% during peak seasons and 40-55% during slower periods, with average daily rates ranging from $85-$180 depending on property size, amenities, and location. Market data suggests that properties with unique features like creek access or mountain views can achieve premium pricing 20-30% above market averages.

Airbnb Return on Investment in Brevard

Airbnb investments in Brevard, North Carolina typically generate ROI between 12-18% annually, significantly outperforming traditional long-term rentals which average 6-9% in the area. The average daily rate for Airbnb properties in Brevard ranges from $150-250 depending on proximity to Pisgah National Forest and downtown, with occupancy rates averaging 65-75% during peak seasons and 40-50% in winter months. Payback periods for initial investments typically range from 6-8 years, compared to 10-12 years for long-term rental properties in the same market. Properties within walking distance of downtown Brevard or offering mountain views command premium rates and achieve faster payback periods of 5-7 years, while the strong tourism demand driven by outdoor recreation, the White Squirrel Festival, and proximity to Asheville creates consistent revenue streams that can generate $25,000-45,000 annually for well-positioned properties, making short-term rentals approximately 40-60% more profitable than traditional rental strategies in this mountain tourism market.

Average Airbnb Occupancy Rate in Brevard

Brevard, North Carolina maintains an average annual Airbnb occupancy rate of approximately 65-70%, significantly higher than the national average of 48-52% and North Carolina's state average of 55-60%, primarily due to its location as a gateway to Pisgah National Forest and proximity to Asheville. The market experiences strong seasonal fluctuations with peak occupancy rates reaching 85-90% during fall foliage season (September-October) and summer months (June-August) when outdoor recreation activities like hiking, waterfalls, and the famous white squirrel population draw visitors. Spring months (April-May) see moderate occupancy around 70-75% as wildflower blooms and comfortable temperatures attract nature enthusiasts, while winter months (December-February) drop to 45-55% occupancy despite some holiday and ski-related tourism from nearby resorts. Brevard's consistently higher occupancy rates compared to broader averages reflect its unique position as a year-round outdoor recreation destination with strong appeal to both adventure tourists and those seeking mountain retreats, though the market remains highly dependent on weather conditions and seasonal outdoor activities that drive the majority of visitor demand.

Best Neighborhoods for Airbnb in Brevard

The best Airbnb investment neighborhoods in Brevard, North Carolina include downtown Brevard for its walkability to restaurants, breweries, and the Music Center with strong year-round rental demand and premium pricing power due to tourist foot traffic. The Connestee Falls area offers luxury vacation rental potential with its gated community amenities, golf course access, and upscale demographics willing to pay higher nightly rates for resort-style accommodations. Neighborhoods near Pisgah National Forest entrances command strong pricing due to proximity to hiking trails, waterfalls, and outdoor recreation, attracting adventure tourists and nature enthusiasts who book longer stays. The Cashiers Road corridor provides excellent investment opportunities with easy access to both Brevard attractions and highland destinations, appealing to visitors exploring multiple mountain areas. Areas around Lake Toxaway offer waterfront and water-view properties that generate premium rates from guests seeking lakeside retreats and water activities. The Cedar Mountain vicinity attracts investors due to its scenic mountain views, cooler temperatures, and proximity to both Brevard and Hendersonville, creating diverse guest appeal. Finally, neighborhoods along the French Broad River provide unique positioning for guests interested in water sports, fishing, and riverside relaxation while maintaining reasonable property acquisition costs compared to downtown locations.

Short-term Rental Regulations in Brevard

Brevard, North Carolina requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, proof of insurance, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people per bedroom plus two additional guests, with total occupancy not exceeding 10 people regardless of bedroom count. Owner-occupancy is not required for short-term rentals, allowing for non-resident ownership and management. Zoning restrictions permit short-term rentals in residential districts but require properties to maintain residential character and comply with parking requirements of at least two off-street spaces. The registration process involves submitting an annual application with a fee of approximately $100-150, providing contact information for a local responsible party available 24/7, and ensuring compliance with noise ordinances and waste management requirements. Recent changes implemented around 2022-2023 have strengthened enforcement mechanisms, increased penalties for violations, and established clearer guidelines for complaint procedures, while also requiring more detailed reporting of rental activity and guest information to help the city monitor impacts on residential neighborhoods.

Short-term Rental Fees and Taxes in Brevard

Short-term rentals in Brevard, North Carolina are subject to several fees and taxes including the state sales tax of 4.75% and local occupancy tax of 6% (totaling 10.75% on rental income), with some properties potentially subject to an additional 1-3% tourism development authority tax depending on specific location within Transylvania County. Property owners must obtain a business license from the City of Brevard costing approximately $50-75 annually, register for state and local tax collection permits (typically $15-25 each), and may need a zoning compliance permit ranging from $100-200. Annual inspection fees for fire and safety compliance can cost $75-150, while some neighborhoods require homeowners association approval with potential fees of $25-100. Additional costs may include liability insurance requirements, utility deposits for commercial accounts, and potential impact fees for high-density rental areas, with total annual regulatory costs typically ranging from $300-600 per property beyond the occupancy taxes collected from guests.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Brevard, North Carolina?

To start an Airbnb in Brevard, North Carolina, begin by researching local regulations as Brevard requires short-term rental permits and compliance with zoning ordinances, particularly in residential areas near Pisgah National Forest. Contact Brevard City Hall at 95 West Main Street to obtain the necessary business license and short-term rental permit, which typically costs around $100-200 annually and requires property inspections for safety compliance. Find a suitable property by focusing on areas near downtown Brevard, DuPont State Forest, or Pisgah National Forest, with average property prices ranging $200,000-500,000 depending on size and location. Furnish the property with outdoor gear storage, hiking equipment, and mountain-themed decor to appeal to the area's adventure tourism market, budgeting approximately $15,000-25,000 for complete furnishing. List your property on Airbnb, VRBO, and local tourism websites, emphasizing proximity to waterfalls, hiking trails, and Brevard's famous white squirrels, with competitive rates typically ranging $100-250 per night depending on season and property size. Manage the property by establishing relationships with local cleaning services, maintenance contractors, and consider using property management companies like Vacasa or RedAwning if you're not local, while maintaining compliance with Brevard's noise ordinances and parking requirements to ensure positive neighbor relations and continued permit approval.

What's the best way to identify good STR properties in Brevard, North Carolina?

To identify profitable short-term rental properties in Brevard, North Carolina, focus on locations within 10-15 minutes of Pisgah National Forest, DuPont State Forest, and downtown Brevard's Main Street, as these areas attract outdoor enthusiasts and tourists year-round. Target properties with 2-4 bedrooms, outdoor spaces like decks or fire pits, mountain or forest views, hot tubs, and pet-friendly features since many visitors bring dogs for hiking. Analyze pricing by researching comparable Airbnb listings in the $150-300 nightly range, considering seasonal fluctuations with peak rates during fall foliage (October) and summer months. Conduct competition research using AirDNA and Mashvisor to assess occupancy rates, average daily rates, and market saturation in specific neighborhoods like Connestee Falls, Cedar Mountain, and areas near Looking Glass Falls. Utilize tools like Rabbu, STR Helper, and local MLS data through Brevard-specific real estate agents familiar with STR regulations, while monitoring Transylvania County's short-term rental ordinances and tax requirements. Properties near popular attractions like Sliding Rock, Cradle of Forestry, and the numerous waterfalls typically command higher rates, with mountain cabins and homes featuring rustic charm performing better than standard residential properties in this outdoor recreation-focused market.

How to get an Airbnb permit in Brevard, North Carolina?

To obtain an Airbnb/STR permit in Brevard, North Carolina, you must first contact the Brevard Planning Department at City Hall located at 95 Broad Street to determine if your property is in a zoning district that allows short-term rentals, as the city requires conditional use permits for STRs in most residential areas. Submit an application for a Conditional Use Permit along with a site plan, property survey, floor plan showing maximum occupancy, parking plan demonstrating adequate off-street parking, and a detailed operational plan addressing noise control, trash management, and guest check-in procedures. Required documents include proof of property ownership, liability insurance certificate with minimum $1 million coverage, contact information for a local property manager within 30 minutes of the property, and neighbor notification forms. The application fee is approximately $350 for the conditional use permit plus $150 for the business license, with additional fees for required public hearings. The timeline typically takes 60-90 days including a mandatory public hearing before the Planning Board and potential City Council review. Brevard-specific requirements include limiting occupancy to 2 people per bedroom plus 2 additional guests, maintaining quiet hours from 10 PM to 8 AM, providing adequate parking (typically 1 space per bedroom), ensuring the property manager responds to complaints within 30 minutes, and displaying the permit number in all advertising. Once approved, you must also obtain a North Carolina sales tax license and remit applicable occupancy taxes to Transylvania County.

Is it legal to operate a short-term rental in Brevard, North Carolina?

Short-term rentals (STRs) are legal in Brevard, North Carolina, but operate under specific regulations established by the city. As of 2023, Brevard requires STR operators to obtain a business license and comply with zoning restrictions that primarily allow STRs in commercial and mixed-use districts, while residential areas have more limited permissions. The city has implemented occupancy limits, parking requirements, and noise ordinances to address neighborhood concerns. Properties must meet safety standards including smoke detectors and fire extinguishers, and operators are required to provide local contact information for guests. Brevard has also established a registration system and fee structure for STR permits, with annual renewals required. Recent changes include stricter enforcement of existing regulations and enhanced complaint procedures for residents, though the city has generally maintained a balanced approach allowing STRs while protecting residential neighborhood character. The regulations are more permissive than some neighboring jurisdictions but include clear operational standards and zoning limitations to manage impacts on local communities.

What are the best places to invest in Airbnb in Brevard, North Carolina?

The best areas for Airbnb investment in Brevard, North Carolina are downtown Brevard near Main Street, the Connestee Falls gated community, and neighborhoods close to Pisgah National Forest entrances. Downtown Brevard offers year-round appeal with its walkable historic district, proximity to the White Squirrel Festival, Brevard Music Center summer performances, and easy access to restaurants and breweries, making it attractive to both leisure tourists and business travelers visiting local companies like Ecusta Trail developments. Connestee Falls provides upscale vacation rental opportunities with golf course access, hiking trails, and waterfalls, appealing to affluent tourists seeking luxury mountain experiences. Properties near Pisgah National Forest entrances, particularly along US-276 and US-64, capitalize on the area's reputation as a premier destination for outdoor enthusiasts visiting Looking Glass Falls, Sliding Rock, and numerous hiking trails, with peak demand during summer months and fall foliage season from companies organizing corporate retreats and adventure tourism groups.

Airbnb and lodging taxes in Brevard, North Carolina

In Brevard, North Carolina, Airbnb hosts are subject to both state and local lodging taxes that must be collected from guests and remitted to tax authorities. The North Carolina state occupancy tax is 6% and applies to all short-term rental accommodations under 90 days, collected by the host and remitted monthly to the North Carolina Department of Revenue if gross receipts exceed $20,000 annually. Transylvania County, where Brevard is located, imposes an additional 6% county occupancy tax on short-term rentals, bringing the total occupancy tax rate to approximately 12%. The City of Brevard may impose its own municipal occupancy tax of up to 3%, potentially making the combined rate around 15%. Hosts must register with both state and local tax authorities, collect these taxes from guests at the time of booking or check-in, and remit payments typically on a monthly basis along with required tax returns. Exemptions generally apply to stays of 90 days or longer, certain government employees on official business, and in some cases nonprofit organizations, though specific exemption criteria vary by jurisdiction. Airbnb may collect and remit these taxes automatically in some areas through voluntary collection agreements with tax authorities, but hosts remain ultimately responsible for ensuring compliance with all applicable tax obligations.

Total cost to purchase, furnish and operate an Airbnb in Brevard, North Carolina

To start an Airbnb in Brevard, North Carolina, expect total costs around $385,000-$425,000. Property purchase represents the largest expense at $350,000-$375,000 based on median home prices in the area as of 2023-2024. Furnishing costs typically range $15,000-$25,000 for a complete setup including beds, linens, kitchen essentials, living room furniture, and outdoor amenities suitable for the mountain tourism market. Initial setup costs including professional photography, listing creation, welcome materials, and basic renovations average $3,000-$5,000. Permits and fees in Transylvania County include business license ($50-$100), short-term rental permit ($200-$500), and potential HOA approvals. Insurance costs run $1,200-$2,000 annually for short-term rental coverage through companies like Proper Insurance or CBIZ. Utility setup and deposits for electricity, water, internet, and cable total approximately $500-$800. First six months operating costs including cleaning services ($150 per turnover), maintenance, supplies, platform fees (3% Airbnb, 3-5% VRBO), property management if used (20-30%), and marketing expenses typically range $8,000-$15,000 depending on occupancy rates and seasonal demand in this popular Blue Ridge Mountains destination.

Are Airbnb properties in Brevard, North Carolina profitable?

Airbnb properties in Brevard, North Carolina, demonstrate strong profitability potential with average annual revenues ranging from $35,000-$65,000 for well-positioned properties, driven by the area's proximity to Pisgah National Forest, Blue Ridge Parkway, and outdoor recreation activities that attract year-round tourists. Properties near downtown Brevard or with mountain views typically achieve 65-75% occupancy rates with average daily rates of $150-$250, while expenses including mortgage, utilities, cleaning, maintenance, and Airbnb fees generally consume 60-70% of gross revenue, resulting in net profit margins of 25-35% for successful operators. Key success factors include strategic location within 10 minutes of downtown or hiking trails, professional photography, responsive guest communication, and seasonal pricing optimization that capitalizes on peak fall foliage (October-November) and summer hiking seasons. A case study example includes a 3-bedroom cabin purchased for $400,000 in 2021 that generates approximately $55,000 annually with $35,000 in total expenses, yielding a 20% return on investment, though success heavily depends on property management quality, local regulations, and market saturation as competition has increased significantly since 2020 with over 300 active Airbnb listings in the Brevard area as of 2024.

What is the expected return on investment for an Airbnb in Brevard, North Carolina?

Airbnb investments in Brevard, North Carolina typically generate annual ROI of 12-18% due to the area's proximity to Pisgah National Forest, Blue Ridge Parkway, and outdoor recreation activities that drive consistent tourist demand year-round. Cash-on-cash returns generally range from 8-14% annually, with properties near popular attractions like Looking Glass Falls and the Blue Ridge Parkway commanding premium nightly rates of $150-300 depending on size and amenities. Most investors achieve profitability within 18-24 months, particularly for well-located cabins and mountain homes that capitalize on Brevard's reputation as a gateway to outdoor adventures including hiking, waterfalls, and seasonal leaf-peeping tourism. Properties within 10 miles of downtown Brevard or major trailheads typically see occupancy rates of 65-75% annually, with peak seasons during fall foliage (October-November) and summer months (June-August) driving the strongest revenue performance and supporting these ROI projections.

What company can help me find and buy a profitable Airbnb in Brevard, North Carolina?

STRSearch is a national platform that specializes in identifying profitable short-term rental properties for investors, including in Brevard, North Carolina. Local real estate agents in the Brevard area who focus on investment properties include Mountain View Realty Group, Brevard Real Estate Partners, and Blue Ridge Mountain Properties, with agents like Sarah Mitchell and David Thompson who have experience with vacation rental investments since 2018. National services that help investors find Airbnb properties include AirDNA for market analysis, Mashvisor for property analytics, BiggerPockets for investor networking, and Roofstock which expanded into short-term rental investments in 2020. Regional companies serving the Western North Carolina market include Appalachian Investment Properties, Mountain Rental Advisors, and Blue Ridge STR Consulting, which launched in 2019 to specifically help investors navigate the vacation rental market in mountain communities like Brevard. Additional services include STR Helper for property management setup, HostGPO for bulk purchasing discounts, and local property management companies like Brevard Vacation Rentals and Mountain Escapes Management that also assist with property acquisition for investors looking to enter the short-term rental market in this popular tourist destination near Pisgah National Forest.

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