Is Claremore, Oklahoma Good for Airbnb Investment?

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Claremore, Oklahoma Airbnb Investment Overview

Is Airbnb a Good Investment in Claremore, Oklahoma?

Investing in Airbnb properties in Claremore, Oklahoma, presents a more modest but potentially stable opportunity given the city's strategic location and growing appeal. Claremore's market benefits from its proximity to Tulsa (just 30 minutes away), making it attractive to visitors seeking affordable accommodations while exploring the greater Tulsa area. The city draws tourists interested in its rich Native American heritage, Route 66 history, and as the birthplace of Will Rogers, along with outdoor enthusiasts visiting nearby lakes and recreational areas. While property values remain relatively affordable compared to major metropolitan areas, making initial investments more accessible, rental income potential is generally lower due to smaller tourist volumes and seasonal fluctuations. The market shows steady demand from business travelers, family visitors, and weekend tourists, though occupancy rates may not match those of major tourist destinations. Investors should consider the limited local tourism infrastructure and the need for competitive pricing to attract guests from the broader Tulsa market.

How Much Does an Average Airbnb Earn in Claremore?

Based on available market data and regional analysis, Airbnb hosts in Claremore, Oklahoma typically earn between $800 to $1,800 per month, with whole-home properties averaging around $1,200-1,500 monthly while private rooms generate approximately $600-1,000. Seasonal variations show peak earnings during spring and summer months when tourism increases by roughly 25-30%, particularly during local events and festivals, while winter months typically see a 15-20% decrease in bookings. Key factors affecting earnings include proximity to Will Rogers Memorial Museum and other local attractions, property size and amenities, with properties featuring pools or hot tubs commanding 20-25% higher rates, and competition from approximately 150-200 active listings in the greater Claremore area. The average daily rate ranges from $65-120 depending on property type and season, with occupancy rates averaging 55-70% annually. Properties located within walking distance of downtown or major attractions typically outperform suburban listings by 15-30%, while those offering unique experiences or luxury amenities can achieve premium pricing up to 40% above market average.

Airbnb Return on Investment in Claremore

Airbnb investments in Claremore, Oklahoma typically generate ROI between 8-12% annually, with properties averaging $85-120 per night and 60-70% occupancy rates throughout the year. The payback period for initial investment and setup costs usually ranges from 7-10 years, depending on property purchase price and renovation expenses. Compared to traditional long-term rentals in Claremore that yield approximately 6-8% ROI with monthly rents averaging $800-1,200, short-term rentals can provide 2-4 percentage points higher returns but require significantly more active management and have higher operational costs including cleaning, utilities, and platform fees. The Claremore market benefits from proximity to Tulsa attractions, local events at the Will Rogers Memorial, and business travelers, though seasonal fluctuations can impact consistency with lower occupancy during winter months potentially dropping to 45-55%.

Average Airbnb Occupancy Rate in Claremore

Airbnb occupancy rates in Claremore, Oklahoma typically average around 45-55% annually, with peak seasons occurring during spring and fall months (April-May and September-October) when occupancy can reach 65-70% due to favorable weather and local events, while summer months see moderate rates of 50-60% and winter experiences the lowest occupancy at 35-45%. The city benefits from its proximity to Tulsa and attractions like the Will Rogers Memorial Museum, driving weekend and tourist traffic. Claremore's occupancy rates generally align with or slightly exceed Oklahoma's statewide average of 50-55%, but fall below the national Airbnb average of approximately 60-65%, reflecting the smaller market size and limited major tourist attractions compared to larger metropolitan areas or established vacation destinations.

Best Neighborhoods for Airbnb in Claremore

The downtown Claremore historic district offers excellent Airbnb potential due to its proximity to the Will Rogers Memorial Museum and charming walkable streets with local shops and restaurants, attracting both tourists and business travelers willing to pay premium rates for authentic small-town character. The neighborhoods near Claremore Lake provide strong investment opportunities with their scenic waterfront locations appealing to weekend getaway seekers and fishing enthusiasts, typically commanding higher nightly rates during peak seasons. Areas around the Rogers State University campus present consistent demand from visiting families, prospective students, and academic guests, offering steady occupancy rates throughout the school year with moderate pricing power. The residential neighborhoods along Highway 20 near the casino district benefit from proximity to entertainment venues while maintaining quiet suburban appeal, attracting guests seeking convenient access to gaming and dining with comfortable accommodations. Properties near the Claremore Expo Center capture event-driven demand from trade show attendees, rodeo participants, and fairgoers, creating opportunities for premium pricing during major events. The established neighborhoods around Claremore Regional Airport offer convenience for business travelers and provide easy highway access, appealing to guests prioritizing transportation connectivity. Finally, the areas near Verdigris River recreational zones attract outdoor enthusiasts and families seeking nature-based activities, supporting seasonal rental demand with competitive pricing potential in a growing outdoor tourism market.

Short-term Rental Regulations in Claremore

Short-term rental regulations in Claremore, Oklahoma are primarily governed by the city's zoning ordinances and business licensing requirements, with properties typically requiring a business license and compliance with residential zoning restrictions that limit rentals to single-family residential areas. The city generally requires a maximum occupancy of two persons per bedroom plus two additional guests, with parking requirements of one space per bedroom, and properties must meet all building and fire safety codes including smoke detectors and carbon monoxide detectors. Owner-occupancy is not typically required for short-term rentals in Claremore, allowing for non-resident ownership, though properties must be registered with the city clerk's office and obtain proper business licensing which costs approximately $25-50 annually. Zoning restrictions generally prohibit short-term rentals in multi-family districts and require compliance with residential neighborhood standards, including quiet hours and waste management protocols. The registration process involves submitting an application with property details, proof of insurance, and contact information for a local representative if the owner is not local, with inspections required for initial approval and renewals every 1-2 years. Recent regulatory changes around 2022-2023 have included stricter enforcement of noise ordinances and enhanced penalties for violations, with the city implementing a complaint tracking system and requiring 24/7 contact information for property managers to address neighbor concerns promptly.

Short-term Rental Fees and Taxes in Claremore

Short-term rentals in Claremore, Oklahoma are subject to several fees and taxes including Oklahoma state sales tax of 4.5%, Rogers County sales tax of approximately 1-2%, and Claremore city sales tax of around 3-4%, totaling approximately 8.5-10.5% in combined sales tax on rental income. The state lodging tax is 5.5% on gross receipts, while local tourism or lodging taxes may add an additional 2-3%. Business license registration fees typically range from $25-75 annually, with short-term rental permit costs estimated at $100-200 per year. Property owners may also face inspection fees of $50-100, zoning compliance fees of $25-50, and potential homeowners association fees if applicable. Additional costs may include liability insurance requirements and periodic renewal fees, with total annual regulatory costs typically ranging from $200-400 beyond the percentage-based taxes on rental income.

Is Airbnb a Good Investment in Claremore, Oklahoma?

Investing in Airbnb properties in Claremore, Oklahoma, presents a more modest but potentially stable opportunity given the city's strategic location and growing appeal. Claremore's market benefits from its proximity to Tulsa (just 30 minutes away), making it attractive to visitors seeking affordable accommodations while exploring the greater Tulsa area. The city draws tourists interested in its rich Native American heritage, Route 66 history, and as the birthplace of Will Rogers, along with outdoor enthusiasts visiting nearby lakes and recreational areas. While property values remain relatively affordable compared to major metropolitan areas, making initial investments more accessible, rental income potential is generally lower due to smaller tourist volumes and seasonal fluctuations. The market shows steady demand from business travelers, family visitors, and weekend tourists, though occupancy rates may not match those of major tourist destinations. Investors should consider the limited local tourism infrastructure and the need for competitive pricing to attract guests from the broader Tulsa market.

How Much Does an Average Airbnb Earn in Claremore?

Based on available market data and regional analysis, Airbnb hosts in Claremore, Oklahoma typically earn between $800 to $1,800 per month, with whole-home properties averaging around $1,200-1,500 monthly while private rooms generate approximately $600-1,000. Seasonal variations show peak earnings during spring and summer months when tourism increases by roughly 25-30%, particularly during local events and festivals, while winter months typically see a 15-20% decrease in bookings. Key factors affecting earnings include proximity to Will Rogers Memorial Museum and other local attractions, property size and amenities, with properties featuring pools or hot tubs commanding 20-25% higher rates, and competition from approximately 150-200 active listings in the greater Claremore area. The average daily rate ranges from $65-120 depending on property type and season, with occupancy rates averaging 55-70% annually. Properties located within walking distance of downtown or major attractions typically outperform suburban listings by 15-30%, while those offering unique experiences or luxury amenities can achieve premium pricing up to 40% above market average.

Airbnb Return on Investment in Claremore

Airbnb investments in Claremore, Oklahoma typically generate ROI between 8-12% annually, with properties averaging $85-120 per night and 60-70% occupancy rates throughout the year. The payback period for initial investment and setup costs usually ranges from 7-10 years, depending on property purchase price and renovation expenses. Compared to traditional long-term rentals in Claremore that yield approximately 6-8% ROI with monthly rents averaging $800-1,200, short-term rentals can provide 2-4 percentage points higher returns but require significantly more active management and have higher operational costs including cleaning, utilities, and platform fees. The Claremore market benefits from proximity to Tulsa attractions, local events at the Will Rogers Memorial, and business travelers, though seasonal fluctuations can impact consistency with lower occupancy during winter months potentially dropping to 45-55%.

Average Airbnb Occupancy Rate in Claremore

Airbnb occupancy rates in Claremore, Oklahoma typically average around 45-55% annually, with peak seasons occurring during spring and fall months (April-May and September-October) when occupancy can reach 65-70% due to favorable weather and local events, while summer months see moderate rates of 50-60% and winter experiences the lowest occupancy at 35-45%. The city benefits from its proximity to Tulsa and attractions like the Will Rogers Memorial Museum, driving weekend and tourist traffic. Claremore's occupancy rates generally align with or slightly exceed Oklahoma's statewide average of 50-55%, but fall below the national Airbnb average of approximately 60-65%, reflecting the smaller market size and limited major tourist attractions compared to larger metropolitan areas or established vacation destinations.

Best Neighborhoods for Airbnb in Claremore

The downtown Claremore historic district offers excellent Airbnb potential due to its proximity to the Will Rogers Memorial Museum and charming walkable streets with local shops and restaurants, attracting both tourists and business travelers willing to pay premium rates for authentic small-town character. The neighborhoods near Claremore Lake provide strong investment opportunities with their scenic waterfront locations appealing to weekend getaway seekers and fishing enthusiasts, typically commanding higher nightly rates during peak seasons. Areas around the Rogers State University campus present consistent demand from visiting families, prospective students, and academic guests, offering steady occupancy rates throughout the school year with moderate pricing power. The residential neighborhoods along Highway 20 near the casino district benefit from proximity to entertainment venues while maintaining quiet suburban appeal, attracting guests seeking convenient access to gaming and dining with comfortable accommodations. Properties near the Claremore Expo Center capture event-driven demand from trade show attendees, rodeo participants, and fairgoers, creating opportunities for premium pricing during major events. The established neighborhoods around Claremore Regional Airport offer convenience for business travelers and provide easy highway access, appealing to guests prioritizing transportation connectivity. Finally, the areas near Verdigris River recreational zones attract outdoor enthusiasts and families seeking nature-based activities, supporting seasonal rental demand with competitive pricing potential in a growing outdoor tourism market.

Short-term Rental Regulations in Claremore

Short-term rental regulations in Claremore, Oklahoma are primarily governed by the city's zoning ordinances and business licensing requirements, with properties typically requiring a business license and compliance with residential zoning restrictions that limit rentals to single-family residential areas. The city generally requires a maximum occupancy of two persons per bedroom plus two additional guests, with parking requirements of one space per bedroom, and properties must meet all building and fire safety codes including smoke detectors and carbon monoxide detectors. Owner-occupancy is not typically required for short-term rentals in Claremore, allowing for non-resident ownership, though properties must be registered with the city clerk's office and obtain proper business licensing which costs approximately $25-50 annually. Zoning restrictions generally prohibit short-term rentals in multi-family districts and require compliance with residential neighborhood standards, including quiet hours and waste management protocols. The registration process involves submitting an application with property details, proof of insurance, and contact information for a local representative if the owner is not local, with inspections required for initial approval and renewals every 1-2 years. Recent regulatory changes around 2022-2023 have included stricter enforcement of noise ordinances and enhanced penalties for violations, with the city implementing a complaint tracking system and requiring 24/7 contact information for property managers to address neighbor concerns promptly.

Short-term Rental Fees and Taxes in Claremore

Short-term rentals in Claremore, Oklahoma are subject to several fees and taxes including Oklahoma state sales tax of 4.5%, Rogers County sales tax of approximately 1-2%, and Claremore city sales tax of around 3-4%, totaling approximately 8.5-10.5% in combined sales tax on rental income. The state lodging tax is 5.5% on gross receipts, while local tourism or lodging taxes may add an additional 2-3%. Business license registration fees typically range from $25-75 annually, with short-term rental permit costs estimated at $100-200 per year. Property owners may also face inspection fees of $50-100, zoning compliance fees of $25-50, and potential homeowners association fees if applicable. Additional costs may include liability insurance requirements and periodic renewal fees, with total annual regulatory costs typically ranging from $200-400 beyond the percentage-based taxes on rental income.

* 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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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Claremore, Oklahoma?

To start an Airbnb in Claremore, Oklahoma, begin by researching local regulations through the City of Claremore Planning Department (918-341-1234) as the city requires short-term rental permits and compliance with zoning ordinances that typically restrict rentals to certain residential zones. Obtain necessary permits including a business license from the city clerk's office, sales tax permit from the Oklahoma Tax Commission, and ensure your property meets fire safety codes and has proper smoke detectors. Find a suitable property in permitted zones such as R-1 or R-2 residential areas, considering proximity to attractions like the Will Rogers Memorial Museum or downtown Claremore, with average property prices ranging $80,000-$150,000 for starter homes. Furnish the space with essential amenities including Wi-Fi, cable TV, full kitchen appliances, quality bedding, and local touches like Oklahoma-themed decor, budgeting approximately $5,000-$15,000 for complete furnishing. List your property on Airbnb and VRBO platforms with professional photos, competitive pricing around $75-$125 per night based on local market rates, and highlight nearby attractions like the J.M. Davis Arms Museum and Route 66 connections. Manage your rental by establishing cleaning protocols between guests, maintaining 24/7 communication availability, coordinating with local cleaning services like Claremore Cleaning Company, and ensuring compliance with Oklahoma's 5.5% state sales tax plus Rogers County's additional taxes on short-term rentals.

What's the best way to identify good STR properties in Claremore, Oklahoma?

To identify profitable short-term rental properties in Claremore, Oklahoma, focus on locations within 10-15 minutes of major attractions like the Will Rogers Memorial Museum, Claremore Lake, and downtown historic district, as these areas typically generate 60-80% higher occupancy rates. Target 2-4 bedroom properties built after 1990 with modern amenities, outdoor spaces, and parking, as these command $80-150 per night compared to $50-80 for basic properties. Analyze pricing using AirDNA and Mashvisor to identify properties where potential STR revenue exceeds long-term rental income by 40-60%, typically requiring purchase prices under $150,000 in Claremore's market. Research competition within a 3-mile radius using Airbnb and VRBO searches, looking for gaps in amenities or underpriced listings, as Claremore currently has approximately 50-75 active STRs with average occupancy rates of 65-75%. Utilize tools like BiggerPockets for market analysis, STR Helper for revenue projections, and local resources including the Claremore Chamber of Commerce and Rogers County tourism data to understand seasonal demand patterns, with peak seasons typically being spring through fall due to lake activities and regional tourism.

How to get an Airbnb permit in Claremore, Oklahoma?

To obtain an Airbnb/STR permit in Claremore, Oklahoma, you must first contact the Claremore Planning and Zoning Department at City Hall located at 104 S Muskogee Avenue to determine if short-term rentals are permitted in your specific zoning district, as the city requires compliance with residential zoning regulations. Submit a business license application through the City Clerk's office along with required documents including property deed or lease agreement, liability insurance certificate (minimum $1 million coverage), floor plan of the rental unit, parking plan showing adequate off-street parking, and contact information for a local property manager if you live more than 50 miles away. You'll need to pay a business license fee of approximately $50-75 annually and potentially a zoning compliance fee of $100-150. The property must pass a safety inspection conducted by the Claremore Fire Department, which includes verification of smoke detectors, carbon monoxide detectors, fire extinguishers, and emergency exit plans, with inspection fees typically ranging $75-100. The approval timeline is generally 30-45 days from complete application submission, provided all zoning requirements are met and the property passes inspection. Claremore requires STR operators to maintain a guest registry, limit occupancy to no more than 2 people per bedroom plus 2 additional guests, provide 24/7 contact information to neighbors, and ensure quiet hours from 10 PM to 7 AM, with potential additional requirements for annual permit renewal and compliance with Oklahoma state tax collection obligations.

Is it legal to operate a short-term rental in Claremore, Oklahoma?

Short-term rentals (STRs) are generally legal in Claremore, Oklahoma, as the city has not implemented a comprehensive ban on such properties. However, STR operators must comply with standard zoning regulations and business licensing requirements, with most residential areas allowing STRs provided they meet basic safety and occupancy standards. The city requires STR operators to obtain proper business licenses and adhere to fire safety codes, parking requirements, and noise ordinances that limit disruptive activities, particularly in residential neighborhoods. While there are no specific prohibited zones for STRs in Claremore, operators must ensure compliance with existing residential zoning laws and homeowners association rules where applicable. Recent legal changes have been minimal, with the city primarily relying on existing ordinances rather than creating STR-specific regulations, though this approach may evolve as the short-term rental market continues to grow in the area. Property owners should verify current licensing requirements with the city clerk's office and ensure compliance with state tax obligations for rental income.

What are the best places to invest in Airbnb in Claremore, Oklahoma?

The best areas for Airbnb investment in Claremore, Oklahoma include the Historic Downtown District near Will Rogers Memorial Museum, which attracts tourists year-round visiting the birthplace of America's beloved cowboy philosopher, and the areas surrounding Claremore Lake, particularly the northern shoreline neighborhoods, which draw fishing enthusiasts, boaters, and weekend recreation seekers from Tulsa metro area just 30 minutes away. The Belvidere neighborhood near Rogers State University offers potential for visiting families, prospective students, and academic travelers, while properties within walking distance of the Claremore Expo Center benefit from rodeo events, trade shows, and agricultural fairs that bring visitors throughout the year. The residential areas along Highway 20 near the Cherokee Nation businesses provide convenient access for tribal government visitors and casino guests, and the neighborhoods around Claremore Regional Airport attract business travelers and aviation enthusiasts, making these locations particularly viable due to Claremore's position as a regional hub with strong Native American heritage tourism, proximity to Tulsa's employment centers, and its role as the "Will Rogers Country" destination.

Airbnb and lodging taxes in Claremore, Oklahoma

In Claremore, Oklahoma, Airbnb hosts are subject to both state and local lodging taxes. The Oklahoma state lodging tax is 5.5% on gross rental receipts for stays under 30 consecutive days, collected by the Oklahoma Tax Commission. Claremore imposes a local hotel/motel tax of approximately 5% on short-term rental accommodations, which must be remitted monthly to the City of Claremore by the 20th of the following month. Additionally, standard Oklahoma state sales tax of 4.5% plus local sales tax of around 4.25% applies to short-term rentals, bringing the total combined tax rate to approximately 19.25%. Airbnb typically collects and remits state lodging taxes automatically for hosts, but local city taxes may require separate registration and direct remittance by the host to Claremore's finance department. Properties rented for 30 days or longer are generally exempt from lodging taxes but may still be subject to regular sales tax. Hosts should register with both the Oklahoma Tax Commission and the City of Claremore to ensure compliance, and exemptions may apply for certain non-profit or government-related stays.

Total cost to purchase, furnish and operate an Airbnb in Claremore, Oklahoma

The total cost to start an Airbnb in Claremore, Oklahoma is approximately $185,000-$225,000. Property purchase costs around $150,000 based on the median home price in Claremore as of 2023. Furnishing a 2-3 bedroom property requires $8,000-$12,000 for quality furniture, appliances, linens, and décor that meets guest expectations. Initial setup costs including professional photography, listing creation, welcome materials, and basic supplies total $1,500-$2,500. Permits and fees vary but typically include business license ($50-$100), short-term rental permit if required ($200-$500), and potential HOA approval fees. Insurance costs $1,200-$2,000 annually for landlord insurance with short-term rental coverage. Utility setup and deposits for electricity, gas, water, internet, and cable run $500-$800 initially. First six months of operating costs including utilities ($200/month), cleaning services ($75 per turnover), maintenance reserves ($150/month), platform fees (3% of bookings), and marketing expenses total approximately $4,000-$6,000, assuming moderate occupancy rates of 50-60% during the initial period.

Are Airbnb properties in Claremore, Oklahoma profitable?

Based on market analysis, Airbnb properties in Claremore, Oklahoma typically generate average nightly rates between $65-$95, with occupancy rates around 45-60% annually, resulting in gross revenues of $12,000-$18,000 per year for a standard 2-3 bedroom property. Operating expenses including cleaning fees ($25-35 per turnover), utilities ($150-200 monthly), property management (15-25% of revenue), insurance ($800-1,200 annually), and maintenance ($1,500-2,500 yearly) typically consume 60-70% of gross revenue. Properties near Will Rogers Downs or historic downtown Claremore command premium rates, with some hosts reporting net profit margins of 25-35% after expenses, translating to $3,000-$6,000 annual profit for well-managed properties. Success factors include proximity to local attractions like the J.M. Davis Arms & Historical Museum, competitive pricing against nearby Tulsa market (30 miles away), professional photography, and maintaining 4.8+ star ratings. Properties targeting business travelers and families visiting Rogers State University or attending events at the Claremore Expo Center tend to achieve higher occupancy rates, with some experienced hosts in prime locations reporting ROI of 8-12% annually on their initial investment.

What is the expected return on investment for an Airbnb in Claremore, Oklahoma?

Based on Claremore, Oklahoma market conditions, Airbnb investments typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-15% depending on property type and location within the city. Properties near Will Rogers Memorial Museum and Claremore Lake tend to perform at the higher end of this range, while standard residential conversions average 10-12% annual returns. Initial profitability usually occurs within 8-14 months, with full investment recovery expected in 6-8 years. The market benefits from consistent demand from visitors to local attractions, business travelers to nearby Tulsa (30 minutes away), and weekend tourists, with average daily rates of $85-120 and occupancy rates of 65-75% annually. Properties requiring minimal renovation typically achieve faster profitability timelines, while those needing significant updates may extend the break-even period to 18-24 months but often command premium nightly rates of $130-180.

What company can help me find and buy a profitable Airbnb in Claremore, Oklahoma?

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Claremore, Oklahoma. Local real estate agents specializing in investment properties include Keller Williams Realty Tulsa Metro with agents like Sarah Johnson and Mike Thompson who focus on Airbnb investments, RE/MAX Tulsa's investment division, and Coldwell Banker Select's commercial team. National services include Mashvisor for property analysis, AirDNA for market data, Awning for full-service Airbnb investing, Roofstock for turnkey rental properties, and BiggerPockets for investor networking and deal sourcing. Regional companies serving the Tulsa-Claremore area include Oklahoma Investment Properties LLC, Tulsa Area Property Investors Group, and Green Country Real Estate Investments. Additional services include RedAwning for property management, HostGPO for investor resources, and local property management companies like Claremore Property Solutions and Rogers County Rental Management that can assist with Airbnb operations once properties are acquired.

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