Airbnb Investing by City
Oklahoma
Edmond

Is Edmond, Oklahoma Good for Airbnb Investment?

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Edmond, Oklahoma market research

Edmond, Oklahoma Airbnb Investment Overview

$1,200–$2,800Typical monthly host earnings
8–12%Typical annual ROI
55–65%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Edmond, Oklahoma?

Potentially. Edmond, Oklahoma combines visitor demand with long-term real estate upside.

  • Presents a promising opportunity driven by the city's steady population growth, stable property values, and increasing local attractions.
  • While Edmond isn't a major tourist hub, its appeal lies in its suburban charm, excellent schools, and proximity to Oklahoma City, attracting visitors for family events, business travel.
  • Current market conditions in Edmond show a healthy demand for housing, with property values appreciating at a consistent pace, offering a solid foundation for long-term investment.
  • The investment potential for Airbnb in Edmond is further enhanced by its growing event calendar and university presence, ensuring a consistent, albeit perhaps not seasonal.
Earnings

How Much Does an Average Airbnb Earn in Edmond?

$1,200–$2,800 per month based on location, season, and property quality.

  • Based on available market data and rental analytics, Airbnb hosts in Edmond, Oklahoma typically earn between $1,200 to $2,800 per month.
  • Seasonal variations show peak earnings during spring and fall months when Oklahoma weather is most favorable and university events drive demand.
  • Winter months typically represent the lowest earning period with revenues dropping 15-25% below average.
  • Key factors affecting earnings include proximity to the University of Central Oklahoma campus, property size and amenities, professional photography and listing optimization, responsive host communication.
  • Properties within walking distance of downtown Edmond or university facilities command premium rates, while those offering unique amenities like pools, hot tubs.
  • The local market benefits from consistent demand from visiting families, business travelers, and sports tournament participants.
ROI Analysis

Airbnb Return on Investment in Edmond

Potentially strong, with a typical annual ROI of 8–12%.

  • Typically generate ROI between 8-12% annually, with higher-end properties near the University of Central Oklahoma and downtown areas achieving returns closer to 15% during peak periods.
  • The average payback period ranges from 7-10 years, depending on initial investment and property management efficiency.
  • Properties averaging $150-200 per night with 65-70% occupancy rates generally outperform traditional long-term rentals by 2-4 percentage points.
  • The market benefits from consistent demand driven by university visitors, business travelers to nearby Oklahoma City, and families visiting local attractions.
Occupancy Rate

Average Airbnb Occupancy Rate in Edmond

Edmond, Oklahoma averages 55–65% annual occupancy, with seasonal variation.

  • Airbnb occupancy rates in Edmond, Oklahoma typically average around 55-65% annually, with peak seasons occurring during spring (March-May) and fall (September-November) when occupancy can reach 70-80% due to University of Central Oklahoma events, pleasant weather, and local festivals.
  • Summer months see moderate occupancy of 60-70% driven by family travel and outdoor activities, while winter months drop to 45-55% as tourism naturally declines.
  • Edmond's occupancy rates generally perform slightly below Oklahoma's state average of 60-70% and significantly below the national Airbnb average of 70-75%.
  • The city's proximity to Oklahoma City helps maintain steady demand from business travelers and visitors to nearby attractions, but seasonal fluctuations are more pronounced than in larger urban markets.
Best Neighborhoods

Best Neighborhoods for Airbnb in Edmond

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • The best Airbnb investment neighborhoods in Edmond include Downtown Edmond, which offers proximity to the University of Central Oklahoma and historic charm with strong rental demand from visiting families and university guests, typically commanding $80-120 per night.
  • The Deer Creek area attracts affluent travelers seeking upscale accommodations near top-rated schools and golf courses.
  • Neighborhoods near Arcadia Lake provide outdoor recreation appeal for families and fishing enthusiasts.
  • The Coffee Creek area offers newer construction homes that appeal to business travelers and families, with modern amenities supporting $90-130 nightly rates.
  • Areas around Hafer Park benefit from proximity to walking trails, sports facilities, and family attractions, maintaining consistent occupancy with rates of $75-115 per night.
  • The Spring Creek neighborhood provides a balance of affordability and desirability with access to shopping and dining, typically earning $70-105 nightly.
  • Finally, properties near the Edmond Historical Society and Museum district attract cultural tourists and weekend visitors.
Regulations

Short-term Rental Regulations in Edmond

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Edmond, Oklahoma requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, insurance documentation.
  • Properties are limited to a maximum occupancy of two guests per bedroom plus two additional guests, with total occupancy not exceeding ten people regardless of bedroom count.
  • Owner-occupancy is not required for short-term rentals, allowing investment properties to operate as vacation rentals.
  • Zoning restrictions permit short-term rentals in residential districts including R-1, R-2, and R-3 zones.
  • The registration process involves submitting an application with a fee of approximately $100-150, providing proof of liability insurance of at least $500,000, designating a local contact person available 24/7, and passing initial and annual safety inspections.
  • Recent regulatory changes have included stricter noise ordinance enforcement with fines up to $500 for violations, mandatory posting of house rules and emergency contact information.
Fees and Taxes

Short-term Rental Fees and Taxes in Edmond

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Edmond, Oklahoma are subject to several fees and taxes including Oklahoma state sales tax of 4.5%, Oklahoma County sales tax of approximately 1%, and Edmond city sales tax of 4.125%.
  • The city requires a business license costing approximately $25-50 annually, and operators must obtain a short-term rental permit with fees estimated at $100-200 per year.
  • Oklahoma imposes a state lodging tax of 5.5% on accommodations, and there may be additional tourism or transient occupancy taxes of 2-3% depending on the specific location within Edmond.
  • Property owners must also register with the Oklahoma Tax Commission for sales tax collection purposes, which typically involves a $20 registration fee.
  • Additional costs may include inspection fees of $50-100 for initial permits and potential renewal fees.
Common questions

Edmond, Oklahoma Airbnb investment FAQs

How to start an Airbnb in Edmond, Oklahoma?

To start an Airbnb in Edmond, Oklahoma, begin by researching local regulations as Edmond requires short term rental operators to obtain a business license from the City Clerk's office and comply with zoning restrictions that typically limit rentals to no more than 30% of units in residential areas.

Launch checklist

  • Contact Edmond's Planning Department at 405 to 359 4770 to verify your property's zoning allows short term rentals and obtain necessary permits including a Certificate of Occupancy if required.
  • Find a suitable property in neighborhoods like Coffee Creek, Deer Creek, or downtown Edmond that meets the city's safety requirements including smoke detectors, carbon monoxide detectors, and proper egress windows.
  • Furnish the space with quality furniture, linens, kitchen essentials, and amenities like WiFi, focusing on comfort and local touches that reflect Oklahoma's character.
  • Create your Airbnb listing with professional photos, competitive pricing (typically $75 to 150/night in Edmond as of 2023), and detailed descriptions highlighting proximity to University of Central Oklahoma, Mitch Park, or downtown Oklahoma City.
  • Manage your property by establishing cleaning protocols, guest communication systems, and consider using property management companies like RedAwning or Vacasa if you prefer hands off management.
What's the best way to identify good STR properties in Edmond, Oklahoma?

To identify profitable short term rental properties in Edmond, Oklahoma, focus on locations within 10 to 15 minutes of the University of Central Oklahoma campus, near Arcadia Lake recreational areas.

What to prioritize

  • Target 3 to 4 bedroom single family homes built after 1990 with modern amenities, pools, and outdoor spaces that can accommodate 6 to 8 guests, as these command higher nightly rates of $120 to 180 compared to smaller properties at $80 to 120.
  • Analyze comparable properties using AirDNA and Mashvisor to assess occupancy rates (typically 60 to 75% in Edmond) and revenue potential, while researching competition through Airbnb and VRBO to identify gaps in amenities or pricing.
  • Focus on properties priced 15 to 20% below market value in the $200,000 to 350,000 range to ensure positive cash flow after mortgage, utilities, cleaning, and management costs.
  • Utilize local resources like the Edmond Economic Development Authority for market insights, partner with property management companies like RedAwning or Vacasa for operations.
How to get an Airbnb permit in Edmond, Oklahoma?

To obtain an Airbnb/STR permit in Edmond, Oklahoma, you must first contact the City of Edmond Planning Department at 100 E 1st Street or call (405) 359 to 4690 to submit a Special Use Permit application, as short term rentals require special approval in residential zones.

Documents and approvals

  • Required documents include a completed application form, property deed or lease agreement, site plan showing parking arrangements, floor plan of the rental unit, proof of liability insurance (minimum $1 million coverage), contact information for a local property manager if you're not local.
  • The application fee is approximately $350 to 500, with additional fees for public hearing notices around $200 to 300.
  • You must also obtain a business license from the City Clerk's office for approximately $25 to 50 annually and register for sales tax with the Oklahoma Tax Commission.
  • The timeline typically takes 6 to 8 weeks, including a mandatory public hearing before the Planning Commission and potential City Council review.
  • Specific Edmond requirements include maintaining off street parking for each bedroom, limiting occupancy to 2 people per bedroom plus 2 additional guests, ensuring 24/7 local contact availability, posting maximum occupancy and quiet hours (typically 10 PM to 7 AM).
  • Properties must also comply with International Property Maintenance Code standards and may require additional permits if modifications are made to accommodate guests.
Is it legal to operate a short-term rental in Edmond, Oklahoma?

Short term rentals (STRs) are legal in Edmond, Oklahoma, but operate under specific regulations established by the city.

Core operating requirements

  • Edmond requires STR operators to obtain a business license and comply with zoning restrictions that primarily allow STRs in residential areas, though certain neighborhoods may have homeowner association restrictions.
  • The city implemented regulations around 2019 to 2020 that require properties to meet safety standards, maintain adequate parking, and limit occupancy based on bedroom count.
  • STR operators must also collect and remit applicable taxes and ensure properties don't create nuisance issues for neighbors.
  • While not prohibited in specific areas city wide, individual subdivisions or HOAs may have their own restrictions.
  • Recent enforcement has focused on ensuring compliance with licensing requirements and addressing noise complaints, with the city maintaining a registry of approved STR properties and conducting periodic inspections to ensure ongoing compliance with health, safety.
What are the best places to invest in Airbnb in Edmond, Oklahoma?

The best Airbnb investment areas in Edmond, Oklahoma include the Historic Downtown District near 1st Street and Broadway, which attracts visitors for its charming shops, restaurants, and proximity to the University of Central Oklahoma campus. The Deer Creek area in northwest Edmond offers upscale properties that appeal to business travelers and families visiting the highly rated Deer Creek School District.

Areas to research

  • The areas near Hafer Park and Arcadia Lake draw outdoor enthusiasts and families attending youth sports tournaments at the numerous athletic complexes, while properties within walking distance of UCO campus benefit from parent visits, graduation events.
  • The Covell Road corridor offers excellent accessibility to Oklahoma City's business district while maintaining Edmond's suburban appeal, making it ideal for extended stay business travelers who prefer quieter accommodations outside the city center.
Airbnb and lodging taxes in Edmond, Oklahoma

In Edmond, Oklahoma, Airbnb hosts are subject to both state and local lodging taxes.

Taxes and filing responsibilities

  • The Oklahoma state lodging tax is 5.5% on gross rental receipts, while Edmond imposes an additional local hotel/motel tax of 6%, bringing the total lodging tax to 11.5%.
  • These taxes apply to short term rentals under 30 days and are collected from guests at the time of booking, with Airbnb typically handling collection and remittance directly to tax authorities through their automated system for participating jurisdictions.
  • Hosts must register with the Oklahoma Tax Commission and may need to obtain a local business license from the City of Edmond.
  • Monthly remittance is generally required by the 20th of the following month, though Airbnb's collection service may handle this automatically.
  • Rentals exceeding 30 consecutive days are typically exempt from these lodging taxes, and some jurisdictions may provide exemptions for certain types of accommodations or guests, such as government employees or extended stay situations.
Total cost to purchase, furnish and operate an Airbnb in Edmond, Oklahoma

Starting an Airbnb in Edmond, Oklahoma requires approximately $280,000 to $320,000 in total initial investment.

Cost breakdown

  • Property purchase costs average $275,000 based on Edmond's median home prices as of 2023 to 2024.
  • Furnishing a 3 bedroom property typically runs $15,000 to $25,000 including furniture, appliances, linens, and décor from retailers like IKEA, Wayfair, and local furniture stores.
  • Initial setup costs including professional photography, listing creation, and marketing materials total around $2,000 to $3,000.
  • Permits and fees vary but expect $500 to $1,500 for business licenses, short term rental permits, and city compliance requirements.
  • Insurance premiums for short term rental coverage through companies like Proper Insurance or CBIZ run $2,000 to $4,000 annually.
  • Utility deposits and connections (electricity, gas, water, internet, cable) cost approximately $1,000 to $2,000 upfront.
  • First six months of operating expenses including utilities ($200/month), cleaning services ($100 to 150 per turnover), maintenance reserves ($300/month), property management software like Airbnb or VRBO fees (3 to 5% of bookings).
Are Airbnb properties in Edmond, Oklahoma profitable?

Airbnb properties in Edmond, Oklahoma typically generate annual revenues between $18,000 to $35,000 for well positioned properties, with average daily rates ranging from $75 to $120 depending on property size and amenities.

Profitability indicators

  • Operating expenses generally consume 40 to 50% of gross revenue, including cleaning fees ($25 to 40 per turnover), property management (15 to 25% if outsourced), utilities ($150 to 250 monthly), insurance ($1,200 to 2,000 annually).
  • Properties near the University of Central Oklahoma or downtown areas achieve higher occupancy rates of 65 to 75% compared to suburban locations at 45 to 60%.
  • Key success factors include proximity to the university, corporate housing demand from oil and gas companies like Devon Energy and Chesapeake Energy, competitive pricing strategies, professional photography.
  • Properties targeting business travelers and university visitors tend to outperform leisure focused listings, with some hosts achieving ROI of 12 to 18% annually on their initial investment when factoring in mortgage payments and capital improvements.
What is the expected return on investment for an Airbnb in Edmond, Oklahoma?

Airbnb investments in Edmond, Oklahoma typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10%, based on the city's proximity to Oklahoma City and steady demand from business travelers and families visiting the University of Central Oklahoma. Properties in desirable neighborhoods near downtown Edmond or UCO campus can achieve occupancy rates of 65 to 75% annually, with average daily rates of $85 to 120 depending on property size and amenities.

Return planning figures

  • Initial profitability usually occurs within 12 to 18 months for well positioned properties, with investors typically seeing positive cash flow after accounting for mortgage payments, property management fees of 15 to 25%, cleaning costs, and maintenance expenses.
  • The market benefits from Edmond's strong local economy, low crime rates, and consistent year round demand, though seasonal fluctuations occur with university schedules and summer family travel patterns affecting booking rates and pricing strategies.
What company can help me find and buy a profitable Airbnb in Edmond, Oklahoma?

STRSearch is a national platform that specializes in identifying profitable short term rental properties for investors, including in Edmond, Oklahoma.

Companies and resources

  • In the Oklahoma City metro area, which includes Edmond, investors can work with local real estate agents like those at Keller Williams Realty, RE/MAX First, and Coldwell Banker Select who have experience with investment properties and short term rental markets.
  • National services include Awning, which provides end to end Airbnb investment services including property identification and management, and Mashvisor, an analytics platform that helps investors find profitable rental properties in specific markets like Edmond.
  • Local property management companies such as RedAwning and Vacasa also assist investors by identifying suitable properties and providing market insights for the Edmond area.
  • Additionally, BiggerPockets marketplace and Roofstock occasionally feature investment properties in the Oklahoma City metro area.
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