Is Enterprise, Kansas Good for Airbnb Investment?

Potentially—Enterprise, Kansas combines visitor demand with long-term real estate upside.

• Presents a potentially viable opportunity, influenced by local market dynamics and modest tourism.
• Current market conditions in Enterprise are characterized by relatively stable property values, which, while not experiencing rapid appreciation.
• Tourism trends are largely driven by regional attractions such as Milford Lake, which draws visitors for recreational activities like fishing, boating, and camping.
• Additionally, local events and proximity to military installations like Fort Riley contribute to a steady, albeit smaller, influx of short-term visitors.
• The investment potential for Airbnb in Enterprise hinges on targeting these specific segments, offering properties that cater to families, outdoor enthusiasts.
• While not a high-growth market like major metropolitan areas, Enterprise could offer consistent rental income and a reasonable return on investment for investors willing to focus on niche markets and manage properties efficiently.

$800–$1,500 per month based on location, season, and property quality.

• Based on available market data and regional analysis, average Airbnb earnings in Enterprise, Kansas typically range from $800 to $1,500 per month for standard residential properties.
• Seasonal variations show peak earnings during summer months (June through August) when revenue can increase by 25-35% due to higher tourism activity and local events.
• Properties located within walking distance of downtown Enterprise or near Milford Lake tend to command premium rates of $75-120 per night compared to $45-85 for more remote locations.
• Key factors affecting earnings include property size and amenities, with three-bedroom homes averaging $95 per night versus $65 for one-bedroom units, while features like hot tubs, fire pits.
• Occupancy rates in the area typically hover around 55-65% annually, with successful hosts maintaining higher occupancy through competitive pricing, professional photography.
• Market data suggests that properties with strong reviews and Superhost status can achieve occupancy rates exceeding 70% and command rates 10-15% above market average.

Potentially strong—typical annual ROI is 8–12%.

• Typically generate ROI between 8-12% annually, with payback periods averaging 10-14 years due to the small market size and limited tourist demand in this rural community of approximately 850 residents.
• Short-term rental properties in Enterprise average $65-85 per night with occupancy rates around 35-45%.
• The limited commercial attractions and distance from major Kansas cities like Wichita result in seasonal fluctuations heavily dependent on hunting seasons and agricultural events.
• Property acquisition costs in Enterprise range from $80,000-150,000 for suitable rental properties, with additional startup costs of $8,000-15,000 for furnishing and compliance.

Enterprise, Kansas averages 45–55% annual occupancy, with seasonal variation.

• Based on available data and market analysis, Airbnb occupancy rates in Enterprise, Kansas average approximately 45-55% annually.
• Enterprise experiences its peak occupancy during summer months (June through August) when rates climb to 65-70%, driven by agricultural tourism, family visits.
• Spring months (April-May) see moderate occupancy around 50-55% due to pleasant weather and outdoor activities, while fall occupancy drops to 40-45% as tourism declines.
• Winter months (December-February) represent the lowest occupancy period at 25-35%, typical for rural Kansas markets where harsh weather and limited attractions reduce travel demand.
• The town's occupancy rates are influenced by its small size, limited tourist attractions compared to larger Kansas cities, and its primarily agricultural economy.
• Weekend occupancy rates typically exceed weekday rates by 15-20 percentage points throughout the year.

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

• Enterprise, Kansas offers limited but focused Airbnb investment opportunities primarily centered around its downtown historic district.
• The residential area near Enterprise State Fishing Lake provides strong seasonal demand from fishing enthusiasts and outdoor recreationalists.
• The neighborhoods surrounding the Enterprise Community Center and school district appeal to families visiting for sports tournaments and school events.
• Properties near the grain elevator and agricultural facilities attract business travelers and agricultural consultants, providing consistent weekday demand at $85-110 rates.
• The tree-lined streets in the older residential section near Main Street offer authentic Kansas small-town experiences that appeal to road trip travelers and those seeking rural retreats.
• The area near Highway 15 provides convenient access for travelers passing through central Kansas, with properties earning $75-95 due to their strategic location between larger cities.
• Finally, neighborhoods close to local churches and community gathering spaces benefit from religious retreat groups and family reunions.

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

• Property owners typically need to obtain a business license and may require a conditional use permit depending on zoning classification.
• Occupancy limits generally follow state fire codes, typically allowing 2 persons per bedroom plus 2 additional guests, with maximum occupancy rarely exceeding 10-12 people.
• Owner-occupancy requirements are minimal, though properties must have a designated local contact person available 24/7 for emergencies and complaints.
• Zoning restrictions primarily limit short-term rentals to residential and mixed-use areas, with agricultural zones requiring special permits.
• The registration process involves submitting applications to Dickinson County Planning and Zoning, providing proof of insurance, septic system compliance for rural properties.
• Recent changes since 2022 have included stricter parking requirements (minimum 2 spaces per unit), enhanced safety inspections for properties built before 1980, and mandatory registration renewal every two years instead of annually, reflecting the county's effort to balance tourism revenue with residential community concerns.

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

• Short-term rentals in Enterprise, Kansas are subject to Kansas state sales tax of 6.5% plus Johnson County sales tax of 1.125%, totaling 7.625% on rental income.
• Property owners must obtain a business license from the city costing around $25-50 annually and register with the Kansas Department of Revenue for sales tax collection at no fee.
• Tourism or transient guest taxes typically range from 3-5% of gross rental receipts in Kansas municipalities.
• Additional costs may include zoning compliance fees of $50-100, health department inspections at $75-150 annually, and potential homeowner association fees if applicable.
• Fire safety inspections may cost $100-200 initially with annual renewals at $50-75, while some properties require special use permits costing $200-500 depending on zoning requirements.