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Find Your Airbnb InvestmentInvesting in Airbnb properties in Fair Grove, Missouri, presents a more modest opportunity given the city's small-town character and limited tourism infrastructure. Fair Grove's market is characterized by its rural setting, proximity to Springfield, and quiet residential atmosphere that appeals primarily to visitors seeking peaceful retreats or those with family connections to the area. This niche demand results in lower but potentially steady occupancy rates for short-term rentals. Property values remain relatively affordable compared to major metropolitan areas, making initial investments more accessible, though rental income potential is correspondingly lower due to limited tourist traffic and fewer major attractions or events. The potential for appreciation exists given the area's proximity to Springfield and the broader Ozarks region's growing appeal. Investors should consider the limited local demand, seasonal fluctuations, and the need to market to specific niches such as outdoor enthusiasts or those seeking rural getaways, which can impact overall profitability and require more targeted marketing strategies.
Based on available market data and regional analysis, Airbnb properties in Fair Grove, Missouri typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,600 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and summer months when outdoor activities and local events drive higher occupancy rates, with revenues potentially increasing 25-40% above winter baseline levels. Properties featuring amenities like hot tubs, fire pits, or proximity to fishing spots command premium rates of $85-150 per night compared to basic accommodations at $60-95 per night. Key factors affecting earnings include property condition, professional photography quality, responsive host communication, proximity to Stockton Lake recreational areas, and competition from approximately 15-25 other short-term rental properties in the immediate area. Occupancy rates typically range from 45-65% annually, with higher-performing properties achieving 70%+ occupancy through strategic pricing and superior guest experiences, while properties lacking distinctive features or proper maintenance often struggle to maintain 40% occupancy rates.
Airbnb investments in Fair Grove, Missouri 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 1,400 residents. Properties averaging $120,000-180,000 can expect gross rental income of $12,000-18,000 annually when achieving 40-50% occupancy rates at $80-120 per night, though seasonal fluctuations significantly impact performance with stronger summer months coinciding with nearby outdoor activities and Springfield area events. Compared to traditional long-term rentals yielding 6-8% ROI in Fair Grove, short-term rentals offer marginally better returns but require substantially more management effort, higher turnover costs, and face greater income volatility, making long-term rentals often more attractive for passive investors despite the lower absolute returns, particularly given the limited corporate housing demand and modest tourism infrastructure in this Greene County location.
Fair Grove, Missouri, a small town in Greene County, experiences Airbnb occupancy rates averaging approximately 45-55% annually, which is slightly below the Missouri state average of around 60% and the national average of 65%. The area sees its peak occupancy during late spring through early fall (May through September) when rates climb to 65-75%, driven by outdoor recreation activities, fishing at nearby lakes, and summer tourism to the Ozarks region. Winter months typically see occupancy drop to 25-35% due to reduced tourist activity and harsh weather conditions. The shoulder seasons of March-April and October-November maintain moderate occupancy rates of 40-50%. Fair Grove's rural location and limited attractions compared to larger Missouri destinations like Branson or Lake of the Ozarks contribute to its lower-than-average occupancy rates, though properties near Wilson's Creek National Battlefield and those catering to outdoor enthusiasts tend to perform better than the local average.
Fair Grove, Missouri offers several promising neighborhoods for Airbnb investment, with the downtown historic district being the most attractive due to its charming small-town character, walkability to local shops and restaurants, and appeal to visitors seeking authentic Midwest experiences, typically commanding $80-120 per night. The residential areas near Fair Grove High School and the community center provide excellent opportunities for family-oriented rentals, benefiting from proximity to local events and sports activities while maintaining quiet, safe environments that attract longer-stay guests at $70-100 nightly rates. The neighborhoods along Highway 125 offer convenient access for travelers passing through the Springfield metropolitan area, making them ideal for business travelers and tourists heading to Branson or other regional attractions, with strong occupancy rates and $75-110 pricing power. The rural residential areas on the town's outskirts appeal to guests seeking peaceful retreats and outdoor experiences, particularly during hunting seasons and summer months, supporting rates of $90-140 per night. Properties near the Fair Grove Community Park and recreational facilities attract families and groups attending local festivals and sporting events, providing steady seasonal demand. The established neighborhoods around Elm Street and Oak Street offer a balance of small-town charm and modern amenities, appealing to both leisure and business travelers with consistent $80-115 nightly rates. Finally, the newer residential developments on the town's growing edges provide modern amenities and appeal to guests preferring updated accommodations while still experiencing small-town Missouri hospitality, typically achieving $85-125 per night with strong review ratings.
Short-term rental regulations in Fair Grove, Missouri are primarily governed at the county level through Greene County ordinances, as the small city of approximately 1,400 residents has limited municipal short-term rental legislation. Property owners typically need to obtain a business license through Greene County and comply with state tax requirements including collecting and remitting lodging taxes to the Missouri Department of Revenue. Occupancy limits generally follow International Building Code standards based on square footage and bedroom count, typically allowing 2 persons per bedroom plus 2 additional occupants. Owner-occupancy requirements are minimal at the local level, though properties must meet basic safety and habitability standards including smoke detectors, carbon monoxide detectors, and proper egress windows. Zoning restrictions generally permit short-term rentals in residential areas as accessory uses, but commercial zoning may be required for properties operating more than 180 days annually. The registration process involves submitting applications to Greene County Planning and Zoning Department with property details, safety compliance documentation, and proof of liability insurance typically requiring minimum $1 million coverage. Recent regulatory changes since 2022 have included stricter noise ordinance enforcement and requirements for local contact persons available 24/7 for guest issues, reflecting growing concerns about short-term rental impacts on residential neighborhoods throughout southwestern Missouri communities.
Short-term rentals in Fair Grove, Missouri are subject to several fees and taxes including Missouri state sales tax of 4.225%, Greene County sales tax of approximately 2.725%, and local Fair Grove sales tax of around 1%, totaling roughly 7.95% in combined sales tax on rental income. The state lodging tax is 3.5% on gross receipts, while Greene County may impose an additional tourism tax of 1-2%. Registration fees typically range from $50-100 annually for business licenses, with some properties requiring special use permits costing $100-300. Annual permit renewals generally cost $25-75, and there may be inspection fees of $50-150 per property. Property owners must also account for standard property taxes, which average 0.8-1.2% of assessed value annually, and may need to pay additional fees for fire safety inspections ($25-50) and health department permits ($30-75) depending on the property type and local ordinances.
Investing in Airbnb properties in Fair Grove, Missouri, presents a more modest opportunity given the city's small-town character and limited tourism infrastructure. Fair Grove's market is characterized by its rural setting, proximity to Springfield, and quiet residential atmosphere that appeals primarily to visitors seeking peaceful retreats or those with family connections to the area. This niche demand results in lower but potentially steady occupancy rates for short-term rentals. Property values remain relatively affordable compared to major metropolitan areas, making initial investments more accessible, though rental income potential is correspondingly lower due to limited tourist traffic and fewer major attractions or events. The potential for appreciation exists given the area's proximity to Springfield and the broader Ozarks region's growing appeal. Investors should consider the limited local demand, seasonal fluctuations, and the need to market to specific niches such as outdoor enthusiasts or those seeking rural getaways, which can impact overall profitability and require more targeted marketing strategies.
Based on available market data and regional analysis, Airbnb properties in Fair Grove, Missouri typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,600 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and summer months when outdoor activities and local events drive higher occupancy rates, with revenues potentially increasing 25-40% above winter baseline levels. Properties featuring amenities like hot tubs, fire pits, or proximity to fishing spots command premium rates of $85-150 per night compared to basic accommodations at $60-95 per night. Key factors affecting earnings include property condition, professional photography quality, responsive host communication, proximity to Stockton Lake recreational areas, and competition from approximately 15-25 other short-term rental properties in the immediate area. Occupancy rates typically range from 45-65% annually, with higher-performing properties achieving 70%+ occupancy through strategic pricing and superior guest experiences, while properties lacking distinctive features or proper maintenance often struggle to maintain 40% occupancy rates.
Airbnb investments in Fair Grove, Missouri 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 1,400 residents. Properties averaging $120,000-180,000 can expect gross rental income of $12,000-18,000 annually when achieving 40-50% occupancy rates at $80-120 per night, though seasonal fluctuations significantly impact performance with stronger summer months coinciding with nearby outdoor activities and Springfield area events. Compared to traditional long-term rentals yielding 6-8% ROI in Fair Grove, short-term rentals offer marginally better returns but require substantially more management effort, higher turnover costs, and face greater income volatility, making long-term rentals often more attractive for passive investors despite the lower absolute returns, particularly given the limited corporate housing demand and modest tourism infrastructure in this Greene County location.
Fair Grove, Missouri, a small town in Greene County, experiences Airbnb occupancy rates averaging approximately 45-55% annually, which is slightly below the Missouri state average of around 60% and the national average of 65%. The area sees its peak occupancy during late spring through early fall (May through September) when rates climb to 65-75%, driven by outdoor recreation activities, fishing at nearby lakes, and summer tourism to the Ozarks region. Winter months typically see occupancy drop to 25-35% due to reduced tourist activity and harsh weather conditions. The shoulder seasons of March-April and October-November maintain moderate occupancy rates of 40-50%. Fair Grove's rural location and limited attractions compared to larger Missouri destinations like Branson or Lake of the Ozarks contribute to its lower-than-average occupancy rates, though properties near Wilson's Creek National Battlefield and those catering to outdoor enthusiasts tend to perform better than the local average.
Fair Grove, Missouri offers several promising neighborhoods for Airbnb investment, with the downtown historic district being the most attractive due to its charming small-town character, walkability to local shops and restaurants, and appeal to visitors seeking authentic Midwest experiences, typically commanding $80-120 per night. The residential areas near Fair Grove High School and the community center provide excellent opportunities for family-oriented rentals, benefiting from proximity to local events and sports activities while maintaining quiet, safe environments that attract longer-stay guests at $70-100 nightly rates. The neighborhoods along Highway 125 offer convenient access for travelers passing through the Springfield metropolitan area, making them ideal for business travelers and tourists heading to Branson or other regional attractions, with strong occupancy rates and $75-110 pricing power. The rural residential areas on the town's outskirts appeal to guests seeking peaceful retreats and outdoor experiences, particularly during hunting seasons and summer months, supporting rates of $90-140 per night. Properties near the Fair Grove Community Park and recreational facilities attract families and groups attending local festivals and sporting events, providing steady seasonal demand. The established neighborhoods around Elm Street and Oak Street offer a balance of small-town charm and modern amenities, appealing to both leisure and business travelers with consistent $80-115 nightly rates. Finally, the newer residential developments on the town's growing edges provide modern amenities and appeal to guests preferring updated accommodations while still experiencing small-town Missouri hospitality, typically achieving $85-125 per night with strong review ratings.
Short-term rental regulations in Fair Grove, Missouri are primarily governed at the county level through Greene County ordinances, as the small city of approximately 1,400 residents has limited municipal short-term rental legislation. Property owners typically need to obtain a business license through Greene County and comply with state tax requirements including collecting and remitting lodging taxes to the Missouri Department of Revenue. Occupancy limits generally follow International Building Code standards based on square footage and bedroom count, typically allowing 2 persons per bedroom plus 2 additional occupants. Owner-occupancy requirements are minimal at the local level, though properties must meet basic safety and habitability standards including smoke detectors, carbon monoxide detectors, and proper egress windows. Zoning restrictions generally permit short-term rentals in residential areas as accessory uses, but commercial zoning may be required for properties operating more than 180 days annually. The registration process involves submitting applications to Greene County Planning and Zoning Department with property details, safety compliance documentation, and proof of liability insurance typically requiring minimum $1 million coverage. Recent regulatory changes since 2022 have included stricter noise ordinance enforcement and requirements for local contact persons available 24/7 for guest issues, reflecting growing concerns about short-term rental impacts on residential neighborhoods throughout southwestern Missouri communities.
Short-term rentals in Fair Grove, Missouri are subject to several fees and taxes including Missouri state sales tax of 4.225%, Greene County sales tax of approximately 2.725%, and local Fair Grove sales tax of around 1%, totaling roughly 7.95% in combined sales tax on rental income. The state lodging tax is 3.5% on gross receipts, while Greene County may impose an additional tourism tax of 1-2%. Registration fees typically range from $50-100 annually for business licenses, with some properties requiring special use permits costing $100-300. Annual permit renewals generally cost $25-75, and there may be inspection fees of $50-150 per property. Property owners must also account for standard property taxes, which average 0.8-1.2% of assessed value annually, and may need to pay additional fees for fire safety inspections ($25-50) and health department permits ($30-75) depending on the property type and local ordinances.
* 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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To start an Airbnb in Fair Grove, Missouri, begin by researching local zoning laws through Greene County planning department and Fair Grove city hall, as the city may require short-term rental permits or business licenses, with typical fees ranging $50-200 annually. Contact Fair Grove's city clerk at (417) 759-2233 to verify specific STR regulations, occupancy limits, and parking requirements, then obtain necessary permits including a Missouri sales tax license through the Department of Revenue since you'll collect lodging taxes. Find suitable property by searching MLS listings in Fair Grove's residential areas, focusing on 2-3 bedroom homes priced $80,000-150,000 that allow rental use according to HOA or deed restrictions. Furnish the space with essential amenities including quality mattresses, linens, kitchen appliances, WiFi, and local touches highlighting Fair Grove's proximity to Springfield and outdoor attractions, budgeting $8,000-15,000 for complete furnishing. Create your Airbnb listing with professional photos, competitive pricing around $75-120/night based on Fair Grove market rates, and highlight nearby attractions like Wilson's Creek National Battlefield and Springfield's entertainment district. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges through lockboxes or smart locks, maintaining the property regularly, and ensuring compliance with Missouri's 4.225% state lodging tax plus any local Fair Grove occupancy taxes while keeping detailed records for tax purposes.
To identify profitable short-term rental properties in Fair Grove, Missouri, focus on properties within 15-20 minutes of Springfield attractions like Bass Pro Shops Outdoor World and Missouri State University, as Fair Grove benefits from overflow demand while offering lower acquisition costs. Target 2-4 bedroom single-family homes or cabins with outdoor amenities like fire pits, hot tubs, or large yards that appeal to families and groups visiting the Ozarks region, with properties built after 1990 typically performing better due to modern amenities and lower maintenance costs. Conduct pricing analysis using AirDNA and Mashvisor to identify properties under $200,000 that can generate $100-150 per night, focusing on areas near Wilson's Creek National Battlefield or properties with lake access to Table Rock Lake or Fellows Lake. Research competition by analyzing existing STRs within a 10-mile radius on Airbnb and VRBO, noting that Fair Grove has limited inventory creating opportunity for well-positioned properties, while ensuring compliance with Christian County regulations and Fair Grove city ordinances. Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Springfield-area realtors, while partnering with property management companies like Ozark Mountain Property Management or Red Door Property Management who understand the Springfield metro STR market dynamics and seasonal tourism patterns driven by outdoor recreation and university events.
To obtain an Airbnb/STR permit in Fair Grove, Missouri, contact the Fair Grove City Hall at 417-759-2233 or visit their office at 301 S Main Street to inquire about short-term rental licensing requirements, as this small city may have recently implemented or be considering STR regulations. You'll likely need to submit a completed business license application, provide proof of property ownership or lease agreement, submit a site plan or floor plan of the rental property, obtain liability insurance documentation (typically $1 million minimum), pass a safety inspection covering smoke detectors, carbon monoxide detectors, and fire extinguishers, and pay application fees estimated between $100-300 annually. Required documents typically include a valid Missouri driver's license, property deed or lease, tax identification number, emergency contact information for guests, and parking plan compliance. The approval timeline is generally 30-45 days after submitting a complete application, though Fair Grove may require additional steps such as neighbor notification, zoning compliance verification, and adherence to occupancy limits based on property size. Since Fair Grove is a smaller municipality, regulations may be less complex than larger cities, but you must also ensure compliance with Greene County health department requirements and Missouri state tax registration for short-term rentals.
Short-term rentals (STRs) are generally legal in Fair Grove, Missouri, as the city does not appear to have specific municipal ordinances prohibiting or heavily regulating vacation rentals as of 2024. Fair Grove, a small city in Greene County with approximately 1,500 residents, operates under Missouri state law which does not prohibit STRs at the state level, leaving regulation primarily to local municipalities. The city likely requires STR operators to obtain standard business licenses and comply with basic zoning requirements, with most residential properties in Fair Grove's single-family zones potentially eligible for short-term rental use. There are no known prohibited areas specifically for STRs within Fair Grove's city limits, though operators must comply with standard occupancy limits, parking requirements, and noise ordinances that apply to all residential properties. Recent legal changes have been minimal, as Fair Grove has not enacted the comprehensive STR regulations seen in larger Missouri cities like Branson or Kansas City, maintaining a relatively permissive environment for vacation rental operators while focusing on basic compliance with existing residential property standards and business licensing requirements.
The best areas for Airbnb investment in Fair Grove, Missouri include the downtown historic district near the town square, which attracts visitors interested in small-town charm and antique shopping, and properties along Highway 125 that provide easy access for business travelers visiting nearby Springfield (approximately 20 miles away) who prefer quieter accommodations. The residential areas near Fair Grove High School and community center offer family-friendly stays for visitors attending local events, sports tournaments, and family gatherings. Properties within walking distance of Wilson's Creek National Battlefield (about 15 miles south) capitalize on Civil War history tourism, while homes near the James River access points attract fishing enthusiasts and outdoor recreation visitors year-round. The area benefits from overflow demand from Springfield's medical district, including visitors to Mercy Hospital and CoxHealth systems, as well as Missouri State University events, making Fair Grove an attractive alternative to urban accommodations with lower property acquisition costs and higher profit margins due to limited local competition.
Fair Grove, Missouri does not currently impose specific lodging or occupancy taxes on Airbnb rentals as of 2024. The city relies primarily on standard sales tax collection, with Missouri's state sales tax rate of 4.225% plus Greene County's local sales tax bringing the combined rate to approximately 7.725% on applicable services. Airbnb automatically collects and remits Missouri state sales tax on behalf of hosts through their platform since 2019, but hosts remain responsible for any additional local taxes that may apply. Property owners must register with the Missouri Department of Revenue if they exceed $12,000 in annual rental income and may need to collect sales tax directly if not covered by Airbnb's automatic collection. There are no specific exemptions for short-term rentals, though stays exceeding 31 consecutive days may be exempt from sales tax as they're considered long-term leases rather than transient lodging. Hosts should verify current requirements with Greene County and the Missouri Department of Revenue, as local jurisdictions can implement new lodging taxes with proper ordinances.
The total cost to start an Airbnb in Fair Grove, Missouri is approximately $185,000-$220,000. Property purchase costs around $150,000-$180,000 based on median home prices in the area. Furnishing a 2-3 bedroom property requires $8,000-$12,000 for beds, linens, kitchen essentials, living room furniture, and décor. Initial setup costs including professional photography, listing creation, and basic renovations total $2,000-$4,000. Permits and fees including business license, short-term rental permit, and tax registration cost $300-$800. Insurance for short-term rental coverage runs $1,200-$2,000 annually. Utility deposits and connections for electricity, water, gas, internet, and cable cost $500-$800. First six months operating costs including utilities ($600/month), cleaning supplies ($100/month), maintenance reserves ($200/month), property management software ($50/month), and marketing ($100/month) total approximately $6,300. Additional considerations include potential HOA fees, property taxes, and a cash reserve for unexpected repairs or vacancy periods.
Airbnb properties in Fair Grove, Missouri typically generate annual revenues between $15,000-$35,000 for whole-home listings, with average daily rates ranging from $75-$120 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($25-$40 per turnover), utilities ($150-$250 monthly), property management (10-20% of revenue), insurance ($800-$1,200 annually), and maintenance costs ($2,000-$4,000 yearly). Net profit margins typically range from 15-25% for well-managed properties, with successful hosts in the Springfield metro area (which includes Fair Grove) reporting annual profits of $8,000-$15,000 on properties valued at $150,000-$250,000. Success factors include proximity to Wilson's Creek National Battlefield (20 minutes away), competitive pricing during peak seasons like fall foliage and Civil War reenactment events, professional photography, and maintaining 4.8+ star ratings. Properties with unique features like rural settings, fire pits, or hot tubs command premium rates, with some hosts near Stockton Lake and Table Rock Lake areas achieving 70-80% occupancy rates during summer months. The market benefits from Springfield's growing tourism sector and limited hotel options in Fair Grove itself, though seasonality significantly impacts winter bookings, requiring hosts to adjust pricing strategies and potentially target longer-term stays during slower periods.
Based on Fair Grove, Missouri market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property type and location within the area. Properties near Table Rock Lake and Branson attractions (approximately 30 miles away) tend to perform better, with investors like those working with companies such as RedAwning and Vacasa reporting higher occupancy rates of 60-75% during peak seasons. Initial profitability usually occurs within 18-24 months for well-positioned properties, with average daily rates of $85-120 for 2-3 bedroom homes. The market has shown steady growth since 2019, with investors purchasing properties in the $150,000-250,000 range and generating monthly revenues of $1,200-2,200 after accounting for cleaning fees, maintenance, and platform commissions, resulting in net annual returns that often exceed traditional rental properties by 2-4 percentage points.
STRSearch is a national platform that specializes in identifying profitable short-term rental investment properties and provides market analysis for Airbnb investments in Fair Grove, Missouri. Local real estate agents in the Springfield-Fair Grove area who work with investors include Realty Executives Springfield, Murney Associates Realtors, and RE/MAX Integrity, with agents like those at Keller Williams who often assist with investment property acquisitions. National services include Awning (formerly RedAwning) which offers full-service Airbnb property management and investment guidance, Mashvisor for rental property analytics and market data, AirDNA for short-term rental market insights, and Roofstock which focuses on single-family rental investments that can be converted to Airbnb properties. Additional local services include Ozarks Property Management for ongoing STR management, and regional investment groups like Missouri Real Estate Investors Association chapters that provide networking and deal flow opportunities in the Fair Grove and greater Greene County market.
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