Is Rome, Georgia Good for Airbnb Investment?

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Rome, Georgia market research

Rome, Georgia Airbnb Investment Overview

$800–$1,500Typical monthly host earnings
8–12%Typical annual ROI
55–60%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Rome, Georgia?

Potentially—Rome, Georgia combines visitor demand with long-term real estate upside.

  • Presents a potentially favorable opportunity due to its steady local tourism and affordable property values compared to larger metropolitan areas.
  • While Rome may not experience the same volume of international tourism as its Italian namesake, it benefits from strong regional visitation driven by its historic sites, educational institutions like Berry College.
  • Current market conditions show a stable real estate landscape with accessible property prices, which can translate to attractive initial investment costs for prospective Airbnb hosts.
  • The investment potential is primarily in capturing demand from short-term visitors attending local events, visiting students and faculty, or exploring North Georgia's natural beauty, offering a consistent.
Earnings

How Much Does an Average Airbnb Earn in Rome?

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

  • Based on available market data and rental analytics, Airbnb hosts in Rome, Georgia typically earn between $800-$1,500 per month.
  • Seasonal variations show peak earnings during spring and fall months when tourism increases by approximately 25-30%, particularly during local festivals and college events.
  • Properties near downtown Rome, Broad Street, or within walking distance of Berry College command premium rates of $80-$120 per night, while suburban locations average $55-$85 nightly.
  • Key factors affecting earnings include proximity to Berry College and Shorter University (which drives consistent demand), property size and amenities, professional photography and listing optimization.
  • Occupancy rates typically range from 45-65% annually, with well-managed properties achieving higher occupancy through competitive pricing strategies and maintaining superhost status.
ROI Analysis

Airbnb Return on Investment in Rome

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

  • 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 generally ranges from 7-10 years, depending on property acquisition costs which average $150,000-250,000 for suitable rental properties in desirable neighborhoods near Berry College and downtown areas.
  • Compared to traditional long-term rentals in Rome that yield approximately 6-8% ROI with monthly rents of $800-1,200, short-term rentals can outperform by 2-4 percentage points but require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions that typically consume 25-35% of gross revenue.
  • The Rome market benefits from steady demand driven by Berry College visitors, business travelers, and tourists exploring the historic downtown.
Occupancy Rate

Average Airbnb Occupancy Rate in Rome

Rome, Georgia averages 55–60% annual occupancy, with seasonal variation.

  • Airbnb occupancy rates in Rome, Georgia typically average around 55-60% annually, with significant seasonal variations that peak during spring and fall months at approximately 70-75% due to favorable weather and local events, while summer months see moderate occupancy around 60-65% and winter drops to 45-50%.
  • Peak seasons generally occur from March through May and September through November, coinciding with pleasant temperatures and regional festivals.
  • Rome's occupancy rates tend to run slightly below Georgia's state average of approximately 62-65% and notably below national Airbnb averages of 68-72%.
Best Neighborhoods

Best Neighborhoods for Airbnb in Rome

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

  • The downtown Rome historic district offers excellent Airbnb potential due to its walkability to restaurants, shops, and cultural attractions.
  • The Broad Street corridor provides strong investment opportunities with its proximity to the Rome Clock Tower, antique shops, and easy access to both downtown amenities and major highways.
  • The East Rome residential area near the medical district presents solid rental potential given its proximity to hospitals and medical facilities.
  • The Berry College vicinity stands out as a prime location due to consistent demand from visiting families, prospective students, and event attendees.
  • The Riverside area along the Coosa River offers unique appeal for nature-loving guests seeking waterfront or water-view properties.
  • The North Rome suburbs provide family-friendly options that attract longer-stay guests and relocating professionals.
  • The West Rome neighborhoods near shopping centers and restaurants offer convenient locations for business travelers and families.
Regulations

Short-term Rental Regulations in Rome

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

  • Short-term rental operations in Rome, Georgia require a business license and must comply with the city's zoning ordinances.
  • Properties must adhere to occupancy limits based on bedroom count and square footage, typically allowing 2 guests per bedroom plus 2 additional guests.
  • Owner-occupancy requirements vary by zoning district, with some areas requiring the owner to reside on-site during rentals while others allow non-owner-occupied operations with proper permits.
  • The registration process involves obtaining a business license from the city clerk's office, providing proof of insurance, passing safety inspections.
  • Recent regulatory changes have included stricter enforcement of noise ordinances, requirements for 24-hour contact information to be provided to neighbors.
  • The city has also implemented a complaint tracking system and requires annual renewals with updated documentation.
Fees and Taxes

Short-term Rental Fees and Taxes in Rome

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

  • Short-term rentals in Rome, Georgia are subject to several fees and taxes including a 13% total accommodation tax rate comprised of 8% state sales tax, 4% local hotel/motel tax.
  • Property owners must pay an annual business license fee of approximately $50-75 and register with the Georgia Department of Revenue at no cost.
  • Additional costs include a one-time zoning compliance verification fee of around $100, potential homeowners association fees if applicable, and quarterly tax remittance requirements.
  • Properties may also be subject to a $200-300 annual inspection fee and must maintain general liability insurance costing approximately $300-500 annually.
Common questions

Rome, Georgia Airbnb investment FAQs

How to start an Airbnb in Rome, Georgia?

To start an Airbnb in Rome, Georgia, begin by researching local zoning laws and regulations through the Rome Floyd County Planning Department, as short term rentals may require special permits or be restricted in certain residential zones.

Launch checklist

  • Contact the City of Rome's business license department to obtain necessary permits, which typically include a business license and may require a short term rental permit depending on current ordinances enacted around 2019 to 2020.
  • Find a suitable property by working with local real estate agents familiar with Rome's neighborhoods like Downtown, East Rome, or areas near Berry College, ensuring the property meets safety requirements including smoke detectors, carbon monoxide detectors.
  • Furnish the space with quality furniture from local stores like Ashley HomeStore or online retailers, focusing on comfort and durability while incorporating Southern charm that appeals to visitors exploring Rome's historic attractions.
  • Create your Airbnb listing with professional photos highlighting proximity to popular destinations like the Rome Area History Museum, Chiaha Harvest Fair grounds, or Berry College's campus.
  • Manage your property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating with local cleaning services like Merry Maids Rome, and maintaining compliance with Georgia's hotel/motel tax requirements through the Georgia Department of Revenue.
What's the best way to identify good STR properties in Rome, Georgia?

To identify profitable short term rental properties in Rome, Georgia, focus on locations within 2 to 3 miles of Berry College campus, downtown Rome's historic district near Broad Street, and areas close to the Coosa River for scenic appeal.

What to prioritize

  • Target 2 to 4 bedroom properties built after 1990 with modern amenities, full kitchens, dedicated parking, and outdoor spaces like patios or decks that appeal to visiting families and Berry College parents.
  • Conduct pricing analysis by monitoring Airbnb and VRBO rates during peak periods including Berry College events, graduation weekends, and fall football season, with typical nightly rates ranging $80 to 150 depending on size and location.
  • Research competition by analyzing occupancy rates and guest reviews of existing STRs within a 5 mile radius, noting that Rome has moderate competition compared to larger Georgia markets.
  • Utilize AirDNA for market analytics, STR Helper for revenue projections, and local resources like the Rome Floyd County Development Authority website for tourism data, while monitoring Berry College's academic calendar and local event schedules through the Rome Convention &.
How to get an Airbnb permit in Rome, Georgia?

To obtain an Airbnb/STR permit in Rome, Georgia, you must first contact the Rome Floyd County Planning Department at 706 to 236 4473 or visit their office at 12 E 4th Avenue to determine if short term rentals are permitted in your specific zoning district, as the city requires compliance with local zoning ordinances. You'll need to submit an application for a business license through the City of Rome Revenue Department, providing 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 spaces.

Documents and approvals

  • The application fee is approximately $75 to 150 annually, plus a $25 processing fee, and you must also obtain a Floyd County health department inspection for properties with more than 4 units, costing around $100.
  • The approval timeline typically takes 2 to 4 weeks after submitting complete documentation, and Rome requires that all STR properties maintain current fire safety equipment, provide emergency contact information to neighbors, limit occupancy to 2 people per bedroom plus 2 additional guests.
Is it legal to operate a short-term rental in Rome, Georgia?

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

Core operating requirements

  • Rome requires STR operators to obtain a business license and comply with zoning restrictions that generally limit short term rentals to commercially zoned areas and certain residential districts, while prohibiting them in some single family residential neighborhoods.
  • The city implemented these regulations around 2019 to 2020 to balance tourism benefits with neighborhood preservation concerns.
  • Current restrictions include occupancy limits, parking requirements, noise ordinances, and mandatory registration with the city, along with regular inspections for safety compliance.
  • Property owners must also collect and remit local hotel/motel taxes on STR bookings.
  • Recent changes have focused on strengthening enforcement mechanisms and clarifying zoning boundaries where STRs are permitted.
What are the best places to invest in Airbnb in Rome, Georgia?

The best Airbnb investment areas in Rome, Georgia include the downtown historic district near Broad Street, which attracts tourists visiting the Rome Area History Museum and attending events at the Forum Civic Center.

Areas to research

  • The Riverside area near the Coosa and Etowah rivers offers scenic appeal for leisure travelers and proximity to outdoor activities at Ridge Ferry Park and Heritage Park.
  • The Berry College vicinity is highly attractive due to consistent demand from visiting families, prospective students, and event attendees at this prestigious liberal arts institution with over 2,000 students.
  • The West Rome area near Turner McCall Boulevard provides good accessibility to major employers like Redmond Regional Medical Center and Floyd Medical Center, generating steady business travel demand.
  • Additionally, properties near the Rome Floyd County Airport and Highway 411 corridor capture travelers attending events at the Northwest Georgia Trade and Convention Center and those exploring the broader Appalachian region.
Airbnb and lodging taxes in Rome, Georgia

In Rome, Georgia, Airbnb properties are subject to both state and local lodging taxes.

Taxes and filing responsibilities

  • The Georgia state hotel/motel tax is 5% of the rental amount, while Floyd County imposes an additional 5% hotel/motel excise tax, bringing the total lodging tax to 10%.
  • These taxes apply to rentals of less than 30 consecutive days and are typically collected by Airbnb directly from guests at the time of booking for participating hosts.
  • Hosts who are not part of Airbnb's automatic collection program must register with the Georgia Department of Revenue and Floyd County tax commissioner, collect taxes from guests, and remit payments monthly by the 20th of the following month.
  • Exemptions may apply to rentals exceeding 30 consecutive days, certain government employees on official business, and guests with valid exemption certificates, though hosts should verify current exemption criteria with local tax authorities as regulations can change.
Total cost to purchase, furnish and operate an Airbnb in Rome, Georgia

The total cost to start an Airbnb in Rome, Georgia is approximately $185,000 to $220,000.

Cost breakdown

  • Property purchase costs around $150,000 based on the median home price in Floyd County.
  • Furnishing a 2 to 3 bedroom property requires $8,000 to $12,000 for quality furniture, bedding, kitchen essentials, and decor from retailers like IKEA, Wayfair, and local stores.
  • Initial setup including professional photography, listing creation, and basic renovations costs $2,000 to $3,000.
  • Permits and fees total approximately $500 to $800, including business license ($50 to $100), short term rental permit if required ($200 to $400), and tax registration ($50 to $100).
  • Insurance including landlord and short term rental coverage costs $1,200 to $1,800 annually.
  • Utilities setup and deposits for electricity, water, gas, internet, and cable total $300 to $500.
  • First six months operating costs including utilities ($900), cleaning supplies and services ($600), maintenance reserves ($1,000), property management software ($300), and marketing ($500) total approximately $3,300.
  • Additional working capital of $15,000 to $20,000 is recommended for unexpected expenses, vacancy periods, and property improvements during the initial phase.
Are Airbnb properties in Rome, Georgia profitable?

Airbnb properties in Rome, Georgia typically generate annual revenues between $15,000 to $35,000 for entire homes, with average daily rates ranging from $75 to $120 depending on property size and location proximity to downtown or Shorter University.

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 ($800 to 1,200 annually).
  • Properties near the Coosa River or historic downtown Rome command premium rates and achieve 60 to 70% occupancy rates, resulting in net profit margins of 25 to 35% for well managed properties.
  • Success factors include strategic location within 10 minutes of major attractions, professional photography, competitive pricing during Shorter University events and Berry College activities.
  • A typical 3 bedroom home purchased for $180,000 and generating $28,000 annually with $15,000 in expenses would yield approximately 7.2% cash on cash return.
What is the expected return on investment for an Airbnb in Rome, Georgia?

Airbnb investments in Rome, Georgia typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10% depending on property location and management efficiency.

Return planning figures

  • Properties near downtown Rome or close to Berry College tend to perform better, with average daily rates of $85 to 120 and occupancy rates of 65 to 75% annually.
  • Initial profitability usually occurs within 12 to 18 months after accounting for setup costs, furnishing, and marketing expenses.
  • The Rome market benefits from steady demand from Berry College visitors, business travelers to local companies like Redmond Regional Medical Center, and tourists exploring the Coosa River area.
  • Investment properties in the $150,000 to 250,000 range typically generate $1,200 to 2,000 monthly gross revenue, with net profits of $600 to 1,200 after expenses including cleaning, utilities, insurance, and platform fees.
What company can help me find and buy a profitable Airbnb in Rome, Georgia?

STRSearch is a national platform that specializes in identifying profitable short term rental properties for investors in Rome, Georgia and surrounding areas.

Companies and resources

  • Local real estate agents like Keller Williams Rome and Coldwell Banker Rome have agents experienced in investment properties who understand the Airbnb market dynamics in Floyd County.
  • National services include BiggerPockets for networking and deal analysis, Mashvisor for market analytics and property evaluation, and AirDNA for short term rental data and performance metrics.
  • Rome specific services may include local property management companies like Rome Property Management Group and investment focused realtors at RE/MAX Rome who have worked with Airbnb investors since around 2018.
  • Additional national platforms like Roofstock, which expanded into short term rental investments around 2020, and local mortgage brokers familiar with investment property financing can also assist investors in identifying cash flowing Airbnb opportunities in Rome's tourist areas near Berry College and downtown historic districts.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
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Limited or no partner access
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