Is Salina, Kansas Good for Airbnb Investment?

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Salina, Kansas market research

Salina, Kansas Airbnb Investment Overview

$800–$1,800Typical monthly host earnings
8–12%Typical annual ROI
45–55%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Salina, Kansas?

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

  • Presents a unique opportunity, largely influenced by its regional position and local economic drivers.
  • While not a major tourism hub like larger cities, Salina benefits from being a central Kansas city with a steady flow of visitors for business, agriculture-related events, local sports tournaments.
  • Current market conditions in Salina indicate a relatively stable and affordable real estate market compared to national averages, making initial investment costs more manageable.
  • Property values have seen consistent, albeit modest, appreciation, which can contribute to long-term gains.
  • The investment potential for Airbnb in Salina relies on identifying niche markets, such as offering comfortable stays for temporary workers, traveling nurses.
  • Strategic pricing and effective marketing to these specific demographics can lead to favorable occupancy rates and a steady rental income.
Earnings

How Much Does an Average Airbnb Earn in Salina?

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

  • Based on available market data and regional analysis, Airbnb hosts in Salina, Kansas typically earn between $800 to $1,800 per month.
  • Seasonal variations show peak earnings during summer months when Kansas State University events and local festivals drive demand.
  • Winter months typically see a 15-20% decrease in bookings and rates.
  • Key factors affecting earnings include proximity to Kansas State University campus (properties within 5 miles command 20-30% higher rates), property size and amenities.
  • The relatively low cost of living in Salina allows for competitive pricing while maintaining healthy profit margins.
  • Occupancy rates typically range from 45-65% annually, with successful hosts achieving higher occupancy through strategic pricing and superior guest experiences.
ROI Analysis

Airbnb Return on Investment in Salina

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

  • Typically generate ROI between 8-12% annually, with payback periods averaging 7-10 years depending on property acquisition costs and renovation expenses.
  • The average daily rate for Airbnb properties in Salina ranges from $75-$110, with occupancy rates around 45-60% due to the city's position as a regional hub and proximity to Kansas Wesleyan University.
  • Compared to traditional long-term rentals in Salina that yield approximately 6-8% ROI with monthly rents averaging $800-$1,200 for similar properties.
  • The Salina market benefits from steady demand from business travelers, university visitors, and travelers along Interstate 70, though seasonal fluctuations and competition from the limited hotel inventory of approximately 15-20 properties create both opportunities and challenges for consistent occupancy throughout the year.
Occupancy Rate

Average Airbnb Occupancy Rate in Salina

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

  • Airbnb occupancy rates in Salina, Kansas typically average around 45-55% annually, with peak seasons occurring during summer months (June-August) when rates can reach 65-70% due to increased tourism and family travel.
  • Spring and fall maintain moderate occupancy levels of approximately 50-60%.
  • Salina's occupancy rates generally align closely with Kansas state averages of 50-55% but fall slightly below national Airbnb averages of 60-65%.
  • The city experiences modest seasonal fluctuations with summer being the strongest performing period, driven by outdoor activities, local events.
Best Neighborhoods

Best Neighborhoods for Airbnb in Salina

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

  • The downtown Salina area near Santa Fe Avenue offers the strongest Airbnb potential due to its proximity to the Smoky Hill Museum, Stiefel Theatre, and numerous restaurants.
  • The Kenwood Park neighborhood provides excellent investment opportunities with its mix of historic homes and proximity to Kansas Wesleyan University.
  • The South Salina residential area near Salina South High School and shopping centers appeals to sports families and longer-term visitors seeking affordable.
  • The Oak Street corridor neighborhood benefits from its central location between downtown attractions and major retailers.
  • The Country Club area near Salina Country Club attracts higher-end guests willing to pay premium rates for upscale accommodations, particularly during golf season and special events.
  • The Industrial Avenue district serves business travelers and contractors working at nearby facilities, providing consistent occupancy with corporate-friendly pricing structures.
Regulations

Short-term Rental Regulations in Salina

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

  • Salina, Kansas currently requires short-term rental operators to obtain a business license and register their properties with the city.
  • Occupancy limits are generally set at two persons per bedroom plus two additional guests, with a maximum of 12 occupants total regardless of property size.
  • The city does not mandate owner-occupancy requirements, allowing both hosted and non-hosted rentals, but properties must comply with residential zoning regulations which restrict rentals primarily to R-1 and R-2 residential districts while prohibiting them in certain historic or conservation overlay zones.
  • The registration process involves submitting an application with property details, proof of insurance, emergency contact information.
  • Recent regulatory changes implemented around 2022-2023 have included stricter noise ordinances, mandatory posting of house rules, requirements for 24-hour local contact availability.
Fees and Taxes

Short-term Rental Fees and Taxes in Salina

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

  • Short-term rentals in Salina, Kansas are subject to several fees and taxes including the state transient guest tax of 6% on gross receipts.
  • Property owners must obtain a business license from the City of Salina costing approximately $25-50 annually.
  • Additional costs include potential zoning permits ranging from $50-150, fire safety inspections at $75-125 per visit.
  • Some areas may require special use permits costing $200-500 depending on the property type and location.
Common questions

Salina, Kansas Airbnb investment FAQs

How to start an Airbnb in Salina, Kansas?

To start an Airbnb in Salina, Kansas, begin by researching local regulations through the Salina Planning and Development Department, as the city requires short term rental operators to obtain a conditional use permit and business license, with properties needing to meet specific zoning requirements and safety standards including smoke detectors.

Launch checklist

  • Contact Salina City Hall at 300 W Ash Street to apply for the necessary permits, which typically cost around $100 to 200 and require a site inspection.
  • Find a suitable property in residential zones that allow short term rentals, focusing on areas near Kansas State University Polytechnic Campus or downtown Salina for higher demand, with average property prices ranging from $80,000 to 150,000 for a 2 to 3 bedroom home.
  • Furnish the property with essential amenities including comfortable beds, linens, towels, kitchen supplies, WiFi, and local guidebooks, budgeting approximately $5,000 to 10,000 for complete furnishing.
  • Create your Airbnb listing with professional photos highlighting unique features, set competitive rates based on local market research (typically $60 to 120 per night in Salina).
  • Manage your property by establishing check in procedures, maintaining cleanliness standards, responding promptly to guest inquiries, and considering hiring local cleaning services or property management companies if needed.
What's the best way to identify good STR properties in Salina, Kansas?

To identify profitable short term rental properties in Salina, Kansas, focus on locations near Kansas State University Polytechnic Campus, downtown historic district, and proximity to major employers like Tony's Pizza and Great Plains Manufacturing.

What to prioritize

  • Target 2 to 4 bedroom single family homes or duplexes built after 1980 with updated kitchens, reliable HVAC systems, and parking availability, as these appeal to business travelers and visiting families.
  • Conduct pricing analysis using AirDNA and Mashvisor to benchmark against the local market, which typically sees rates between $75 to 150 per night depending on property size and amenities.
  • Research competition through Airbnb and VRBO searches within 5 mile radius, noting occupancy patterns and guest reviews to identify service gaps.
  • Utilize tools like Rabbu for market analysis, connect with Salina Area Chamber of Commerce for local insights, monitor Kansas Wesleyan University and K State Polytechnic event calendars for demand drivers.
  • Consider properties near Salina Regional Health Center and Schilling Air Force Base heritage sites, as medical tourism and military related visits provide consistent demand streams in this central Kansas market.
How to get an Airbnb permit in Salina, Kansas?

To obtain an Airbnb/STR permit in Salina, Kansas, contact the Salina Planning and Development Department at City Hall located at 300 W Ash Street or call (785) 309 to 5765 to begin the application process.

Documents and approvals

  • You'll need to submit a completed short term rental permit application, provide proof of property ownership or lease agreement with landlord consent, submit a site plan showing the property layout, provide proof of liability insurance (typically $1 million minimum).
  • Required documents include a valid Kansas driver's license or state ID, property tax records, utility bills, and photographs of all rooms and exits.
  • The application fee is approximately $150 to 200 with an additional $75 to 100 for the required fire inspection.
  • The timeline typically takes 4 to 6 weeks from application submission to permit approval, including scheduling and completing the fire inspection.
  • Salina requires STR properties to maintain a guest registry, post emergency contact information visibly, limit occupancy to 2 people per bedroom plus 2 additional guests, provide adequate parking (typically 1 space per bedroom).
  • Annual permit renewal is required with a reduced fee of approximately $75 to 100.
Is it legal to operate a short-term rental in Salina, Kansas?

Short term rentals (STRs) are generally legal in Salina, Kansas, as the city has not implemented a comprehensive ban on such accommodations.

Core operating requirements

  • However, STR operators must comply with standard zoning regulations and business licensing requirements established by the City of Salina.
  • Properties used as short term rentals typically need to obtain proper business licenses and may be subject to occupancy limits, parking requirements, and noise ordinances that apply to all residential properties.
  • The city requires STR operators to collect and remit applicable taxes, including transient guest taxes.
  • While there are no specific prohibited areas designated solely for STR restrictions, operators must ensure their properties comply with existing residential zoning laws, which may limit commercial activities in certain neighborhoods.
  • Salina has not enacted recent major legislative changes specifically targeting short term rentals, and property owners should verify current zoning compliance and business licensing requirements with the city's planning and development department.
What are the best places to invest in Airbnb in Salina, Kansas?

The best areas for Airbnb investment in Salina, Kansas include the downtown historic district near Santa Fe Avenue and Iron Avenue, which attracts visitors to the Smoky Hill Museum, Stiefel Theatre, and various cultural events throughout the year.

Areas to research

  • The area around Kansas Wesleyan University on East Claflin Avenue offers strong potential for parent visits, graduation events, and academic conferences.
  • The neighborhoods near Salina Regional Health Center and Salina Family Healthcare Center on Crawford Street provide opportunities for medical tourism and extended stay patients and families.
  • The industrial corridor along Interstate 70 and Highway 81 intersection serves business travelers visiting companies like Tony's Pizza Service, Great Plains Manufacturing, and Schwan's Company.
  • Additionally, properties near Kenwood Cove Aquatic Park and the Rolling Hills Zoo area attract families during summer months and special events.
Airbnb and lodging taxes in Salina, Kansas

In Salina, Kansas, Airbnb properties are subject to both state and local lodging taxes.

Taxes and filing responsibilities

  • The Kansas state transient guest tax is 6% on gross receipts from lodging rentals under 28 consecutive days, which applies to short term rentals like Airbnbs.
  • Additionally, Salina imposes a local transient guest tax of 2%, bringing the total lodging tax rate to approximately 8%.
  • These taxes are typically collected by the host at the time of booking or check in and must be remitted to the Kansas Department of Revenue monthly if collections exceed $400 per month, or quarterly if less.
  • Hosts must register for a Kansas tax account and file returns even if no tax is collected during a reporting period.
  • The city of Salina may also require separate registration and remittance for the local portion of the tax.
  • Exemptions generally include stays of 28 days or longer, which are considered long term rentals in preference to transient accommodations, and rentals to certain government employees on official business.
  • Airbnb may collect and remit these taxes on behalf of hosts in some cases, but hosts remain ultimately responsible for compliance and should verify that taxes are being properly handled.
Total cost to purchase, furnish and operate an Airbnb in Salina, Kansas

Starting an Airbnb in Salina, Kansas requires approximately $180,000 to 220,000 in total initial investment.

Cost breakdown

  • Property purchase costs around $140,000 to 160,000 based on median home prices in Salina as of 2023.
  • Furnishing a 2 to 3 bedroom property typically runs $15,000 to 25,000 including beds, linens, kitchen essentials, living room furniture, and decor from retailers like IKEA, Wayfair, and local furniture stores.
  • Initial setup costs including professional photography, listing creation, and basic renovations total $3,000 to 5,000.
  • Permits and fees vary but expect $500 to 1,500 for business licenses, short term rental permits, and city compliance requirements.
  • Insurance including landlord coverage and short term rental protection costs $2,000 to 3,000 annually.
  • Utility deposits and connections for electricity, gas, water, internet, and cable run $800 to 1,200.
  • First six months operating costs including utilities ($600/month), cleaning services ($100 to 150 per turnover), supplies and maintenance ($200/month), platform fees to Airbnb and VRBO (3% of bookings).
Are Airbnb properties in Salina, Kansas profitable?

Airbnb properties in Salina, Kansas typically generate modest returns with average daily rates ranging from $65 to 85 for entire homes and $35 to 50 for private rooms, resulting in monthly revenues of $800 to 1,500 for well managed properties with 50 to 70% occupancy rates. Operating expenses including cleaning fees ($25 to 40 per turnover), utilities ($80 to 120 monthly), property management (15 to 25% of revenue), insurance ($100 to 150 monthly), and maintenance costs typically consume 40 to 60% of gross revenue, leaving net profit margins between 15 to 35% for successful operators.

Profitability indicators

  • Properties near Kansas State University extension programs, downtown business district, or along I 70 corridor perform better.
  • Success factors include competitive pricing below $80/night, professional photography, quick response times, and targeting business travelers and family visitors, though the market remains limited compared to larger Kansas cities.
What is the expected return on investment for an Airbnb in Salina, Kansas?

Airbnb investments in Salina, Kansas typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10% based on current market conditions. Properties in Salina, with median home prices around $120,000 to $180,000, can achieve average daily rates of $65 to $85 and occupancy rates of 45 to 60% annually, driven by business travelers visiting local companies like Tony's Pizza and Schwan's.

Return planning figures

  • Initial investment requirements including down payment, furnishing, and setup costs typically range from $30,000 to $50,000 for a standard 2 to 3 bedroom property, with most investors reaching profitability within 18 to 24 months after accounting for mortgage payments, utilities, cleaning fees.
  • The relatively stable rental market in Salina, combined with lower property acquisition costs compared to major metropolitan areas, creates favorable conditions for achieving positive cash flow within the first year of operation.
What company can help me find and buy a profitable Airbnb in Salina, Kansas?

STRSearch is a national platform that helps investors identify profitable short term rental properties across markets including Salina, Kansas.

Companies and resources

  • In the Salina area, local real estate agents like those at Coldwell Banker Antrim Piper Wenger and RE/MAX Associates often work with investors seeking rental properties.
  • National services include AirDNA for market analysis, Mashvisor for property analytics, and BiggerPockets for investor networking and deal sourcing.
  • Local property management companies such as Salina Property Management and Kansas Property Solutions can provide insights into rental markets and may help identify investment opportunities.
  • National investment focused platforms like Roofstock, HomeUnion, and Awning specialize in turnkey rental properties, though their Salina inventory may be limited.
  • Local commercial real estate firms and investment groups in the Salina McPherson County area, along with regional Kansas real estate investment associations, often have connections to off market properties suitable for short term rental conversion.

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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
Expert Network
Limited or no partner access
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