Is Summerville, South Carolina Good for Airbnb Investment?

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Summerville, South Carolina Airbnb Investment Overview

Is Airbnb a Good Investment in Summerville, South Carolina?

Investing in Airbnb properties in Summerville, South Carolina, presents a promising opportunity, driven by the town's charming appeal, consistent population growth, and proximity to Charleston's robust tourism market. Current market conditions in Summerville indicate a steady demand for short-term rentals, fueled by visitors attracted to its historic downtown, Azalea Park, and various local festivals, as well as those seeking more affordable and spacious accommodations compared to downtown Charleston. Property values in Summerville have seen consistent appreciation, reflecting its growing popularity as a residential and tourist destination, which enhances the long-term investment potential. The investment outlook is further bolstered by ongoing commercial development and its appeal to families and leisure travelers, making it an attractive option for short-term rental profitability.

How Much Does an Average Airbnb Earn in Summerville?

Based on available market data and rental analytics, Airbnb hosts in Summerville, South Carolina typically earn between $1,200 to $2,800 per month, with average monthly revenues around $1,800 for a standard 2-3 bedroom property. Seasonal variations show peak earnings during spring and fall months when Charleston tourism is highest, with revenues potentially increasing 25-40% above average during March through May and September through November, while summer months may see slightly lower occupancy due to heat and humidity. Winter months typically represent the lowest earning period with revenues dropping 15-30% below annual averages. Key factors affecting earnings include proximity to downtown Charleston (properties within 20 miles command premium rates), property size and amenities, with entire homes significantly outperforming private rooms, and the presence of features like pools, historic charm, or unique architectural elements. The market benefits from Summerville's position as a more affordable alternative to Charleston proper while still offering easy access to major attractions, though hosts must compete with the broader Charleston metropolitan area's extensive short-term rental inventory. Revenue per available night typically ranges from $85 to $150 depending on property type and season, with occupancy rates averaging 60-75% for well-managed properties.

Airbnb Return on Investment in Summerville

Airbnb investments in Summerville, South Carolina typically generate ROI between 8-14% annually, with higher-end properties near historic downtown and Lake Moultrie achieving returns closer to 12-16%. The average payback period ranges from 7-10 years depending on initial investment and property management efficiency. Properties averaging $150-250 per night with 65-75% occupancy rates generally outperform traditional long-term rentals by 3-5 percentage points, as long-term rentals in Summerville typically yield 5-8% ROI with average monthly rents of $1,200-1,800 for comparable properties. The Summerville market benefits from proximity to Charleston tourism, military housing demand from nearby bases, and seasonal lake recreation visitors, though investors face higher turnover costs, cleaning expenses averaging $75-100 per turnover, and potential HOA restrictions in newer developments that can impact overall profitability.

Average Airbnb Occupancy Rate in Summerville

Airbnb occupancy rates in Summerville, South Carolina typically average around 65-70% annually, with significant seasonal variations that peak during spring (March-May) at approximately 75-80% occupancy when visitors come for the mild weather and blooming azaleas, and summer months (June-August) reaching 70-75% due to proximity to Charleston's tourist season. Fall months (September-November) maintain moderate occupancy around 60-65%, while winter (December-February) drops to the lowest levels at 45-55% occupancy. Peak seasons align with Charleston's tourism patterns, benefiting from overflow visitors seeking more affordable accommodations outside the historic city center, particularly during major events like Charleston Wine & Food Festival and Spoleto Festival. Summerville's occupancy rates generally track 5-10 percentage points below South Carolina's statewide Airbnb average of 70-75% and fall slightly under the national average of 72-76%, primarily due to its position as a secondary market dependent on Charleston's tourism draw rather than being a primary destination itself, though its rates remain competitive within the Charleston metropolitan area market.

Best Neighborhoods for Airbnb in Summerville

The best Airbnb investment neighborhoods in Summerville include Downtown Summerville, which offers excellent walkability to the historic town square, antique shops, and restaurants with strong pricing power due to tourist appeal and charm. Nexton is a master-planned community attracting young professionals and families, providing consistent demand from corporate travelers and visitors to nearby businesses with modern amenities driving higher nightly rates. White Gables offers established residential appeal with larger homes suitable for family groups visiting Charleston area attractions, located conveniently between Summerville's downtown and major highways. Cane Bay Plantation provides newer construction homes with resort-style amenities appealing to leisure travelers, particularly families, with proximity to shopping and dining while maintaining reasonable property acquisition costs. Pine Forest Country Club area attracts guests seeking upscale accommodations with golf course access and larger properties commanding premium rates from affluent travelers. Oakbrook features mid-range housing stock with good access to both Charleston and Summerville attractions, offering solid rental yields with lower entry costs and appeal to budget-conscious families and business travelers.

Short-term Rental Regulations in Summerville

Summerville, South Carolina requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, proof of insurance, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people 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 but require properties to maintain residential character and comply with parking requirements of at least two off-street spaces. The registration process involves submitting an application with a fee of approximately $100-150 annually, providing contact information for a local responsible party available 24/7, and ensuring compliance with noise ordinances and waste management requirements. Recent changes implemented around 2022-2023 include stricter enforcement of noise violations, mandatory posting of house rules and emergency contact information, requirements for annual safety inspections, and enhanced penalties for non-compliance including potential license revocation for repeat violations.

Short-term Rental Fees and Taxes in Summerville

Short-term rentals in Summerville, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, plus an additional local accommodations tax that typically ranges from 1-3% depending on the specific jurisdiction within Dorchester County. Property owners must obtain a business license from the Town of Summerville costing approximately $50-100 annually, and register for state tax collection which requires a $50 registration fee. The South Carolina Department of Revenue requires collection of state sales tax at 6% on rental income, while local sales tax adds another 1-2%. Tourism development fees may apply at rates of 1-2% in certain areas. Property owners must also maintain proper zoning compliance and may face inspection fees of $75-150, plus potential homeowner association fees if applicable. Annual permit renewals typically cost $25-75, and there may be additional fire safety inspection fees of $50-100 depending on property type and occupancy limits.

Is Airbnb a Good Investment in Summerville, South Carolina?

Investing in Airbnb properties in Summerville, South Carolina, presents a promising opportunity, driven by the town's charming appeal, consistent population growth, and proximity to Charleston's robust tourism market. Current market conditions in Summerville indicate a steady demand for short-term rentals, fueled by visitors attracted to its historic downtown, Azalea Park, and various local festivals, as well as those seeking more affordable and spacious accommodations compared to downtown Charleston. Property values in Summerville have seen consistent appreciation, reflecting its growing popularity as a residential and tourist destination, which enhances the long-term investment potential. The investment outlook is further bolstered by ongoing commercial development and its appeal to families and leisure travelers, making it an attractive option for short-term rental profitability.

How Much Does an Average Airbnb Earn in Summerville?

Based on available market data and rental analytics, Airbnb hosts in Summerville, South Carolina typically earn between $1,200 to $2,800 per month, with average monthly revenues around $1,800 for a standard 2-3 bedroom property. Seasonal variations show peak earnings during spring and fall months when Charleston tourism is highest, with revenues potentially increasing 25-40% above average during March through May and September through November, while summer months may see slightly lower occupancy due to heat and humidity. Winter months typically represent the lowest earning period with revenues dropping 15-30% below annual averages. Key factors affecting earnings include proximity to downtown Charleston (properties within 20 miles command premium rates), property size and amenities, with entire homes significantly outperforming private rooms, and the presence of features like pools, historic charm, or unique architectural elements. The market benefits from Summerville's position as a more affordable alternative to Charleston proper while still offering easy access to major attractions, though hosts must compete with the broader Charleston metropolitan area's extensive short-term rental inventory. Revenue per available night typically ranges from $85 to $150 depending on property type and season, with occupancy rates averaging 60-75% for well-managed properties.

Airbnb Return on Investment in Summerville

Airbnb investments in Summerville, South Carolina typically generate ROI between 8-14% annually, with higher-end properties near historic downtown and Lake Moultrie achieving returns closer to 12-16%. The average payback period ranges from 7-10 years depending on initial investment and property management efficiency. Properties averaging $150-250 per night with 65-75% occupancy rates generally outperform traditional long-term rentals by 3-5 percentage points, as long-term rentals in Summerville typically yield 5-8% ROI with average monthly rents of $1,200-1,800 for comparable properties. The Summerville market benefits from proximity to Charleston tourism, military housing demand from nearby bases, and seasonal lake recreation visitors, though investors face higher turnover costs, cleaning expenses averaging $75-100 per turnover, and potential HOA restrictions in newer developments that can impact overall profitability.

Average Airbnb Occupancy Rate in Summerville

Airbnb occupancy rates in Summerville, South Carolina typically average around 65-70% annually, with significant seasonal variations that peak during spring (March-May) at approximately 75-80% occupancy when visitors come for the mild weather and blooming azaleas, and summer months (June-August) reaching 70-75% due to proximity to Charleston's tourist season. Fall months (September-November) maintain moderate occupancy around 60-65%, while winter (December-February) drops to the lowest levels at 45-55% occupancy. Peak seasons align with Charleston's tourism patterns, benefiting from overflow visitors seeking more affordable accommodations outside the historic city center, particularly during major events like Charleston Wine & Food Festival and Spoleto Festival. Summerville's occupancy rates generally track 5-10 percentage points below South Carolina's statewide Airbnb average of 70-75% and fall slightly under the national average of 72-76%, primarily due to its position as a secondary market dependent on Charleston's tourism draw rather than being a primary destination itself, though its rates remain competitive within the Charleston metropolitan area market.

Best Neighborhoods for Airbnb in Summerville

The best Airbnb investment neighborhoods in Summerville include Downtown Summerville, which offers excellent walkability to the historic town square, antique shops, and restaurants with strong pricing power due to tourist appeal and charm. Nexton is a master-planned community attracting young professionals and families, providing consistent demand from corporate travelers and visitors to nearby businesses with modern amenities driving higher nightly rates. White Gables offers established residential appeal with larger homes suitable for family groups visiting Charleston area attractions, located conveniently between Summerville's downtown and major highways. Cane Bay Plantation provides newer construction homes with resort-style amenities appealing to leisure travelers, particularly families, with proximity to shopping and dining while maintaining reasonable property acquisition costs. Pine Forest Country Club area attracts guests seeking upscale accommodations with golf course access and larger properties commanding premium rates from affluent travelers. Oakbrook features mid-range housing stock with good access to both Charleston and Summerville attractions, offering solid rental yields with lower entry costs and appeal to budget-conscious families and business travelers.

Short-term Rental Regulations in Summerville

Summerville, South Carolina requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, proof of insurance, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people 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 but require properties to maintain residential character and comply with parking requirements of at least two off-street spaces. The registration process involves submitting an application with a fee of approximately $100-150 annually, providing contact information for a local responsible party available 24/7, and ensuring compliance with noise ordinances and waste management requirements. Recent changes implemented around 2022-2023 include stricter enforcement of noise violations, mandatory posting of house rules and emergency contact information, requirements for annual safety inspections, and enhanced penalties for non-compliance including potential license revocation for repeat violations.

Short-term Rental Fees and Taxes in Summerville

Short-term rentals in Summerville, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, plus an additional local accommodations tax that typically ranges from 1-3% depending on the specific jurisdiction within Dorchester County. Property owners must obtain a business license from the Town of Summerville costing approximately $50-100 annually, and register for state tax collection which requires a $50 registration fee. The South Carolina Department of Revenue requires collection of state sales tax at 6% on rental income, while local sales tax adds another 1-2%. Tourism development fees may apply at rates of 1-2% in certain areas. Property owners must also maintain proper zoning compliance and may face inspection fees of $75-150, plus potential homeowner association fees if applicable. Annual permit renewals typically cost $25-75, and there may be additional fire safety inspection fees of $50-100 depending on property type and occupancy limits.

* 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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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Summerville, South Carolina?

To start an Airbnb in Summerville, South Carolina, begin by researching local regulations as the town requires short-term rental permits and compliance with zoning ordinances, particularly in residential areas where some neighborhoods may restrict rentals under 30 days. Contact Summerville's Planning and Zoning Department to obtain the necessary business license and short-term rental permit, which typically costs around $100-200 annually and requires property inspections for safety compliance. Find a suitable property by focusing on areas near downtown Summerville's historic district, Azalea Park, or neighborhoods with easy access to Charleston (20 minutes away), ensuring the property allows short-term rentals per HOA or lease agreements. Furnish the space with comfortable, durable furniture emphasizing Southern charm and modern amenities like high-speed internet, smart TV, and quality linens, budgeting approximately $5,000-15,000 depending on property size. Create your Airbnb listing with professional photography highlighting local attractions like the Summerville Farmers Market, historic downtown, and proximity to Charleston, setting competitive rates around $80-150 per night based on seasonality and local events. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges through lockboxes or smart locks, and maintaining relationships with local cleaning services and handymen for quick maintenance issues, while staying updated on Summerville's evolving short-term rental regulations and tax requirements including South Carolina's 7% sales tax and 2% local accommodations tax.

What's the best way to identify good STR properties in Summerville, South Carolina?

To identify profitable short-term rental properties in Summerville, South Carolina, focus on locations within 15-20 minutes of downtown Charleston, near Azalea Park, or close to major attractions like Summerville's historic district and antique shops. Target 3-4 bedroom single-family homes built after 1990 with modern amenities, outdoor spaces, and parking, as families visiting Charleston often prefer suburban stays with more space than downtown hotels. Analyze pricing by researching comparable Airbnb listings in Summerville averaging $120-180 per night, while monitoring seasonal fluctuations during peak Charleston tourism months (March-May, September-November). Study competition using AirDNA and Mashvisor to assess occupancy rates typically ranging 60-75% annually in the area, while examining existing STR properties' reviews and amenities to identify gaps in the market. Utilize tools like Rabbu, STR Helper, and local MLS data through Charleston Trident MLS, while consulting with Summerville-based real estate agents familiar with STR regulations and connecting with local property management companies like RedAwning or Vacasa who operate in the Charleston metro area to understand operational costs and revenue potential.

How to get an Airbnb permit in Summerville, South Carolina?

To obtain an Airbnb/STR permit in Summerville, South Carolina, you must first contact the Summerville Planning and Zoning Department at Town Hall located at 200 South Main Street to determine if short-term rentals are permitted in your specific zoning district, as the town has restrictions on STRs in certain residential areas. You'll need to submit an application for a Conditional Use Permit along with required documents including a site plan, proof of property ownership or lease agreement, floor plans showing maximum occupancy, parking plan demonstrating adequate off-street parking, and a detailed operational plan addressing noise control, trash management, and guest supervision. The application fee is approximately $500-750, and you may need to pay additional fees for public hearings if required. After submitting your complete application, the planning staff will review it for completeness (typically 2-3 weeks), followed by Planning Commission review which can take 4-6 weeks, and potentially Town Council approval if the Planning Commission recommends approval, adding another 2-4 weeks to the process. Summerville requires STR operators to maintain liability insurance, provide 24/7 contact information to neighbors, limit occupancy to no more than 2 people per bedroom plus 2 additional guests, ensure adequate parking (typically 1 space per bedroom), and comply with all fire safety and building codes. The total timeline from application to approval typically ranges from 8-12 weeks, and approved permits must be renewed annually with the town.

Is it legal to operate a short-term rental in Summerville, South Carolina?

Short-term rentals (STRs) are legal in Summerville, South Carolina, but operate under specific municipal regulations that were updated around 2020-2021. The city requires STR operators to obtain a business license and comply with zoning restrictions that primarily allow STRs in residential districts with certain limitations on density and proximity to other rentals. Properties must meet safety requirements including smoke detectors, fire extinguishers, and occupancy limits, while operators must provide 24/7 contact information and maintain guest registries. STRs are generally prohibited in areas zoned for multi-family housing complexes and certain historic districts without special permits. The city implemented a registration system requiring annual renewals and has established noise ordinances and parking requirements specific to short-term rentals. Recent changes include stricter enforcement of the 72-hour complaint response requirement for operators and enhanced penalties for non-compliance, with the city conducting periodic inspections to ensure adherence to health and safety standards.

What are the best places to invest in Airbnb in Summerville, South Carolina?

The best areas for Airbnb investment in Summerville, South Carolina include the Historic Downtown District, which attracts tourists interested in the town's antebellum architecture, annual Flowertown Festival (drawing over 200,000 visitors since 1972), and proximity to restaurants and shops along Main Street. The Nexton and Cane Bay Plantation neighborhoods offer modern amenities and appeal to business travelers working with companies like Boeing, Volvo, and Mercedes-Benz in the Charleston metro area, while also attracting families visiting the area's top-rated schools. Areas near Azalea Park and the Ashley River provide scenic waterfront access popular with nature enthusiasts and wedding parties, as Summerville is known as the "Flower Town in the Pines." The Oakbrook and White Gables neighborhoods offer upscale accommodations for visitors attending events at nearby Charleston Southern University or those seeking a quieter alternative to downtown Charleston while remaining within 30 minutes of the airport, beaches, and major attractions, making these areas particularly attractive for longer-stay guests and corporate housing needs.

Airbnb and lodging taxes in Summerville, South Carolina

In Summerville, South Carolina, Airbnb hosts are subject to both state and local lodging taxes that must be collected from guests and remitted to tax authorities. The South Carolina state accommodations tax is 2% of the rental amount, while Dorchester County imposes an additional 2% accommodations tax, bringing the total lodging tax to approximately 4% for short-term rentals. Hosts must register with the South Carolina Department of Revenue to obtain a retail license and collect these taxes from guests at the time of booking or check-in. The state accommodations tax must be remitted monthly by the 20th of the following month using Form ST-8, while county taxes are typically remitted quarterly to Dorchester County's tax office. Properties rented for 90 consecutive days or more to the same guest may be exempt from accommodations taxes, and rentals to permanent residents (stays exceeding 90 days) are generally not subject to these lodging taxes. Additionally, hosts must charge and remit South Carolina's 6% state sales tax plus applicable local sales taxes, which can add another 1-2% depending on the specific municipality within Summerville, with total tax obligations potentially reaching 10-12% of the rental amount when combining all applicable state and local taxes.

Total cost to purchase, furnish and operate an Airbnb in Summerville, South Carolina

To start an Airbnb in Summerville, South Carolina, expect total costs of approximately $285,000-$320,000. Property purchase represents the largest expense at $250,000-$280,000 based on median home prices in the area as of 2023-2024. Furnishing costs typically range $15,000-$25,000 for a complete 3-bedroom setup including furniture, appliances, linens, and décor from retailers like IKEA, Wayfair, and local suppliers. Initial setup costs including professional photography, listing creation, and marketing materials run $1,500-$2,500. Permits and fees vary but expect $500-$1,200 for business licenses, short-term rental permits, and city registration requirements. Insurance premiums for short-term rental coverage average $2,000-$3,000 annually, with companies like Proper Insurance and CBIZ providing specialized Airbnb policies. Utility setup and deposits for electricity, water, internet, and cable total approximately $800-$1,200. First six months of operating costs including utilities ($150-200/month), cleaning services ($75-100 per turnover), supplies and maintenance ($200-300/month), platform fees (3% of bookings), and property management software subscriptions total roughly $4,000-$6,000, assuming moderate occupancy rates of 60-70% during the initial period.

Are Airbnb properties in Summerville, South Carolina profitable?

Airbnb properties in Summerville, South Carolina typically generate annual revenues between $15,000-$35,000 for entire homes, with average daily rates ranging from $85-$150 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($50-$80 per turnover), property management (15-25% of revenue), utilities ($150-$300 monthly), insurance ($1,200-$2,000 annually), and maintenance costs averaging $2,000-$4,000 yearly. Net profit margins typically range from 15-35% for well-managed properties, with successful hosts achieving occupancy rates of 60-75% annually. Key success factors include proximity to Charleston (20 minutes away), competitive pricing during peak seasons (spring/summer), professional photography, responsive guest communication, and targeting business travelers and Charleston tourists seeking affordable alternatives. Properties near Summerville's historic downtown or with unique features like pools or large outdoor spaces command premium rates, while basic suburban homes rely on value positioning. The market benefits from Charleston's tourism spillover, Boeing's presence creating corporate demand, and lower property acquisition costs compared to Charleston proper, making Summerville an attractive market for investors seeking 8-12% annual returns on investment.

What is the expected return on investment for an Airbnb in Summerville, South Carolina?

Based on Summerville, South Carolina market conditions, Airbnb investments typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14% depending on property type and location within the market. Properties near Summerville's historic downtown district and those within 30 minutes of Charleston attractions tend to achieve higher returns, with average daily rates of $85-120 and occupancy rates of 65-75% annually. Initial profitability usually occurs within 8-14 months after launch, factoring in startup costs, furnishing expenses, and marketing investments. Three-bedroom homes with modern amenities in neighborhoods like Nexton or near Azalea Park command premium rates and can achieve the higher end of ROI projections, while smaller properties or those requiring significant renovations may see returns closer to 10-12% annually. Market appreciation in Summerville has averaged 6-8% yearly since 2019, contributing to overall investment returns when combined with rental income from platforms like Airbnb and VRBO.

What company can help me find and buy a profitable Airbnb in Summerville, South Carolina?

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Summerville, South Carolina, using data analytics and market insights. Local real estate agents specializing in Airbnb investments in the Summerville area include Keller Williams Realty agents who focus on investment properties, Coldwell Banker residential specialists with vacation rental expertise, and RE/MAX agents experienced in short-term rental markets around the Charleston metropolitan area. National services like Mashvisor provide property analysis tools for Summerville's rental market, while AirDNA offers comprehensive data on Airbnb performance metrics for the region. Awning Property Management, founded around 2016, provides full-service Airbnb management for Summerville properties, and RedAwning offers vacation rental management services throughout South Carolina. Local property management companies such as Charleston Airbnb Management and Lowcountry Vacation Rentals specialize in optimizing short-term rental properties in Summerville and surrounding areas. Investment-focused real estate firms like BiggerPockets-affiliated agents and Roofstock's platform also serve the Summerville market for investors seeking turnkey Airbnb properties, while local companies such as Summerville Property Solutions and Charleston Investment Properties focus specifically on helping investors acquire and manage profitable vacation rental properties in the area.

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