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AirDNA Data: US Tennessee Murfreesboro

How is Murfreesboro performing?

72

Good
Market Score

43

Investability

63

Rental Demand

27

Revenue Growth

71

Seasonality

48

Regulation

Annual Revenue

$18.7K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$177

+3%

past year

Revenue per Available Rental (RevPAR)

$94.4

+6%

past year

Murfreesboro Performance Details

Total available listings

537

+3%

past year

Listings by rental channel

Channel

Airbnb (63%)

Vrbo (8%)

Both (29%)

Listings by rental size

Bedrooms

1 Bedroom (26%)

2 Bedroom (25%)

3 Bedroom (32%)

4 Bedroom (12%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (32%)

91-180 nights (20%)

181-270 nights (16%)

271-365 nights (31%)

Listings by rental type

Type

Entire Home (85%)

Private Room (14%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (17.4%)

Moderate (67.3%)

Strict (14.2%)

Super Strict (1.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (45.1%)

3 Nights (10.1%)

4-6 Nights (3.4%)

7-29 Nights (2.8%)

30+ Nights (38.7%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

98%

Parking

95%

Kitchen

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
AXL House
70.0%466
4.75
Evolve
40.0%60
4.51
Carebnb Properties
11.0%4
4.75
Nautical Properties Vacation Rentals
11.0%16
4.95
Seascapes Vacation Rentals
11.0%12
4.90

Occupancy

Occupancy Rate

53%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,866,317

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$53

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$53

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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