Best Places in Tennessee, United States to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in Tennessee, United States with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2024.

Top Short-Term Rental Cities in Tennessee, United States

Rank:#1Market:Nashville-DavidsonCountry:United StatesProperties:7,560Monthly Revenue:$3744.05Daily Rate:$283.13Occupancy:46.14%Regulation:Low
Rank:#2Market:SeviervilleCountry:United StatesProperties:5,283Monthly Revenue:$4773.14Daily Rate:$322.53Occupancy:49.12%Regulation:Low
Rank:#3Market:GatlinburgCountry:United StatesProperties:2,903Monthly Revenue:$4296.47Daily Rate:$307.39Occupancy:48.48%Regulation:Low
Rank:#4Market:Pigeon ForgeCountry:United StatesProperties:2,603Monthly Revenue:$4127.11Daily Rate:$298.98Occupancy:46.85%Regulation:Low
Rank:#5Market:MemphisCountry:United StatesProperties:1,564Monthly Revenue:$1970.82Daily Rate:$158.64Occupancy:43.70%Regulation:Low
Rank:#6Market:ChattanoogaCountry:United StatesProperties:951Monthly Revenue:$2505.76Daily Rate:$164.77Occupancy:50.73%Regulation:Low
Rank:#7Market:KnoxvilleCountry:United StatesProperties:873Monthly Revenue:$2546.90Daily Rate:$177.93Occupancy:50.03%Regulation:Low
Rank:#8Market:FranklinCountry:United StatesProperties:426Monthly Revenue:$3281.38Daily Rate:$254.14Occupancy:47.87%Regulation:Low
Rank:#9Market:ClarksvilleCountry:United StatesProperties:360Monthly Revenue:$1920.94Daily Rate:$127.63Occupancy:51.06%Regulation:Low
Rank:#10Market:TownsendCountry:United StatesProperties:343Monthly Revenue:$3120.77Daily Rate:$232.33Occupancy:46.93%Regulation:Low
Rank:#11Market:MurfreesboroCountry:United StatesProperties:330Monthly Revenue:$2126.86Daily Rate:$155.56Occupancy:47.85%Regulation:Low
Rank:#12Market:CosbyCountry:United StatesProperties:327Monthly Revenue:$2221.52Daily Rate:$195.14Occupancy:41.15%Regulation:Low
Rank:#13Market:Pittman CenterCountry:United StatesProperties:267Monthly Revenue:$3676.99Daily Rate:$267.70Occupancy:46.68%Regulation:Low
Rank:#14Market:BristolCountry:United StatesProperties:256Monthly Revenue:$2025.73Daily Rate:$168.09Occupancy:46.19%Regulation:Low
Rank:#15Market:Johnson CityCountry:United StatesProperties:206Monthly Revenue:$1950.14Daily Rate:$133.93Occupancy:52.38%Regulation:Low
Rank:#16Market:Wears ValleyCountry:United StatesProperties:191Monthly Revenue:$4366.71Daily Rate:$303.62Occupancy:46.13%Regulation:Low
Rank:#17Market:DandridgeCountry:United StatesProperties:176Monthly Revenue:$3389.62Daily Rate:$296.29Occupancy:38.87%Regulation:Low
Rank:#18Market:LaFolletteCountry:United StatesProperties:164Monthly Revenue:$3357.56Daily Rate:$425.96Occupancy:34.39%Regulation:Low
Rank:#19Market:Fairfield GladeCountry:United StatesProperties:160Monthly Revenue:$434.43Daily Rate:$112.98Occupancy:24.93%Regulation:Low
Rank:#20Market:WinchesterCountry:United StatesProperties:150Monthly Revenue:$3330.81Daily Rate:$352.29Occupancy:37.76%Regulation:Low
Rank:#21Market:LebanonCountry:United StatesProperties:139Monthly Revenue:$2105.41Daily Rate:$175.78Occupancy:43.60%Regulation:Low
Rank:#22Market:JacksonCountry:United StatesProperties:136Monthly Revenue:$1667.43Daily Rate:$138.49Occupancy:46.38%Regulation:Low
Rank:#23Market:Berry HillCountry:United StatesProperties:132Monthly Revenue:$4095.69Daily Rate:$277.32Occupancy:47.88%Regulation:Low
Rank:#24Market:ColumbiaCountry:United StatesProperties:127Monthly Revenue:$2235.87Daily Rate:$159.13Occupancy:45.46%Regulation:Low
Rank:#25Market:SmithvilleCountry:United StatesProperties:122Monthly Revenue:$2712.36Daily Rate:$245.05Occupancy:36.63%Regulation:Low
Rank:#26Market:ClevelandCountry:United StatesProperties:120Monthly Revenue:$1828.94Daily Rate:$123.63Occupancy:48.68%Regulation:Low
Rank:#27Market:CookevilleCountry:United StatesProperties:117Monthly Revenue:$1780.42Daily Rate:$130.50Occupancy:48.66%Regulation:Low
Rank:#28Market:Tracy CityCountry:United StatesProperties:116Monthly Revenue:$2120.32Daily Rate:$170.34Occupancy:37.08%Regulation:Low
Rank:#29Market:KingsportCountry:United StatesProperties:110Monthly Revenue:$1784.50Daily Rate:$125.53Occupancy:50.57%Regulation:Low
Rank:#30Market:MonteagleCountry:United StatesProperties:110Monthly Revenue:$2524.79Daily Rate:$186.49Occupancy:41.16%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

How is your STR performing?

Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!

Discover Insights