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Staunton, VA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,378
Monthly Cash Flow
-$367
Principal + Equity
$1,678
Annual Total Gain
$15,722
Cash on Cash
-5.86%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$162
Occupancy Rate
50%
Monthly Revenue
$2,144
Monthly Cash Flow
$77
Principal + Equity
$1,678
Annual Total Gain
$21,052
Cash on Cash %
1.22%
Net ROI %
Market Health & Growth
Median Income
$62,586
Population
25,765
LTR Renter %
40.51%
Forecast (1 yr)
1.2%
Appreciation (1 yr)
3.62%
Appreciation (5 yr)
39.75%
Appreciation (10 yr)
75.19%
Job Growth
-0.88%
LTR Rentability
Moderate
STR Demand
40
STR Rentals
167
Top Public Schools
B-Thomas C. McSwain Elementary School
B-Staunton High School
B-
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Places to Retire in Virginia
#57out of 282 markets
Best Places to Buy a House in Virginia
#159out of 523 markets
Places with the Lowest Cost of Living in Virginia
#94out of 524 markets
B-
Public School
C
Crime And Safety
B-
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Staunton, VA.
In Staunton, VA, Short Term Rentals (STRs) are regulated by the city's Zoning Ordinance. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Zoning Restrictions: STRs are only allowed in certain zoning districts within the city. Investors should ensure that the property they are considering purchasing is located in a zoning district that permits STRs.
2. Permit Requirements: In order to operate a STR in Staunton, property owners must obtain a Short Term Rental Permit from the city. This permit must be renewed annually and requires an application fee.
3. Occupancy Limits: The city of Staunton has occupancy limits for STRs, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them.
4. Parking Requirements: STR properties in Staunton must provide adequate off-street parking for guests. Investors should consider the property's parking situation before purchasing.
5. Noise and Nuisance Regulations: STR properties in Staunton must comply with noise and nuisance regulations to ensure that they do not disrupt the surrounding neighborhood. Investors should be aware of these regulations and take steps to mitigate any potential issues.
6. Taxation: STR properties in Staunton are subject to transient occupancy taxes, which must be collected and remitted to the city. Investors should be aware of these tax obligations and factor them into their financial planning.
Overall, investors looking to purchase a property for STR purposes in Staunton, VA should thoroughly research and understand the city's regulations and requirements for operating a Short Term Rental. Failure to comply with these regulations could result in fines or other penalties, so it is important to be informed before making an investment.
Market Trends Over Time
Explore 25 years of market data for Staunton, VA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Staunton, VA.
The LTR Genie Score of Staunton, VA is 65, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 54, suggesting a slightly lower level of rentability for short-term rental or Airbnb properties. The LTR Net ROI of 20.89% and STR Net ROI of 27.98% are both relatively high, indicating good potential for return on investment in both rental strategies. However, the 1-Year Price Appreciation Forecast of 1.2% may be considered low compared to other markets.
Staunton, VA is a historic city known for its well-preserved architecture and vibrant arts scene. The city offers a mix of urban amenities and small-town charm, making it an attractive location for both residents and visitors.
Based on the metrics provided, Staunton, VA appears to be a promising market for both long-term and short-term rental investments. The relatively high LTR and STR Genie Scores, along with solid Net ROI figures, suggest that investors could potentially see good returns in both rental strategies. However, the low 1-Year Price Appreciation Forecast may indicate slower growth in property values compared to other markets. Overall, investors may want to consider a diversified approach by investing in both long-term and short-term rental properties in Staunton, VA to maximize their potential returns.
LTR Genie Score 93
$125,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,200 sqft.🏠 SINGLE FAMILY
