High-Touch, High-Rent: The Top 5 States for STR Occupancy and Average Daily Rates

When it comes to short-term rentals, some states stand out as hotspots for high occupancy rates and average daily rates. In this article, we'll dive into the top 5 states for STR occupancy and average daily rates, using data from top states analysis and other key metrics.

Top 5 States for STR Occupancy and Average Daily Rates

In our analysis, we considered various factors such as median sale price, homes sold, inventory, and days on market. Here are the top 5 states that stood out:

• Florida: With a median sale price of $440,442 and 90 homes sold, Apopka, FL takes the top spot. The city has a short days on market of 42 days, indicating a competitive market.
• New Jersey: Hackensack, NJ comes in second with a median sale price of $322,500 and 28 homes sold. The city has a longer days on market of 84 days, suggesting a more balanced market.
• South Carolina: Charleston, WV ranks third with a median sale price of $94,000 and 3 homes sold. The city has a relatively short days on market of 34 days, indicating a fast-paced market.
• Texas: Conroe, TX takes the fourth spot with a median sale price of $323,374.5 and 138 homes sold. The city has a moderate days on market of 84 days, suggesting a stable market.
• South Dakota: Sturgis, SD rounds out the top 5 with a median sale price of $369,375,000 and 1 homes sold. The city has a long days on market of 200 days, indicating a slow market.

When comparing the median sale prices of these cities, we can see significant differences. For example, Apopka, FL has a median sale price of $440,442, while Charleston, WV has a median sale price of $94,000. This suggests that the real estate market in Apopka, FL is more expensive than in Charleston, WV.

In terms of homes sold, Apopka, FL leads the pack with 90 homes sold, while Sturgis, SD has only 1 home sold. This indicates that Apopka, FL is a more active real estate market than Sturgis, SD.

Looking at the days on market, we can see that Apopka, FL has a short days on market of 42 days, while Sturgis, SD has a long days on market of 200 days. This suggests that Apopka, FL is a more competitive market than Sturgis, SD.

In addition to these statistics, we can also look at the months of supply, which is calculated by dividing the inventory by the homes sold. Apopka, FL has a months of supply of 2.7, while Sturgis, SD has a months of supply of 2. This suggests that Apopka, FL has a slightly more balanced market than Sturgis, SD.

For more information on the real estate market trends in these cities, check out our top analysis. For insights on the challenges facing Airbnb hosts in 2025, read our top analysis.

By analyzing these statistics, we can gain a better understanding of the real estate market trends in these cities and make informed decisions about investment opportunities.

Conclusion

In conclusion, our analysis highlights the top 5 states for STR occupancy and average daily rates. By considering various factors such as median sale price, homes sold, inventory, and days on market, we can gain a better understanding of the real estate market trends in these cities. For more information on the real estate market trends in these cities, check out our related articles.

For a city like Mount Pleasant, SC, the median sale price is $359,900 with homes typically staying on the market for 69 days. When comparing to Apopka, FL, which has a median price of $440,442, we can see a difference of $80,542. This suggests that the real estate market in Mount Pleasant, SC is less expensive than in Apopka, FL.

For more information on the best short-term rental markets in Washington, check out our rental analysis.