By John Klyce and Meg Wrather, Nashville Business Journal, Feb 3, 2023 - ..... "The average Airbnb rakes in just under $4,000 a month, and though the cost of living and housing prices are a little steep, the average revenue and higher-than-normal occupancy rate of 56% means you’re likely to recoup your initial investment quickly," the report said of Music City.
Nashville’s Airbnb occupancy rate stood at 56% while its median home price was $455,157 and its average monthly Airbnb revenue was $3,911. Nashville scored a 101.4 on the cost of living index, which was slightly above the national average of 100. (link)
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