Fairhope, AL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Fairhope short-term rental market based on reliable data.

Listings

202 / 342

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$36,075

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$455,772

Median Home Sale Price

Top Earners

$87,615

Top-Earners Revenue

Fairhope

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fairhope.

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B

Generally Investor friendly

Fairhope Regulations

Fairhope allows STRs in multiple districts (R‑4, R‑5, B‑1, B‑2, B‑3a, B‑3b) with a straightforward annual business license ($100 in‑city, $50 in police jurisdiction) and lodging tax for stays under 180 days; prohibited in R‑1, R‑2, R‑3, with no reported caps or special permits, making compliance predictable though not cost‑free.

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About Fairhope

Fairhope, Alabama, is a charming city located on the eastern shore of Mobile Bay. Known for its vibrant arts scene, beautiful parks, and quaint downtown area, Fairhope offers an appealing mix of cultural and recreational activities for both residents and visitors. With a population of approximately 23,000 people, this picturesque city is part of Baldwin County and is located about 18 miles southeast of the larger city of Mobile, Alabama.

Fairhope is renowned for its stunning views of Mobile Bay and its welcoming community atmosphere, which make it an attractive destination for short-term rentals. Visitors can explore various local landmarks and attractions, such as the Fairhope Municipal Pier (https://www.fairhopeal.gov/parks-recreation/parks/fairhope-pier),,) which is perfect for leisurely walks, fishing, and enjoying sunsets over the bay. The Fairhope Pier is a centerpiece of the city and offers a quintessential Fairhope experience.

Another notable spot is the Fairhope Avenue, the main street that runs through the heart of the downtown area, lined with boutique shops, cafes, and eateries. The Eastern Shore Art Center (https://esartcenter.org)) is another point of interest, offering art exhibits, workshops, and special events that highlight the local artistic talent.

Nature enthusiasts will appreciate the vast array of parks and outdoor spaces, such as the Weeks Bay Reserve (https://www.alabamacoastaltraining.org/weeks-bay-reserve)) and the Fairhope Duck Pond, which offer opportunities for bird watching, kayaking, and other outdoor activities. Additionally, the Marietta Johnson Museum (https://mariettajohnson.org)) offers insight into the educational philosophies and history of one of Fairhope's most influential early residents.

All these features contribute to Fairhope's appeal as a destination for short-term rentals, attracting visitors who seek a blend of cultural richness, natural beauty, and small-town charm.

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