Opelika, AL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Opelika short-term rental market based on reliable data.
Listings
77 / 212
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$26,317
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$294,761
Median Home Sale Price
Top Earners
$69,942
Top-Earners Revenue
Opelika
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Opelika.
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Generally Investor friendly
Opelika Regulations
STRs are allowed; most Airbnb-style rentals are treated as residential rentals with simple registration ($5) and a one-time inspection, and no caps. The cost and time burden are moderate due to the required local agent, routine inspections every three years, and penalties for violations.
Local STR Agent
STR specialist · Opelika, AL
About Opelika
Opelika (pronounced OH-pə-LY-kə) is a city in and the county seat of Lee County in the east-central part of the U.S. state of Alabama. It is a principal city of the Auburn-Opelika Metropolitan Area. As of the 2020 census, the population of Opelika is 30,995, an increase of 17.1 percent from the 2010 Census where the population was 26,477. The Auburn-Opelika, AL MSA with a population of 150,933, along with the Columbus, Georgia metropolitan area, comprises the Greater Columbus combined statistical area, a region home to 501,649 residents.