Tybee Island, GA

Key Performance Metrics

Market snapshot

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

Listings

1282 / 1969

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$61,217

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$616,899

Median Home Sale Price

Top Earners

$115,118

Top-Earners Revenue

Tybee Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Tybee Island.

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C

Challenging to Investors

Tybee Island Regulations

STRs are legal but tightly constrained—new certificates are barred in ~80% of residential zoning districts, creating major cap and zone limits; high combined fees (certificate and occupancy), a narrow annual application window, and strict operational rules further increase compliance burden and deter investment.

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About Tybee Island

Overview of Tybee Island, GA:

Tybee Island is a small city located in Chatham County, Georgia, United States. It lies approximately 18 miles east of Savannah, the closest major city. This barrier island is well-known for its charming local atmosphere, scenic beauty, and attractive coastal environment, making it a popular destination for tourists and short-term renters.

Population: As of the 2020 census, Tybee Island has a population of about 3,000 residents. However, this number swells significantly during the tourist season, as the city attracts numerous visitors looking for a beachfront getaway.

Specific Landmarks:

  1. Tybee Island Light Station and Museum:

    • Tybee Island Light Station and Museum
    • One of the most iconic landmarks on the island, the Tybee Island Light Station is among America's most well-preserved lighthouses. It offers visitors a glimpse into the island's maritime history and provides stunning views of the surrounding area.

  2. Fort Pulaski National Monument:

    • Fort Pulaski National Monument
    • Located just west of Tybee Island, this historic fort played a significant role during the Civil War. Visitors can explore the fort's impressive architecture, scenic trails, and informative exhibits.

  3. Tybee Island Marine Science Center:

    • Tybee Island Marine Science Center
    • This center offers educational programs and exhibits focused on local marine life and ecosystems. It's a family-friendly destination where visitors can learn more about the area's natural habitat.

Appeal for Short-Term Rentals: The appeal of Tybee Island for short-term rentals is vast, driven by its close proximity to Savannah, beautiful beaches, and historical landmarks. Visitors looking for a relaxing beach vacation or an educational historical experience find the island highly attractive. Its small-town charm combined with a variety of recreational activities, such as kayaking, fishing, and cycling, further enhance its desirability for short-term stays. Additionally, the array of unique shops, restaurants, and accommodations allow visitors to experience the local culture distinctively.

In conclusion, Tybee Island's coastal beauty, historical significance, and proximity to a major city make it an ideal destination for short-term rentals, appealing to a diverse group of travelers seeking both relaxation and adventure.