Danville, KY

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

157 / 296

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$28,034

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$243,756

Median Home Sale Price

Top Earners

$55,522

Top-Earners Revenue

Danville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Danville.

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B

Generally Investor friendly

Danville Regulations

Short‑term rentals are effectively treated as Bed & Breakfast only, permitted by conditional use in limited districts (R‑1, R‑2, B‑1) and requiring a CUP, building/zoning permit, potential historic review, and health permits. Operational caps (4 rooms, 7‑day max stay) and ongoing inspections add moderate burden, but STRs are allowed with a clear, known process rather than outright prohibition.

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About Danville

Danville is a home rule-class city in Boyle County, Kentucky, United States. It is the seat of its county. The population was 17,236 at the 2020 Census. Danville is the principal city of the Danville Micropolitan Statistical Area, which includes all of the Boyle and Lincoln counties. In 2001, Danville received a Great American Main Street Award from the National Trust for Historic Preservation. In 2011, Money magazine placed Danville as the fourth-best place to retire in the United States. Centre College in Danville was selected to host U.S. vice-presidential debates in 2000 and 2012.

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