Oak Grove, KY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

31 / 53

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$25,433

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$213,246

Median Home Sale Price

Top Earners

$39,772

Top-Earners Revenue

Oak Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Oak Grove.

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B

Generally Investor friendly

Oak Grove Regulations

Oak Grove permits short‑term rentals citywide but requires a business license, transient‑room‑tax registration, and monthly tax reporting, creating moderate permitting costs and a clear compliance process. Strong, consistent enforcement and the 4% tax increase the compliance burden, yet the lack of caps or restrictive zoning makes the environment manageable for investors who follow the rules.

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About Oak Grove

Oak Grove is a small city in Christian County in southwestern Kentucky, with a population of roughly 7,500 residents. It sits directly adjacent to Fort Campbell, a major United States Army installation that straddles the Kentucky–Tennessee line and is home to the 101st Airborne Division. The community has a quiet, working-class feel, drawing much of its identity and economy from the steady flow of military personnel, families, and visitors connected to the base. Oak Grove lies about 60 miles north of Nashville and approximately ten miles south of Hopkinsville, the Christian County seat, giving it a convenient position between two larger hubs in the region.

Fort Campbell is the single biggest draw in the area and the reason many travelers find themselves passing through Oak Grove in the first place. The installation supports family readiness events, graduations, and ceremonies that draw visitors from across the country, and the surrounding community has built a small but steady service economy around that traffic. It is essentially at Oak Grove's doorstep, with the main gate only a few minutes from the city center.

Just across the state line to the south lies Clarksville, Tennessee, the larger of Oak Grove's two nearest neighbors and the main source of restaurants, shopping, and entertainment for area residents. Downtown Clarksville, roughly a fifteen-minute drive south, sits along the Cumberland River and offers a riverwalk, a restored historic district, and a growing craft beverage scene, with venues such as Beachaven Vineyards and Winery and Old Glory Distilling Co. just outside the city core. Dunbar Cave State Park, a short drive southeast of downtown, provides an easy nature outing with a walking trail that leads to a large cave entrance once used by prehistoric peoples.

About twenty-five minutes to the north, Hopkinsville adds another layer of regional character. The town is the seat of Christian County and serves as a service hub for the surrounding farmland, and it is closely associated with the annual celebration of the 1918 solar eclipse that passed directly overhead. A short drive west of Hopkinsville brings visitors to the Jefferson Davis State Historic Site at Fairview, a small state park marking the birthplace and childhood home of the only president of the Confederate States.

Oak Grove's appeal as a short-term rental base comes from this particular mix: a small, affordable Kentucky town that is nonetheless within easy reach of a major military installation, the amenities of Clarksville, the regional services of Hopkinsville, and a comfortable one-hour drive to Nashville. For visitors attending events at Fort Campbell, exploring the Cumberland River region, or using the area as a quieter, less expensive alternative to a big-city stay, Oak Grove offers a practical and well-located home base.

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