Gallatin, MO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

3 / 26

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$32,531

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$276,397

Median Home Sale Price

Top Earners

$35,112

Top-Earners Revenue

Gallatin

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Gallatin.

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B

Generally Investor friendly

Gallatin Regulations

Hamilton, MO likely permits STRs with a straightforward local business license, basic tax compliance, and minimal caps/zoning constraints typical of small Missouri towns. The permitting process is modest and manageable, supporting investor entry.

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About Gallatin

Gallatin is a small city in Daviess County in northwestern Missouri, serving as the county seat with a population of approximately 1,800 residents. The community carries the unhurried character of a traditional Midwestern county seat, anchored by a historic courthouse square surrounded by locally owned shops and small businesses. It functions as a quiet civic and agricultural hub for the surrounding farming region, and sits roughly 75 miles northeast of Kansas City, placing it within reasonable reach of a major metropolitan area while preserving a distinctly rural feel.

The Daviess County Courthouse occupies the heart of downtown Gallatin and remains a defining feature of the community. The square around it hosts seasonal events, local gatherings, and a modest cluster of storefronts that give the town its genuine small-town sense of place. For visitors passing through, it offers a snapshot of county-seat life that has changed little over the decades.

Just west of Gallatin, the community of Jamesport offers a striking contrast in pace and culture. Recognized as one of the largest Amish settlements in Missouri, Jamesport is known for handcrafted goods, traditional baked items, and a quiet way of life that draws visitors curious about rural craftsmanship and heritage. The drive from Gallatin is short, making it a convenient side trip for travelers interested in stepping into a different regional tradition.

To the north, Crowder State Park lies within roughly a half-hour drive and provides access to hiking trails, a small lake, and the forested rolling landscape typical of north-central Missouri. The park offers a chance to experience the region's outdoor offerings in a peaceful, uncrowded setting, with space for picnicking, wildlife watching, and easy day hikes.

A bit farther to the west, the city of St. Joseph sits along the Missouri River, roughly an hour from Gallatin. It is the place where the Pony Express began its historic runs west and is closely tied to the broader story of the American frontier, giving visitors a fuller sense of nineteenth-century Midwestern history.

Gallatin's appeal as a short-term rental base lies in its authentic small-town character, its central location in a quiet agricultural region, and its proximity to a mix of cultural, historical, and natural attractions. Travelers can use the town as a calm home base for exploring the Amish country around Jamesport, the trails of Crowder State Park, and the historic sites along the Missouri River corridor, all while enjoying a slower, more traditional Midwestern pace of life.

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