Warsaw, MO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

162 / 312

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$19,068

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$187,471

Median Home Sale Price

Top Earners

$43,301

Top-Earners Revenue

Warsaw

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Warsaw.

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C

Challenging to Investors

Warsaw Regulations

STRs are legally allowed in Warsaw but require layered compliance across city, county, and state levels, creating uncertainty and additional burden for investors. City-specific STR regulations are unclear, necessitating direct verification of permits and fees with City Hall, while county zoning rules add another compliance gate. State sales tax registration, safety equipment mandates, occupancy limits, and recommended high liability insurance further increase operational complexity and costs without clear caps or support.

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About Warsaw

Warsaw is a small city in Benton County, Missouri, perched along the Osage River in the rolling landscape of west-central Missouri. With a population of roughly 2,000 residents, it has the laid-back character of a Midwestern river town and is best known as a gateway to outdoor recreation on the nearby Truman Reservoir. The city sits about 100 miles southeast of Kansas City and roughly 60 miles southwest of Jefferson City, putting it within easy reach of both metropolitan areas while retaining a quiet, outdoorsy feel.

Just a few minutes south of downtown, the Harry S. Truman Reservoir — locally called Truman Lake — is the centerpiece of the area's appeal. One of the largest man-made lakes in the state, it draws visitors for fishing, boating, swimming, and shoreline camping, and it borders the Harry S. Truman State Park, which offers trails, picnic areas, and a marina. The state park is among the most-visited in Missouri and gives the Warsaw area a strong seasonal pull for families and anglers.

Within the city itself, Drake Harbor on the Osage River serves as a focal point for visitors, with slips, a public boat ramp, and event space that come alive during summer months. The surrounding historic downtown has the kind of low-key shops and eateries typical of small Missouri county seats, and a walking tour reveals a number of older brick buildings that hint at the town's 19th-century roots. Warsaw also hosts an annual River Trail Festival and other community events that bring extra visitors into the area.

A short drive east of town opens up the broader Lake of the Ozarks region, with its larger resorts, golf courses, and the popular Bagnell Dam Strip about an hour away. Closer to home, the surrounding Ozark woodlands and conservation areas offer hunting, hiking, and fall-color drives that extend the tourist season well beyond peak summer.

For short-term rental investors, Warsaw combines an authentic small-town setting with steady demand from outdoors travelers. Its proximity to Truman Lake, the state park, and the Lake of the Ozarks corridor gives it a year-round draw, while its distance from major cities makes it a natural weekend destination for Kansas City and St. Louis visitors looking for a quieter base on the water.

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