Manchester, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

33 / 78

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$21,040

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$327,292

Median Home Sale Price

Top Earners

$46,246

Top-Earners Revenue

Manchester

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Manchester.

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B

Generally Investor friendly

Manchester Regulations

Short-term rentals are permitted through hotel/motel frameworks, requiring business licenses, hotel/motel and sales tax registration, and compliance with building/fire/health codes and zoning; costs and complexity are moderate with no caps or bans, though the lack of a dedicated STR ordinance creates some compliance uncertainty.

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About Manchester

Manchester is a small city in Coffee County in middle Tennessee, with a population of roughly 10,000 to 11,000 residents. The community has a quiet, rural character typical of southern Middle Tennessee, surrounded by rolling farmland, small lakes, and hardwood forest. Manchester is best known internationally as the home of the Bonnaroo Music and Arts Festival, an annual four-day event that draws tens of thousands of visitors each June. The city also serves as a convenient gateway to the broader Highland Rim and Cumberland Plateau region, including nearby state parks, distilleries, and the George Dickel and Jack Daniel's whiskey-making traditions. It sits approximately 65 miles southeast of Nashville and roughly 80 to 90 miles northwest of Chattanooga, making it a reasonable stopover between the state's two largest metropolitan areas.

Just minutes from the center of town, Old Stone Fort State Archaeological Park preserves a 2,000-year-old Native American ceremonial enclosure built on a peninsula at the confluence of the Big Duck and Little Duck rivers. The park features roughly 1.5 miles of walking trails along the original earthwork walls, a small museum, and a pleasant setting for picnicking and bird-watching, and it is one of the largest and most intact pre-Columbian earthworks in the United States.

About 25 to 30 minutes north of Manchester, the Jack Daniel's Distillery in the small town of Lynchburg offers daily tours of one of the world's most famous whiskey-making operations, complete with tastings, a visitor center, and a walk through the historic charcoal-mellowing process. Lynchburg itself is a charming small town with a town square, local restaurants, and the nearby Miss Mary Bobo's Boarding House, a long-running Southern dining institution that pairs traditional meals with distillery history.

Roughly 20 to 25 minutes south of Manchester, Tims Ford State Park wraps around a 10,700-acre lake on the Elk River and offers swimming, boating, fishing, a golf course, cabins, and a marina. It is one of the most popular outdoor recreation areas in the region and a strong draw for visitors looking to combine a Bonnaroo weekend or a distillery tour with a few days of hiking, paddling, or lakeside relaxation.

Together, these features make Manchester a compelling base for short-term rentals. The Bonnaroo crowd alone fills local lodging for several weeks each year, while the surrounding distilleries, archaeological sites, and lake recreation give year-round travelers multiple reasons to visit. With Nashville and Chattanooga both within an easy drive, the city offers a quiet, affordable Middle Tennessee stay with a surprising amount to do nearby.

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