Amherst, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

58 / 100

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$22,176

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$297,666

Median Home Sale Price

Top Earners

$54,015

Top-Earners Revenue

Amherst

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Amherst.

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C

Challenging to Investors

Amherst Regulations

Amherst explicitly allows STRs in commercial and R‑1/R‑2 zones but requires a Special Use Permit with a public hearing, $300 fee, detailed documentation (management plan, fire safety, business license) and ongoing annual reviews; enforcement includes a three‑strike revocation rule and restrictive operational limits, making compliance burdensome for investors.

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About Amherst

Amherst is a small, quiet town serving as the county seat of Amherst County in the central Piedmont of Virginia, nestled in the foothills of the Blue Ridge Mountains. With a population of approximately 2,200, the town has a relaxed, historic small-town character rooted in its 19th-century architecture and its setting amid rolling countryside. Amherst is best known as a gateway to the outdoor recreation of the surrounding Blue Ridge Mountains, the Blue Ridge Parkway, and the James River, which flows nearby. The nearest major city is Lynchburg, situated roughly 15 miles to the south.

The Blue Ridge Parkway traces the crest of the mountains just a few miles west of Amherst, and the nearest scenic overlooks and access ramps are only a short drive from town. This celebrated roadway winds roughly 469 miles from Virginia's Shenandoah National Park to the Great Smoky Mountains in North Carolina, offering travelers panoramic views, hiking trailheads, and a leisurely pace through some of the most scenic terrain in the eastern United States.

A bit further north along the parkway lies the Peaks of Otter recreation area, situated about 30 miles from Amherst. The area is anchored by Sharp Top and Flat Top mountains, with the picturesque Abbott Lake nestled between them. Visitors come for the moderately steep Sharp Top trail, the easy loop around the lake, and the visitor center that interprets the natural and cultural history of the region.

The James River, which cuts through the Blue Ridge just east of Amherst, provides an entirely different kind of outdoor experience within minutes of town. Its bends through the foothills make it a popular destination for tubing, kayaking, and smallmouth bass fishing, and several public river accesses are scattered along the nearby stretch, giving guests a refreshing alternative to a day on the parkway.

A final notable draw is the proximity to the historic and cultural attractions of the greater Piedmont. Monticello, Thomas Jefferson's mountaintop home and one of America's most visited presidential landmarks, is roughly an hour to the northeast near Charlottesville, making it a feasible day trip for visitors staying in the Amherst area.

Amherst makes a compelling base for short-term rentals because of its blend of small-town charm and access to an unusually rich range of regional attractions. Travelers can spend the day hiking a Blue Ridge peak, floating the James, or touring a presidential landmark, then return to a quiet community with easy regional connections, a walkable historic core, and four distinct seasons of mountain scenery that keep the appeal of the area strong throughout the year.

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