Chincoteague Island, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

330 / 749

Reliable / Active

Revenue

$35,207

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Top Earners

$60,223

Top-Earners Revenue

Chincoteague Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Chincoteague Island.

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A

Very Investor friendly

Chincoteague Island Regulations

Chincoteague explicitly permits STRs citywide with a clear, affordable business license and a standard 5% state TOT plus local taxes, minimal to moderate fees, and no stated caps on STRs; supportive tone and documented compliance process reduce risk.

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About Chincoteague Island

Chincoteague Island, Virginia, is a charming town known for its serene coastal atmosphere, scenic beauty, and abundant wildlife. Located in Accomack County on Virginia's Eastern Shore, the island boasts a small yet vibrant community with a population of approximately 3,000 residents. It lies about 120 miles from the nearest major city, Virginia Beach, making it an attractive getaway destination.

The appeal of Chincoteague Island for short-term rentals is centered on its unique attractions and well-preserved natural environment. Chief among its landmarks is the Chincoteague National Wildlife Refuge, home to the famous Chincoteague ponies. More information can be found on the U.S. Fish and Wildlife Service website: Chincoteague National Wildlife Refuge.

Another significant attraction is the Assateague Island National Seashore, which offers pristine beaches, scenic trails, and opportunities for bird watching and other outdoor activities. Visitors can find more details at the National Park Service website: Assateague Island National Seashore.

Additionally, the historic Assateague Lighthouse, built in 1867, is a notable landmark providing panoramic views of the island and surrounding waters. Information about visiting can be found on the Lighthouse Friends page: Assateague Lighthouse.

Chincoteague Island's allure is further enhanced by its quaint downtown area, which features charming shops, seafood restaurants, and cultural events. With its friendly community, picturesque settings, and proximity to major natural reserves, Chincoteague Island represents an idyllic destination for short-term rentals.

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