Performance indicators for the Springfield short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Springfield.
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Challenging to Investors
STRs are not allowed by right citywide; lodging uses must fit a permitted zoning category or obtain a CUP/variance, which adds hearings, potential neighbor conditions, and extra permits (business, health, building, taxes). This zoning‑dependent pathway creates uncertainty and compliance burden, especially in residential districts where STRs are often prohibited by right.
Local STR Agent
STR specialist · Springfield, KY
Springfield is a home rule-class city in and county seat of Washington County, Kentucky, United States. The population was 2,846 at the 2020 census.