Berlin, MD

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

56 / 114

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$23,389

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$434,987

Median Home Sale Price

Top Earners

$76,162

Top-Earners Revenue

Berlin

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Berlin.

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C

Challenging to Investors

Berlin Regulations

STRs are explicitly permitted with a defined licensing system and reasonable fees, but market saturation, a high rejection rate (only 4/14 approved by Mar 2023), and a competitive approval process create practical limits. Primary-residence rules for R-1/R-2, extensive documentation, inspections, parking, occupancy and event restrictions, and strict penalties add significant operational burden and uncertainty for investors.

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About Berlin

Berlin, Maryland is a small, charming town located in Worcester County, with a population of approximately 4,500 residents. It is situated about 10 miles west of Ocean City, MD, which serves as the closest major city. The town has gained appeal for short-term rentals due to its picturesque setting, rich history, and vibrant local culture.

Berlin is known for its well-preserved historic downtown area, which has been recognized as one of America’s best small towns. The town boasts over 47 structures on the National Register of Historic Places. One of the most iconic landmarks in Berlin is the Atlantic Hotel, established in 1895, which offers a glimpse into the town's storied past (visit: https://atlantichotel.com/)..)

Another popular attraction is the Calvin B. Taylor House Museum, which provides insights into 19th-century life in Berlin and the surrounding area (more information: https://taylorhousemuseum.org/)..)

Visitors and short-term renters can also enjoy the natural beauty and recreational opportunities at the nearby Assateague Island National Seashore, famous for its wild horses and pristine beaches (learn more: https://www.nps.gov/asis/index.htm)..)

Economic activity in Berlin is supported by a variety of local shops, art galleries, and restaurants, many of which are located within walking distance of the downtown area. Additionally, the town hosts several annual events and festivals that attract visitors from the surrounding region.

Overall, Berlin, MD offers a unique blend of historical charm, cultural richness, and convenient access to coastal attractions, making it an appealing destination for short-term rentals.

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