Cape Girardeau, MO
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Cape Girardeau short-term rental market based on reliable data.
Listings
85 / 210
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$24,313
Middle-Earners Revenue
Occupancy
61%
Middle-Earners Occupancy
Home Value
$211,753
Median Home Sale Price
Top Earners
$47,564
Top-Earners Revenue
Cape Girardeau
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Cape Girardeau.
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Generally Investor friendly
Cape Girardeau Regulations
STRs are explicitly allowed with a straightforward, documented path—dual city licensing (Residential Rental License + possible Business License), a post‑inspection Certificate of Compliance, and state/local tax registration—without hard caps or complex occupancy rules; the city’s supportive guidance and known enforcement make it moderately manageable rather than prohibitive.
Local STR Agent
STR specialist · Cape Girardeau, MO
About Cape Girardeau
Cape Girardeau ( jirr-AR-doh, French: Cap-Girardeau [kap ʒiʁaʁdo] ; colloquially referred to as "Cape") is a city in Cape Girardeau and Scott Counties in the U.S. state of Missouri. At the 2020 census, the population was 39,540. The city is one of two principal cities of the Cape Girardeau-Jackson, MO-IL Metropolitan Statistical Area, which encompasses Alexander County, Illinois, Bollinger County, Missouri and Cape Girardeau County, Missouri and has a population of 97,517. The sliver of the city located in Scott County is part of the Sikeston Micropolitan Statistical Area, and the entire city forms the core of the Cape Girardeau-Sikeston Combined Statistical Area. The city is the economic center of Southeast Missouri and also the home of Southeast Missouri State University. It is located approximately 100 miles (161 km) southeast of St. Louis and 150 miles (241 km) north of Memphis.