Performance indicators for the Cookeville short-term rental market based on reliable data.
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The highest-performing listings in Cookeville.
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Generally Investor friendly
STRs are explicitly allowed in designated zoning districts (RM8, RM14, PRD, CBD, CN, CL, CG, MS, UNV) with a clear structured permitting process. While investors must complete fire inspections, obtain both city and county business licenses, and carry insurance, the requirements are moderate and the city provides comprehensive support resources. The main restriction is the limited zoning areas, but compliance burden remains manageable for qualified properties.
Local STR Agent
STR specialist · Cookeville, TN
Cookeville is a mid-sized city in Putnam County, Tennessee, situated in the heart of the Upper Cumberland region. With a population of approximately 35,000 residents, it carries the easygoing feel of a small college town, anchored by Tennessee Technological University, whose campus contributes a steady stream of energy, dining, and cultural events. The city serves as a regional commercial hub for the surrounding rural communities and is best known as a gateway to some of Middle Tennessee's most scenic waterfalls, state parks, and lake country. Cookeville lies roughly 80 miles east of Nashville and about 100 miles west of Knoxville, making it a convenient midway stop for travelers exploring the state.
Just south of town, Burgess Falls State Park draws visitors with a series of dramatic waterfalls cascading along the Falling Water River, culminating in a 136-foot drop. The park is about a 20-minute drive from the Cookeville square and offers a mix of moderate hiking trails, picnic areas, and overlooks that make it popular with both casual day-trippers and more serious hikers. Its combination of accessibility and scenery makes it one of the area's most reliable year-round attractions.
A short drive to the northwest brings visitors to Cummins Falls State Park, home to one of Tennessee's most photographed waterfalls. The park is best known for the swimming hole at the base of the cascade and a roughly three-mile round-trip hike that descends into a shaded gorge. Because of its popularity, the park uses a permit system to manage access, and it remains a favorite summer destination for residents and tourists from across the region.
To the north, Dale Hollow Lake stretches across the Tennessee-Kentucky border and is widely recognized as a premier destination for smallmouth bass fishing, boating, and lakeside cabin getaways. The drive from Cookeville takes roughly 45 to 60 minutes, and the lake's quiet coves and forested shoreline offer a different rhythm from the waterfall parks. Closer to home, Center Hill Lake sits to the southwest and provides additional options for fishing, paddling, and waterfront camping within about a half hour's drive.
Cookeville's combination of small-town charm, a walkable historic square, a four-season climate, and quick access to waterfalls, lakes, and state parks makes it an appealing base for short-term rental owners. Visitors can spend a morning hiking to a waterfall, an afternoon on the water, and an evening enjoying local restaurants, all without ever leaving the Upper Cumberland region. For travelers looking to experience Tennessee's natural beauty while staying in a genuine, unfussy community, Cookeville offers an inviting alternative to the busier gateway cities.