Amherst, VA

Key Performance Metrics

Market snapshot

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

Listings

55 / 108

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$23,575

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$282,888

Median Home Sale Price

Top Earners

$52,051

Top-Earners Revenue

Amherst

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Amherst.

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C

Challenging to Investors

Amherst Regulations

Amherst explicitly allows STRs in commercial and R‑1/R‑2 zones but requires a Special Use Permit with a public hearing, $300 fee, detailed documentation (management plan, fire safety, business license) and ongoing annual reviews; enforcement includes a three‑strike revocation rule and restrictive operational limits, making compliance burdensome for investors.

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About Amherst

Amherst (formerly Dearborn) is a town in Amherst County, Virginia, United States. The population was 2,231 at the 2010 census. It is the county seat of Amherst County.Amherst is part of the Lynchburg Metropolitan Statistical Area.