Performance indicators for the Floyd short-term rental market based on reliable data.
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The highest-performing listings in Floyd.
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Generally Investor friendly
STRs are explicitly allowed with a straightforward $50 county registration and 5% TOT, but investors face moderate municipal hurdles: zoning permits, potential conditional-use approvals for B&B in many districts, and CO requirements; plus enforcement penalties and primary-residence limits for homestays. No caps are stated, but the permitting/approval process and compliance obligations raise complexity.
Local STR Agent
STR specialist · Floyd, VA
Floyd, Virginia, is a small, charming town situated in the Blue Ridge Mountains in the southwestern part of the state. As of the most recent census, Floyd has a population of approximately 500 residents, embodying the quaint, small-town atmosphere for which it is known. The town is located roughly 40 miles southwest of Roanoke, VA, making it an accessible getaway for those seeking a peaceful retreat from a larger urban environment.
One of Floyd's key attractions is its rich cultural scene, heavily influenced by Appalachian traditions. A notable landmark is the Floyd Country Store (https://www.floydcountrystore.com/),,) which hosts the famous Friday Night Jamboree, offering live traditional Bluegrass music that draws both locals and tourists alike. The town also boasts the FloydFest music and arts festival (https://www.floydfest.com/),,) held annually and attracting visitors from all over the region.
For nature enthusiasts, Floyd offers the nearby Blue Ridge Parkway (https://www.nps.gov/blri/index.htm),,) one of America's most scenic drives, replete with hiking trails, picnic spots, and breathtaking views. Chateau Morrisette Winery (https://www.thedogs.com/)) is another popular destination, offering locally produced wines and picturesque vineyard tours.
In summary, Floyd, VA, provides a serene and culturally rich experience for short-term rentals, offering a variety of attractions from live music and annual festivals to stunning natural beauty and local wineries. Its proximity to Roanoke makes it an easy and appealing option for a short-term stay in the Blue Ridge Mountains.
