Radford, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Radford short-term rental market based on reliable data.
Listings
87 / 168
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$34,059
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$255,854
Median Home Sale Price
Top Earners
$67,361
Top-Earners Revenue
Radford
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Radford.
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Challenging to Investors
Radford Regulations
STRs are allowed but require a Special Use Permit, public hearing, registration, and a 7% lodging tax; as of early 2023, regulations were still being developed, creating uncertainty around permit fees, operational caps, and enforcement.
Local STR Agent
STR specialist · Radford, VA
About Radford
Radford (formerly Lovely Mount, Central City, English Ferry and Ingle's Ferry) is an independent city in the U.S. state of Virginia. As of 2020, the population was 16,070 by the United States Census Bureau. For statistical purposes, the Bureau of Economic Analysis combines the city of Radford with neighboring Montgomery County. Radford is included in the Blacksburg–Christiansburg metropolitan area. Radford is the home of Radford University. Despite its name, the Radford Arsenal, historically a major employer of city residents, is in neighboring Pulaski and Montgomery counties. Radford City has four schools: McHarg Elementary, Belle Heth Elementary, Dalton Intermediate, and Radford High School.