Berea, KY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

117 / 212

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$20,643

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$241,564

Median Home Sale Price

Top Earners

$35,932

Top-Earners Revenue

Berea

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Berea.

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A

Very Investor friendly

Berea Regulations

STRs are clearly permitted in most residential zones with simple, low-cost registration ($2.50 initial, $100 annual) and no apparent caps, while enforcement is active but predictable and the city’s tone is supportive.

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About Berea

Berea ( bə-REE-ə) is a home rule-class city in Madison County, Kentucky, in the United States. The town is best known for its art festivals, historic restaurants and buildings, and as the home to Berea College, a private liberal arts college. The population was 15,539 at the 2020 census. It is one of the fastest-growing towns in Kentucky, having increased by 27.4% since 2000. Berea is a principal city of the Richmond−Berea Micropolitan Statistical Area, which includes Madison and Rockcastle counties. It was formally incorporated by the state assembly in 1890.

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