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Airbnb City Guide: The Best Places To Invest in Augusta-Richmond County, Georgia
Written by:
Jeremy Werden
April 24, 2024
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Airbnb Rules and Regulations in Augusta-Richmond County, Georgia
As of 2024, Augusta-Richmond County has implemented a set of regulations governing short-term rentals to ensure a balance between the interests of hosts, guests, and the local community. Operators are required to obtain a business license and pay an annual fee, which varies based on the type of rental property. The county also mandates that hosts maintain a minimum of $500,000 in liability insurance coverage.
Short-term rentals are limited to a maximum of 180 days per calendar year, with stays not exceeding 30 consecutive days. Hosts must provide off-street parking for guests and ensure that the property adheres to all applicable building, health, and safety codes. Additionally, the ordinance prohibits using short-term rentals for special events or gatherings that exceed the property's maximum occupancy. Failure to comply with these regulations may result in fines or the revocation of the operator's business license.
Augusta-Richmond County Airbnb Market Data:
- Average Revenue – $51.7K per year
- Average Daily Rate – $345.2 per night
- Average Occupancy Rate – 41%
- Average RevPAR – $126.7
- Average Home Prices – $171,060
1. Top Place to Invest in Augusta-Richmond County, Georgia - Windsor Forest
Nestled in the heart of Augusta-Richmond County, Windsor Forest is a charming and vibrant neighborhood that has captured the attention of savvy Airbnb investors. With its prime location, attractive amenities, and growing popularity among visitors, Windsor Forest offers a compelling investment opportunity for those seeking to capitalize on the thriving short-term rental market.
Windsor Forest Airbnb Market Data:
- Average Revenue – $44.8K per year
- Average Daily Rate – $292.2 per night
- Average Occupancy Rate – 42%
- Average RevPAR – $106
Convenience - 8/10
Windsor Forest's central location within Augusta-Richmond County makes it incredibly convenient for residents and visitors. The neighborhood is situated just minutes from downtown Augusta, providing easy access to major highways, public transportation, and a wide array of shopping, dining, and entertainment options. From grocery stores and pharmacies to trendy cafes and boutiques, Windsor Forest has everything you need within reach. This wide selection of shops presents a great opportunity to add value to your rental by exploring potential local partnerships or collaborations and giving exclusive promotions to your guests.
Tourist Attractions - 7/10
While Windsor Forest is primarily a residential area, it is surrounded by many tourist attractions that draw visitors from far and wide. The nearby Augusta Riverwalk is a popular destination, offering stunning views of the Savannah River and a variety of shops, restaurants, and entertainment venues. Other notable attractions include the Augusta Museum of History, the Morris Museum of Art, and the James Brown Arena, which hosts a range of concerts and sporting events throughout the year.
Things to Do - 8/10
One of Windsor Forest's greatest strengths is its diverse array of local amenities and activities. The neighborhood boasts several beautiful parks, including Windsor Spring Park and Pendleton King Park, which offer walking trails, playgrounds, and picnic areas. Residents and visitors can also enjoy a round of golf at one of the nearby courses, such as the Augusta Municipal Golf Course or the Forest Hills Golf Club. With its mix of outdoor recreation, cultural attractions, and local events, Windsor Forest offers something for everyone.
Average Home Prices - 7/10
According to Zillow, the median home value in Windsor Forest as of 2024 is $145,000, representing a modest 2.1% appreciation rate over the past year. While this may be lower than some other neighborhoods in Augusta-Richmond County, it is important to note that Windsor Forest's affordability, prime location, and strong rental demand make it an attractive option for investors. As the area continues to grow and develop, investors can expect to see steady appreciation and solid rental returns.
Proximity to Work-Related Travel - 8/10
Windsor Forest's central location within Augusta-Richmond County makes it an ideal base for those who frequently travel for work. The neighborhood is just a short drive from major employers such as the Augusta University Medical Center, the Charlie Norwood VA Medical Center, and the Augusta National Golf Club, home of the prestigious Masters Tournament. The Augusta Regional Airport is also easily accessible, making it convenient for business travelers and tourists alike.
X-Factor - 8/10
What sets Windsor Forest apart is its unique blend of small-town charm and urban convenience. The neighborhood's tree-lined streets, well-maintained homes, and friendly community create a welcoming atmosphere that appeals to both residents and visitors. At the same time, Windsor Forest's proximity to downtown Augusta and its many attractions ensures that guests have easy access to a larger city's excitement and amenities. This perfect balance of tranquility and convenience makes Windsor Forest a highly desirable destination for Airbnb and short-term rental guests.
2. Top Place to Invest in Augusta-Richmond County, Georgia - Tanglewood
Tanglewood, a hidden gem in Augusta-Richmond County, is quickly becoming a sought-after destination for those aspiring to start an Airbnb business. This picturesque neighborhood offers a perfect blend of suburban tranquility and urban convenience, making it an attractive option for those looking to capitalize on the growing vacation rental market in the area.
Tanglewood Airbnb Market Data:
- Average Revenue – $62.1K per year
- Average Daily Rate – $425.3 per night
- Average Occupancy Rate – 40%
- Average RevPAR – $153.7
Convenience - 7/10
Situated just a short drive from downtown Augusta, Tanglewood provides easy access to the city's major attractions and amenities. The neighborhood is well-connected by major highways and public transportation, allowing visitors to easily explore the region. While not as centrally located as some other areas, Tanglewood still offers a good balance of accessibility and suburban charm.
Tourist Attractions - 6/10
Although Tanglewood is primarily a residential area, it is close to several notable tourist attractions. The Augusta Canal National Heritage Area, a popular destination for history buffs and outdoor enthusiasts, is just a short drive away. Visitors can also explore the Augusta Museum of History, the Morris Museum of Art, and the Lucy Craft Laney Museum of Black History, all of which offer fascinating insights into the region's rich cultural heritage.
Things to Do - 7/10
Tanglewood boasts a variety of local amenities and activities that cater to both residents and visitors. The neighborhood is home to several well-maintained parks, including Tanglewood Park and Pendleton King Park, which offer walking trails, playgrounds, and picnic areas. Golf enthusiasts will appreciate the nearby Augusta Municipal Golf Course, while foodies can explore the diverse array of local restaurants and cafes in the area.
Average Home Prices - 8/10
According to Zillow, the median home value in Tanglewood as of 2024 is $165,000, with a modest 1.9% appreciation rate over the past year. This relatively affordable price point, combined with the neighborhood's growing popularity and potential for development, makes it an attractive option for investors looking to enter the Augusta-Richmond County market. As more visitors discover the charms of Tanglewood, demand for short-term rentals in the area is likely to increase, providing a solid return on investment for savvy investors.
Proximity to Work-Related Travel - 7/10
While Tanglewood is not as centrally located as some other neighborhoods in Augusta-Richmond County, it still offers reasonable access to major work-related destinations. The Augusta University Medical Center and the Charlie Norwood VA Medical Center are both within a 20-minute drive, making it a convenient base for medical professionals and visitors. The Augusta Convention Center and the James Brown Arena are also easily accessible, although the commute may be slightly longer than from more central locations.
X-Factor - 8/10
What sets Tanglewood apart is its unique blend of suburban charm and natural beauty. The neighborhood is known for its well-maintained homes, manicured lawns, and tree-lined streets, creating a peaceful and inviting atmosphere for visitors. Tanglewood's proximity to parks and green spaces also makes it an attractive destination for those seeking a more relaxed and nature-oriented experience. As more travelers look for alternatives to crowded urban centers, Tanglewood's tranquil setting and local charm are likely to appeal to a growing number of Airbnb and short-term rental guests.
3. Top Place to Invest in Augusta-Richmond County, Georgia - Brookfield West
Brookfield West, a thriving suburban neighborhood in Augusta-Richmond County, has emerged as a top contender for Airbnb and short-term rental investments. With its prime location, attractive amenities, and growing popularity among visitors, Brookfield West offers a unique opportunity for savvy investors looking to capitalize on the burgeoning vacation rental market in the area.
Brookfield West Airbnb Market Data:
- Average Revenue – $77.3K per year
- Average Daily Rate – $492.2 per night
- Average Occupancy Rate – 43%
- Average RevPAR – $203.4
Convenience - 8/10
Brookfield West's greatest strength is its convenient location within Augusta-Richmond County. Situated just a short drive from downtown Augusta, the neighborhood offers easy access to major highways, public transportation, and a wide range of shopping, dining, and entertainment options. From grocery stores and pharmacies to popular restaurants and retail centers, Brookfield West has everything you need within a short distance.
Tourist Attractions - 7/10
While Brookfield West is primarily a residential area, it is surrounded by various tourist attractions that draw visitors from far and wide. The nearby Augusta Canal National Heritage Area is a popular destination for history buffs and outdoor enthusiasts, offering guided tours, boat rides, and hiking trails. Other notable attractions include the Augusta Museum of History, the Morris Museum of Art, and the James Brown Arena, which hosts a range of concerts and sporting events throughout the year.
Things to Do - 8/10
Brookfield West boasts a diverse array of local amenities and activities that cater to both residents and visitors. The neighborhood is home to several well-maintained parks, including Brookfield Park and Patriot's Park, which offer walking trails, playgrounds, and picnic areas. Golf enthusiasts will appreciate the nearby Forest Hills Golf Club and the Augusta Municipal Golf Course, while nature lovers can explore the scenic trails at Phinizy Swamp Nature Park.
Average Home Prices - 7/10
According to Zillow, the median home value in Brookfield West as of 2024 is $220,000, representing a steady 2.3% appreciation rate over the past year. While this may be higher than some other neighborhoods in Augusta-Richmond County, it is important to note that Brookfield West's prime location, attractive amenities, and strong rental demand make it a compelling investment opportunity. As the area continues to grow and develop, investors can expect to see solid appreciation and healthy rental returns.
Proximity to Work-Related Travel - 8/10
Brookfield West's central location within Augusta-Richmond County makes it an ideal base for those who frequently travel for work. The neighborhood is just a short drive from major employers such as the Augusta University Medical Center, the Charlie Norwood VA Medical Center, and the Augusta National Golf Club, home of the prestigious Masters Tournament. The Augusta Regional Airport is also easily accessible, making it convenient for business travelers and tourists alike.
X-Factor - 8/10
Brookfield West's perfect blend of suburban comfort and urban convenience sets it apart. The neighborhood's well-maintained homes, tree-lined streets, and friendly community create a welcoming atmosphere that appeals to both residents and visitors. At the same time, Brookfield West's proximity to downtown Augusta and its many attractions ensures that guests have easy access to a larger city's excitement and amenities. This ideal balance of tranquility and convenience makes Brookfield West a highly desirable destination for Airbnb and short-term rental guests.
3. Top Place to Invest in Augusta-Richmond County, Georgia - Downtown
Downtown Augusta is a vibrant, thriving area that perfectly blends Southern charm and urban amenities. With its rich history, diverse attractions, and growing visitor popularity, Downtown presents an enticing opportunity for astute short-term rental investors looking to capitalize on the city's flourishing tourism industry.
Downtown Airbnb Market Data:
- Average Revenue – $27.4K per year
- Average Daily Rate – $187.9 per night
- Average Occupancy Rate – 40%
- Average RevPAR – $65.2
Convenience - 9/10
One of Downtown's most significant advantages is its unparalleled convenience. Centrally located and well-connected, the area offers easy access to major highways, public transportation, and the Augusta Regional Airport. Visitors can easily explore the city's top attractions on foot or by using the convenient and affordable Augusta Transit system, which serves the downtown area and beyond.
Tourist Attractions - 8/10
Downtown Augusta boasts an impressive array of tourist attractions that cater to a wide range of interests. History enthusiasts can delve into the past at the Augusta Museum of History, the Lucy Craft Laney Museum of Black History, or the Boyhood Home of President Woodrow Wilson. Art lovers will appreciate the Morris Museum of Art and the numerous galleries scattered throughout the area. The Riverwalk, a beautifully landscaped park along the Savannah River, is a must-visit destination for outdoor enthusiasts and those seeking a scenic respite from the bustling city.
Things to Do - 9/10
From cultural pursuits to outdoor adventures, Downtown offers an abundance of activities for visitors of all ages. Attend a live performance at the historic Imperial Theatre, catch a baseball game at the Lake Olmstead Stadium, or explore the Augusta Market at the River, a lively open-air market featuring local artisans and vendors. Foodies will delight in the diverse culinary scene, with options ranging from traditional Southern cuisine to international flavors. With its eclectic mix of museums, parks, and entertainment options, Downtown ensures that there's never a dull moment.
Average Home Prices - 7/10
According to Zillow, the average home value in Downtown Augusta as of 2024 is $180,000, representing a modest 2.5% appreciation rate over the past year. While prices may be higher than in some other neighborhoods, the area's prime location, strong rental demand, and potential for growth make it an attractive option for investors. As Downtown continues to evolve and attract new businesses and residents, the long-term outlook for property values remains positive.
Proximity to Work-Related Travel - 9/10
Downtown's central location easily makes it one of the best places for a corporate rental, providing quick access for business travelers and those attending conferences or events. The Augusta Convention Center, a state-of-the-art facility hosting a wide range of corporate gatherings and exhibitions, is conveniently situated in the heart of Downtown. Major hospitals, such as the University Hospital and the Augusta University Medical Center, are also easily accessible. For those in town for sporting events, the James Brown Arena and the Augusta GreenJackets' SRP Park are just a short drive away.
X-Factor - 8/10
Its unique blend of history, culture, and Southern hospitality sets Downtown apart. The area's beautifully preserved 19th-century architecture, modern amenities, and vibrant atmosphere create a unique experience for visitors. From the friendly locals to the mouth-watering cuisine, Downtown Augusta offers an authentic taste of the South that keeps guests coming back for more. As the city continues to invest in its core, the potential for Downtown to become an even more desirable destination is immense.
5. Top Place to Invest in Augusta-Richmond County, Georgia - Apple Valley
Apple Valley, a hidden gem nestled in the heart of Augusta-Richmond County, is quickly becoming a sought-after destination for Airbnb and short-term rental investors. With its unique blend of rural charm, convenient location, and growing popularity among visitors, Apple Valley offers an exciting opportunity for those looking to capitalize on the area's burgeoning tourism industry.
Apple Valley Airbnb Market Data:
- Average Revenue – $19.5K per year
- Average Daily Rate – $152.7 per night
- Average Occupancy Rate – 35%
- Average RevPAR – $47.8
Convenience - 6/10
While Apple Valley is not as centrally located as some other neighborhoods in Augusta-Richmond County, it still offers reasonable access to the city's amenities and attractions. The neighborhood is situated just a short drive from major highways, making it easy for visitors to explore the surrounding areas. However, public transportation options are limited, and guests may need to rely on personal vehicles or ride-sharing services to get around.
Tourist Attractions - 5/10
As a primarily residential area, Apple Valley itself does not boast a wide array of tourist attractions. However, the neighborhood's proximity to natural beauty and outdoor recreation opportunities makes it an appealing destination for visitors seeking a more laid-back and nature-oriented experience. The nearby Phinizy Swamp Nature Park and the Augusta Canal National Heritage Area offer hiking trails, wildlife viewing, and scenic beauty just a short drive from Apple Valley.
Things to Do - 6/10
While Apple Valley may not have the same abundance of entertainment options as more urban areas, it still offers a variety of activities for residents and visitors alike. The neighborhood is home to several parks, including Apple Valley Park and Brookfield Park, which provide opportunities for picnicking, playing, and relaxing in a natural setting. Golf enthusiasts will appreciate the nearby Gordon Lakes Golf Course, while foodies can explore the local dining scene, which includes a mix of casual eateries and farm-to-table restaurants.
Average Home Prices - 8/10
According to Zillow, the median home value in Apple Valley as of 2024 is $150,000, with a modest 1.5% appreciation rate over the past year. This relatively affordable price point, combined with the neighborhood's growing popularity and potential for development, makes it an attractive option for investors looking to enter the Augusta-Richmond County market. As more visitors discover the charms of Apple Valley, demand for short-term rentals in the area is likely to increase, providing a solid return on investment for savvy investors.
Proximity to Work-Related Travel - 5/10
Apple Valley's location on the outskirts of Augusta-Richmond County means that it may not be the most convenient base for those frequently traveling for work. The neighborhood is situated approximately 30 minutes from major employers such as the Augusta University Medical Center and the Charlie Norwood VA Medical Center, and even further from the Augusta Convention Center and the James Brown Arena. However, the commute may be a worthwhile trade-off for visitors who prioritize a more rural and peaceful setting.
X-Factor - 7/10
What sets Apple Valley apart is its unique blend of rural charm and natural beauty. The neighborhood's rolling hills, lush green spaces, and quiet streets create a peaceful and inviting atmosphere that appeals to visitors seeking a break from the hustle and bustle of city life. Apple Valley's proximity to outdoor recreation opportunities, such as hiking trails and nature preserves, makes it an attractive destination for those who enjoy nature. As more travelers seek out authentic, off-the-beaten-path experiences, Apple Valley's rustic charm and tranquil setting may prove to be a significant draw.
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Reveal any property's Airbnb and Long-Term rental profitability
Buy this property and list it on Airbnb.