Airbnb City Guide: The Best Places To Invest in Columbus, Georgia

Airbnb Rules and Regulations in Columbus, Georgia

Columbus, Georgia, has implemented specific regulations for short-term rentals. Hosts must obtain a Short-Term Rental Permit and a Certificate of Occupancy from the city's Inspections & Code Office. Additionally, a business license for Short Term Vacation Rental is mandatory. The city limits occupancy to two guests per bedroom plus one extra occupant per unit, aiming to maintain neighborhood character. Hosts should familiarize themselves with zoning restrictions, especially in historic districts.

Columbus imposes an 8% hotel-motel tax on short-term rentals, ensuring guests contribute to the city's growth. Failure to comply with regulations may result in fines or cessation of operations. Responsible hosting entails adhering to occupancy limits, noise control, adequate parking provisions, and maintaining detailed records. Hosts must also furnish emergency contact information to guests for a seamless experience. Overall, Columbus strives to strike a balance between promoting the vacation rental industry and preserving residential communities' harmony.

Columbus Airbnb Market Data:

• Average Revenue – $34.8K per year
• Average Daily Rate – $164.6 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $96.8
• Average Home Prices – $159,748

1. Top Place to Invest in Columbus, Georgia - Downtown

Columbus, Georgia's vibrant downtown area, is a hidden gem for real estate investors. With its unique blend of history, culture, and modern amenities, downtown Columbus offers a compelling opportunity for those looking to start investing in Airbnb properties.

Downtown Airbnb Market Data:

• Average Revenue – $31K per year
• Average Daily Rate – $143.6 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $84

Convenience - 7/10

Downtown Columbus provides a convenient lifestyle for residents and visitors alike. The area is walkable, with many restaurants, shops, and attractions within easy reach. Public transportation is available, although it may not be as extensive as in larger cities. Parking can be a challenge during peak times, but overall, downtown Columbus offers a good level of convenience.

Tourist Attractions - 8/10

The downtown area boasts a variety of tourist attractions that draw visitors from near and far. The Chattahoochee RiverWalk, a 22-mile linear park, is popular for hiking, biking, and fishing. The Coca-Cola Space Science Center and the National Civil War Naval Museum offer unique educational experiences. Additionally, the Springer Opera House, a historic theater, hosts a range of performances throughout the year.

Things to Do - 8/10

Downtown Columbus offers a wide array of activities for all ages and interests. The area is home to numerous restaurants, bars, cafes, boutique shops, and art galleries. The RiverCenter for the Performing Arts hosts concerts, plays, and other events. For outdoor enthusiasts and fitness-focused getaways, the Chattahoochee River provides whitewater rafting, kayaking, and paddleboarding opportunities.

Average Home Prices - 7/10

According to Zillow, the typical home value in Columbus, Georgia, as of April 2024, is $159,748, representing a 6.8% increase over the past year. The average home goes pending in around 15 days. While these prices are relatively affordable compared to other cities, the appreciation rate is moderate. Investors should carefully consider the potential for long-term growth when making purchasing decisions, and they could aid their decision using short-term rental calculators.

Proximity to Work-Related Travel - 8/10

Downtown Columbus is well-positioned for work-related travel. The area is home to several major employers, including Aflac, Synovus, and TSYS. The Columbus Georgia Convention & Trade Center hosts numerous conferences and events throughout the year, drawing business travelers to the area. Additionally, the Columbus Airport is just a short drive from downtown, providing easy access for those traveling by air.

X-Factor - 9/10

What sets downtown Columbus apart is its unique blend of history and modernity. The area has undergone significant revitalization recently, with historic buildings repurposed into trendy lofts, restaurants, and shops. The result is a vibrant, eclectic atmosphere that appeals to both locals and visitors. The downtown area also hosts a variety of festivals and events throughout the year, adding to its charm and appeal.

2. Top Place to Invest in Columbus, Georgia - Midtown

Midtown Columbus is a hidden gem for real estate investors seeking a vibrant, centrally-located neighborhood with untapped potential. This charming area, spanning six square miles, offers a unique blend of residential neighborhoods, cultural attractions, and convenient amenities, making it an attractive option for short-term rental investments.

Midtown Airbnb Market Data:

• Average Revenue – $41.3K per year
• Average Daily Rate – $191.8 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $113.6

Convenience - 7/10

Midtown Columbus provides a convenient location for both residents and visitors. The area is 10 kilometers north of Fort Benning and easily accessible via I-185. While public transportation options are limited, the neighborhood's walkability and proximity to essential amenities make it a desirable choice for those seeking a balance between urban living and a quieter, more residential atmosphere.

Tourist Attractions - 6/10

Midtown Columbus is home to several notable attractions, including the Columbus Museum and the Columbus Public Library. These cultural institutions draw visitors interested in exploring the city's history and arts scene. However, compared to other areas of Columbus, Midtown may not be the primary destination for tourists seeking a wide variety of activities and entertainment options.

Things to Do - 5/10

While Midtown Columbus offers some recreational opportunities, such as the Columbus Aquatic Center and nearby cycling trails like the Fall Line Trace and the Riverwalk, the area may not have the same abundance of dining, shopping, and entertainment options as other more bustling neighborhoods. Investors should consider the target demographic and their preferences when evaluating the potential for short-term rentals in this area.

Average Home Prices - 8/10

According to Zillow, the typical home value in Midtown Columbus is $245,000 as of April 2024. This relatively affordable price point and the area's appreciation potential make it an attractive option for investors. While specific data on appreciation rates for Midtown is limited, the overall home values in Columbus have increased by 6.8% over the past year, suggesting a positive trend for the real estate market.

Proximity to Work-Related Travel - 7/10

Midtown Columbus is well-positioned for work-related travel, with its proximity to major employers like Aflac, which has its international headquarters in the neighborhood. The area is also conveniently located near healthcare facilities, such as Piedmont Columbus Regional, which is undergoing renovations and expansions at its Midtown location. However, the neighborhood may not be as close to convention centers and sports venues as other parts of the city.

X-Factor - 7/10

Its unique blend of residential charm and urban convenience sets Midtown Columbus apart. The neighborhood's tree-lined streets and historic architecture create a welcoming atmosphere, while its central location and growing amenities make it an increasingly desirable place to live and invest. As the area continues to develop and attract new residents and businesses, investors may find opportunities to capitalize on the neighborhood's potential.

3. Top Place to Invest in Columbus, Georgia - Bibb City

Nestled along the banks of the Chattahoochee River, Bibb City is a hidden gem for real estate investors seeking an affordable, up-and-coming neighborhood in Columbus, Georgia. This former mill town offers a unique blend of history, charm, and untapped potential for short-term rental investments.

Bibb City Airbnb Market Data:

• Average Revenue – $33K per year
• Average Daily Rate – $158.5 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $90.4

Convenience - 5/10

Bibb City's location provides a mix of convenience and seclusion. While the neighborhood itself may lack some amenities, its proximity to the Chattahoochee RiverWalk and downtown Columbus offers easy access to essential services and attractions. However, the area's walkability and public transportation options are limited, which could be a drawback for some visitors.

Tourist Attractions - 6/10

Although Bibb City may not be a primary tourist destination, its rich history and proximity to the Chattahoochee River offer unique appeal. The RiverWalk, a 15-mile linear park, is a popular spot for outdoor enthusiasts, while nearby attractions like the National Civil War Naval Museum and the Columbus Museum provide cultural and educational experiences.

Things to Do - 6/10

Bibb City's main draw is its access to outdoor recreation along the Chattahoochee River. Visitors can enjoy activities such as fishing, walking, and cycling on the RiverWalk. However, the neighborhood itself may not offer a wide variety of dining, shopping, or entertainment options, which could limit its appeal for some short-term renters.

Average Home Prices - 9/10

One of Bibb City's most attractive features for investors is its affordability. According to Zillow, the typical home value in Columbus is $159,748 as of 2024, representing a 6.8% increase over the past year. However, Bibb City's median real estate price is significantly lower at $35,383, making it an appealing option for investors seeking high rental yields at low startup costs.

Proximity to Work-Related Travel - 6/10

Bibb City's location may not be ideal for all work-related travel, but it does offer some advantages. The neighborhood is situated just 10 kilometers north of Fort Benning, making it a potential option for military-related stays. However, its distance from major hospitals, convention centers, and sports venues could be a drawback for some business travelers.

X-Factor - 7/10

What sets Bibb City apart is its unique history and potential for transformation. As a former mill town, the neighborhood has a distinct character and charm that could appeal to visitors seeking an authentic, off-the-beaten-path experience. With the right investments and marketing, Bibb City could capitalize on its riverfront location and proximity to downtown Columbus to attract a niche market of short-term renters.

4. Top Place to Invest in Columbus, Georgia - Nankipooh

Nankipooh, a charming residential subdivision in Columbus, Georgia, has emerged as a hidden gem for real estate investors seeking affordable properties with untapped potential. This quaint community, nestled in the heart of Muscogee County, offers a unique blend of convenience, history, and investment opportunities for those looking to enter the short-term rental market.

Nankipooh Airbnb Market Data:

• Average Revenue – $37.8K per year
• Average Daily Rate – $164.4 per night
• Average Occupancy Rate – 63%
• Average RevPAR – $103.5

Convenience - 6/10

Nankipooh's location provides a balance of accessibility and seclusion. Situated just 10 kilometers north of Fort Benning, the neighborhood is easily accessible via major highways, including I-185. While public transportation options may be limited, the area's proximity to essential amenities and downtown Columbus makes it a convenient choice for both residents and visitors.

Tourist Attractions - 5/10

While Nankipooh itself may not be a primary tourist destination, its proximity to various attractions in Columbus adds to its appeal. Visitors can explore the city's rich history at the National Civil War Naval Museum or immerse themselves in the arts at the Columbus Museum. The nearby Chattahoochee RiverWalk offers outdoor enthusiasts a chance to enjoy scenic views and recreational activities.

Things to Do - 5/10

Nankipooh's main draw lies in its quiet residential atmosphere, which may not offer an abundance of dining, shopping, or entertainment options within the neighborhood itself. However, its location allows easy access to the diverse range of activities and events in the greater Columbus area, from whitewater rafting on the Chattahoochee River to attending performances at the RiverCenter for the Performing Arts.

Average Home Prices - 8/10

One of Nankipooh's most attractive features for investors is its affordability. According to Zillow, the typical home value in Columbus is $159,748 as of 2024, representing a 6.8% increase over the past year. While specific data for Nankipooh is limited, the neighborhood's median real estate prices are likely to be lower than the city average, presenting an opportunity for investors to acquire properties with high rental yield potential.

Proximity to Work-Related Travel - 7/10

Nankipooh's location offers a mixed bag for work-related travel. Its proximity to Fort Benning makes it an attractive option for military personnel and contractors. However, the neighborhood may not be as conveniently located for those frequently traveling to hospitals, convention centers, or sports venues in other parts of the city.

X-Factor - 7/10

What sets Nankipooh apart is its potential for transformation and its unique history. As a lesser-known neighborhood with affordable properties, it presents an opportunity for investors to be part of a community's growth and revitalization. The area's intriguing name, derived from a character in Gilbert and Sullivan's "The Mikado," adds a touch of charm and distinctiveness that could appeal to a niche market of short-term renters seeking an authentic, off-the-beaten-path experience.

5. Top Place to Invest in Columbus, Georgia - East Columbus

East Columbus, a vibrant and diverse area, offers a unique blend of urban living and suburban charm, making it an attractive option for real estate investors seeking short-term rental opportunities.

East Columbus Airbnb Market Data:

• Average Revenue – $37.3K per year
• Average Daily Rate – $179.4 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $105.5

Convenience - 7/10

East Columbus boasts a convenient location, with easy access to major highways and public transportation. While some neighborhoods may be more walkable than others, the area's proximity to essential amenities and services ensures a comfortable living experience for residents and visitors alike.

Tourist Attractions - 6/10

While East Columbus may not be a primary tourist destination, it offers various attractions catering to diverse interests. The Columbus Museum, for instance, showcases an impressive collection of art and historical artifacts, while the Coca-Cola Space Science Center provides an educational and entertaining experience for visitors of all ages.

Things to Do - 7/10

East Columbus offers a wide range of activities and entertainment options. There is something for everyone, from local parks and recreational facilities to shopping centers and dining establishments. The area's vibrant arts scene, including live music venues and community events, adds to its appeal.

Average Home Prices - 8/10

According to Zillow, the typical home value in Columbus, Georgia, as of April 2024, is $159,748, representing a 6.8% increase over the past year. While specific data for East Columbus is limited, the area's median real estate prices are likely to be comparable to the city average, presenting an attractive opportunity for investors seeking to purchase affordable properties and transform them into Airbnbs.

Proximity to Work-Related Travel - 8/10

East Columbus is well-positioned for work-related travel, with its proximity to major employers, hospitals, and the Columbus Airport. The area's central location also provides easy access to convention centers and sports venues, making it an ideal choice for a corporate rental, catering to both business travelers and event attendees.

X-Factor - 8/10

What sets East Columbus apart is its diverse and inclusive community. The area is home to a rich tapestry of cultures, traditions, and lifestyles, creating a unique and welcoming atmosphere for visitors. Additionally, the ongoing revitalization efforts in certain neighborhoods have breathed new life into the area, attracting young professionals and families seeking an urban living experience with a touch of Southern charm.