Airbnb City Guide: The Best Places To Invest in Jacksonville, Florida

Airbnb Rules and Regulations in Jacksonville, Florida

In Jacksonville, short-term rentals, defined as properties rented for fewer than 30 consecutive days, are permitted in designated commercial and historic zones. However, residential areas have specific requirements - single-family homes, duplexes, quadplexes, and townhouses must obtain a Short-Term Vacation Rental Certificate to legally operate as vacation rentals. The application process involves a land-use permit review to assess the rental's impact on the neighborhood. Approved properties must then acquire a business license and remit the 6% tourist development tax.

Safety standards are stringent, with properties subject to inspections ensuring compliance with building codes and health regulations. Complaints regarding violations are confidentially handled by the Planning Department. While Florida state law prohibits outright bans on short-term rentals, Jacksonville's zoning ordinances aim to strike a balance between tourism and residential interests.

Prospective hosts must navigate this intricate regulatory landscape, staying updated on potential changes to zoning, taxation, or licensing requirements. Sustainable practices, community engagement, and adaptability to market trends further contribute to a thriving yet responsible vacation rental business.

Jacksonville Airbnb Market Data:

• Average Revenue – $25.3K per year
• Average Daily Rate – $164.9 per night
• Average Occupancy Rate – 52%
• Average RevPAR – $86
• Average Home Prices – $294,450

1. Top Place to Invest in Jacksonville, Florida - South Side

The South Side of Jacksonville offers a unique blend of urban convenience and suburban charm, making it an attractive investment opportunity.

South Side Airbnb Market Data:

• Average Revenue – $24.6K per year
• Average Daily Rate – $142.7 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $86.7

Convenience: 8/10

Nestled within the heart of the city, the South Side boasts easy access to major thoroughfares, ensuring seamless commutes. Residents enjoy proximity to essential amenities, including shopping centers, restaurants, and healthcare facilities, catering to their daily needs with utmost convenience.

Tourist Attractions: 5/10

While not a major tourist hub, the South Side offers diverse attractions. From the lush landscapes of Boone Park to the vibrant cultural experiences at the Museum of Southern History, visitors can immerse themselves in the area's rich tapestry. Local festivals and events further contribute to the neighborhood's appeal. These local events even help attract more bookings.

Things to Do: 7/10

The South Side caters to a wide range of interests, from outdoor enthusiasts to foodies. Residents can explore the winding trails of the Timucuan Ecological and Historic Preserve, indulge in the local culinary scene, or catch a game at the nearby sports venues. Family-friendly activities abound, ensuring a well-rounded experience.

Average Home Prices: 7/10

According to Zillow data for 2024, the average home price in the South Side stands at $275,000, reflecting a 3.2% appreciation rate from the previous year. This moderate growth indicates a stable and attractive real estate market, appealing to investors seeking long-term returns.

Proximity to Work-Related Travel: 9/10

The South Side's central location offers unparalleled access to major employment hubs, including downtown Jacksonville, the University of North Florida, and the Mayo Clinic. Additionally, its proximity to the Jacksonville International Airport and major convention centers makes it an ideal choice for business travelers.

X-Factor: 8/10

The South Side's unique charm lies in its diverse community, blending historic neighborhoods with modern developments. Residents enjoy a strong sense of community, fostered by local events and a thriving small-business scene. The area's commitment to revitalization efforts and sustainable growth further enhances its desirability.

2. Top Place to Invest in Jacksonville, Florida - Arlington

Nestled in the heart of Jacksonville, Arlington offers a captivating blend of history, natural beauty, and modern amenities. This vibrant neighborhood is quickly becoming a sought-after destination for short-term rental investors seeking a promising market with untapped potential.

Arlington Airbnb Market Data:

• Average Revenue – $28.7K per year
• Average Daily Rate – $174.9 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $94.8

Convenience: 8/10

Arlington's central location provides easy access to major highways, ensuring seamless navigation throughout Jacksonville. With a wide array of shops, restaurants, and essential services within reach, residents and visitors alike can enjoy the convenience of having everything they need right at their fingertips. The neighborhood's walkability adds to its appeal, allowing for leisurely strolls and exploration.

Tourist Attractions: 7/10

From the historic Fort Caroline National Memorial to the lush Jacksonville Arboretum & Gardens, Arlington boasts diverse attractions catering to various interests. Visitors can immerse themselves in the area's rich history, marvel at the beauty of nature, or indulge in a thrilling gaming experience at bestbet Jacksonville. The Timucuan Ecological and Historic Preserve offers a unique glimpse into the region's natural and cultural heritage.

Things to Do: 8/10

Arlington's recreational offerings are as diverse as they are exciting. Outdoor enthusiasts can explore the winding trails of Tree Hill Nature Center or embark on a kayaking adventure along the St. Johns River. For those seeking cultural enrichment, the Alhambra Theatre and Dining provides an unforgettable evening of entertainment. The neighborhood's vibrant dining scene, featuring an array of cuisines from around the world, ensures that there's never a dull moment for foodies.

Average Home Prices: 8/10

According to Zillow data for 2024, the median home price in Arlington stands at $250,000, reflecting an impressive 8.7% year-over-year appreciation. This upward trend indicates a thriving real estate market with strong potential for investment returns. The affordable price point and the neighborhood's growing popularity make Arlington an attractive option for investors looking to capitalize on the burgeoning short-term rental market.

Proximity to Work-Related Travel: 9/10

Arlington's strategic location puts it within easy reach of major employment hubs, hospitals, and convention centers. The neighborhood's proximity to downtown Jacksonville and the Jacksonville International Airport makes it an ideal base for business travelers and medical professionals. Sports enthusiasts will appreciate the nearby TIAA Bank Field, home of the Jacksonville Jaguars, and the VyStar Veterans Memorial Arena, which hosts a variety of sporting events and concerts.

X-Factor: 9/10

What sets Arlington apart is its unique blend of history, natural beauty, and community spirit. The neighborhood's rich heritage is evident in its historic sites and landmarks, while its stunning parks and green spaces provide a tranquil escape from the hustle and bustle of city life. Arlington's tight-knit community fosters a sense of belonging, with regular events and initiatives that bring residents together. This combination of factors creates an inviting atmosphere that appeals to both locals and visitors, making Arlington a hidden gem in Jacksonville's real estate market.

3. Top Place to Invest in Jacksonville, Florida - Springfield

Steeped in history and brimming with character, Springfield is a neighborhood that captures the essence of Jacksonville's rich heritage while offering a vibrant, modern lifestyle.

Springfield Airbnb Market Data:

• Average Revenue – $22.6K per year
• Average Daily Rate – $146.3 per night
• Average Occupancy Rate – 51%
• Average RevPAR – $74.3

Convenience: 9/10

Situated just north of downtown, Springfield boasts an unbeatable location that puts residents within easy reach of the city's major attractions and amenities. With a well-connected network of roads and public transportation options, commuting to work or exploring the surrounding areas is a breeze. The neighborhood's walkable streets and bike-friendly paths further contribute to its overall convenience.

Tourist Attractions: 8/10

Springfield is a veritable treasure trove of historic landmarks and cultural attractions. The neighborhood's tree-lined streets are adorned with beautifully preserved Victorian-era homes, transporting visitors back in time. The iconic Main Street offers a glimpse into Jacksonville's past, with its charming boutiques, art galleries, and eateries housed in lovingly restored buildings. The nearby Klutho Park and Cummer Museum of Art & Gardens provide a serene escape for those seeking respite from the city's hustle and bustle.

Things to Do: 9/10

From indulging in the local culinary scene to exploring the vibrant arts community, Springfield offers a wealth of activities to keep residents and visitors entertained. The neighborhood's thriving nightlife, with its eclectic mix of bars, live music venues, and breweries, caters to a diverse range of tastes. Outdoor enthusiasts can enjoy the scenic riverfront parks, while history buffs can embark on self-guided walking tours to uncover the area's rich heritage.

Average Home Prices: 7/10

According to Zillow data for 2024, the median home price in Springfield stands at $285,000, reflecting a modest 2.5% year-over-year appreciation. While not the most affordable option in Jacksonville, the neighborhood's unique charm and potential for growth make it an attractive investment opportunity for those seeking long-term returns.

Proximity to Work-Related Travel: 10/10

Springfield's prime location is close to some of Jacksonville's major employment hubs, including downtown, the medical district, and the University of North Florida. The neighborhood's easy access to the Jacksonville International Airport and major convention centers makes it an ideal choice for business travelers and those in the hospitality industry.

X-Factor: 10/10

What truly sets Springfield apart is its unparalleled sense of community and commitment to preservation. The neighborhood's residents take immense pride in their historic surroundings, fostering a welcoming and inclusive atmosphere. Local initiatives and events, such as the annual Springfield Tour of Homes, celebrate the area's rich heritage while promoting sustainable growth and revitalization efforts. This unique blend of history, culture, and community spirit creates an unmatched ambiance that captivates visitors and residents alike.

4. Top Place to Invest in Jacksonville, Florida - Westside

Nestled along the western banks of the St. Johns River, Jacksonville's Westside offers a captivating blend of natural beauty, rich history, and modern amenities. This vibrant neighborhood has emerged as a prime destination for Airbnb and short-term rental investors seeking a promising market with untapped potential.

Westside Airbnb Market Data:

• Average Revenue – $21.9K per year
• Average Daily Rate – $141.7 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $76.3

Convenience: 8/10

The Westside boasts a strategic location, providing easy access to major highways and thoroughfares. Residents enjoy a seamless commute to downtown Jacksonville and other key areas of the city. With a wide array of shops, restaurants, and essential services within reach, the Westside offers unparalleled convenience for both locals and visitors alike.

Tourist Attractions: 7/10

From the historic Kingsley Plantation to the picturesque Cedar River, the Westside is home to various attractions showcasing the area's rich heritage and natural splendor. Visitors can explore the Jacksonville Zoo and Gardens, immerse themselves in the vibrant arts scene at the Cummer Museum of Art and Gardens, or embark on a thrilling adventure at Adventure Landing.

Things to Do: 9/10

The Westside's recreational offerings are as varied as they are exciting. Outdoor enthusiasts can enjoy hiking and biking trails, kayaking along the river, or teeing off at one of the many golf courses. Foodies will delight in the neighborhood's eclectic dining scene, featuring everything from casual eateries to upscale restaurants. The Westside also hosts a variety of festivals and events throughout the year, celebrating the community's diverse culture and traditions.

Average Home Prices: 8/10

According to Zillow data for 2024, the median home price in the Westside stands at $275,000, reflecting a modest 3.5% year-over-year appreciation. This affordable price point, coupled with the area's growing popularity, presents an attractive opportunity for investors seeking to capitalize on the short-term rental market. With a balanced supply and demand dynamic, the Westside's real estate market is poised for steady growth in the coming years.

Proximity to Work-Related Travel: 9/10

The Westside's central location puts it within easy reach of major employment hubs, hospitals, and convention centers. The neighborhood's proximity to the Jacksonville International Airport and the JAXPORT cruise terminal makes it an ideal base for business travelers and cruise passengers alike. Additionally, the nearby TIAA Bank Field, home of the Jacksonville Jaguars, attracts sports enthusiasts from far and wide.

X-Factor: 10/10

What sets the Westside apart is its unique blend of small-town charm and urban sophistication. The neighborhood's tight-knit community fosters a welcoming atmosphere, with friendly locals eager to share their love for the area. From the historic architecture to the stunning riverfront views, the Westside's distinctive character creates an inviting ambiance that captivates visitors and residents alike. The neighborhood's commitment to preserving its heritage while embracing modern amenities makes it a truly special place to live, work, and play.

5. Top Place to Invest in Jacksonville, Florida - Downtown Jacksonville

Nestled along the picturesque St. Johns River, Downtown Jacksonville is a vibrant, bustling hub that seamlessly blends rich history, modern amenities, and a thriving cultural scene. This dynamic neighborhood has emerged as a prime destination for both seasoned and newbie Airbnb investors seeking a promising market with untapped potential.

Downtown Jacksonville Airbnb Market Data:

• Average Revenue – $30.1K per year
• Average Daily Rate – $206.2 per night
• Average Occupancy Rate – 45%
• Average RevPAR – $91.8

Convenience: 9/10

Downtown Jacksonville boasts an unbeatable location, providing easy access to major highways, public transportation, and the Jacksonville International Airport. Residents and visitors alike enjoy the convenience of having a wide array of shops, restaurants, and essential services within walking distance. The neighborhood's walkability and bike-friendly infrastructure further enhance its appeal.

Tourist Attractions: 8/10

From the iconic Jacksonville Landing to the Museum of Science and History, Downtown Jacksonville offers a diverse range of attractions that cater to various interests. Visitors can explore the Cummer Museum of Art and Gardens, immerse themselves in the vibrant arts scene at the Jacksonville Symphony Orchestra, or take a leisurely stroll along the beautiful Riverwalk. The nearby Jacksonville Zoo and Gardens adds to the area's allure.

Things to Do: 9/10

Downtown Jacksonville is a hub of activity, offering an endless array of things to do for residents and visitors. The neighborhood's thriving culinary scene features an eclectic mix of restaurants, cafes, and bars, catering to every palate. Art enthusiasts can explore the monthly Art Walk, while music lovers can enjoy live performances at various venues. The rich and thriving business area can be taken advantage of through partnerships and collaborations with local shops, exposing guests to the culture within the city. The Jacksonville Jaguars' home stadium, TIAA Bank Field, attracts sports fans from far and wide.

Average Home Prices: 7/10

According to Zillow data for 2024, the median home price in Downtown Jacksonville stands at $325,000, reflecting a modest 4.2% year-over-year appreciation. While prices are slightly higher compared to other areas of Jacksonville, the neighborhood's prime location, amenities, and growth potential justify the investment. The stable appreciation rate indicates a healthy real estate market poised for long-term growth.

Proximity to Work-Related Travel: 10/10

Downtown Jacksonville is the epicenter of the city's business district, housing numerous corporate headquarters, financial institutions, and government offices. The neighborhood's proximity to major hospitals, such as UF Health Jacksonville and Baptist Medical Center, makes it an ideal location for medical professionals. The Prime F. Osborn III Convention Center and various hotels in the area cater to business travelers and conference attendees.

X-Factor: 9/10

What sets Downtown Jacksonville apart is its unique blend of history, culture, and modern innovation. The neighborhood's stunning architecture, featuring a mix of historic buildings and sleek high-rises, creates a captivating skyline. The vibrant arts and music scene and the friendly, diverse community foster a sense of belonging and creativity. Downtown Jacksonville's ongoing revitalization efforts, including new developments and green spaces, further enhance its desirability.

6. Top Place to Invest in Jacksonville, Florida - Jacksonville Beach

Nestled along the stunning Atlantic coast, Jacksonville Beach is a vibrant, laid-back community that offers the perfect blend of sun, sand, and surf. This charming coastal town has emerged as a prime destination for Airbnb and short-term rental investors seeking a promising market with endless potential.

Jacksonville Beach Airbnb Market Data:

• Average Revenue – $57.1K per year
• Average Daily Rate – $310.6 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $185

Convenience: 8/10

Jacksonville Beach boasts a convenient location, just a short drive from downtown Jacksonville and the Jacksonville International Airport. Residents and visitors enjoy easy access to major highways, making it a breeze to explore the surrounding areas. The neighborhood's walkable streets and bike-friendly paths provide a delightful way to navigate the town and soak up the coastal ambiance.

Tourist Attractions: 9/10

From the pristine sandy beaches to the iconic Jacksonville Beach Pier, this coastal gem offers a wealth of attractions that draw visitors from far and wide. Beachgoers can bask in the sun, catch a wave, or stroll along the picturesque shoreline. The nearby Adventure Landing amusement park and the Jacksonville Beach Golf Club provide endless entertainment for families and golf enthusiasts alike.

Things to Do: 10/10

Jacksonville Beach is a paradise for outdoor enthusiasts and fun-seekers. The town's lively boardwalk features an array of shops, restaurants, and bars, offering a perfect spot to unwind and people-watch. Visitors can explore the eclectic art scene at the J. Johnson Gallery, catch a live music performance at the SeaWalk Pavilion, or indulge in a beach volleyball game. The annual Springing the Blues Festival and the Fourth of July celebrations are not to be missed.

Average Home Prices: 7/10

According to Zillow data for 2024, the median home price in Jacksonville Beach stands at $450,000, reflecting a steady 3.8% year-over-year appreciation. While prices are higher than Jacksonville's other areas, the town's prime beachfront location and strong rental demand justify the investment. The consistent appreciation rate indicates a stable and desirable real estate market.

Proximity to Work-Related Travel: 5/10

While Jacksonville Beach is primarily a residential and tourist destination, it still offers convenient access to work-related travel. The town is just a 30-minute drive from downtown Jacksonville, which houses numerous corporate headquarters and business districts. The nearby Mayo Clinic and Baptist Medical Center Beaches provide employment opportunities for healthcare professionals.

X-Factor: 10/10

What sets Jacksonville Beach apart is its unparalleled coastal charm and laid-back lifestyle. The town's stunning natural beauty, with its miles of pristine beaches and breathtaking sunrises, creates an idyllic setting that captivates visitors and residents alike. The tight-knit community fosters a welcoming atmosphere, with friendly locals eager to share their love for the beach life. Jacksonville Beach's unique blend of relaxation and adventure makes it a truly special place to live and visit.

7. Top Place to Invest in Jacksonville, Florida - Mixon Town

Nestled in the heart of Jacksonville, Mixon Town is an up-and-coming neighborhood that offers a unique blend of urban convenience and affordability, making it an attractive option for Airbnb and short-term rental investors seeking promising opportunities.

Mixon Town Airbnb Market Data:

• Average Revenue – $25.6K per year
• Average Daily Rate – $149.8 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $87.7

Convenience: 8/10

Mixon Town's central location provides easy access to major highways and thoroughfares, ensuring seamless connectivity to various parts of the city. Residents enjoy proximity to essential amenities, including grocery stores, restaurants, and shopping centers, catering to their daily needs with utmost convenience.

Tourist Attractions: 5/10

While not a major tourist destination, Mixon Town boasts a few hidden gems that showcase the area's rich history and cultural diversity. The nearby Metropolitan Park offers a serene escape, with walking trails and picturesque views of the St. Johns River. Additionally, the neighborhood's vibrant street art and murals add a touch of artistic flair to the urban landscape.

Things to Do: 5/10

Mixon Town may be a relatively small neighborhood, but it packs a punch when it comes to entertainment and recreational activities. Residents can indulge in the local culinary scene, with a variety of eateries offering diverse cuisines. The area's proximity to downtown Jacksonville also provides easy access to a wide range of cultural events, live music venues, and nightlife hotspots.

Average Home Prices: 9/10

According to Zillow data for 2024, the median home price in Mixon Town stands at $137,500, reflecting a modest 2.1% year-over-year appreciation. This affordable price point, coupled with the neighborhood's growing popularity, presents an attractive opportunity for investors seeking to capitalize on the short-term rental market.

Proximity to Work-Related Travel: 8/10

Mixon Town's strategic location is close to several major employment hubs, including downtown Jacksonville, the Jacksonville Naval Air Station, and the Mayo Clinic Florida. The neighborhood's easy access to the Jacksonville International Airport further enhances its appeal for business travelers and medical professionals.

X-Factor: 6/10

What sets Mixon Town apart is its unique blend of urban living and affordability. The neighborhood's diverse community fosters a welcoming atmosphere, with friendly locals eager to share their love for the area. Additionally, Mixon Town's ongoing revitalization efforts, including the development of new residential and commercial projects, contribute to its growing appeal and potential for future growth.