Airbnb City Guide: The Best Places To Invest in Overland Park, Kansas

Airbnb Rules and Regulations in Overland Park, Kansas

As of 2024, the City of Overland Park has implemented comprehensive regulations for short-term rentals. All hosts must obtain an annual permit and comply with strict safety requirements, such as installing smoke detectors, carbon monoxide alarms, and fire extinguishers. Properties are subject to periodic inspections to ensure compliance with building and zoning codes. Hosts must maintain liability insurance and inform guests about local laws and emergency contacts.

To address concerns about noise and parking, the city has established strict occupancy limits based on the property's size and zoning district. Additionally, short-term rentals are prohibited in certain residential areas to preserve the character of neighborhoods. Hosts are required to collect and remit a 7.5% transient guest tax on all bookings. Failure to comply with these regulations may result in fines, permit revocation, or legal action. The city has established a dedicated hotline for neighbors to report issues with short-term rentals, and enforcement efforts have been bolstered to ensure a fair and safe rental market for both hosts and guests.

Overland Park Airbnb Market Data:

• Average Revenue – $43.2K per year
• Average Daily Rate – $207.3 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $118.3
• Average Home Prices – $438,050

1. Top Place to Invest in Overland Park, Kansas - Downtown

Downtown Overland Park, the vibrant heart of this thriving city, has emerged as a prime destination for Airbnb and short-term rental investors. With its revitalized urban core, diverse amenities, and proximity to local attractions, Downtown Overland Park offers a unique investment opportunity for those seeking to capitalize on the city's growing tourism market.

Downtown Airbnb Market Data:

• Average Revenue – $41.6K per year
• Average Daily Rate – $193.2 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $114.1

Convenience - 9/10

Situated in the heart of Overland Park, the Downtown area boasts excellent accessibility. The neighborhood is well-served by public transportation, with several bus routes operated by the Kansas City Area Transportation Authority (KCATA) passing through the area. Additionally, Downtown Overland Park is just a short drive from major highways like I-35 and I-435, making it a convenient base for exploring the Kansas City metropolitan area.

Tourist Attractions - 7/10

While Downtown Overland Park itself may not be a major tourist destination, its proximity to various attractions in the city and surrounding areas makes it an ideal starting point for visitors. The Overland Park Arboretum & Botanical Gardens, a beautiful outdoor oasis, is located just a short distance away. Other nearby attractions include the Museum at Prairiefire, the Nerman Museum of Contemporary Art, and the Overland Park Convention Center.

Things to Do - 9/10

Downtown Overland Park is a vibrant and lively community offering diverse dining, shopping, and entertainment options. Visitors can indulge in local cuisine at one of the many restaurants and breweries, browse unique boutiques and galleries, or catch a performance at the Overland Park Performing Arts Center. The neighborhood hosts various festivals and events throughout the year, such as the Overland Park Fall Festival and the Downtown Overland Park Farmers' Market.

Average Home Prices - 7/10

According to Zillow, the median home value in Downtown Overland Park was $375,000 in 2024, representing a 4.2% appreciation rate over the past year. While prices in this desirable neighborhood are higher than some other areas of Overland Park, Downtown still offers relatively affordable options compared to other urban centers in the Kansas City metropolitan area. This affordability and growth potential combination makes it an attractive prospect for Airbnb and STR investors.

Proximity to Work-Related Travel - 8/10

Downtown Overland Park's central location puts it within easy reach of several major employers and work-related destinations. The neighborhood is just a short drive from the Overland Park Convention Center and several corporate offices and business parks. Additionally, Downtown Overland Park is in close proximity to several hospitals and medical facilities, making it a convenient option for healthcare professionals and medical travelers.

X-Factor - 9/10

What sets Downtown Overland Park apart is its unique blend of urban vibrancy and suburban charm. The neighborhood's revitalized streetscapes, pedestrian-friendly design, and diverse mix of businesses create a captivating atmosphere that draws in visitors and residents alike. Additionally, Downtown Overland Park's strong sense of community, fostered by its various events and public spaces, creates a welcoming and inviting environment for visitors.

2. Top Place to Invest in Overland Park, Kansas - Oak Park

Oak Park, a tranquil and family-friendly neighborhood in Overland Park, has emerged as an attractive destination for investors. With its convenient location, excellent schools, and proximity to local amenities, Oak Park offers a compelling investment opportunity for those seeking to start an Airbnb business and capitalize on the city's growing tourism market.

Oak Park Airbnb Market Data:

• Average Revenue – $33.4K per year
• Average Daily Rate – $172.4 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $91

Convenience - 8/10

Oak Park's central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several bus routes operated by the Kansas City Area Transportation Authority (KCATA) passing through the area. Additionally, Oak Park is just a short drive from major highways like I-35 and I-435, providing easy access to other parts of the Kansas City metropolitan area.

Tourist Attractions - 6/10

While Oak Park itself may not boast many traditional tourist attractions, its proximity to various attractions in Overland Park and the surrounding areas makes it an interesting destination for visitors. The Overland Park Arboretum & Botanical Gardens, the Museum at Prairiefire, and the Nerman Museum of Contemporary Art are all within a short drive from the neighborhood.

Things to Do - 7/10

Oak Park is a peaceful and family-oriented neighborhood offering a range of outdoor recreational activities and community events. The area is home to several parks and green spaces, providing visitors with opportunities for hiking, picnicking, and enjoying the outdoors. The neighborhood hosts various community events throughout the year, such as outdoor festivals and farmers markets.

Average Home Prices - 8/10

According to Zillow, the median home value in Oak Park was $325,000 in 2024, representing a modest 3.2% appreciation rate over the past year. The affordable prices in this neighborhood make it an attractive option for investors looking to enter the real estate market with a relatively low initial investment. This combination of affordability and growth potential makes Oak Park a promising prospect for those seeking long-term investment opportunities.

Proximity to Work-Related Travel - 7/10

Oak Park's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Overland Park Convention Center and several corporate offices and business parks. Additionally, Oak Park is in close proximity to several hospitals and medical facilities, making it a convenient option for healthcare professionals and medical travelers.

X-Factor - 8/10

Its unique blend of suburban tranquility and family-friendly amenities sets Oak Park apart. The neighborhood boasts excellent public schools, well-maintained parks, and a strong sense of community, making it an attractive option for families and visitors alike. At the same time, Oak Park's proximity to local attractions and amenities ensures that visitors have access to a wide range of dining, shopping, and entertainment options.

3. Top Place to Invest in Overland Park, Kansas - Brookridge

Brookridge, a picturesque and upscale neighborhood in Overland Park, has emerged as a prime destination for Airbnb and short-term rental investors. With its luxurious mansions, excellent schools, and proximity to local amenities, Brookridge offers a compelling investment opportunity for those seeking to capitalize on the city's growing tourism market.

Brookridge Airbnb Market Data:

• Average Revenue – $43.7K per year
• Average Daily Rate – $206.6 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $118.9

Convenience - 8/10

Brookridge's central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several bus routes operated by the Kansas City Area Transportation Authority (KCATA) passing through the area. Additionally, Brookridge is just a short drive from major highways like I-35 and I-435, providing easy access to other parts of the Kansas City metropolitan area.

Tourist Attractions - 6/10

While Brookridge itself may not boast many traditional tourist attractions, its proximity to various attractions in Overland Park and the surrounding areas makes it an interesting destination for visitors. The Overland Park Arboretum & Botanical Gardens, the Museum at Prairiefire, and the Nerman Museum of Contemporary Art are all within a short drive from the neighborhood.

Things to Do - 8/10

Brookridge is a luxurious and upscale neighborhood offering a range of high-end dining, shopping, and recreational activities. The area is home to several golf courses, country clubs, and exclusive shopping districts, providing visitors with a taste of the finer things in life. The neighborhood hosts various community events throughout the year, such as charity galas and fundraisers.

Average Home Prices - 7/10

According to Zillow, the median home value in Brookridge was $575,000 in 2024, representing a 4.5% appreciation rate over the past year. While prices in this affluent neighborhood are higher than many other areas of Overland Park, Brookridge still offers relatively affordable options compared to other luxury communities in the Kansas City metropolitan area. This combination of exclusivity and growth potential makes it an attractive prospect for Airbnb and STR investors catering to high-end clientele.

Proximity to Work-Related Travel - 7/10

Brookridge's central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Overland Park Convention Center and several corporate offices and business parks. Additionally, Brookridge is in close proximity to several hospitals and medical facilities, making it a convenient option for healthcare professionals and medical travelers.

X-Factor - 9/10

Brookridge's unique blend of luxury and exclusivity sets it apart, which is perfect for high-end rentals like an Airbnb luxe. The neighborhood's meticulously designed homes, lush landscaping, and upscale amenities create a captivating atmosphere that draws in visitors and residents alike. Brookridge's excellent public schools and a strong sense of community make it an attractive option for families seeking a high-end living experience. As Overland Park continues to attract affluent residents and visitors, the demand for short-term rentals in luxurious neighborhoods like Brookridge is likely to increase, making it a compelling choice for Airbnb and STR investors catering to the high-end market.

4. Top Place to Invest in Overland Park, Kansas - Willow Creek

Willow Creek, a serene and picturesque neighborhood in Overland Park, has emerged as an attractive destination for those aspiring to start short-term rental businesses. With its tranquil surroundings, excellent schools, and proximity to local amenities, Willow Creek offers a compelling investment opportunity for those seeking to capitalize on the city's growing tourism market.

Willow Creek Airbnb Market Data:

• Average Revenue – $54.5K per year
• Average Daily Rate – $298.6 per night
• Average Occupancy Rate – 50%
• Average RevPAR – $148.2

Convenience - 7/10

Willow Creek's location on the outskirts of Overland Park provides easy access to major highways, such as I-35 and I-435, making it a convenient base for exploring the Kansas City metropolitan area. While the neighborhood itself may not be as centrally located as some other areas of Overland Park, its proximity to essential services and amenities ensures a comfortable stay for visitors.

Tourist Attractions - 6/10

While Willow Creek itself may not boast many traditional tourist attractions, its proximity to various attractions in Overland Park and the surrounding areas makes it an interesting starting point for visitors. The Overland Park Arboretum & Botanical Gardens, the Museum at Prairiefire, and the Nerman Museum of Contemporary Art are all within a short drive from the neighborhood.

Things to Do - 8/10

Willow Creek is a serene and nature-centric neighborhood, offering a range of outdoor recreational activities and community events. The area is home to several parks, hiking trails, and green spaces, providing visitors with opportunities to enjoy the great outdoors. The neighborhood hosts various community events throughout the year, such as outdoor festivals, farmers markets, and nature-themed activities.

Average Home Prices - 8/10

According to Zillow, the median home value in Willow Creek was $425,000 in 2024, representing a modest 3.7% appreciation rate over the past year. The affordable prices in this neighborhood make it an attractive option for Airbnb and STR investors looking to enter the market with a relatively low initial investment. This combination of affordability and growth potential makes Willow Creek a promising prospect for those seeking long-term investment opportunities.

Proximity to Work-Related Travel - 6/10

While Willow Creek may not be in close proximity to major work-related destinations, its location on the outskirts of Overland Park provides easy access to several hospitals and medical facilities. However, the neighborhood's distance from the city center may make it less convenient for business travelers attending conventions or events in downtown Overland Park or Kansas City.

X-Factor - 9/10

Its unique blend of natural beauty and family-friendly atmosphere sets Willow Creek apart. The neighborhood's serene surroundings, with winding trails and lush greenery, create a peaceful and rejuvenating atmosphere for visitors. At the same time, Willow Creek's excellent public schools and a strong sense of community make it an attractive option for families seeking a tranquil living experience.

5. Top Place to Invest in Overland Park, Kansas - Apple Valley Estates

Apple Valley Estates, a prestigious and exclusive neighborhood in Overland Park, has emerged as a prime destination for Airbnb and short-term rental investors catering to the high-end market. With its luxurious apartments, world-class amenities, and proximity to local attractions, Apple Valley Estates offers a compelling investment opportunity for those seeking to capitalize on the city's growing tourism market.

Apple Valley Estates Airbnb Market Data:

• Average Revenue – $43.4K per year
• Average Daily Rate – $180 per night
• Average Occupancy Rate – 66%
• Average RevPAR – $120

Convenience - 8/10

Apple Valley Estates' central location makes it easily accessible from various parts of the city and beyond. The neighborhood is well-served by public transportation, with several bus routes operated by the Kansas City Area Transportation Authority (KCATA) passing through the area. Additionally, Apple Valley Estates is just a short drive from major highways like I-35 and I-435, providing easy access to other parts of the Kansas City metropolitan area.

Tourist Attractions - 7/10

While Apple Valley Estates itself may not boast many traditional tourist attractions, its proximity to various attractions in Overland Park and the surrounding areas makes it an interesting destination for visitors. The Overland Park Arboretum & Botanical Gardens, the Museum at Prairiefire, and the Nerman Museum of Contemporary Art are all within a short drive from the neighborhood.

Things to Do - 9/10

Apple Valley Estates is a luxurious and exclusive neighborhood, offering a range of high-end dining, shopping, and recreational activities. The area is home to several world-class golf courses, country clubs, and upscale shopping districts, providing visitors with a taste of the finer things in life. The neighborhood hosts various exclusive events throughout the year, such as charity galas and private social gatherings.

Average Home Prices - 6/10

According to Zillow, the median home value in Apple Valley Estates was $875,000 in 2024, representing a 5.2% appreciation rate over the past year. While prices in this ultra-luxury neighborhood are among the highest in Overland Park, Apple Valley Estates still offers relatively affordable options compared to other exclusive communities in the Kansas City metropolitan area. This combination of exclusivity and growth potential makes it an attractive prospect for Airbnb and STR investors catering to the most discerning clientele.

Proximity to Work-Related Travel - 7/10

Apple Valley Estates' central location puts it within a reasonable distance of several major employers and work-related destinations. The neighborhood is just a short drive from the Overland Park Convention Center and several corporate offices and business parks. Additionally, Apple Valley Estates is in close proximity to several hospitals and medical facilities, making it a convenient option for healthcare professionals and medical travelers.

X-Factor - 10/10

What sets Apple Valley Estates apart is its unparalleled luxury and exclusivity. The neighborhood's meticulously designed homes, world-class amenities, and impeccable landscaping create a captivating atmosphere that exudes opulence and sophistication. Additionally, Apple Valley Estates' strict security measures and gated entry ensure privacy and exclusivity for residents and guests alike.