Elgin Airbnb Market Data

48.4/ 100#41 of 46 Austin neighborhoodssuburban
Avg Annual Revenue
$21,201-53% vs city
per STR listing (AirDNA)
Average Daily Rate
$156-33% vs city
entire-place listings
Occupancy
44%-23% vs city
trailing 12 months
RevPAR
$58-57% vs city
revenue per available night
Median List Price
live MLS, in boundary
Price / Sqft
recent solds
Days on Market
recent solds
Active Listings
for sale now
Top STR Picks

Highest-Ranked Investment Properties

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Elgin Performance Data

Live MLS trends inside the neighborhood boundary plus STR benchmarks against the rest of Austin.

Elgin vs Austin Average

Short-term rental performance compared to the citywide average (AirDNA, trailing 12 months)

Where Elgin Ranks

STR market score across all 46 Austin neighborhoods — Elgin highlighted

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The Surge Take: Elgin

Elgin scores 48.4/100 on Surge's STR market score, ranking #41 of 46 Austin-area submarkets we track. That's in the lower tier of the Austin market on our score, which usually reflects thinner guest demand. Deals here need to be underwritten conservatively — the entry price has to do the heavy lifting. The average listing here grosses $21,201/year — about 53% below the Austin metro average, so unit selection and design matter more than usual.

The revenue profile is a $156 average daily rate at 44% occupancy (RevPAR $58). That's a healthy mid-market ADR — the sweet spot for durable demand from both leisure and work travel. As a suburban submarket, demand skews toward families, relocations, and medical or project stays — larger homes tend to outperform.

The key caveat is regulation: City of Elgin restricts short-term rentals — STRs require a Specific Use Permit with two public hearings before P&Z and City Council. Parcel-level due diligence is essential here; confirm the specific property is eligible before underwriting STR income.

Generated from live Surge market data: AirDNA performance metrics, MLS pricing inside the neighborhood boundary, and our jurisdiction-level regulation tracking. Not investment advice.

Elgin STR Regulations

Restricted

Jurisdiction: City of Elgin · Last verified 2026-08-12

STRs require a Specific Use Permit with two public hearings before P&Z and City Council

Elgin regulates STRs (rentals under 30 days, including B&Bs and tourist homes) through a discretionary Specific Use Permit (SUP) process administered by Development Services. Approval requires two public hearings — a Planning & Zoning Commission recommendation and City Council approval — plus mailed notice to property owners within 200 feet. Because each STR needs case-by-case council approval, this is materially more restrictive than a simple registration regime. HOT is remitted quarterly to the city.

What operators need to know
  • Specific Use Permit (SUP) required per property
  • Two public hearings: P&Z Commission recommendation + City Council approval
  • Mailed notice to property owners within 200 feet
  • City HOT collected and paid quarterly (due last day of month after each quarter)
  • Penalties and interest on late HOT payments
Hotel Occupancy Tax
City HOT (rate per Ch. 38 Art. IV) + 6% state

HOA covenants and deed restrictions can prohibit short-term rentals regardless of City of Elgin rules — always review them before purchasing. Surge handles permitting, registration, and Hotel Occupancy Tax compliance for every property we manage.

This information is provided for general guidance only and does not constitute legal or tax advice. Regulations change — verify current requirements with local authorities before making investment decisions.

Elgin STR Investment FAQ

Is Elgin a good area for Airbnb investment?

Elgin ranks #41 of 46 Austin neighborhoods with an STR market score of 48.4/100. Short-term rentals here earn an average of $21,201/year at a $156 average daily rate and 44% occupancy.

How much do Airbnbs make in Elgin, Austin?

The average short-term rental in Elgin generates $21,201 in annual revenue, with an average daily rate of $156 and RevPAR of $58. Individual results vary by property size, quality, and management.

What does it cost to buy an investment property in Elgin?

Live MLS pricing for Elgin is shown above, sourced directly from the MLS and updated continuously. Compare the median price against average STR revenue of $21,201/year to estimate gross yield.

What short-term rental rules apply in Elgin?

Elgin falls under City of Elgin short-term rental rules: STRs require a Specific Use Permit with two public hearings before P&Z and City Council. See the regulations section on this page for requirements, taxes, and sources — note that HOA and deed restrictions can also apply.

More Austin Neighborhoods

Compare Elgin against other top-ranked Austin STR submarkets.

Deep Market Analytics

Granular STR performance data, competitive landscape, and demand forecasts

Surge Market Intelligence

Monthly Revenue Seasonality

JanFebMarAprMayJunJulAugSepOctNovDec

19,468

Total Active STR Listings

14 days

Avg Booking Lead Time

3.2 nights

Avg Length of Stay

+12.3%

Supply Growth (YoY)

Revenue Distribution

Top 10%$72,000+
Top 25%$48,000+
Median$34,200
Bottom 25%$18,000

Competitive Landscape

Entire Home/Apt68%
Private Room28%
Shared Room4%
Superhost %24%

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