Market report

Outer Banks, NC short-term rental market report (2026)

Dare County, North Carolina. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

69/100 Opportunity Score#20of 88 tracked markets by annual revenue
  • RulesLight-touch (2/5)
  • Average revenue$74K a year
  • 4-BR typical value$714K
  • Gross yield10.4%
  • FEMA riskRelatively Moderate
  • Demand drivers within 50 mi2
Data as of September 21, 2026 County figures: Dare County

Everything STR HUB holds on Outer Banks, NC in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated.

Can you operate in Outer Banks?

2/5 Light-touch

Outer Banks's short-term rental rules rate 2 out of 5 (Light-touch), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person (evidence confidence: high). Treat it as provisional.

What the rating rests on: Rental permit required, septic capacity verification, event restrictions.

Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

The numbers

Revenue

Average annual revenue
$74,000
North Carolina tracked-market median: $67K
Average nightly rate
$325
North Carolina median: $290
Occupancy
62%
North Carolina median: 64%
National revenue rank
#20
of 88 tracked markets with revenue data

Gross market averages from STR HUB market analytics, the same figures shown on the market page. They are before cleaning, management, utilities, taxes and financing, and an individual property can earn more or less.

Home values in Dare County

Typical 4-bedroom home
$714,214
North Carolina statewide: $486K
Typical home, all sizes
$599,211
North Carolina statewide: $335K
One-year change, all homes
+0.8%
North Carolina statewide: 0.0%

Zillow Home Value Index: county-wide typical values for Dare County, not list prices. A specific property can sit well above or below them.

Gross yield

10.4%
$74,000 ÷ $714,214 = 10.4%Average annual revenue divided by the county's typical 4-bedroom home value. The median across tracked North Carolina markets with revenue data is 9.6%.

Gross yield is before every operating cost and before financing. It is a screening ratio, not a cash-on-cash return.

What it costs to own

Effective property tax rate
0.55%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$3,928
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$3,296
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$530
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Cooling
score 44 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

2 demand drivers sit within 50 miles of Outer Banks. Ordered by published attendance. Attendance appears only where a source publishes it.

Parks and public lands

  • Cape Hatteras National Seashore
    National Park Service unit · Buxton, NC · 21 mi from Outer Banks
    When
    Year-round; peaks June, July, August (by recreation-visit volume, 2025).
    Attendance
    2,684,009 (NPS recreation visits, full calendar year 2025)
    STR angle
    The Outer Banks vacation-home rental industry is built directly on Seashore beach access; among the densest beach-cottage STR markets in the country.

Landmarks

  • Wright Brothers National Memorial
    national memorial · Kill Devil Hills, NC · 33 mi from Outer Banks
    When
    Year-round; busiest months by 2025 NPS recreation visits were Jul, Aug, Jun.
    Attendance
    341,576 (NPS recreation visits, full calendar year 2025 — Wikipedia's infobox shows 406,593 for 2024)
    STR angle
    The first-flight site is the rainy-day and shoulder-season sight in the northern Outer Banks, a market built on weekly beach-house rentals. It does not create bookings by itself, but it is part of why Kill Devil Hills stays busy outside July and August.

When they come

Four-season climate: comfortable months are spread across the year without one dominant season. 8 of 12 months have an average high between 60°F and 88°F. Warmest month: July (average high 82°F). Coldest: January (average low 46°F).

  1. Jan54°46°Cool
  2. Feb55°47°Cool
  3. Mar58°51°Cool
  4. Apr64°57°Comfortable
  5. May69°65°Comfortable
  6. Jun77°73°Comfortable
  7. Jul82°79°Comfortable
  8. Aug82°78°Comfortable
  9. Sep78°75°Comfortable
  10. Oct71°67°Comfortable
  11. Nov64°58°Comfortable
  12. Dec58°51°Cool
Monthly climate normals for Outer Banks, NC
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)545558646977828278716458
Average low (°F)464751576573797875675851
Precipitation (in)4.55.13.34.93.54.94.36.15.33.23.63.7
Snowfall (in)0.10.00.00.00.00.00.00.00.00.00.00.0
Sunshine (hours a day)6.97.08.810.611.411.611.910.710.28.97.97.3

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
3.2 million
roughly a 2.5 to 3 hour drive
People within 300 miles
25.4 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Outer Banks, NC
CountyPopulation
Virginia Beach city, VA457,900
Chesapeake city, VA249,377
Norfolk city, VA236,973

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively Moderate
overall rating for Dare County
Risk score
89.6
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Hurricane, Winter weather
of the hazards we track for Dare County
FEMA National Risk Index hazard ratings for Dare County
HazardFEMA ratingScore (0-100)
HurricaneRelatively High97.7
Winter weatherRelatively High88.5
Coastal floodingRelatively High86.8
WildfireRelatively Low82.7
River floodingRelatively Low50.3
TornadoRelatively Low47.0
EarthquakeVery Low24.8
HailVery Low13.8

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Dare County

Vacation-home share
31.6%
North Carolina statewide: 4.1%
Homes with 4+ bedrooms
36.5%
North Carolina statewide: 20.3%
Jobs in tourism industries
15.5%
North Carolina statewide: 8.8%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Outer Banks pin

Amenity score
42
of 100, relative to the other tracked markets
Restaurants, cafes and bars
12
Attractions
10
Outdoor features
24
Hotels, motels and resorts
4
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Outer Banks's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from North Carolina, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Outer Banks on the map

Open Outer Banks on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Outer Banks STR questions, answered from the data

Is Airbnb legal in Outer Banks?

STR HUB rates Outer Banks's short-term rental rules 2/5 (Light-touch) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does an Airbnb make in Outer Banks?

The average short-term rental in Outer Banks, NC grosses $74,000 a year, on a $325 average nightly rate and 62% occupancy. That ranks #20 of the 88 tracked markets with revenue data. It is a gross market average before cleaning, management, taxes and financing, and an individual property can earn more or less.

How much does a 4-bedroom home cost in Outer Banks?

The typical 4-bedroom home in Dare County is valued at $714,214 (Zillow Home Value Index), and the typical home of any size at $599,211, with all-home values up 0.8% over the past year. These are county-wide typical values, not list prices.

What is the gross rental yield in Outer Banks?

10.4%: average annual short-term rental revenue of $74,000 divided by the county's typical 4-bedroom home value of $714,214. It is before every operating cost and before financing, so treat it as a screening ratio, not a cash-on-cash return.

What brings visitors to Outer Banks?

2 demand drivers sit within 50 miles of Outer Banks: Cape Hatteras National Seashore (2,684,009 published attendance) and Wright Brothers National Memorial (341,576 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research.
  • Revenue, nightly rate and occupancy: STR Agent HUB market analytics.
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Park visitation: National Park Service, NPS Visitor Use Statistics.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Dare County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

Buying a short-term rental in Outer Banks?

Get matched with a Outer Banks agent who works short-term rentals every day and knows which properties can legally operate.

Get matched with a Outer Banks STR agent →
Texas Investors

Looking for Texas Real Estate?

Dwellverse Group specializes in matching buyers and sellers with top Texas real estate agents across Austin, Dallas, Houston, San Antonio, and beyond.

Find a Texas Agent