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Homer

Kenai Peninsula Borough, AK

STR Investment Grade

Transparent Scoring
C
45/100
⚠️ HOLD
Score Breakdown
💰Cash-on-Cash
18/35
🏠Affordability
2/25
📅Year-Round Income
9/15
🤝Landlord Friendly
8/10
📈Room to Grow
8/15
Cash-on-Cash
8.7%
Marginal (5%+)
Median Home
$403K
Very Expensive
Room to Grow
8/15
Limited Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Homer City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Homer?

Waterfront Market

What drives short-term rental demand here

Waterfront Living

Direct water access and scenic views drive premium pricing and high guest satisfaction scores.

⚖️
Balanced Supply

Healthy supply-demand ratio means room for new listings without oversaturation concerns.

Will This Deal Work?

Investment Grade
C
Marginal (5%+)
CoC: 8.7%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

Marginal opportunity. Returns may be limited - consider negotiating or other markets.

💵
$301
Avg ADR
📅
48%
Occupancy
💰
$4,333
Monthly Revenue
🏠
$403K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$2,383
2BR
$3,250
3BR
$4,333
4BR
$5,850
5BR
$7,149
6BR+
$8,449
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEWater Views
+25%
MUST HAVEDeck/Patio
+15%
HIGH IMPACTKayaks
+12%
HIGH IMPACTFire Pit
+10%
NICE TO HAVEHot Tub
+18%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $8,449/month
2
Add a Water Views
Boost revenue by +25%
3
Target $5,416/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Homer, Alaska is rated C for Airbnb investment with a score of 45/100 (HOLD). The market has an average daily rate (ADR) of $301, 48% occupancy, and estimated monthly STR revenue of $4,333. Median home value is $403,080 with a cash-on-cash return of 8.7%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.