Midwest3.7% avg cap rateLive · 41 active listings

Lake of the Ozarks, MO

Midwest's biggest party lake - high-volume boating STR market

Lake of the Ozarks is a 1,150-mile shoreline reservoir in central Missouri - the most-visited lake in the Midwest with over 5 million annual visitors. The STR market is dominated by lakefront properties with boat docks, and summer demand from Kansas City, St. Louis, and Chicago is intense. Entry prices are extremely low relative to returns, producing some of the strongest cash-on-cash returns of any US lakefront market.

3.7%
Avg Cap Rate
Net operating income / price
30%
Avg Occupancy
Annual average
$312
Avg Nightly Rate
All property types
$1.4M
Avg List Price
STR-viable properties

41 active listings in Lake of the Ozarks are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

See the ranked listings

Estimated Annual Performance

Gross rental revenue
30% occ × $312/night
$34,392
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $13,757
Est. net operating income
Before mortgage & depreciation
$20,635
At $1.4M avg price
Implied cap rate
1.5%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Lake of the Ozarks

1,150 miles of shoreline - largest recreational lake in Missouri
5M+ annual visitors - Midwest's most visited lake destination
Boat dock access adds 30-50% to nightly rate vs. non-dock properties
Lowest lakefront STR entry prices in the US with strong cap rates
Peak season: Memorial Day - Labor Day (peak: July 4th)
Top property types: Lakefront Home, Condo, Cabin, Single Family
Primary zip: 65049, 65065, 65020, 65085

Lake of the Ozarks STR investing, answered

Is Lake of the Ozarks, MO a good short-term rental market?

Lake of the Ozarks is a Midwest STR market averaging a 3.7% cap rate, 30% annual occupancy, and $312/night across STR-viable listings, based on 41 active listings. Lake of the Ozarks is a 1,150-mile shoreline reservoir in central Missouri - the most-visited lake in the Midwest with over 5 million annual visitors. The STR market is dominated by lakefront properties with boat docks, and summer demand from Kansas City, St. Louis, and Chicago is intense. Entry prices are extremely low relative to returns, producing some of the strongest cash-on-cash returns of any US lakefront market.

What is the average Airbnb occupancy rate in Lake of the Ozarks?

STR-viable properties in Lake of the Ozarks average about 30% occupancy across the year. Peak season is Memorial Day - Labor Day (peak: July 4th). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Lake of the Ozarks?

At $312/night and 30% occupancy, a typical Lake of the Ozarks STR grosses roughly $34,392 per year before expenses, leaving an estimated $20,635 in net operating income against a $1.4M average price, an implied 1.5% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Lake of the Ozarks?

The strongest-performing STR property types in Lake of the Ozarks are Lakefront Home, Condo, Cabin, Single Family. 1,150 miles of shoreline - largest recreational lake in Missouri. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Lake of the Ozarks?

STR-viable listings in Lake of the Ozarks average around $1.4M. Primary STR ZIP codes include 65049, 65065, 65020. Combined with the market's 3.7% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 41 active listings · last updated Sep 1, 2026

Run a live analysis in Lake of the Ozarks

Search active MLS listings in Lake of the Ozarks and instantly see cap rates, cash flow projections, and STR comp-backed nightly rates - all in one underwriting report.