DwellSignal blog

Short-term rental markets, measured

Legality by city, honest revenue math with sample sizes, weekly movers, and the financing questions no data company answers. Every post shows its work.

New Orleans riverfront and skyline
Legality and rules

STR permit fees in 40 cities: what you pay before your first guest

The permit and registration fees 40 cities publish for short-term rentals, quoted as written in each ordinance or fee schedule, with the source beside every figure.

September 2, 20262 min readdata as of 2026-09-01
0%20%40%60%80%1 night2 nights3 to 4 nights5 to 6 nights7 to 13 nights14 to 29 nights30 nights or moreBooked share of the next 30 nights · dot = median, bar = middle half
Operating the asset

Does a 3-night minimum cost you bookings? Not in the next 30 days

On 29,000 entire homes, a one-night minimum and a three-night minimum show the same share of the coming month already taken. Longer rules are too thin in the data to call. A null result, with the sample.

September 4, 20262 min readdata as of 2026-08-22
Downtown Nashville skyline from across the river
Market movers and reports

Who you are really competing with: where professional hosts own the supply

Across 483,048 active entire-home and room listings in our dataset, 54% belong to hosts running three or more, and 33% to hosts running ten or more. Here is where the professionals hold the supply, and where the single-listing host still does.

September 3, 20262 min readdata as of 2026-08-22
$30k$50k$70k$90k$300$400$500$600$700SalinasSan DiegoTruckeeSanta RosaAnnual revenueNightly rate →In the top 15 on both (6)
Honest revenue math

The priciest markets are not the best earners

Across 220 metros with a served revenue figure, the rank correlation between median nightly rate and median annual revenue is 0.83. Only 6 of the fifteen highest-rate markets are among the fifteen highest-earning.

August 31, 20262 min readdata as of 2026-08-22
Austin skyline at night over the river
Legality and rules

How many rentals match a permit, city by city

All 41 sub-markets where we hold a usable permit registry and at least 200 entire-home listings, ranked by the share of listings that match a permit, from 11% in St. Petersburg to 94% in Nashville.

August 28, 20262 min readdata as of 2026-08-22
Industry definition = 100Occupancy+60%Average daily rate+78%Revenue per available night+179%Vendor figure, indexed to the industry definition
Honest revenue math

Why the number you see on AirDNA is too high

The one peer-reviewed measurement of vendor short-term rental data found occupancy overstated by 60% and revenue per available night by 179%. The cause is definitional, and here is how we define ours.

August 11, 20264 min read

How the numbers work

The definitions and rules behind every figure on the site.

Meet DwellSignal: four free tools to size up a rental marketAn introduction to exploring markets, comparing places, and understanding the assumptions behind a property analysis.How permit matching works, and how to check one address yourselfThe rule that links a public short-term rental registry to a listing, the numbers it produces today across 120 usable registries, and how to check a single address against its city's registry.How we count: measured, modeled, or not shownThe definitions behind every DwellSignal number, what measured and modeled mean on a page, and where a figure is withheld rather than guessed.
Newsletter

Movers, rule changes, and the numbers behind them

One email a week. Withheld figures included.