Airbnb & VRBO Performance in Anchorage Alaska.

Short-Term Rental Regulations in Anchorage, Alaska for 2024

Licensing and Registration

• Licensing Requirement: Although a licensing program was approved by the Anchorage Assembly, it was vetoed by Mayor Dave Bronson. However, there was a proposal for a two-year renewable license for each rental unit, costing $400 annually.
• Exemptions: The proposed license fee would be waived for deployed military, operators who rent for less than 15 rental days per year, owners who live on site or a neighboring property as their primary residence, and STRs that also rent long term for more than 180 days per year.

Data Reporting

• Market Data Requirement: Short-term rental platforms like Airbnb and Vrbo must provide the city with data on the vacation rental market, including a list of all units rented, the type of units, and the total number of operators. This data must include location information and be aggregated by month.

Safety and Management Standards

• Safety Inspections: Properties must meet local safety standards, although specific safety inspection requirements were not implemented due to the vetoed licensing program.
• Insurance: A proposed requirement for short-term rental hosts to carry at least $500,000 in property liability insurance, which could be waived if provided by certain major platforms.

Operational Requirements

• 24/7 On-Call Manager: Short-term rental owners must have a 24/7 on-call manager or an alternate to respond within 24 hours to address any issues.

Compliance with Municipal Ordinances

• Noise, Housing, Public Health, and Safety: Short-term rental owners and guests must abide by all applicable existing municipal noise, housing, public health, trash storage and disposal, and fire and safety ordinances.

Taxation

• Room Tax: Short-term rental operators must collect and remit a 12% room tax for stays under 30 days, which is automatically handled by platforms like Airbnb but must be managed independently by hosts using other platforms.

Property Eligibility

• Permissible Rental Structures: Only finished living spaces are allowed for short-term rentals; garages, sheds, or recreational vehicles are not permissible.
• Occupancy Limits: Guest capacity restrictions include two adults per bedroom, plus an extra two per unit in larger dwellings, and a ceiling of two adults for studio units.

Community Impact

• Impact on Housing Market: The city aims to gather data to understand how short-term rentals affect the housing market, particularly in addressing the housing shortage and rising housing costs.

Top Neighborhoods for Airbnb Revenue in Anchorage, Alaska

1. Downtown Anchorage

• Appeal: Downtown Anchorage is a hub for various attractions, including restaurants, bars, the convention center, bus station, museums, bike trails, and pubs. Guests love the proximity to the train depot, scenic coastal trail, and world-class salmon fishing at Ship Creek. Properties like the "Downtown Historic Attic Suite" and "Wolf's Downtown Den" offer historic charm, modern amenities, and stunning views of the Inlet and surrounding mountains.

2. Rogers Park

• Appeal: Located centrally, Rogers Park offers easy access to hospitals, the university, downtown, and the airport. Guests appreciate the modern amenities, private decks with mountain views, and proximity to the Chester Creek Trail. Rentals like the "Modern Apt, central location" provide a balance of privacy and convenience.

3. Near Westchester Lagoon and Coastal Trail

• Appeal: This area is popular for its scenic views, access to the coastal trail, and proximity to Westchester Lagoon. Guests enjoy the tree and mountain-filled views, gorgeous sunsets, and bird watching opportunities. Properties such as the "Downtown Vintage Charm" and "Coastal-View Apartment Near Downtown Anchorage" are highly rated for their location and amenities.

4. Hillside and Surrounding Areas

• Appeal: Neighborhoods with hillside views, such as Hillside Acres, offer quiet and spacious accommodations with views of the Alaska Range and Cook Inlet. Guests appreciate the large open spaces, fully equipped kitchens, and the serene atmosphere. Rentals like "Hillside Acres, Quiet & Spacious MIL with Views" are favored for their tranquility and scenic views.

5. Airport Area and Dimond Blvd

• Appeal: The area near the airport and Dimond Blvd is convenient for travelers, offering quick access to the airport and central shopping areas. Guests like the modern amenities, designated workspaces, and easy access to trails and restaurants. Properties such as the "~Midnight Sun Suite~" and "Cozy Condo Anchorage Basecamp" are popular for their convenience and comfort.

These neighborhoods are highly appealing due to their combination of central locations, modern amenities, scenic views, and easy access to various attractions and outdoor activities, making them ideal for a wide range of guests.

Tips for Furnishing and Designing an Inviting Airbnb in Anchorage, Alaska

Understand the Local Style and Preferences

• Incorporate elements that reflect Anchorage's natural beauty, such as rustic, cozy, and nature-inspired designs. Use natural woods, warm color palettes, and outdoor-themed art to create a welcoming atmosphere.

Choose Functional and Durable Furnishings

• Select furnishings that are both functional and durable, as they need to withstand the wear and tear of frequent guests. Opt for high-quality materials and comfortable pieces like cozy couches, stylish dining furniture, and luxurious bedding.

Highlight Local Amenities and Activities

• Ensure your property includes amenities that cater to the local outdoor lifestyle, such as fully equipped kitchens for cooking fresh catches, barbecuing facilities, and outdoor spaces for relaxing. Hot tubs and pet-friendly policies can also enhance the guest experience.

Optimize for Seasonal Tourism

• Given Anchorage's seasonal tourism, design your space to appeal to both summer and winter visitors. Include features like fireplaces or wood stoves for winter comfort and large windows or porches for summer enjoyment.

Pay Attention to Details

• Add small touches that make a big difference, such as plants, local artwork, and modern comforts integrated into rustic designs. These details can make the space feel more inviting and authentic.

Ensure High-Speed Internet and Modern Conveniences

• Provide amenities like high-speed internet, streaming services, and a laptop-friendly workspace to cater to the needs of modern travelers.

Maintain a Clean and Well-Maintained Property

• Keep your property clean, well-maintained, and always ready for the next booking. This includes fresh linens, toiletries, and a fully stocked kitchen.

Consider the Neighborhood and Location

• Choose properties in neighborhoods that are close to outdoor recreational activities, local attractions, and amenities. Proximity to the city center or natural landmarks can significantly enhance the appeal of your Airbnb.

Personalize the Space

• Add unique and personalized touches to your property to make it stand out. This could include local decor, unique furniture pieces, or special amenities that reflect the Alaskan experience.

Prioritize Guest Comfort and Safety

• Ensure your property complies with local safety and zoning codes. Provide guests with essential information, including contact details and emergency procedures, and adhere to occupancy limits.

Discover Anchorage, Alaska: Local Attractions and Insider Tips

Outdoor Activities

• Tony Knowles Coastal Trail:
• An 11-mile paved trail perfect for walking, biking, rollerblading, and Nordic skiing. Rent bikes at Pablo’s Bicycle Rentals or skates/Nordic skis at Play It Again Sports.

• Accessible from Westchester Lagoon, with stunning views of the Chugach Mountains and downtown Anchorage.

• Kincaid Park:

• A 1,500-acre park offering trails for walking, running, biking, Nordic skiing, and orienteering. Features over 40 miles of groomed ski trails, including 12 miles of lighted paths for night skiing.

• Flattop Mountain:

• Anchorage’s most hiked peak, offering panoramic views of the city, Cook Inlet, and the Chugach Range. Be prepared for steep terrain and rock scrambling at the top.

• Earthquake Park:

• A park marking the area where a neighborhood slid into the ocean during the 1964 earthquake. Accessible from the Tony Knowles Coastal Trail.

Cultural and Educational Experiences

• Anchorage Museum:

• Alaska’s largest museum, featuring Alaska Native art, historical exhibits, and rotating exhibitions. Includes a hands-on discovery center for kids and a great gift shop.

• Alaska Native Heritage Center:

• A cultural and educational center showcasing the heritage of Alaska’s 11 major cultural groups. Offers interactive exhibits, daily presentations, and traditional Native Alaskan village reconstructions.

Unique Attractions

• Westchester Lagoon:

• A vibrant outdoor area with ice skating in winter and access to the Tony Knowles Coastal Trail. Enjoy birdlife in the summer and beautiful mountain views year-round.

• Ship Creek:

• A spot for birding and ghost hunting. Known for its historical significance as Tent City for early Anchorage settlers and the haunting legend of an Alaska Native woman.

• Eklutna Village Historical Park:

• Features brightly colored wooden Spirit Houses representing Athabaskan tradition and Russian Orthodox influence. A 30-minute drive from downtown Anchorage.

• Alaska Aviation Museum:

• Located on Lake Hood, the world’s largest floatplane base, showcasing historic aircraft and offering community events like big band dances and beer tastings.

Day Trips and Nearby Attractions

• Girdwood and Alyeska Tramway:

• Enjoy hiking, downhill mountain biking, and take the Alyeska Tramway for panoramic views of glaciers, kettle ponds, and Turnagain Arm. About a 45-minute drive from Anchorage.

• Alaska Wildlife Conservation Center in Portage:

• Guaranteed wildlife viewing, including bears, moose, and other Alaskan wildlife. A great stop on the way to Seward or Whittier for glacier and wildlife cruises.

• Matanuska and Susitna Valleys:

• Visit the Musk Ox Farm, see the stunning Matanuska Glacier, and explore the picturesque town of Talkeetna. Ideal for flightseeing trips and jet boat tours.

Insider Tips

• Fur Rendezvous (Fur Rondy) Festival:

• A winter festival in late February featuring a grand parade, fur auction, running of the reindeer, and more. A great way to experience local culture and community events.

• First Friday Artwalk:

• Explore downtown Anchorage on the first Friday of each month to discover new artists and galleries.

• Local Cuisine and Breweries:

• Try local specialties like king crab, halibut, salmon, and reindeer sausage. Anchorage is also home to over a dozen breweries, making it an under-the-radar beer town.

• Tax-Free Shopping:

• Enjoy shopping in Anchorage without sales tax. Find authentic Alaska works, traditional Native art, and local crafts.

• Extended Daylight:

• Between March 20 and September 22, Anchorage has more daylight than any other U.S. city, allowing for extensive outdoor activities in the evenings.

Practical Tips to Run a Successful Short Term Rental Business in Anchorage, Alaska

To ensure a smooth and successful short-term rental business in Anchorage, Alaska, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to maintain a peaceful environment for both the guests and the neighbors. Include this information in your digital and physical house manual to set clear expectations.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details about the property. This manual should cover everything from appliance usage to emergency procedures, ensuring guests have all the information they need at their fingertips.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests receive all necessary access codes in advance.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests navigate any parking challenges. This can prevent confusion and potential issues with neighbors or local parking regulations.

By following these tips, you can enhance the guest experience, reduce potential issues, and ensure your short-term rental business in Anchorage operates efficiently and compliantly with local regulations.

Here is a brief list of house cleaning providers in Anchorage, Alaska:

House Cleaning Providers in Anchorage, AK

A Affordable Cleaning By Diane's Service

• Specializes in move in/out, residential, new construction, and commercial cleaning.
• Offers environmentally friendly cleaning services and same-day cleaning availability.
• No contracts required; competitive pricing and customizable services.

White Lilac Cleaning

• Provides tailored cleaning services for homes in Anchorage and surrounding areas.
• Offers detailed home upkeep, move in/out cleaning, and post-construction services.
• Emphasizes professionalism, safety, and personalized experiences.

Homeaglow

• Offers professional and affordable house cleaning services.
• Background-checked cleaners; initial 3-hour clean starting at $19.

Additional Resources

For more options, you can also refer to:- Angi's Top 10 Best House Cleaners in Anchorage, AK: A list of highly rated house cleaners with real reviews and ratings.- Care.com's House Cleaning Services in Anchorage, AK: A list of 57 affordable house cleaning services with average rates and reviews.

Anchorage, Alaska Short-Term Rental Management Fees: A Comprehensive Guide

In Anchorage, Alaska, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. Companies like One Fine BnB and Outpost AK offer comprehensive services that include daily price optimization, listing management, guest services, and maintenance, which can justify the higher fees.

Basic services, such as setup and minimal oversight, may incur lower fees. Additionally, property owners may encounter extra fees for specific services like cleaning, repairs, or design enhancements. These additional costs can be managed through various models, including flat fees or percentage-based charges, and it is crucial for owners to review the terms and conditions of any management contract to understand all the associated fees.