Airbnb & VRBO Performance in Bingen Washington.

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Bingen, Washington: Airbnb & VRBO Vacation Rental Market Overview

In Bingen, Washington, the short-term rental market is navigating new regulations while showing promising signs of stability, with existing rentals operating under a capped limit of 32 units and anticipating improved occupancy rates in the late fall season.

Market overview

Bingen, Washington: A Resilient Short-Term Rental Market

Despite national trends showing a decline in short-term rental performance, Bingen, Washington, is demonstrating resilience and potential for growth. As of the latest data, short-term rentals in Bingen are maintaining a robust average occupancy rate of 55%, which is a promising figure given the current market conditions. Additionally, these rentals are commanding an average daily rate of $183, contributing to a healthy monthly revenue stream. The city's recent implementation of new regulations, including a cap on the number of short-term rentals and a 10-year permit term, aims to balance the needs of property owners and long-term residents, ensuring a sustainable and equitable market environment. With these measures in place, Bingen is well-positioned to continue attracting tourists and supporting local property owners in the short-term rental sector.

Short Term Regulations

Short-Term Rental Regulations in Bingen, Washington for 2024

Overview of Regulations

The City of Bingen has implemented several regulations to manage and oversee short-term rentals (STRs) or vacation rentals. Here are the key regulations:

1. Limit on Number of STRs

  • The number of STRs/vacation rentals is capped at 32 units or 10 percent of the existing housing stock, whichever is less.

2. Licensing Requirements

  • Property owners must obtain a license from the city to operate as an STR/vacation rental. The permit is valid for 10 years.

3. Annual Fees

  • Property owners are required to pay an annual fee of $285, which covers the cost of services provided by Granicus.

4. Business License

  • STR operators must obtain a Washington State business license with a City of Bingen endorsement and an NAICS code for Short-Term Rental.

5. Liability Insurance

  • Operators must maintain primary liability insurance covering the short-term rental dwelling unit with an aggregate of not less than $1,000,000.

6. Application Requirements

  • The application must include:
  • Parking diagram and photos of interior and exterior parking spaces
  • Documentation of liability insurance
  • Proof of garbage service
  • City of Bingen Vacation Rental Self-Inspection
  • Neighboring Properties Notice.

7. Consumer Safety Requirements

  • Operators must provide contact information to guests, ensure compliance with state building codes (e.g., carbon monoxide alarms), and post emergency contact information, floor plans, and maximum occupancy limits in the dwelling unit.

8. Compliance and Penalties

  • Failure to comply with these regulations will result in penalties outlined in the Bingen Municipal Code (BMC 5.16.110).

9. Inspections

  • Property owners can perform the inspection independently, as required by major rental sites like Airbnb and VRBO. However, the city may conduct inspections to ensure compliance.

10. Transition Period

  • Property owners have until the implementation date in 2025 to comply with these regulations, with permit applications opening in March 2024.
Neighborhood Performance

Top Airbnb Revenue-Generating Areas in Bingen, Washington

While specific neighborhood data for Bingen, Washington, is not extensively detailed in the sources, we can infer some insights from the available data on the town as a whole and its appeal to guests.

Bingen, WA - General Overview

Why Bingen is Appealing

  • Proximity to Natural Attractions: Bingen is situated near the Columbia River Gorge and is close to outdoor recreational areas, making it attractive to nature lovers and those seeking scenic getaways.
  • Tourist Demand: The area benefits from tourism due to its natural beauty and proximity to popular destinations like the Columbia River Gorge and nearby wineries.

Key Metrics for Bingen, WA

  • Average Daily Rate: $183
  • Occupancy Rate: 55%
  • Average Annual Revenue: $21,619

Appeal to Guests

  • Natural Beauty: The scenic landscapes and outdoor recreational opportunities make Bingen an ideal destination for those looking to escape urban life.
  • Local Amenities: Many listings include amenities such as internet, heating, wireless internet, parking, and kitchens, which enhance the guest experience.
  • Accessibility: The town's location near major natural attractions and its manageable size make it easy for guests to navigate and enjoy their stay.

Given that Bingen is a small town and specific neighborhood data is not provided, the entire town can be considered as a single cohesive area for Airbnb investment and guest appeal. However, here are some general points that highlight why Bingen as a whole is attractive:

Title: Bingen, Washington: A Unified Attractive Destination for Airbnb Guests

Reasons for Appeal

  • Natural Attractions
  • Proximity to the Columbia River Gorge and other outdoor recreational areas.
  • Tourist Demand
  • Continuous influx of tourists seeking scenic and nature-based experiences.
  • Amenities
  • Well-equipped listings with essential amenities like internet, heating, and kitchens.
  • Accessibility
  • Easy to navigate and enjoy the local scenery and attractions.

While Bingen does not have distinct neighborhoods highlighted in the sources, its overall appeal and revenue potential make it a worthwhile consideration for Airbnb investors and guests alike.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Bingen, Washington

Define Your Property's Aesthetic

  • Tailor your design to reflect Bingen's unique style, which may include elements of its natural surroundings, such as the Columbia River and the scenic beauty of the Columbia River Gorge. Ensure the aesthetic aligns with the local culture and environment.

Choose Functional and Durable Furniture

  • Opt for solid, sturdy pieces that can withstand frequent use. Prefer solid wood over particle board and select furniture with easy-to-clean surfaces.

Incorporate Smart Storage

  • Use space-saving furniture with built-in storage, such as beds with drawers, wall hooks, and stackable containers. This helps keep the space tidy and provides guests with designated areas for their belongings.

Ensure Easy Maintenance

  • Select furniture that is easy to clean and maintain. For example, choose sofas with washable covers, leather or wooden dining chairs, and use ScotchGuard on fabrics to protect against stains.

Utilize Mirrors and Lighting

  • Use mirrors to make the space feel larger and brighter. Place mirrors near windows to reflect natural light. Incorporate multiple light sources, including overhead, task, and accent lights, to create a well-lit and inviting atmosphere.

Select Purposeful and Useful Items

  • Avoid unnecessary decor and ensure each piece of furniture serves a purpose. For instance, use cabinets under TVs for storage and replace nightstands with small accent tables to maximize space.

Consider Your Target Audience

  • Design the space with your target guests in mind. For example, if you're catering to digital nomads, include a comfortable working desk. If you're targeting families, ensure there is a well-organized space for children's items.

Add Personal Touches

  • Include personal touches that tell a story about the host and the location. This can include local ceramics, quirky items, or other unique pieces that reflect the character of Bingen. However, avoid cluttering the space with too many personal items.

Opt for Neutral but Not Bland Colors

  • Use a mix of neutral colors that are easy to maintain but avoid an all-white interior. Neutral colors can be bleached and are practical, but adding some color can make the space more inviting.

Ensure Accessibility and Safety

  • Make your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms. Secure large items such as TVs and mirrors to the wall to prevent accidents.

Timing and Budgeting

  • Plan furniture updates during the off-season or between bookings to minimize disruption. Set a budget and prioritize spending on key, statement pieces that define the space while making necessary sacrifices elsewhere.
Insider Tips

Discover Bingen, Washington: Local Attractions and Insider Tips

Local Attractions

Hiking and Outdoor Activities

  • Catherine Creek Hike: A gradual uphill climb offering stunning views of the Columbia River and Mt. Hood.
  • Sleeping Beauty Hike: Rewards hikers with views of Mt. Hood, Mt. Adams, and Mt. Rainier from the top.
  • Coyote Wall Loop: A popular trail system in Lyle, WA, with year-round views of the Columbia River Gorge and abundant wildflowers in the spring.
  • Wind River and Bingen Harbor: Ideal spots for Stand Up Paddle Boarding, canoeing, kayaking, and swimming.

Cultural and Historical Sites

  • Maryhill Museum of Art: Located a half-hour drive east from Bingen, offering expansive views of the Columbia River Gorge.
  • Columbia Hills Historical State Park: Features Native American petroglyphs, horseback riding, climbing, and biking opportunities.

Food and Drink

  • Everybody’s Brewing: Enjoy craft beer flights, famous nachos, and live music or game nights.
  • White Salmon Baking Co.: Savor breakfast or lunch and take home freshly baked bread or English muffins.
  • Dickey’s Farm Store: A unique store offering local pottery, homemade jellies, and various other local products.

Wineries

  • Syncline Winery: A scenic winery just a 10-minute drive from Bingen, known for its Subduction Red wine.

Other Attractions

  • The Society Hotel: A converted 1930s school building turned into a hotel and spa, offering a unique stay experience.
  • Chips Bar & Grill: A local favorite bar with a distinctive atmosphere and unique menu items.
  • Rheingarten Park: A community park with farmers markets, outdoor sports courts, and a playground.

Insider Tips

Local Events

  • White Salmon Festival: An annual fall festival presented by Everybody’s Brewing, featuring live music and other activities.
  • Chefs Collective Dinner Series: A multi-course dinner at RubyJune Inn, sourced from local farms and paired with regional wines.

Hidden Gems

  • Antiques & Oddities: A well-organized antique store in Bingen with a wide range of vintage items.
  • Goodfellows Tonsorial Parlor: Offers beard trims, straight razor shaves, and other grooming services in a unique setting.

Activities for All Seasons

  • White Salmon Bike Park: A family-friendly, non-motorized park open from dawn until dusk.
  • Ski Season: Enjoy skiing and other winter activities in the Gorge, with tips on how to make the most of your winter visit.

Transportation

  • Amtrak Bingen-White Salmon Station: Convenient access to daily Amtrak trains connecting to Portland, Oregon, and Chicago.

By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Bingen, Washington, and experience the unique charm of the Columbia River Gorge.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Bingen, Washington

To ensure the success of a short-term rental business in Bingen, Washington, several practical tips can be implemented to enhance the guest experience and comply with local regulations.

Noise Regulations and Guest Communication

Inform guests about quiet hours and noise regulations to maintain a harmonious environment. Include this information in both digital and physical house manuals to ensure clarity. This step is crucial as Bingen has specific rules and regulations that property owners must adhere to, and non-compliance can result in penalties.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other pertinent information. This manual should cover all aspects of the property, from appliance usage to emergency contact details, to make the guest's stay as smooth and enjoyable as possible.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos and videos to guide them through the process. This not only enhances convenience but also reduces the likelihood of issues during check-in.

Parking Instructions

Include detailed parking instructions with photos in the house manual to help guests navigate parking spaces efficiently. This is particularly important in Bingen, where parking arrangements can be specific and may require documentation as part of the vacation rental application.

By implementing these strategies, you can ensure a positive and hassle-free experience for your guests, while also complying with the local regulations and standards in Bingen, Washington.

Local Vendors

Here is a brief list of house cleaning, and related services providers in Bingen, Washington:

House Cleaning Services

  • Sparkling and Beyond: Offers professional cleaning and deep cleaning services for houses, businesses, and commercial properties.
  • L & M Housekeeping: Provides residential and commercial cleaning solutions.

Specialized Cleaning Services

  • Biotrauma: Specializes in biohazard cleaning and crime scene cleaning.

For additional house cleaners in the area, you can also refer to the list on Angi, which includes ratings and reviews for various house cleaning services in Bingen, WA.

Management fees

Short-Term Rental Management Fees in Bingen, Washington

In Bingen, Washington, the management fees for short-term rentals can vary significantly based on the level of service provided. Typically, these fees range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income. In contrast, basic or half-service management options may incur lower fees. Additionally, property owners may need to pay extra for services like cleaning, repairs, or interior design, which are not always included in the core management package.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Bingen should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Bingen.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Washington