Airbnb & VRBO Performance in Cape Girardeau Missouri.

Short-Term Rental Regulations in Cape Girardeau, Missouri for 2024

Overview of Requirements

To operate a short-term rental in Cape Girardeau, Missouri, hosts must comply with the following regulations:

Licensing and Permits

• Business License: Hosts must obtain a business license to operate a short-term rental.

Safety and Health Standards

• Compliance with Safety and Health Standards: Hosts must ensure their properties meet all safety and health standards, including but not limited to, working smoke detectors, fire extinguishers, and clear emergency evacuation routes.

Taxation

• Transient Occupancy Tax: Hosts are required to collect and remit a transient occupancy tax on each rental transaction.

Zoning Regulations

• Zoning Compliance: Short-term rentals are limited to certain areas of the city as specified by local zoning regulations.

Operational Requirements

• Guest Communication and Support: While not mandated, hosts are advised to provide adequate guest communication and support, which can be facilitated through professional management services.

Additional Compliance

• Property Maintenance: Hosts must ensure the property is well-maintained, including cleaning and maintenance services, to meet guest expectations and comply with local standards.

By adhering to these regulations, hosts can ensure their short-term rental operations are legal and compliant with the city's requirements.

Top Neighborhoods for Airbnb Revenue in Cape Girardeau, Missouri

While specific neighborhood-level data for Cape Girardeau is not extensively detailed in the sources, we can infer the most appealing areas based on local attractions, demand, and general trends.

Recommended Neighborhoods

Downtown Cape Girardeau

• Appeal: This area is highly attractive due to its walkability and proximity to historic sites, restaurants, and shops. Guests can easily access the Red House Interpretive Center, Old Lorimier Cemetery, and the vibrant downtown scene.
• Revenue Potential: Properties in this area tend to have higher occupancy rates and daily rates due to their central location and the appeal of local culture and history.

Historic Boulevard District

• Appeal: Known for its historic homes and charming atmosphere, this district is a favorite among guests looking for a unique and authentic experience. It is close to Southeast Missouri State University and other local attractions.
• Revenue Potential: The historic charm and proximity to the university make this area highly desirable, leading to higher revenue potential for Airbnb hosts.

Cape Rock Park and Surrounding Areas

• Appeal: This area is popular for its scenic views and outdoor activities. Guests can enjoy the park, the Mississippi River, and nearby attractions like the Riverfront Bridge Park.
• Revenue Potential: The combination of natural beauty and recreational opportunities makes this area appealing, especially during peak months like August, which can drive higher revenue for Airbnb listings.

SEMO and Capaha Park Area

• Appeal: This neighborhood is attractive to guests due to its proximity to Southeast Missouri State University and Capaha Park. It offers a mix of academic and recreational activities.
• Revenue Potential: The demand from students, parents, and visitors to the university, along with the park's amenities, contributes to a stable and profitable Airbnb market.

Why These Neighborhoods Are Appealing

• Proximity to Local Attractions: Areas close to Trail of Tears State Park, Cape Rock Park, and the Mississippi River are highly sought after due to their natural beauty and recreational opportunities.
• Historic and Cultural Significance: Neighborhoods with historic homes and central locations near downtown attractions are popular among guests looking for a unique experience.
• University Proximity: Being near Southeast Missouri State University ensures a steady stream of guests, including students, parents, and academic visitors.
• Growing Tourism Industry: Cape Girardeau's growing tourism industry, fueled by its scenic beauty and cultural sites, makes these neighborhoods increasingly appealing for short-term rentals.

Creating an Inviting Airbnb in Cape Girardeau, Missouri: Design and Furnishing Tips

Understanding the Local Style

• Cape Girardeau is known for its historical significance, scenic beauty, and vibrant arts and culture scene. Incorporate elements that reflect this, such as Victorian architecture inspirations or local art pieces.

Choosing Quality Furniture

• Invest in quality furniture to avoid frequent replacements, which can be more costly in the long run. Opt for durable and aesthetically pleasing pieces.

Avoiding Generic Decor

• Steer clear of generic furniture from places like IKEA and Target, which can make your space look like many others. Instead, select unique items that add character to your space.

Selecting Statement Pieces

• Focus on statement pieces such as couches, coffee tables, credenzas, and dining room tables. These items define the space and are worth splurging on.

Incorporating Local Amenities

• Guests often look for properties with unique or historical features, outdoor spaces, and fully equipped kitchens. Ensure your Airbnb includes these sought-after amenities.

Adding Personal Touches

• Include personal touches like plants, local artwork, and decorative items that reflect the city's culture and history. This can make the space feel more welcoming and authentic.

Balancing Budget and Quality

• Prioritize your spending by choosing which rooms to splurge on. Typically, the living room is a key area to focus on. Make budget-friendly choices in other areas to balance your expenses.

Ensuring Functionality and Durability

• Select furnishings that are both functional and durable. This is crucial for a short-term rental property where items may be subject to more wear and tear.

Complying with Local Regulations

• Ensure that your furnishings and design comply with local safety and health standards, as well as zoning regulations. This is essential for maintaining a compliant and safe Airbnb.

Highlighting the Location

• Emphasize the proximity to downtown, river views, or other local attractions through your decor and amenities. This can enhance the guest experience and make your Airbnb more appealing.

Discover Cape Girardeau: Local Attractions and Insider Tips

Historical and Cultural Attractions

• Crisp Museum: Located in the heart of Cape Girardeau, this museum features ever-changing exhibits and educational programs. Don't miss the special events and tours.
• Cape River Heritage Museum: Housed in an old police and fire station, this museum celebrates the unique character of southeastern Missouri with various exhibits and community events.
• Glenn House: A national historic building offering regular tours from May to October, and ghost tours for those interested in the supernatural.
• Lorimier's Trading Post: A historical site that showcases the early trading history of the area.

Outdoor and Natural Attractions

• Trail of Tears State Park: Offers hiking, camping, fishing, swimming, and equestrian pursuits. It's a memorial to the Cherokee tribe and features native woodlands and diverse wildlife.
• Cape Girardeau Conservation Nature Center: Features hands-on exhibits, a 160-seat auditorium, freshwater aquariums, and nature hiking trails. Don't miss the hummingbird garden and reconstructed swamp.
• Bollinger Mill State Historic Site: Includes a workable mill and the oldest covered bridge in Missouri. Enjoy picnic areas, fishing, and a historical cemetery.
• Cape Rock: A beautiful river overlook with historical plaques and a chance to see trains passing by.

Entertainment and Leisure

• Outer Edge Escape Games: Challenge yourself and friends with themed escape rooms that change regularly.
• Cape West Cinema- Marcus Theatres: Catch the latest movies with reclining chairs and special deals on Tuesdays and Thursdays.
• West Park Lanes: A bowling alley perfect for letting out energy, with slushies from the snack bar being a local favorite.
• Cape Splash Family Aquatic Center: Cool off during summer with eight water slides, and enjoy Christmas lights in the off-season.

Shopping and Dining

• Downtown Cape Girardeau: Explore boutiques, antique shops, and enjoy the Christmas lights and window displays in December. Don't miss the murals along the floodwall, including the Mississippi River Tales Mural.

Insider Tips

• Murals and Riverwalk: Take a stroll along the Riverwalk to see the numerous murals depicting Missouri history and enjoy the scenic views of the Mississippi River.
• Local Events: Check the local event calendar for activities such as the SEMO Women’s Volleyball and Basketball games, theater performances, and the annual Christmas Craft Fair.
• World’s Largest Fountain Soda Cup: Stop by Rhode’s gas station for a unique photo opportunity with the world’s largest fountain soda cup.
• Ghost Tours: If you're visiting during the right season, consider a ghost tour at the Glenn House for a spooky and historical experience.

Additional Recommendations

• Capaha Rose Garden: While not as extensive as it once was, the area still offers a glimpse into Cape Girardeau's history as "The City of Roses".
• Cape Girardeau Nature Center Events: Participate in mindfulness sessions, naturalist Q&A, and other nature-focused activities at the Cape Girardeau Nature Center.

By sharing these attractions and tips, you can help your guests make the most of their visit to Cape Girardeau, Missouri.

Practical Tips to Run a Successful Short Term Rental Business in Cape Girardeau, Missouri

To ensure a successful short-term rental business in Cape Girardeau, Missouri, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.

Noise Regulations and Quiet Hours

Inform your guests about quiet hours to maintain a peaceful environment, especially in residential areas. Include clear noise regulations in your digital and physical house manual to avoid any misunderstandings.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should be easily accessible to guests, either in the property or via a digital link provided before their arrival.

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 use the smart locks, along with parking instructions accompanied by photos to ensure a smooth arrival.

Compliance with Local Regulations

Ensure you comply with all local regulations, including obtaining a business license and collecting the required 4.225% state sales tax. Be aware of zoning laws and any restrictions on short-term rentals in certain areas of the city.

By implementing these strategies, you can optimize your short-term rental business, enhance guest experiences, and maintain a positive reputation in the competitive Cape Girardeau market.

Here is a brief list of house cleaning providers in Cape Girardeau, Missouri:

House Cleaning Services

Semo House Cleaning

• Offers comprehensive home cleaning services including sweeping, vacuuming, carpet shampoo, mopping, dusting, and more.
• Serves Cape Girardeau, Jackson, and Scott City MO.
• Prices start at $15/hr.
• Contact: 573-429-7289.

Merry Maids

• Provides comprehensive cleaning services for homes with 40 years of experience.
• Offers free estimates.
• Located in Southeast Missouri, serving Cape Girardeau.

Various Providers Listed on Care.com

• A list of 19 affordable house cleaning options in Cape Girardeau, starting at $19.78/hr.
• Searchable by rates, reviews, experience, and more.

Various Providers Listed on Angie's List

• A list of top-rated house cleaners in Cape Girardeau, with average costs ranging between $30 and $50 per hour.
• Varies depending on the house and services needed.

Note:

While the sources provided do not specifically mention repair or maintenance services, they are focused primarily on cleaning services. For repair or maintenance, you may need to look into separate providers.

Cape Girardeau, Missouri: Understanding Short-Term Rental Management Fees

In Cape Girardeau, Missouri, 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 comprehensive tasks such as guest communication, marketing, booking management, and maintenance, tends to be on the higher end of this spectrum, often starting at around 20% to 30% of the rental income.

Basic or a la carte services, which may only include specific aspects like cleaning or guest support, can be less expensive. Additionally, property owners may incur extra fees for services such as cleaning, repairs, or design enhancements. Companies like Summer and Awning, which operate in the area, adjust their fees based on factors such as property size, type, location, and annual revenue, ensuring a tailored approach to managing short-term rentals.