In Carthage, North Carolina, short-term rentals are performing well, with an average 41% occupancy rate, a daily rate of $876, and a monthly revenue of $13,518, indicating a strong and lucrative market for vacation rentals.
Thriving Short-Term Rentals in Carthage, North Carolina
Carthage, North Carolina, is experiencing a robust performance in its short-term rental market. According to recent data, short-term rentals in Carthage are boasting an impressive 41% average occupancy rate, indicating a strong demand for these properties. The average daily rate for these rentals stands at $876, contributing to a substantial monthly revenue of $13,518. This growth is further highlighted by an 8% increase in active listings over the past year, with the majority of these rentals being entire homes. The town's efforts to allow short-term rentals in more areas, including the central business district, are enhancing the appeal for visitors and investors alike, making Carthage an attractive destination for both leisure and investment.
Short-Term Rental Regulations in Carthage, North Carolina for 2024
Definition and Permitted Areas
- A short-term rental is defined as a rental of any residential home unit or accessory building for a period of less than 90 days.
- Short-term rentals are permitted in the residential agricultural district, purely residential areas, the residential historic district, and the central business district.
Regulatory Requirements
- Zoning Permits: Property owners must apply for a short-term rental zoning permit.
- Maximum Occupancy: Compliance with local maximum occupancy standards is required.
- Health and Safety: Installation of fire and safety equipment, including smoke alarms and carbon dioxide detectors, is mandatory.
- Parking: Property owners must provide the required number of parking spaces based on the number of bedrooms rented.
- Liability Insurance: Operators must have liability insurance.
- Taxes: Collection and remittance of occupancy and sales taxes are required.
Additional Considerations
- Local Contact Requirement: There is ongoing discussion about requiring a property owner or authorized representative to live within one mile of the property, though this has been tabled for further research.
- Compliance with State Laws: Short-term rental operators must comply with North Carolina's Vacation Rental Act, which includes various state-level regulations.
Other Regulations
- Documentation: Property owners must provide specific documentation, including property address and details, owner and agent information, local contact information, proof of ownership, and proof of residence when applying for a permit.
- Community Impact: The town aims to balance the benefits of short-term rentals with the need to maintain community peace and safety, addressing concerns such as noise and parking issues.
Top Neighborhoods Generating Airbnb Revenue in Carthage, North Carolina
1. Downtown Carthage
- Appeal: Guests are drawn to the downtown area for its convenience, proximity to local amenities, and the charm of staying in a central, vibrant location. Properties like the "Beautiful new 1 BDR/1 BA downtown apartment" are highly rated for their comfort, privacy, and complete equipment with everything needed for a stay.
2. Southern Pines
- Appeal: Southern Pines is a favorite among guests due to its tranquil surroundings, golf courses, and easy access to nearby towns like Aberdeen. Rentals such as the "Pinehurst #6 Garden Getaway" and "Golfers’ Mid-Century Escape Minutes From Pinehurst" are praised for their cleanliness, spaciousness, and ideal locations for golf enthusiasts.
3. Pinehurst
- Appeal: Pinehurst attracts guests with its renowned golf courses and picturesque settings. Properties like the "Lakefront Pinehurst Condo 2BD/2BA" and "Pinehurst #6 Garden Getaway" are highly rated for their immaculate condition, beautiful bathrooms, and convenient locations close to golf clubs and village amenities.
4. Rural Areas around Carthage
- Appeal: The rural areas, such as those offering farm stays or guesthouses on large acres, are appealing for their peaceful and scenic environments. Places like the "Charming 1 bedroom guesthouse on 4 acres, hot tub" and "Finally Home Farm Bed and Barn" are praised for their welcoming hosts, beautiful scenery, and amenities like hot tubs and fire pits.
5. Lakeview Areas
- Appeal: Lakeview properties, although fewer in number, are highly sought after for their scenic views and recreational opportunities. Rentals such as the "Lakefront Haven & Poolside Fun" and "Crystal Lake Apt near Pinehurst" offer guests a serene lakefront experience with amenities like paddleboats and pools.
These neighborhoods are particularly appealing due to their unique blend of natural beauty, recreational opportunities, and convenient access to local amenities, making them highly attractive to a wide range of guests.
Local Attractions and Insider Tips for Visiting Carthage, North Carolina
Local Attractions
Historical Sites
- Moore County Courthouse: A historic landmark and part of the Carthage Historic District, listed on the National Register of Historic Places.
- J.F. Cole House, J.C. Black House, Daniel Blue House, Bruce-Dowd-Kennedy House, and Alexander Kelly House: Historic homes also listed on the National Register of Historic Places.
Festivals and Events
- Buggy Festival: An annual spring event showcasing the town's history, featuring music, hot rods, old tractors, and crafts. Held in the town square around the Old Court House.
Parks and Recreation
- Nancy Kiser Park: Offers playground equipment, picnic shelters, tennis, basketball, and volleyball courts, and a baseball field.
- Caviness Park: A small pocket park with a pergola, swinging benches, flowers, and a Little Library. Ideal for a quiet stroll.
Insider Tips
Local History
- Share the legend about the Tyson & Jones Buggy Company and the often-repeated but unverified story about Henry Ford's interest in the old plant. This adds a fascinating layer to the town's history.
Notable Residents
- Inform guests about notable residents such as U.S. President Andrew Johnson, who lived in Carthage during his teenage years, and Lucean Arthur Headen, an African-American aviator and inventor.
Day Trips
- Recommend nearby attractions like the Airborne & Special Operations Museum in Fayetteville, Aloha Safari Park in Cameron, and Cape Fear Botanical Garden in Fayetteville for day trips.
Shopping and Markets
- Suggest visiting the Moore County Farmers Market for local produce and crafts.
Safety and Awareness
- Briefly mention the 2009 shooting incident at the Pinelake Health and Rehab Center to provide context, but reassure guests that the town is generally safe.
Additional Tips
- Dining and Socializing: Point out local eateries and suggest attending community events or holiday parties to experience the town's social scene.
- Exploring Downtown: Encourage guests to stroll through Downtown Carthage to enjoy the historic architecture and local shops.
- Outdoor Activities: Recommend exploring the surrounding areas for hiking, kayaking, or other outdoor activities available in nearby parks and nature reserves.
By providing these insights, guests can have a more enriched and enjoyable experience in Carthage, North Carolina.
Practical Tips to Run a Successful Short Term Rental Business in Carthage, North Carolina
To ensure a successful and hassle-free short-term rental business in Carthage, North Carolina, several practical tips can be implemented. First, it is crucial to address noise regulations by informing guests about quiet hours through clear communication in the rental agreement and a digital or physical house manual. This manual should also include essential instructions, Wi-Fi passwords, and other pertinent details to make the guest's stay comfortable and convenient.
A simplified check-in process can be achieved by utilizing smart locks, which eliminate the need for physical key exchanges and provide guests with immediate access to the property. Additionally, providing detailed parking instructions accompanied by photos can help avoid common issues such as parking on lawns, a concern highlighted in nearby areas like Pinehurst.
By focusing on these aspects, you can enhance the guest experience, reduce potential conflicts, and ensure a smooth operation of your short-term rental business in Carthage.
Here is a brief list of house cleaning providers in Carthage, North Carolina:
House Cleaning Services in Carthage, NC
Sparkling and Beyond
- A professional cleaning company based in Carthage, NC, using state-of-the-art equipment and with years of experience.
Care.com Cleaning Services
- Offers a list of affordable cleaning ladies and house cleaning services starting at $15.00/hr, searchable by rates, reviews, and experience.
Eleg Maid Service
- Provides premier maid services with a professional team delivering thorough and eco-friendly cleaning.
Top-Rated House Cleaners on Angie's List
- A list of the top 10 best house cleaners in Carthage, NC, with real reviews and ratings.
Short-Term Rental Management Fees in Carthage, North Carolina: A Guide
In Carthage, North Carolina, 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, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that may only cover essential management tasks can be more affordable. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design, which can further impact the overall cost of managing a short-term rental property.