Airbnb & VRBO Performance in Chesapeake Virginia.

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Chesapeake, Virginia: Airbnb & VRBO Vacation Rental Market Overview

The short-term rental market in Chesapeake, Virginia, is experiencing steady growth and high demand, with a range of flexible and convenient options available, from furnished apartments to family-friendly vacation rentals, catering to various needs and preferences.

Market overview

Thriving Short-Term Rental Market in Chesapeake, Virginia

The short-term rental market in Chesapeake, Virginia, is experiencing a robust performance, catering to the diverse needs of travelers and temporary residents. Despite the variability in lease lengths, ranging from nightly to six-month rentals, the market remains vibrant. Average daily rates for short-term rentals in Chesapeake are competitive, with prices such as $171 per night for a 2-bedroom home and $267 per night for a 4-bedroom home, indicating a strong demand for flexible and well-equipped accommodations.

The availability of furnished units with amenities like in-unit laundry, outdoor spaces, and kitchens enhances the appeal of these rentals. While specific occupancy rates are not provided, the wide range of options and the consistent demand suggest a healthy occupancy level. This dynamic market offers both convenience and comfort, making Chesapeake an attractive destination for those seeking short-term housing solutions.

Short Term Regulations

Short-Term Rental Regulations in Chesapeake, Virginia for 2024

Overview of Regulations

To operate a short-term rental in Chesapeake, Virginia, hosts must comply with the following regulations:

Zoning District Compliance

  • Short-term rentals are only permitted in specific zoning districts, such as the A-1 Agricultural District and the Historic and Cultural Preservation Overlay District (HC District).

Permitting Requirements

  • A Conditional Use Permit (CUP) is mandatory for operating a short-term rental. The CUP application involves submitting detailed information about the property, and the city's planning department reviews each application to ensure compliance with zoning regulations.

Registration and Licensing

  • Registration with the city is required before listing a property. Hosts must obtain the necessary permits and licenses, including a business license if applicable.

Safety and Health Standards

  • Compliance with safety and health standards is essential. This includes adherence to fire safety codes and other local health regulations.

Transient Occupancy Tax

  • Hosts are obligated to collect and remit transient occupancy taxes.

Restrictions on Types of Rentals

  • There are restrictions on the types of properties that can be used for short-term rentals, such as entire home rentals versus renting out a single room. The city council determines restrictions on the length of stay, the number of occupants per dwelling unit, and spacing between short-term rental properties.

Enforcement and Penalties

  • Chesapeake strictly enforces its short-term rental rules. Violations can result in fines, penalties, or the revocation of the Conditional Use Permit. Hosts found operating without proper authorization may face significant penalties.

Additional Requirements

  • Hosts may need to comply with signage rules, noise ordinances, and other local regulations. Proof of liability insurance may also be required.

By adhering to these regulations, hosts can ensure their short-term rental properties operate within the legal framework set by the City of Chesapeake.

Neighborhood Performance

Top Airbnb Revenue-Generating Neighborhoods in Chesapeake, Virginia

1. Riverwalk

  • Appeal: Riverwalk is a highly desirable neighborhood due to its modern housing options, including condos and planned homes. The area offers stunning waterfront views, several homes located directly on the river, and a range of amenities. These factors make it highly attractive to guests seeking a luxurious and scenic stay.

2. Deep Creek

  • Appeal: Deep Creek offers a blend of suburban living with modern amenities. Its proximity to the Elizabeth River, the Great Dismal Swamp National Wildlife Refuge, and Deep Creek Park makes it a favorite among families and nature lovers. The quality of life and the natural attractions in this area justify the slightly higher prices and attract high-paying guests.

3. Great Bridge

  • Appeal: Great Bridge is popular for its mix of old and new housing, including townhouses and single-family homes. The area has seen significant growth and offers a strong appeal to young families. Its robust amenities and the presence of both older and newer homes make it a versatile and attractive option for a wide range of guests.

4. Hickory

  • Appeal: Located near the Virginia-North Carolina border, Hickory is known for its top-rated local schools and rural landscape. The neighborhood features medium to large-sized homes surrounded by forests and farmland, making it an attractive option for families and those seeking a more affluent suburban experience.

5. Western Branch

  • Appeal: Western Branch is the northernmost option and offers affordable housing with good demand. The area is predominantly residential and provides easy access to various amenities, making it a favorite among younger investors and guests looking for a more budget-friendly yet comfortable stay.

6. Greenbrier

  • Appeal: Greenbrier's prime location in the middle of Chesapeake allows for easy access to Norfolk, Virginia Beach, Suffolk, and Portsmouth. This central positioning makes it highly appealing to guests who need to travel to different parts of the Hampton Roads area.

These neighborhoods are highly rated on Airbnb due to their unique combinations of natural beauty, modern amenities, and convenient locations, which cater to a wide range of guest preferences.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Chesapeake, Virginia

Measuring and Layout

  • Measure your rooms to determine the best layout, ensuring ample space to move around and unobstructed natural light sources.

Furniture Selection

  • Choose timeless, sturdy pieces that align with your theme. Opt for solid beds with easy-to-clean surfaces and consider storage beds for extra storage.
  • Select sofas with washable covers, avoiding real and faux leather. A sofa bed can increase guest capacity and rental income.
  • Use high-quality, durable towels in neutral colors that can be bleached, and provide ample storage for guests' toiletries and personal items.

Dining Area

  • Select a dining table that is tough and resistant to wear and tear. It can be dressed up with tablecloths, runners, and decorative items.
  • Choose comfy, lightweight chairs that are easy to move around and prefer darker colors to hide stains better.

Kitchen Essentials

  • Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Include a good blender, sharp knives, basic cookware, utensils, and dinnerware.
  • Ensure there is plenty of space for food storage, including a pantry or cupboards, and provide sealed containers for leftovers and dry goods.

Workspace and Technology

  • Provide a sturdy desk and a comfy chair for guests who need to work. Ensure good lighting and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger spaces.

Safety and Accessibility

  • Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider making your Airbnb accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.

Decor and Style

  • Reflect Chesapeake's coastal style by incorporating light colors, natural materials, and nautical elements. Mid-century modern designs with clean lines and functionality are also popular.
  • Use mirrors to make the space feel bigger and brighter. Add plants to liven up the area.

Smart Storage

  • Utilize smart storage solutions like beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers. Offer guests a designated spot for their personal items, such as a luggage rack.

Amenities and Comfort

  • Provide a full-length mirror and ensure there is a power socket nearby for hair dryers and straighteners. Include a hairdryer, basic toiletries, and a first-aid kit to enhance guest comfort.
  • Consider adding amenities like outdoor spaces, modern kitchens, and scenic views to enhance the guest experience.

Budgeting and Shopping

  • Set a budget and prioritize spending on statement pieces like sofas, coffee tables, and dining room tables. Avoid mixing and matching items from different brands to maintain consistency.
  • Balance budget constraints by choosing cost-effective options for items like sheets and duvets, while splurging on key pieces that define the space.
Insider Tips

Discovering Chesapeake, Virginia: Local Attractions and Insider Tips

Local Attractions

Natural Attractions

  • Great Dismal Swamp National Wildlife Refuge: Explore the northeastern part of this vast nature preserve, ideal for hiking, bird watching, and kayaking.
  • Chesapeake Arboretum: A beautiful spot for walking and enjoying nature, featuring various plant species and scenic views.
  • Northwest River Park: Offers hiking, camping, and boating opportunities, making it a great outdoor destination.

Historical and Cultural Sites

  • Battlefield Park: Learn about the city's historical significance, particularly the Battle of Great Bridge during the American Revolutionary War.
  • Chesapeake African American Heritage Trail: Discover stories of people and places that shaped the nation's history.
  • Dismal Swamp Canal: A historic canal with significant cultural and historical importance.

Shopping and Dining

  • Greenbrier Mall and Chesapeake Square Mall: Popular shopping destinations for a variety of retail experiences.
  • Local Boutiques and Restaurants: Explore unique, local shops and enjoy the diverse culinary scene, including fresh seafood and regional specialties.

Outdoor Activities

  • Intracoastal Waterway: Perfect for kayaking, paddling, or bird watching along the waterways.
  • Oak Grove Lake Park: A scenic park for relaxation and outdoor activities.

Insider Tips for Airbnb Hosts

Getting Around

  • Central Location: Inform guests that Chesapeake is a central hub for exploring nearby cities like Virginia Beach, Colonial Williamsburg, Historic Yorktown, and Norfolk, all within less than an hour's drive.
  • Transportation: Provide information on the easily accessible highway system and public transportation options.

Local Events and Festivals

  • Check Local Calendars: Suggest checking local event calendars for festivals, historical reenactments, and other activities that might interest guests.

Dining and Shopping Recommendations

  • Local Favorites: Recommend local restaurants known for their seafood and regional specialties, as well as unique boutique shops for shopping.

Outdoor Adventures

  • Equipment Rentals: Inform guests about local equipment rentals for kayaking, biking, and other outdoor activities.
  • Trail Maps: Provide maps or guides for the various trails and parks in the area to help guests plan their outdoor adventures.

Historical Exploration

  • Guided Tours: Suggest guided tours or self-guided trails for historical sites such as the Virginia Civil War Trails and the Chesapeake African American Heritage Trail.

Day Trips

  • Nearby Attractions: Recommend day trips to nearby attractions like Nauticus and the USS Wisconsin in Norfolk, or the Virginia Air and Space Center and Virginia Aquarium & Marine Science Center in Virginia Beach.

By providing these insights, you can help your guests make the most of their visit to Chesapeake, Virginia, and ensure a memorable and enjoyable stay.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Chesapeake, Virginia

To ensure a smooth and compliant operation of a short-term rental business in Chesapeake, Virginia, several practical tips can be invaluable. Here are some key considerations:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to avoid any potential issues with neighbors. Include this information in both digital and physical house manuals to ensure clarity. This proactive approach helps maintain a positive relationship with the community and adheres to the city's noise ordinances.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should be easily accessible to guests, either through a welcome packet or a digital link provided upon booking.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. This not only enhances guest convenience but also reduces the risk of lost or misplaced keys. Additionally, provide clear parking instructions accompanied by photos to avoid any confusion and ensure a smooth arrival experience.

By implementing these strategies, you can enhance guest satisfaction, comply with local regulations, and maintain a well-organized and efficient short-term rental operation in Chesapeake, Virginia.

Local Vendors

Here is a brief list of house cleaning services in Chesapeake, Virginia:

House Cleaning Services in Chesapeake, VA

Molly Maid of Chesapeake, Norfolk and Suffolk

  • Provides excellent cleaning, courteous service, and custom cleaning plans.
  • Experts in modern cleaning tools and techniques.

MaidPro Chesapeake

  • Offers expert home cleaning services with a 49-Point Checklist™.
  • Trained professionals and flexible schedules.

Two Maids & A Mop

  • Professional house cleaning services with free estimates available.
  • Contact: (757) 379-5050.

Home Clean Heroes

  • House cleaning services with scheduling available by phone.
  • Contact: 757-819-4930.

Various Providers Listed on Care.com

  • A list of 72 affordable house cleaning options, searchable by rates, reviews, experience, and more.
Management fees

Chesapeake, Virginia: Understanding Short-Term Rental Management Fees

In Chesapeake, Virginia, the fees for managing short-term rentals 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, often approaching 25% to 30% of the rental income. In contrast, basic services that may only include lease administration or tenant screening could cost less, potentially around 10% to 15%. Additionally, property owners may incur extra fees for services like cleaning, repairs, or design enhancements, which can further impact the overall cost of managing a short-term rental property.

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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 Chesapeake should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

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

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 Virginia