The short-term rental market in East Point, Georgia, is thriving, with a median occupancy rate of 57%, an average daily rate of $102, and an annual host income of $21,000, making it a highly stable and profitable investment opportunity.
Thriving Short-Term Rental Market in East Point, Georgia
East Point, Georgia, is experiencing a robust and profitable short-term rental market, making it an attractive destination for both hosts and travelers. With a median occupancy rate of 57%, the city demonstrates strong demand for Airbnb listings, indicating a stable and lucrative investment opportunity. The average daily rate for these rentals stands at $102, contributing to an average annual host income of $21,000. The city's lenient short-term rental regulations and its strategic location near Hartsfield-Jackson Atlanta International Airport, as well as its easy access to Atlanta's downtown and various cultural attractions, further enhance its appeal. This combination of high occupancy rates, favorable pricing, and convenient location makes East Point an ideal spot for short-term rental investments.
Short-Term Rental Regulations in East Point, Georgia for 2024
General Requirements
- Permit Requirement: Property owners must apply for a short-term rental permit before listing the property on platforms like Airbnb or VRBO. The permit must be renewed annually.
Licensing
- Business License: If the property is a whole house short-term rental, the owner must also obtain a business license.
Zoning and Compliance
- Zoning Review: Hosts must ensure the property is in a zone that allows short-term rentals as part of the business license application.
Occupancy and Guest Limits
- Occupancy Limits: The city has specific occupancy limits based on the size and type of the property.
Taxes
- Hotel/Motel Taxes: Hosts are responsible for collecting and remitting the appropriate amount of hotel/motel taxes to the city.
Noise and Parking Regulations
- Noise Regulations: Hosts must inform their guests about noise regulations to avoid potential fines.
- Parking Regulations: Hosts must comply with and inform guests about specific parking regulations.
Guest Management
- Guest Rules: Hosts must post written rules in the short-term rental unit and ensure guests comply with them.
Compliance Monitoring
- Compliance Service: The City of East Point uses Granicus’ Host Compliance to identify and ensure compliance with short-term rental rules.
Reporting Violations
- Complaint Hotline: A 24/7 hotline is available for reporting issues such as noise, parking, trash, or other problems related to short-term rentals. The hotline number is 1-404-777-4846.
Additional Contacts
- Planning & Community Development: For questions related to permits and regulations, contact 404-669-4399.
- Property Tax: For questions related to property taxes, contact 404-270-7083.
- Code Violations: For reporting code violations, contact 404-559-6270.
Top Neighborhoods Generating Airbnb Revenue in East Point, Georgia
1. East Point Central
- Appeal: East Point Central is highly appealing due to its proximity to Hartsfield-Jackson Atlanta International Airport and easy access to major highways like I-75, I-85, and 285 Bypass. Properties here, such as "Plane’s Place Airport" and "10 Mins From Downtown ATL and 8 Mins From Airport!", are highly rated for their convenience and comfort.
2. Campbellton Road Area
- Appeal: This area is popular for its newly renovated homes, modern amenities, and central location. Guests favor properties like "Newly Renovated Home Near Downtown & the Airport" for their upscale features and easy access to both the airport and downtown Atlanta.
3. Southwest Atlanta
- Appeal: Southwest Atlanta offers a mix of urban and suburban living, with many family-friendly and pet-friendly rentals. The area's proximity to various attractions and its well-connected infrastructure make it a favorite among guests. Properties such as "Atlanta Oasis w/ EV Charger" and "Urban Escape in East Point - Wk/Month Discount" are highly rated.
4. Fairburn Area
- Appeal: Although technically adjacent to East Point, the Fairburn area is often included in the broader search for East Point rentals. It attracts guests with its quieter suburban atmosphere and easy commute to Atlanta. The area's family-friendly rentals and dedicated workspaces are significant draws.
5. Summerhill and Nearby Areas
- Appeal: Summerhill, while not directly in East Point, is close enough to be considered part of the broader area. It is appealing due to its modern townhouses, such as "TVs in bedrooms | Fast WIFI | Summerhill Escape", which offer luxury amenities, garage parking, and proximity to Georgia Avenue and Center Parc Stadium.
These neighborhoods are favored by guests due to their combination of convenience, modern amenities, and central locations, making them ideal for both short-term and long-term stays in the East Point area.
Furnishing and Design Tips for an Inviting Airbnb in East Point, Georgia
Understand Your Target Audience
- East Point attracts a diverse range of guests, including travelers needing access to Atlanta, film industry professionals, and culture seekers. Tailor your furnishings to cater to both leisure and business travelers.
Choose Modern and Stylish Furnishings
- Invest in modern and stylish furnishings to enhance the aesthetic and guest experience. Contemporary and mid-century modern styles are particularly popular in East Point.
Select Statement Pieces
- Focus on statement pieces such as couches, coffee tables, credenzas, buffets, media consoles, side tables, and dining room tables. These pieces define the space and are worth splurging on.
Incorporate Local Inspiration
- Use locally inspired decorations to connect guests with the vibrant culture of East Point. This can include elements that reflect the city's history, local art, and natural surroundings.
Add Comfort and Convenience
- Ensure the space is comfortable and convenient. Include amenities such as outdoor spaces, home offices, and entertainment options which are highly valued by guests in East Point.
Avoid Overly Generic Items
- Steer clear of overly generic furniture items that can be found in many other rentals. Instead, opt for unique pieces that add character to the space.
Use Plants and Greenery
- Add plants and greenery to liven up the space. This can significantly enhance the ambiance and make the space feel more welcoming.
Invest in High-Quality Rugs
- High-quality rugs can greatly improve the look and feel of the space. Choose durable and stylish options that complement the overall design.
Balance Budget and Quality
- Be mindful of your budget but understand that some sacrifices are necessary to create a standout space. Prioritize spending on key areas such as the living room or dining room.
Ensure Cohesive Design
- Maintain a cohesive design throughout the property. Use consistent styles and themes to create a welcoming and harmonious atmosphere.
Pay Attention to Details
- Small details such as mirrors, jars, containers, and decorative items can make a significant difference. Choose items that align with the overall style and theme of the space.
Consider the Neighborhood
- The neighborhood's character can influence your design choices. In East Point, areas well-connected to the Atlanta airport and with a vibrant local culture are particularly appealing.
Discover East Point, Georgia: Local Attractions and Insider Tips
Local Attractions
Arts and Culture
- Windmill Arts Center: A hub for creative enthusiasts, offering various art exhibits and workshops.
- Black Art in America Art Gallery: A gallery showcasing a diverse collection of Black American art.
- Arts X Change: A vibrant space for art, culture, and community engagement.
- East Point Historic Civic Block: Features historically significant buildings and a memorial park in downtown East Point.
Outdoor Activities
- Dick Lane Velodrome: A state-of-the-art cycling venue and one of 22 velodromes in the U.S., hosting cycling events and competitions.
- Connally Nature Park: A 27-acre green space with pink lady slipper orchids and white oak trees.
- Sumner Park: Home to the Dick Lane Velodrome and other recreational facilities.
Shopping and Dining
- Camp Creek Marketplace: A large retail space with 39 stores and 14 restaurants.
- The Commons: An upcoming retail, restaurant, and residential development expected to bring over 1,500 jobs to East Point.
Nearby Attractions
- Centennial Olympic Park: Located in Atlanta, open seven days a week, and featuring a Visitor Information Center.
- Atlanta Beltline Eastside Trail: A scenic cycling route repurposing old railroads, linking neighborhoods, art installations, and green spaces.
- Ponce City Market: A favorite gathering spot in the Old Fourth Ward along the Atlanta BeltLine Eastside Trail.
Insider Tips
Getting Around
- Proximity to Hartsfield-Jackson Atlanta International Airport: Just minutes away from East Point, offering unparalleled access to global travel.
Events and Festivals
- East Point International Film Festival (EPIFF): A dynamic film festival featuring premiere talent, panels, workshops, and special events.
- Pow Wow: A cultural celebration that includes dancing, singing, socializing, crafts, arts, and food.
Local Landmarks
- Tyler Perry Studios: A renowned film and television production facility with impressive soundstages and state-of-the-art amenities.
- First Baptist Church: Known for its exterior being used as a filming location for the Netflix series Stranger Things.
Community Engagement
- East Point Branch of the Atlanta–Fulton Public Library System: A resource for books, programs, and community activities.
- Station Soccer East Point: A unique soccer facility offering recreational and competitive soccer experiences.
By sharing these attractions and insider tips, you can help your guests make the most of their visit to East Point, Georgia.
Practical Tips to Run a Successful Short-Term Rental Business in East Point, Georgia
To ensure a smooth and profitable short-term rental business in East Point, Georgia, several key practices must be implemented. First, it is crucial to comply with the city's noise regulations by informing guests about quiet hours to avoid potential fines. This can be effectively communicated through a comprehensive digital and physical house manual that includes instructions, Wi-Fi passwords, and other essential information.
A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges and provides guests with immediate access upon arrival. Additionally, providing detailed parking instructions accompanied by photos can help avoid confusion and ensure a hassle-free stay.
By adhering to these tips, hosts can maintain good relationships with the local community, optimize their pricing strategies based on seasonal demand, and ensure their properties stand out in a highly competitive market. This approach not only helps in resolving potential issues swiftly but also contributes to a smooth and profitable operation.
Here is a brief list of house cleaning providers in East Point, Georgia:
House Cleaning Services in East Point, GA
My Cleaning Angel
- Matches clients with local cleaners for various house cleaning services.
- Offers easy and fast online booking.
The Moxie Maids
- Provides a wide range of maid services, including basic, deep, and green cleaning.
- Services the entire Atlanta metro area.
Shiny Homes Co
- Offers residential, commercial, Airbnb, and post-construction cleanup services.
- Premier cleaning service in East Point, GA.
Top-Rated House Cleaners on Angie's List
- A list of 25 highly-rated local house cleaners in East Point, GA.
Thumbtack
- A platform to find and hire house cleaners rated by the East Point, GA community.
Note that the list does not include repair or maintenance providers, as the sources primarily focus on cleaning services.
Managing Short-Term Rentals in East Point, Georgia: Understanding Fees and Services
In East Point, Georgia, managing short-term rentals involves a range of fees and services that can vary significantly depending on the level of management required. Typically, short-term rental management fees range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive tasks such as guest communication, marketing, maintenance, and property upkeep, tends to be on the higher end of this spectrum, often starting at around 20% of the revenue.
Basic services, which might only include listing and booking management, can be less expensive but still incur additional fees for cleaning, repairs, and other ancillary services. For instance, cleaning fees are usually charged to guests but managed by the property management company, and some providers may offer additional services like professional design and furnishing for an extra cost.
Compliance with local regulations, including obtaining necessary permits and business licenses, is also a critical aspect of short-term rental management in East Point, adding to the overall operational costs and responsibilities of property owners.