Airbnb & VRBO Performance in Fairfield Iowa.

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Fairfield, Iowa: Airbnb & VRBO Vacation Rental Market Overview

In Fairfield, Iowa, short-term rentals are performing well, with an average daily rate of $112 and a monthly revenue of $6,209, alongside a notable 37% occupancy rate.

Market overview

Thriving Short-Term Rentals in Fairfield, Iowa

Fairfield, Iowa, is experiencing a robust performance in its short-term rental market. As of the latest data, short-term rentals in Fairfield are boasting an impressive 37% occupancy rate, indicating a strong demand for these accommodations. Additionally, these rentals are generating a significant average daily rate of $112, which translates to a substantial monthly revenue of $6,209. This positive trend highlights the attractiveness and viability of Fairfield as a destination for both travelers and investors in the short-term rental sector.

Short Term Regulations

Short-Term Rental Regulations in Fairfield, Iowa for 2024

General Regulations

  • Definition and Classification: Short-term rentals are defined as lodging offered for less than 30 consecutive days and are classified as residential land use for zoning purposes.

Zoning and Land Use

  • Permitted Districts: Short-term rentals are permitted in R-2 and R-3 residential districts and B-1 General Business district, subject to authorization by the Board of Adjustment.

Licensing and Permits

  • No Specific Licenses or Permits Required: Cities in Iowa, including Fairfield, are prohibited from requiring licenses or permits specifically for short-term rentals. However, conditional use permits may be required in certain cases, subject to approval by the city's planning division.

Health and Safety Standards

  • Fire and Safety Inspections: Fire and safety inspections are required as part of the initial application and on a four-year rotating basis thereafter. Properties must comply with statutory minimum fire safety standards.
  • Health Standards: Properties must adhere to various health, fire, and safety regulations, including having functional fire extinguishers and smoke detectors.

Property Maintenance and Inspections

  • Regular Inspections: Rental properties, including short-term rentals, are subject to inspections every four years, including associated fees.
  • Property Condition: Properties must be maintained in good condition and comply with local housing codes.

Contact and Emergency Information

  • Emergency Contact: The owner must identify a contact person who is available 24/7 to respond to issues within 60 minutes. This information must be kept current and posted in a conspicuous location within the dwelling unit.

Nuisance and Noise Regulations

  • Noise Restrictions: Tenants must not create a nuisance, including excessive noise from electronic devices, yelling, or other disturbances that unreasonably affect the neighborhood.
  • Land-Based Recreational Activities: Such activities must be limited to the rented premises and not encroach on neighboring properties.

Tax Obligations

  • State and Local Taxes: Short-term rental properties are subject to a 5% state hotel tax and may also be liable for city and county sales taxes. Property owners must file tax returns each period regardless of their rental income.

Other Requirements

  • Notification of Neighbors: The owner must notify neighboring dwelling units within 200 feet that the property is a permitted lodging house and provide a contact telephone number.
  • Garbage Disposal: Garbage must be kept in closed containers and disposed of on a regular weekly schedule.
  • Signage Restrictions: No signs or advertisements can be posted to advertise the lodging house to the public, excluding bed and breakfast inns.

Age and Group Limitations

  • Age Requirement: Rentals must include at least one adult aged 21 or older.
  • Single Party Limitation: Rentals are limited to a single party of individuals.

Property Limitations

  • Single Short-Term Rental Per Structure: Only one short-term rental is allowed per single-household detached structure.
  • Owner or Tenant Occupation: In certain districts, the short-term rental must be owner-occupied or tenant-occupied with the property owner's consent.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Fairfield, Iowa

1. Downtown Fairfield

  • Appeal: Downtown Fairfield is a hub for guests due to its proximity to local amenities, restaurants, and shops. Rentals like the "Downtown Luxury + Hot Tub on Private Roof Deck" are highly rated for their luxurious amenities and central location, making them a favorite among travelers.

2. City Square Area

  • Appeal: This area is attractive because of its convenient location near the heart of Fairfield. The "Comfy one bedroom apartment near City Square" is a popular choice, offering comfort and accessibility to key local attractions.

3. Historic Districts (e.g., The Cottage on 3rd Street)

  • Appeal: Historic homes and cottages, such as "The Cottage on 3rd Street," provide a unique and charming experience for guests. These properties are often highly rated for their character and the opportunity to stay in a piece of Fairfield's history.

4. Areas with Outdoor Amenities

  • Appeal: Neighborhoods offering vacation rentals with patios or outdoor seating are particularly appealing. These rentals are highly rated for their additional living spaces and the ability to enjoy the outdoors, enhancing the overall guest experience.

5. Areas Suitable for Digital Nomads

  • Appeal: Neighborhoods with rentals that include high-speed WiFi and dedicated work spaces are attractive to digital nomads and traveling professionals. These areas provide the necessary amenities for remote work, making them ideal for long-term stays.

These neighborhoods stand out due to their combination of central locations, unique amenities, and the overall comfort and convenience they offer to guests.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Fairfield, Iowa

To create an Airbnb in Fairfield, Iowa, that is both inviting and reflective of the city's unique style, consider the following tips:

Measure and Plan Your Space

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

Choose Timeless and Durable Furniture

  • Opt for sturdy, timeless pieces that fit your theme. Avoid flimsy or low-quality items, especially beds with plastic legs.

Bedroom Essentials

  • Select a solid bed with a mattress at least 8 inches thick. Memory foam mattresses are more durable and cost-effective than spring mattresses.
  • Use a storage bed for extra space to store laundry and linens.
  • Choose white bedding for a hotel-like feel and ease of maintenance.

Bathroom Amenities

  • Provide high-quality, durable towels in neutral colors that can be bleached.
  • Ensure enough storage for guests' toiletries and personal items using shelves or cabinets.
  • Include a hairdryer, basic toiletries, and a first-aid kit.

Living Area Comfort

  • Invest in a sofa that is easy to clean and durable. Consider a sofa bed to increase guest capacity.
  • Avoid real and faux leather; instead, opt for sofas with washable covers.

Dining Area Practicality

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

Kitchen Essentials

  • Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Add extras such as a blender and sharp knives.
  • Stock up on basic cookware, utensils, and dinnerware. Include items like a cutting board, measuring cups, and a corkscrew.
  • Ensure plenty of space for food storage, including a pantry or cupboards.

Workspace for Guests

  • Provide a sturdy desk and comfy chair for guests who need to work.
  • Ensure good lighting and easy access to power outlets. High-speed internet is crucial for business travelers and digital nomads.

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.

Smart Storage Solutions

  • Use beds with drawers, wall hooks for coats, pegboards in the kitchen, and stackable containers to maximize storage.
  • Offer guests a designated spot for their personal items, like a luggage rack, to keep things tidy.

Space-Saving Furniture

  • Choose space-saving furniture with big functionality, such as sofa beds, folding tables, or ottomans with hidden storage compartments.

Use Mirrors to Enhance Space

  • Use mirrors to make your Airbnb feel bigger and brighter. A full-length mirror is a must for guests getting ready.

Add Local Touches

  • Incorporate elements that reflect Fairfield's unique style, such as local artwork, decorative items, or furnishings that resonate with the city's culture and aesthetic.

By following these tips, you can create an inviting and functional Airbnb space that appeals to guests and reflects the charm of Fairfield, Iowa.

Insider Tips

Discovering Fairfield, Iowa: Local Attractions and Insider Tips for Your Guests

Outdoor Adventures

  • Fairfield Loop Trail: A 16-mile trail that encircles the town, passing through prairies, woodlands, wetlands, and old railroad corridors. Perfect for biking or walking.
  • Tip: Bring your dog along and enjoy the scenic views.
  • Jefferson County Park: Ideal for camping, hikes, and stargazing. The park features two cabins, RV and tent camping spots, and is great for bird watching.
  • Tip: Visit in the morning and evening for different experiences.
  • Waterworks Park: Features Bonnifield Lake with a small sandy beach, a playground, and opportunities for kayaking. Bring your own kayaking gear.

Cultural and Artistic Experiences

  • ICON Gallery: A contemporary art gallery showcasing local and regional artists. Exhibits rotate monthly, ensuring something new each visit.
  • Tip: Check the gallery's events calendar for workshops and lectures.
  • Fairfield Art Immersion House: A unique, neon-lit art house created by artist Tom Lassota. Visits are by appointment via Facebook.
  • Tip: Prepare for a psychedelic and immersive art experience.
  • Carnegie Historical Museum: Located in the historic Carnegie Library, this museum features local artifacts, Native American pottery, Civil War artifacts, and Roman antiquities.
  • Tip: Explore the community’s historical artifacts on the first floor.

Historical and Educational Sites

  • Maasdam Barns: A historical and educational center showcasing the legacy of a 20th-century draft horse breeding business. Open on the second Saturday of each month or by private tour.
  • Tip: Plan your visit accordingly or schedule a private tour.
  • Bonnifield Cabin: Iowa’s oldest log cabin, dating back to 1838. Located in Bonnifield Park.
  • Tip: Learn about its history as an unofficial Methodist church.

Dining and Drinking

  • Fishback & Stephenson Cider House: Enjoy local ciders, burgers, and sides with a view. Features rotating local food trucks and live music events.
  • Tip: Check the events calendar for live music and food truck schedules.
  • Cafe Paradiso: Specializes in organic espresso-based drinks and freshly made pastries. Also hosts open mic nights on Wednesdays.
  • Tip: Admire local artwork while enjoying your breakfast.
  • Due South: Combines South American comfort food with Southeast Asian flavors. Offers casual counter service for lunch and table service for dinner.
  • Tip: Reservations recommended for dinner.

Shopping and Community Events

  • Fairfield Farmers Market: Open from May to October, offering homegrown and locally sourced products. Located in Howard Park.
  • Tip: Bring the kids to the playground while you shop.
  • Main Street Shopping: Explore unique shops around the square, including Volition Skate, Adela’s, the At Home Store, and Overland.
  • Tip: Find one-of-a-kind gifts and home décor.
  • Fairfield First Fridays: A free monthly event with entertainment for all ages. Held on the first Friday of every month.
  • Tip: Enjoy local art, music, and community activities.

Other Attractions

  • Sondheim Center for the Performing Arts: Features national touring performances, music, comedy, dance, and theater. Located inside the Fairfield Arts & Convention Center.
  • Tip: Check the schedule for upcoming shows.
  • Maharishi Vedic Observatory: A unique open-air observatory displaying the structure of the universe and movements of celestial bodies.
  • Tip: Learn about the cosmic and astronomical significance of the observatory.

By sharing these local attractions and insider tips, you can help your guests make the most of their visit to Fairfield, Iowa, and experience the town's unique blend of culture, history, and natural beauty.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Fairfield, Iowa

To ensure the success of a short-term rental business in Fairfield, Iowa, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the local noise regulations and quiet hours to maintain a harmonious relationship with neighbors. Include this information in your digital and physical house manual, and consider posting reminders in the rental property.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This will help guests navigate the property easily and reduce the number of inquiries you receive.

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 and include photos to help them locate the lock and any other important features.

Parking Instructions

Include detailed parking instructions with photos in your house manual to avoid confusion. This is particularly important if the parking area is shared or has specific rules.

By following these tips, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Fairfield, Iowa.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Fairfield, Iowa:

House Cleaning Services

  • Sparkling and Beyond: A professional cleaning company using state-of-the-art equipment.
  • Topnotch Cleaning: Offers house cleaning services in Fairfield.
  • KlutterBug.biz: Provides house cleaning services in the area.

Restoration and Cleaning Services

  • SERVPRO: Specializes in fire and water damage restoration, as well as mold cleanup and general cleaning services.

General Cleaning and Maintenance

  • Various providers listed on Angie's List and HomeAdvisor, including multiple house cleaners with real reviews and ratings.
Management fees

Short-Term Rental Management Fees in Fairfield, Iowa

In Fairfield, Iowa, the fees for managing short-term rentals, such as those listed on Airbnb, can vary significantly based on the level of service provided. Typically, these fees range from 15% to 25% of the rental revenue. Full-service management companies, which handle comprehensive tasks including guest communication, marketing, maintenance, and ensuring compliance with local regulations, tend to charge fees on the higher end of this spectrum, often starting at 15% to 20% of the revenue.

Basic service packages, which may include fewer amenities and less hands-on management, can be less expensive but still fall within the 15% to 25% range. Additional fees may apply for services such as cleaning, repairs, and design, which can further impact the overall cost. For instance, some management companies charge a separate cleaning fee that is passed on to guests, while others may include it in their overall management fee.

Local regulations in Fairfield also require hosts to register their properties and obtain necessary permits, which can add to the overall costs of managing a short-term rental.

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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 Fairfield 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
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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 Fairfield.

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 Iowa