Airbnb & VRBO Performance in Gulfport Mississippi.

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Gulfport, Mississippi: Airbnb & VRBO Vacation Rental Market Overview

Gulfport, Mississippi, boasts a robust short-term rental market with a median occupancy rate of 50%, an average daily rate of $176, and an annual host income of $31,000, making it a profitable and stable investment opportunity despite some seasonal fluctuations.

Market overview

Thriving Short-Term Rental Market in Gulfport, Mississippi

Gulfport, Mississippi, continues to excel as a lucrative destination for short-term rental investments. The city boasts a robust market driven by its appealing coastal attractions, rich history, and vibrant cultural scene. As of the latest data, short-term rental listings in Gulfport achieve a median occupancy rate of 50%, indicating a strong and consistent demand for vacation rentals throughout the year.

The average daily rate for these rentals stands at $176, contributing to an average annual revenue of $31,000 per listing. This performance is further enhanced by the city's lenient short-term rental regulations and the diverse range of properties available, from luxury waterfront homes to cozy downtown lofts and affordable suburban houses. With peak seasons during the summer months and events like the "Cruisin' the Coast" festival, Gulfport remains an attractive and profitable location for short-term rental investors.

Short Term Regulations

Short-Term Rental Regulations in Gulfport, Mississippi for 2024

Licensing and Permits

  • Short-Term Rental Permit: Hosts must obtain a permit issued by the City of Gulfport's Urban Development department.
  • Registration: Properties must be registered, and hosts must comply with all registration requirements.

Insurance and Liability

  • Liability Insurance: Hosts must secure liability insurance with a minimum coverage of $500,000 per occurrence.

Zoning and Location

  • Zoning Restrictions: Short-term rentals are permitted only in specific zoning districts designated for transient accommodations, either as a permitted or conditional use. Properties outside these areas must adhere to a minimum rental duration of one month and are limited to three rentals per year.

Safety Standards

  • Safety Features: Properties must be equipped with essential safety features such as smoke detectors, fire extinguishers, and emergency exit plans.
  • Inspections: Properties must pass safety and compliance inspections as part of the permit process.

Taxes and Fees

  • Tax Collection and Remittance: Hosts must collect and remit state and local sales taxes, as well as a 7% sales tax and a 5% tourism tax on all bookings.
  • Registration with Mississippi Department of Revenue: Marketplaces with sales exceeding $250,000 per year must register with the Mississippi Department of Revenue.

Neighborhood Integrity

  • Neighbor Notification: Hosts must notify neighbors about their rental operations and allow for notification ahead of permit hearings.
  • Community Standards: Hosts must maintain neighborhood integrity and comply with local rules and HOA covenants.

Enforcement

  • Code Enforcement: The city has intensified enforcement efforts, including hiring additional code enforcement officers and using software to identify properties operating outside permitted zoning districts.

Compliance and Penalties

  • Compliance Requirements: Hosts must comply with all regulations to avoid fines, license revocation, and potential legal action.
  • Penalties for Non-Compliance: Failure to comply with regulations can result in significant fines and legal consequences.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Gulfport, Mississippi

1. Downtown Gulfport

  • Appeal: Downtown Gulfport is a hub of activity, with guests drawn to its proximity to the Mississippi State Aquarium, Jones Park, and the Island View Casino. The area is also known for its fine and casual dining options, as well as its vibrant nightlife and shopping scene.

2. Beachfront Areas (e.g., Gulfport Beach, Long Beach)

  • Appeal: These areas offer direct access to the beach, making them ideal for families and beach lovers. Properties here often feature private porches, outdoor kitchens, and stunning coastal vistas. The convenience of being just steps from the beach and other coastal attractions is a significant draw.

3. Historic Downtown and Nearby Neighborhoods

  • Appeal: Neighborhoods close to Historic Downtown Gulfport, such as those near the Mississippi Sound, are popular due to their charming antique and vintage furnishings, historic homes, and short walks to local parks and casinos. The nostalgic feel and central location make these areas highly appealing.

4. Gulfport Waterfront and Marina Areas

  • Appeal: These areas offer waterfront properties with amenities like private piers, boat docks, and outdoor spaces. Guests enjoy the serene waterfront views, easy access to water activities, and the tranquility of being near the water while still being close to casinos, restaurants, and shopping.

5. Neighborhoods Around Jones Park and the Aquarium

  • Appeal: These neighborhoods are attractive due to their walking distance to Jones Park, the Mississippi State Aquarium, and various restaurants. The combination of family-friendly activities, educational attractions, and convenient amenities makes these areas highly sought after.

These neighborhoods are particularly appealing due to their unique blend of beach access, cultural attractions, dining options, and the overall coastal lifestyle that Gulfport offers.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Gulfport, Mississippi

Understand the Local Charm

  • Incorporate nautical themes and coastal elements, such as shades of blue and white, to reflect Gulfport's seaside spirit.
  • Blend contemporary comforts with regional charm, including rustic elements reminiscent of Southern hospitality like reclaimed wood and vintage accessories.

Choose High-Quality Furnishings

  • Invest in statement pieces like couches, coffee tables, and dining room tables that define the space. These can be more expensive but are crucial for creating a memorable experience.
  • Opt for high-quality bedding and stylish furniture to improve aesthetics and comfort, leading to better guest reviews.

Utilize Local and Unique Decor

  • Incorporate unique, local design elements that reflect Gulfport's coastal heritage to create a distinctive and memorable experience for guests.
  • Consider using antique and repurposed vintage furnishings to add an elegant and comfortable touch.

Prioritize Guest Amenities

  • Provide modern kitchens for home-cooked meals, as well as communal areas like game rooms and pools for relaxation and socialization.
  • Include amenities such as beach gear rentals, outdoor grills, and spacious patios or balconies with ocean views to cater to outdoor enthusiasts and beach lovers.

Enhance Outdoor Spaces

  • Ensure properties have outdoor spaces such as balconies, patios, or wrap-around decks that take advantage of the coastal weather and views.
  • Add plants and greenery to liven up both indoor and outdoor spaces.

Consider Family-Friendly and Pet-Friendly Options

  • Offer child-friendly amenities like cribs, high chairs, and games to attract families. Also, consider pet-friendly options with appropriate fees and policies.

Maintain and Protect Your Property

  • Regular maintenance is crucial due to Gulfport's humid climate, which can accelerate wear and tear. Invest in robust property protection measures, especially against tropical storms.
  • Use durable and easy-to-clean items, such as rugs from ruggable.com, to simplify maintenance.

Reflect the Community and Culture

  • Provide local guidebooks and recommendations for local attractions, restaurants, and events to enhance the guest experience and foster a connection with the community.
  • Incorporate local cultural elements and historical references to make the space more authentic and engaging.
Insider Tips

Discover Gulfport, Mississippi: Local Attractions and Insider Tips

Local Attractions

Beaches and Outdoor Activities

  • Gulfport Beachfront: Enjoy pristine beaches with soft sands, gentle waves, and breathtaking sunsets. Take a leisurely stroll along the boardwalk, rent a beach umbrella and chair, or engage in beach volleyball.
  • Jones Park: A picturesque green space adjacent to the beachfront, perfect for picnics, playing in the splash pad, or unwinding by the pond.
  • Ship Island Excursions: Explore the barrier islands, including pristine beaches and historical Fort Massachusetts. Ideal for birdwatching, snorkeling, or simply soaking in the sun.

Water and Marine Attractions

  • Gulf Islands Waterpark: A must-visit for families and water enthusiasts, featuring thrilling water slides, lazy rivers, and wave pools.
  • Mississippi Aquarium: Discover over 1 million gallons of aquatic wonders and get up-close experiences with various marine life.
  • Ocean Adventures Marine Park: Enjoy interactive shows and experiences with dolphins, sea lions, sharks, and rays.
  • Institute for Marine Mammal Studies: An educational and interactive facility dedicated to marine species conservation, offering dolphin shows and touch pools for stingrays.

Cultural and Historical Sites

  • Historic Downtown Gulfport: Explore charming boutiques, dine in historic buildings, and admire architectural landmarks such as the Gulfport Railroad Depot.
  • Downtown Gulfport Art Walk: A monthly event showcasing local talent, with galleries, shops, and cafes displaying a wide range of artworks.

Family-Friendly Activities

  • Lynn Meadows Discovery Center: A children's museum located in a 1915 schoolhouse, offering 15,000 square feet of hands-on exhibits for fun and learning.
  • Banana’s Mini-Golf & Arcade: An exciting outdoor mini-golf course and state-of-the-art arcade, perfect for a family outing.

Entertainment and Shopping

  • Island View Casino Resort: Offers a thrilling gaming experience with slot machines, table games, and entertainment options.
  • Gulfport Premium Outlets: A shopping paradise with a variety of designer and brand-name stores offering discounts on a range of products.

Insider Tips

Dining

  • Local Eateries: Don’t miss the authentic Gulf Coast cuisine available in the historic downtown area and along the beachfront.

Events

  • Cultural Events: Gulfport hosts various cultural events such as the "World's Largest Fishing Rodeo," "Cruisin' the Coast," and "Smokin' the Sound" speedboat races. Check local calendars for upcoming events.

Activities

  • Paddleboarding and Fishing: Explore the blueways on a rented paddleboard or book a fishing charter for a unique experience.
  • Golfing: Enjoy a round of golf at one of the local courses, perfect for those looking to combine leisure and sport.

Practical Information

  • Weather: Be prepared for potential hurricanes, especially during the hurricane season. Check local weather forecasts before planning outdoor activities.
  • Transportation: Use local transportation services or rent a car to easily navigate between attractions.

By providing these recommendations, you can ensure your guests have a well-rounded and enjoyable experience in Gulfport, Mississippi.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Gulfport, Mississippi

To ensure a smooth and successful short-term rental business in Gulfport, Mississippi, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform guests about quiet hours and noise regulations to maintain neighborhood harmony. Include this information in both digital and physical house manuals to avoid any misunderstandings.

Comprehensive House Manual

Create a detailed house manual that includes essential instructions, Wi-Fi passwords, and other pertinent information. This manual should be both digital, accessible through a welcome message or app, and physical, placed in a conspicuous location within the property.

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 these locks, along with a unique access code.

Parking Instructions

Include detailed parking instructions in the house manual, accompanied by photos to help guests identify designated parking areas. This can prevent confusion and potential issues with neighbors or local authorities.

By implementing these measures, hosts can enhance the guest experience, reduce potential conflicts, and ensure compliance with local regulations, thereby contributing to a successful and stress-free short-term rental business in Gulfport, Mississippi.

Local Vendors

Here is a brief list of house cleaning services in Gulfport, Mississippi:

House Cleaning Services

Royals Cleaning Services

  • Provides residential and commercial cleaning services in Gulfport, Biloxi, Long Beach, Pass Christian, and surrounding areas.
  • Offers professional cleaners, environmentally friendly cleaning, and 100% satisfaction guaranteed.

Care.com House Cleaning

  • Lists multiple affordable house cleaning options starting at $15.50/hr.
  • Allows searching by rates, reviews, experience, and more.

Homeaglow

  • Offers top-rated house cleaners near you in Gulfport, MS.
  • Provides professional, affordable, and background-checked cleaners.
  • Initial 3-hour clean starts at $19.

Angi House Cleaners

  • Lists the top 10 best house cleaners in Gulfport, MS.
  • Average cost to hire a house cleaner is between $30 and $50 per hour, depending on house size and other factors.

Note

For repair or maintenance services, the provided sources do not include specific providers. However, platforms like Angi often list a variety of home service professionals, including those for repairs and maintenance.

Management fees

Short-Term Rental Management Fees in Gulfport, Mississippi: A Breakdown

In Gulfport, Mississippi, the fees for managing short-term rental properties, such as those listed on Airbnb and VRBO, can vary significantly based on the level of service provided. Full-service management companies, which handle comprehensive tasks including guest communication, marketing, and maintenance, typically charge fees ranging from 20% to 30% of the rental revenue.

On the other hand, more basic services or a la carte options may incur lower fees, often between 10% to 20% of the rental income. Additionally, hosts may need to account for extra fees for services like cleaning, repairs, and design, which can be charged separately by the management company. These fees are part of the overall cost of ensuring that the property is well-maintained, compliant with local regulations, and attractive to potential guests.

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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 Gulfport 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 Gulfport.

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 Mississippi