The short-term rental market in Kellogg, Idaho is showing promising signs, with average nightly rates projected to exceed $154 for a 2-bedroom rental in November, and occupancy rates pacing ahead of last year as the late fall season gains momentum.
Thriving Short-Term Rentals in Kellogg, Idaho: A Promising Late Fall Season
Kellogg, Idaho, is experiencing a robust performance in its short-term rental market, particularly as the late fall season unfolds. Despite a slightly slower summer, the area is seeing a resurgence in bookings. For a typical 2-bedroom vacation rental, average nightly rates are projected to be over $154 in November, indicating a strong demand for accommodations.
Occupancy rates are also showing positive trends, with November pacing 2% ahead of the previous year, suggesting a return to pre-pandemic levels. The average daily rate for short-term rentals in Kellogg is around $208, with an average monthly revenue of $14,047, highlighting the lucrative potential for property owners.
With the affluent and tech-savvy millennial generation driving demand, Kellogg's short-term rental market is poised for continued growth, making it an attractive opportunity for homeowners and investors alike.
Short-Term Rental Regulations in Kellogg, Idaho for 2024
Regulatory Requirements
Permits and Licenses
- Operators of short-term rentals must obtain a Short Term Rental Operator Permit and a Municipal Non-Property Tax Permit from the City of Kellogg before renting out any property.
Tax Obligations
- A 6% state sales tax must be collected on all short-term rentals of less than 30 days, applied to the total rental rate including any cleaning or service fees.
- A 5.5% occupancy tax (Local Option Non-Property Tax) must be collected and remitted to the City of Kellogg.
Health and Safety Standards
- Rentals must comply with various health, fire, and safety regulations, including functional fire extinguishers, smoke detectors, escape routes, and regular fire code compliance.
Property Maintenance
- Properties must be maintained to ensure safety and cleanliness, adhering to standard housing and rental regulations.
Annual Permit Renewal
- Short Term Rental Operator Permits must be renewed annually, with all permits expiring on September 30 and new permits required by October 1.
Display of Permits
- The issued permit must be conspicuously displayed at the rental location at all times.
Guest and Property Management
- Hosts must ensure properties are well-maintained and equipped to handle the wear and tear from guests, particularly in a city popular for outdoor recreation.
- Spontaneous visits to the home by the owner are not allowed; owners must book time on the calendar for personal use.
Compliance and Inspections
- Properties are subject to inspections to ensure compliance with health, safety, and building codes, and to ensure the property is guest-ready.
Local Ordinances
- Hosts must comply with any additional local ordinances and regulations, which may include specific rules on noise, parking, and guest behavior, although Kellogg does not have specific laws beyond standard regulations.
Top Neighborhoods for Airbnb Revenue in Kellogg, Idaho
1. Silver Mountain Area
- Appeal: This area is highly appealing due to its proximity to Silver Mountain Resort, which offers skiing, hiking, and other outdoor activities. Many rentals here, such as the "Penthouse Studio W/ Mtn Sunrise Views; Near Silver" and "Silver Mountain Morningstar Lodge 1br Resort Condo," feature amenities like jacuzzis, fitness centers, and stunning mountain views.
2. Uptown Kellogg
- Appeal: Uptown Kellogg is attractive for its central location, allowing easy access to local shops, restaurants, and town amenities. Rentals like the "Adorable Uptown Bungalow" and "The Bezerkley Bungalow" offer comforts such as gardens, free parking, and fully equipped kitchens, making them ideal for families and couples.
3. Alpine Village
- Appeal: This neighborhood is popular for its scenic beauty and direct trail access. The "Alpine Village Suite W/trail Access And Sauna" is a prime example, offering a sauna and garden, making it a cozy retreat for nature lovers and outdoor enthusiasts.
4. The Ridge at Silver Mountain
- Appeal: Located near Silver Mountain, this area is favored for its modern amenities and panoramic views. The "Penthouse Studio At The Ridge | Silver Mountain" features a jacuzzi, dishwasher, and free parking, making it a luxurious and convenient stay for guests.
5. Kellogg Hillside
- Appeal: The hillside area of Kellogg offers a more secluded and cozy experience. Rentals like "The Matterhorn Escape, Cozy Hillside Kellogg Condo" provide terraces, barbecues, and elevators, making them perfect for those seeking a peaceful yet well-equipped stay.
These neighborhoods are highly rated for their location, cleanliness, and the variety of amenities they offer, which significantly contribute to their appeal and revenue generation in the Airbnb market.
Tips for Furnishing and Designing an Inviting Airbnb in Kellogg, Idaho
Understanding the Local Style
- Kellogg, Idaho, often reflects a blend of rustic mountain aesthetics and modern luxury, similar to nearby Sun Valley. Opt for furniture pieces made from materials like oak or pine, and complement them with soft textiles and warm color palettes.
Choosing Durable and Easy-to-Maintain Furniture
- Select furniture that is easy to clean and maintain. Sofas with washable covers and beds with storage compartments can be highly practical.
- Avoid real and faux leather for sofas, as they are tough to maintain. Instead, opt for sturdy, lightweight materials for chairs and sofas.
Enhancing Functionality and Space
- Use space-saving furniture such as sofa beds, folding tables, and ottomans with hidden storage compartments to maximize the use of your space.
- Incorporate smart storage solutions like beds with drawers, wall hooks, and stackable containers to keep the space tidy and organized.
Creating a Welcoming Atmosphere
- Ensure your furniture layout allows for plenty of natural light and space to move around. Measure your rooms carefully to achieve the best layout.
- Add mirrors to make your space feel bigger and brighter. A full-length mirror is a must for guests getting ready, and consider placing a power socket nearby for hair dryers and straighteners.
Amenities and Essentials
- Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Consider adding a hairdryer, basic toiletries, and a first-aid kit to enhance the guest experience.
- Provide high-quality, durable towels in neutral colors that can be bleached, and ensure there is enough storage for guests' toiletries and personal items.
Accessibility and Comfort
- Make your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.
- Include cozy features such as fireplaces, hot tubs, or pools if possible, as these are highly valued by guests in mountainous regions.
Timing and Maintenance
- Plan furniture updates during the off-season or short gaps between bookings to minimize disruption to your guests. This ensures your place remains in top shape.
- Involve your cleaning crew in the selection and maintenance of new furniture to ensure they are aware of any changes and can provide feedback on what holds up best.
Local Touches
- Incorporate local art and decor to create a welcoming atmosphere that resonates with visitors. This can include vintage or reclaimed materials to preserve the region's nostalgic charm.
By following these tips, you can create an inviting and stylish Airbnb in Kellogg, Idaho, that reflects the unique style and needs of the local area.
Discovering Kellogg, Idaho: Local Attractions and Insider Tips
Local Attractions
Outdoor Adventures
- Silver Mountain Resort:
- Enjoy the longest single-cabin gondola ride in America, spanning 3.1 miles to the top of Silver Mountain.
- Engage in skiing, snowboarding, and snow tubing in the winter, and hiking, mountain biking, and golf in the summer.
- Silver Rapids Indoor Waterpark:
- The largest indoor waterpark in Idaho, featuring water slides, a lazy river, kiddie pools, and more.
- Trail of the Coeur d’Alenes and Hiawatha Trail:
- Explore these renowned bike trails for all ages and experience levels.
Historical and Educational Sites
- Crystal Gold Mine:
- Take an authentic underground gold mine tour, learning about 1880s mining methods and seeing historic mining equipment.
- Shoshone County Mining & Smelting Museum:
- Learn about the history of mining in the Silver Valley and the Bunker Hill Mine & Smelter complex.
- Coeur d’Alene’s Old Mission State Park:
- Visit the oldest standing structure in Idaho, built in 1848, and explore the history of the Jesuit missionaries and the Coeur d’Alene Tribe.
Other Attractions
- Galena Ridge Golf Course and Shoshone Golf Club:
- Enjoy golfing in the scenic Silver Valley.
- Sunshine Miners Memorial:
- Pay respects at the memorial commemorating one of the most significant mine disasters in history.
- Silver Streak Zipline:
- Experience thrilling zip line tours in historic Wallace, just a short drive from Kellogg.
Insider Tips
Dining and Nightlife
- Radio Brewing Company:
- Savor local cuisine, from pretzel bites to tacos and salads, and enjoy a cold drink in a welcoming atmosphere.
Activities for All Weather
- Year-Round Fun at Silver Mountain Resort:
- Regardless of the weather, Silver Mountain offers a range of activities, from skiing to hiking and mountain biking.
Exploring the Area
- Drive the I-90 Corridor:
- Located between Fourth of July Pass and Lookout Pass, this route offers stunning views and access to various outdoor activities.
- Visit Historic Wallace:
- Explore the museums, historic downtown, and unique attractions like the Oasis Bordello Museum in nearby Wallace.
Local Events and Seasonal Activities
- Check Local Event Calendars:
- Stay updated on seasonal festivals, ski events, and other local activities that enhance your visit to Kellogg.
By sharing these attractions and tips, you can help your guests make the most of their visit to Kellogg, Idaho, and enjoy the rich history, stunning natural beauty, and diverse activities the area has to offer.
Practical Tips to Run a Successful Short Term Rental Business in Kellogg, Idaho
To ensure a successful and hassle-free short-term rental business in Kellogg, Idaho, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about quiet hours and local noise regulations to maintain a peaceful environment and avoid any potential fines. Clearly communicate these rules in your listing and within the house manual to set expectations from the outset.
Digital and Physical House Manual
Create a comprehensive digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from appliance usage to emergency contact information, ensuring guests have all the necessary information at their fingertips.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, along with photos of the smart lock and any other relevant features.
Parking Instructions
Include clear parking instructions with photos in your house manual to avoid any confusion. This is particularly important in areas where parking can be limited or has specific regulations, ensuring your guests can park safely and conveniently.
By implementing these measures, you can enhance guest satisfaction, reduce potential issues, and maximize the occupancy and revenue of your short-term rental property in Kellogg, Idaho.
Here is a brief list of house cleaning providers in Kellogg, Idaho:
House Cleaning Services
- Jas Janitorial: Offers house cleaning services.
- The Housekeeper: Provides house cleaning services.
- Zephyr Cleaning Services: Specializes in house cleaning.
- Merry Maids: Known for their house cleaning services.
- Sparkling and Beyond: Offers professional deep cleaning services for houses, businesses, and commercial properties.
Additional Services
- J&K Commercial Services: While primarily commercial, they may also offer residential cleaning services.
For more detailed reviews and ratings, you can refer to the sources listed.
Short-Term Rental Management Fees in Kellogg, Idaho: A Comprehensive Guide
In Kellogg, Idaho, managing a short-term rental property involves various fees that can range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as those offered by GoSummer and Awning, typically charge fees on the higher end of this spectrum, often starting at 15% to 20% of the revenue. These services include comprehensive management tasks like guest communication, marketing, pricing optimization, and maintenance to ensure the property is always guest-ready.
Basic services, which may include only the essential management tasks, can be less expensive but still require careful consideration of additional fees. These can include cleaning fees, which are often passed on to guests, as well as potential fees for repairs, maintenance, and design enhancements. It is crucial for property owners to factor these fees into their pricing strategy to ensure profitability and compliance with local regulations, such as the 6% sales tax and 2% Idaho Travel and Convention tax, and the 5.5% local occupancy tax mandated by the City of Kellogg.