Kenosha, Wisconsin, is experiencing robust performance in its short-term rental market, with high occupancy rates of 47%, significant monthly revenues, and steady growth in active listings and rental demand.
Thriving Short-Term Rental Market in Kenosha, Wisconsin
Kenosha, Wisconsin, is experiencing a robust and lucrative short-term rental market, making it an attractive destination for both investors and travelers. The city boasts an average occupancy rate of 47% for its short-term rentals, indicating a steady demand for these properties. The average daily rate for these rentals stands at $172, contributing to a significant monthly revenue of approximately $17,097. This strong performance is further highlighted by a growth in active listings over the past year, with an 8% increase, and a favorable revenue growth trend. The combination of high occupancy rates, substantial daily rates, and growing market demand makes Kenosha an excellent choice for those looking to invest in or rent short-term properties.
Short-Term Rental Regulations in Kenosha, Wisconsin for 2024
While Kenosha, Wisconsin, does not have specific regulations for short-term rentals explicitly mentioned in the city's code of ordinances, there are several key points and considerations that hosts and investors should be aware of:
Definition of Short-Term Rentals
- A short-term residential dwelling rental is defined as a residential dwelling that is offered for lease for periods of less than seven consecutive days.
Compliance with Local Codes
- Hosts must comply with the Kenosha Property Maintenance Code and other local ordinances, even though they do not specifically address short-term rentals.
Zoning Requirements
- It is important to research and comply with local zoning codes, which can impact the operation of short-term rental properties.
Licensing and Registration
- Although not explicitly outlined, it is advisable to contact the Kenosha County Department of Planning to determine if there are any licensing or registration requirements for short-term rentals.
Property Maintenance
- Hosts must ensure compliance with property maintenance regulations as defined by the Kenosha Property Maintenance Code.
Necessary Permits and Clearances
- Obtain any necessary permits or clearances required by local authorities. This may include documentation such as property ownership proof and insurance.
State Regulations
- Short-term rental owners must comply with state laws, including sales tax requirements as prescribed by the Wisconsin Department of Revenue.
Community and Neighbor Considerations
- While not regulated, hosts should be mindful of potential issues such as noise and disturbances, as these can lead to community complaints and potential future regulatory changes.
To ensure full compliance and stay updated on any changes, it is recommended to consult directly with the Kenosha County Department of Planning and other local authorities.
Top Neighborhoods for Airbnb Revenue in Kenosha, Wisconsin
Why Kenosha?
Kenosha, Wisconsin, is an attractive destination for Airbnb investors and guests due to its strategic location near Lake Michigan, its rich history, and various recreational activities. Here are some of the top neighborhoods in Kenosha that generate significant Airbnb revenue:
1. Downtown Kenosha
- Appeal: Downtown Kenosha offers easy access to the lakefront, historic sites, and a vibrant arts and culture scene. Guests can enjoy the Kenosha Harbor, the Kenosha Sand Dunes, and various local eateries and shops.
- Revenue: Properties in this area benefit from high demand due to its central location and amenities, with average daily rates around $146 and annual revenues similar to the city average of $29,054.
2. HarborPark
- Appeal: HarborPark is a popular area with beautiful lake views, walking paths, and proximity to the Kenosha Marina. It's ideal for guests looking to enjoy water activities and scenic walks.
- Revenue: The high demand for lakefront properties and the area's amenities contribute to higher occupancy rates and revenue, aligning with Kenosha's overall average of 60% occupancy and $29,054 annual revenue.
3. Uptown Kenosha
- Appeal: Uptown Kenosha is known for its historic charm, boutique shops, and a variety of dining options. Guests appreciate the area's unique character and community events.
- Revenue: The blend of historic appeal and modern amenities makes Uptown Kenosha a lucrative area for Airbnb hosts, with properties likely to achieve the city's average occupancy rate of 60% and corresponding revenue.
4. Petrifying Springs Park Area
- Appeal: This area is popular for its natural beauty, with Petrifying Springs Park offering hiking trails, picnic areas, and a scenic creek. It's a favorite among nature lovers and families.
- Revenue: The park's attractions and the area's residential charm ensure a steady stream of guests, contributing to the overall high occupancy rates and revenue seen in Kenosha.
5. Lake Michigan Shoreline Neighborhoods
- Appeal: Neighborhoods along the Lake Michigan shoreline, such as those near Alford Park and Pennoyer Park, offer stunning lake views, beaches, and recreational activities.
- Revenue: These areas are highly sought after, especially during summer months, leading to higher daily rates and annual revenues. The average daily rate of $146 and annual revenue of $29,054 reflect the high demand for these locations.
These neighborhoods in Kenosha are appealing to guests due to their unique blend of natural beauty, historical significance, and modern amenities, making them highly profitable for Airbnb hosts.
Furnishing and Design Tips for an Inviting Airbnb in Kenosha, Wisconsin
Defining Your Aesthetic
- Define your property's aesthetic based on Kenosha's unique style, which often blends coastal charm with Midwestern comfort.
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 space.
- Select mattresses that are at least 8 inches thick, preferably memory foam for durability.
- Use mattress covers for longevity and opt for white linens for a hotel-like feel.
Living Area
- Invest in a durable, easy-to-clean sofa. Avoid real and faux leather; instead, choose sofas with washable covers.
- Consider a sofa bed to increase guest capacity and rental potential.
- Add a full-length mirror with a stylish frame and ensure a power socket is nearby for hair dryers and straighteners.
Dining Area
- 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 enough to support various weights.
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.
- Provide a cutting board, measuring cups, and a corkscrew. Ensure there is ample storage for food and kitchen items.
Workspace
- Provide a sturdy desk and comfortable 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.
Bathroom and Toiletries
- Offer high-quality, durable towels in neutral colors that can be bleached.
- Provide enough storage for guests' toiletries and personal items. Include a hairdryer, basic toiletries, and a first-aid kit.
Smart Storage
- Use smart storage solutions like beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy.
- Offer guests a designated spot for their personal items, such as a luggage rack.
Accessibility and Safety
- Consider making your Airbnb accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.
- Install smoke detectors, carbon monoxide detectors, and a first aid kit. A safe for valuables can also be a valuable addition.
Decor and Ambiance
- Use mirrors to make the space feel bigger and brighter.
- Add plants to liven up the space and create a welcoming atmosphere.
Budgeting and Prioritizing
- Set a budget and prioritize spending on statement pieces that define the space, such as sofas, coffee tables, and dining room tables.
- Balance budget constraints by choosing where to splurge and where to save, ensuring overall comfort and functionality.
Discovering Kenosha, Wisconsin: Local Attractions and Insider Tips
Attractions
History & Museums
- Kenosha Public Museum: Explore exhibits on local mammoths, including the Hebior Mammoth, the largest and most complete woolly mammoth ever excavated.
- Dinosaur Discovery Museum: A must-visit for dinosaur enthusiasts, featuring extensive dinosaur exhibits.
- Civil War Museum: Learn about the Civil War era through interactive exhibits and historical artifacts.
- Kenosha History Center: Discover Kenosha’s auto manufacturing past and other local historical highlights.
Arts & Entertainment
- Kenosha Comedy Club: Enjoy a night of laughter in downtown Kenosha.
- Live Theatre and Music Performances: Catch live shows at various venues, including standup comedy acts, live music, and theatre productions.
- Art Galleries and Public Art: Explore local art galleries and the Sculpture Walk along the harbor.
Outdoor Activities
- Simmons Island Beach: Relax on the beach along Lake Michigan and enjoy water activities.
- HarborPark: A lakefront park with beautiful views, walking paths, and access to the lakefront museum campus.
- Biking Trails: Utilize over 150 miles of dedicated bike lanes and signed routes, including the Kenosha County Bike Trail and mountain bike trails at Silver Lake Park.
- Washington Park Velodrome: Watch bike races at the oldest continuously operating velodrome in the U.S..
Unique Spots
- Miniature Statue of Liberty: View this unique statue at the Kenosha History Center, a gift from local Boy Scout troops.
- Wallace Fountain: Experience a piece of Paris in Kenosha with this public drinking fountain.
- Franks' Diner: Dine at the oldest continuously operating lunch car diner in the U.S., since 1926.
- Winter Dance Party Sculpture: Commemorating the Winter Dance Party Tour, a significant music history event.
Insider Tips
Shopping and Dining
- Downtown Kenosha Shopping: Explore unique shops offering trendy fashion, home décor, antiques, and more. Don’t miss Mars Cheese Castle for local cheese and souvenirs.
- Local Dining: Enjoy a diverse range of dining options, from diners to authentic ethnic cuisine. Check out family-owned bars and restaurants that transform into lively spots for drinks and entertainment in the evening.
Events and Festivals
- Annual Events: Participate in events like Kenosha Restaurant Week, Bristol Renaissance Faire, Wisconsin Marathon, and the HarborPark Jazz, Rhythm & Blues Festival.
- Free Summertime Concert Series: Attend one of the numerous free concerts held in parks during the summer.
Family-Friendly Activities
- Kenosha Kingfish Baseball Game: Catch a game with the family.
- The Dream Playground at Petzke Park: An inclusive, 100% accessible playground perfect for families.
- Electric Streetcar: Ride an authentic Electric Streetcar, a fun activity for all ages.
Seasonal Activities
- Beach Activities: Lounge on beaches along Lake Michigan and enjoy swimming, sunbathing, or searching for beach glass.
- Winter Activities: Engage in activities like biking after a fresh snowfall, or enjoy the festive atmosphere during winter events.
By sharing these attractions and insider tips, you can help your guests make the most of their visit to Kenosha, Wisconsin.
Practical Tips to Run a Successful Short Term Rental Business in Kenosha, Wisconsin
To ensure the success of a short-term rental business in Kenosha, Wisconsin, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about noise regulations and quiet hours to maintain a harmonious environment. Include clear guidelines in your house manual and communicate them through welcome messages or signs at the property. This helps in avoiding potential complaints from neighbors and ensures a pleasant stay for your guests.
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 manual should also cover house rules, including noise regulations, to ensure guests are well-informed and can navigate the property easily.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide detailed instructions on how to use the smart locks, along with parking instructions accompanied by photos. This not only enhances the guest experience but also reduces the likelihood of issues or misunderstandings upon arrival.
By implementing these strategies, you can enhance guest satisfaction, reduce potential conflicts, and maintain a smooth operation for your short-term rental business in Kenosha.
Here is a brief list of house cleaning services providers in Kenosha, Wisconsin:
House Cleaning Services in Kenosha, WI
The Cleaning Authority - Kenosha
- Offers the Detail-Clean Rotation System for thorough and sanitized cleaning.
- Uses environmentally responsible cleaning products.
- Fully bonded and insured.
- Serves Kenosha, Racine, Caledonia, Franklin, and surrounding areas.
Molly Maid of Kenosha, Burlington, and Lake Geneva
- Provides customized cleaning plans with no contracts.
- Offers one-time, move-out, and recurring cleaning services.
- Serves Kenosha, Burlington, Lake Geneva, and other parts of Southeast Wisconsin.
Merry Maids of Kenosha
- Offers comprehensive cleaning services with 40 years of experience.
- Aims to simplify life by providing a clean home, allowing more free time.
- Professional services to re-energize your home.
MaidPro Kenosha
- Provides house cleaning services with a focus on customer satisfaction.
- Offers free estimates and serves the Kenosha area.
For additional options, you can also refer to local listings on platforms like Care.com, which lists various affordable house cleaning services in Kenosha, WI.
Short-Term Rental Management Fees in Kenosha, Wisconsin
In Kenosha, Wisconsin, managing short-term rentals such as those listed on Airbnb or VRBO can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks like guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income.
Basic services, which may only include rent collection and minimal oversight, can be more affordable, sometimes as low as 10% of the monthly rent. Additionally, hosts may incur extra fees for services such as cleaning, repairs, or property design, which can further impact the overall cost of managing a short-term rental property. It is essential for hosts to carefully evaluate the services offered and the associated fees to ensure they align with their investment goals and operational needs.