Airbnb & VRBO Performance in Manteo North Carolina.

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Manteo, North Carolina: Airbnb & VRBO Vacation Rental Market Overview

The short-term rental market in Manteo, North Carolina, is thriving, with higher-than-average occupancy rates of 60%, longer booking lead times, and an average length of stay of 5 nights, indicating strong demand and growth potential for vacation rentals in the area.

Market overview

Thriving Short-Term Rental Market in Manteo, North Carolina

Manteo, North Carolina, is experiencing a robust and vibrant short-term rental market, driven by its appealing historic downtown area, picturesque waterfront views, and proximity to popular Outer Banks attractions. The average occupancy rate in the Outer Banks region, which includes Manteo, stands at a healthy 60%, slightly above the national average, indicating strong demand for vacation rentals.

In terms of financial performance, the average daily rates and annual revenues are promising. While specific daily rates for Manteo are not provided, the broader Outer Banks market shows a positive revenue performance with an average RevPAN (Revenue Per Available Night) of $108, reflecting effective revenue management strategies.

The area's attractiveness to families, couples, and larger groups, combined with its rich local culture and various annual events, ensures a steady stream of visitors. With guests staying an average of 5 nights, there is ample opportunity for hosts to optimize their pricing and guest experience, making Manteo an excellent location for short-term rental investments.

Short Term Regulations

Short-Term Rental Regulations in Manteo, North Carolina for 2024

State and Local Requirements

Registration and Permits

  • Hosts must register their property with the city and obtain a rental permit.

Written Vacation Rental Agreement

  • A written vacation rental agreement must be signed by each guest, as mandated by the North Carolina Vacation Rental Act.

Trust Account

  • Rent, security deposits, and other fees must be deposited into a trust account in a federally insured depository institution or a trust institution authorized to do business in the state.

Local Business License

  • In some cities, including potentially Manteo, Airbnb hosts might need to obtain a business license from local authorities.

Insurance

  • Property owners must have short-term rental insurance that provides general liability coverage.

Tax Compliance

  • Property owners must complete all registration and processes required to pay occupancy and sales tax. In North Carolina, this includes a state-imposed sales tax of 4.75% and an additional local rate that can range from 2% to 2.75%.

Zoning and Location Restrictions

  • Short-term rentals must comply with local zoning ordinances. In Manteo, rentals are allowed in specific residential zones, but there may be restrictions on the number of rentals in certain areas.

Health and Safety Regulations

  • Properties must be equipped with fire and safety equipment, including smoke alarms and carbon monoxide detectors.

Maximum Occupancy

  • Hosts must ensure compliance with local maximum occupancy standards, typically two persons per bedroom.

Parking Requirements

  • Property owners must provide the required number of parking spaces based on the number of bedrooms rented out, usually one parking space per bedroom.

Guest and Property Management

  • Hosts or their agents must be available within a reasonable distance (potentially within 50 miles) when an occupant is staying in the rental.

Noise and Waste Regulations

  • Hosts must comply with noise ordinances and waste removal regulations. Posting of house rules and contact information at the main entrance of the property is often required.

Annual Compliance

  • Zoning permits and other necessary permits may need to be renewed annually.

Additional Local Regulations

  • Manteo may have specific regulations regarding the number of days a property can be rented out per year and restrictions on the number of guests allowed.
Neighborhood Performance

High-Revenue Neighborhoods for Airbnb in Manteo, North Carolina

Neighborhoods Generating Significant Airbnb Revenue

1. Waterfront Areas

  • These neighborhoods are highly appealing due to their scenic waterfront views and recreational accessibility, such as boating, fishing, and beach access. Guests seek properties with well-maintained outdoor spaces and stunning waterfront views, making these areas highly profitable.

2. Historic Downtown Manteo

  • This area is attractive for its charming community vibe, local shops, and eateries. The historic downtown offers a unique and authentic experience, drawing in guests who appreciate the local culture and community spirit.

3. Areas Near Roanoke Island Festival Park

  • Proximity to popular attractions like Roanoke Island Festival Park and the North Carolina Aquarium on Roanoke Island makes these neighborhoods highly desirable. Guests are drawn to the convenience of being close to key tourist spots.

4. Areas Near Jockey's Ridge State Park

  • Being close to Jockey's Ridge State Park, a major tourist attraction, increases the appeal of these neighborhoods. Guests enjoy the easy access to outdoor activities and scenic natural areas.

Why These Neighborhoods Are Appealing

  • Scenic Views and Recreational Activities: Waterfront areas offer beautiful views and direct access to recreational activities, making them highly sought after by guests.
  • Local Culture and Community: Historic downtown Manteo provides a charming and authentic experience with its local shops, eateries, and community events.
  • Proximity to Attractions: Neighborhoods near Roanoke Island Festival Park and Jockey's Ridge State Park are appealing due to their convenience and accessibility to major tourist attractions.
  • Family-Friendly Features: These areas often include amenities like pools, hot tubs, and game rooms, which are highly attractive to families and larger groups.
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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Manteo, North Carolina

Understanding Manteo's Unique Style

  • Manteo, NC, is known for its coastal charm, historic downtown, and scenic waterfront views. Reflect this in your design by incorporating coastal chic, traditional nautical, and modern farmhouse aesthetics.

Key Features and Amenities

  • Waterfront Views and Outdoor Spaces: Ensure your property offers well-maintained outdoor spaces and, if possible, stunning waterfront views. These are highly sought after by guests.
  • Family-Friendly Features: Include amenities like pool access, hot tubs, and game rooms to appeal to families and larger groups.

Design and Furnishing Choices

  • Color Palette: Use a palette of soft blues and whites to reflect the beachy environment of Manteo.
  • Comfortable Furniture: Choose comfortable and inviting furniture that appeals to families and couples alike.
  • Local Art and Decor: Incorporate local art or coastal-themed decor to create a connection to the community and enhance guest experiences.

Practical Upgrades

  • Easy-to-Clean Furnishings: Opt for easy-to-clean furnishings to ensure maintenance is manageable.
  • Quality Mattresses and Kitchenware: Invest in quality mattresses and substantial kitchenware to meet guests' needs effectively.

Neighborhood Considerations

  • Waterfront and Downtown Areas: Invest in properties near the waterfront or historic downtown Manteo for maximum appeal to tourists.

Compliance with Local Regulations

  • Vacation Rental Permit: Ensure you obtain a Vacation Rental Permit from the Town of Manteo before listing your property.
  • Occupancy Tax and Zoning Laws: Be aware of the 6% occupancy tax and comply with local zoning laws and noise/parking regulations.

Seasonal Considerations

  • Strategic Pricing and Marketing: Adjust pricing and marketing strategies to maximize occupancy during peak seasons and maintain bookings in the off-season.

Guest Experience

  • Regular Maintenance and Quick Response: Maintain a high level of service by ensuring regular maintenance and quick responses to any issues, which is crucial for positive reviews and repeat bookings.
Insider Tips
Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Manteo, North Carolina

To ensure a successful and hassle-free short term rental business in Manteo, North Carolina, several practical tips can be implemented. First, it is crucial to adhere to the town's noise regulations by informing guests about quiet hours through clear communication in both digital and physical house manuals. These manuals should also include essential instructions, Wi-Fi passwords, and other pertinent details to make the guest's stay comfortable and convenient.

A simplified check-in process can be achieved by utilizing smart locks, eliminating the need for physical key exchanges and reducing the likelihood of lost keys. Additionally, providing detailed parking instructions accompanied by photos can help guests navigate the property easily and avoid potential parking issues.

By complying with local regulations, such as obtaining a Vacation Rental Permit and remitting the 6% occupancy tax, hosts can avoid penalties and ensure a smooth operation. Overall, attention to these details enhances the guest experience, reduces potential conflicts, and maximizes occupancy rates, especially during the peak travel seasons in Manteo.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in or around Manteo, North Carolina:

House Cleaning Services

  • Shore Thing Cleaning: Provides thorough cleaning services, including light cleaning and deep cleaning, with a focus on safety and sanitation. They also offer general janitorial services and non-standard cleaning and maintenance.
  • Swept Away Home Services: Specializes in cleaning rental properties in the Outer Banks area.

Multi-Service Providers

  • Window Gang: Offers a wide range of services including window cleaning, pressure washing, gutter cleaning, dryer vent cleaning, blind cleaning, chimney sweeping, window tinting, deck & fence restoration, house & building washing, and roof washing. They use environmentally friendly solutions.

Specialized Cleaning Services

  • Albemarle Carpet & Upholstery Cleaning, Inc.: Provides carpet, upholstery, tile, and window cleaning services with certified technicians.

Other Services

  • Scoopin' Poop OBX: While not a traditional house cleaning service, they offer dog waste removal for individuals and properties, contributing to overall property cleanliness.
Management fees

Short-Term Rental Management Fees in Manteo, North Carolina: A Comprehensive Overview

In Manteo, North Carolina, managing a short-term rental property involves a range of fees that can vary significantly based on the level of service provided. Typically, management fees for short-term rentals range from 10% to 30% of the rental revenue. Full-service management companies, such as those offered by Summer and Awning, which include comprehensive services like guest communication, marketing, maintenance, and compliance with local regulations, tend to be on the higher end of this spectrum, often starting at 15% to 20% of revenue.

Basic service packages, which may only include essential services like cleaning and reservation management, can be less expensive but still vary widely. Additional fees may apply for services such as deep cleaning, repairs, and property design or amenities. For instance, some companies charge a consumables fee to cover items like linens, toiletries, and light bulbs, while others may have separate fees for security deposits and damage protection.

Understanding these fee structures is crucial for property owners to maximize their earnings and ensure their properties are well-maintained and compliant with local regulations.

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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 Manteo should generate as a short term rental and look at the performance of properties around yours.

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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 Manteo.

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 North Carolina