Airbnb & VRBO Performance in Missoula Montana.

Short-Term Rental Regulations in Missoula, Montana for 2024

Registration and Licensing

• Short Term Rental Registration: All short-term rentals must register with the City of Missoula and obtain a Short Term Rental Registration number (format: 20YY-MSS-STR-00###).
• Public Accommodations License: Obtain a Public Accommodations License from the Missoula City-County Health Department.
• Lodging Facility Sales and Use Tax: Register for a Lodging Facility Sales and Use Tax account with the Montana Department of Revenue.

Application and Renewal Process

• Application Fee: The application fee for a short-term rental is $594.
• Annual Renewal: Short Term Rental registrations expire on January 31st each year and must be renewed annually. Renewals can be done online, by check, or over the phone.

Compliance and Inspections

• Health and Safety Inspections: Non-owner occupied units must receive an inspection and license from the health department.
• Fire Inspection: A one-time fire inspection may be required as part of the registration process.

Hosting Platform Requirements

• Registration Verification: Hosting platforms must verify that listings comply with local laws by collecting the City of Missoula Short Term Rental Registration number. Starting December 5, 2024, hosting platforms must include the registration number for each listing before booking transactions can take place.

Zoning and Neighborhood Compliance

• Zoning Compliance: Tourist homes must comply with Title 20 zoning code. In residential districts, tourist homes must submit a Neighbor Notification list during the application process.
• Homeowner Association Rules: Comply with homeowner association covenants, condo by-laws, and other contracts, which may prohibit operating a short-term rental.

Taxes

• Lodging Facility Use Tax: 4% of the listing price, including any cleaning fees and guest fees, for reservations 29 days or shorter.
• Lodging Sales Tax: 4% of the listing price, including any cleaning fees and guest fees, for reservations 29 days or shorter.

Guest and Community Considerations

• Guest Register: Maintain a guest register including name and contact information, stored for a minimum of one year.
• Respect for Neighbors: Ensure guests respect the residential area and neighbors' enjoyment of their properties. Repeated violations of City Ordinances can result in the revocation of the right to operate a Short Term Rental.

Exemptions

• Owner-Occupied Units: Rentals that are part of the owner's primary residence, such as single rooms or accessory dwelling units, are not required to register.

Top Neighborhoods for Airbnb Revenue in Missoula, Montana

1. Downtown Missoula

Downtown Missoula is a hub for Airbnb revenue due to its central location and proximity to key attractions. Guests love the area for its walkability to the Clark Fork River, the University of Montana, The Wilma, and the Farmers Market. Properties like [The Spruce House] and [Downtown Sanctuary] are highly rated for their modern amenities, historic charm, and easy access to restaurants, breweries, and concert venues.

2. The Hip Strip

The Hip Strip is another highly sought-after area, known for its vibrant atmosphere and historic buildings. Rentals such as the [Babs Building Unit 7] and [Williamsburg, Missoula] are popular due to their proximity to the University of Montana, Griz Stadium, and a variety of restaurants, coffee shops, and breweries. The area's unique blend of historic charm and modern amenities makes it a favorite among guests.

3. South Side of Missoula

The south side of Missoula, particularly around Reserve Street and the new soccer fields, generates significant Airbnb revenue. Properties like the [Couple's/Family retreat] are appealing because they offer brand new living spaces, fully stocked kitchens, private patios, and easy access to breweries, restaurants, and playgrounds. The area's convenience and family-friendly amenities make it a hit with guests.

4. Riverfront and Waterfront Areas

Riverfront and waterfront properties, such as those in the historic Wilma Building and Goldsmith's River Front Inn, are highly lucrative. Rentals like [The Historic Wilma Loft 7-2] and [Riverfront AirBnb- Bitterroot Apartment #5] offer stunning views of the Clark Fork River, access to downtown Missoula, and amenities like hot tubs and fully stocked kitchens. These properties are ideal for guests seeking a scenic and relaxing stay.

5. Garden City and University Area

The Garden City and University area is also a revenue generator due to its quiet, peaceful atmosphere and proximity to the University of Montana. Properties such as the [Garden City Guest House] are favored for their spacious, well-maintained spaces, private patios, and easy access to downtown Missoula and the river-trail system.

These neighborhoods are appealing to guests due to their combination of central locations, historic charm, modern amenities, and easy access to outdoor activities, restaurants, and local attractions.

Furnishing and Design Tips for an Inviting Airbnb in Missoula, Montana

Understanding Your Audience and Location

• Tailor your furnishings to appeal to a diverse range of guests, including students, families, and adventure-seeking travelers, given Missoula's vibrant culture and outdoor recreation opportunities.

Theme and Style

• Adopt a mix of rustic and modern elements that reflect Missoula's outdoor lifestyle and artistic vibe. Use earthy tones, natural wood finishes, and comfortable fabrics to create a warm, inviting atmosphere.

Essential Amenities

• Ensure spacious accommodations for larger groups, updated kitchens for home-cooked meals, and outdoor spaces like patios or balconies to enjoy the views.
• Provide reliable Wi-Fi and easy access to local attractions, which are crucial for both casual travelers and business visitors.

Furniture Selection

• Choose sturdy, easy-to-clean furniture. Opt for beds with storage, memory foam mattresses, and mattress covers for durability.
• Select sofas with washable covers and consider sofa beds to increase guest capacity.
• Use high-quality, durable towels in neutral colors and provide ample storage for guests' toiletries and personal items.

Kitchen Essentials

• Equip the kitchen with essentials like a coffee maker, microwave, toaster, kettle, and basic cookware, utensils, and dinnerware. Additional items like a blender and sharp knives can enhance the guest experience.

Workspace and Connectivity

• Provide a sturdy desk, a comfortable chair, good lighting, and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger spaces.

Storage and Organization

• Use smart storage solutions such as beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized.

Local Touches

• Incorporate unique local art or custom elements that reflect the essence of Missoula to create a memorable environment for guests.

Accessibility and Safety

• Consider making your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms. Also, ensure the presence of smoke detectors, carbon monoxide detectors, and a first aid kit.

Mirrors and Lighting

• Use mirrors to make the space feel bigger and brighter. Ensure there are power sockets near mirrors for hair dryers and straighteners.

Outdoor Gear and Proximity

• If possible, offer outdoor gear rentals or highlight the proximity to hiking trails and parks to appeal to adventure-seeking guests.

Discover Missoula, Montana: Local Attractions and Insider Tips

Outdoor Activities

• Hike to the "M":

• A short but steep hike to the concrete "M" on Mt. Sentinel, offering panoramic views of Missoula. For the more adventurous, continue to the summit of Mt. Sentinel for even more breathtaking views.

• Clark Fork Riverfront Trail:

• Walk, run, or cycle along the riverfront trail that runs through downtown Missoula. Enjoy views of the Clark Fork River and the historic Old Milwaukee Depot.

• Whitewater Rafting and Brennan’s Wave:

• Experience the thrill of whitewater rafting or watch kayakers and surfers at Brennan’s Wave in Caras Park. Many breweries and wineries offer happy hour floats on the river.

• Caras Park:

• A central park in downtown Missoula with a carousel, playground, and spots to enjoy the river. It hosts various community events and food trucks throughout the summer.

Cultural and Immersive Experiences

• Missoula Art Museum:

• Explore the outdoor art park and indoor galleries featuring modern pieces by living artists. Admission is free, and the museum is located on Salish and Qlispe ancestral lands.

• Historical Museum at Fort Missoula:

• Visit this museum to see historic artifacts, log and brick buildings, cannons, trains, and classic vehicles. Established in 1877, it offers a glimpse into the past.

• Wilma Theater:

• Attend a performance at this historic theater, which hosts music, comedy, and movie events. Grab dinner at Scotty’s Table or other local restaurants before the show.

Local Markets and Shopping

• Missoula Farmers Market:

• Visit the Saturday Farmers Market on East Pine Street or the Clark Fork River Market in Caras Park for fresh produce, groceries, breakfast, lunch, flowers, crafts, and local artwork.

• Downtown Missoula Shopping:

• Explore local art galleries, unique shops, and the vibrant downtown area. Don’t miss the evolving outdoor urban art gallery at Allez on Higgins Avenue.

Food and Drink

• The Notorious P.I.G.:

• Enjoy Montana's best BBQ at this local favorite.

• Sweet Peaks Ice Cream:

• Savor mountain-made ice cream at this popular spot.

• Top Hat Lounge:

• Experience a locally-sourced menu and live music at this downtown lounge.

• Local Breweries and Wineries:

• Missoula is renowned for its craft beer and wine scene. Take a wine tasting tour or enjoy a beer at one of the many local breweries.

Sporting Events

• Osprey Baseball Games:

• Catch a baseball game at Ogren Park, home of the Missoula Osprey.

• University of Montana Sporting Events:

• Watch a game by the Montana Grizzlies football, basketball, volleyball, hockey, or soccer teams on the University of Montana campus.

Seasonal and Community Events

• Big Sky Documentary Film Festival:

• Attend this annual festival in February, which features documentaries at various local venues.

• Western Montana Fairgrounds:

• Visit in August for rodeo events, concerts, and other activities at the fairgrounds.

• Logjam Presents Music Events:

• Check out the series of concerts and entertainment at venues like the Wilma Theater, Top Hat, Kettlehouse Amphitheater, and Ogren Park.

Insider Tips

• Walkability:

• Many attractions are within walking distance from downtown, making it easy to explore without a car.

• Ghost Signs:

• Look for historic ghost signs on the sides of brick buildings and in alleyways, a nod to Missoula’s railroad past.

• SUP Yoga:

• Try yoga on a paddleboard in the heart of Missoula for a unique and fun experience.

• Hot Springs:

• Visit the natural hot springs in the Lolo National Forest or commercialized hot springs for a relaxing day.

By sharing these tips and attractions, you can help your guests make the most of their visit to Missoula, Montana.

Practical Tips to Run a Successful Short Term Rental Business in Missoula, Montana

To ensure a smooth and successful short term rental business in Missoula, Montana, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about the city's noise regulations and quiet hours to maintain a respectful environment for neighbors. Include this information in both your digital and physical house manual to avoid any potential issues.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should be easily accessible to guests, either through a welcome email or a physical copy at the rental property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests receive all necessary access codes in advance.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests navigate any parking challenges. This can prevent confusion and ensure that guests park in designated areas, respecting local regulations and neighbor properties.

By following these tips, you can enhance the guest experience, reduce potential issues, and maintain compliance with local regulations, ultimately contributing to a successful and reputable short term rental business in Missoula.

Here is a brief list of house cleaning providers in Missoula, Montana:

House Cleaning Services in Missoula, MT

Merry Maids of Missoula

• Offers comprehensive home cleaning services, including regular and one-time cleans.
• Provides services to restore balance and enhance well-being.

Maid Tidy Missoula

• Provides residential house cleaning, move-in and move-out cleaning, and vacation rental cleaning.
• Offers flexible scheduling and various cleaning frequencies (one-time, weekly, bi-weekly, monthly).

One Final Touch Cleaning Services

• Offers professional cleaning services for homes and offices in Missoula.
• Provides free quotes for their services.

For additional options, you can also refer to the following resources:

Care.com

• Lists multiple affordable house cleaning services in Missoula, with options starting at $20.35/hr.

Angi

• Provides a list of the top 10 best house cleaners in Missoula, with average costs ranging between $30 and $50 per hour.

Managing Short-Term Rentals in Missoula, Montana: Fee Structures and Services

In Missoula, Montana, the management of short-term rentals involves a range of fees that can vary significantly based on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, typically ranges from 20% to 30% of the rental revenue. This higher end of the spectrum ensures that all aspects of the rental are handled professionally, from attracting guests to managing the property's upkeep.

For those opting for more basic services, the fees can be lower, often around 10% of the rental revenue. However, additional costs may apply for specific services like cleaning, repairs, or design enhancements. Property owners need to consider these variables when selecting a management service to ensure it aligns with their budget and the level of involvement they desire in managing their short-term rentals.