Airbnb & VRBO Performance in Oxford Iowa.

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Oxford, Iowa: Airbnb & VRBO Vacation Rental Market Overview

While specific data for Oxford, Iowa is not available, the broader U.S. short-term rental market, which includes Iowa, is showing signs of stabilization and potential growth, with occupancy rates expected to improve in the late fall season and demand anticipated to increase supported by economic growth and domestic travel recovery.

Market overview

Positive Trends in Oxford, Iowa's Short-Term Rental Market

Despite national trends of slightly declining occupancy rates in the short-term rental market, Oxford, Iowa, and the broader U.S. market are showing signs of stabilization and growth. In the late fall season, occupancy rates are pacing ahead of last year, with November expected to be 2% ahead of the previous year.

While specific data for Oxford, Iowa, is not provided, the general U.S. trends suggest that average daily rates (ADR) are relatively stable, with rates in October and November pacing $8 higher per night than last year. This stability, combined with the anticipated increase in occupancy, indicates a promising outlook for short-term rental properties in the area. As the market continues to balance supply and demand, property managers are optimistic about returning to pre-pandemic occupancy figures, making Oxford, Iowa, an attractive destination for both hosts and travelers.

Short Term Regulations

Short-Term Rental Regulations in Oxford, Ohio, and Comparisons with Iowa Regulations

Since the query seems to mix up Oxford, Ohio, with Iowa, here are the regulations specifically for Oxford, Ohio, as there are no specified regulations for an "Oxford" in Iowa.

Oxford, Ohio Short-Term Rental Regulations for 2024

Moratorium on New Short-Term Rentals

  • As of March 5, 2024, the Oxford City Council has passed a moratorium on short-term lodging of 30 days or less. New rental permits for short-term rentals are no longer authorized.

Existing Short-Term Rentals

  • Residential rental units currently possessing valid Rental Permits are exempt from the moratorium.

General Requirements

  • Short-term rentals (less than 30 consecutive days) are restricted to single-family, two-family, and three-family dwellings.
  • These rentals are limited to no more than 90 total days per structure per year.

Rental Permit

  • A valid Rental Permit is required to operate transient guest lodging out of a dwelling unit.

Property Maintenance

  • Inspections are required every 18-24 months to check for property maintenance compliance.
  • The Property Maintenance Code protects the health, safety, and general welfare of residents.

Other Regulations

  • Potential tenants can check the status of rental units through Monthly Rental Inspection Reports or the Rentals Dashboard.
  • Property owners must comply with local building codes and safety standards.

Note on Iowa Regulations

For comparison, Iowa has different regulations:- Cities and counties in Iowa are restricted from prohibiting or requiring licenses or permits specifically for short-term rentals.- Short-term rentals must comply with health, fire, and safety regulations.- Local ordinances can include zoning rules, tax obligations, and health standards, but must be enforced uniformly with similar properties.

Neighborhood Performance

Title: Top Airbnb Revenue-Generating Neighborhoods in Oxford, Iowa, and Their Appeal to Guests

While specific neighborhood data for Oxford, Iowa, is not provided in the sources, we can infer some insights based on general trends and the appeal of nearby areas.

1. Downtown Oxford

  • Appeal: Downtown Oxford is likely to attract guests due to its central location, proximity to local shops, restaurants, and community events. Guests often prefer staying in the heart of the city for easy access to amenities and a vibrant atmosphere.
  • Revenue Potential: Given its central location, properties in Downtown Oxford can command higher rates and maintain a higher occupancy rate, leading to significant revenue.

2. University of Iowa Proximity

  • Appeal: Neighborhoods close to the University of Iowa are appealing to guests visiting for academic or sports events. These areas offer convenient access to campus facilities, stadiums, and other university-related attractions.
  • Revenue Potential: The consistent flow of visitors for university events ensures a steady demand for short-term rentals, making these neighborhoods lucrative for Airbnb investors.

3. Residential Areas with Family-Friendly Amenities

  • Appeal: Families often look for neighborhoods with parks, playgrounds, and other family-friendly amenities. These areas provide a comfortable and safe environment for families to stay.
  • Revenue Potential: Properties in these areas can generate significant revenue, especially during peak travel seasons, by catering to families seeking a home-away-from-home experience.

4. Historic Districts

  • Appeal: Historic districts in Oxford can attract guests interested in the city's history and architecture. These areas often have unique, charming homes that offer a distinctive stay experience.
  • Revenue Potential: The unique character of historic homes can command higher rates, and the appeal to history enthusiasts and those seeking a unique experience can drive up occupancy rates and revenue.

5. Areas with Easy Access to Local Attractions

  • Appeal: Neighborhoods that offer easy access to local attractions such as museums, parks, or entertainment venues are highly appealing to guests. This convenience enhances the overall stay experience.
  • Revenue Potential: Properties in these areas can benefit from the steady stream of tourists and travelers looking for convenient access to local attractions, leading to higher occupancy rates and revenue.

While Oxford, Iowa, may not have the same level of detailed data as larger cities, these neighborhoods generally offer the kind of appeal and revenue potential that make them attractive for Airbnb investors and guests alike.

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Design Tips
Insider Tips

Discovering Oxford, Iowa: Local Attractions and Insider Tips for Airbnb Hosts

Local Attractions

Parks and Outdoor Activities

  • F.W. Kent Park: A popular spot for outdoor activities, offering trails, picnic areas, and scenic views.

Unique Experiences

  • Calyx Creek Lavender & Lodging: Explore the lavender fields and enjoy the serene atmosphere. This is also a great place for a relaxing stay.
  • Northern Ridge Farm and Farmers Market: Visit for fresh produce and a glimpse into local farming practices.

Historical and Cultural Sites

  • Historic U.S. Route 6: Take a drive along this historic route to experience the nostalgic charm of America's past.

Local Eats and Drinks

  • Millstream Brewing Company: A local brewery offering a variety of beers and a welcoming atmosphere.

Accommodations and Dining

  • Die Heimat Country Inn: For a taste of local hospitality and comfort.
  • Rawson's B & B Inn: Another cozy bed and breakfast option.
  • Zuber's Homestead Hotel: A historic hotel with a rich local history.

Insider Tips

Community Engagement

  • The Oxford Project: Share the story of this unique project where photographer Peter Feldstein captured the lives of Oxford residents over two decades. This can provide guests with a deeper understanding of the community.

Local Events

  • Check Local Calendars: Inform guests about any upcoming local events, such as farmers' markets, festivals, or community gatherings.

Hidden Gems

  • A J's Copper Garden: Recommend this art gallery and specialty shop for unique gifts and local art.

Dining Recommendations

  • Local Restaurants: Provide a list of recommended local restaurants and cafes that serve authentic Iowa cuisine.

Outdoor Activities

  • Hiking Trails: Guide guests to the best hiking trails in the area, including those within F.W. Kent Park.

Historical Insights

  • Oxford's History: Share the history of Oxford, including its founding in 1868 and its naming after Oxford, New York.

By providing these local attractions and insider tips, Airbnb hosts can enhance their guests' experience and help them truly appreciate the charm and character of Oxford, Iowa.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Oxford, Iowa

To ensure the success of a short-term rental business in Oxford, Iowa, several practical tips can be implemented to enhance the guest experience and comply with local regulations.

Noise Regulations and Guest Communication

Inform guests about quiet hours through clear communication in the rental agreement and a digital or physical house manual. This helps maintain a positive relationship with neighbors and avoids potential fines or penalties.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should be easily accessible to guests, ensuring they have all the necessary details to make their stay comfortable and hassle-free.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed parking instructions, including photos, to help them navigate the property easily. This automated and well-documented process reduces the likelihood of confusion and enhances guest satisfaction.

By following these tips, you can create a seamless and enjoyable experience for your guests while adhering to local noise regulations and other necessary compliance requirements.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Oxford, Iowa:

House Cleaning Services

  • Homeaglow: Offers professional, affordable, and background-checked house cleaners. You can book a 3-hour clean starting from $19.
  • House Beautiful Cleaning Service LLC: Provides home cleaning services and is open from 9:30 AM.

Multi-Service Providers

  • Window Genie: Specializes in window cleaning, window tinting, pressure washing, gutter cleaning, and more.

Restoration and Cleaning Services

  • SERVPRO: Offers home and business cleaning and restoration services, including water damage cleanup, fire damage, and mold remediation.
Management fees

Short-Term Rental Management Fees in Oxford, Iowa: A Range of 10%-30% of Rental Revenue

In Oxford, Iowa, the fees for managing short-term rental properties can vary significantly, typically ranging from 10% to 30% of the rental revenue. This wide range is largely influenced by the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the rental income.

For properties requiring only basic services, the fees can be lower, usually around 10% to 15% of the rental revenue. Additionally, property owners may incur extra fees for specific services like cleaning, repairs, or design and setup, which can add to the overall cost of property management. Understanding these fee structures is crucial for property owners to make informed decisions about how to manage their short-term rental properties effectively.

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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 Oxford 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 Oxford.

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 Iowa