Springdale, Arkansas, boasts a thriving short-term rental market, with hosts earning an average annual revenue of $26K, a median occupancy rate of 59%, and an average daily rate of $127, driven by a diverse visitor base and a vibrant calendar of events.
Thriving Short-Term Rental Market in Springdale, Arkansas
Springdale, Arkansas, is experiencing a robust short-term rental market, making it an attractive destination for both hosts and travelers. With a median occupancy rate of 59% and an average daily rate of $127, hosts in Springdale are seeing significant revenue, averaging around $26,000 annually per listing. The city's unique blend of small-town charm, big-city amenities, and its proximity to the Ozark Mountains and major corporate headquarters like Tyson Foods and Walmart, drives a diverse visitor base. Peak seasons, which include late spring through summer, are particularly lucrative due to popular outdoor activities and major events, further enhancing the city's appeal for short-term rental investments.
Short-Term Rental Regulations in Springdale, Arkansas for 2024
Licensing and Permits
- Short-term rental operators must obtain a special use permit or planned zoning development to operate their business.
Temporary Ban on New Applications
- As of 2022, Springdale has imposed a temporary ban on new transient lodging applications, halting the initiation of new short-term rental operations within the city.
Compliance Requirements
- Operators must comply with local zoning ordinances and health and safety standards.
- They must provide accurate and up-to-date information about their short-term rental operations to the city.
Taxes and Fees
- Short-term rental operators must pay a 2% lodging tax, among other state and local taxes (including a 6.5% Sales & Use tax and a 2% State Tourism Tax).
Safety and Zoning Regulations
- Properties must meet safety standards, including requirements for smoke detectors, carbon monoxide detectors, and emergency exit plans.
Enforcement
- The city conducts inspections to ensure compliance with local regulations and zoning ordinances.
- Fines or penalties can be issued for non-compliance, and licenses can be revoked for repeated violations.
Local Property Management
- While specific requirements for a local property manager are more detailed in other Arkansas cities, Springdale's regulations generally require compliance with local management standards.
Community Impact
- The city is in the process of developing a regulatory framework to address the growing number of short-term rentals and balance property rights with preserving quality of life for residents.
Additional Considerations
- Springdale is considering extending the minimum rental period in residential zones and limiting the total number of transient lodging units by facility type as part of its ongoing regulatory development.
Top Neighborhoods Generating Airbnb Revenue in Springdale, Arkansas
1. Downtown Springdale and Surrounding Areas
- Appeal: These areas are highly rated for their proximity to local amenities such as Emma Street (downtown Springdale), the Razorback Greenway, and various dining and shopping options. Properties like the "Amethyst House" and "Cozy Cottage in Springdale" are favorites among guests due to their convenient locations and family-friendly amenities.
2. Cave Springs
- Appeal: Neighborhoods in Cave Springs are attractive due to their blend of rural tranquility and close proximity to upscale shopping and dining establishments. The "Convenient Barndominium Hideaway" is a top-rated choice, offering a large deck, patio, and easy access to Walmart Amp, Top Golf, and the Rogers Convention Center.
3. Bentonville and Adjacent Areas
- Appeal: Although technically in nearby Bentonville, these areas are often considered part of the broader Springdale vacation rental market. They are popular for their central location near Crystal Bridges Art Museum, Walmart HQ, and the vibrant downtown Bentonville area. Properties like "The Modern Urban Mustard Seed Downtown Bentonville" and "The Emerald Bungalow on Central Ave" are highly rated for their location and amenities.
4. Lowell and Garfield
- Appeal: These neighborhoods offer a mix of rural and lakeside experiences. Cabins and homes in these areas, such as "Blueberry Escape-Lakefront Family Cabin on Beaver" and "Beaver Lake Log Cabin, Lakefront 6 Private Acres," are appealing for their scenic views, private settings, and access to outdoor activities like fishing and hiking.
5. Rogers and Surrounding Areas
- Appeal: Rogers, adjacent to Springdale, offers attractions like the Walmart Amp and Top Golf, making it a desirable location. Properties such as the "Cozy Cabin by Beaver Lake w/ hot tub & fire pit" are popular for their combination of natural beauty and convenient access to local attractions.
These neighborhoods are favored by guests due to their unique blend of natural beauty, convenient locations, and access to a variety of amenities and activities.
Tips for Furnishing and Designing an Inviting Airbnb in Springdale, Arkansas
Define Your Property's Aesthetic
- Align your design with the local vibe of Springdale, which blends urban and outdoor elements. Consider a mix of modern, rustic, and natural styles to reflect the city's proximity to the Ozark National Forest and its urban attractions.
Focus on Comfort and Functionality
- Ensure that your furniture is both stylish and functional. Guests appreciate comfortable beds, modern kitchens, and well-equipped amenities such as fast Wi-Fi and fully functional kitchens.
Incorporate Local Elements
- Use local art and craftsmanship to enhance the property's appeal and create a unique experience for guests. This can include artwork, rugs, and accessories that reflect the region's culture and natural beauty.
Emphasize Outdoor Spaces
- Given Springdale's pleasant weather, outdoor spaces such as patios or decks are highly valued. Ensure these areas are well-furnished and inviting for guests to enjoy.
Provide Modern Conveniences
- Include amenities like fully equipped kitchens, modern bathrooms, and comfortable communal areas. These features can significantly enhance the guest experience and lead to higher reviews and repeat bookings.
Consider Pet-Friendly Options
- Many travelers prefer to bring their pets along. Incorporating pet-friendly features and amenities can make your property more appealing to a broader range of guests.
Ensure Compliance with Local Regulations
- Make sure your property complies with all local safety and zoning regulations, including requirements for smoke detectors, carbon monoxide detectors, and emergency exit plans.
Reflect the Natural Beauty
- Use natural materials and soft color palettes to complement the surrounding environment. Styles such as modern farmhouse or rustic chic can create a welcoming atmosphere that resonates with the area's natural beauty.
Add Recreational Facilities
- If possible, include recreational facilities like game rooms or outdoor recreational spaces to cater to families and groups looking for leisure activities.
Pay Attention to Details
- Small details such as plush bedding, attractive artwork, and contemporary decor can improve guest satisfaction and encourage positive reviews, leading to increased booking rates.
Discover Springdale, Arkansas: Local Attractions and Insider Tips
Local Attractions
1. Arvest Ballpark
- Catch a Northwest Arkansas Naturals baseball game in this state-of-the-art stadium.
2. Shiloh Museum of Ozark History
- Explore the rich heritage of the Ozark region through historical exhibits and interpretive programs.
3. Arkansas & Missouri Railroad
- Enjoy a scenic ride on a beautifully restored turn-of-the-century passenger car, offering a unique historical experience.
4. Downtown Springdale
- Visit local boutiques, art galleries, and delicious eateries showcasing Arkansas cuisine. Don't miss the vibrant atmosphere and community events.
5. Ozark Highlands Nature Center
- Learn about the flora and fauna of Northwest Arkansas at this 32,000-square-foot facility with trails, pavilions, and interactive exhibits.
6. The Jones Center
- A recreational center offering a year-round ice arena, junior-Olympic size pool, bike park, fitness center, and indoor track. Plans are underway for an expansive outdoor recreation area.
7. Runway Bike Park
- Located next to The Jones Center, this park features a skills course, bicycle playground, and the largest asphalt pump track in North America.
8. Rodeo of the Ozarks
- Attend one of the area's top events held each July, showcasing rodeo skills and local culture.
9. Farmland Adventures
- A fun destination for families with activities such as a corn maze, pumpkin patch, and farm tours.
10. Roller City
- An indoor skating rink with themed skate nights, speed skating competitions, and lessons.
Insider Tips
1. Cultural Events
- Check out the annual celebrations of the Hispanic and Marshallese communities, which add to the city's rich cultural heritage.
2. Outdoor Recreation
- Explore the numerous community parks, sports complexes, and golf courses. Nearby state parks like Devil's Den and Withrow Springs offer hiking, caving, and camping opportunities.
3. Local Cuisine
- Try the world-famous AQ Chicken House, known for its family tradition since 1947. Also, sample authentic Mexican, classic American, Southern-style barbecue, and traditional Marshallese fare.
4. Arts Scene
- Visit local galleries and attend events hosted by The Medium by CACHE and the Downtown Springdale Alliance to experience the city's thriving art scene.
5. Central Location
- Take advantage of Springdale's central location to easily visit other major cities in Northwest Arkansas such as Fayetteville, Bentonville, and Rogers.
6. Historical Sites
- Visit the downtown Springdale Historic District and the native stone barn that served as a stop on the Butterfield Overland Mail Co. Stagecoach route.
By sharing these attractions and tips, you can help your Airbnb guests make the most of their visit to Springdale, Arkansas.
Practical Tips to Run a Successful Short-Term Rental Business in Springdale, Arkansas
To ensure the success and smooth operation of a short-term rental business in Springdale, Arkansas, several practical tips can be implemented:
Noise Regulations and Guest Communication
Inform your guests about quiet hours and noise regulations to maintain a peaceful environment for both the guests and the neighbors. Clearly outline these rules in your digital and physical house manual to avoid any misunderstandings.
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 helps guests navigate the property easily and reduces the need for frequent host interventions.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the smart lock and any other relevant entry points.
Parking Instructions
Include detailed parking instructions in your house manual, accompanied by photos to help guests identify designated parking areas. This ensures that guests park correctly, avoiding potential issues with neighbors or local authorities.
By implementing these strategies, you can enhance the guest experience, reduce potential conflicts, and maintain compliance with local regulations, ultimately contributing to the success of your short-term rental business in Springdale, Arkansas.
Here is a brief list of house cleaning providers in Springdale, Arkansas:
House Cleaning Providers in Springdale, AR
Molly Maid of Northwest Arkansas
- Offers comprehensive professional cleaning services, including regular, occasional, move-in, move-out, apartment & condo, special event, and one-time cleaning services. Customizable cleaning plans and fully insured staff.
MaidPro
- Provides weekly, bi-weekly, or one-time house cleaning services, tailored to the customer's needs.
Various Providers Listed on Angi
- A list of top-rated house cleaners in Springdale, AR, based on customer reviews and ratings.
Various Providers Listed on Thumbtack
- A definitive list of house cleaning services in Springdale, AR, rated by the local community.
Note that there are no specific repair or maintenance providers mentioned in the sources provided, only house cleaning services.
Short-Term Rental Management Fees in Springdale, Arkansas: A Breakdown
In Springdale, Arkansas, managing a short-term rental property 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 companies, which handle comprehensive tasks such as guest communication, marketing, booking management, cleaning, and maintenance, usually charge fees on the higher end of this spectrum, often starting at 15% to 25% of the revenue.
Basic or half-service management, which may only include some of these services, can be less expensive, starting as low as 10% of the revenue. Additionally, hosts may incur extra fees for services like cleaning, repairs, or design enhancements, which are often billed separately. Understanding these fee structures is crucial for hosts to navigate the local market effectively and maximize their rental income.