Airbnb & VRBO Performance in Taneytown Maryland.

RedAwning offers vacation rental property management for busy vacation rental owners and Airbnb hosts. Starts at 10% of revenue.
Schedule a call
Call or text 415-941-5206

Taneytown, Maryland: Airbnb & VRBO Vacation Rental Market Overview

The short-term rental market in Taneytown, Maryland is thriving, with an average occupancy rate of 40% and a robust average nightly rate of $229, indicating a strong and stable demand for vacation rentals in the area.

Market overview

Thriving Short-Term Rental Market in Taneytown, Maryland

Taneytown, Maryland, is experiencing a robust short-term rental market, showcasing strong performance metrics. As of the latest data, short-term rentals in Taneytown boast an impressive 40% occupancy rate, indicating a steady demand for these properties. Additionally, the average daily rate for these rentals stands at $229, reflecting the attractiveness and value of staying in this area. With monthly revenues averaging $21,890, investors and hosts are seeing significant returns, making Taneytown an appealing destination for both travelers and those in the vacation rental business.

Short Term Regulations

Short-Term Rental Regulations in Taneytown, Maryland for 2024

While the specific regulations for Taneytown, Maryland, are not detailed in the provided sources, short-term rental regulations in Maryland generally follow a pattern that can be applied to various localities. Here is a list of common regulations that might apply or be similar in Taneytown, based on state and other local guidelines:

State and Local Requirements

Licensing

  • State-Level License: Obtain a state-level license through the Maryland Short-Term Rental Commission and pay an annual $100 licensing fee.
  • Local License: Secure any required local licenses or permits, which can vary by location and property type.

Primary Residence

  • Primary Residence Requirement: In some counties, the rental property must be the host's primary residence to be eligible for short-term rental.

Hosting Limits

  • Hosting Days Limit: Limits on the number of days per year that a property can be rented, e.g., 180 days for owner-occupied rentals and 90 days for non-owner-occupied rentals in some areas.

Safety and Habitability

  • Safety Standards: Comply with all applicable building, fire, health, and safety codes. Ensure smoke detectors, carbon monoxide detectors, and fire extinguishers are installed and maintained.

Insurance

  • Commercial Liability Insurance: Maintain at least $1,000,000 in commercial liability insurance coverage.

Taxes

  • State and Local Taxes: Collect and remit state and local taxes, including a 6% state sales tax on short-term rentals of 88 nights or less.

Neighbor Notification

  • Neighbor Notification: Notify neighbors as part of the approval and community acceptance process, especially in areas like Prince George's County.

Property Management

  • Owner or Manager Proximity: Ensure the owner or manager lives within a reasonable distance (e.g., one-hour drive) to ensure responsiveness.

Inspections

  • Initial and Annual Inspections: Undergo initial and annual occupancy inspections to ensure compliance with regulations.

Fees and Taxes

  • Lodging Tax: Collect and remit any local lodging taxes, such as the 0.5 cent lodging tax in Maryland Heights.

Signage and Parking

  • Prohibition on Signage: No signage is allowed for short-term rentals in some areas.
  • Parking Control: Adhere to specific parking control requirements.

Occupancy Limits

  • Occupant Limits: Limit the number of occupants allowed in the rental property.

Enforcement

  • Enforcement Mechanisms: Be aware of enforcement mechanisms, including the process for revoking permits for noncompliance.

Additional Considerations

  • HOA or Condo Association Rules: Comply with any restrictions set by homeowners associations (HOAs) or condo associations.
  • Local Zoning Laws: Ensure compliance with local zoning laws and regulations.

For the most accurate and up-to-date information specific to Taneytown, it is advisable to contact the local government or relevant municipal department.

Neighborhood Performance

Top Airbnb Revenue-Generating Neighborhoods in Taneytown, Maryland

While specific neighborhood data for Taneytown, MD, is not extensively detailed in the sources, we can infer some insights from the available data on Taneytown as a whole and generalize the appeal of the area.

Taneytown, MD - General Overview

Why It's Appealing:

  • Historical Charm: Taneytown is known for its historic downtown area and rich history, attracting guests interested in exploring local heritage.
  • Outdoor Activities: The town's proximity to natural attractions and outdoor recreational opportunities makes it appealing for nature lovers and families.
  • Strategic Location: Located near larger cities like Baltimore and Washington D.C., Taneytown offers a quieter alternative with easy access to urban amenities.

Revenue Insights:

  • Market Occupancy Rates: The overall occupancy rate in Taneytown is around 58.3% for some listings, indicating a moderate demand for short-term rentals.
  • Average Daily Rates: The average daily rate varies, but for some listings, it is around $18, generating an annual revenue of approximately $22,049.

Neighborhood Appeal:

Since specific neighborhood data is limited, here are some general reasons why Taneytown as a whole is appealing to guests:

1. Historic District

  • Guests are drawn to the historic charm and the opportunity to stay in or near historic buildings.
  • The area's preservation efforts and local events add to its appeal.

2. Residential Areas

  • Quiet, family-friendly neighborhoods offer a peaceful stay away from the hustle and bustle of city life.
  • Proximity to local parks and recreational facilities makes these areas attractive for families.

3. Rural and Farmhouse Areas

  • For those seeking a rural getaway, the surrounding countryside offers a serene and natural environment.
  • Farmhouse stays and rural retreats are popular among guests looking for a unique experience.

While the sources do not provide a detailed breakdown by neighborhood, the overall appeal of Taneytown's historic, natural, and residential areas makes it an attractive destination for Airbnb guests.

Meet with a revenue advisor
Design Tips

Furnishing and Design Tips for an Airbnb in Taneytown, Maryland

Embrace Local History and Architecture

  • Incorporate elements of Taneytown's historic architectural styles, such as Greek Revival, Gothic Revival, and Arts and Crafts, into your design. Use features like decorative sawtooth brick patterns, limestone window arches, and ornamental Dutch parapets to reflect the town's heritage.

Use Traditional Materials and Colors

  • Choose materials like red brick, gray limestone, and local woods to maintain the authentic feel of Taneytown’s historic buildings. Select a color palette that includes earthy tones and classic colors common in the late 19th century.

Preserve Original Details

  • If your Airbnb is located in a historic building, preserve original features such as double-hung sash windows, door graining, and fireplace mantels. These elements add character and authenticity to the space.

Incorporate Local Crafts and Artifacts

  • Decorate with local crafts and artifacts that reflect Taneytown’s history. This could include antique furniture, grandfather clocks (like those made by Eli Bentley), and other historical items that tell the story of the town.

Create Cozy and Inviting Spaces

  • Design cozy living areas with comfortable seating and warm lighting, reminiscent of the community-oriented spirit of Taneytown. Use plush furnishings and soft textiles to make guests feel at home.

Highlight the Natural Surroundings

  • Taneytown is nestled in rolling farmlands and near nature areas. Bring the outdoors in by using natural elements in your decor, such as botanical prints, and provide information on local walking trails and parks for guests to explore.

Respect the Community's Charm

  • Maintain the small-town charm by keeping the decor simple yet elegant. Avoid overly modern or flashy elements that might disrupt the quaint atmosphere of Taneytown. Opt for a leisurely and welcoming ambiance that aligns with the town's character.

Add Personal Touches

  • Include personal touches such as local artwork, historical photographs, and stories about the town’s history and notable residents. This will help guests connect with the community and feel more at home.

Ensure Functionality and Comfort

  • Balance historical charm with modern comforts. Ensure that the space is functional and comfortable for guests, with amenities such as Wi-Fi, comfortable bedding, and well-equipped kitchens, while still maintaining the historic aesthetic.
Insider Tips

Discover Taneytown, Maryland: Local Attractions and Insider Tips

Local Attractions

Historic Downtown Taneytown

  • Explore the historic downtown district, featuring a diverse mix of businesses, rich heritage, and quaint architecture. Don't miss the Historical Museum and self-guided or guided walking tours.

Antrim 1844 Country Inn

  • Visit this internationally recognized bed and breakfast, built in 1844 and listed on the National Register of Historic Places. Enjoy the Formal English Tea Rose Garden, meticulously maintained flower beds, and the historic mansion's grounds.

Gardens & Walking Trails

  • Stroll through Antrim 1844’s gardens and trails, including the Formal English Tea Rose Garden and the nearby Roberts Mill Park with its duck pond and walking trail. Also, explore the developing Bollinger Park with its dedicated trails and pollinator garden.

Bike Tours & Trails

  • Experience Gettysburg Bike Tours to explore the historical sites of Gettysburg. Alternatively, use the Carroll County biking trails, with two loops in Taneytown, and rent bikes from local shops.

Gettysburg National Military Park

  • Visit this significant Civil War site, known for the Battle of Gettysburg and the inspiration for President Abraham Lincoln’s “Gettysburg Address”.

Ski Liberty

  • Enjoy skiing, snowboarding, and snow tubing at Ski Liberty, offering trails for all experience levels and equipment rentals.

Local Wineries and Breweries

  • Discover local flavors at The Wine Cellar at Antrim 1844, Black Ankle Vineyards, and various breweries such as Brewery Fire and The Pickwick Pub at Antrim 1844.

Insider Tips

Dining

  • Grab a bite to eat at one of the downtown restaurants, offering a variety of cuisines to suit different tastes.

Outdoor Activities

  • Take advantage of the seasonal pool at Antrim 1844 for a relaxing afternoon. Also, enjoy croquet, horseshoes, tennis, and volleyball on the resort's grounds.

Nearby Attractions

  • Consider day trips to Gettysburg, PA, Washington DC, Baltimore's Inner Harbor, and the National Shrine of Mother Seton.

Local Events

  • Check the local event calendar for festivals, farmers markets, and other community events that might be happening during your stay.

Nature and Hiking

  • Explore Carroll County’s public hiking trails, which offer accessible routes for all skill levels. Visit local parks like Roberts Mill Park and the upcoming Bollinger Park for more nature walks and trails.

By sharing these attractions and tips, you can enhance your guests' experience and help them make the most of their visit to Taneytown, Maryland.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Taneytown, Maryland

To ensure a smooth and enjoyable experience for both hosts and guests in Taneytown, Maryland, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about local noise regulations and quiet hours to maintain a peaceful environment for both the guests and the neighbors. Include this information in your listing and in a welcome message to set clear expectations.

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 likelihood of misunderstandings.

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 include photos to help guests locate the lock and understand the entry process.

Parking Instructions

Offer detailed parking instructions, accompanied by photos, to guide guests to the designated parking areas. This helps prevent confusion and ensures that guests park in the correct spots, respecting local regulations and neighboring properties.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Taneytown, Maryland.

Local Vendors

Here is a brief list of house cleaning services in Taneytown, Maryland:

House Cleaning Services

  • MaidPro: Offers weekly, bi-weekly, or one-time house cleaning services tailored to your needs.
  • Care.com House Cleaning Services: Provides a list of 10 affordable house cleaning options with varying rates, reviews, and experience.
  • Angie's List House Cleaners: Features top-rated house cleaners in Taneytown with real reviews and ratings.
  • BBB Accredited Cleaning Services: Lists cleaning services near Taneytown that are accredited by the Better Business Bureau, including customer reviews and ratings.
  • Homeaglow Maid Services: Offers professional, affordable, and background-checked maid services, with the option to book a 3-hour clean starting at $19.

Note

There are no specific repair or maintenance providers listed in the sources provided, as they primarily focus on house cleaning services.

Management fees

Short-Term Rental Management Fees in Taneytown, Maryland

In Taneytown, Maryland, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as 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. In contrast, basic services that may only include lease administration or minimal support can cost less, usually around 10% to 15%. Additionally, property owners may incur extra fees for services like cleaning, repairs, or interior design and furnishing, which can further impact the overall cost of managing their short-term rentals.

Meet with an advisor

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

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Taneytown.

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)
Unlock your home’s potential
Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.
Schedule a call

⇤ Airbnb Statistics for Maryland