In Topeka, Kansas, short-term rentals are thriving, offering a wide range of fully furnished and convenient options with excellent amenities, flexible booking terms, and positive guest reviews, making them an attractive choice for both travelers and digital nomads.
Thriving Short-Term Rentals in Topeka, Kansas: A Profitable Venture
Topeka, Kansas, is experiencing a robust short-term rental market, making it an attractive investment opportunity. As of the latest data, short-term rental listings in Topeka boast a median occupancy rate of 61%, indicating strong demand and a stable market. With an average daily rate of $103, hosts are generating significant revenue, averaging around $23,000 annually per listing. The lenient regulations in Topeka further facilitate the ease of operating short-term rentals, making it a highly profitable and stable investment in the real estate sector. This positive trend is highlighted by the peak month of July, which sees the highest occupancy and revenue, underscoring the potential for consistent and lucrative returns.
Short-Term Rental Regulations in Topeka, Kansas for 2024
Licensing and Permit Requirements
- To operate a short-term rental, hosts must obtain a special use permit from the City of Topeka. The permit is valid for two years and may be renewed upon compliance with the requirements and payment of a fee.
Types of Short-Term Rentals
- Type 1: Owner-occupied properties with no more than five bedrooms. The owner must reside at the address for at least 182 days in a year.
- Type 2: Non-owner occupied properties with no more than five bedrooms.
- Type 3: Any property with six or more bedrooms.
Parking Requirements
- Short-term rentals must provide one parking space for the primary resident and one space for every two guests. Up to three on-street parking spaces can be used if the property has at least 22 feet of unobstructed street frontage.
Property Use and Appearance
- The exterior of the dwelling and premises must outwardly remain and appear to be a residential dwelling, giving no appearance of a business use.
- Individual guestrooms shall not contain cooking facilities.
- No use for weddings, receptions, large parties, business meetings, or similar activities.
Signage and Retail Sales
- Signage must comply with the sign regulations applicable to residential uses. A separate sign permit may be required.
- Only retail sales clearly incidental and subordinate to the primary use of the premises as a short-term residential rental establishment are permitted.
Safety and Health Standards
- Properties must comply with all relevant building, fire, health, and safety codes. This includes having smoke and carbon monoxide detectors, properly maintained fire extinguishers, clearly marked emergency escape routes, and adequate lighting.
Trash and Recycling
- Trash and recycling receptacles must be of sufficient size and number to accommodate all refuse generated by the owner and the guests.
Application and Inspection Process
- Applications for short-term rentals are done through the City of Topeka's online Application Portal. This includes scheduling a pre-application meeting, submitting a completed application form, paying the required fee, providing an affidavit of ownership and title report, and passing a home inspection.
Enforcement and Penalties
- Topeka strictly enforces short-term rental regulations. Unpermitted hosts face violation notices and fines. Compliance with local regulations is essential to avoid potential fines, penalties, or legal issues.
Top Neighborhoods for Airbnb Revenue in Topeka, Kansas
1. College Hill District
- Appeal: This neighborhood is highly rated for its proximity to Washburn University, numerous restaurants, music venues, cafes, and bars. Guests appreciate the vibrant atmosphere and the convenience of walking to many local attractions.
2. Historic Oakland Neighborhood
- Appeal: Located conveniently close to downtown Topeka, the Capitol, and three major hospitals, this neighborhood offers a mix of historic charm and modern amenities. Guests enjoy the separate entrances, off-street parking, and the cozy, well-decorated apartments available here.
3. Neighborhoods near Washburn University and VA
- Appeal: These areas are popular due to their central location, with many rentals within walking distance to Washburn University, the VA, and several hospitals. Guests also appreciate the close proximity to various dining options and shopping centers.
4. Capital City Central Neighborhoods
- Appeal: These neighborhoods are praised for their quiet and safe environment, with homes that are centrally located, allowing guests to reach most parts of the city within 15 minutes. Amenities such as fully stocked kitchens, private decks, and free washer/dryer facilities are also highly valued.
5. Lake Sherwood and Surrounding Areas
- Appeal: Known for its natural scenery and comfortable settings, this area attracts families and larger groups. Guests enjoy the fenced yards, spacious living areas, and the opportunity to observe local wildlife, making it an ideal choice for those seeking a relaxing stay.
These neighborhoods are appealing due to their combination of central locations, amenities, and the overall comfort and convenience they offer to guests.
Furnishing and Design Tips for an Inviting Airbnb in Topeka, Kansas
Measuring and Layout
- Start by measuring your rooms to determine the best layout, ensuring there is plenty of space to move around and that natural light sources are not blocked.
Furniture Selection
- Choose timeless, sturdy pieces that fit your theme. Opt for solid beds with easy-to-clean surfaces and consider storage beds for extra space.
- Select sofas with washable covers, as they are easier to maintain. Avoid real and faux leather as they are tough to maintain.
- Use high-quality, durable towels in neutral colors that can be bleached, and provide ample storage for guests' toiletries and personal items.
Dining and Kitchen Essentials
- Use a tough and resistant dining table that can be dressed up with tablecloths, runners, and decorative items. Choose comfy, lightweight chairs that are easy to move around.
- Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Include basic cookware, utensils, and dinnerware, as well as items like a cutting board and measuring cups.
Comfort and Convenience
- Ensure there is good lighting and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger spaces.
- Provide a hairdryer, basic toiletries, and a first-aid kit to enhance guest comfort.
Local Charm and Aesthetics
- Reflect Topeka's unique style by incorporating local charm into your decor. Consider a mix of modern functionality with local and vintage elements, similar to the eclectic and artistic vibe found in Lawrence, KS.
- Add plants to liven up the space and use mirrors to make the area feel bigger and brighter.
Accessibility and Safety
- Ensure your Airbnb is accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.
- Install smoke detectors, carbon monoxide detectors, and a first aid kit for safety.
Smart Storage and Versatile Furniture
- Use smart storage solutions like beds with drawers, wall hooks, and stackable containers to keep the space tidy. Opt for space-saving furniture with big functionality, such as sofa beds and folding tables.
Work and Relaxation Areas
- Provide a sturdy desk and comfy chair for guests who need to work, along with good lighting and easy access to power outlets.
- Create inviting outdoor spaces for socializing or relaxation, such as a back deck or patio.
Neighborhood Considerations
- Choose neighborhoods that are centrally located and close to local attractions, such as the Washburn University campus or downtown Topeka, to enhance the appeal of your Airbnb.
Discover Topeka, Kansas: Local Attractions and Insider Tips
Local Attractions
Historical Sites
- Brown v. Board of Education National Historic Site: Learn about the pivotal Civil Rights case that led to the desegregation of public schools.
- Kansas State Capitol: Marvel at the spectacular murals and architectural features of one of the most beautiful capitols in the United States.
- Equality House: A significant landmark for the LGBTQ+ community and a symbol of equality.
Family Fun
- Gage Park: Enjoy a vintage carousel, a mile-long mini-train ride, and various family-friendly activities since 1899.
- Kansas Children's Discovery Center: Interactive exhibits with unique indoor and outdoor play stations.
- Topeka Zoo: Located within Gage Park, offering a variety of animal exhibits.
Arts & Culture
- NOTO Arts & Entertainment District: Explore murals, galleries, and a vibrant arts scene.
- Alice C. Sabatini Art Gallery at Topeka & Shawnee County Public Library: A diverse collection of art and rotating exhibits.
Outdoor Activities
- Historic Old Prairie Town at Ward-Meade Park: Step into the life of a prairie pioneer.
- Lake Shawnee: A scenic spot for outdoor recreation and relaxation.
Unique Experiences
- Evel Knievel Museum: Learn about the life and feats of the famous daredevil.
- Heartland Park Topeka: Experience dirt and drag racing for an adrenaline-packed day.
Insider Tips
Dining
- Local Favorites + Diners, Drive-ins and Dives: Topeka has a flourishing foodie scene with a variety of local eateries and unique dining experiences.
Events
- Topeka365 Events Calendar: Check out the latest events, festivals, and activities happening in Topeka to plan your guests' itinerary.
Community
- Downtown Topeka: Explore the entertainment venues, shops, and the warm, inviting community of Topeka.
Additional Tips
- Free Admission: Many attractions in Topeka offer free admission, making it a budget-friendly destination.
- Guided Tours: Recommend guided tours to help guests discover the most popular sites and hidden gems of Topeka.
By sharing these local attractions and insider tips, you can enhance your guests' experience and ensure they make the most of their visit to Topeka, Kansas.
Practical Tips to Run a Successful Short Term Rental Business in Topeka, Kansas
To ensure the success and smooth operation of a short-term rental business in Topeka, Kansas, 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. Including this information in your digital and physical house manual helps set clear expectations.
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 cover everything from how to use appliances to emergency contact details, ensuring guests have a seamless stay.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. This not only enhances guest convenience but also reduces the administrative burden on hosts.
Clear Parking Instructions
Provide clear parking instructions, accompanied by photos, to help guests understand where and how to park. This is particularly important given Topeka's specific parking requirements for short-term rentals, such as one parking space for the primary resident and one space for every two guests.
By implementing these tips, you can enhance the guest experience, reduce potential issues, and ensure your short-term rental business in Topeka operates efficiently and compliantly with local regulations.
Here is a brief list of house cleaning providers in Topeka, Kansas:
House Cleaning Services in Topeka, Kansas
Jen's House & Commercial Cleaning
- Offers weekly, bi-weekly, monthly, and single-day cleaning services.
- Provides a 65-point cleaning checklist and specializes in carpet cleaning, rental make-ready, and real estate detailing.
- Contact: 785-286-2463 (Topeka), 785-832-2463 (Lawrence), or Toll Free 877-816-2463.
Merry Maids of Topeka
- Offers expert cleaning services with 40 years of experience.
- Provides free estimates.
- Contact: Through their website for more details.
MaidPro Topeka
- Offers customizable and professional house cleaning services.
- Serves Topeka and the surrounding areas.
- Contact: Through their website for more details.
Other Local Providers
- Various other house cleaning services are listed on Care.com, offering a range of affordable options starting at $16.50/hr.
- Search local listings by rates, reviews, experience, and more.
Short-Term Rental Management Fees in Topeka, Kansas: A Guide to Service Levels and Costs
In Topeka, Kansas, the fees for managing short-term rentals, such as those listed on Airbnb or VRBO, can vary significantly depending on the level of service provided. Full-service management, which includes comprehensive tasks like guest communication, marketing, and maintenance, typically ranges from 20% to 30% of the rental revenue. This higher end of the spectrum often includes additional services such as property inspections, emergency hotlines, and financial reporting.
For hosts seeking more basic services, the fees can be lower, often starting around 10% to 15% of the rental income. However, additional fees may apply for specific services like cleaning, repairs, or property design and amenities. It is essential for hosts to carefully review the pricing structures and services offered by different property management companies to ensure they align with their needs and budget.