Airbnb & VRBO Performance in Tyler Texas.

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Tyler, Texas: Airbnb & VRBO Vacation Rental Market Overview

In Tyler, Texas, the short-term rental market is thriving, offering 284 flexible and convenient options with average prices ranging from $809 to $1,553, making it an attractive and stress-free choice for those with high-travel lifestyles or work relocations.

Market overview

Thriving Short-Term Rentals in Tyler, Texas: A Haven for Flexibility and Comfort

Tyler, Texas, is experiencing a robust short-term rental market, catering perfectly to the needs of travelers and professionals with flexible lifestyles. As of the latest data, there are 284 short-term rentals available, offering a range of options from furnished units with amenities like bedroom furniture and cookware, making stays stress-free and convenient. The average price range for these short-term rentals is between $809 and $1,553, providing a competitive and attractive pricing structure. While specific occupancy rates are not detailed, the high demand driven by the city's strong job market, educational institutions, and quality of life suggests strong occupancy potential. This vibrant market presents a lucrative opportunity for both renters and investors, highlighting Tyler's appeal as a desirable and flexible housing destination.

Short Term Regulations

Short-Term Rental Regulations in Tyler, Texas for 2024

Licensing and Registration

  • Hosts must obtain a permit to operate a short-term rental.
  • There is no state or city registration requirement specifically for short-term rentals in Tyler, but hosts must comply with local regulations.

Property Requirements

  • Hosts need to provide proof of ownership or authorization to operate the property as a short-term rental (e.g., deed, lease agreement).
  • A detailed floor plan and site plan of the property must be submitted as part of the application.

Safety and Zoning

  • Hosts must adhere to safety and zoning regulations as outlined by the City of Tyler's Code of Ordinances.
  • Properties must meet specific safety standards, and hosts must provide a list of emergency contacts.

Insurance

  • Hosts are required to obtain and submit proof of liability insurance for the property.

Occupancy and Stay Requirements

  • There is a maximum occupancy limit of two adults per bedroom, plus two additional adults.
  • A minimum stay requirement of two nights is in place.

Guest Information and Compliance

  • Hosts must provide a copy of the City's short-term rental rules to guests.
  • A contact person must be available 24/7 to respond to complaints or emergencies.

Taxes

  • Hosts must pay the state hotel occupancy tax (6% of rental fees).
  • There are no additional local lodging taxes in Tyler.

Compliance and Enforcement

  • The City of Tyler enforces its regulations to ensure compliance with safety and zoning requirements. Non-compliance can result in penalties.

By adhering to these regulations, hosts can ensure a compliant and successful short-term rental business in Tyler, Texas.

Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Tyler, Texas

1. Downtown Rose Capital / Brick Street Area

  • This area is highly appealing due to its central location, walking distance to coffee shops, restaurants, and bars. Rentals like the "Downtown Rose Capital Studio w/ Private Sauna" and "Cindy's Brick Street Treasure" are favorites among guests for their unique amenities and vibrant neighborhood.

2. Azalea District

  • Known for its historic charm and beautiful parks, the Azalea District is a popular choice. Properties such as "The Mustard Seed Cottage" and "The Callahan Cottage" offer proximity to Bergfeld Park, hospitals, and local shopping, making them highly attractive to guests.

3. Green Acres District

  • This family-friendly neighborhood is centrally located near the hospital district and downtown dining. Homes like the one in the "Green Acres District, Sleeps 8, King/Queen" are favored for their updated decor, comfortable amenities, and separate laundry areas.

4. South Tyler’s Premier Business District

  • This area is convenient for guests due to its proximity to shopping, dining, and entertainment. Rentals such as the "Cheerful 2 bedroom duplex" are popular for their newly renovated interiors and fast internet.

5. Historic Charnwood Residential Historic District

  • Located near the Smith County Courthouse, this district offers historic homes like "The Callahan Cottage," which are within walking distance to UT Health and Christus TMF Hospital, making them ideal for medical professionals and families.

Why These Neighborhoods Are Appealing

  • Central Location: Many of these neighborhoods are centrally located, providing easy access to hospitals, colleges, and vibrant downtown areas.
  • Amenities: Guests are drawn to the unique amenities such as private saunas, gourmet kitchens, pickleball courts, and luxurious outdoor spaces.
  • Historic Charm: The historic districts like Azalea and Brick Street offer a charming and nostalgic experience with their well-preserved homes and scenic parks.
  • Proximity to Amenities: These neighborhoods are often close to shopping, dining, and entertainment options, making them convenient for guests.
  • Family-Friendly: Areas like Green Acres District are popular for families due to their family-friendly environment and modern amenities.
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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in Tyler, Texas

Understand Your Budget and Scale

  • Determine your budget for furnishing, which can range from $10 to $15 per square foot, depending on the quality and design of the items.

Choose Quality Over Quantity

  • Avoid buying cheap, generic furniture from places like IKEA and Target. Instead, opt for higher-quality, unique pieces that reflect the local style.

Select Statement Pieces

  • Focus on statement pieces such as couches, coffee tables, credenzas, and dining room tables from premium retailers to define your space.

Incorporate Local and Rustic Elements

  • Use farmhouse style furnishings, vintage decor pieces, and rustic elements to reflect Tyler's unique and cozy ambiance.

Add Plants and Greenery

  • Incorporate plants and greenery to liven up the space and create a welcoming atmosphere.

Utilize Local Aesthetics

  • Incorporate colorful and reflective local ambiance, such as elements that highlight the natural beauty and historical sites of Tyler.

Ensure Functional and Durable Furnishings

  • Choose furnishings that are both functional and durable, considering the high turnover of guests in an Airbnb setting.

Pay Attention to Details

  • Use high-quality linens, pillows, and textiles to enhance the comfort and aesthetic of the space. Consider luxury linens and 100% cotton sheets and towels.

Optimize for Guest Amenities

  • Include amenities that are highly sought after by guests, such as fully equipped kitchens, fast WiFi, washer and dryer, and outdoor spaces like backyards and patios.

Maintain Consistency in Design

  • Ensure that the design and furnishings are consistent throughout the property to create a cohesive and inviting space. Consider the historical and cultural context of Tyler when selecting decor.

Consider Seasonal and Local Themes

  • Tailor your decor to reflect the seasonal events and festivals in Tyler, such as the Texas Rose Festival, to add a unique touch and appeal to guests.
Insider Tips

Discover Tyler, Texas: Local Attractions and Insider Tips for Your Visit

Must-Visit Attractions

Nature and Gardens

  • Tyler Municipal Rose Garden: Explore 14 scenic acres featuring over 32,000 rose bushes and 500 varieties. Free admission seven days a week from dawn until dark.
  • Rose Rudman Recreational Trail: A 4.2-mile path ideal for hiking, jogging, and biking, with playgrounds and picnic spaces along the way.
  • Tyler State Park: Enjoy a 64-acre lake, hiking and mountain biking trails, camping sites, and boat rental services. Located less than 15 miles north of Tyler.

Family-Friendly Fun

  • Caldwell Zoo: Home to over 3,000 animals with custom-built habitats. Offers animal encounters, giraffe feeding, and a petting zoo. Tickets start at $16.50/adult and $12.50/child.
  • Discovery Science Place: An interactive indoor playground with exhibits where kids can learn while playing. Prices start at $10/adult and $8/child.
  • The Children’s Park: A scenic natural area with a walking path, beautiful flowers, small statues, and a stone waterfall.

Museums and Culture

  • Tyler Museum of Art: An educational and cultural center with permanent, rotating, and visiting art collections. General admission starts at $5/adult and is free for kids under 12.
  • Historic Aviation Memorial Museum: Learn about the history of aviation with interactive exhibits. Tickets start at $8/adult, $5/teens, and $4/child.
  • Center for Earth and Space Science Education (CESSE): Features interactive exhibits and a planetarium. Located on the campus of Tyler Junior College and open Tuesday through Saturday.

Historic Sites

  • Bonner-Whitaker McClendon House: A 19th-century Victorian-style home with exhibits on the McClendon family. Tours available on Fridays and Saturdays.
  • Cotton Belt Railroad Depot Museum: A historic railroad depot turned museum, offering insights into the region's railroad history.

Insider Tips

Events and Festivals

  • Texas Rose Festival: Held in mid-October, this festival celebrates the city's rose heritage.
  • Tyler Azalea and Spring Flower Trails: A 10-mile trail featuring azaleas, dogwoods, redbuds, and other spring flowers. Popular in March.
  • Red Dirt BBQ & Music Festival: An annual event in downtown Tyler attracting thousands of visitors.

Local Favorites

  • Liberty Hall: A historic movie theater and entertainment venue hosting classic movies, concerts, magic acts, and stand-up comedy shows.
  • Wings of Tyler: An interactive wall mural in downtown Tyler, perfect for a photo opportunity.

Outdoor Activities

  • Faulkner Park and Lindsey Park: Both offer extensive biking trails, sports facilities, and picnic areas.
  • Tyler Nature Center: An ecological education center with trails and educational programs.

By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Tyler, Texas, and enjoy the city's rich blend of natural beauty, cultural experiences, and family-friendly activities.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Tyler, Texas

To ensure a smooth and successful short-term rental business in Tyler, Texas, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the quiet hours and noise regulations in the area to maintain a peaceful environment for both the guests and the neighbors. Include this information 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 will help guests navigate the property easily and reduce the number of inquiries you receive.

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 guide guests through the process.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests find and use the designated parking areas. This will prevent confusion and potential parking issues, ensuring a hassle-free stay for your guests.

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

Local Vendors

Here is a brief list of house cleaning providers in Tyler, Texas:

House Cleaning Services in Tyler, Texas

Yellow Rose Maids

  • Provides recurring, deep, and move-in/move-out cleaning services.
  • Fully insured and bonded, with a 5-star rated service.
  • Locally owned and serves Tyler, Bullard, Flint, Gresham, Whitehouse, Troup, and Lindale areas.

Christian Cleaning

  • Offers customized cleaning services for homes and businesses.
  • Family-owned and operated for over 25 years, with a Super Service Award from Angie’s List for 13 years.
  • Known for reliable, efficient, and thorough cleaning services.

The Maids

  • Provides 22-Step Cleaning Process, including healthy cleaning services and special cleaning projects.
  • Offers one-time, recurring, and seasonal cleaning services.
  • Partners with Mr. Clean® and serves Tyler, Whitehouse, and Bullard areas.

Maid in East Texas

  • Offers customizable residential and commercial cleaning services, including general maid services, new construction cleanup, and garage cleanout.
  • Locally owned and serves Tyler, Longview, TX, and surrounding areas.
Management fees

Tyler, Texas, Short-Term Rental Management Fees: A Comprehensive Guide

In Tyler, Texas, the fees for managing short-term rentals, such as those listed on Airbnb or VRBO, can vary significantly based on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, typically ranges from 20% to 30% of the rental revenue. This comprehensive approach, offered by companies like GoSummer and PMI Tyler, encompasses a wide array of services including coordinating bookings, responding to inquiries, managing check-in and check-out, overseeing cleaning and inspections, and handling property maintenance.

For hosts who require fewer services, there are more basic packages available that may cost less, often ranging from 10% to 20% of the rental income. Additionally, hosts may incur extra fees for specific services such as cleaning, repairs, or design enhancements. These variable fees allow hosts to tailor the management services to their specific needs and budget, ensuring they can maximize their rental income while complying with local regulations.

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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 Tyler 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
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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 Tyler.

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 Texas