Airbnb Rules in Savannah
Are you looking to invest in an Airbnb property in Georgia? If you have chosen Savannah in particular, then you’re on the right track.
There’s no doubt that the cities in Georgia including Batumi, Tbilisi, and Atlanta are recognized to generate thousands of dollars and have promising occupancy rates by city. An interesting fact is that Savannah also offers various investment opportunities that one should not miss out on.
Continue reading to learn more about Airbnb rules in Savannah and check out the profitability in this city.
Is Airbnb legal in Savannah?
Let’s cut the story short: Yes, Airbnb is certainly legal in Savannah. With more than 14.8 million visitors annually, this city is famous for attractions including Forsyth Park, Savannah Historic District, The Old Pink House, and a lot more.
Here is a little proof! As of July 2022, there are 29,717 nights available in Savannah from Airbnb alone. Lucky Savannah manages 207 listings, while Southern Belle and Mary operate 152 and 60 respectively.
How much can I make by running an Airbnb in Savannah?
Currently, there are 1,387 Airbnb listings in Savannah, with 81% of entire houses earning up to $5,332 a month. The Average Occupancy Rate in Savannah is 77% and the average daily rate is $188. According to short-term rentals analytics source Airbtics, a 2-bedroom apartment in Savannah can make up to $84,877 each year. Check out our Short-Term Rental Estimator!
What Are The Short-term Rental Accommodation Policies in Savannah?
- It is required to secure an STVR certificate in the city
- STVRs are permitted within the short-term vacation rental overlay district, which includes the Downtown, Victorian and Streetcar local historic districts. Outside of this overlay, they are only permitted in certain Business and Agriculture zoning classifications (B-C, B-N, B-L and A-1).
- A separate application must be obtained for each property used as a STVR.
- The zoning conditions for short-term rentals in Savannah are: 1. No more than 2 adults per bedroom plus 2 adults for each rental unit 2. No change to the outside appearance of the dwelling unit or premises 3. Parking – Studio-up to 3 bedrooms: The requirement for the type of dwelling unit, 4+ bedrooms: The requirement for the type of dwelling unit, plus 1 space for every 2 additional bedrooms.
- For properties rented for 90-days or less, hotel/motel taxes must be remitted on the first 30 days of the rental.
