Is Airbnb legal in Richmond?

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Richmond, United States Airbnb Rules & Regulations

Last updated on: 19th September, 2024

Don’t worry, Airbnb is legal in Richmond!
Here are some statistics! As of 19th September, 2024, there are 1,022 listings available in Richmond from Airbnb alone. Out of 1,022 listings, 10% of listings have short-term rental licenses. Most listings are operating without official license. It means short-term rental regulation isn't strictly enforced in Richmond.
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Map
Occupancy Rate

67%

$127

Daily Rate

$31K

Revenue (2023)

1,022

Number of Listings

Short-term Rental Regulation & Rules in Richmond

In Richmond, Virginia, the regulations governing Airbnb and other short-term rentals (STRs) are established by the city to ensure compliance and accountability. Here’s a brief overview of the key regulations:

  1. Short-Term Rental Permit: Hosts must obtain a Short-Term Rental Permit from the city, which costs $300 and is valid for two years.

  2. Eligibility: The operator must be the property owner, and the rental must be located on the property owner’s primary residence.

  3. Rental Limits: Only one short-term rental is permitted on a residential lot, while multifamily buildings may allow up to 10 units or one-third of the total units, whichever is less.

  4. Occupancy Restrictions: Each rental can accommodate up to eight adults, with no limit on children.

  5. Safety Requirements: Properties must comply with safety codes, including the installation of smoke detectors, carbon monoxide detectors, and fire extinguishers.

  6. Advertising: The STR Permit number must be posted in all advertisements for the rental property.

  7. Regulation Compliance: Hosts are encouraged to understand and adhere to any local leases, HOA rules, or contracts that may affect their rental.

  8. Reporting Violations: Zoning violations, such as operating without a permit, can be reported to city authorities, which may result in penalties.

  9. Events and Gatherings: Hosting non-registered events or gatherings is prohibited at STRs.

This regulatory framework aims to maintain neighborhood quality and safety while allowing residents to benefit from hosting. For more detailed information, residents are encouraged to consult the city's Zoning Administration Division or its official STR webpage.

Airbnb Statistics in Richmond! 🚀

Currently, there are 1022 Airbnb listings in Richmond. The Average Occupancy Rate in Richmond is 67% and the average daily rate is $127. According to vacation rental market data source Airbtics, average revenue in Richmond is up to $31,163 each year.
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