Lafayette, Louisiana Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Lafayette Short-Term Rental Regulations
Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.
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Short Term City Rating7.3
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Competition
7.8 -
Real Estate Cost
9.3 -
STR Regulations
N/A -
Seasonality
9.5 -
Rental Rates
2.6
Lafayette, Louisiana Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 121,374
- STR License Required
- No
- Tourist Season
- County
- Lafayette
- Airports
- Lafayette Regional Airport (LFT)
- Baton Rouge Metropolitan Airport (BTR)
Want to learn more about Lafayette?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Lafayette rental analytics guide if you're interested in data on the Lafayette rental market.
Review the popular activities that hosts include in their property positing in Lafayette.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Lafayette guests.
Interested in other Louisiana cities?
Check out the Louisiana short term rental regulations directory
What makes Lafayette a great place to invest?
- Rich Cajun and Creole Culture: Immerse yourself in the vibrant Cajun and Creole cultures unique to Lafayette, Louisiana. From traditional food to lively music and dance, this welcoming city offers an authentic taste of Southern hospitality that you won't find anywhere else.
- Acadian Village: Step back in time at Acadian Village, an open-air museum that showcases 19th-century Louisiana life. Wander through beautifully preserved homes, churches, and shops while learning about the history of the Acadian people who settled in the region.
- Vermilionville Historic Village: Another must-visit attraction, Vermilionville Historic Village is a living history museum dedicated to preserving and promoting the area's rich heritage. Explore reconstructed homes, watch skilled artisans demonstrate traditional crafts, and attend cultural events and workshops throughout the year.
- Festivals Galore: Lafayette's calendar is packed with festivals celebrating its diverse culture, including Festival International de Louisiane, the largest international music and arts festival in the United States, and Festivals Acadiens et Créoles, a tribute to the area's unique music, food, and crafts.
- Evangeline State Park: Discover the beauty of Louisiana's landscape at Evangeline State Park. With moss-draped oak trees, serene bayous, and a range of wildlife, this park is perfect for hiking, picnicking, and immersing yourself in the area's natural splendor.
Lafayette Nearby Cities
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38 miles away
- Rating: 7.8
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51 miles away
- Rating: 6.4
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Local Real Estate
How expensive is the real estate in Lafayette?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Lafayette has decreased -2% over the past year, and the average price per square foot is $125, which is lower than the national average.
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Median Sale Price
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$208,718
-2% YoY
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Median per Square Foot
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$125
-4% YoY
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Average Monthly Rent
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$1,192
4% YoY
The most common terms hosts include in their listings for Lafayette, Louisiana
Common terms for Lafayette short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Lafayette has a description approximately 1,086 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 681 listings in Lafayette, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Lafayette, Place, Downtown, Downtown Lafayette, Cottage, Perfect, Spacious, Walking, Patio, and Main.
What are the most popular tourist activities in Lafayette?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Lafayette involve going to the City Centre, Antiquing, Museums, the Health Spa, and Cycling. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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City Centre
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Antiquing
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Museums
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Health Spa
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Cycling
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Zoo
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Boating
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Wildlife Viewing
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Adventure Activities
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Kayaking
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Hunting
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Casinos
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Lafayette, including Cajundome, University of Louisiana at Lafayette, Acadian Village, Vermilionville, and Moore Park. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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Cajundome
Included on nearly all listings
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Regional Landmark
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University of Louisiana at Lafayette
Included on nearly all listings
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Local Landmark
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Vermilionville
Included on nearly all listings
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Regional Landmark
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Acadian Village
Included on 88% of listings
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Local Landmark
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Moore Park
Included on 6% of listings
What’s the weather like in Lafayette, Louisiana?
The weather is generally warmer than the national average, with an average high temperature of around 78°, while the average low is about 60°. The rainfall is much heavier, averaging about 55 inches per year, compared to the national average of about 27 inches. Snowfall is scarce, with an average year having no snowfall. The humidity levels in Lafayette are generally muggier than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
46° Low 63° High
Spring
March through May
60° Low 78° High
Summer
June through August
74° Low 90° High
Fall
September through November
61° Low 79° High
Cities Near Lafayette
Lafayette, Louisiana, is located in Lafayette County. Some cities that are located nearby include:
