Richardson, Texas Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Richardson 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.
City Code of Ordinances
Short-term rentals are unregulated in Richardson. The City of Richardson is not allowed to prohibit short-term rentals but can regulate them under local regulations. Before the conclusion of the fiscal year, city staff is expected to bring back an ordinance for council consideration. Ordinances and Zoning are subject to changes and should always be confirmed with the City of Richardson.Business License Requirements
Richardson doesn’t have any regulations pertaining to registering short-term rentals as of now. If applicable, apply for all State and County licenses.Building and Housing Standards
Richardson has rules and regulations that specify minimum building, design, maintenance standards, habitability, health, and safety requirements. Some rules and regulations that apply to residential and non-residential properties may apply to your listing. Please consult the Richardson Code of Ordinances.Tourist and Local Taxes
Short-term rentals might also be subjected to the state and county sales tax and are liable for payment as established by state and county law.Other Rules
It is also essential to understand and abide by other contracts or rules that bind you, such as leases, condo boards, co-op rules, HOA rules, or rules established by tenant organizations. Please read your lease agreement and check with your landlord if applicable. Visit the City of Richardson for more information.Is something not quite right? Registered users can suggest changes to this guide.
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Short Term City Rating7.0
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Competition
5.3 -
Real Estate Cost
5.7 -
STR Regulations
10.0 -
Seasonality
8.7 -
Rental Rates
5.0
Richardson, Texas 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
- 119,469
- STR License Required
- No
- Tourist Season
- June to October
- County
- Dallas
- Airports
- Addison Airport (ADS)
- Dallas Love Field (DAL)
Want to learn more about Richardson?
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 Richardson rental analytics guide if you're interested in data on the Richardson rental market.
Review the popular activities that hosts include in their property positing in Richardson.
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 Richardson guests.
Interested in other Texas cities?
Check out the Texas Airbnb rules directory
What makes Richardson a great place to invest?
- Tech-savvy hub: Often dubbed the "Telecom Corridor," Richardson is home to the University of Texas at Dallas and numerous tech giants, making it an exciting destination for science and technology enthusiasts. Visit the university for engaging lectures or explore innovative start-ups changing the face of the tech landscape.
- Cottonwood Art Festival: Held biannually in the picturesque Cottonwood Park, this vibrant festival showcases the works of over 200 talented artists. Immerse yourself in a world of creativity, live music, and interactive art displays while sampling delicious food from local vendors.
- Galatyn Woodland Preserve: Explore 289 acres of lush forests, wildflower meadows, and tranquil ponds in this stunning natural oasis. The Galatyn Woodland Preserve is perfect for hiking, birdwatching, or simply escaping the urban bustle to reconnect with nature.
- Culinary delights: Indulge your taste buds with Richardson's diverse dining scene, featuring a wide array of international cuisines. Savor mouthwatering BBQ, authentic Thai, and everything in between while sipping craft beers from local breweries.
- Eisemann Center for Performing Arts: Enjoy world-class entertainment at this state-of-the-art venue, hosting a wide variety of performances, from Broadway shows to ballets and symphony orchestras. The Eisemann Center is a testament to Richardson's commitment to arts and culture.
- Adventure Landing: Unleash your inner child at this family-friendly amusement park, featuring mini-golf, go-karts, laser tag, and an impressive arcade. Adventure Landing promises a fun-filled day for visitors of all ages, making it the perfect stop for creating unforgettable memories.
Richardson Nearby Cities
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8 miles away
- Rating: 5.7
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9 miles away
- Rating: 6.6
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Local Real Estate
How expensive is the real estate in Richardson?
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 Richardson has increased 3% over the past year, and the average price per square foot is $230, which is lower than the national average.
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Median Sale Price
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$504,081
3% YoY
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Median per Square Foot
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$230
-2% YoY
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Average Monthly Rent
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$1,780
-1% YoY
Local Short-Term Rental News for Richardson
The most common terms hosts include in their listings for Richardson, Texas
Common terms for Richardson 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 Richardson has a description approximately 1,383 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 2,598 listings in Richardson, 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 Pool, Dallas, Place, Spacious, Perfect, Relax, Family, Feel, Comfortable, and Backyard.
What are the most popular tourist activities in Richardson?
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 Richardson involve going to the City Centre, Museums, Swimming, Outlet Shopping, and the Health Spa. 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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Museums
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Swimming
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Outlet Shopping
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Health Spa
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Adventure Activities
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Water Parks
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Zoo
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Cycling
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Theme Parks
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Antiquing
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Hiking
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Richardson, including Galleria Dallas, Galleria Dallas, University of Texas at Dallas, University of Texas at Dallas, and NorthPark Center. 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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Well Known Attraction
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University of Texas at Dallas
Included on 57% of listings
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Well Known Attraction
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Galleria Dallas
Included on 56% of listings
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Regional Landmark
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NorthPark Center
Included on 50% of listings
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Regional Landmark
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Southern Methodist University
Included on 46% of listings
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Local Landmark
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White Rock Lake
Included on 44% of listings
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Regional Landmark
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The Shops at Legacy
Included on 43% of listings
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Regional Landmark
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Dallas Arboretum and Botanical Garden
Included on 42% of listings
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Well Known Attraction
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University of Texas at Dallas
Included on 41% of listings
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Well Known Attraction
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Galleria Dallas
Included on 41% of listings
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Regional Landmark
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Lake Ray Hubbard
Included on 38% of listings
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Regional Landmark
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Medical City Hospital
Included on 38% of listings
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Regional Landmark
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Baylor Scott & White The Heart Hospital
Included on 36% of listings
What’s the weather like in Richardson, Texas?
The weather is generally warmer than the national average, with an average high temperature of around 76°, while the average low is about 58°. The rainfall is a bit heavier, averaging about 33 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 Richardson 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
40° Low 58° High
Spring
March through May
57° Low 76° High
Summer
June through August
75° Low 93° High
Fall
September through November
58° Low 77° High
Cities Near Richardson
Richardson, Texas, is located in Dallas County. Some cities that are located nearby include:
