Is Broussard, Louisiana Good for Airbnb Investment?

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Broussard, Louisiana market research

Broussard, Louisiana Airbnb Investment Overview

$800–$2,200,Typical monthly host earnings
8–12%Typical annual ROI
45–55%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Broussard, Louisiana?

Potentially. Broussard, Louisiana combines visitor demand with long-term real estate upside.

  • Presents a niche but potentially promising opportunity.
  • Current market conditions in Broussard are influenced by its suburban setting and proximity to Lafayette, a regional hub.
  • While Broussard itself may not be a primary tourist destination, it can benefit from overflow tourism from Lafayette, particularly during events, festivals.
  • Property values in Broussard are generally more affordable than in larger urban centers, which can lower the initial investment barrier and potentially offer a higher cash-on-cash return.
  • Investment potential largely depends on targeting specific guest demographics, such as visitors to nearby industrial parks, sports events.
  • A successful Airbnb investment in Broussard would likely require strategic marketing to highlight its advantages as a comfortable, accessible base for exploring the wider Lafayette area.
Earnings

How Much Does an Average Airbnb Earn in Broussard?

$800–$2,200, based on location, season, and property quality.

  • Based on available market data and regional analysis, Airbnb properties in Broussard, Louisiana typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,800 per month depending on property size and amenities.
  • Seasonal variations show peak earnings during spring crawfish season and fall festival periods, with revenues increasing approximately 25-40% above baseline during these high-demand months.
  • Properties closer to downtown Lafayette or featuring unique amenities like pools, hot tubs, or Cajun-themed decor command premium rates of $120-180 per night compared to standard listings at $80-120 per night.
  • Key factors affecting earnings include proximity to University of Louisiana Lafayette (driving consistent demand from visiting families and academics), local festival schedules.
  • Occupancy rates typically range from 45-65% annually, with successful hosts maintaining higher occupancy through competitive pricing strategies and exceptional guest experiences that leverage the area's cultural attractions and culinary scene.
ROI Analysis

Airbnb Return on Investment in Broussard

Potentially strong, with a typical annual ROI of 8–12%.

  • Typically generate ROI between 8-12% annually, with payback periods averaging 7-10 years depending on property acquisition costs and renovation expenses.
  • The market benefits from proximity to Lafayette's business district and University of Louisiana, creating steady demand from business travelers and visiting families.
  • Compared to traditional long-term rentals in Broussard that yield approximately 6-8% ROI, short-term rentals can provide 2-4 percentage points higher returns.
  • Properties in established neighborhoods near major corridors like Highway 90 and close to Acadiana attractions tend to perform best, with investors seeing gross rental yields of $1,200-1,800 monthly during peak periods.
Occupancy Rate

Average Airbnb Occupancy Rate in Broussard

Broussard, Louisiana averages 45–55% annual occupancy, with seasonal variation.

  • Airbnb occupancy rates in Broussard, Louisiana typically average around 45-55% annually, with significant seasonal variations that peak during spring crawfish season (March-May) at approximately 65-70% and summer months (June-August) reaching 60-65% due to festival tourism and family vacations.
  • Fall months see moderate occupancy around 50-55%, while winter experiences the lowest rates at 35-45%.
  • Peak demand occurs during major Louisiana festivals, Mardi Gras season, and summer vacation periods when families visit the region for cultural experiences and outdoor activities.
  • Broussard's occupancy rates generally align closely with Louisiana's statewide average of 50-60%, performing slightly better than rural areas due to its proximity to Lafayette and cultural attractions.
  • The city benefits from consistent demand driven by business travelers to the Lafayette area, festival tourism, and visitors exploring Acadiana's cultural heritage.
Best Neighborhoods

Best Neighborhoods for Airbnb in Broussard

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • The most promising Airbnb investment neighborhoods in Broussard include the Historic Downtown area which offers charm and walkability to local restaurants and shops while maintaining affordable property prices.
  • These neighborhoods generally benefit from Broussard's growing population, proximity to Lafayette's economic centers, lower property acquisition costs compared to Lafayette proper.
Regulations

Short-term Rental Regulations in Broussard

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Short-term rental regulations in Broussard, Louisiana require property owners to obtain a business license and register with the city before operating vacation rentals.
  • Occupancy limits are generally restricted to two guests per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on property size and septic system capacity.
  • The city does not currently mandate owner-occupancy requirements, allowing both primary residences and investment properties to operate as short-term rentals.
  • Zoning restrictions permit short-term rentals in residential districts but may require conditional use permits in certain areas.
  • The registration process involves submitting applications with fees ranging from $50-150 annually, along with contact information for a local property manager or responsible party available 24/7 for guest issues.
  • Recent regulatory changes implemented around 2022-2023 have strengthened noise ordinances, established clearer parking requirements, and enhanced enforcement mechanisms for non-compliant properties.
Fees and Taxes

Short-term Rental Fees and Taxes in Broussard

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Broussard, Louisiana are subject to several fees and taxes including Louisiana state sales tax of 4.45%, Lafayette Parish sales tax of approximately 5%.
  • Property owners must pay an annual business license fee of approximately $50-100 to the City of Broussard, along with a short-term rental permit fee of roughly $100-200 annually.
  • Louisiana requires collection of state occupancy tax at 4% on gross rental receipts, while Lafayette Parish may impose additional tourism or occupancy taxes of 2-3%.
  • Registration with the Louisiana Department of Revenue requires no fee but mandates monthly tax filings, and operators must also obtain a Louisiana sales tax license.
  • Fire safety inspections may cost $75-150 annually, and some properties require additional zoning compliance fees of $25-50.
  • Total annual regulatory costs typically range from $300-600 excluding the percentage-based taxes collected from guests.
Common questions

Broussard, Louisiana Airbnb investment FAQs

How to start an Airbnb in Broussard, Louisiana?

To start an Airbnb in Broussard, Louisiana, begin by researching local zoning laws and regulations through the City of Broussard Planning Department, as short term rentals may require special permits or be restricted in certain residential zones.

Launch checklist

  • Contact Lafayette Parish for any parish level requirements and obtain a Louisiana sales tax license from the Department of Revenue since you'll need to collect and remit state and local taxes on bookings.
  • Secure a business license from Broussard City Hall and verify if you need a short term rental permit, which typically costs around $100 to 200 annually.
  • Find a suitable property by purchasing or leasing in areas zoned for short term rentals, focusing on neighborhoods near the Atchafalaya Basin or close to Lafayette for tourist appeal.
  • Furnish the property with essential amenities including quality bedding, kitchen supplies, WiFi, air conditioning (crucial for Louisiana's climate), and local guidebooks highlighting Cajun culture and nearby attractions.
  • Create your Airbnb listing with professional photos showcasing the property's proximity to Cajun cultural sites, swamp tours, and Lafayette's dining scene.
  • Manage the property by establishing cleaning protocols between guests, maintaining responsive communication, providing local recommendations for restaurants like Poche's Market or nearby Vermilionville.
What's the best way to identify good STR properties in Broussard, Louisiana?

To identify profitable short term rental properties in Broussard, Louisiana, focus on locations within 15 to 20 minutes of Lafayette's downtown area, University of Louisiana at Lafayette, and major employers like Schlumberger and CGI, as these drive consistent demand from business travelers and visiting families.

What to prioritize

  • Target 3 to 4 bedroom single family homes or townhomes built after 1990 with modern amenities, full kitchens, dedicated parking, and outdoor spaces, as these appeal to groups visiting for Cajun culture experiences, festivals, and university events.
  • Analyze pricing by researching comparable STRs on Airbnb and VRBO in the $80 to 150 per night range, accounting for seasonal fluctuations during Mardi Gras, Festival International, and football season when rates can increase 30 to 50%.
  • Conduct competition research by identifying the 20 to 30 existing STRs in Broussard and nearby Youngsville, noting their occupancy rates, amenities, and guest reviews to find market gaps.
  • Utilize AirDNA for market analytics, STR Helper for performance tracking, and local resources like the Broussard Economic Development Corporation for area growth projections.
How to get an Airbnb permit in Broussard, Louisiana?

To obtain an Airbnb/STR permit in Broussard, Louisiana, you must first contact the Broussard City Hall at 201 E. 2nd Avenue or call (337) 837 to 6681 to obtain the short term rental application form, as the city implemented STR regulations around 2019 to 2020.

Documents and approvals

  • Submit the completed application along with required documents including a copy of your property deed or lease agreement, homeowner's insurance policy showing liability coverage of at least $1 million, floor plan of the rental unit, parking plan showing adequate off street parking.
  • You must also obtain a business license from the city clerk's office for an additional $50 to 75 fee and ensure your property complies with Broussard's specific requirements including maximum occupancy limits of 2 people per bedroom plus 2 additional guests, quiet hours from 10 PM to 7 AM.
  • The application review process typically takes 30 to 45 days, during which city staff will conduct a property inspection to verify compliance with safety codes, parking requirements, and zoning regulations.
  • Once approved, you'll receive your STR permit which must be renewed annually, and you must also register with the Louisiana Department of Revenue for state tax collection purposes and remit the required 4% state sales tax plus any applicable local taxes.
Is it legal to operate a short-term rental in Broussard, Louisiana?

Short term rentals (STRs) are legal in Broussard, Louisiana, but operate under regulations established by Lafayette Parish and local municipal ordinances as of 2023.

Core operating requirements

  • The city requires STR operators to obtain proper permits and business licenses, comply with zoning restrictions that typically limit STRs in certain residential areas, and adhere to occupancy limits, parking requirements, and noise ordinances.
  • Properties must meet safety standards including smoke detectors, fire extinguishers, and emergency exit signage, while operators are required to collect and remit local occupancy taxes.
  • Recent changes in 2022 to 2023 have included stricter enforcement of existing regulations and enhanced registration requirements, with some residential neighborhoods implementing additional restrictions on the concentration of STRs to preserve community character.
  • The city has been working to balance tourism revenue with resident concerns about neighborhood disruption, resulting in a regulatory framework that allows STRs while maintaining oversight through permitting processes and compliance monitoring.
What are the best places to invest in Airbnb in Broussard, Louisiana?

The best areas for Airbnb investment in Broussard, Louisiana include the historic downtown district near the Broussard City Hall area, which attracts visitors interested in local Cajun culture and serves business travelers visiting local government offices and nearby industrial facilities. The neighborhoods along Highway 90 corridor offer excellent accessibility for guests traveling between Lafayette and New Orleans, making them ideal for both leisure tourists exploring Acadiana region and business professionals working with local oil and gas companies like those in the nearby industrial parks.

Areas to research

  • The residential areas near Broussard Park and the community center provide family friendly accommodations for visitors attending local festivals such as the annual Broussard Boucherie Festival.
  • The neighborhoods surrounding local restaurants and entertainment venues along Highway 182 benefit from food tourism, as visitors come to experience authentic Cajun and Creole cuisine.
Airbnb and lodging taxes in Broussard, Louisiana

In Broussard, Louisiana, Airbnb hosts are subject to multiple lodging and occupancy taxes including the Louisiana state sales tax of 4.45%, Lafayette Parish sales tax of 4%, and a local hotel/motel occupancy tax of approximately 3 to 4% that applies to short term rentals under 30 days.

Taxes and filing responsibilities

  • The City of Broussard may impose an additional municipal occupancy tax of 1 to 2%.
  • These taxes are typically collected by Airbnb directly from guests at the time of booking for the state and parish taxes through their automatic tax collection service.
  • Hosts must register for a Louisiana sales tax permit and may need separate permits for local taxes, with remittance typically due by the 20th of the following month.
  • Exemptions generally apply to stays of 30 days or longer, government employees on official business, and certain non profit organizations, though documentation is required to claim these exemptions.
Total cost to purchase, furnish and operate an Airbnb in Broussard, Louisiana

To start an Airbnb in Broussard, Louisiana, expect total costs around $185,000 to $220,000.

Cost breakdown

  • Property purchase represents the largest expense at approximately $150,000 to $180,000 based on median home prices in the area.
  • Furnishing costs typically range $8,000 to $15,000 for a complete 2 to 3 bedroom setup including beds, linens, kitchen essentials, and living room furniture.
  • Initial setup costs including professional photography, listing creation, and basic renovations average $2,000 to $4,000.
  • Permits and fees in Lafayette Parish generally cost $300 to $800 including business licenses and short term rental permits.
  • Insurance premiums for short term rental coverage run $1,200 to $2,400 annually.
  • Utility deposits and connections typically cost $500 to $800 upfront.
  • First six months operating costs including utilities ($150 to $250/month), cleaning supplies ($100/month), maintenance reserves ($200/month), platform fees (3% of bookings), and marketing expenses total approximately $3,500 to $6,000.
  • Property management software subscriptions and professional cleaning services add another $1,000 to $2,000 for the initial six month period.
Are Airbnb properties in Broussard, Louisiana profitable?

Airbnb properties in Broussard, Louisiana typically generate annual revenues of $15,000 to $35,000 for single family homes and $8,000 to $18,000 for apartments, with occupancy rates averaging 45 to 65% due to proximity to Lafayette and oil industry activity.

Profitability indicators

  • Operating expenses generally consume 40 to 60% of gross revenue, including cleaning fees ($75 to $125 per turnover), property management (15 to 25%), utilities ($150 to $300 monthly), insurance ($1,200 to $2,500 annually), and maintenance costs.
  • Net profit margins typically range from 15 to 35% for well managed properties, with higher end homes near Acadiana attractions achieving better performance.
  • Success factors include strategic pricing during festival seasons like Festival International and Mardi Gras, targeting business travelers working in the petrochemical corridor.
  • Properties within 10 miles of Lafayette's downtown command premium rates of $85 to $150 per night compared to $65 to $95 for standard Broussard locations, while those offering amenities like pools or proximity to Cajun cultural sites see occupancy rates 20 to 30% above market average.
What is the expected return on investment for an Airbnb in Broussard, Louisiana?

Airbnb investments in Broussard, Louisiana typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10% based on the local market dynamics. Properties in Broussard, located near Lafayette, benefit from oil industry workers, university visitors to UL Lafayette, and tourists exploring Acadiana region, with average daily rates of $85 to 120 and occupancy rates of 65 to 75%.

Return planning figures

  • Initial investment recovery usually occurs within 7 to 10 years, with monthly gross rental income averaging $1,800 to 2,800 for a typical 3 bedroom property valued at $180,000 to 250,000.
  • The market shows steady demand due to Broussard's proximity to major employers like Chevron, ExxonMobil, and the University of Louisiana at Lafayette, with break even on operating expenses typically achieved within 18 to 24 months of operation when factoring in mortgage payments, maintenance.
What company can help me find and buy a profitable Airbnb in Broussard, Louisiana?

STRSearch is a leading national platform that helps investors identify profitable short term rental properties in Broussard, Louisiana, using data analytics and market insights.

Companies and resources

  • Local real estate agents in the Lafayette Broussard area who specialize in investment properties include Coldwell Banker Pelican Real Estate, RE/MAX Acadiana, and Keller Williams Realty Acadiana.
  • National services that assist with Airbnb property acquisition include Awning, which provides full service property management and acquisition assistance, Mashvisor for property analysis and market data, AirDNA for short term rental analytics, and Roofstock.
  • Local property management companies such as Acadiana Property Management and Red River Property Management can provide insights into profitable rental markets in Broussard and surrounding Vermilion Parish areas.
  • Additionally, BiggerPockets serves as a national real estate investment community with local Louisiana investor groups, while companies like Vacasa and RedAwning offer market analysis services to help investors identify high performing Airbnb markets in the greater Lafayette metropolitan area where Broussard is located.