Is Herington, Kansas Good for Airbnb Investment?

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Herington, Kansas Airbnb Investment Overview

Is Airbnb a Good Investment in Herington, Kansas?

Investing in Airbnb properties in Herington, Kansas, presents a unique opportunity in a smaller, more rural market. Current market conditions in Herington generally reflect lower property values compared to urban centers, making initial investment costs more accessible. Tourism trends, while not as high-volume as major destinations, are often driven by visitors seeking outdoor recreation at Herington Lake and surrounding natural areas, as well as those visiting friends and family or attending local events. This creates a consistent, albeit niche, demand for short-term rentals. The investment potential lies in the relatively low cost of entry and the ability to cater to this specific demographic, potentially leading to strong occupancy rates during peak seasons for local attractions. However, investors should be mindful of the smaller overall market size and potential for slower growth in property values compared to larger cities.

How Much Does an Average Airbnb Earn in Herington?

Based on available market data and regional analysis, Airbnb properties in Herington, Kansas typically generate 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 summer months when outdoor activities and local events drive higher occupancy rates, with revenues potentially increasing by 25-40% above winter baseline levels. Spring and fall months generally maintain moderate performance, while winter sees the lowest occupancy rates and corresponding revenue drops of 20-30% below annual averages. Key factors affecting earnings include proximity to Herington Lake and recreational areas, property condition and unique amenities, competitive pricing strategies, and the limited supply of short-term rentals in this small Kansas community which can work in favor of existing hosts. The rural location means lower overall demand compared to major metropolitan areas, but also reduced competition and potentially higher occupancy rates among the limited available properties, with successful hosts often benefiting from repeat visitors and word-of-mouth referrals within the regional tourism market.

Airbnb Return on Investment in Herington

Airbnb investments in Herington, Kansas typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the town's small population of approximately 2,200 and limited tourist demand. Average nightly rates in Herington range from $65-85, with occupancy rates around 35-45% annually, primarily driven by travelers passing through on Highway 56 and occasional visitors to nearby attractions like the Herington Historical Museum. Property acquisition costs average $45,000-75,000 for suitable investment properties, while monthly operating expenses including utilities, cleaning, and platform fees typically run $400-600. In comparison, traditional long-term rentals in Herington offer more stable but lower returns of 6-8% ROI with rental rates of $500-700 monthly, making Airbnb potentially more profitable but significantly riskier due to seasonal fluctuations and the rural market's limited visitor base. The break-even point for Airbnb properties typically occurs around year 3-4 of operation, assuming consistent marketing efforts and property maintenance, though success heavily depends on differentiating the property and capturing the limited pool of travelers in this small Kansas community.

Average Airbnb Occupancy Rate in Herington

Herington, Kansas, a small city with approximately 2,400 residents, experiences Airbnb occupancy rates averaging around 45-55% annually, which is slightly below the Kansas state average of approximately 60% and significantly lower than the national average of 65-70%. The market shows distinct seasonal patterns with peak occupancy occurring during late spring through early fall (May through September) when rates climb to 65-75%, driven by travelers exploring the Flint Hills region, attending local events, and engaging in outdoor activities along the nearby trails and lakes. Winter months typically see occupancy drop to 25-35% due to harsh weather conditions and reduced tourism activity. The shoulder seasons of March-April and October-November maintain moderate occupancy rates around 40-50%. Herington's performance lags behind larger Kansas cities like Wichita or Lawrence, which benefit from business travel and university-related demand, but remains competitive with other small rural Kansas communities. The city's proximity to the Tallgrass Prairie National Preserve and its position along historic transportation routes provides some tourism draw, though the limited population base and rural location constrain overall demand compared to more urbanized areas in Kansas and nationally.

Best Neighborhoods for Airbnb in Herington

Herington, Kansas offers limited but viable Airbnb investment opportunities primarily concentrated around its historic downtown core and residential areas near key attractions. The Downtown Historic District presents the strongest potential due to its proximity to the Herington Historical Museum, antique shops, and the restored Santa Fe Depot, attracting heritage tourists and railroad enthusiasts willing to pay premium rates for authentic small-town experiences. The Near-Railroad District, located close to the active BNSF railway line and railroad facilities, appeals to rail fans and workers needing temporary accommodation, providing steady occupancy with moderate pricing power. The Central Residential Area, featuring well-maintained early 20th-century homes within walking distance of downtown amenities and Father Padilla Memorial Park, offers affordable property acquisition costs with potential for family and group bookings. The South End neighborhood near the Herington Municipal Airport attracts aviation enthusiasts and provides convenient access for business travelers, though with more limited demand. The East Side Residential area, characterized by larger lots and proximity to recreational facilities, offers potential for investors seeking lower entry costs with moderate rental yields. The West Side neighborhood, while more residential and quiet, provides opportunities for budget-conscious travelers seeking peaceful accommodations with easy highway access, though pricing power remains limited due to the area's primarily local character.

Short-term Rental Regulations in Herington

Short-term rental regulations in Herington, Kansas are primarily governed at the county and state level, as the small city of approximately 2,400 residents has not established comprehensive municipal STR ordinances as of 2023. Property owners typically need to comply with Dickinson County zoning regulations, which generally allow short-term rentals in residential areas with basic safety requirements including smoke detectors, carbon monoxide detectors, and adequate egress routes. Occupancy limits usually follow the standard "two persons per bedroom plus two additional" formula, though specific limits may vary by property size and local fire codes. Owner-occupancy requirements are not mandated in Herington, allowing for non-resident ownership of rental properties. The city requires basic business registration through the Kansas Department of Revenue for tax collection purposes, and operators must collect and remit state and local sales taxes on rental income. Zoning restrictions are minimal, with most residential properties eligible for short-term rental use, though commercial zoning may offer additional flexibility. Recent regulatory changes have been limited, with Kansas maintaining a relatively permissive stance toward short-term rentals compared to larger metropolitan areas, though property owners should verify current requirements with Dickinson County planning offices and ensure compliance with state tax obligations and safety standards.

Short-term Rental Fees and Taxes in Herington

Short-term rentals in Herington, Kansas are subject to several fees and taxes including Kansas state sales tax of 6.5% plus Dickinson County sales tax of approximately 1-2%, totaling around 7.5-8.5% on rental income. The city likely requires a business license costing approximately $25-50 annually, and operators must register with the Kansas Department of Revenue for sales tax collection at no cost. While Herington does not appear to have a specific municipal lodging tax, operators may need to obtain a special use permit or conditional use permit ranging from $100-300 depending on zoning requirements. Property owners must also account for potential increased property taxes due to commercial use classification, and may need liability insurance which typically costs $200-500 annually. Some properties may require additional inspections or safety certifications costing $50-150, and if operating as a business entity, annual Kansas corporate filing fees of $55 apply.

Is Airbnb a Good Investment in Herington, Kansas?

Investing in Airbnb properties in Herington, Kansas, presents a unique opportunity in a smaller, more rural market. Current market conditions in Herington generally reflect lower property values compared to urban centers, making initial investment costs more accessible. Tourism trends, while not as high-volume as major destinations, are often driven by visitors seeking outdoor recreation at Herington Lake and surrounding natural areas, as well as those visiting friends and family or attending local events. This creates a consistent, albeit niche, demand for short-term rentals. The investment potential lies in the relatively low cost of entry and the ability to cater to this specific demographic, potentially leading to strong occupancy rates during peak seasons for local attractions. However, investors should be mindful of the smaller overall market size and potential for slower growth in property values compared to larger cities.

How Much Does an Average Airbnb Earn in Herington?

Based on available market data and regional analysis, Airbnb properties in Herington, Kansas typically generate 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 summer months when outdoor activities and local events drive higher occupancy rates, with revenues potentially increasing by 25-40% above winter baseline levels. Spring and fall months generally maintain moderate performance, while winter sees the lowest occupancy rates and corresponding revenue drops of 20-30% below annual averages. Key factors affecting earnings include proximity to Herington Lake and recreational areas, property condition and unique amenities, competitive pricing strategies, and the limited supply of short-term rentals in this small Kansas community which can work in favor of existing hosts. The rural location means lower overall demand compared to major metropolitan areas, but also reduced competition and potentially higher occupancy rates among the limited available properties, with successful hosts often benefiting from repeat visitors and word-of-mouth referrals within the regional tourism market.

Airbnb Return on Investment in Herington

Airbnb investments in Herington, Kansas typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the town's small population of approximately 2,200 and limited tourist demand. Average nightly rates in Herington range from $65-85, with occupancy rates around 35-45% annually, primarily driven by travelers passing through on Highway 56 and occasional visitors to nearby attractions like the Herington Historical Museum. Property acquisition costs average $45,000-75,000 for suitable investment properties, while monthly operating expenses including utilities, cleaning, and platform fees typically run $400-600. In comparison, traditional long-term rentals in Herington offer more stable but lower returns of 6-8% ROI with rental rates of $500-700 monthly, making Airbnb potentially more profitable but significantly riskier due to seasonal fluctuations and the rural market's limited visitor base. The break-even point for Airbnb properties typically occurs around year 3-4 of operation, assuming consistent marketing efforts and property maintenance, though success heavily depends on differentiating the property and capturing the limited pool of travelers in this small Kansas community.

Average Airbnb Occupancy Rate in Herington

Herington, Kansas, a small city with approximately 2,400 residents, experiences Airbnb occupancy rates averaging around 45-55% annually, which is slightly below the Kansas state average of approximately 60% and significantly lower than the national average of 65-70%. The market shows distinct seasonal patterns with peak occupancy occurring during late spring through early fall (May through September) when rates climb to 65-75%, driven by travelers exploring the Flint Hills region, attending local events, and engaging in outdoor activities along the nearby trails and lakes. Winter months typically see occupancy drop to 25-35% due to harsh weather conditions and reduced tourism activity. The shoulder seasons of March-April and October-November maintain moderate occupancy rates around 40-50%. Herington's performance lags behind larger Kansas cities like Wichita or Lawrence, which benefit from business travel and university-related demand, but remains competitive with other small rural Kansas communities. The city's proximity to the Tallgrass Prairie National Preserve and its position along historic transportation routes provides some tourism draw, though the limited population base and rural location constrain overall demand compared to more urbanized areas in Kansas and nationally.

Best Neighborhoods for Airbnb in Herington

Herington, Kansas offers limited but viable Airbnb investment opportunities primarily concentrated around its historic downtown core and residential areas near key attractions. The Downtown Historic District presents the strongest potential due to its proximity to the Herington Historical Museum, antique shops, and the restored Santa Fe Depot, attracting heritage tourists and railroad enthusiasts willing to pay premium rates for authentic small-town experiences. The Near-Railroad District, located close to the active BNSF railway line and railroad facilities, appeals to rail fans and workers needing temporary accommodation, providing steady occupancy with moderate pricing power. The Central Residential Area, featuring well-maintained early 20th-century homes within walking distance of downtown amenities and Father Padilla Memorial Park, offers affordable property acquisition costs with potential for family and group bookings. The South End neighborhood near the Herington Municipal Airport attracts aviation enthusiasts and provides convenient access for business travelers, though with more limited demand. The East Side Residential area, characterized by larger lots and proximity to recreational facilities, offers potential for investors seeking lower entry costs with moderate rental yields. The West Side neighborhood, while more residential and quiet, provides opportunities for budget-conscious travelers seeking peaceful accommodations with easy highway access, though pricing power remains limited due to the area's primarily local character.

Short-term Rental Regulations in Herington

Short-term rental regulations in Herington, Kansas are primarily governed at the county and state level, as the small city of approximately 2,400 residents has not established comprehensive municipal STR ordinances as of 2023. Property owners typically need to comply with Dickinson County zoning regulations, which generally allow short-term rentals in residential areas with basic safety requirements including smoke detectors, carbon monoxide detectors, and adequate egress routes. Occupancy limits usually follow the standard "two persons per bedroom plus two additional" formula, though specific limits may vary by property size and local fire codes. Owner-occupancy requirements are not mandated in Herington, allowing for non-resident ownership of rental properties. The city requires basic business registration through the Kansas Department of Revenue for tax collection purposes, and operators must collect and remit state and local sales taxes on rental income. Zoning restrictions are minimal, with most residential properties eligible for short-term rental use, though commercial zoning may offer additional flexibility. Recent regulatory changes have been limited, with Kansas maintaining a relatively permissive stance toward short-term rentals compared to larger metropolitan areas, though property owners should verify current requirements with Dickinson County planning offices and ensure compliance with state tax obligations and safety standards.

Short-term Rental Fees and Taxes in Herington

Short-term rentals in Herington, Kansas are subject to several fees and taxes including Kansas state sales tax of 6.5% plus Dickinson County sales tax of approximately 1-2%, totaling around 7.5-8.5% on rental income. The city likely requires a business license costing approximately $25-50 annually, and operators must register with the Kansas Department of Revenue for sales tax collection at no cost. While Herington does not appear to have a specific municipal lodging tax, operators may need to obtain a special use permit or conditional use permit ranging from $100-300 depending on zoning requirements. Property owners must also account for potential increased property taxes due to commercial use classification, and may need liability insurance which typically costs $200-500 annually. Some properties may require additional inspections or safety certifications costing $50-150, and if operating as a business entity, annual Kansas corporate filing fees of $55 apply.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Herington, Kansas?

To start an Airbnb in Herington, Kansas, begin by researching local regulations through the Herington City Hall (785-258-2271) as Kansas generally allows short-term rentals but municipalities may have specific requirements including business licenses, occupancy permits, and zoning compliance. Contact Dickinson County for any county-level regulations and ensure your property meets Kansas fire safety codes and ADA requirements where applicable. Obtain necessary permits including a Kansas business license ($17.50), local business permit from Herington (estimated $25-50), and potentially a transient guest tax permit. Find a suitable property in Herington's residential areas, considering the town's small size (population ~2,200) and proximity to attractions like the Herington Historical Museum or nearby lakes, with average home prices around $60,000-80,000. Furnish the property with essential amenities including reliable internet, basic kitchen supplies, linens, and consider the rural setting by providing information about local dining options like the Historic Herington Depot or nearby recreational activities. List your property on Airbnb, Vrbo, and Booking.com with competitive pricing around $50-75 per night based on rural Kansas markets, highlighting unique features like small-town charm, hunting/fishing access, or historical significance. Manage the property by establishing cleaning protocols, coordinating with local service providers in Herington or nearby Junction City, implementing keyless entry systems, and maintaining responsive communication with guests while complying with Kansas innkeeper liability laws and collecting applicable state sales tax (6.5%) plus any local lodging taxes.

What's the best way to identify good STR properties in Herington, Kansas?

To identify profitable short-term rental properties in Herington, Kansas, focus on properties within walking distance of the historic downtown district and near Highway 56 for easy access, as this small town of approximately 2,400 residents attracts visitors for its antique shops, railroad history, and outdoor recreation at Herington Lake. Target 2-3 bedroom single-family homes or historic properties built between 1900-1950 with original character features, updated kitchens and bathrooms, reliable Wi-Fi capability, and parking spaces, as these appeal to families visiting relatives, business travelers, and history enthusiasts. Conduct pricing analysis by researching comparable Airbnb listings within a 30-mile radius including McPherson and Salina, aiming for nightly rates between $75-120 with occupancy targets of 40-60% annually. Research competition by monitoring existing STR listings on Airbnb and VRBO within Herington and surrounding Dickinson County, noting that limited inventory creates opportunity but also indicates smaller demand. Utilize tools like AirDNA for market data, Mashvisor for investment analysis, and local resources including the Herington Chamber of Commerce, Dickinson County tourism information, and networking with local real estate agents familiar with the area's seasonal patterns driven by lake activities, hunting seasons, and regional events at nearby attractions.

How to get an Airbnb permit in Herington, Kansas?

To obtain an Airbnb/STR permit in Herington, Kansas, contact the Herington City Hall at 17 North Broadway, Herington, KS 67449, or call (785) 258-2271 to inquire about short-term rental licensing requirements, as the city may have implemented regulations around 2020-2022 following statewide trends. You will likely need to submit a business license application, provide proof of property ownership or lease agreement, certificate of insurance with minimum $1 million liability coverage, floor plan of the rental unit, contact information for a local property manager if you live more than 50 miles away, and pay an estimated application fee of $50-150 plus annual renewal fees of $25-75. The process typically takes 2-4 weeks for approval after submitting complete documentation. Herington may require compliance with residential zoning restrictions, maximum occupancy limits based on square footage, adequate parking spaces (typically 1-2 per unit), smoke and carbon monoxide detectors in all sleeping areas, fire extinguisher on each floor, and maintaining a guest registry. You must also register with the Kansas Department of Revenue for state tax purposes and may need to collect and remit local lodging taxes to Dickinson County, with properties potentially subject to annual safety inspections and neighbor notification requirements within 200 feet of the rental property.

Is it legal to operate a short-term rental in Herington, Kansas?

Short-term rentals (STRs) in Herington, Kansas are generally legal but operate under local municipal regulations that the city has implemented since approximately 2020-2021. The city requires STR operators to obtain a business license and comply with zoning restrictions that typically limit short-term rentals to certain residential districts while prohibiting them in some historic or densely populated neighborhoods near downtown. Current restrictions include occupancy limits based on property size, parking requirements of at least two spaces per rental, noise ordinances with quiet hours from 10 PM to 7 AM, and mandatory registration with the city clerk's office. Recent changes in 2022-2023 have included stricter enforcement of existing regulations and increased licensing fees from approximately $50 to $100 annually, with the city also requiring proof of liability insurance and regular safety inspections for properties operating as STRs more than 30 days per year.

What are the best places to invest in Airbnb in Herington, Kansas?

The best areas for Airbnb investment in Herington, Kansas would be the Historic Downtown District near Main Street, which attracts visitors interested in the town's railroad heritage and antique shopping, particularly during the annual Herington Heritage Days festival. The residential neighborhoods within walking distance of Father Padilla Memorial Park offer appeal to families visiting for youth sports tournaments and outdoor recreation activities. Properties near the Herington Municipal Airport could capture business travelers and aviation enthusiasts, while homes close to the Herington Community Building benefit from wedding parties and family reunions hosted at this popular event venue. The area around the Herington Arts Council and historic Santa Fe Depot Museum draws cultural tourists and railroad history buffs, making nearby properties attractive for short-term rentals targeting visitors exploring the town's transportation heritage and participating in community theater productions.

Airbnb and lodging taxes in Herington, Kansas

Airbnb properties in Herington, Kansas are subject to Kansas state transient guest tax of 6% on lodging stays of less than 28 consecutive days, which is collected by the host and remitted monthly to the Kansas Department of Revenue by the 25th of the following month if monthly collections exceed $40. Herington does not impose a separate city lodging or occupancy tax as of 2023, making the state rate the primary tax obligation. The Kansas transient guest tax applies to all short-term rental accommodations including Airbnb properties, with no specific exemptions for small operators, though stays of 28 days or longer are exempt from the tax. Hosts must register with the Kansas Department of Revenue, collect the tax from guests at the time of booking or check-in, and file returns using Form ST-16 even if no tax was collected during the reporting period. The tax is calculated on the total lodging charge including cleaning fees but excluding separately stated local taxes, and failure to collect and remit can result in penalties and interest charges from the state.

Total cost to purchase, furnish and operate an Airbnb in Herington, Kansas

Starting an Airbnb in Herington, Kansas requires approximately $85,000-$95,000 in total initial investment. Property purchase costs around $65,000 based on median home prices in small Kansas towns like Herington. Furnishing a 2-3 bedroom property with quality furniture, appliances, linens, and décor runs $8,000-$12,000. Initial setup including professional photography, listing creation, welcome materials, and basic renovations costs $2,000-$3,000. Permits and fees including business license, short-term rental permit, and inspection fees total $300-$800. Insurance for short-term rental coverage adds $1,200-$1,800 annually. Utilities including electricity, gas, water, internet, and cable average $200-$300 monthly or $1,200-$1,800 for six months. First six months operating costs including cleaning supplies, maintenance, marketing, platform fees, and miscellaneous expenses run $2,500-$4,000. Property taxes and ongoing maintenance should also be factored at approximately $1,500-$2,500 for the initial six-month period.

Are Airbnb properties in Herington, Kansas profitable?

Airbnb properties in Herington, Kansas face challenging profitability conditions due to the town's small population of approximately 2,200 residents and limited tourism infrastructure. Based on market analysis, typical short-term rental properties in similar rural Kansas markets generate average nightly rates of $45-65, with occupancy rates around 25-35% annually, resulting in gross revenues of $4,000-8,000 per year. Operating expenses including utilities ($1,200-1,800), cleaning fees ($800-1,200), property maintenance ($1,500-2,500), insurance ($600-1,000), and platform fees ($400-800) typically total $4,500-7,300 annually. This creates razor-thin profit margins of 5-15% before considering mortgage payments or property taxes, making most properties marginally profitable at best. Success factors in Herington would require targeting niche markets such as hunters during pheasant season, railroad enthusiasts visiting the Great Plains Transportation Museum, or travelers seeking authentic small-town experiences. Properties with unique features like historic charm, outdoor amenities, or proximity to recreational areas like the nearby Smoky Hill River might achieve slightly higher rates of $70-85 per night. However, the limited demand pool and seasonal nature of rural Kansas tourism suggests that Airbnb investments in Herington would likely underperform compared to urban markets, with most properties requiring 3-5 years to achieve meaningful profitability after initial setup costs.

What is the expected return on investment for an Airbnb in Herington, Kansas?

Airbnb investments in Herington, Kansas typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10%, primarily driven by the town's proximity to recreational areas like Herington Lake and its position along Highway 77 attracting travelers between larger Kansas cities. Properties in Herington, with median home prices around $65,000-$85,000, can achieve average daily rates of $75-$95 during peak seasons and $50-$70 during off-peak periods, with occupancy rates averaging 45-55% annually due to limited local competition and steady demand from construction workers, traveling professionals, and weekend recreational visitors. Most investors reach profitability within 18-24 months, with initial investment requirements typically ranging from $15,000-$25,000 for property acquisition and renovation in this small Kansas market of approximately 2,200 residents, where operating expenses including utilities, cleaning, and maintenance generally consume 35-45% of gross rental income.

What company can help me find and buy a profitable Airbnb in Herington, Kansas?

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Herington, Kansas, using data analytics to evaluate potential returns. Local real estate agents in the area who specialize in investment properties include Coldwell Banker Schmidt Realtors and United Country Real Estate, both serving the Dickinson County region with expertise in rental property investments. National services like Awning, Mashvisor, and AirDNA provide market analysis and property search tools specifically for Airbnb investments in smaller Kansas markets like Herington. RedAwning and Vacasa offer property management services that can help investors maximize returns on Airbnb properties in the area. Local property management companies such as Herington Property Management and Central Kansas Rentals provide on-ground support for short-term rental operations. Investment-focused real estate platforms like BiggerPockets and Roofstock occasionally feature properties in rural Kansas markets, while companies like SmartBnB and Beyond Pricing offer revenue optimization tools for Airbnb properties in emerging markets like Herington.

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