Is Scott, Louisiana Good for Airbnb Investment?

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Scott, Louisiana market research

Scott, Louisiana Airbnb Investment Overview

$800–$1,500Typical monthly host earnings
8–12%Typical annual ROI
65–70%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Scott, Louisiana?

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

  • Presents a modest but potentially stable opportunity.
  • Current market conditions in Scott are characterized by more affordable property values compared to larger metropolitan areas, which can lower initial investment costs.
  • While not a primary tourism hub, Scott benefits from its proximity to Lafayette, a regional center known for its Cajun culture, festivals, and university, which can drive some consistent, albeit localized.
  • This steady, albeit smaller, influx of visitors, particularly for events or those seeking a quieter experience near Lafayette, can support consistent occupancy.
  • Investment potential is primarily driven by the lower entry barrier and the possibility of attracting visitors seeking a more authentic local experience or convenient access to the wider Lafayette area.
Earnings

How Much Does an Average Airbnb Earn in Scott?

$800–$1,500 per month based on location, season, and property quality.

  • Based on available market data and regional analysis, Airbnb hosts in Scott, Louisiana typically earn between $800-$1,500 per month.
  • Seasonal variations show peak earnings during spring crawfish season and fall festival periods when monthly revenues can reach $1,800-$2,200, while summer months typically see a 15-20% decrease due to extreme heat and humidity deterring tourism.
  • Winter months generally produce the lowest earnings at $600-$900 monthly as visitor numbers decline significantly.
  • Key factors affecting earnings include proximity to Lafayette's business district (properties within 10 miles command 20-30% higher rates).
  • Properties offering authentic Cajun experiences or featuring traditional Louisiana architecture tend to achieve occupancy premiums of 10-15% over standard accommodations.
ROI Analysis

Airbnb Return on Investment in Scott

Potentially strong—typical annual ROI is 8–12%.

  • Typically generate ROI between 8-12% annually, with higher-end properties near Lafayette achieving up to 15% due to proximity to oil industry workers and University of Louisiana visitors.
  • The average payback period ranges from 7-10 years, depending on initial investment and occupancy rates which average 65-75% in the Scott market.
  • Properties averaging $150,000-$250,000 can generate $1,200-$2,000 monthly gross revenue during peak periods.
  • Short-term rentals in Scott outperform traditional rentals by approximately 20-30% in gross returns, though net returns are closer after accounting for higher turnover costs, cleaning fees.
  • The market benefits from consistent demand from business travelers to the Lafayette area, seasonal tourism, and family visits.
Occupancy Rate

Average Airbnb Occupancy Rate in Scott

Scott, Louisiana averages 65–70% annual occupancy, with seasonal variation.

  • Scott, Louisiana experiences average Airbnb occupancy rates of approximately 65-70% annually, with significant seasonal variations driven by local events and weather patterns.
  • Peak occupancy occurs during spring (March-May) at around 75-80% and fall (September-November) at 70-75%.
  • Summer months see moderate occupancy of 60-65% despite heat and humidity, while winter months drop to 50-55% occupancy.
  • Scott's rates align closely with Louisiana's statewide average of 68% but fall slightly below the national Airbnb average of 72-75%.
  • The city benefits from its proximity to Lafayette and the broader Acadiana region, with occupancy spikes during University of Louisiana events, Mardi Gras season, and oil industry conferences.
Best Neighborhoods

Best Neighborhoods for Airbnb in Scott

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

  • The most promising Airbnb investment neighborhoods in Scott, Louisiana include Downtown Scott, which offers proximity to local restaurants and cultural attractions with moderate property prices and strong rental demand from business travelers and tourists exploring Acadiana.
  • The Ambassador Caffery Parkway corridor provides excellent accessibility to Lafayette's business district and shopping centers, attracting both short-term business guests and families visiting the area.
  • The Duson Road area near Scott's historic district appeals to visitors seeking authentic Cajun culture experiences.
  • Neighborhoods around Scott Middle School and the residential areas near Girard Park Road provide family-friendly environments that attract longer-stay guests and relocating professionals.
  • The areas near Interstate 10 access points offer strategic advantages for travelers and business guests needing quick highway access.
  • Properties near the Vermilionville Historic Village vicinity benefit from cultural tourism traffic and provide opportunities for themed accommodations celebrating local heritage.
  • The emerging residential developments in south Scott offer modern properties with potential for higher-end short-term rentals.
Regulations

Short-term Rental Regulations in Scott

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

  • Short-term rental regulations in Scott, Louisiana are primarily governed by Lafayette Parish ordinances.
  • Properties must comply with residential zoning requirements and maintain occupancy limits based on the number of bedrooms plus two additional guests.
  • Owner-occupancy is not mandated for short-term rentals in Scott, allowing for investment properties to operate as vacation rentals.
  • The registration process involves submitting an application to Lafayette Parish with property details, proof of insurance, and payment of applicable fees.
  • Recent changes implemented in 2022-2023 include stricter enforcement of parking requirements, mandatory contact information posting for a local representative available 24/7, and enhanced penalties for violations including potential permit revocation after multiple infractions.
  • All short-term rental operators must also collect and remit local occupancy taxes to Lafayette Parish, currently set at 3% of gross rental receipts.
Fees and Taxes

Short-term Rental Fees and Taxes in Scott

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

  • Short-term rentals in Scott, 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 Scott, plus a short-term rental permit fee estimated at $150-300 annually.
  • Louisiana requires a state sales tax license with a $25 registration fee, and operators must collect and remit occupancy taxes which typically range from 3-5% of gross rental receipts.
  • Additional costs may include a one-time zoning compliance fee of $75-150, fire safety inspection fees of $50-100, and potential homeowner association fees if applicable.
  • Tourism promotion taxes in Lafayette Parish add approximately 2-3% to the total tax burden, and operators may face penalty fees of $100-500 for non-compliance with registration requirements or tax collection obligations.
Common questions

Scott, Louisiana Airbnb investment FAQs

How to start an Airbnb in Scott, Louisiana?

To start an Airbnb in Scott, Louisiana, begin by researching local zoning laws and regulations through the City of Scott Planning Department, as Lafayette Parish requires short term rental permits and business licenses for properties rented less than 30 days.

Launch checklist

  • Contact Scott City Hall at 337 to 233 3870 to obtain necessary permits including a business license ($25 to 50 annually) and short term rental permit.
  • Find a suitable property in Scott's residential areas, focusing on neighborhoods near the Evangeline Thruway or Ambassador Caffery Parkway for accessibility to Lafayette attractions, ensuring the property allows short term rentals per HOA or lease agreements.
  • Furnish the space with essential amenities including high speed internet, cable TV, full kitchen appliances, quality linens, and local touches like Cajun themed decor to appeal to tourists visiting Acadiana.
  • Create your Airbnb listing with professional photos highlighting proximity to Lafayette (10 minutes), University of Louisiana at Lafayette (15 minutes), and local attractions like Vermilionville Historic Village.
  • Manage your property by establishing cleaning protocols between guests, maintaining 24/7 communication availability, coordinating key exchanges or installing smart locks.
What's the best way to identify good STR properties in Scott, Louisiana?

To identify profitable short term rental properties in Scott, Louisiana, focus on locations within 15 to 20 minutes of Lafayette's downtown core, University of Louisiana at Lafayette, and major employers like CGI and Stuller Inc, as these areas generate consistent business and leisure travel demand.

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 that appeal to families visiting for UL Lafayette events, Mardi Gras celebrations, or oil and gas industry business trips.
  • Conduct pricing analysis using AirDNA and Mashvisor to identify properties where potential STR revenue (typically $80 to 150/night in Scott's market) exceeds traditional rental income by 40 to 60%.
  • Research competition by analyzing existing Airbnb and VRBO listings within a 3 mile radius, identifying gaps in amenities or property types, and monitoring seasonal demand patterns around UL Lafayette's academic calendar, festival seasons.
  • Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Realtor.com, while connecting with Lafayette area property managers and STR management companies to understand market dynamics.
How to get an Airbnb permit in Scott, Louisiana?

To obtain an Airbnb/STR permit in Scott, Louisiana, you must first contact the City of Scott Planning and Zoning Department at City Hall located at 215 Lions Club Road to determine specific short term rental regulations, as requirements vary by municipality.

Documents and approvals

  • You'll typically need to submit a completed STR permit application, proof of property ownership or lease agreement, certificate of occupancy, general liability insurance policy (minimum $1 million coverage), fire safety inspection certificate.
  • Required documents also include a business license from Louisiana Secretary of State, sales tax permit from Louisiana Department of Revenue, and potentially a conditional use permit depending on zoning.
  • Application fees generally range from $150 to $300 for the initial permit plus $50 to $100 annual renewal fees, with additional costs for inspections ($75 to $150) and business license fees ($25 to $50).
  • The approval timeline typically takes 30 to 60 days from submission of complete application, including time for fire department and building inspections.
  • Scott specific requirements likely include compliance with residential zoning restrictions, adequate off street parking (minimum 2 spaces), maximum occupancy limits based on bedrooms, quiet hours enforcement, and maintaining a local contact person available 24/7 for guest issues.
Is it legal to operate a short-term rental in Scott, Louisiana?

Short term rentals (STRs) are legal in Scott, Louisiana, but operate under regulations established by both the city and Lafayette Parish.

Core operating requirements

  • Scott requires STR operators to obtain a business license and comply with zoning restrictions that typically limit rentals to certain residential areas while prohibiting them in some neighborhoods to preserve residential character.
  • Properties must meet safety standards including smoke detectors, carbon monoxide detectors, and proper egress requirements.
  • The city has implemented occupancy limits based on property size and requires adequate parking for guests.
  • Recent changes around 2022 to 2023 have included stricter enforcement of noise ordinances and neighbor complaint procedures, with some areas seeing increased scrutiny due to community concerns about housing availability and neighborhood disruption.
  • Operators must also comply with Louisiana state tax requirements and may face additional parish level regulations, with violations potentially resulting in fines or license revocation.
What are the best places to invest in Airbnb in Scott, Louisiana?

The most promising Airbnb investment areas in Scott, Louisiana include the historic downtown district near the Scott Boudin Festival grounds, which attracts thousands of visitors annually for the famous April festival and other cultural events throughout the year.

Areas to research

  • The residential neighborhoods along Ambassador Caffery Parkway offer excellent potential due to proximity to Lafayette's business district, accommodating corporate travelers working with companies like CGI, Stuller Inc..
  • Areas near the Acadiana Regional Airport provide strong opportunities for business travelers and tourists flying into the Lafayette metropolitan area.
  • The neighborhoods surrounding Girard Park and the University of Louisiana at Lafayette campus, though technically in Lafayette, are within easy reach and benefit from university events, graduation ceremonies, and academic conferences.
  • Properties near the Interstate 10 corridor offer convenience for travelers exploring Louisiana's Cajun Country, including nearby attractions like Vermilionville, Acadian Village.
Airbnb and lodging taxes in Scott, Louisiana

Airbnb properties in Scott, Louisiana are subject to multiple lodging and occupancy taxes including the Louisiana state sales tax of 4.45%, Lafayette Parish sales tax of approximately 5%, and potential municipal hotel/motel taxes that typically range from 2 to 4% in Louisiana municipalities.

Taxes and filing responsibilities

  • The Louisiana Department of Revenue requires short term rental operators to register for a sales tax account and collect the combined state and local sales tax on all rental transactions.
  • Lafayette Parish may impose additional transient occupancy taxes collected through their local tax collector, while Scott may have its own municipal lodging tax ordinance requiring separate registration and collection.
  • Properties rented for 30 days or longer are generally exempt from occupancy taxes, and some jurisdictions provide exemptions for rentals to permanent residents or government employees.
  • Airbnb may collect and remit certain taxes automatically through their platform in some Louisiana parishes, but hosts remain responsible for ensuring compliance with all applicable local tax requirements and should verify current rates and collection procedures with the Louisiana Department of Revenue, Lafayette Parish Tax Assessor, and Scott city officials.
Total cost to purchase, furnish and operate an Airbnb in Scott, Louisiana

To start an Airbnb in Scott, 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 Lafayette metropolitan area where Scott is located.
  • Furnishing costs typically range $8,000 to $15,000 for a complete 2 to 3 bedroom setup including furniture, appliances, linens, and décor to create an attractive rental space.
  • Initial setup costs including professional photography, listing creation, and basic renovations average $2,000 to $4,000.
  • Permits and fees vary but expect around $500 to $1,500 for business licenses, short term rental permits, and city registration requirements.
  • Insurance costs approximately $1,200 to $2,000 annually for landlord and short term rental coverage.
  • Utility setup and deposits for electricity, water, internet, and cable typically cost $300 to $600 initially.
  • First six months operating costs including utilities ($150 to $250 monthly), cleaning services ($75 to $125 per turnover), maintenance reserves, property management software, and marketing expenses total approximately $3,000 to $6,000.
  • Additional considerations include potential HOA fees, property taxes, and emergency repair funds which could add another $2,000 to $5,000 to initial capital requirements.
Are Airbnb properties in Scott, Louisiana profitable?

Airbnb properties in Scott, Louisiana typically generate annual revenues between $15,000 to $35,000 for entire homes, with average daily rates ranging from $80 to $150 depending on property size and amenities.

Profitability indicators

  • Operating expenses generally consume 40 to 60% of gross revenue, including cleaning fees ($30 to 50 per turnover), property management (10 to 20%), utilities ($150 to 300 monthly), insurance ($1,200 to 2,000 annually).
  • Profit margins in Scott typically range from 15 to 35%, with successful properties near the Acadiana region achieving higher occupancy rates of 60 to 75% due to proximity to Lafayette's business district and cultural attractions.
  • A typical 3 bedroom home in Scott generating $28,000 annually might incur $16,000 in expenses, yielding a net profit of $12,000 or 43% margin.
  • Success factors include strategic pricing during festival seasons like Festival International de Louisiane, maintaining authentic Cajun décor, offering local experience packages.
  • Properties within 15 minutes of Lafayette's downtown core and those featuring unique Louisiana architectural elements consistently outperform generic listings by 20 to 30% in both occupancy and nightly rates.
What is the expected return on investment for an Airbnb in Scott, Louisiana?

Airbnb investments in Scott, Louisiana typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10%, primarily driven by the area's proximity to Lafayette and steady demand from business travelers visiting local oil and gas companies like Chevron and ExxonMobil. Properties in Scott generally reach profitability within 18 to 24 months, with average daily rates of $85 to 120 and occupancy rates around 65 to 75% annually.

Return planning figures

  • The market benefits from consistent demand due to the University of Louisiana at Lafayette nearby and industrial activity in the region, though seasonal fluctuations occur with lower occupancy during summer months when university demand decreases.
  • Investment properties typically require initial capital of $150,000 to 250,000 for suitable 3 to 4 bedroom homes, with monthly gross revenues averaging $2,500 to 4,200 depending on property size and amenities, while operating expenses including cleaning, utilities.
What company can help me find and buy a profitable Airbnb in Scott, Louisiana?

STRSearch is a leading national platform that specializes in identifying profitable short term rental properties for Airbnb investors in Scott, Louisiana and surrounding areas.

Companies and resources

  • Local real estate agents like Coldwell Banker Ingle Safari Realty and RE/MAX Acadiana have agents experienced in investment properties who understand the Scott market dynamics and can identify properties with strong rental potential.
  • Awning provides nationwide Airbnb property management and investment analysis services, helping investors evaluate potential returns in the Scott area.
  • Mashvisor offers data driven property analysis tools that can help investors identify the most profitable Airbnb opportunities in Lafayette Parish where Scott is located.
  • Local property management companies like Acadiana Property Management and Red River Property Management can assist with ongoing operations once properties are acquired.
  • BiggerPockets marketplace and forums connect investors with local Scott area professionals who specialize in short term rental investments.
  • AirDNA provides market data and analytics specifically for short term rental performance in the Scott and Lafayette metropolitan area, helping investors make informed purchasing decisions based on occupancy rates and average daily rates from 2020 to 2024.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
Expert Network
Limited or no partner access
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