Is St. Martinville, Louisiana Good for Airbnb Investment?

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St. Martinville, Louisiana Airbnb Investment Overview

Is Airbnb a Good Investment in St. Martinville, Louisiana?

Investing in Airbnb properties in St. Martinville, Louisiana, presents a unique opportunity, largely influenced by its rich Acadian culture, historic charm, and designation as the "Birthplace of Evangeline." While not a major metropolitan hub, St. Martinville attracts tourists seeking authentic cultural experiences, particularly those interested in Cajun history, Bayou Teche, and local festivals. Current market conditions may offer more accessible property values compared to larger cities, which can be advantageous for new investors. However, the investment potential heavily relies on consistent tourism trends and the ability to attract guests looking for a distinctive, niche travel experience rather than high-volume tourism. Successful investment in St. Martinville would likely require a deep understanding of the local tourism market and the ability to cater to visitors seeking cultural immersion and historical exploration.

How Much Does an Average Airbnb Earn in St. Martinville?

Based on available market data and regional analysis, Airbnb properties in St. Martinville, Louisiana typically generate monthly revenues ranging from $800 to $2,200, with the average falling around $1,300 per month for standard two to three-bedroom properties. Seasonal variations show peak earnings during spring and fall months when temperatures are moderate and cultural festivals occur, with revenues potentially increasing 25-40% above baseline during these periods, while summer months may see slight decreases due to high humidity and heat. Winter months typically represent the lowest earning period with revenues dropping 15-20% below average. Key factors affecting earnings include proximity to Bayou Teche and historic downtown areas, property size and amenities, local events such as Mardi Gras celebrations and cultural festivals, competition from approximately 15-25 other short-term rental properties in the immediate area, and the property's appeal to tourists interested in Cajun culture and heritage tourism. Properties with unique cultural elements, waterfront access, or premium amenities can command rates 20-30% higher than the market average, while basic accommodations may fall below the lower range estimates.

Airbnb Return on Investment in St. Martinville

Airbnb investments in St. Martinville, Louisiana typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The average nightly rate for short-term rentals in the area falls between $85-120, with occupancy rates averaging 45-60% throughout the year, heavily influenced by seasonal tourism patterns related to Cajun cultural events and nearby Atchafalaya Basin attractions. Compared to traditional long-term rentals in St. Martinville, which typically yield 6-8% ROI with monthly rents averaging $800-1,200 for similar properties, Airbnb investments can provide 2-4 percentage points higher returns but require significantly more active management and carry higher vacancy risk during off-peak periods. The market benefits from proximity to Lafayette and New Orleans tourism corridors, though the smaller local market size limits year-round demand compared to larger Louisiana cities, making property selection and pricing strategy critical factors in achieving optimal returns.

Average Airbnb Occupancy Rate in St. Martinville

Airbnb occupancy rates in St. Martinville, Louisiana typically average around 45-55% annually, with significant seasonal variations driven by the area's cultural tourism and favorable weather patterns. Peak occupancy occurs during spring months (March-May) at approximately 65-75% when visitors come for crawfish season, local festivals, and pleasant temperatures, while summer months (June-August) see moderate rates of 55-65% despite heat and humidity. Fall months (September-November) maintain steady occupancy around 50-60% with festival season and cooler weather, while winter experiences the lowest rates at 30-40% due to cooler temperatures and fewer cultural events. These rates generally underperform Louisiana's statewide average of approximately 60-65% and fall significantly below national Airbnb averages of 70-75%, primarily due to St. Martinville's smaller tourism market, limited business travel, and competition from larger nearby destinations like Lafayette and New Orleans. The town's occupancy is heavily dependent on cultural tourism related to Cajun heritage, local festivals, and outdoor activities along Bayou Teche, making it more susceptible to seasonal fluctuations compared to urban markets with more diverse demand drivers.

Best Neighborhoods for Airbnb in St. Martinville

The downtown historic district around Main Street and Evangeline Boulevard offers the strongest Airbnb potential due to its proximity to the Acadian Memorial, Evangeline Oak, and numerous cultural attractions, allowing hosts to charge premium rates of $120-180 per night for guests seeking authentic Cajun experiences. The Bayou Teche waterfront area provides excellent investment opportunities with scenic views and easy access to swamp tours and fishing excursions, typically supporting rates of $100-150 nightly while attracting nature enthusiasts and photographers. The residential area near the St. Martin Parish Courthouse combines historic charm with walkability to restaurants and shops, offering steady occupancy from business travelers and cultural tourists at moderate rates of $80-120 per night. The neighborhood surrounding St. Martin de Tours Catholic Church appeals to heritage tourists and pilgrims, providing consistent bookings especially during festival seasons with rates around $90-140 nightly. The area near Longfellow-Evangeline State Historic Site benefits from proximity to this major attraction while offering lower property acquisition costs, supporting rates of $70-110 per night with strong weekend and holiday demand. The residential streets between Highway 31 and the Teche offer affordable entry points for investors while still providing guests access to downtown attractions within a short drive, typically commanding $60-100 per night with good potential for long-term appreciation.

Short-term Rental Regulations in St. Martinville

St. Martinville, Louisiana currently operates under relatively permissive short-term rental regulations that require property owners to obtain a business license through the city clerk's office and register with the Louisiana Department of Revenue for tax collection purposes. Properties are typically limited to occupancy based on two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on the property size and parking availability. The city does not mandate owner-occupancy requirements, allowing for non-resident ownership of rental properties, and short-term rentals are generally permitted in residential zones with some restrictions in historic districts where additional architectural review may be required. The registration process involves submitting an application with property details, proof of insurance, and paying annual fees ranging from $100-200, along with compliance with fire safety codes and providing emergency contact information. Recent changes implemented around 2022-2023 have included stricter noise ordinance enforcement, requirements for visible property identification numbers, and enhanced parking regulations that mandate one off-street parking space per bedroom, while the city has also begun requiring quarterly reporting of rental activity and guest numbers to monitor tourism impact on the community.

Short-term Rental Fees and Taxes in St. Martinville

Short-term rentals in St. Martinville, Louisiana are subject to several fees and taxes including the Louisiana state sales tax of 4.45%, Acadia Parish sales tax of approximately 3-4%, and potential municipal sales tax of 1-2%, totaling around 8-10% in combined sales taxes that apply to rental income. The Louisiana Tourism Promotion District tax adds an additional 1-3% depending on the specific district. Property owners must obtain a business license from the city costing approximately $25-50 annually, register with the Louisiana Department of Revenue for sales tax collection at no cost, and may need to pay a short-term rental permit fee of $100-200 per year to the city. Additional costs include potential homeowner's association fees if applicable, increased property insurance premiums of $200-500 annually, and possible inspection fees of $50-100. The Louisiana Uniform Local Sales Tax Board requires registration for tax collection, and operators must remit collected taxes monthly or quarterly depending on volume, with penalties of 5-25% for late payments plus interest charges of 1% per month.

Is Airbnb a Good Investment in St. Martinville, Louisiana?

Investing in Airbnb properties in St. Martinville, Louisiana, presents a unique opportunity, largely influenced by its rich Acadian culture, historic charm, and designation as the "Birthplace of Evangeline." While not a major metropolitan hub, St. Martinville attracts tourists seeking authentic cultural experiences, particularly those interested in Cajun history, Bayou Teche, and local festivals. Current market conditions may offer more accessible property values compared to larger cities, which can be advantageous for new investors. However, the investment potential heavily relies on consistent tourism trends and the ability to attract guests looking for a distinctive, niche travel experience rather than high-volume tourism. Successful investment in St. Martinville would likely require a deep understanding of the local tourism market and the ability to cater to visitors seeking cultural immersion and historical exploration.

How Much Does an Average Airbnb Earn in St. Martinville?

Based on available market data and regional analysis, Airbnb properties in St. Martinville, Louisiana typically generate monthly revenues ranging from $800 to $2,200, with the average falling around $1,300 per month for standard two to three-bedroom properties. Seasonal variations show peak earnings during spring and fall months when temperatures are moderate and cultural festivals occur, with revenues potentially increasing 25-40% above baseline during these periods, while summer months may see slight decreases due to high humidity and heat. Winter months typically represent the lowest earning period with revenues dropping 15-20% below average. Key factors affecting earnings include proximity to Bayou Teche and historic downtown areas, property size and amenities, local events such as Mardi Gras celebrations and cultural festivals, competition from approximately 15-25 other short-term rental properties in the immediate area, and the property's appeal to tourists interested in Cajun culture and heritage tourism. Properties with unique cultural elements, waterfront access, or premium amenities can command rates 20-30% higher than the market average, while basic accommodations may fall below the lower range estimates.

Airbnb Return on Investment in St. Martinville

Airbnb investments in St. Martinville, Louisiana typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The average nightly rate for short-term rentals in the area falls between $85-120, with occupancy rates averaging 45-60% throughout the year, heavily influenced by seasonal tourism patterns related to Cajun cultural events and nearby Atchafalaya Basin attractions. Compared to traditional long-term rentals in St. Martinville, which typically yield 6-8% ROI with monthly rents averaging $800-1,200 for similar properties, Airbnb investments can provide 2-4 percentage points higher returns but require significantly more active management and carry higher vacancy risk during off-peak periods. The market benefits from proximity to Lafayette and New Orleans tourism corridors, though the smaller local market size limits year-round demand compared to larger Louisiana cities, making property selection and pricing strategy critical factors in achieving optimal returns.

Average Airbnb Occupancy Rate in St. Martinville

Airbnb occupancy rates in St. Martinville, Louisiana typically average around 45-55% annually, with significant seasonal variations driven by the area's cultural tourism and favorable weather patterns. Peak occupancy occurs during spring months (March-May) at approximately 65-75% when visitors come for crawfish season, local festivals, and pleasant temperatures, while summer months (June-August) see moderate rates of 55-65% despite heat and humidity. Fall months (September-November) maintain steady occupancy around 50-60% with festival season and cooler weather, while winter experiences the lowest rates at 30-40% due to cooler temperatures and fewer cultural events. These rates generally underperform Louisiana's statewide average of approximately 60-65% and fall significantly below national Airbnb averages of 70-75%, primarily due to St. Martinville's smaller tourism market, limited business travel, and competition from larger nearby destinations like Lafayette and New Orleans. The town's occupancy is heavily dependent on cultural tourism related to Cajun heritage, local festivals, and outdoor activities along Bayou Teche, making it more susceptible to seasonal fluctuations compared to urban markets with more diverse demand drivers.

Best Neighborhoods for Airbnb in St. Martinville

The downtown historic district around Main Street and Evangeline Boulevard offers the strongest Airbnb potential due to its proximity to the Acadian Memorial, Evangeline Oak, and numerous cultural attractions, allowing hosts to charge premium rates of $120-180 per night for guests seeking authentic Cajun experiences. The Bayou Teche waterfront area provides excellent investment opportunities with scenic views and easy access to swamp tours and fishing excursions, typically supporting rates of $100-150 nightly while attracting nature enthusiasts and photographers. The residential area near the St. Martin Parish Courthouse combines historic charm with walkability to restaurants and shops, offering steady occupancy from business travelers and cultural tourists at moderate rates of $80-120 per night. The neighborhood surrounding St. Martin de Tours Catholic Church appeals to heritage tourists and pilgrims, providing consistent bookings especially during festival seasons with rates around $90-140 nightly. The area near Longfellow-Evangeline State Historic Site benefits from proximity to this major attraction while offering lower property acquisition costs, supporting rates of $70-110 per night with strong weekend and holiday demand. The residential streets between Highway 31 and the Teche offer affordable entry points for investors while still providing guests access to downtown attractions within a short drive, typically commanding $60-100 per night with good potential for long-term appreciation.

Short-term Rental Regulations in St. Martinville

St. Martinville, Louisiana currently operates under relatively permissive short-term rental regulations that require property owners to obtain a business license through the city clerk's office and register with the Louisiana Department of Revenue for tax collection purposes. Properties are typically limited to occupancy based on two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on the property size and parking availability. The city does not mandate owner-occupancy requirements, allowing for non-resident ownership of rental properties, and short-term rentals are generally permitted in residential zones with some restrictions in historic districts where additional architectural review may be required. The registration process involves submitting an application with property details, proof of insurance, and paying annual fees ranging from $100-200, along with compliance with fire safety codes and providing emergency contact information. Recent changes implemented around 2022-2023 have included stricter noise ordinance enforcement, requirements for visible property identification numbers, and enhanced parking regulations that mandate one off-street parking space per bedroom, while the city has also begun requiring quarterly reporting of rental activity and guest numbers to monitor tourism impact on the community.

Short-term Rental Fees and Taxes in St. Martinville

Short-term rentals in St. Martinville, Louisiana are subject to several fees and taxes including the Louisiana state sales tax of 4.45%, Acadia Parish sales tax of approximately 3-4%, and potential municipal sales tax of 1-2%, totaling around 8-10% in combined sales taxes that apply to rental income. The Louisiana Tourism Promotion District tax adds an additional 1-3% depending on the specific district. Property owners must obtain a business license from the city costing approximately $25-50 annually, register with the Louisiana Department of Revenue for sales tax collection at no cost, and may need to pay a short-term rental permit fee of $100-200 per year to the city. Additional costs include potential homeowner's association fees if applicable, increased property insurance premiums of $200-500 annually, and possible inspection fees of $50-100. The Louisiana Uniform Local Sales Tax Board requires registration for tax collection, and operators must remit collected taxes monthly or quarterly depending on volume, with penalties of 5-25% for late payments plus interest charges of 1% per month.

* 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 St. Martinville, Louisiana?

To start an Airbnb in St. Martinville, Louisiana, begin by researching local zoning laws and regulations through the St. Martin Parish Planning Commission and city hall, as short-term rentals may require special permits or have restrictions in certain residential zones. Contact St. Martin Parish for business license requirements and the Louisiana Department of Revenue for state tax registration, including collecting and remitting state sales tax of 4.45% plus local taxes. Find a suitable property by working with local real estate agents familiar with St. Martinville's historic district and residential areas, ensuring the property meets safety codes and has adequate parking. Obtain necessary permits including a business license from St. Martin Parish, fire department inspection clearance, and potentially a conditional use permit if required by local zoning. Purchase comprehensive insurance that covers short-term rentals, as standard homeowner's policies typically exclude commercial activities. Furnish the property with quality furniture, linens, kitchen essentials, and amenities that highlight the area's Cajun culture and proximity to Evangeline Oak and Acadian Memorial. Create your Airbnb listing with professional photos showcasing the property's connection to St. Martinville's rich Acadian history, competitive pricing based on local market rates (typically $80-150 per night depending on size and amenities), and detailed descriptions of nearby attractions like the Longfellow-Evangeline State Historic Site. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries and bookings, maintaining the property regularly, and providing guests with local recommendations for restaurants like Cafe Josephine and cultural sites throughout this historic Cajun town.

What's the best way to identify good STR properties in St. Martinville, Louisiana?

To identify profitable short-term rental properties in St. Martinville, Louisiana, focus on locations within walking distance of historic downtown attractions like the Evangeline Oak and Acadian Memorial, or properties near Bayou Teche with water views, as these areas attract cultural tourists and outdoor enthusiasts year-round. Target 2-3 bedroom homes or cottages built after 1980 with authentic Cajun architectural features, modern amenities like WiFi and air conditioning, private parking, and outdoor spaces for gatherings, as these appeal to families and groups exploring Acadiana culture. Conduct pricing analysis using AirDNA and Mashvisor to benchmark against similar properties in nearby Lafayette (30 minutes away) and Breaux Bridge, aiming for nightly rates between $80-150 depending on size and amenities, with higher rates during festival seasons like the Boucherie Festival in February. Research competition by analyzing existing STR listings within a 5-mile radius on Airbnb and VRBO, noting that St. Martinville has limited inventory compared to larger Louisiana markets, creating opportunity for well-positioned properties. Utilize tools like Rabbu and AllTheRooms for market analysis, partner with local property management companies familiar with Louisiana STR regulations, and leverage the St. Martin Parish Tourist Commission's data on visitor patterns, while considering seasonal demand spikes during Mardi Gras, crawfish season (March-June), and fall cultural events that drive tourism to this historic Cajun community.

How to get an Airbnb permit in St. Martinville, Louisiana?

To obtain an Airbnb/STR permit in St. Martinville, Louisiana, you must first contact the St. Martinville City Hall at 212 S Main Street or call (337) 394-2233 to inquire about short-term rental regulations and obtain the application form. Required documents typically include a completed STR permit application, proof of property ownership or lease agreement, certificate of occupancy, general liability insurance policy (minimum $1 million coverage), floor plan of the rental unit, emergency contact information, and parking plan showing adequate guest parking. You'll need to pay an estimated application fee of $150-300 plus an annual permit fee of approximately $200-500, though exact amounts should be confirmed with the city clerk. The property must comply with local zoning requirements, fire safety codes, and occupancy limits (typically 2 persons per bedroom plus 2 additional), and you may need to provide contact information for a local property manager if you live more than 50 miles away. Submit all documents to the Planning and Zoning Department, schedule any required inspections with the fire marshal and building inspector, and allow 30-60 days for processing and approval. Once approved, display your permit number in all online listings and renew annually by December 31st, ensuring compliance with St. Martin Parish tax collection requirements and Louisiana state lodging taxes.

Is it legal to operate a short-term rental in St. Martinville, Louisiana?

Short-term rentals (STRs) in St. Martinville, Louisiana are generally legal but operate under state regulations and local oversight as of 2024. Louisiana requires STR operators to obtain a state license and collect occupancy taxes, while St. Martinville, as a smaller municipality in St. Martin Parish, typically follows parish-level zoning regulations that may restrict STRs in certain residential areas or require special use permits. The city has not implemented a comprehensive STR ban, but operators must comply with safety requirements, noise ordinances, and parking regulations. Recent changes at the state level have strengthened licensing requirements and tax collection enforcement, while some Louisiana municipalities have enacted stricter local controls on STR density and operations. Property owners in St. Martinville should verify current zoning compliance and obtain necessary permits from both state and local authorities, as regulations can vary by specific neighborhood and property type within the city limits.

What are the best places to invest in Airbnb in St. Martinville, Louisiana?

The most promising areas for Airbnb investment in St. Martinville, Louisiana include the Historic Downtown District centered around Main Street and the Bayou Teche waterfront, which attracts tourists visiting the Evangeline Oak, Acadian Memorial, and numerous antebellum homes dating back to the 1800s. The Longfellow-Evangeline State Historic Site area offers excellent potential due to its proximity to the park's Acadian cultural attractions and frequent heritage festivals throughout the year. Properties near the St. Martin de Tours Catholic Church, one of the oldest continuously operating parishes in Louisiana (established 1765), benefit from religious tourism and cultural heritage visitors. The Bayou Teche corridor provides opportunities for guests interested in swamp tours, fishing, and eco-tourism activities. Areas close to the annual Louisiana Sugar Cane Festival grounds see increased demand during October events, while neighborhoods near local Creole and Cajun restaurants like Cafe Josephine and various boudin shops attract culinary tourists year-round. The residential areas along East Bridge Street and North Main Street offer good investment potential due to their walkability to major attractions while maintaining the authentic small-town Louisiana atmosphere that draws visitors seeking cultural immersion experiences.

Airbnb and lodging taxes in St. Martinville, Louisiana

In St. Martinville, Louisiana, Airbnb hosts are subject to multiple lodging taxes including the Louisiana state sales tax of 4.45%, St. Martin Parish occupancy tax of approximately 3%, and potentially a municipal hotel/motel tax of around 2-4% if applicable within city limits. These taxes are typically collected automatically by Airbnb through their tax collection service for most bookings, with the platform remitting payments directly to the Louisiana Department of Revenue and local tax authorities on a monthly basis. Hosts may need to register with the Louisiana Department of Revenue for a sales tax permit and potentially with St. Martin Parish for local occupancy tax collection if Airbnb doesn't collect certain local taxes automatically. The state sales tax applies to all short-term rental transactions under 30 days, while occupancy taxes specifically target lodging accommodations with stays typically under 30 consecutive days. Exemptions may include stays exceeding 30 days, certain government or military travelers, and potentially some nonprofit organization bookings, though hosts should verify current exemption criteria with local tax authorities as regulations can change and vary by jurisdiction.

Total cost to purchase, furnish and operate an Airbnb in St. Martinville, Louisiana

To start an Airbnb in St. Martinville, Louisiana, the total costs would be approximately $185,000-$220,000. Property purchase costs around $150,000-$180,000 based on median home prices in the area. Furnishing a 2-3 bedroom property would cost $15,000-$25,000 including furniture, appliances, linens, and décor. Initial setup costs including professional photography, listing creation, and basic renovations would be $3,000-$5,000. Permits and fees including business license, short-term rental permit, and tax registration would cost $500-$1,000. Insurance for short-term rental coverage would be $1,200-$2,000 annually. Utilities setup and deposits would cost $500-$800. First six months operating costs including utilities ($600-$900), cleaning supplies and services ($1,200-$1,800), maintenance ($800-$1,200), marketing ($300-$600), and platform fees would total approximately $3,000-$4,500. Additional working capital of $5,000-$8,000 should be reserved for unexpected expenses and vacancy periods during the initial months of operation.

Are Airbnb properties in St. Martinville, Louisiana profitable?

Airbnb properties in St. Martinville, Louisiana typically generate annual revenues between $15,000-$35,000 for average 2-3 bedroom homes, with nightly rates ranging from $80-$150 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-50 per turnover), property management (15-25% if outsourced), utilities ($150-250 monthly), insurance ($1,200-2,000 annually), maintenance ($2,000-4,000 yearly), and local taxes. Properties near Bayou Teche or historic downtown areas command premium rates during Mardi Gras season and cultural festivals, with occupancy rates averaging 45-65% annually. A typical 3-bedroom Creole cottage purchased for $180,000 and renovated for $25,000 can achieve 12-18% annual returns after expenses, with break-even occupancy around 35%. Success factors include authentic Louisiana décor, proximity to cultural attractions like the Evangeline Oak and Acadian Memorial, professional photography, and responsive guest communication. Properties offering unique experiences such as swamp tour partnerships or Cajun cooking classes typically achieve 20-30% higher revenues than standard listings, though the limited tourist infrastructure compared to New Orleans or Lafayette constrains overall market potential.

What is the expected return on investment for an Airbnb in St. Martinville, Louisiana?

Airbnb investments in St. Martinville, Louisiana can expect annual ROI of 8-12% based on the area's growing tourism interest in Cajun culture and proximity to Lafayette. Cash-on-cash returns typically range from 6-10% annually, with properties averaging $80-120 nightly rates during peak seasons and 40-55% occupancy rates year-round. Initial profitability usually occurs within 18-24 months, considering startup costs of $15,000-25,000 for furnishing and marketing a typical 2-3 bedroom property purchased at $120,000-180,000. The market benefits from cultural tourism, nearby Evangeline Parish attractions, and overflow demand from Lafayette's business travelers, though seasonal fluctuations occur with lower winter occupancy of 25-35% compared to spring/summer peaks of 60-70%.

What company can help me find and buy a profitable Airbnb in St. Martinville, Louisiana?

STRSearch is a national platform that specializes in identifying profitable short-term rental properties for investors looking in St. Martinville, Louisiana. Local real estate agents in the area who work with Airbnb investors include Coldwell Banker Pelican Real Estate, Century 21 Bono Realty, and RE/MAX Acadiana, with agents like those at Keaty Real Estate Group having experience in investment properties around Lafayette Parish and surrounding areas. National services that can assist include Mashvisor for market analysis and property identification, AirDNA for short-term rental data analytics, and BiggerPockets for connecting with local investors and agents familiar with the St. Martinville market. RedAwning and Vacasa also provide property management services that can help investors identify suitable properties while offering management solutions. Local property management companies like Acadia Property Management and investment-focused realtors at Latter & Blum may also have experience with vacation rental properties in this historic Louisiana town, though the market is relatively small compared to larger tourist destinations like New Orleans or Baton Rouge.

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