Performance indicators for the Fayetteville short-term rental market based on reliable data.
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The highest-performing listings in Fayetteville.
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Challenging to Investors
STRs are explicitly allowed, but Type 2 investment STRs face a hard cap of 475 licenses with a waitlist and require a CUP in residential zones, plus annual licenses, inspections, and 2% HMR tax with aggressive enforcement including potential service termination for unlicensed operations.
Local STR Agent
STR specialist · Fayetteville, AR
Fayetteville, Arkansas, a vibrant city in the northwest region of the state, is known for its eclectic culture, outdoor recreation, and academic presence. As of the most recent data, Fayetteville has a population of approximately 93,949 residents. Located about 190 miles northwest of Little Rock, the capital and largest city in Arkansas, Fayetteville is easily accessible via major highways and is part of the larger Northwest Arkansas metro area.
The city is home to the University of Arkansas, which greatly influences its economy and culture. This prestigious university draws students and visitors from around the world, contributing to the demand for short-term rentals, especially during events like graduation ceremonies and Razorback football games. University of Arkansas
Nature enthusiasts are attracted to Fayetteville’s proximity to the Ozark Mountains and numerous parks and trails, including the scenic Razorback Regional Greenway. The city boasts the impressive Botanical Garden of the Ozarks, featuring twelve themed gardens and a butterfly house. Botanical Garden of the Ozarks
Downtown Fayetteville is known for its historic district, offering a vibrant nightlife, dining, and shopping experience. The Fayetteville Farmers' Market, located on the downtown square, provides a local cultural touchpoint and is a popular attraction for visitors. Fayetteville Farmers' Market
Additionally, the city hosts several annual events, such as the Bikes, Blues & BBQ motorcycle rally, one of the largest in the country, and the Fayetteville Roots Festival, a food and music festival celebrating local cuisine and artists. Bikes, Blues & BBQ | Fayetteville Roots Festival
For visitors seeking unique experiences, the Walton Arts Center presents a range of performances from Broadway shows to local acts, contributing to the cultural richness of Fayetteville. Walton Arts Center
In summary, Fayetteville’s appealing blend of cultural, academic, and natural attractions, along with its strategic location, make it an attractive destination for short-term rentals. Visitors have ample opportunities to explore its historic downtown, engage in outdoor adventures, and participate in various community events, solidifying its reputation as a dynamic and welcoming city.