Broussard, Louisiana Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 32
ADR: $181.14

Visitor Profile

Broussard, Louisiana, is a charming destination that attracts a diverse array of visitors each year. While exact annual visitor numbers are not consistently documented, the Lafayette area, which includes Broussard, sees approximately 1.5 million visitors annually. The primary demographics of these visitors include families, couples, and solo travelers, with a significant portion being between the ages of 25 to 54. Many visitors come for leisure, cultural experiences, and events such as the annual Cajun Food Festival, which showcases local cuisine and music. The economic impact of tourism in Broussard is notable, contributing significantly to local businesses and the hospitality sector.

In terms of visitor analysis, Broussard’s tourism statistics reveal that the average length of stay is around two to three days, with peak seasons occurring in the spring and fall when the weather is most favorable. Visitors are drawn to the area for its rich cultural heritage, outdoor activities, and local attractions. According to the tourism bureau, top attractions include parks, music venues, and cultural sites that highlight the unique Cajun and Creole heritage of the region (https://www.lafayettetravel.com/blog/stories/post/top-sights-in-broussard-la/). Additionally, events like the performance by Jules Broussard at Sweetwater Music Hall in June 2024 are expected to draw significant crowds, further enhancing the area’s appeal (https://www.visitmarin.org/event-calendar/2024/june-2024/jules-broussard-at-sweetwater-music-hall/). Understanding these visitor demographics and travel patterns is crucial for STR operators looking to optimize their offerings and cater to the preferences of this vibrant market. For more information, visit Broussard, Louisiana’s Wikipedia page (https://en.wikipedia.org/wiki/Broussard,_Louisiana).

Top Attractions

Broussard, Louisiana, is a charming city that offers a delightful mix of cultural, outdoor, and family-friendly attractions. Nestled just a short drive from Lafayette, Broussard is known for its rich history and vibrant community spirit. Visitors can explore the stunning scenery at the Broussard Sports Complex, perfect for families looking to enjoy a day outdoors. Additionally, the city boasts the fascinating Arceneaux Park, which features walking trails and picnic areas, making it an ideal spot for relaxation and recreation. With a variety of experiences available, Broussard is a hidden gem for those seeking to discover unique attractions in Louisiana.

One of the top attractions in Broussard is the Broussard Sports Complex, a premier facility that caters to sports enthusiasts of all ages. This expansive complex features multiple fields for soccer, baseball, and more, making it a hub for local sports events and activities. For more information, visit the official site at https://www.lafayettetravel.com/blog/stories/post/top-sights-in-broussard-la/.

Another must-see is Arceneaux Park, which offers a serene escape with its beautiful walking trails and well-maintained picnic areas. This park is perfect for families looking to enjoy the outdoors while soaking in the natural beauty of the area.

For those interested in local history, the historic downtown area of Broussard showcases charming architecture and a variety of shops and eateries that reflect the city’s culture. Strolling through these streets provides a glimpse into the past and an opportunity to engage with the local community.

Whether you’re exploring the sports complex, enjoying a day at the park, or wandering through downtown, Broussard attractions offer something for everyone. Discover more about these experiences and plan your visit today at https://www.lafayettetravel.com/blog/stories/post/top-sights-in-broussard-la/.

Regulations

Broussard, Louisiana, has established specific regulations governing short-term rentals to ensure compliance with local laws and community standards. Property owners looking to operate short-term rentals in Broussard must first obtain the necessary permits and licenses. This process typically involves submitting an application to the city, which may require proof of property ownership and adherence to zoning laws. Additionally, short-term rental operators are subject to tax obligations, including local occupancy taxes, which contribute to community services. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For those interested in the specifics of Broussard short-term rental regulations, detailed guidance is available.

Key requirements for operating a short-term rental in Broussard include obtaining a business license from the city, which is essential for legal operation. Property owners must also comply with local zoning restrictions, ensuring that their rental properties are located in designated areas for such activities. Safety requirements, such as smoke detectors and fire extinguishers, are mandatory to protect guests. Failure to adhere to these regulations can result in penalties, including fines or revocation of the rental permit. For more information on the regulations affecting short-term rentals in Broussard, property owners can visit the Louisiana Office of State Examiner at https://ose.louisiana.gov/jurisdictions/broussard/ for comprehensive details on licensing and compliance requirements. Understanding these regulations will help ensure a successful and lawful rental operation in Broussard.

Vacation Rental Market Overview for Broussard

Broussard attracts visitors with its urban amenities and entertainment and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Broussard, Louisiana Market Performance Trends

LTM Avg. Daily Rate$184.00
LTM Occupancy Rate50.0%
LTM Avg. Revenue$1,913

Short-Term Rental Market Performance Analysis for Broussard

The short-term rental market in Broussard demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: emerging growth market with increasing demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Broussard, Louisiana Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$277,071

Current Inventory

  • Homes For Sale:82
  • New Listings:24

Detailed Market Analysis

The average home value in Broussard, LA is $277,071, up 0.3% over the past year. Learn more about the Broussard housing market and real estate trends.

Real Estate Market Analysis for Broussard, Louisiana

The residential real estate market in Broussard, Louisiana presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.

Real estate investments in Broussard, Louisiana benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Broussard, Louisiana Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:60.6% Booked
  • 4-6 Months:72.7% Booked
  • 7-9 Months:28.6% Booked
  • 10-12 Months:0% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Broussard

Broussard vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Broussard, Louisiana Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Broussard

    The vacation rental market in Broussard features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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