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  4. Lake Charles

Lake Charles, Louisiana

Short-Term Rental Market Data & Investment Analysis

Lake Charles, Louisiana Short-Term Rental Market Overview

Population: 77,000
Annual Visitors: Still gathering data
Total STRs: 545
ADR: $155.00

Visitor Profile

Lake Charles, Louisiana, attracts approximately 1.5 million annual visitors, making it a vibrant hub for tourism in Southwest Louisiana. The visitor demographics reveal a diverse mix, with a significant portion being families and couples aged 25-54. The primary reasons for visiting include leisure activities, cultural experiences, and events such as the Louisiana Pirate Festival. The economic impact of tourism in the region is substantial, contributing over $500 million annually to the local economy, which underscores the importance of this sector for Lake Charles. Visitors are drawn to the area’s unique blend of outdoor adventures, gaming, and rich cultural heritage, making it a compelling destination for various traveler segments.

A comprehensive analysis of Lake Charles tourism statistics indicates that the majority of visitors come from neighboring states, particularly Texas and Louisiana. The average length of stay is around 2.5 nights, with peak seasons occurring during spring and fall, coinciding with major festivals and events. According to the tourism bureau, the region’s hospitality sector has seen a steady increase in occupancy rates, reflecting the growing interest in Lake Charles as a travel destination. The main attractions include outdoor activities, museums, and nightlife, all of which cater to the diverse interests of visitors. For more detailed insights, the official travel guide of Southwest Louisiana provides a wealth of information on attractions and visitor demographics (https://www.visitlakecharles.org). Additionally, the impact of tourism in the region highlights its significance for local businesses and the economy (https://www.visitlakecharles.org/about-us/impact-of-tourism/). Overall, Lake Charles presents a dynamic tourism market with promising growth potential for STR operators and local stakeholders.

Top Attractions

Lake Charles, Louisiana, is a vibrant city that offers a delightful mix of culture, outdoor activities, and family-friendly attractions. Known for its stunning landscapes and rich heritage, Lake Charles is home to several signature attractions that cater to a variety of interests. Visitors can explore the beautiful parks, engage with local art, or enjoy the lively atmosphere of the waterfront. Whether you’re looking for a relaxing day outdoors or an educational experience, Lake Charles has something for everyone. Discover the unique charm of this city and its top attractions that promise to make your visit unforgettable.

One of the must-see attractions in Lake Charles is the Creole Nature Trail Adventure Point. This interactive visitor center serves as a gateway to the Creole Nature Trail, where you can explore the stunning wetlands and diverse wildlife of Southwest Louisiana. The center offers educational exhibits and information on outdoor activities, making it a perfect starting point for your adventure. For more details, visit https://www.visitlakecharles.org/things-to-do/.

Another highlight is the Lake Charles Museum of Natural History, which showcases the region’s natural and cultural history. With engaging exhibits and artifacts, the museum provides insights into the area’s ecology and heritage, making it a great spot for families and history enthusiasts alike. Learn more at https://www.visitlakecharles.org/.

For those seeking outdoor fun, the beautiful Millennium Park offers a scenic setting for picnics, walking, and enjoying the playgrounds. This park is perfect for families and features a splash pad for kids to cool off during warm days.

To plan your visit and discover more Lake Charles attractions, check out the official travel guide at https://www.visitlakecharles.org/. With a variety of things to do in Lake Charles, you are sure to create lasting memories in this charming Louisiana city.

Regulations

Lake Charles, Louisiana, has established specific regulations governing short-term rentals to ensure safety, compliance, and community standards. Property owners looking to operate short-term rentals must obtain a permit from the city, which involves meeting certain zoning requirements. Additionally, short-term rental operators are required to collect and remit a 4% occupancy tax on rental income, which contributes to local tourism and infrastructure. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental operation. For those interested in the details of Lake Charles short-term rental regulations, it is essential to familiarize yourself with the necessary steps and obligations to operate legally and successfully.

Key regulatory information for short-term rentals in Lake Charles includes obtaining a permit, which is mandatory for all operators. The city enforces zoning restrictions that dictate where short-term rentals can be located, ensuring they are in appropriate areas. Safety requirements, including smoke detectors and emergency exits, must be met to protect guests. Failure to comply with these regulations can result in penalties, including fines or revocation of the rental permit. Property owners should stay informed about any updates to the regulations by consulting official sources. For comprehensive legal guidelines, refer to the Louisiana Laws provided by the Louisiana State Legislature at https://www.legis.la.gov/legis/LawPrint.aspx?d=286138. It is advisable for property owners to regularly check local ordinances to remain compliant with Lake Charles short-term rental regulations.

Vacation Rental Market Overview for Lake Charles

Lake Charles attracts visitors with its cultural attractions and historic sites and outdoor recreation and natural beauty. 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.

Lake Charles, Louisiana Market Performance Trends

LTM Avg. Daily Rate$156.00
LTM Occupancy Rate50.0%
LTM Avg. Revenue$1,678

Short-Term Rental Market Performance Analysis for Lake Charles

The short-term rental market in Lake Charles 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: strong seasonal variation with peak summer demand

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

Lake Charles, Louisiana Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:63% Booked
  • 4-6 Months:54.2% Booked
  • 7-9 Months:39.7% Booked
  • 10-12 Months:2.7% 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 Lake Charles

Lake Charles 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 flexible booking policies attracting last-minute travelers. 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.

Lake Charles, 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 Lake Charles

    The vacation rental market in Lake Charles 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 a balanced mix of entire homes and private rooms. 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.

    More Locations In Louisiana

    • Alexandria
    • Anacoco
    • Baton Rouge
    • Broussard
    • Cameron
    • Carencro
    • Covington
    • Dulac
    • Florien
    • Franklinton
    • Homer
    • Keithville
    • Lafayette
    • Lake Arthur
    • Madisonville
    • Many
    • Metairie
    • Mooringsport

    Related Short-Term Rental Markets

    Explore 28 vacation rental markets within Louisiana. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

    Related

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    Get instant revenue projections for any property in Lake Charles.

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    Table of Contents

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    Quick Facts: Lake Charles

    Active STRs
    545
    Avg Daily Rate
    $155
    Occupancy Rate
    57%
    Population
    77,000

    Markets in Louisiana (28)

    • Alexandria
    • Anacoco
    • Baton Rouge
    • Broussard
    • Cameron
    • Carencro
    • Covington
    • Dulac
    • Florien
    • Franklinton
    • Homer
    • Keithville
    • Lafayette
    • Lake Arthur
    • Madisonville
    • Many
    • Metairie
    • Mooringsport
    • New Orleans
    • Saint Amant
    • Saint Bernard
    • Saint Joseph
    • Shreveport
    • Slidell
    • Springfield
    • Ventress
    • West Monroe
    • Youngsville

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