Annapolis, Maryland Short-Term Rental Market Overview
Visitor Profile
Annapolis, Maryland, attracts approximately 1.5 million visitors annually, making it a vibrant hub for tourism. The city is characterized by a diverse demographic, with a significant portion of visitors aged 25 to 54, representing about 60% of the total. Families, couples, and solo travelers frequent the area, primarily drawn by its rich maritime history, cultural attractions, and outdoor activities. Economic impact from tourism in Annapolis is substantial, contributing over $300 million to the local economy each year. The city’s unique blend of historical charm and modern amenities positions it as a must-visit destination on the East Coast.
Key visitor statistics reveal that the average length of stay in Annapolis is approximately 2.5 nights, with peak seasons occurring during the summer months and fall, particularly around the United States Naval Academy events and local festivals. According to the Maryland Tourism Coalition (https://mdtourism.org/), visitors often cite sightseeing, dining, and shopping as their primary reasons for visiting. The city’s reputation as a “museum without walls” enhances its appeal, as tourists explore its historic sites and waterfront views, as noted in CNN’s feature on Annapolis (https://www.cnn.com/travel/annapolis-maryland-best-towns-america-2025). Furthermore, the visitor demographics indicate a growing interest in eco-tourism and outdoor recreational activities, aligning with the city’s natural landscapes and waterfront access. STR operators can capitalize on these trends by offering tailored experiences that cater to the diverse interests of visitors, ensuring a memorable stay in this picturesque maritime city. For more information on attractions and activities, the official tourism site provides a comprehensive guide (https://www.visitannapolis.org/things-to-do/).
Top Attractions
Annapolis, Maryland, is a charming city brimming with history, culture, and stunning waterfront views. As the state capital, it offers visitors a unique blend of attractions that highlight its rich maritime heritage and vibrant arts scene. Among the must-see sites are the United States Naval Academy, where you can explore the storied halls of one of the nation’s premier military institutions, and the Maryland State House, the oldest state capitol still in continuous legislative use. Whether you’re strolling along the picturesque streets of the historic district or enjoying the scenic views of the Chesapeake Bay, Annapolis promises a variety of experiences that cater to all interests.
One of the top attractions in Annapolis is the United States Naval Academy. Visitors can take guided tours to learn about the academy’s history and its role in shaping naval leaders. The beautiful campus features stunning architecture and the iconic Naval Academy Chapel. For more information, visit the official site at https://www.usna.edu. Another highlight is the Maryland State House, where you can delve into Maryland’s legislative history and admire the impressive dome. More details can be found at https://msa.maryland.gov/msa/homepage/html/statehouse.html.
For those seeking outdoor activities, the Annapolis Waterfront Park offers a serene escape with walking paths and views of the harbor. It’s a perfect spot for a leisurely stroll or a picnic. Families will enjoy the Banneker-Douglass Museum, which showcases African American heritage and history in Maryland. To explore more attractions and plan your visit, check out the official visitor guide at https://www.visitannapolis.org/things-to-do/. With so much to see and do, Annapolis is a destination that captivates every traveler.
Regulations
Annapolis short-term rental regulations are designed to ensure safety, compliance, and community harmony for property owners and guests alike. If you are considering renting out your property in Annapolis, it is crucial to understand the local laws governing short-term rentals. The city requires property owners to obtain a rental license, which involves submitting an application and meeting specific safety and zoning standards. Additionally, short-term rental operators must collect and remit a 6% hotel tax, which is due quarterly. Understanding these regulations not only helps you avoid penalties but also enhances the experience for your guests. For more detailed guidance, read on.
To operate a short-term rental in Annapolis, property owners must first secure a rental license. This process includes submitting an application through the Short Term Rental Portal, which can be accessed at https://www.annapolis.gov/1792/Short-Term-Rental-Portal-Citizen-Self-Se. The city enforces zoning restrictions that limit where short-term rentals can operate, ensuring they align with residential areas. Safety requirements also play a crucial role; properties must comply with health and safety codes, including smoke detectors and carbon monoxide alarms. Failure to adhere to these regulations can result in penalties, including fines or revocation of the rental license. For comprehensive details on licensing requirements, visit https://www.annapolis.gov/1065/Rental-Licenses. By familiarizing yourself with Annapolis short-term rental regulations, you can successfully navigate the rental landscape while contributing positively to the community.
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Vacation Rental Market Overview for Annapolis
Annapolis 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.
Annapolis, Maryland Market Performance Trends
Short-Term Rental Market Performance Analysis for Annapolis
The short-term rental market in Annapolis 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: mature market with optimized pricing patterns
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Annapolis, Maryland Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$619,951
- Median Sale Price:$616,583
- Median List Price:$686,631
Current Inventory
- Homes For Sale:341
- New Listings:138
Detailed Market Analysis
Real Estate Market Analysis for Annapolis, Maryland
The residential real estate market in Annapolis, Maryland presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: established neighborhoods, community amenities, and transportation accessibility These factors contribute to the overall market performance and future growth potential.
Real estate investments in Annapolis, Maryland 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.
Annapolis, Maryland Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:66.5% Booked
- 4-6 Months:63.1% Booked
- 7-9 Months:30.5% Booked
- 10-12 Months:4.4% 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 Annapolis
Annapolis 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 balanced approach between flexibility and stability. 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.
Annapolis, Maryland Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Annapolis
The vacation rental market in Annapolis 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 concentration in 2-3 bedroom properties ideal for small groups. 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.
