Biloxi, Mississippi Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 813
ADR: $216.84

Visitor Profile

Biloxi, Mississippi, attracts approximately 5 million visitors annually, making it a vibrant hub for tourism along the Gulf Coast. The city’s visitor demographic is diverse, with a significant portion being families, couples, and retirees, primarily from nearby states such as Louisiana, Alabama, and Texas. The primary reasons for visiting include enjoying the area’s renowned casinos, beautiful beaches, and rich cultural heritage. The economic impact of tourism in Biloxi is substantial, contributing over $1 billion to the local economy, which underscores the importance of this sector for job creation and community development.

In terms of visitor statistics, Biloxi sees a mix of leisure and business travelers, with about 60% of visitors coming for recreational purposes and 40% for business-related activities. The average length of stay is around 2.5 nights, with peak seasons occurring during the summer months and major holidays, when hotel occupancy rates can soar to over 85%. According to the Biloxi Bay Area Chamber of Commerce (https://www.biloxibayareachamber.org/visitor-information/), the city’s attractions, including the 12 Best Things To Do In Biloxi (https://www.southernliving.com/travel/mississippi/biloxi-ms), draw significant crowds, further enhancing the area’s appeal.

Visitor behavior insights reveal that many tourists engage in multiple activities, from dining at local seafood restaurants to exploring historical sites, which increases their overall spending. The blend of entertainment, culture, and natural beauty positions Biloxi as a key player in the regional tourism market, making it essential for STR operators to align their offerings with visitor preferences and seasonal trends.

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Top Attractions

Biloxi, Mississippi, is a vibrant coastal city known for its stunning beaches, rich history, and diverse attractions. Visitors can immerse themselves in a variety of experiences, from exploring the fascinating maritime culture to enjoying the lively casino scene. Signature attractions like the Biloxi Lighthouse and the Maritime and Seafood Industry Museum offer a glimpse into the city’s unique heritage. Whether you’re seeking family-friendly activities, outdoor adventures, or cultural experiences, Biloxi has something for everyone, making it a must-visit destination in the Gulf Coast region.

One of the top attractions in Biloxi is the Biloxi Lighthouse, a historic symbol of the city since 1848. Standing at the entrance of Biloxi Bay, this iconic structure is one of the few lighthouses in the country that is still operational. Visitors can learn about its history and enjoy picturesque views of the coastline. For more information, check out the official visitor guide at Visit Mississippi (https://visitmississippi.org/things-to-do/attractions/).

Another must-see is the Maritime and Seafood Industry Museum, which showcases the rich maritime heritage of the Gulf Coast. The museum features exhibits on local fishing, boatbuilding, and the seafood industry, making it a fascinating stop for families and history buffs alike. More details can be found at McCool Travel (https://www.mccooltravel.com/things-to-do-in-biloxi-mississippi/).

For those looking to enjoy the outdoors, the beautiful beaches of Biloxi offer sunbathing, swimming, and water sports. The sandy shores provide a perfect backdrop for relaxation and fun. To explore more attractions in Biloxi, visit Southern Living (https://www.southernliving.com/travel/mississippi/biloxi-ms). With so many Biloxi attractions to discover, your visit promises to be filled with unforgettable experiences.

Regulations

Biloxi, Mississippi, is a vibrant coastal city that attracts numerous visitors, making it an appealing location for short-term rentals. However, property owners must navigate a series of regulations to operate legally. Biloxi short-term rental regulations require owners to obtain a business license and adhere to specific zoning laws. Additionally, property owners are responsible for collecting and remitting a 7% lodging tax on rentals. Compliance with safety standards, including smoke detectors and fire extinguishers, is also mandatory. Understanding these requirements is crucial for anyone looking to capitalize on the short-term rental market in Biloxi.

To operate a short-term rental in Biloxi, property owners must first secure a business license from the city, which helps ensure compliance with local laws. The city enforces zoning restrictions that dictate where short-term rentals can operate, typically limiting them to certain residential areas. Owners must also collect a 7% lodging tax on rental income, which must be submitted to the state by the 20th of the month following the rental period. Safety regulations mandate that properties meet specific health and safety standards, including the installation of smoke detectors and fire extinguishers. Failure to comply with these regulations can result in penalties, including fines and potential revocation of the rental license. For more detailed information, visit the Harrison County official site (https://harrisoncountyms.gov/goverment/circuit_clerk/city_of_biloxi.php) and the Advisory Council on Historic Preservation for Biloxi (https://www.achp.gov/preserve-america/community/biloxi-mississippi). Understanding and adhering to these Biloxi short-term rental regulations is essential for success in this competitive market.

Vacation Rental Market Overview for Biloxi

Biloxi attracts visitors with its beaches and waterfront activities and family-friendly attractions. 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.

Biloxi, Mississippi Market Performance Trends

LTM Avg. Daily Rate$195.00
LTM Occupancy Rate41.2%
LTM Avg. Revenue$1,829

Short-Term Rental Market Performance Analysis for Biloxi

The short-term rental market in Biloxi 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: year-round stability with consistent occupancy

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

Biloxi, Mississippi Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$227,512
  • Median Sale Price:$245,507
  • Median List Price:$291,500

Current Inventory

  • Homes For Sale:354
  • New Listings:75

Detailed Market Analysis

The average home value in Biloxi, MS is $227,513, up 0.9% over the past year. Learn more about the Biloxi housing market and real estate trends.

Real Estate Market Analysis for Biloxi, Mississippi

The residential real estate market in Biloxi, Mississippi presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential 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 Biloxi, Mississippi benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Biloxi, Mississippi Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:62.8% Booked
  • 4-6 Months:56.5% Booked
  • 7-9 Months:29.1% Booked
  • 10-12 Months:3.1% 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 Biloxi

Biloxi 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 structured minimum stays optimizing for weekly rentals. 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.

Biloxi, Mississippi 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 Biloxi

    The vacation rental market in Biloxi 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 predominantly entire home rentals catering to families. 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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    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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