Hattiesburg, Mississippi Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 266
ADR: $152.33

Visitor Profile

Hattiesburg, Mississippi, is a vibrant destination attracting a diverse range of visitors, with annual tourism statistics showing a significant influx of approximately 1.5 million visitors each year. The key demographic highlights include families, young professionals aged 25-44, and retirees, who are drawn to the area for various reasons. The primary purposes for visiting Hattiesburg include leisure travel, business trips, and educational pursuits, particularly due to the presence of institutions like the University of Southern Mississippi. The economic impact of tourism in Hattiesburg is notable, contributing significantly to local businesses and the overall economy, as part of Mississippi’s record 43.7 million visitors in 2023, which generated $17.5 billion in economic contributions (https://governorreeves.ms.gov/mississippi-welcomes-record-43-7-million-visitors-in-2023-new-economic-impact-study-highlights-tourisms-17-5-billion-contribution/).

In terms of comprehensive visitor analysis, Hattiesburg’s annual visitor numbers reflect a mix of leisure and business travelers. The primary demographics indicate a balanced mix of families and young professionals, with many visitors seeking outdoor activities, cultural experiences, and historical attractions. The average length of stay is around two to three nights, with peak seasons occurring in spring and fall, aligning with local festivals and events. According to the tourism bureau, visitors are often drawn to the area’s parks, museums, and vibrant arts scene (https://www.visithburg.org/things-to-do/). This influx of visitors leads to increased hotel occupancy rates, particularly during major events, which can reach up to 80%. Understanding these visitor demographics and travel patterns is essential for STR operators to effectively cater to the needs of this diverse clientele while maximizing economic benefits for the community.

Top Attractions

Hattiesburg, Mississippi, is a vibrant city that offers a delightful mix of cultural, historical, and outdoor attractions, making it an ideal destination for visitors seeking diverse experiences. From the lush landscapes of parks to the rich heritage found in museums, Hattiesburg attractions cater to all interests. Families can enjoy the interactive exhibits at the Hattiesburg Zoo, while art enthusiasts will appreciate the Hattiesburg Cultural Center. Nature lovers can explore the scenic trails at Paul B. Johnson State Park. With so much to see and do, Hattiesburg is a city that invites exploration and adventure.

One of the top attractions in Hattiesburg is the Hattiesburg Zoo, which features over 100 species of animals and offers a fun, educational experience for visitors of all ages. The zoo is dedicated to conservation and provides engaging programs that highlight wildlife preservation. For more information, visit the official website at https://www.visithburg.org/things-to-do/attractions/.

Another must-see is the African American Military History Museum, located in the historic 5th District School building. This museum showcases the contributions of African American soldiers throughout U.S. history and features a variety of exhibits that tell their stories. Learn more about this important cultural site at https://www.visithburg.org/things-to-do/attractions/.

For those who enjoy the outdoors, Paul B. Johnson State Park offers a beautiful setting for hiking, fishing, and picnicking. With its serene lakes and wooded areas, it’s a perfect spot for families and nature enthusiasts alike. Discover more about the park at https://www.visithburg.org/things-to-do/.

Lastly, the Hattiesburg Cultural Center provides a platform for local artists and hosts various exhibitions and performances throughout the year. This center is a hub for creativity and community engagement. Explore more about Hattiesburg’s cultural offerings at https://www.visithburg.org/things-to-do/.

Whether you’re exploring Hattiesburg attractions or looking for Hattiesburg things to do, this city has something for everyone.

Regulations

Hattiesburg, Mississippi, has established specific regulations for short-term rentals to ensure compliance, safety, and community standards. Property owners looking to operate short-term rentals must obtain a permit from the city, which involves submitting an application and paying a fee. Additionally, short-term rental operators are required to collect and remit a 7% hotel/motel tax on rental income. Zoning restrictions apply, meaning that not all residential areas may permit short-term rentals, so it’s crucial to verify local zoning laws before proceeding. Safety requirements, such as smoke detectors and carbon monoxide alarms, must also be met. Understanding these regulations is essential for property owners to avoid penalties and ensure a smooth rental operation.

To operate a short-term rental in Hattiesburg, property owners must first apply for a short-term rental permit through the city’s planning department. The application process includes a fee, which is typically around $100, and a review of the property’s compliance with local zoning laws. The city enforces specific zoning regulations that dictate where short-term rentals can be located, primarily to maintain the character of residential neighborhoods. Safety requirements include ensuring that the property meets fire safety codes and has adequate emergency exits. Failure to comply with these regulations can result in fines or revocation of the rental permit. For more detailed information on the application process and regulations, visit the City of Hattiesburg’s official website (https://www.hattiesburgms.com) and refer to the municipal code (https://library.municode.com/ms/hattiesburg/codes/code_of_ordinances).

Vacation Rental Market Overview for Hattiesburg

Hattiesburg attracts visitors with its outdoor recreation and natural beauty 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.

Hattiesburg, Mississippi Market Performance Trends

LTM Avg. Daily Rate$154.00
LTM Occupancy Rate45.2%
LTM Avg. Revenue$1,735

Short-Term Rental Market Performance Analysis for Hattiesburg

The short-term rental market in Hattiesburg 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.

Hattiesburg, Mississippi Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$214,889
  • Median Sale Price:$236,000
  • Median List Price:$286,000

Current Inventory

  • Homes For Sale:342
  • New Listings:82

Detailed Market Analysis

The average home value in Hattiesburg, MS is $214,890, up 1.4% over the past year. Learn more about the Hattiesburg housing market and real estate trends.

Real Estate Market Analysis for Hattiesburg, Mississippi

The residential real estate market in Hattiesburg, 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 Hattiesburg, 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.

Hattiesburg, Mississippi Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:68.7% Booked
  • 4-6 Months:65.1% Booked
  • 7-9 Months:30.2% Booked
  • 10-12 Months:2.1% 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 Hattiesburg

Hattiesburg 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.

Hattiesburg, 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 Hattiesburg

    The vacation rental market in Hattiesburg 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.

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