Hayward, Wisconsin Short-Term Rental Market Overview

Population: 2,533
Annual Visitors: Still gathering data
Total STRs: 450
ADR: $234.33

Visitor Profile

Hayward, Wisconsin attracts a diverse range of visitors, primarily outdoor enthusiasts and leisure travelers seeking both adventure and relaxation in the Northwoods. Nature lovers are drawn to its extensive hiking, paddling, and fishing opportunities, especially around popular spots like the Hayward Lakes Area, which is renowned for its outdoor recreation and family-friendly vacations. Many visitors come to experience the tranquility of the region’s forests, lakes, and parks, while others are interested in seasonal sports such as skiing at major events like the American Birkebeiner. This audience values authentic, nature-based experiences, including wildlife viewing, boating, and exploring local heritage.

For those seeking cultural or historical enrichment, Hayward offers attractions like museums, art galleries, and living history sites, blending educational opportunities with outdoor fun. Short-term rental hosts should focus on attracting guests who prioritize outdoor activities and local exploration, providing easy access to scenic trails, fishing spots, and engaging local events. The region’s appeal as a scenic, adventure-filled escape is central to its visitor profile, making it an ideal destination for adventure seekers, families, and rejuvenating nature lovers alike.

Top Attractions

Nestled in the scenic Northwoods of Wisconsin, Hayward offers an array of attractions that appeal to nature lovers and adventure seekers alike. One of the area’s most prominent draws is the vast and pristine outdoor landscape, featuring miles of hiking, biking, skiing, and snowshoeing trails, especially within the Chequamegon National Forest. Visitors can indulge in fishing, boating, and kayaking on the many lakes, with Hayward renowned for its world-class musky fishing competitions and local water recreational activities. The charming downtown area invites travelers to explore local shops, dine at cozy eateries, and enjoy cultural experiences such as the Lumberjack World Championships, which celebrate the region’s logging heritage.

Beyond outdoor pursuits, Hayward is known for its quirky roadside attractions and engaging museums that highlight local history and unique Wisconsin culture. Visitors can explore imaginative roadside stops, historic sites like old logging museums, and participate in educational programs that emphasize naturalist-guided adventures, bird watching, and family-friendly activities. The community’s vibrant festivals, scenic drives, and opportunities for hunting, camping, and golfing make Hayward a versatile destination for those seeking both relaxation and excitement in a stunning natural setting.

Regulations

Short-term rental hosts in Hayward, Wisconsin, should anticipate regulatory oversight typical of many municipalities seeking to balance tourism benefits with community integrity. While specific rules may vary, hosts often navigate requirements around licensing, zoning, safety standards, and tax compliance. Understanding these aspects can help ensure a smooth operation of a short-term rental property within Hayward’s jurisdiction, though detailed and current guidelines require direct consultation of local municipal resources.

Key Regulatory Considerations:

Licensing and Permits: Hayward likely mandates obtaining proper permits or licenses to legally operate a short-term rental. This process typically involves submitting an application to the city or county’s responsible department, possibly the planning or licensing office. Fees and renewal schedules, if applicable, are generally part of this process.

Primary Residence Requirements: Regulations may include stipulations on whether the rental property must be the host’s primary residence or if investment properties are eligible. There may be limits on the number of days per year a property can be rented short-term.

Zoning and Location: Short-term rentals are often restricted to specific zoning districts. Hayward’s zoning code may designate which residential or commercial areas permit STR activity, influencing where hosts can offer accommodations.

Occupancy, Health & Safety: The city likely enforces occupancy limits to prevent overcrowding. Compliance with health and safety standards such as smoke detectors, carbon monoxide alarms, fire extinguishers, and emergency exit access is standard.

Tax Obligations: Hosts are usually required to collect and remit transient occupancy taxes or similar lodging taxes. Proper registration with tax authorities and regular filing might be necessary.

Operational Standards & Enforcement: Rules regarding noise, guest behavior, advertising standards, and neighborhood impact are common. Non-compliance could lead to penalties including fines or revocation of rental licenses.

Given the importance of compliance and the potential nuances in local ordinances, hosts in Hayward should consult authoritative sources directly. For the most current and legally binding information, property owners should consult the City of Hayward’s Official website or contact relevant city departments to access explicit STR regulations, application forms, and guidance.

Hayward, Wisconsin Market Performance Trends

LTM Avg. Daily Rate$257.00
LTM Occupancy Rate43.3%
LTM Avg. Revenue$2,484

Hayward, Wisconsin Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:73.6% Booked
  • 4-6 Months:47.5% Booked
  • 7-9 Months:15.9% Booked
  • 10-12 Months:11.6% Booked

Cancellation Policies

  • Flexible:22.5%
  • Moderate:50%
  • Strict:22.5%
  • Super Strict:5.1%

Minimum Stay

  • 1 Day:35
  • 2 Days:59
  • 3 Days:35
  • 4-6 Days:8
  • 7-29 Days:4
  • 30+ Days:1

Hayward, Wisconsin Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.86 / 5
  • Cleanliness:4.87 / 5
  • Location:4.95 / 5
  • Value:4.79 / 5
  • Accuracy:4.89 / 5
  • Check-in:4.95 / 5
  • Communication:4.94 / 5

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