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HomeMy WebLinkAboutShort-Term Rentals UPDATE: Short-Term Rentals (STRs) Renton City Council Committee of the Whole August 5, 2019 1 1 Business License: Required if an owner advertises an entire dwelling or one or more rooms for a rental period less than 30 days. Owner-Occupancy: The dwelling must be owner-occupied if individual guest rooms are rented (or anything less than the whole unit). Maximum Number of Guests: The number of guests is limited to two per bedroom. Off-Street Parking: Off-street parking must be provided pursuant to Title IV RMC. One additional space is required if the unit is owner-occupied. Safety Regulations: Compliance with International Fire Code and Prevention Regulations (RMC 4-5-070), and required to have safety sign/map in each bedroom that shows the location of fire extinguishers, gas shut-off valves, and exits. Property Maintenance: Compliance with International Property Maintenance Code (RMC 4-5-130). STR Requirements 2 2 Short-term Rentals in Renton As of July 2019, there are an estimated 237 STRs in Renton, most of which (>90%) are rented through AirBnB. AirBnB collects and remits sales tax and hotel/motel tax Source: “Host Compliance” 3 (70 entire houses, which equates to 0.18% of SFHs) 3 Notice sent to: AirBnB VRBO HomeToGo STR Notice 4 4 STR Data Source: “Host Compliance” 5 0.8% of all single family houses 5 Third-Party Compliance Services 6 6 Thank You 7 7