A review of data analytics revealed that there are 425 non-permitted short-term rentals in the city of Vancouver
Spencer Pauley
The Center Square Washington
The Vancouver City Council approved a short-term rental ordinance that requires short-term rental operators to obtain a business license and a short-term rental permit.
The operators will be required to pay $50 for the business license and $250 for the permit. Applicants will have to apply for a one-time permit by Feb. 15, 2024.
Prior to the recently passed ordinance, the city’s land use and development code did not allow short-term rentals in residential zones except as expressly authorized under the bed-and-breakfast provisions.
The approved short-term rental regulations will be implemented for a 24-month pilot period to assess effectiveness and determine what changes may be needed in the future, according to the city.
During the 24-month pilot period, the city will look to achieve the goals of limiting the total number of short-term rentals to no more than 870 units, which is the equivalent to 1% of the city’s current total housing stock at the time of adoption.
The city also seeks to exclude short-term rentals from any development receiving the multifamily tax exemption incentive.
“Implementation of a regulated and permitted [short-term rental] program allows the city to monitor compliance with all city and state regulations,” Vancouver Development Review Manager Jason Nortz said in a statement. “The regulations give us the ability to inspect any [short-term rentals] to ensure it complies with all regulations.”
Over the last decade, the city has seen a growing number of Airbnb’s – a well-known short-term rental web service. A review of data analytics revealed that there are 425 non-permitted short-term rentals in the city of Vancouver.
The median nightly rental rate in Vancouver is $118, according to the ordinance.
This report was first published by The Center Square Washington.
Also read:
- Facing $10B in budget overspending, Washington considers $1.4B state worker pay hikeWashington faces a $10B budget shortfall, considering a $4B worker pay hike.
- 15-year-old earns Eagle Scout after repairing abandoned playgroundTeen Preston Aarhus earns Eagle Scout after revitalizing Vancouver playground.
- POLL: How would you rate the accessibility of Vancouver city officials for addressing community concerns?How accessible are Vancouver city officials to community concerns?
- Budget leader says funding for programs and services is safe, concern is demand for billions in new spendingSen. Lynda Wilson highlights safe funding for services despite looming demands for billions in new spending.
- After evading repeal, will Washington expand its capital gains tax to lower incomes?One member of a prominent Washington think tank suspects lawmakers are considering modifying the capital gains tax to generate more revenue for state coffers Brett DavisThe Center Square Washington A general income tax in Washington state appears to be off the table for now, even as voters retained the state’s capital gains tax by failing …
- Opinion: New audit offers another reason lawmakers should leave the state’s paid-leave program behindElizabeth New (Hovde) critiques Washington’s Paid Family and Medical Leave program, highlighting audit findings of double-dipping and program inefficiencies.
- Opinion: WA turns redder, despite faulty media reports that said otherwiseWAGOP highlights gains in Washington’s November 2024 election, challenging claims the state turned “bluer.”