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In Lafayette Parish, Louisiana, short-term rentals (STRs) are currently legal but are facing stringent regulations established by local ordinances. Effective from April 2024, all STR operators must obtain a permit, with significant restrictions including a complete ban in RS-1 residential neighborhoods starting in October 2024. STRs typically thrive in urban settings, such as apartments and single-family homes, with many properties being utilized for family visits during events like graduations or sports tournaments. The market environment leans more towards serving tourists looking to experience local culture and community, as many visitors prefer the "live like a local" experience offered by STRs. The Lafayette City Council oversees the regulation of these rentals, ensuring compliance with zoning laws and permitting requirements. For more details, visit the Lafayette Tourism Lodging Association’s official site at.
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