Short-term rentals (STRs), commonly known as "transient rental homes" or "TRHs," are currently legal in Madison County, Indiana, but are subject to substantial local regulations. The Madison County government mandates that property owners obtain a conditional use permit to operate such rentals, ensuring they comply with zoning ordinances and property standards. Across the county, rentals like cabins and homes in more rural settings appear to be thriving, likely appealing to both tourists looking for a getaway and business travelers visiting the area. However, it’s essential to note that the city of Madison has recently opted to ban all short-term rentals entirely, reflecting the tension present in local markets regarding such properties. The market dynamics in Madison County largely cater to leisure tourism, drawn by the area's natural attractions and historical sites, though it also encompasses business-related stays. The responsible authority for STR regulation is the Madison County Planning Commission, which oversees zoning regulations. For additional detailed guidelines and requirements, refer to their official site.