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Short-term rentals (STRs) in Waco, Missouri, are legal but closely regulated by the City of Waco's Development Services. These rentals are referred to locally as "short-term rentals" and can exist in several forms, including Bed and Breakfast Homestay Establishments (BBHE), Bed and Breakfast Inns, and various types of STRs based on property types. STRs are particularly successful in properties like single-family houses and multifamily dwellings, often catering to both tourists visiting attractions such as the Waco Mammoth National Monument and business travelers involved with local events. The market sees peaks in demand due to tourism, especially during conventions and holidays. To operate an STR, property owners must obtain a license and may need a special permit depending on their property type and zoning. The City of Waco mandates a hotel occupancy tax, currently set at 15%, which includes a 7% city tax, 6% state tax, and 2% county tax. The regulations, including strict occupancy limits and parking requirements, ensure minimal disruption to residential neighborhoods while promoting a thriving rental market. For more detailed regulations and resources, visit the City of Waco's official short-term rental webpage at.
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