Short-term rentals, commonly referred to as "vacation rentals" in Waverly, Nebraska, are legal but regulated by local ordinances. The Waverly Municipal Code outlines specific requirements and permits for property owners interested in operating these rentals, particularly focusing on compliance with zoning laws and health standards. Properties such as houses and small cottages are particularly popular for short-term rentals, often catering to tourists visiting nearby attractions or seeking accommodations during events in the greater Lincoln area. The rental market in Waverly tends to be more tourist-focused, especially during the warmer months, although business travelers may also seek out short-term rentals for convenience to local services and amenities. The City of Waverly’s Building and Zoning Department oversees short-term rental regulations. More information can be found on the official website at <UrlSource url="https://www.citywaverly.com/">.