Short-term rentals (STRs) in Wyoming are legal but subject to specific local regulations that vary by jurisdiction, with the most prominent oversight from the Wyoming Department of Revenue, especially regarding tax collection. Typically referred to as “vacation rentals,” these STRs thrive in rural areas, particularly among cabins and lodges near national parks like Yellowstone, catering primarily to tourists seeking outdoor experiences. In urban areas, properties like apartments and homes are less common for short-term rentals. The market is largely driven by tourism, with significant demand during the summer and fall seasons. In Wyoming, hosts must adhere to regulations that include obtaining licenses and complying with local zoning laws, and they are also required to collect a uniform vacation rental sales tax of 4% and a lodging tax of 5% on rental transactions for stays of fewer than 30 days. For further details, visit the Wyoming Department of Revenue's page on short-term rentals and Hostaway's overview.
In Rhode Island, short-term rentals are also legal but require registration with the Rhode Island Department of Business Regulation. The state treats short-term rentals as “residential short-term rentals,” and they must meet safety and health regulations, including annual registration and proof of basic safety measures. These rentals, often seen in urban settings like Providence and Newport, cater mainly to tourists exploring the state's coastal attractions, as well as some business travelers during events and conventions. Market demand fluctuates seasonally, with the summer months being particularly busy. Those operating STRs are expected to pay a registration fee, and specific cities have their own additional requirements, especially in residential zones where rentals may be restricted unless the property serves as the owner's primary residence. More information can be found on the official Rhode Island website regarding short-term rentals and the FAQs for STRs.