Fort Worth Market Overview for Airbnb Investors
For Property Investors, Prospective Hosts, and Homeowners to compare with traditional property management options
City of Fort Worth - Airbnb Regulations
Updated December 2022
Where are STR's currently allowed?
Mixed-use and most form-based districts, commercial and industrial districts with a Certificate of Occupancy from the Development Services Department. They are not allowed in residential districts, such as single-family, two-family and multi-family areas.
Potential Zoning Changes for 2023
1. Current Ordinance - the city will require a zoning change for STRs in residential zoning to PD Planned Development, mixed-use or commercial zoning.
2. Treat owner-occupied STRs as Bed and Breakfast Homes. This would require a conditional use permit with a 5 year limit. Not allowed in single-family zoning but would be allowed in 2-family and multi-family with a 400 ft. seperation.
3. Allow owner-occupied STRs by conditional use permit in all residential districts up to 5%-10% of block or multifamily building. Continue to require zoning change for all others.
4. Allow owner-occupied STRs by right in certain neighborhoods or citywide, up to 5-10% of block or multifamily building and fewer than 30 booking nights per year. Require a conditional use permit or zoning change for all others.
It is too early currently to know which of the four they will decide but we will update this page as soon as we have additional information!
Fort Worth TX Airbnb Market
Analysis & Stats
#12
On Top Cities in the U.S. for Airbnb Investing
$20k
Average Annual Profit Per Property
$174
Average Nightly Rate
65%
Average Occupancy Rate
25%
Pool Included
1,682
Active Rentals
68%
Listed on Airbnb
32%
Listed on VRBO
1 Bedroom
Most Common Rental Size
4%
Quarterly Rental Growth
Fort Worth Airbnb Taxes
Full Breakdown
Texas State Tax
6%
The State of Texas charges a 6% hotel occupancy tax across the board. This tax is handled automatically via Airbnb.
City of Fort Worth Hotel Occupancy Tax
9%
The City of Fort Worth charges a 9% hotel occupancy tax across the board on Airbnb’s. This tax is not handled automatically through the Airbnb platform and must be paid directly to the city monthly via MUNIRevs.
City of Fort Worth Ordinance
Important Mention
Per city ordinance, Fort Worth currently does NOT allow short term rentals or Airbnb’s. However, this ordinance has not been enforced and there are currently 1200+ listings active. Things can change frequently though and we will keep an eye on the situation and update when more information becomes available.
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