Indianapolis
Explore Indianapolis's Market Performance
Get detailed analysis of short-term rental performance and investment potential in Indianapolis. Our analytics platform provides valuable insights to help you make data-driven decisions.
STR Regulations for Indianapolis
Overview of Short-Term Rental Regulations
Short-term rentals (STRs) are ALLOWED in Indianapolis, subject to specific regulations and permitting requirements. As of 2025, the city will implement a mandatory registration system for all short-term rental properties.
Key Regulatory Requirements
Permit and Registration
- A one-time $150 registration fee is required for each short-term rental property
- Registration will become mandatory at the beginning of 2025
- Permits must be renewed annually
- Multiple property owners must obtain a separate permit for each property
Permit Revocation
- The city can revoke an STR permit after three violations of the STR ordinance
How to Start a Short-Term Rental Business
Step-by-Step Process
- Create a Citizen's Access Account through the Department of Business & Neighborhood Services (DBNS)
- Submit a Short-Term Rental Application online
- Pay the $150 registration fee
- Receive permit via email
- Add permit number to your rental listing
Required Documentation
- Proof of property ownership
- Contact information for property owner
- Property details
- Compliance with local zoning regulations
Tax Compliance
State and Local Tax Requirements
- Register with Indiana Department of Revenue
- Obtain a Retail Merchant Certificate
- Collect and remit:
- State sales tax
- Marion County innkeeper's tax
- Taxable charges include:
- Room rates
- Cleaning fees
- Pet fees
- Extra person fees
State-Level Protections
Indiana State Law (2018)
- Protects short-term rental use of primary residences
- Prevents complete bans on short-term rentals
- Limits local government regulation
- Allows local governments to require permits for non-primary residence rentals
Contact Information
Department of Business & Neighborhood Services
- Citizen Access Portal: https://accela9ca.indy.gov/citizenaccess/
- Recommended to contact directly for most up-to-date information
Important Resources
- Indianapolis Short-Term Rental User Guide
- Indiana Department of Revenue Website
- Local zoning office for specific property restrictions
Disclaimer
Regulations can change. Always verify current requirements with local authorities and consider consulting a local legal professional specializing in short-term rental regulations.
Photos of Indianapolis
Overview of Indianapolis
Indianapolis, the capital of Indiana, is a vibrant metropolitan area with a population of approximately 876,384 people as of 2021. Located about 183 miles southeast of Chicago and 107 miles north of Louisville, Indianapolis is a centrally situated hub of culture, sports, and history, making it an attractive destination for short-term rentals.
Landmarks:
-
Monument Circle: At the heart of the city lies Monument Circle, home to the Soldiers and Sailors Monument, an iconic landmark dedicated to Indiana's soldiers. Monument Circle
-
Indianapolis Motor Speedway: Known as the Racing Capital of the World, it hosts the famed Indianapolis 500 race. Indianapolis Motor Speedway
-
Lucas Oil Stadium: Home of the NFL's Indianapolis Colts, this stadium is also a leading event venue in the city. Lucas Oil Stadium
-
The Children's Museum of Indianapolis: The largest children's museum in the world provides a hands-on educational experience for families. The Children's Museum of Indianapolis
-
Indianapolis Zoo: Located in White River State Park, this zoo includes a botanical garden and an aquarium, and is notable for its conservation efforts. Indianapolis Zoo
-
Indiana State Museum: Presenting the state's history, the museum also features an IMAX theater and rotating exhibits. Indiana State Museum
-
Massachusetts Avenue ("Mass Ave"): A cultural district filled with dining, shopping, and entertainment options, making it a hot spot for visitors. Mass Ave
Proximity and Accessibility: Indianapolis International Airport (IND) serves as the main air gateway, making the city accessible with numerous domestic and international flights. Train services by Amtrak and a network of highways, including Interstates 65, 69, 70, and 74, make it very reachable by car.
The city's combination of sports history, cultural landmarks, and modern amenities, along with easy access to nearby major cities, enhances its attractiveness for short-term rentals. Whether visitors are in town for business, events, or leisure, Indianapolis offers a wide variety of experiences to cater to diverse interests.