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Short-Term Rental (STR) Regulations
In Bloomington, IN, Short Term Rentals (STRs) are regulated by the city's Unified Development Ordinance (UDO). Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Zoning: STRs are only allowed in certain zoning districts in Bloomington, such as the Commercial Downtown (CD) and Mixed-Use Student Housing (MU) districts. It is important to check the zoning regulations of the property before purchasing it for STR purposes.
2. Licensing: Property owners must obtain a Short Term Rental License from the city before operating an STR. The license must be renewed annually and there are specific requirements that must be met in order to obtain the license.
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