Conway Real Estate Market Trends & Forecast 2026

In Conway, SC, Short Term Rental (STR) regulations are governed by the city's zoning ordinances. Investors looking to purchase a property for STR purposes should be aware of the following regulations:

1. Zoning Restrictions: Conway has specific zoning districts where short term rentals are allowed. Investors should ensure that the property they are interested in is located in a zoning district that permits STRs.

2. Licensing and Permits: Property owners must obtain a business license and a short term rental permit from the city in order to operate a STR. These permits may have specific requirements and fees associated with them.

3. Occupancy Limits: Conway may have occupancy limits for STRs, which could impact the number of guests allowed to stay in the property at one time. Investors should be aware of these limits and ensure compliance.

4. Noise and Nuisance Regulations: Conway likely has regulations in place regarding noise levels and other nuisances caused by STRs. Investors should familiarize themselves with these regulations to avoid potential fines or penalties.

5. Taxation: Property owners operating STRs in Conway may be subject to local and state taxes, including sales and accommodations taxes. Investors should be aware of these tax obligations and ensure compliance.

6. Homeowner's Association Rules: If the property is located in a community with a homeowner's association (HOA), investors should review the HOA's rules and regulations regarding STRs. Some HOAs may have restrictions or prohibitions on short term rentals.

Overall, investors should thoroughly research and understand the STR regulations in Conway, SC before purchasing a property for short term rental purposes. Failure to comply with these regulations could result in fines, penalties, or even the shutdown of the STR operation.