Laramie, WY Short-Term Rental... | Learn STR by GoStudioM

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Laramie, WY Short-Term Rental... | Learn STR by GoStudioM

Regulation Details

Eligibility(4)

•Laramie allows STRs in the following property types: Single Family, Condo, Townhouse, Apartment.
•Laramie: Your HOA can prohibit short-term rentals even if the city allows them. Check your CC&Rs before applying.
•Laramie does NOT require the property to be a primary residence. Investment properties are allowed.
•Laramie: You can have a co-host or property manager help manage your listing.

Requirements(8)

•Laramie does not require STR registration.
•Laramie: Hosts must report their rental activity monthly to the city, even if platforms collect taxes.
•Laramie does not require liability insurance for STR hosts, but it is strongly recommended.
•Laramie STR warning: STRs are exempt from the $20/unit Rental Housing Code that applies to long-term rentals.

Application Process(4)

•Step-by-step guide to get an STR permit in Laramie: Step 1: Register for Wyoming Sales and Lodging Tax - Apply for a Sales & Use Tax License through the Wyoming Department of Revenue. This is required to legally collect the 13% tax from guests if the platform does not do it for you. Documents needed: Social Security Number or EIN, Driver's License, Property Address. Estimated time: 1-2 weeks. Cost: 60. More info: https://revenue.wyo.gov/ Step 2: Verify Zoning Compliance - Contact the Laramie Planning Division to ensure your property's specific location does not have any unique 'Transient Lodging' restrictions in the municipal code. Estimated time: 1 day. More info: https://www.cityoflaramie.org/105/Planning-Division

Taxes(3)

•Laramie charges a Lodging Tax (combined state and local) of 0.07%. This applies to stays under 30 days. Platforms like Airbnb collect and remit this tax. Note: Airbnb and Vrbo typically collect and remit both the 6% sales tax and 7% lodging tax in Wyoming.
•Wyoming has a state sales tax of 0.06% that applies to STR rentals.

Limits & Restrictions(3)

•Laramie limits stays to a maximum of 29 nights.
•Laramie enforces quiet hours: 10:00 PM - 7:00 AM.
•Laramie occupancy calculation: Subject to fire code occupancy limits. Count your bedrooms to determine your max guest limit.

Safety Requirements(1)

•Laramie requires the following safety measures for STRs: smoke detectors, CO detectors, fire extinguisher, Egress windows in sleeping areas.

Penalties(1)

•Laramie enforces the following penalties for STR violations: First offense: Varies by nuisance code.

Exemptions(3)

•Laramie: Rentals of 30+ days are generally NOT considered short-term rentals and may be exempt from STR regulations (but may have other requirements).
•Laramie exempts the following from STR regulations: long-term rentals (30+ days), extended stays.
•Laramie: STRs are exempt from the $20/unit Rental Housing Code that applies to long-term rentals.