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Lexington Short-Term Rentals Decline
Lexington’s short-term rental market is shrinking fast—down from over 1,200 listings to nearly 800—as the city tightens regulations to calm neighborhood tensions. Since 2023, new rules have required licensing, capped occupancy at 10 guests, banned late-night events, and imposed fines up to $500 daily for noncompliance. A 2024 enforcement push and a December 2023 update further restrict unhosted rentals, mandating 600-foot spacing and limiting their density in neighborhoods—all aimed at reducing noise, parking issues, and absentee ownership. Support the show:Get a discount at…
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