Short Term Rental Management in Frankfort, Kentucky

Short Term Rental Management in Frankfort

Awning offers full-service vacation rental property management for busy vacation rental owners and Airbnb hosts in Frankfort, Kentucky. Starts at 15% of revenue.

Best Airbnb Management in Frankfort, Kentucky

Full-service Airbnb and vacation rental management starting at 10% of revenue. Powered by 20,000+ managed properties nationwide.

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Frankfort, Kentucky

Frankfort, Kentucky's capital city, nestled along the Kentucky River, offers visitors access to bourbon heritage, political history, and authentic Kentucky culture. As the seat of state government and gateway to Kentucky's bourbon trail, Frankfort attracts government visitors, bourbon enthusiasts, and tourists exploring Kentucky's rich cultural heritage. The city's historic distilleries, scenic river setting, and proximity to both Louisville and Lexington create opportunities for hosts serving diverse visitor demographics interested in politics, bourbon, and Kentucky tradition.

Frankfort's short-term rental market benefits from year-round stability as the state capital, with moderate seasonal peaks during spring and summer when bourbon tourism and outdoor activities are most popular. Fall maintains steady occupancy from government business and foliage tourism, while winter sees the lowest but consistent demand due to legislative sessions and government activities. The market balances government, bourbon tourism, and outdoor recreation creating more stability than purely seasonal markets.

Frankfort requires annual registration of STR properties with the Planning Department by May 1, along with a business license and a $250 per‑unit regulatory fee; hosts must also pass an inspection, provide evacuation and parking plans, and may risk revocation for repeated nuisance violations.

Managing an Airbnb in Frankfort, Kentucky, can be challenging due to local regulations, seasonal demand fluctuations, and guest management. A professional Airbnb management company can help hosts navigate these challenges by handling bookings, guest communication, housekeeping, and maintenance while ensuring compliance with local regulations.

The most sought-after amenities and locations in Frankfort, Kentucky, include homes with outdoor spaces like patios, decks, or gardens, high-speed internet, fully equipped kitchens, and proximity to downtown attractions, historic sites, and restaurants. Additionally, Airbnb guests prefer homes with comfortable beds, clean linens, and modern amenities like smart TVs and home entertainment systems.

Airbnb Management Details

Market overview
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Airbnb seasonality
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Short-term rental regulations
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Locations and amenities
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Frankfort, Kentucky

Frankfort, Kentucky's capital city, nestled along the Kentucky River, offers visitors access to bourbon heritage, political history, and authentic Kentucky culture. As the seat of state government and gateway to Kentucky's bourbon trail, Frankfort attracts government visitors, bourbon enthusiasts, and tourists exploring Kentucky's rich cultural heritage. The city's historic distilleries, scenic river setting, and proximity to both Louisville and Lexington create opportunities for hosts serving diverse visitor demographics interested in politics, bourbon, and Kentucky tradition.

Rental Seasonality

Frankfort's short-term rental market benefits from year-round stability as the state capital, with moderate seasonal peaks during spring and summer when bourbon tourism and outdoor activities are most popular. Fall maintains steady occupancy from government business and foliage tourism, while winter sees the lowest but consistent demand due to legislative sessions and government activities. The market balances government, bourbon tourism, and outdoor recreation creating more stability than purely seasonal markets.

Top Neighborhoods & Attractions

Downtown Frankfort centers around the Kentucky State Capitol building and Kentucky History Center, providing convenient access for government visitors and history enthusiasts. The South Frankfort area offers historic neighborhoods with Kentucky River views and proximity to bourbon distilleries like Buffalo Trace, perfect for bourbon trail visitors. The Capital Avenue corridor features convenient accommodations for business travelers and state government visitors, while residential areas provide authentic Kentucky small-town experiences. Properties along the Kentucky River offer scenic settings and outdoor recreation access, attracting visitors interested in both bourbon culture and natural beauty.

Average Daily Rate

$135

Average Occupancy Rate

62%

Property Management Fees

15% to 30%

Average Annual Revenue

$44,411

Taxes & Regulations in Frankfort, Kentucky

Short Term Rental Regulations

Frankfort requires annual registration of STR properties with the Planning Department by May 1, along with a business license and a $250 per‑unit regulatory fee; hosts must also pass an inspection, provide evacuation and parking plans, and may risk revocation for repeated nuisance violations.

Taxes

STR bookings must collect/remit 6% Kentucky sales tax, 1% state transient tax, 4% Frankfort transient room tax, 4% Franklin County room tax, and 2% fine‑arts tax each quarter.

Ease of Regulation

Difficult | Comprehensive licensing, inspections, fees, and layered taxes make compliance fairly demanding.

Types of Short Term Rental Properties in Frankfort, Kentucky

Charming 2-3 bedroom homes with Southern character perform well in Frankfort, particularly properties near the Capitol, historic downtown, or bourbon trail attractions. Properties offering bourbon country character while maintaining modern amenities attract tourists, while business-friendly accommodations serve government travelers. Historic homes and properties with Kentucky charm consistently appeal to visitors exploring bourbon heritage and state attractions in this government and tourism-focused market. In terms of amenities, 1.3% of properties have a pool, 6.4% have a hot tub and 65.6% have a washer and dryer.

Bedrooms
Average daily rate
1 bed

$118.20

2 bed

$192.05

3 bed

$256.66

4+ bed

$739.70

Why choose Awning

We have an experienced team and a suite of technology dedicated to providing the best service possible.

Awning logo
Other property managers
Cost
Starting at 10%
25-40%
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
Pricing
Communication
Management
Maintenance
Reporting
Value

No cancellation fees
No contract lock-in
Just 90 days notice to cancel

Annual contracts with cancellation penalties

Awning logo
Other
Cost
Starts at 5%
25-40%
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Average guest rating

No cancellation fees
No contract lock-in
Just 90 days notice to cancel

Annual contracts with cancellation penalties

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.

+10-30%

in gross revenue

4.8 stars

guest rating

5+ years

managing STRs

What you get with Awning in Frankfort, Kentucky

Taking care of your home

Awning’s team ensures your home is maintained and stocked well and always ready for its next booking.

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Making guests happy

With an always available operations and support team, we’re available to take the 2am call about the toilet to make your guest happy.

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Attract the most guests

We use our data and best practices to ensure your listing performs as well as possible and makes you the most money.

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Unlock your home’s potential

Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.

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FAQ

What is vacation rental property management?

Vacation rental property management is a full-service offering that handles everything required to operate a short-term rental — listing optimization, guest communication, dynamic pricing, cleaning, maintenance, and owner reporting — on behalf of the owner. Awning provides this service nationwide, managing 20,000+ properties across all 50 states starting at 10% of revenue. Learn how it works with Awning’s vacation rental management services.

How does Airbnb management work?

Airbnb management covers optimizing your listing, managing bookings and calendars, messaging guests, coordinating cleaning and repairs, and adjusting pricing to drive revenue. A professional manager handles these tasks so owners can stay passive.

What are the benefits of hiring a professional Airbnb manager?

Professional Airbnb managers handle everything from guest inquiries and pricing to maintenance and compliance, resulting in higher efficiency, more consistent occupancy, and better reviews—even while you focus on other priorities. Explore more at Awning’s owner resources.

What is full-service vs half-service vacation rental management?

Full-service management covers everything from listing creation and pricing to guest support, cleaning, and maintenance. Half-service plans handle fewer operational tasks, often leaving cleaning and guest messaging to the owner. See full-service benefits.

Are there restrictions on personal use for properties under Awning management?

Owners can block dates on the calendar for personal use as long as it doesn’t conflict with existing bookings. Discuss your calendar preferences directly with your Awning advisor. Start with Awning contact & advisor scheduling.

How much are Awning property management fees?

Awning’s full-service vacation rental management fees start at 10% of monthly revenue, depending on property type, location, and services needed. This competitive pricing includes core management but may vary with additional offerings. See the full breakdown at Airbnb management fees explained.

What services does Awning vacation rental management offer?

Awning handles all key short-term rental management services, including:

  • Listing optimization & marketing
  • Dynamic pricing models
  • Guest communication & calendar management
  • Cleaning, linen, and restocking
  • Pool, hot tub & lawn maintenance
  • Smart home automation & guidebooks

Explore the full services list at Awning vacation rental management services.

Can Awning help me convert a rental property or home into an Airbnb?

Yes — Awning assists owners from property selection and furnishing to final setup and ongoing management so your home is optimized for revenue on Airbnb and other platforms. Start with Awning’s get started page.

How does Awning compare to Vacasa?

Awning delivers full-service management at a lower starting percentage and greater fee transparency than Vacasa, which typically charges higher rates with additional service costs. See Vaasa Fees explained.

How does Awning compare to Evolve?

Unlike Evolve’s half-service model, Awning provides full operational support including cleaning, pricing, and guest communication for a truly hands-off experience. More on full vs half service.

Does Awning offer insurance for hosts and their properties?

Awning provides tailored insurance options that cover property and income risks related to short-term rental activity. Ask your advisor for a tailored quote.

Will Awning maintain amenities like pools and hot tubs?

Yes — Awning coordinates maintenance for features like pools, hot tubs, and outdoor areas so amenities remain guest-ready and compliant. These are part of Awning’s property maintenance services.

What is the pet policy for properties under Awning management?

Pet policies are set by the property owner. Awning supports owner-defined pet rules and can assist with additional cleaning or maintenance plans as needed. Link to your preferences via Awning support.

Do I need to use a property manager, or can I self-manage my vacation rental?

You can self-manage, but most owners find that the time spent on guest communication, price optimization, and coordination with cleaners outweighs the management fee. Owners using a full-service manager typically earn more net revenue after fees because of better pricing, higher occupancy, and fewer operational mistakes. Awning starts at 10%, well below the 25–40% industry average.

How much does vacation rental property management cost?

Full-service vacation rental management costs between 10% and 40% of booking revenue, depending on the provider and the scope of service. Awning starts at 10% of revenue with no setup fees, no cancellation penalties, and a 90-day notice period to cancel. Most competitors charge 25–40% and require annual contracts.

Is there a long-term contract?

No. Awning does not require a long-term contract. Owners can cancel at any time with 90 days' notice and owe no cancellation penalty. This is a deliberate departure from the industry standard of annual contracts with exit fees.

What does Awning's vacation rental management service include?

Awning's service covers listing creation and optimization across 50+ channels (Airbnb,Vrbo, Booking.com and more), 24/7 guest communication, dynamic pricing, professional cleaning, restocking and linen service, maintenance coordination, home automation setup, insurance coverage on every reservation, and monthly owner reports. Owners also get a dedicated phone and text line for questions.

Where does Awning manage properties?

Awning manages vacation rental properties in all 50 U.S. states. Our coverage includes major Airbnb markets (Nashville, Scottsdale, Gatlinburg, Destin, Joshua Tree, Big Bear,Galveston, and more) as well as smaller regional markets. If you are unsure whether your home is in our service area, schedule a free call and our team will confirm in minutes.

Is Airbnb management different from vacation rental management?

The terms are often used interchangeably, but "vacation rental management" is broader — it includes listings on Airbnb plus Vrbo, Booking.com, direct-booking sites, and 50+ other channels. Awning manages as a vacation rental manager, meaning your home earns from every channel, not just Airbnb. This typically increases total bookings by 20–30% versus Airbnb-only listings.

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