PEORIA, Ariz — >> Editor's note: The above video is from a previously aired broadcast.
Peoria is joining a growing list of Valley cities tightening the reins on short-term rental properties. A set of new restrictions could change the way ownership plays out.
On Tuesday, the Peoria City Council announced that they'd adopted a Vacation/Short Term Rental (STR) Ordinance requiring rental property owners to apply for a permit with the city.
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To get that permit approved, owners would have to comply with a tighter set of neighbor notification and health and safety requirements.
The changes are similar to recent regulations proposed by the Tempe City Council after a shooting at a Halloween party in the area.
One major difference is the cost. While the regulatory permit in Tempe would cost property owners $250 annually, Peoria's permit is free.
Peoria's policy requires STR property owners to conduct sex offender background checks on booking guests and carry at least $500,000 in liability insurance.
“Putting important safeguards in place provides a path for short-term rentals to thrive while preserving the quiet enjoyment of our homes and security of our neighborhoods,” Peoria Mayor Cathy Carlat said.
The permit may be requested online by visiting www.peoriaaz.gov/rentals and there is no cost to apply.
For more information on STR ownership in Peoria, you can contact Peoria’s Code Compliance Division at 623-773-7162, or email codecompliance@peoriaaz.gov.
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