Kelowna is finally moving towards short term rentals again, but it comes with a few more rules, applications, and possibly not going to be in effect until November 2026. However Kelowna City Council is motioning to have this moved to May 2026 to catch the tourist season and give homeowners a chance to capitalize on the once lucrative market that existed before the rental crunch took affect banning short term rentals in the city of Kelowna. The vacancy rate in Kelowna is at 3.8% as we see rental costs fall back into a normal range for living, a big leap from 2023 where it was only 1.2%. Since then Kelowna has restricted short term rentals to principal residences, a secondary suite, or structure like a laneway suite on the property. Changes are coming, now is the time to invest in a short term rental property!
Updated AirBnB Rules
