Grand Prairie, Texas Short-Term Rental Market
Grand Prairie TX STRs averaged $172/night at 60.0% occupancy in April 2026 across 19,500+ active listings.
Quick Answer: Grand Prairie, Texas is an active short-term rental market. average occupancy is 67%. average monthly revenue is $3,618. average daily rate is $215. the top operator is Evolve with 236 listings. market score is 79/100 (grade B).
Market data reflects the Dallas regional market, which includes Grand Prairie. Regulations, taxes, and permit details below are specific to Grand Prairie.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Grand Prairie, Texas sits in the geographic center of the Dallas-Fort Worth Metroplex, positioned between Dallas and Fort Worth with a population of approximately 211,800. The city drew an estimated 2 million visitors in recent years, led by Traders Village (3.5 million visits per year on its own), Epic Waters Indoor Waterpark, Lone Star Park horse racing, and Joe Pool Lake. In April 2026, the short-term rental market recorded an average daily rate of $172.23 and an average occupancy rate of 60.0%, producing an average monthly revenue of $2,860 per listing. RevPAR stood at $103.34.
Grand Prairie carries one of the largest STR inventory counts in this data set, with approximately 19,500 active listings. One-bedroom units are the dominant segment at 8,978 listings, followed by three-bedroom (3,771), two-bedroom (3,142), four-bedroom (2,432), and five-bedroom-plus (1,138). Entire-place listings account for 16,268 units, private rooms for 3,081, and shared rooms for 178.
Channel distribution is Airbnb-heavy: 11,555 listings appear on Airbnb only, 998 on VRBO only, and 6,974 on both platforms.
Year-over-year in April, occupancy improved a modest 0.11%, ADR dipped 1.52%, and revenue grew 1.60%. The market’s total score is 79.37 out of 100, with seasonality scoring 97.28, indicating very consistent demand distribution throughout the year. That consistency is a key differentiator from seasonal resort markets.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 55% | $131 | $2,030 |
| Feb | 60% | $133 | $2,028 |
| Mar | 65% | $149 | $2,660 |
| Apr | 61% | $146 | $2,381 |
| May | 64% | $151 | $2,558 |
| Jun | 70% | $156 | $2,833 |
| Jul | 67% | $141 | $2,549 |
| Aug | 61% | $138 | $2,316 |
| Sep | 61% | $142 | $2,279 |
| Oct | 62% | $147 | $2,470 |
| Nov | 59% | $144 | $2,307 |
| Dec | 58% | $143 | $2,292 |
Top Short-Term Rental Operators in Grand Prairie
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 236 | 5,915 | ★ 4.41 |
| 2 | Landing, Inc. | 196 | 238 | ★ 4.36 |
| 3 | Landing | 169 | 7 | ★ 2.68 |
| 4 | Luxora | 124 | 4,413 | ★ 4.36 |
| 5 | Properties By Preston | 109 | 267 | ★ 3.61 |
What Kind of STR Should I Buy in Grand Prairie?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 8,978 |
| 2 bed | 3,142 |
| 3 bed | 3,771 |
| 4 bed | 2,432 |
| 5 bed | 1,138 |
ADR by Property Tier
| Entire Home | $248 |
| Luxury | $365 |
| Professionally Managed | $252 |
Revenue by Dwelling Type
| Apartment | $2,987 |
| Entire Place | $4,117 |
| House | $4,031 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 59.2% |
| vrbo | 5.1% |
| both | 35.7% |
Investment Analysis
Grand Prairie offers one of the more accessible entry points for DFW-area STR investing, with a typical home value of $318,759 against an average monthly revenue of $2,860. The implied gross annualized yield is approximately 10.8% (($2,860 x 12) / $318,759), among the higher yield profiles in this batch, before factoring in operating costs, taxes, and vacancy.
Tier differences are meaningful. The all-listing ADR is $172.23, but entire-home listings average $195.21, a $22.98 premium. Professionally managed properties average $186.92, and luxury-tier listings average $301.15, or 75% above the market average.
Revenue by property type shows entire-place listings averaging $3,211/month and houses averaging $3,205/month, materially above the all-listing average of $2,860. Apartments average $2,325/month. The gap between apartments and entire-place listings ($886/month) points clearly toward whole-home acquisitions for investors seeking income optimization.
Revenue has grown from $1,561/month in 2017 to $2,913/month in 2025, an 86.6% increase over eight years. The housing market shows a sale-to-list ratio of 0.908, median sale prices at $335,983, and median days to pending of 22 days. With 386 homes for sale, inventory is not severely constrained, giving investors acquisition time to evaluate deals. Grand Prairie’s large and consistent visitor base, anchored by year-round attractions rather than a single seasonal peak, supports stable occupancy across all 12 months.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Grand Prairie guests book an average of 26.6 days in advance, and stays average 4.73 nights. The lead time of under four weeks is the shortest in this batch, reflecting the demand profile of a metro-area market rather than a destination resort.
At 26.6 days, the booking window is tight. Most bookings arrive within the month prior to arrival, meaning dynamic pricing adjustments inside a 4-week window have a direct impact on achieved rates. Operators who hold rates too long or wait for last-minute demand risk missing the booking window entirely in slower months.
The 4.73-night average stay is relatively long for a large metro market, suggesting a meaningful share of bookings are extended stays, potentially from corporate relocations, event visitors, or airport travelers catching multi-night connections. Operators with flexible minimum-night policies (2-night minimum for weekdays, 3-night for weekends) are well-positioned to capture both short weekend stays and longer corporate bookings. The DFW Airport proximity and the presence of AT&T Stadium and Globe Life Field in neighboring Arlington also generate demand spikes tied to specific events, which shorter-stay policies can capture.
Short-Term Rental Regulations
Grand Prairie permits short-term rentals citywide under Chapter 29, Article IX of the city code (adopted May 17, 2022). All operators must obtain a Short-Term Rental Permit before advertising or accepting bookings. The permit fee is $480 per year, nonrefundable, and non-transferable (new owners must reapply). No owner-occupancy or primary-residence requirement applies, and there is no annual night cap.
Key operating requirements are materially stricter than many Texas cities. Operators must designate a 24/7 local contact who can respond to complaints or emergencies within one hour. Before operating, operators must hand-deliver written notice to all residents and owners within 200 feet of the property. Occupancy is capped at one person per 200 square feet of living space, with an overall maximum of 12 persons including children.
The Hotel Occupancy Tax totals 13%: 7% to the City of Grand Prairie and 6% to the State of Texas, applied to stays under 30 days.
Enforcement is classified as strict. Most violations are Class C misdemeanors with fines up to $500 per day. Fire-safety and public-health violations can reach $2,000 per day. Permits may be revoked for false applications, unpaid fees, or repeat violations, and a one-year waiting period applies before reapplication. Operators should maintain compliance records and document the neighbor-notice delivery process as protection against complaints.
Market Comparison
Against national STR benchmarks, Grand Prairie performs above median. The U.S. STR median occupancy is approximately 55%; Grand Prairie’s April 2026 figure of 60.0% exceeds that comfortably. The national median ADR is approximately $220; Grand Prairie’s $172.23 is below national median, reflecting the urban-suburban DFW pricing environment rather than a resort premium.
Grand Prairie’s seasonality score of 97.28 is near-perfect, placing it in a rare category of markets where demand is evenly distributed across all 12 months. This is a structural advantage over markets with high average occupancy but short seasons.
Among operators, Evolve leads with 236 listings and 5,915 reviews at a 4.41 average rating. Luxora is a notable entry at rank 4 with 124 listings and 4,413 reviews at a 4.36 average, demonstrating strong review volume relative to its listing count. Landing, Inc. manages 196 listings but shows only 238 reviews (4.36 average), while a separate Landing entity holds 169 listings with only 7 reviews at 2.68, suggesting a distinct operator or recently launched portfolio. Properties By Preston manages 109 listings with 267 reviews at 3.61. The high proportion of Airbnb-only listings (11,555 of approximately 19,500 total) suggests significant self-management or small-operator activity in the market alongside the professional managers.
Frequently Asked Questions About Grand Prairie, Texas
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