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  4. Surprise

Surprise, Arizona

Short-Term Rental Market Data & Investment Analysis

Surprise, Arizona Short-Term Rental Market

DMarket Score 50/100

Quick Answer: Surprise, Arizona is an active short-term rental market. average occupancy is 57%. average monthly revenue is $2,947. average daily rate is $188. the top operator is Evolve with 981 listings. market score is 50/100 (grade D).

Avg Monthly Revenue
$2,947
↑ 2.6% YoY
57%
Occupancy
↑ 2% YoY
$188
Avg Daily Rate
↑ 2.1% YoY
36.3 days avg lead time6.1 avg length of stay

Market data reflects the Phoenix/Scottsdale regional market, which includes Surprise. Regulations, taxes, and permit details below are specific to Surprise.

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation58
Seasonality62
Investability65
Rental Demand68
Revenue Growth69

Seasonal Patterns

Monthly seasonal data for Surprise, Arizona
MonthOccupancyADRRevenue
Jan65%$199$3,376
Feb74%$250$4,355
Mar76%$274$5,552
Apr57%$228$3,719
May56%$196$3,081
Jun58%$171$2,669
Jul60%$151$2,463
Aug60%$151$2,453
Sep59%$161$2,469
Oct63%$183$2,993
Nov63%$197$3,165
Dec58%$199$3,156

Top Short-Term Rental Operators in Surprise

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Evolve98134,553★ 4.74
2Vacasa5059,989★ 4.56
3CozySuites3324,498★ 4.00
4Zona Multifamily2971,788★ 2.67
5Park Royal22917★ 4.65

What Kind of STR Should I Buy in Surprise?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed10,425
2 bed7,644
3 bed7,322
4 bed5,503
5 bed3,019

ADR by Property Tier

Entire Home$202
Luxury$416
Professionally Managed$239

Revenue by Dwelling Type

Apartment$1,901
Entire Place$3,140
House$3,436

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb42.9%
vrbo9.2%
both47.9%

Investment Analysis

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Home Value Trends (Surprise)

Typical Home Value
$420,221
Median Sale Price
$410,150
Days to Pending
41
Surprise, ArizonaRev $2,947ADR $188Occ 57%Score D (50)

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Property Managers Serving Surprise

Awning

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Table of Contents

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Quick Facts: Surprise

Active STRs
628
Avg Daily Rate
$190
Occupancy Rate
60%
Population
143,148
Annual Visitors
100,000

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Markets in Arizona (50)

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