Hemet, California Short-Term Rental Market
Hemet STRs averaged $208/night at 54.2% occupancy in April 2026 across 7,513 active listings.
Quick Answer: Hemet, California is an active short-term rental market. average occupancy is 63%. average monthly revenue is $3,834. average daily rate is $227. the top operator is Evolve with 88 listings. market score is 53/100 (grade D).
Market data reflects the Riverside regional market, which includes Hemet. Regulations, taxes, and permit details below are specific to Hemet.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Hemet sits in the San Jacinto Valley in Riverside County, California, drawing visitors to the Ramona Bowl Amphitheatre, Diamond Valley Lake, and the Western Science Center. The short-term rental market is larger and more diverse than a destination of Hemet’s size might suggest: total active listings reach approximately 7,513, split between 4,893 entire-place rentals (65%), 2,601 private rooms (35%), and 19 shared rooms. The 1-bedroom category dominates the bedroom mix with 3,830 units, while 2-bedroom through 5-bedroom properties each contribute between 936 and 994 units, except the 5-bedroom tier at 769. Airbnb is the dominant channel with 5,212 exclusive listings and an additional 2,101 appearing on both platforms; VRBO-only accounts for just 200 listings. In April 2026, the market-wide average daily rate was $207.94 and occupancy reached 54.2%, producing RevPAR of $112.77 and average monthly revenue of $3,319. Year-over-year, occupancy gained 2.64 percentage points while ADR slipped 1.75%, resulting in a net revenue increase of 4.61%. The market’s composite score of 53.04 out of 100 reflects moderate fundamentals, with a seasonality sub-score of 97.81 standing out as unusually high, indicating very stable year-round demand relative to most STR markets.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 51% | $161 | $2,426 |
| Feb | 57% | $163 | $2,382 |
| Mar | 58% | $172 | $2,684 |
| Apr | 56% | $179 | $2,855 |
| May | 56% | $175 | $2,697 |
| Jun | 62% | $200 | $3,291 |
| Jul | 63% | $187 | $3,223 |
| Aug | 57% | $174 | $2,806 |
| Sep | 55% | $167 | $2,539 |
| Oct | 57% | $173 | $2,688 |
| Nov | 54% | $179 | $2,721 |
| Dec | 57% | $181 | $2,820 |
Top Short-Term Rental Operators in Hemet
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 88 | 1,911 | ★ 4.58 |
| 2 | New Spirit Vacation Homes | 60 | 3,551 | ★ 4.46 |
| 3 | Vacasa | 46 | 2,851 | ★ 4.53 |
| 4 | Host / Eric | 45 | 40 | ★ 4.67 |
| 5 | Holidale | 44 | 11 | ★ 4.57 |
What Kind of STR Should I Buy in Hemet?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 3,830 |
| 2 bed | 936 |
| 3 bed | 994 |
| 4 bed | 967 |
| 5 bed | 769 |
ADR by Property Tier
| Entire Home | $300 |
| Luxury | $498 |
| Professionally Managed | $432 |
Revenue by Dwelling Type
| Apartment | $2,460 |
| Entire Place | $4,985 |
| House | $4,000 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 69.4% |
| vrbo | 2.7% |
| both | 28% |
Investment Analysis
Housing snapshot data is not available for Hemet in the current dataset, so a home-value-to-revenue yield calculation cannot be provided. What the revenue data does show is a market generating $3,319 in average monthly revenue in April 2026, with an annualized run rate of roughly $39,827. Entire-place listings produce a meaningfully higher $4,253 per month versus the all-listings average of $3,319, reflecting the drag from lower-priced private rooms in the mix. Professionally managed listings command an ADR of $390.43, nearly 88% above the market mean of $207.94, and the luxury tier reaches $484.16 per night. The revenue growth sub-score of 58.58 suggests moderate but not exceptional upward trajectory. Year-over-year revenue grew 4.61% in April 2026 compared to April 2025, and annual average data shows revenue has held in the $3,100-$3,400 range since 2022, after peaking at $3,395 in 2021. The 2025 annual average of $3,142 and the 2026 partial-year pace of $2,985 suggest a gradual softening. The investability sub-score of 52.89 reflects the moderate overall market score; Hemet is a solid market for cash flow at current price levels but not a standout growth story.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
Skip the market averages. Get revenue projections, comp analysis, and ROI for your specific property address. Free, instant, no signup required.
Analyze My Property →Home Value Trends (Hemet)
Booking Insights
In April 2026, Hemet guests booked an average of 37.7 days in advance and stayed an average of 4.89 nights. The nearly 5-night average stay is notably longer than many STR markets, indicating guests are extending beyond the typical long-weekend pattern, possibly reflecting the slower-pace travel profile of the market (retirees, snowbirds, and regional visitors to Diamond Valley Lake or the San Jacinto Valley). A 37.7-day lead time is consistent with moderate-advance planning; operators have roughly five weeks to adjust pricing before arrival without being in last-minute territory. The longer average stay reduces per-booking cleaning frequency and associated turnover costs, which benefits net operating margins. At 4.89 nights per booking and 54.2% occupancy (roughly 16 nights booked per month), operators average about 3.3 bookings per month, a relatively low number that simplifies management logistics.
Short-Term Rental Regulations
Hemet requires STR operators to register with the city under a light-touch ordinance introduced by the City Council on June 10, 2025. The ordinance defines transient stays as under 30 days and applies to residentially zoned properties (Chapter 90 of the municipal code). There is no owner-occupancy requirement, no primary-residence requirement, and no annual night cap. Operators must collect and remit a 10% Transient Occupancy Tax. Annual permit renewal is required. The exact registration fee had not been published in the data available as of mid-2026; investors should confirm the current fee directly with the City of Hemet. Enforcement is characterized as minimal. Note that the Riverside County STR Certificate program (cited widely online, with fees around $740 initial and $540 annual renewal) applies to unincorporated Riverside County, not to properties inside Hemet city limits. No maximum nights per year applies under the city ordinance.
Market Comparison
The U.S. STR median occupancy is approximately 55% and median ADR approximately $220. Hemet sits close to national averages on both dimensions at 54.2% occupancy and $207.94 ADR in April 2026, suggesting a mid-tier market rather than a premium destination. The market’s unusually high seasonality score of 97.81 is its most distinctive characteristic relative to national norms, meaning demand is more consistent month-to-month than nearly any other STR market in the dataset. Among operators, Evolve leads with 88 listings and a 4.58-star average across 1,911 reviews. New Spirit Vacation Homes holds 60 listings with 3,551 reviews at a 4.46-star average. Vacasa manages 46 listings at 4.53 stars. Host/Eric (45 listings) and Holidale (44 listings) round out the top five, though with very limited review counts of 40 and 11 respectively, their ratings carry less statistical weight. The top five operators collectively manage roughly 283 listings out of approximately 7,513 total, under 4% of supply, indicating a highly fragmented market.
Frequently Asked Questions About Hemet, California
What is the average daily rate for short-term rentals in Hemet, CA?
What occupancy rate do Hemet STRs achieve?
Do I need a permit to operate a short-term rental in Hemet?
How much revenue can an STR generate in Hemet per month?
When is the peak season for STRs in Hemet?
Which property managers operate in Hemet?
What is the typical length of stay and booking lead time in Hemet?
Analyze Hemet Rentals
Use our free calculator to estimate Airbnb revenue for any property in Hemet.
Free Hemet STR Calculator →
