Dewey, Arizona Short-Term Rental Market
Dewey, AZ short-term rentals averaged $350/night at 61.7% occupancy in May 2026.
Quick Answer: Dewey, Arizona is an active short-term rental market. average occupancy is 62%. average monthly revenue is $6,001. average daily rate is $350.
Market Overview
Dewey (part of the incorporated Town of Dewey-Humboldt) is a small high-desert community of approximately 4,589 residents in Yavapai County, central Arizona, situated along SR-69 roughly midway between Prescott, Jerome, and Camp Verde. It is primarily a rural residential and pass-through area, drawing visitors through regional outdoor recreation, agritourism at Mortimer Farms, and heritage tourism at the Dewey-Humboldt Historical Society and Museum. Guests also use Dewey as a lower-cost base for accessing Prescott and Sedona.
In May 2026, the Dewey STR market recorded an average daily rate of $350 and occupancy of 61.7%, producing a RevPAR of $216 and average monthly revenue of $6,001 per active listing. All three headline metrics posted modest year-over-year improvements in May 2026: occupancy gained 1.77 percentage points, ADR rose 0.50%, and revenue increased 0.30% compared to May 2025. These gains reflect steady, incremental demand growth in a small market.
Breakdown by listing type and bedroom count is not available in the current data snapshot. The market has grown substantially since 2017, when average monthly revenue was $2,203, reaching $5,157 in 2025, a gain of 134% over eight years.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 47% | $235 | $3,252 |
| Feb | 63% | $247 | $3,813 |
| Mar | 76% | $291 | $6,005 |
| Apr | 69% | $284 | $5,352 |
| May | 63% | $276 | $4,787 |
| Jun | 56% | $254 | $3,900 |
| Jul | 54% | $235 | $3,472 |
| Aug | 51% | $232 | $3,163 |
| Sep | 57% | $245 | $3,569 |
| Oct | 67% | $260 | $4,709 |
| Nov | 61% | $260 | $4,171 |
| Dec | 56% | $259 | $3,960 |
Investment Analysis
Dewey’s STR market has posted consistent long-run revenue growth. Average monthly revenue rose from $2,203 in 2017 to $4,967 in 2021, then normalized to $5,157 in 2025 as post-pandemic demand settled. The 2025 annual average ADR of $324 reflects continued rate appreciation; the 2017 average was $175.
May 2026 metrics are all positive year-over-year, which is a favorable signal at a time when many US STR markets are experiencing occupancy pressure from rising supply. The May 2026 ADR of $350 sits above the full-year 2025 average of $324, consistent with the spring peak demand pattern in this market.
Housing price data for Dewey is not available in the current snapshot, so a gross yield or cap rate estimate cannot be computed here. Tier-level revenue breakdowns (entire-home, luxury, professionally managed) are also not available for this market. Annualizing the 2025 monthly average revenue of $5,157 yields approximately $61,884 in gross annual revenue per active listing before expenses, taxes, and platform fees. Arizona’s light regulatory environment is a structural positive for investors, as state preemption law prevents local bans on STRs.
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 →Booking Insights
Booking lead time and average length-of-stay data are not available in the current data snapshot for Dewey. In high-desert and mountain-adjacent markets with a similar spring-peak, fall-shoulder seasonal pattern, guests typically book the March and April peak 4 to 8 weeks in advance for weekend outdoor recreation stays.
The summer trough (August occupancy 50.7%) suggests that demand drops meaningfully but does not collapse, pointing to a base of visitors who are either heat-tolerant or seeking lower-cost accommodations in the shade of the high desert at roughly 4,500 feet elevation. Extended-stay and work-from-home pricing strategies tend to work well in small rural communities during shoulder and off-peak months.
Short-Term Rental Regulations
Short-term rentals are clearly permitted in Dewey under Arizona’s strong statewide preemption law (A.R.S. 9-500.39). Arizona prohibits cities and towns from banning vacation rentals or capping them solely on the basis of their short-term nature. No separate Town of Dewey-Humboldt STR permit or registration ordinance was found.
Every operator must obtain a state Transaction Privilege Tax (TPT) license from the Arizona Department of Revenue. The combined transient-lodging tax for Dewey-Humboldt is approximately 10.33%, composed of state-level components (5.5% and 0.825%), a 2.0% Yavapai County tax, and a 2.0% town tax.
There is no owner-occupancy or primary-residence requirement, and no cap on annual nights rented (owner-residency can only be required for accessory dwelling units approved on or after September 14, 2024, under a 2024 state amendment). Towns may enforce health, safety, building-code, and nuisance rules, require a $500,000 liability insurance minimum, and require advertising disclosure of the permit number, with escalating civil fines for violations. Enforcement in Dewey is classified as minimal. Permit cost data is not published in available sources.
Market Comparison
Dewey’s May 2026 occupancy of 61.7% is above the national US short-term rental median of approximately 55%, and its $350 ADR is above the national median of roughly $220. The market is an above-average performer on both metrics relative to national benchmarks, driven by its proximity to Prescott and the scenic central Arizona corridor.
Year-over-year, all three metrics improved in May 2026 (occupancy +1.77 pp, ADR +0.50%, revenue +0.30%), which stands in contrast to many US STR markets that posted occupancy declines in the same period. Top property manager data is not available for this market in the current snapshot, so operator concentration cannot be reported.
Frequently Asked Questions About Dewey, Arizona
What is the average daily rate for short-term rentals in Dewey, AZ?
What occupancy rate do Dewey STRs typically achieve?
How much revenue can a short-term rental in Dewey, AZ earn per month?
Do I need a permit to run an Airbnb in Dewey, AZ?
What taxes apply to short-term rentals in Dewey, Arizona?
When is the best time to operate an STR in Dewey?
What draws visitors to Dewey-Humboldt, AZ?
Analyze Dewey Rentals
Use our free calculator to estimate Airbnb revenue for any property in Dewey.
Free Dewey STR Calculator →
