Mesa, Arizona Short-Term Rental Market Analysis

Mesa, Arizona Short-Term Rental Market Overview

Population: 518,012
Annual Visitors: 100,000
Total STRs: 2,102
ADR: $189.52

Visitor Profile

Mesa, Arizona, attracts approximately 3 million visitors annually, making it a significant player in the tourism market of the Southwest. The city boasts a diverse demographic profile, with a notable percentage of visitors aged 25 to 54, representing around 60% of the total tourist population. Many travelers come for leisure, particularly to enjoy outdoor activities, cultural experiences, and events such as the Mesa Arts Festival. The economic impact of tourism in Mesa is substantial, contributing over $1 billion to the local economy, which underscores the importance of this sector for job creation and community development.

In-depth visitor analysis reveals that the primary demographics of Mesa tourists include families, couples, and solo travelers, with a growing interest from international visitors, particularly from Canada and Mexico. The average length of stay for visitors is about 3.5 nights, with peak seasons occurring from October to April, coinciding with the region’s mild winter climate. According to the Mesa tourism bureau (https://www.visitmesa.com), many visitors are drawn to the area’s rich cultural heritage, including the Mesa Grande Cultural Park and the Arizona Museum of Natural History. Additionally, outdoor enthusiasts flock to the nearby Usery Mountain Regional Park, which offers hiking and biking trails. The visitor statistics report (https://www.visitarizona.com/places/cities/mesa) highlights that the city’s accommodations, including hotels and vacation rentals, experience high occupancy rates during peak seasons, making it essential for STR operators to align their offerings with visitor preferences. Overall, Mesa’s tourism landscape is vibrant, with a promising outlook for continued growth and diversification in visitor demographics.

Top Attractions

Mesa, Arizona, is a vibrant city that offers a rich tapestry of attractions for visitors of all ages. Known for its stunning desert landscapes and cultural diversity, Mesa is home to some signature experiences that are sure to captivate. The Mesa Arts Center stands out with its impressive galleries and performance spaces, while the Arizona Museum of Natural History invites families to explore the wonders of the natural world. For those seeking outdoor adventures, the Usery Mountain Regional Park provides miles of scenic trails for hiking and biking. With a variety of attractions, Mesa promises an unforgettable experience for everyone.

One of the top attractions in Mesa is the Mesa Arts Center, a cultural hub featuring multiple theaters, art galleries, and studios. This center hosts a variety of performances and exhibitions throughout the year, making it a must-visit for art enthusiasts. For more information, visit their official site at https://www.visitmesa.com/things-to-do/.

Another popular destination is the Arizona Museum of Natural History, where visitors can journey through time with exhibits on dinosaurs, ancient civilizations, and Arizona’s rich history. This family-friendly museum offers interactive displays that engage children and adults alike. Learn more at https://www.visitmesa.com/.

Outdoor lovers will appreciate the Usery Mountain Regional Park, which boasts stunning views and numerous hiking trails. This park is perfect for picnicking, birdwatching, and enjoying the beautiful desert scenery. For additional details, check out https://www.visitarizona.com/places/cities/mesa.

With its blend of cultural, educational, and outdoor attractions, Mesa is a fantastic destination for anyone looking to explore the best of Arizona.

Regulations

Mesa, Arizona, has established specific regulations for short-term rentals to ensure safety and compliance within the community. Property owners looking to operate short-term rentals must obtain a Short-Term Rental License, which is essential for legal operation. Additionally, owners are required to collect and remit transaction privilege taxes, which can significantly impact profitability. Zoning restrictions are also in place, limiting where short-term rentals can operate, and safety requirements must be adhered to, including smoke detectors and fire extinguishers. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For those interested in more detailed information, read on to discover the key regulatory requirements for short-term rentals in Mesa.

To operate a short-term rental in Mesa, property owners must first secure a Short-Term Rental License through the City of Mesa. This license is mandatory and ensures compliance with local laws. Owners are also responsible for collecting a transaction privilege tax, which is currently set at 2.0% for short-term rentals, and must be remitted to the city on a monthly basis. Zoning laws restrict short-term rentals to specific areas, so it is vital to verify that your property is located in an eligible zone. Safety requirements include having working smoke detectors and fire extinguishers readily available. Violations of these regulations can lead to fines and potential revocation of the rental license. For further details, visit the official City of Mesa Short-Term Rental License page at https://www.mesaaz.gov/Business-Development/Licensing/Short-Term-Rental-License and the City of Mesa homepage at https://www.mesaaz.gov/Home.

Vacation Rental Market Overview for Mesa

Mesa attracts visitors with its beaches and waterfront activities and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

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Mesa, Arizona Market Performance Trends

LTM Avg. Daily Rate$211.00
LTM Occupancy Rate69.0%
LTM Avg. Revenue$2,883

Short-Term Rental Market Performance Analysis for Mesa

The short-term rental market in Mesa demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: strong seasonal variation with peak summer demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Mesa, Arizona Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:59.3% Booked
  • 4-6 Months:56.7% Booked
  • 7-9 Months:42% Booked
  • 10-12 Months:11% Booked

Cancellation Policies

  • Flexible:39.7%
  • Moderate:33.9%
  • Strict:24.1%
  • Super Strict:24.1%
  • N/A:0.4%

Minimum Stay

  • 1 Day:475
  • 2 Days:335
  • 3 Days:202
  • 4-6 Days:93
  • 7-29 Days:104
  • 30+ Days:99

Short-Term Rental Regulations and Booking Patterns in Mesa

Mesa vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals flexible booking policies attracting last-minute travelers. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Mesa, Arizona Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$436,599
  • Median Sale Price:$430,000
  • Median List Price:$471,500

Current Inventory

  • Homes For Sale:2,045
  • New Listings:539

Detailed Market Analysis

The average home value in Mesa, AZ is $436,600, down 3.2% over the past year. Learn more about the Mesa housing market and real estate trends.

Real Estate Market Analysis for Mesa, Arizona

The residential real estate market in Mesa, Arizona presents unique opportunities for investors and homebuyers alike. Current market dynamics show steady growth patterns in an established market with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.

Real estate investments in Mesa, Arizona benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Mesa, Arizona Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.76 / 5
  • Cleanliness:4.79 / 5
  • Location:4.84 / 5
  • Value:4.76 / 5
  • Accuracy:4.83 / 5
  • Check-in:4.90 / 5
  • Communication:4.87 / 5

Vacation Rental Property Types in Mesa

The vacation rental market in Mesa features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

Market characteristics include a balanced mix of entire homes and private rooms. This distribution reflects local demand patterns and traveler preferences.

Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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Related Short-Term Rental Markets

Explore 65 vacation rental markets within Arizona. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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The short-term rental (STR) market in Mesa, Arizona, is vibrant and growing, with a current total of 1,989 active rentals. The average daily rate (ADR) stands at $215.64, and the occupancy rate is approximately 67%. Notably, the market has a rental demand score of 67.16, indicating a healthy interest in STRs. This summary provides a detailed analysis of Mesa's STR landscape, enabling investors and property managers to make informed decisions.

More Locations In Arizona

Related Short-Term Rental Markets

Explore 65 vacation rental markets within Arizona. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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