Phoenix, Arizona Short-Term Rental Market
Phoenix STRs averaged $273/night at 59.4% occupancy in April 2026 across approximately 33,800 active listings.
Quick Answer: Phoenix, Arizona is an active short-term rental market. average occupancy in the Phoenix/Scottsdale market area is 57%. average monthly revenue in the Phoenix/Scottsdale market area is $2,947. average daily rate in the Phoenix/Scottsdale market area is $188. the top operator in the Phoenix/Scottsdale market area is Evolve with 986 listings. market score is 50/100 (grade D).
Market data reflects the Phoenix/Scottsdale regional market, which includes Phoenix. Regulations, taxes, and permit details below are specific to Phoenix.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
The Phoenix short-term rental market is one of the largest in the United States, with approximately 33,886 active listings tracked across the metro. In April 2026 (the most recent full data month), the market posted an average daily rate of $273 and occupancy of 59.4%, yielding RevPAR of $162.01 and average monthly revenue per listing of $4,642.
Year-over-year performance continues to improve: occupancy is up 1.14 percentage points, ADR is up 3.05%, and revenue is up 3.30% compared to April 2025.
Entire-place listings dominate the supply mix, accounting for 30,371 units (89.6% of all listings), with private rooms representing 3,439 (10.1%) and shared rooms making up 76 (0.2%). By bedroom count, one-bedroom units lead at 10,397 listings, followed by two-bedroom (7,617), three-bedroom (7,310), four-bedroom (5,504), and five-bedroom-plus (3,003). The market supports a wide range of property sizes and use cases, from compact urban studios to large resort-style homes.
On the channel side, 16,245 listings appear on both Airbnb and VRBO, 14,516 are Airbnb-only, and 3,125 are VRBO-only, indicating that multi-channel distribution is the dominant strategy among Phoenix hosts.
The platform’s composite market score sits at 50.14 out of 100, with rental demand (68.21), revenue growth (69.04), and investability (65.14) as the strongest sub-scores. Seasonality scores 61.69 and regulation scores 57.43, reflecting a moderate regulatory environment and meaningful seasonal demand swings.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 65% |
| Feb | 74% |
| Mar | 76% |
| Apr | 57% |
| May | 56% |
| Jun | 58% |
| Jul | 60% |
| Aug | 60% |
| Sep | 59% |
| Oct | 63% |
| Nov | 63% |
| Dec | 58% |
Month-by-month nightly rates and revenue figures for Phoenix are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Phoenix/Scottsdale market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Phoenix/Scottsdale market as a whole, which includes Phoenix, so these counts are not Phoenix-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 986 | 34,477 | ★ 4.73 |
| 2 | Vacasa | 482 | 9,783 | ★ 4.56 |
| 3 | CozySuites | 332 | 4,498 | ★ 4.00 |
| 4 | Zona Multifamily | 297 | 1,800 | ★ 2.67 |
| 5 | Park Royal | 229 | 17 | ★ 4.65 |
What Kind of STR Should I Buy in Phoenix?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Phoenix are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 42.8% |
| vrbo | 9.2% |
| both | 47.9% |
Home Value Trends (Phoenix)
Typical home values, median sale prices, and the 10-year price trend for Phoenix are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Phoenix — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Phoenix requires a Short-Term Rental Permit from the Planning and Development Department, mandatory since November 6, 2023. The permit costs $250 annually and must be renewed each year; renewal applications are due at least 15 working days before expiration. Applications are submitted through the SHAPE PHX online portal and must be approved or denied within 7 days of submission.
Key requirements for the permit include: a valid Arizona Transaction Privilege Tax (TPT) license from AZTaxes.gov; liability insurance of at least $500,000 specifically covering STR activities; a 24/7 emergency contact who can respond to complaints within 60 minutes; certified-mail notification to all property owners within 600 feet with proof of delivery; the permit number displayed on every online listing; and contact information posted within 10 feet of the primary entrance.
There is no owner-occupancy requirement and no cap on the number of rental nights per year for standard STR properties. Arizona state law pre-empts municipalities from restricting rentals based on duration alone.
The combined tax rate on gross rental income is 13.07% as of July 1, 2025: state TPT 5.5% plus Maricopa County transient lodging 1.77% plus City of Phoenix TPT 2.8% (raised from 2.3% via Ordinance G-7369, effective July 1, 2025) plus the Phoenix additional transient lodging tax of 3.0%.
ADUs are generally prohibited from STR use. An exception applies effective April 4, 2026: properties where an ADU received a certificate of occupancy on or after September 14, 2024 may operate an STR if the owner submits a notarized attestation of residing on the same property.
HOAs may impose additional restrictions that the city ordinance does not override. Enforcement severity is rated moderate.
Market Comparison
Against national benchmarks, Phoenix sits above average on both occupancy and ADR. The U.S. STR median occupancy hovers around 55% and the national median ADR is approximately $220. Phoenix’s April 2026 figures of 59.4% occupancy and $273 ADR both exceed those benchmarks, with ADR running roughly 24% above the national median.
RevPAR of $162 compares favorably to markets of similar size. The total market score of 50.14 reflects that Phoenix is a mature, large-volume market rather than a high-margin niche destination: scale is high, supply is competitive, and revenue growth is incremental rather than breakout.
On the operator side, Evolve leads the Phoenix market with 986 professionally managed listings and 34,477 reviews at a 4.734 average rating. Vacasa holds 482 listings with 9,783 reviews at a 4.564 rating. CozySuites operates 332 listings at a 4.000 rating. The top three operators together account for 1,800 listings, roughly 5.3% of the estimated total supply, meaning the Phoenix market is not heavily consolidated and individual operators compete broadly.
Seasonality scores 61.69, indicating the market has more volatility than average but is not extreme. Revenue growth at 69.04 and rental demand at 68.21 are above-median scores, pointing to ongoing demand expansion rather than a saturating market.
Frequently Asked Questions About Phoenix, Arizona
What is the average daily rate for Phoenix Airbnb rentals?
What occupancy rate can I expect for a Phoenix short-term rental?
How much can a Phoenix Airbnb earn per month?
Does Phoenix require a permit to operate a short-term rental?
What taxes apply to Phoenix short-term rentals?
When is peak season for Phoenix short-term rentals?
Who are the top property managers in Phoenix for short-term rentals?
Analyze Phoenix Rentals
Use our free calculator to estimate Airbnb revenue for any property in Phoenix.
Free Phoenix STR Calculator →
