Phoenix, Arizona Short-Term Rental Market
Phoenix metro STRs averaged $189 ADR, 57.9% occupancy and $2,841 monthly revenue in September 2026.
Quick Answer: Phoenix, Arizona is an active short-term rental market. average occupancy in the Phoenix/Scottsdale market area is 58%. average monthly revenue in the Phoenix/Scottsdale market area is $2,841. average daily rate in the Phoenix/Scottsdale market area is $189. 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
Phoenix short-term rental performance for September 2026 is reported here for the Phoenix metro STR market, a shared dataset that also covers Laveen, Queen Creek, Scottsdale, Gold Canyon, Buckeye and Casa Grande. Every performance figure below describes that metro-wide market rather than the City of Phoenix alone. Bedroom, channel, and listing-type counts are tracked at a shared regional level rather than uniquely for Phoenix, so this profile omits them.
In September 2026 the average daily rate across all listings was $189 and occupancy was 57.9%. Average monthly revenue per listing came to $2,841. Compared with September 2025, occupancy rose 3.6%, ADR rose 4.6%, and revenue rose 2.1%. Entire-home listings averaged $205 per night, while apartments earned $2,011 per month, entire places earned $3,030, and houses earned $3,247.
The demand base is large. Phoenix has a population of 1,662,607 and drew 20.8 million visitors in 2024, up 2.2% from 2023, who generated $5 billion in direct spending. The typical visitor is 47 years old, travels in a party of 2.7 people, and stays 3.0 nights on average. Top activities include shopping, sightseeing, events, nightlife and swimming. Winter sun-seekers, golf travelers, convention and business visitors and sports fans (Fiesta Bowl, WM Phoenix Open, Spring Training) shape the calendar, which is why the first quarter is the strongest part of the year.
The longer-run data shows the market has held up after the pandemic surge. Average annual occupancy in the series peaked at 68.7% in 2021 and settled at 62.4% in 2025, while ADR climbed from $137 in 2017 to $226 in 2025. Through the first nine months of 2026 the series shows 63.3% occupancy and a $232 ADR. For investors, steady occupancy combined with rising rates is the central fact of this market.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 65% |
| Feb | 74% |
| Mar | 76% |
| Apr | 57% |
| May | 56% |
| Jun | 58% |
| Jul | 60% |
| Aug | 59% |
| 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
Short-term rentals are permitted in the City of Phoenix, with a mandatory permit. The rules below apply to the City of Phoenix; the other towns in the metro market have their own rules and should be checked separately.
The Short-Term Rental Permit is issued by the Planning and Development Department through the SHAPE PHX portal. It has been in effect since November 6, 2023, replacing the earlier registration system. The permit costs $250 and renews annually, with renewal applications due at least 15 working days before expiration. Applications must be approved or denied within 7 days.
Key requirements include an Arizona Transaction Privilege Tax license, liability insurance of at least $500,000 covering STR activity, a 24/7 emergency contact who can respond to complaints within 60 minutes, certified-mail notice to property owners and associations within 600 feet, the permit number on every online listing, and contact information posted within 10 feet of the primary entrance.
There is no owner-occupancy or primary-residence requirement and no cap on nights per year, since Arizona law pre-empts limits based on duration alone. STRs are allowed in detached houses, individual units in one-to-four unit properties, condos and cooperatives. ADUs are generally prohibited, with a limited exception since April 4, 2026 for newer ADUs whose owner submits a notarized attestation of living on the property. HOAs can impose stricter rules that the city ordinance does not override.
The combined tax rate is 13.07% (state 5.5%, Maricopa County 1.77%, city 2.8% and Phoenix lodging tax 3.0%), after the city rate rose from 2.3% on July 1, 2025. Enforcement severity is rated moderate.
Market Comparison
The Phoenix metro STR market in September 2026 posted 57.9% occupancy and a $189 ADR. Entire-home listings earned $205, while professionally managed listings reached $253 and luxury listings reached $463.
The annual series is stronger than the single month suggests. The 2025 average was 62.4% occupancy at a $226 ADR, and the first nine months of 2026 average 63.3% at $232. September falls in the summer low season, so its rates sit below the annual picture.
One limit applies to this comparison. Property manager rankings in the Phoenix area are tracked at a shared regional level rather than uniquely for Phoenix, so this profile omits them. The takeaway for investors is that the metro market rewards winter and spring capture and premium positioning, and it rewards operators who price for the summer instead of leaving rates flat.
Frequently Asked Questions About Phoenix, Arizona
What is the average Airbnb occupancy in the Phoenix metro in September 2026?
How much do short-term rentals earn in Phoenix per month?
What is the average daily rate for a Phoenix Airbnb?
When is the best time of year for Phoenix short-term rentals?
Do I need a permit to run an Airbnb in Phoenix?
What taxes apply to Phoenix short-term rentals?
How much does a typical home cost for a Phoenix STR investor?
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