Yuma, Arizona Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 762
ADR: $129.83

Visitor Profile

Yuma, Arizona, attracts approximately 1.5 million visitors annually, making it a significant player in the tourism sector of the Southwest. The visitor demographics reveal a diverse mix, with a notable percentage of retirees and families seeking outdoor activities and cultural experiences. The primary purposes for visiting Yuma include recreational activities, historical exploration, and seasonal events, particularly during the winter months when the weather is most favorable. This influx of tourists contributes significantly to the local economy, generating millions in revenue and supporting various sectors, including hospitality and retail.

Key visitor statistics indicate that the majority of tourists are from neighboring states such as California and Arizona, with a growing number from Canada during the winter months. The average length of stay for visitors is around three to four days, with peak seasons occurring from November to March, coinciding with the mild climate. According to the tourism bureau (https://visityuma.com), outdoor enthusiasts flock to Yuma for its extensive recreational opportunities, including the Colorado River and nearby desert landscapes. Additionally, historical sites like the Yuma Territorial Prison State Historic Park attract many visitors interested in the region’s rich history. The visitor statistics report (https://yumaaz.gov/tourism) shows that events such as the Yuma Lettuce Days Festival and the annual Yuma County Fair draw significant crowds, further enhancing the area’s appeal. For STR operators, understanding these visitor demographics and travel patterns is crucial for tailoring services and marketing strategies to meet the needs of this diverse tourist base. Overall, Yuma’s tourism landscape is vibrant, with a strong economic impact that continues to grow as more visitors discover its unique offerings.

Top Attractions

Yuma, Arizona, is a hidden gem in the southwestern United States, known for its rich history, vibrant culture, and stunning desert landscapes. Visitors can explore a variety of attractions that cater to all interests, from outdoor adventures to cultural experiences. Signature sites like the Yuma Territorial Prison State Historic Park and the Colorado River State Historic Park offer a glimpse into the area’s storied past, while the Yuma Proving Ground showcases the military’s role in the region. Whether you’re traveling with family or seeking a solo adventure, Yuma attractions promise an unforgettable experience filled with unique activities and breathtaking scenery.

One of the must-visit sites is the Yuma Territorial Prison State Historic Park, where you can step back in time and learn about the notorious inmates who once called this place home. The park features original cell blocks, a museum, and stunning views of the Colorado River. For more information, visit their official website at https://azstateparks.com/yuma-territorial. Another highlight is the Colorado River State Historic Park, which celebrates the area’s history and offers beautiful walking paths along the river. This park is perfect for picnics and leisurely strolls, making it one of the top Yuma things to do. Check out their details at https://azstateparks.com/colorado-river. Families will enjoy the Yuma Quartermaster Depot State Historic Park, where you can explore the remnants of a 19th-century military supply depot. The park features informative exhibits and scenic views, ideal for a day of exploration. For more insights, visit https://azstateparks.com/yuma-quartermaster. With its diverse attractions, Yuma is a destination that promises to captivate and inspire all who visit.

Regulations

Yuma, Arizona, has established specific regulations for short-term rentals to ensure compliance with local laws and community standards. Property owners looking to operate short-term rentals must obtain a business license and adhere to zoning regulations that dictate where such rentals can be located. Additionally, owners are required to collect and remit a transaction privilege tax (TPT) of 3.5% on rental income. This tax must be reported quarterly, making it essential for property owners to stay organized with their financial records. Safety requirements, including smoke detectors and fire extinguishers, are also mandatory to protect guests. Understanding these regulations is crucial for anyone looking to enter the short-term rental market in Yuma.

Key requirements for operating a short-term rental in Yuma include obtaining a business license through the City of Yuma. The application process can be initiated online, and it is important to ensure that the property complies with local zoning laws, which can be found in the Yuma Municipal Code. Safety regulations, such as maintaining smoke detectors and fire extinguishers, must be strictly followed. Failure to comply with these regulations can result in penalties, including fines and potential revocation of the business license. For more detailed information on the regulations, visit the City of Yuma’s official website at https://www.yumaaz.gov and review the specific ordinances related to short-term rentals at https://library.municode.com/az/yuma/codes/code_of_ordinances. Understanding these Yuma short-term rental regulations is essential for successful property management.

Vacation Rental Market Overview for Yuma

Yuma attracts visitors with its cultural attractions and historic sites and outdoor recreation and natural beauty. 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.

Yuma, Arizona Market Performance Trends

LTM Avg. Daily Rate$140.00
LTM Occupancy Rate55.6%
LTM Avg. Revenue$1,412

Short-Term Rental Market Performance Analysis for Yuma

The short-term rental market in Yuma 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: mature market with optimized pricing patterns

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

Yuma, Arizona Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$294,467
  • Median Sale Price:$303,257
  • Median List Price:$341,466

Current Inventory

  • Homes For Sale:711
  • New Listings:146

Detailed Market Analysis

The average home value in Yuma, AZ is $294,468, up 1.7% over the past year. Learn more about the Yuma housing market and real estate trends.

Real Estate Market Analysis for Yuma, Arizona

The residential real estate market in Yuma, Arizona presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.

Real estate investments in Yuma, 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.

Yuma, Arizona Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:63.7% Booked
  • 4-6 Months:45.5% Booked
  • 7-9 Months:32.2% Booked
  • 10-12 Months:10.9% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Yuma

Yuma 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 balanced approach between flexibility and stability. 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.

Yuma, Arizona Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Yuma

    The vacation rental market in Yuma 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 concentration in 2-3 bedroom properties ideal for small groups. 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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