Corona, California Short-Term Rental Market
Corona bans short-term rentals; Inland Empire STR data for September 2026 shows $198 ADR, 55.4% occupancy, $2,968 monthly revenue.
Quick Answer: Corona, California is an active short-term rental market. average occupancy in the Riverside market area is 55%. average monthly revenue in the Riverside market area is $2,968. average daily rate in the Riverside market area is $198. the top operator in the Riverside market area is Evolve with 88 listings. market score is 53/100 (grade D).
Market data reflects the Riverside regional market, which includes Corona. Regulations, taxes, and permit details below are specific to Corona.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Short-term rentals are banned in Corona, California. On October 18, 2023, the City Council unanimously adopted Municipal Code Chapter 5.55, which prohibits rentals of 30 consecutive days or fewer citywide, and the last grandfathered permits expired by October 2024. The performance figures below describe the surrounding Inland Empire STR market and are not a legal opportunity inside Corona city limits.
The STR performance series for Corona is shared with other Inland Empire cities, so every performance number on this page refers to the Inland Empire STR market as a whole, not to Corona alone.
As of September 2026, the Inland Empire STR market shows an average daily rate (ADR) of $198, occupancy of 55.4%, and average monthly revenue of $2,968 per listing. Compared with September 2025, occupancy is up 6.7%, ADR is up 1.2%, and revenue is up 5.9%. Summing the twelve seasonal monthly averages gives annual revenue of $33,313 per listing. For the first nine months of 2026, the market averages 58.0% occupancy, a $205 ADR and $3,282 in monthly revenue, compared with 56.1%, $201 and $3,145 for full-year 2025. The high point was 2021, with 65.6% occupancy and $3,395 monthly revenue.
Corona has a population of 159,670 and is a residential and commuter city in Riverside County, about 45 miles southeast of Los Angeles. Its best-known visitor draw is Glen Ivy Hot Springs, and most visitors are regional wellness, day-trip and outdoor recreation travelers from Los Angeles, Orange and San Diego counties and the Inland Empire.
Bedroom, channel and listing-type counts and top operator names are tracked at a shared regional level rather than uniquely for Corona, so this profile omits them.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 51% |
| Feb | 57% |
| Mar | 58% |
| Apr | 56% |
| May | 56% |
| Jun | 62% |
| Jul | 63% |
| Aug | 57% |
| Sep | 55% |
| Oct | 57% |
| Nov | 54% |
| Dec | 57% |
Month-by-month nightly rates and revenue figures for Corona are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Riverside market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Riverside market as a whole, which includes Corona, so these counts are not Corona-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 88 | 1,911 | ★ 4.58 |
| 2 | New Spirit Vacation Homes | 60 | 3,551 | ★ 4.46 |
| 3 | Vacasa | 46 | 2,851 | ★ 4.53 |
| 4 | Host / Eric | 45 | 40 | ★ 4.67 |
| 5 | Holidale | 44 | 11 | ★ 4.57 |
What Kind of STR Should I Buy in Corona?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Corona 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 | 69.4% |
| vrbo | 2.7% |
| both | 28% |
Home Value Trends (Corona)
Typical home values, median sale prices, and the 10-year price trend for Corona 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 Corona — 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
Corona effectively bans short-term residential rentals. Short-term residential rentals, meaning rentals of a dwelling unit for 30 consecutive days or fewer, are prohibited citywide under Corona Municipal Code Chapter 5.55. The City Council unanimously adopted the ordinance on October 18, 2023, and the city stopped issuing new STR permits in every zone from that date.
About 13 previously permitted legal nonconforming units were allowed to operate only until their existing one-year permits expired, with the last expiring by October 2024. Renewals are not allowed, so the phase-out is complete.
Enforcement is strict. Fines for illegal operation were raised to $1,500 for a first violation, $3,000 for a second and $5,000 for a third, up from $100, $200 and $500. The city also engaged a third-party monitoring company to scan Airbnb, VRBO and other platforms for illegal listings.
A 10% Transient Occupancy Tax applies to lawful transient lodging such as hotels and motels under Municipal Code Chapter 3.34. That tax does not legalize short-term rentals.
For investors, operating an Airbnb or VRBO-style rental in Corona is not legally viable. The practical alternatives are 31+ day mid-term or long-term rentals, or hotel-zoned lodging. Always confirm current rules with the City of Corona before buying.
Market Comparison
The Inland Empire STR market in September 2026 shows occupancy of 55.4% and an all-listings ADR of $198. Entire-place listings at $268, professionally managed listings at $373 and luxury listings at $449 all sit well above the all-listings average.
That gap shows that the region’s premium pricing sits in the managed and luxury tiers, while the all-listings average is held down by lower-priced listings.
Trends are favorable. Occupancy is up 6.7% year over year and revenue is up 5.9%, while ADR growth of 1.2% is modest. The market ADR peaked at $214 in 2022 and has run between $201 and $205 since 2023, so rates have flattened while occupancy recovers.
The key difference between Corona and most markets is legal. Many places with comparable numbers allow STRs, but Corona does not. The city’s 10% occupancy tax applies only to hotels and motels, and fines of up to $5,000 apply to illegal short-term listings. Top operator names are tracked at a shared regional level rather than uniquely for Corona, so this profile omits them.
Frequently Asked Questions About Corona, California
Are short-term rentals legal in Corona, CA?
What are the fines for an illegal short-term rental in Corona?
What is the average Airbnb nightly rate in the Inland Empire STR market?
What is the STR occupancy rate in the Inland Empire?
How much does a typical Inland Empire STR earn per month?
What does a home cost in Corona?
What can investors do instead of a short-term rental in Corona?
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