Pasadena, California Short-Term Rental Market Overview

Population: 138,699
Annual Visitors: 2,800,000
Total STRs: 970
ADR: $231.61

Visitor Profile

Pasadena, California, attracts approximately 5 million visitors annually, drawn by its rich cultural heritage, vibrant arts scene, and iconic events like the Rose Parade. The visitor demographic is diverse, with a significant portion being families, millennials, and international tourists, particularly from Asia and Europe. The primary reasons for visiting include leisure travel, cultural exploration, and attending major events. The economic impact of tourism in Pasadena is substantial, contributing over $1 billion to the local economy each year, supporting thousands of jobs in hospitality and related sectors. According to the tourism bureau (https://www.visitpasadena.com), the city offers a wide range of attractions, making it a key player in California’s tourism landscape.

In terms of visitor statistics, Pasadena sees a mix of short-term and extended stays, with the average length of stay being around 2.5 nights. The peak seasons for tourism are during spring and winter, coinciding with major events and favorable weather conditions. Primary demographics include visitors aged 25-44, with a balanced gender distribution. Families with children often visit for educational experiences at institutions like the California Institute of Technology and the Norton Simon Museum. Additionally, Pasadena’s proximity to Los Angeles enhances its appeal, as many visitors use it as a base for exploring the broader region. The city is increasingly recognized for its eco-friendly initiatives, attracting environmentally conscious travelers. For more information on attractions and visitor services, check the official resources at the City of Pasadena’s tourism page (https://www.cityofpasadena.net/visitors/).

Top Attractions

Pasadena, California, is a vibrant city known for its rich history, stunning architecture, and diverse cultural offerings. Nestled at the foothills of the San Gabriel Mountains, Pasadena boasts a variety of attractions that cater to all interests. Visitors can explore the iconic Gamble House, a masterpiece of American Arts and Crafts architecture, or stroll through the beautiful Huntington Library, Art Museum, and Botanical Gardens, which features stunning landscapes and an impressive art collection. With a mix of outdoor activities, cultural experiences, and family-friendly options, Pasadena is a destination that promises something for everyone. Whether you’re a history buff, an art enthusiast, or simply looking for a relaxing day out, Pasadena attractions are sure to delight.

One of the top attractions in Pasadena is the Norton Simon Museum, renowned for its impressive collection of European art, including works by Van Gogh, Rembrandt, and Degas. The museum also features beautiful gardens, making it a perfect spot for art lovers and nature enthusiasts alike. For more information, visit their official website. Another must-see is the Pasadena Playhouse, a historic theater that hosts a variety of performances throughout the year, showcasing local talent and classic plays. Families will enjoy the Kidspace Museum, an interactive space designed for children to explore and learn through hands-on exhibits. Lastly, the iconic Rose Bowl Stadium offers guided tours, allowing visitors to delve into its storied history and significance in sports culture. For more attractions and things to do in Pasadena, check out the official visitor guide at Visit Pasadena (https://www.visitpasadena.com/). Discover the charm and excitement of Pasadena’s permanent attractions today!

Regulations

Pasadena short-term rental regulations are designed to ensure that property owners can legally rent out their homes while maintaining community standards and safety. If you are considering entering the short-term rental market in Pasadena, it is crucial to understand the requirements set forth by the city. Property owners must obtain a Short-Term Rental Permit, which requires compliance with various regulations, including zoning laws and safety standards. Additionally, hosts are responsible for collecting and remitting a Transient Occupancy Tax (TOT) of 12% on rental income. Understanding these regulations is essential to avoid penalties and ensure a smooth rental experience.

To operate a short-term rental in Pasadena, property owners must first secure a Short-Term Rental Permit from the city. This permit ensures compliance with local zoning regulations, which dictate where short-term rentals can operate. The city mandates that hosts adhere to safety requirements, including smoke detectors and carbon monoxide alarms. Additionally, property owners must collect a 12% Transient Occupancy Tax on all rental income, which must be reported and paid to the city on a quarterly basis. Failure to comply with these regulations can result in fines and the revocation of the rental permit. For more detailed information on the regulations, visit the official City of Pasadena website (https://dot.ca.gov/caltrans-near-me/district-7/district-7-popular-links/d7-declaration-of-ccrs-city-of-south-pasadena). Understanding these Pasadena short-term rental regulations will help you navigate the process and ensure your rental operation is compliant and successful.

Vacation Rental Market Overview for Pasadena

Pasadena 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.

Pasadena, California Market Performance Trends

LTM Avg. Daily Rate$225.00
LTM Occupancy Rate70.0%
LTM Avg. Revenue$3,128

Short-Term Rental Market Performance Analysis for Pasadena

The short-term rental market in Pasadena 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: emerging growth market with increasing demand

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

Pasadena, California Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:58.5% Booked
  • 4-6 Months:53.8% Booked
  • 7-9 Months:37.8% Booked
  • 10-12 Months:23.6% Booked

Cancellation Policies

  • Flexible:38.4%
  • Moderate:27.6%
  • Strict:33.3%
  • Super Strict:33.3%
  • N/A:0.8%

Minimum Stay

  • 1 Day:271
  • 2 Days:190
  • 3 Days:85
  • 4-6 Days:73
  • 7-29 Days:51
  • 30+ Days:161

Short-Term Rental Regulations and Booking Patterns in Pasadena

Pasadena 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 seasonal policy variations maximizing revenue. 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.

Pasadena, California Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.77 / 5
  • Cleanliness:4.78 / 5
  • Location:4.88 / 5
  • Value:4.74 / 5
  • Accuracy:4.83 / 5
  • Check-in:4.90 / 5
  • Communication:4.91 / 5

Vacation Rental Property Types in Pasadena

The vacation rental market in Pasadena 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 diverse property sizes from studios to large homes. 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.

More Locations In California

Related Short-Term Rental Markets

Explore 280 vacation rental markets within California. 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.

More Locations In California

Related Short-Term Rental Markets

Explore 280 vacation rental markets within California. 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.

Catagories

Other Posts