2 tracked markets
Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026
Las Vegas is the top Nevada short-term rental market across Airbnb and Vrbo by gross yield, with 18.0% gross yield, $79,277 in average annual revenue, and 6,134 active listings.
Top gross yield
18.0%
Las Vegas
Median gross yield
13.2%
2 markets with yield data
Median annual revenue
$62.1K
Average listing revenue
Tracked markets
2
Statewide market coverage
Filter market rankings
Default rankings show all bedrooms at the average performance tier.
Bedroom count
Performance tier
#1
Las Vegas presents a massive short-term rental market with 6,207 active listings, generating $48,049 in annual revenue and a 10.9% gross yield. While the $314 ADR is strong, investors must navigate a 35% occupancy rate and high competition to succeed here.
Yield
18.0%
Revenue
$79.3K
Listings
6,134
#2
Reno represents an attractive short-term rental market for buyers, generating a strong $40,321 in annual revenue and a 7.5% gross yield. With a solid 45% occupancy rate and an average daily rate of $237, investors can confidently navigate the competition among the 886 active listings.
Yield
8.3%
Revenue
$44.8K
Listings
887
Every market below links to its full BNBCalc market page. Rankings use gross yield first, then annual revenue when yield is missing.
Active listings are Airbnb and Vrbo listings observed as active in the selected market metadata segment. The all-bedrooms view uses all active listings in that market; bedroom filters use the active listing count for the selected bedroom group.
For US markets, BNBCalc ranks state market pages by gross yield: annual Airbnb and Vrbo short-term rental revenue divided by estimated property value. Gross yield is a fast way to compare market-level opportunity before operating expenses, financing, taxes, insurance, seasonality, and local rules.
Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.
ADR is nightly-only and excludes cleaning fees and other guest fees.
Occupancy is adjusted occupancy of bookable nights, excluding host-blocked nights.
Gross yield uses annual revenue divided by estimated property value; it does not include operating expenses, financing, taxes, or local regulation risk.