Phoenix, Arizona Airbnb Market Data 2026

How much can a Phoenix Airbnb earn in 2026, and what does the city make you do before you're allowed to list it?

Well, the good news is that you're allowed to run one, because Arizona law won't let Phoenix ban short-term rentals or cap how many you run. What the city can do, and does, is make every rental carry its own annual permit, and it won't permit a recently built casita or guest unit as a rental unless the owner lives on the property. If the house you're looking at has a unit out back, find out when the city signed off on it before you fall for the pro forma.

On the money side, the latest year of data pulled in two directions, because even as the number of listings edged down, occupancy slipped about 7%, while nightly rates climbed about 17%. That mix is why I'd keep a closer eye on the calendar than on the rate card, and I'll show you what it means for the oversaturation question. The rules I cover are the City of Phoenix's, in Maricopa County, Arizona, while the market figures span the whole Valley around it, where only about a third of the listings sit inside Phoenix itself.

How Much Do Phoenix Airbnbs Earn in 2026?

Phoenix is a big-house market, because homes with four or more bedrooms are the largest group in BNBCalc's bedroom table, and they carry its widest dollar spread, with the high end earning roughly seven to eight times what the low end does. Whatever you end up buying, I'd bet on how well it's run moving your income more than its bedroom count does.

It's also a market where typical gross yield barely moves between one bedroom and four-plus, with studios well behind, so a bigger house buys you a bigger income without buying you a better return.

Who will you be competing with? BNBCalc tracks more than 13,000 active listings across this Valley-wide market, and a large share of those are run by professional hosts. Guests stay a little over six nights on average. Those pros are spread thin, though, because the biggest manager I can find runs about one listing in twenty, which leaves you up against a crowd of small operators rather than a couple of giants. The Phoenix property management rundown lists the local companies and their fees, for anyone weighing a manager.

The market's top tier of listings earns nearly three times what the average listing does, at far higher occupancy, which is worth aiming for, though I'd never let a purchase depend on reaching it.

Is the Phoenix Airbnb Market Oversaturated?

Whether I'd buy into those levels depends on which way they're moving.

Metric	Change vs the prior 12 months
Average nightly rate	+17%
Purchase price	0%
Active supply	Down
Occupancy	−7%

Change across all listings BNBCalc tracks in the market, from September 2024 through August 2025 to September 2025 through August 2026, rounded to the nearest whole percent. Where a row says only Down, the direction is clear but the size isn't, and a measure is left out entirely when this year's data doesn't settle which way it moved.

The first thing I'd notice is which way supply went, because the number of active listings across the market edged down over the year instead of climbing. Occupancy still slipped about 7%, yet nightly rates climbed about 17%.

If you put occupancy and rate side by side, the year looks like a trade. Hosts across the Valley filled less of their calendars than they had the year before, yet they charged a good deal more for the nights that did book, which tells me guests will still pay Phoenix prices, though for fewer nights.

So no, I don't think Phoenix is oversaturated right now, though that answer comes with a catch. You'd call a market oversaturated when new listings pile in faster than guests show up to book them, and in Phoenix the listing count went the other way while rates kept climbing, which isn't how a crowded market behaves. The catch is occupancy, which fell anyway with no rush of new competition to explain it, and my guess is those quieter calendars are why you'll still hear Phoenix called oversaturated. Prices that climb that fast can stall once guests start pushing back on them, so if you're running numbers on a purchase, make sure they still work at today's occupancy, without counting on another jump in rates.

When Is Phoenix's Peak Airbnb Season?

Every figure so far covers the whole year, though, and inside it the calendar has a strong shape, peaking in March and bottoming out in late summer.

Month	Occupancy	Avg nightly rate
Sep 2025	28%	$237
Oct 2025	37%	$287
Nov 2025	40%	$332
Dec 2025	37%	$338
Jan 2026	41%	$349
Feb 2026	53%	$485
Mar 2026	58%	$522
Apr 2026	42%	$399
May 2026	35%	$325
Jun 2026	31%	$273
Jul 2026	31%	$258
Aug 2026	29%	$241

BNBCalc market data for each month from September 2025 through August 2026, across every listing tracked in the Phoenix market. Occupancy and the nightly rate each get averaged on their own, so read the two columns side by side rather than multiplying one by the other.

March is the best month by far, with 58% of nights booked at an average rate of $522, while September, the weakest month, booked 28% at $237, so from September to March occupancy doubles and the nightly rate more than doubles.

I'd picture the year in three pieces: a sharp peak from February through April, a steady run from November to January, and a long, thin summer from June through September, with May and October as the steps in between. That's why a deal that needs March's numbers to work is one I'd walk away from, and you'll want enough cash set aside to carry the property through four hot months when fewer than a third of nights book, at nightly rates roughly half of March's.

Day of the week matters too, because demand swings across the week harder than most hosts' prices do. Occupancy on a Friday or Saturday runs about 20% higher than on an average day, while Monday and Tuesday sit about 16% lower. Rates follow the same pattern at roughly half to two-thirds of the strength, peaking around 14% above average on a Friday and dipping about 9% early in the week, so I'd say a lot of Phoenix hosts charge too much for the quiet part of the week. That's a gap I'd close with a proper midweek discount before touching weekend prices at all.

Where Should You Buy an Airbnb in Phoenix?

That calendar covers the whole Valley, but the earnings don't spread evenly across it, and neither do the rules.

This market spans far more than one city, and only 31.9% of its listings sit inside Phoenix's city limits, so I've put the numbers in two tables: Phoenix's own urban villages first, then the cities and towns around it.

Inside the City of Phoenix

Phoenix divides itself into 15 official urban villages, each with its own planning committee, and that's the map I've used, placing every measurable listing in the city inside one.

Rank	Urban village	Median annual revenue	Median nightly rate	Median occupancy	Top quartile starts at
1	Paradise Valley	$50,406	$454	32%	$75,404
2	Desert View	$36,183	$344	31%	$46,985
3	Ahwatukee Foothills	$35,437	$331	30%	$45,765
4	North Gateway	$33,914	$356	27%	$44,411
5	Deer Valley	$32,798	$315	31%	$47,256
6	Camelback East	$27,125	$249	32%	$51,967
7	North Mountain	$24,797	$236	31%	$38,725
8	Alhambra	$23,717	$204	33%	$37,740
9	Laveen	$22,816	$245	28%	$32,231
10	South Mountain	$21,096	$225	30%	$30,514
11	Maryvale	$20,184	$211	29%	$29,763
12	Central City	$20,180	$161	35%	$27,571
13	Encanto	$19,311	$175	33%	$30,667
14	Estrella	$17,300	$172	28%	$28,719

BNBCalc listing data for 2026, placed within the City of Phoenix's official urban village boundaries. The first three columns are medians; the last is where the top quartile begins. Median occupancies here run below the monthly table's because they're the midpoint of individual listings rather than a market-wide average, so compare villages with each other, not with that table. Rio Vista is too thin to measure reliably, and thin rows like North Gateway, Laveen and Estrella will shift between refreshes.

The name at the top needs a warning, because Paradise Valley here is the Phoenix village around the site of the old Paradise Valley Mall and Kierland Commons, not the separate Town of Paradise Valley. Four in five of its listings have three or more bedrooms, and its median runs almost 40% ahead of second-place Desert View, which makes it the part of Phoenix that looks most like Scottsdale on a spreadsheet.

The row I find more useful sits mid-table. Camelback East, the village around 24th Street and Camelback Road that also takes in Papago Park, the zoo and the Desert Botanical Garden, posts a fairly ordinary median, yet its top quartile starts at nearly double that, the biggest relative gap in the city. That tells me two houses a few streets apart there can earn very different money, depending on who runs them and what's been put into them.

Downtown works the other way around. Central City has the busiest calendars of any village at a 35% median occupancy, but on a $161 median rate, and only about one in eight of its listings has three or more bedrooms. I'd see it as a crowded small-unit game, where the typical place fills often and earns little.

If I were buying inside the city limits, then, I'd look first at Paradise Valley village for a large home, and at Camelback East if you're confident you can run a place into its top quartile, while I'd only go downtown for a small, cheap unit you're happy to keep busy.

For what it's like to own in each part of town, read the Phoenix neighborhood guide for Airbnb investors alongside these tables.

Across the Rest of the Valley

What I didn't expect is that once you step outside the city limits, the typical listing earns almost exactly the same. Measured by the city's own boundary, the median inside Phoenix is $30,232 and the median everywhere else in the market is $30,580, so the line on the map changes the paperwork far more than the income, although it does change which city comes out on top.

Rank	City or town	County	Median annual revenue	Median nightly rate	Median occupancy
1	Scottsdale	Maricopa	$37,257	$346	32%
2	Gilbert	Maricopa	$33,226	$311	32%
3	Fountain Hills	Maricopa	$32,532	$386	27%
4	Peoria	Maricopa	$30,914	$297	30%
5	Chandler	Maricopa	$30,657	$278	33%
6	Phoenix	Maricopa	$30,237	$275	32%
7	Goodyear	Maricopa	$30,100	$298	29%
8	Glendale	Maricopa	$29,894	$278	31%
9	Casa Grande	Pinal	$29,247	$239	30%
10	Surprise	Maricopa	$28,433	$262	30%
11	Mesa	Maricopa	$27,044	$262	30%
12	Tempe	Maricopa	$27,020	$237	34%
13	San Tan Valley	Pinal	$23,779	$229	29%

Medians from BNBCalc's 2026 listing data, grouped by US Census city and town boundaries and limited to the places deep enough to rank. Census lines differ slightly from the city's own boundary, so the Phoenix row won't match the median quoted above, and these rows shouldn't be set against the village rows.

Scottsdale leads the larger cities with a median about 22% above the market's, and it also holds roughly a quarter of all the listings in the market, which to me makes it the one place in the Valley that's both deep and well paid. The Town of Paradise Valley doesn't appear because its sample is too small to rank.

Before any of this turns into an offer, keep in mind the City of Phoenix's rules stop at its border, and the city a parcel sits in decides which permit rules and which city tax rate apply to it. Scottsdale, for example, requires its own license and charges a 1.7% privilege tax plus a 5.0% transient lodging tax on short stays, against Phoenix's 2.8% plus 3.0%, which the Scottsdale short-term rental regulation guide covers in full. The Pinal County towns to the south and east sit under a different county tax as well.

Which Amenities Make the Most Money in Phoenix?

Once you've picked your part of the Valley, what should go inside the house?

The one amenity BNBCalc publishes openly for Phoenix is a hot tub, worth about 11% more revenue in its current amenity model. I think most people picture a pool first when they think of a Phoenix rental, and the pool does carry a measurable signal here, alongside an EV charger, a barbecue, a sauna, bicycles and allowing pets. The full values for those sit in BNBCalc Markets, and a missing figure here isn't a sign that the pool doesn't pay.

If a pool is part of your plan, I'd budget for fencing too, because Phoenix's permit paperwork makes you acknowledge that the address has to meet the city's pool barrier requirements.

A cleaning fee is the first thing I'd add, because fewer than half of the market's listings, 45%, charge one. Hosts who do charge average $197, with bigger homes charging more, and spread across all listings, fee or no fee, cleaning brings in roughly $2,400 a year. My second would be the midweek discount I mentioned earlier, and neither one needs any spending.

Is Airbnb Legal in Phoenix?

Can you legally run one, then? In Phoenix, yes, as long as you do the paperwork, and there's a fair amount of it.

Arizona's short-term rental statute, A.R.S. §9-500.39, opens by saying a city may not prohibit short-term rentals, and then lists the few things a city is allowed to regulate, such as health and safety rules, nuisances, emergency contacts, a permit and insurance. A cap on how many rentals you run isn't on that list, so it doesn't matter whether you're buying your first place or your fifth.

What Phoenix does require is a short-term rental permit for every rental, from its Planning and Development Department, and that system has been in place since November 6, 2023, when it replaced an older registration. It costs $250 for the initial permit and $250 at each yearly renewal, non-refundable either way, although the city does have to issue or deny it within seven business days of a complete application.

To get there, the city's permit affidavit asks you to confirm several things first:

• a state transaction privilege tax license from the Arizona Department of Revenue;
• the property registered as a rental with the Maricopa County Assessor;
• liability insurance of at least $500,000 on the rental;
• a notarized statement that neither you nor your designee is a registered sex offender or has been convicted, in the past five years, of a felony involving death, serious injury or a deadly weapon;
• a description or map showing where the smoke detectors, carbon monoxide detectors and fire extinguishers are.

Before you first list the property, you'll also need to mail a certified notice to the homes bordering yours on every side and directly or diagonally across the street (or every unit on your floor, in a multifamily building) and to any HOA or registered neighborhood association within 600 feet, then attest to the city that you did it. After that, your permit number goes on every ad.

The requirement the city added to its application this year is the one I'd check before anything else. Since April 4, 2026, an application for an accessory dwelling unit whose certificate of occupancy was issued on or after September 14, 2024 needs a notarized attestation, with proof of address, that the owner will live on the property. The way the city's STR page words it, the rule covers any property with such a unit, so if a listing showed a recently built casita, I'd ask for its certificate date before making an offer, even if I only planned to rent the main house. Your HOA is a separate question again, because the state law limits cities and says nothing about your community's covenants.

Then there's the tax, which guests pay on top of your nightly rate. The City of Phoenix's combined tax rate chart, effective January 2026, puts a stay of 29 nights or fewer at 13.07%: 5.5% for the state, 1.77% for Maricopa County and 5.8% for the city. Airbnb adds those taxes to the guest's bill and pays them over on the bookings it carries, but on a booking you take directly, charging and reporting the tax is your job.

Enforcement runs through the city's Neighborhood Services Department, and the fines climb with each violation inside a year, from $500 or one night's rent for the first to $3,500 or three nights' rent for the third. Three violations in 12 months, or a single serious one, can also cost you the permit for as long as a year. For the full application steps and the city contacts, work through the Phoenix short-term rental regulation guide.

Where Does This Phoenix Airbnb Data Come From?

The city's paperwork is all in that guide, and the market data behind this article is pulled from BNBCalc Markets, the BNBCalc product that researches and ranks short-term rental markets. It also splits a market's week into individual nights, showing which ones book and at what rate, so if you take my advice on a midweek discount, that's where you'd check how far Monday and Tuesday trail the weekend before you decide how deep to cut.

How Do You Estimate Airbnb Revenue for a Phoenix Property?

All of this describes the Valley as a whole, but you're buying one house, and a Phoenix address can sit in a strong village and still lose money for reasons you'd never see in a median.

I'd start with the Phoenix market page for up-to-date revenue, occupancy and month-by-month figures. Then check how Arizona's markets rank by gross yield if you're still deciding between the Valley and somewhere else, and once there's a specific house in front of you, put it into BNBCalc with the price, financing and running costs you'd face.

What would I want settled before signing anything in Phoenix? The casita question comes before everything, so I'd look for a guest unit, ask for the date on its certificate of occupancy and read the HOA covenants, because either one can decide whether you're allowed to rent the place the way you planned. After that, I'd stress-test the cash reserve against late summer, not March, because in August and September only about three nights in ten booked, at around $240 a night. Then I'd take the $250 permit and the insurance premium off the gross and set the nightly rate with the guest's 13.07% lodging tax in mind, as it lands on top of the price they compare.

A year when prices climb and calendars thin out is easy to misread in both directions, because if you only look at the rates the market seems healthier than its bookings are, and if you only look at the empty nights you'd miss that guests are still paying more for the ones that book. The investors who come through one well tend to underwrite on the occupancy in front of them, treat the higher rates as something they might have to give back, and trust the numbers on their own address over either.

Frequently Asked Questions

How Much Does an Airbnb Make in Phoenix?

A typical listing across the Phoenix market earns about $30,500 a year, the median in BNBCalc's 2026 listing data, and bigger homes generally earn more. The market's top tier of listings earns nearly three times the average listing, at far higher occupancy. Guests pay the 13.07% lodging tax on top for stays in the city of Phoenix.

Is Airbnb Still Profitable in Phoenix in 2026?

It can be. Over the 12 months to August 2026, nightly rates across all listings rose about 17% while occupancy fell about 7%, and the number of active listings edged down. That leaves a host's income depending more on pricing than on filling nights. The comparison is with September 2024 through August 2025, in BNBCalc market data.

What Is the Best Month for Airbnb in Phoenix?

March is the strongest month, at 58% occupancy and a $522 average nightly rate. September is the weakest, at 28% occupancy and a $237 average nightly rate. The peak runs from February through April and the slow season from June through September, in BNBCalc's monthly data across all listings from September 2025 through August 2026.

Do You Need a Permit to Run an Airbnb in Phoenix?

Yes. Since November 6, 2023, every short-term rental in Phoenix needs a city permit, costing $250 initially and $250 at each annual renewal. Applicants need an Arizona transaction privilege tax license, Maricopa County Assessor rental registration, at least $500,000 in liability insurance and a notarized background attestation, and must notify neighbors by certified mail before first listing.

Can You Buy an Investment Property in Phoenix and Run It as an Airbnb?

Generally yes. Arizona law bars cities from prohibiting short-term rentals, and a cap on how many one owner operates isn't among the regulations it permits. The main exception involves accessory dwelling units whose certificate of occupancy was issued on or after September 14, 2024: since April 4, 2026, Phoenix requires a notarized attestation that the owner lives on the property. HOA covenants can also restrict rentals.

Which Part of Phoenix Earns the Most on Airbnb?

Among the city's 15 official urban villages, Paradise Valley village leads with a median annual revenue of $50,406, followed by Desert View at $36,183 and Ahwatukee Foothills at $35,437. Central City, which includes downtown, has the highest median occupancy at 35% but a median revenue of $20,180. Across the wider Valley, Scottsdale leads the larger cities at $37,257, based on BNBCalc's 2026 listing data.

How Many Airbnbs Are There in the Phoenix Area?

BNBCalc tracks more than 13,000 active listings across the Phoenix market, with professional hosts running a large share. Active supply edged down slightly over the 12 months to August 2026. About a third of the market's listings sit inside Phoenix city limits, and Scottsdale alone holds roughly a quarter.