Airbnb Rules and Regulations in Anaheim, California

As of 2024, Anaheim has strict regulations on short-term rentals. The city permits only a limited number of existing short-term rentals to continue operating, subject to rigorous good neighbor policies. New short-term rental permits are no longer being issued, effectively prohibiting the establishment of additional Airbnb properties. Hosts must ensure their rentals comply with all applicable codes and laws, and bookings are required to span a minimum of three consecutive nights.

While there is no annual limit on the total number of booking days, the city imposes a transient occupancy tax on each stay. Quiet hours between 10 PM and 9 AM must be observed, and hosts must provide neighbors with contact information to promptly address any concerns. Failure to adhere to these regulations may result in the revocation of short-term rental permits.

Anaheim Airbnb Market Data:

• Average Revenue – $35.9K per year
• Average Daily Rate – $213.8 per night
• Average Occupancy Rate – 49%
• Average RevPAR – $106.1
• Average Home Prices – $881,544

1. Top Place to Invest in Anaheim, California - Anaheim Resort

Anaheim Resort, a vibrant and bustling area in the heart of Anaheim, California, has emerged as a prime location for real estate investment. With its unparalleled blend of world-class attractions, convenient location, and strong economic fundamentals, this neighborhood offers a compelling opportunity for savvy investors looking to capitalize on the growing demand for short-term rentals and start one for themselves.

Anaheim Airbnb Market Data:

• Average Revenue – $43.9K per year
• Average Daily Rate – $221 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $123.5

Convenience - 8/10

Anaheim Resort boasts exceptional convenience, with easy access to major highways, public transportation, and a wide array of amenities. The area's well-maintained streets and pedestrian-friendly layout make it effortless for residents and visitors alike to navigate the neighborhood and enjoy its many offerings.

Tourist Attractions - 10/10

As the home of Disneyland Park and Disney California Adventure Park, Anaheim Resort is an undisputed mecca for tourists from around the globe. These iconic theme parks and other popular destinations like the Anaheim GardenWalk and the Anaheim Convention Center attract millions of visitors annually, creating a consistent demand for short-term rental accommodations.

Things to Do - 9/10

Beyond the world-famous theme parks, Anaheim Resort offers a plethora of entertainment options, dining experiences, and shopping destinations. From thrilling rides and live performances to diverse culinary delights and unique retail outlets, there is never a dull moment in this dynamic neighborhood.

Average Home Prices - 7/10

According to Zillow data for 2024, the typical home value in Anaheim Resort stands at $729,652, representing a solid 6.0% appreciation over the past year. While prices are higher than in some surrounding areas, the strong demand for short-term rentals in this tourist hotspot can generate attractive returns for investors who carefully manage their properties.

Proximity to Work-Related Travel - 9/10

Anaheim Resort's strategic location makes it an ideal base for work-related travel. The Anaheim Convention Center, one of the largest in the United States, hosts numerous conferences and events throughout the year, drawing business travelers from various industries. Additionally, the area's proximity to major hospitals and sports venues further enhances its appeal for professionals.

X-Factor - 9/10

What sets Anaheim Resort apart is its unrivaled combination of world-class attractions, vibrant atmosphere, and strong economic fundamentals. The area's enduring popularity among tourists and its ability to attract a diverse range of visitors year-round create a unique and desirable environment for short-term rental investments.

2. Top Place to Invest in Anaheim, California - Historic District

Nestled in the heart of Anaheim, the Historic District offers a unique blend of charm, convenience, and investment potential. With its tree-lined streets and beautifully restored homes, this quaint neighborhood has become increasingly attractive to investors looking to capitalize on the growing demand for short-term rentals in a distinctive setting.

Historic District Airbnb Market Data:

• Average Revenue – $31.5K per year
• Average Daily Rate – $527.5 per night
• Average Occupancy Rate – 14%
• Average RevPAR – $117.6

Convenience - 7/10

The Historic District's central location provides easy access to major highways, public transportation, and a variety of local amenities. While the area's vintage charm may not offer the same level of convenience as more modern neighborhoods, its proximity to key destinations and well-maintained infrastructure make it a solid choice for investors and visitors alike.

Tourist Attractions - 6/10

Although the Historic District may not boast world-famous theme parks, it does offer a glimpse into Anaheim's rich history and architecture. Visitors can explore the area's beautifully preserved homes, many of which date back to the early 20th century, and enjoy the quaint atmosphere of this charming enclave.

Things to Do - 6/10

The Historic District's appeal lies in its laid-back ambiance and community events. Visitors can stroll through the neighborhood's picturesque streets, enjoy local cafes and boutiques, or attend annual festivities like the Historic Home Tour. While the area may not have the same breadth of activities as tourist hotspots, its unique character and tranquil setting provide a refreshing change of pace.

Average Home Prices - 8/10

As of 2024, Zillow data indicates that the median home value in Anaheim's Historic District stands at $849,000. This represents a modest 3.2% appreciation over the past year, suggesting a stable and growing market. While prices are higher than in some surrounding areas, the neighborhood's historic charm and potential for short-term rental income make it an attractive option for investors.

Proximity to Work-Related Travel - 6/10

The Historic District's central location provides reasonable access to work-related destinations like the Anaheim Convention Center and local hospitals. However, the area may not be as convenient as other neighborhoods specifically geared towards business travelers or those in close proximity to major employment centers.

X-Factor - 8/10

What sets the Historic District apart is its unique blend of vintage charm and modern amenities. The area's beautifully restored homes and quaint atmosphere create a distinctive setting that appeals to visitors seeking a more authentic and immersive experience. As travelers increasingly seek out unconventional accommodations, the Historic District's character and charm make it an attractive option for short-term rental investments.

3. Top Place to Invest in Anaheim, California - West Anaheim

West Anaheim, a vibrant and diverse neighborhood, has emerged as a promising investment opportunity for those seeking to capitalize on the growing demand for short-term rentals. With its convenient location, affordable housing options, and proximity to major attractions, this area offers a compelling blend of value and potential for those looking to establish an Airbnb business.

West Anaheim Airbnb Market Data:

• Average Revenue – $25.3K per year
• Average Daily Rate – $193.1 per night
• Average Occupancy Rate – 48%
• Average RevPAR – $97.1

Convenience - 8/10

One of West Anaheim's greatest strengths is its exceptional convenience. The neighborhood boasts easy access to major highways, including Interstate 5 and State Route 91, making it a breeze for visitors to explore the surrounding areas. Additionally, the area is well-served by public transportation, with numerous bus routes connecting residents and guests to key destinations throughout Anaheim and beyond.

Tourist Attractions - 7/10

While West Anaheim may not be home to Anaheim's most famous theme parks, it does offer a range of attractions that appeal to a diverse array of visitors. The area is just a short drive from Knott's Berry Farm, a popular amusement park known for its thrilling rides and family-friendly atmosphere. Moreover, the nearby Buena Park Downtown shopping center provides a variety of entertainment options, including movie theaters, restaurants, and retail outlets.

Things to Do - 7/10

West Anaheim offers a wealth of activities for residents and visitors alike. The neighborhood has several parks, including Twila Reid Park and Schweitzer Park, which provide ample outdoor recreation and relaxation opportunities. Additionally, the area boasts a diverse selection of restaurants, cafes, and bars, catering to a variety of tastes and preferences.

Average Home Prices - 9/10

According to Zillow data for 2024, the median home value in West Anaheim stands at $689,000, representing an impressive 7.8% appreciation over the past year. This combination of affordability and strong growth makes the area attractive for investors seeking to maximize their returns. With lower entry prices compared to some of Anaheim's more expensive neighborhoods, West Anaheim offers a compelling opportunity for those looking to enter the short-term rental market.

Proximity to Work-Related Travel - 7/10

West Anaheim's location provides reasonable access to major work-related destinations, such as the Anaheim Convention Center and the UCI Medical Center. While the neighborhood may not be as centrally located as some other areas, its proximity to key transportation routes ensures that business travelers and professionals can easily reach their destinations.

X-Factor - 8/10

What sets West Anaheim apart is its unique blend of affordability, diversity, and potential for growth. The area's multicultural atmosphere and vibrant community create a welcoming environment for visitors from all walks of life. As more travelers seek out authentic experiences and value-oriented accommodations, West Anaheim's distinctive character and attractive pricing make it an increasingly desirable option for short-term rental investments.

4. Top Place to Invest in Anaheim, California - Northeast Anaheim

Northeast Anaheim, a hidden gem in the heart of Orange County, has recently garnered attention from astute investors seeking to capitalize on the burgeoning short-term rental market. This tranquil and well-established neighborhood offers a unique blend of suburban charm, convenient access to major attractions, and a promising investment landscape for those with a keen eye for potential.

Northeast Anaheim Airbnb Market Data:

• Average Revenue – $19.3K per year
• Average Daily Rate – $165.5 per night
• Average Occupancy Rate – 30%
• Average RevPAR – $62.8

Convenience - 7/10

Northeast Anaheim's location provides a balance of serenity and accessibility. While the neighborhood may not be as centrally located as some other areas in Anaheim, it is well-connected to major highways, including the 91 and 57 freeways. This ensures that residents and visitors can easily navigate the city and its surrounding areas, making it a convenient base for exploring all Anaheim offers.

Tourist Attractions - 6/10

Although Northeast Anaheim may not be home to Anaheim's most iconic tourist destinations, it does offer a range of attractions that cater to a variety of interests. The nearby Yorba Regional Park provides ample opportunities for outdoor recreation, with its sprawling green spaces, hiking trails, and picturesque lakes. Additionally, the area is just a short drive from the Richard Nixon Presidential Library and Museum, a fascinating historical site that draws visitors from around the world.

Things to Do - 6/10

Northeast Anaheim's appeal lies in its laid-back atmosphere and community-oriented amenities. The neighborhood boasts several well-maintained parks, including Pelanconi Park and Olive Hills Park, which offer a variety of recreational activities for residents and visitors alike. Moreover, the area is home to a diverse selection of local restaurants, cafes, and shops, providing plenty of options for those seeking to immerse themselves in the local culture.

Average Home Prices - 8/10

As of 2024, Zillow data indicates that the median home value in Northeast Anaheim stands at $799,000. This represents a steady 4.5% appreciation over the past year, highlighting the area's stable and growing housing market. While prices may be slightly higher than some other neighborhoods in Anaheim, Northeast Anaheim's attractive suburban setting and potential for short-term rental income make it a compelling choice for investors.

Proximity to Work-Related Travel - 6/10

Northeast Anaheim's location offers reasonable access to major work-related destinations, such as the Anaheim Canyon Business Center and the Anaheim Regional Transportation Intermodal Center (ARTIC). However, the neighborhood may not be as conveniently situated as some other areas in terms of proximity to the Anaheim Convention Center or other key business hubs.

X-Factor - 7/10

What sets Northeast Anaheim apart is its unique combination of suburban tranquility and untapped potential. The area's well-maintained homes, safe streets, and strong sense of community create an inviting atmosphere that appeals to visitors seeking a more residential experience. As travelers increasingly seek out accommodations that offer a taste of local life, Northeast Anaheim's charm and character make it an intriguing option for short-term rental investments.