Airbnb City Guide: The Best Places To Invest in Fort Worth, Texas

Airbnb Rules and Regulations in Fort Worth, Texas

Fort Worth has a registration ordinance for short-term rentals to balance the economic benefits with the need to preserve neighborhood integrity. STRs, defined as residential properties leased for 1 to 29 days, are only permitted in mixed-use, form-based, commercial, and industrial zoning districts while being prohibited in residential areas like A-#, AR, B, R1, R2, CR, C, D, and UR.

To operate legally, hosts must register their properties, pay an initial $150 fee and a $100 annual renewal, and include their permit number in all advertisements. The ordinance also mandates a local responsible party available 24/7, limits occupancy to two persons per bedroom plus two additional guests (maximum of 12), allows only on-premise parking, and bans events and parties. Violations can result in fines up to $2,000 and potential revocation of the STR permit. By adhering to these regulations, STR operators in Fort Worth can contribute to the local economy while maintaining the standards of living in the city's neighborhoods.

Fort Worth Airbnb Market Data:

• Average Revenue – $31.2K per year
• Average Daily Rate – $193.3 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $101.8
• Average Home Prices – $302,359

1. Top Place to Invest in Fort Worth, Texas - Tanglewood

Nestled in the heart of Fort Worth, Tanglewood is a charming neighborhood that offers a perfect blend of residential tranquility and urban convenience. With its tree-lined streets, well-maintained homes, and friendly community, Tanglewood has become an increasingly popular choice for operating an Airbnb business.

Tanglewood Airbnb Market Data:

• Average Revenue – $94.6K per year
• Average Daily Rate – $68.6 per night
• Average Occupancy Rate – 41%
• Average RevPAR – $239.8

Convenience - 8/10

Tanglewood's central location makes it highly convenient for both residents and visitors. The neighborhood is situated close to major highways, ensuring easy access to other parts of the city. Additionally, a variety of grocery stores, restaurants, and shops are just a short drive away, catering to guests' daily needs.

Tourist Attractions - 7/10

While Tanglewood itself is primarily residential, it is located near several notable tourist attractions. The Fort Worth Zoo, ranked as one of the top zoos in the country, is just a few miles away. The Cultural District, home to world-class museums such as the Kimbell Art Museum and the Modern Art Museum of Fort Worth, is also within easy reach.

Things to Do - 7/10

Tanglewood offers a range of activities for visitors to enjoy. The neighborhood features several parks, including Overton Park and Tanglewood Park, providing ample outdoor recreation space. Golf enthusiasts will appreciate the proximity to the prestigious Colonial Country Club, host of the annual PGA Tour event.

Average Home Prices - 6/10

According to Zillow data for 2024, the average home price in Tanglewood is $475,000, which is slightly higher than the overall Fort Worth average. However, the neighborhood has experienced a modest appreciation rate of 2.5% over the past year, indicating a stable and growing market for investors.

Proximity to Work-Related Travel - 8/10

Tanglewood's location makes it an attractive option for those traveling for work. The neighborhood is just a 15-minute drive from the Fort Worth Convention Center and the bustling downtown area. Additionally, Texas Health Harris Methodist Hospital Southwest Fort Worth is located within the neighborhood, making it convenient for medical professionals.

X-Factor - 8/10

What sets Tanglewood apart is its strong sense of community and neighborhood pride. The area is known for its active neighborhood association, which organizes events and initiatives to foster a tight-knit community. This welcoming atmosphere and the neighborhood's beautiful tree-lined streets and well-maintained homes create a desirable environment for Airbnb guests seeking an authentic Fort Worth experience.

2. Top Place to Invest in Fort Worth, Texas - Far Great Northside

Far Great Northside, a hidden gem in Fort Worth, Texas, is an up-and-coming neighborhood that offers a unique blend of affordability, diversity, and potential for growth. As an emerging area, it presents an exciting opportunity for Airbnb and short-term rental investors looking to capitalize on its increasing popularity.

Far Great Northside Airbnb Market Data:

• Average Revenue – $37.9K per year
• Average Daily Rate – $211.2 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $114.5

Convenience - 6/10

Located in the northern part of Fort Worth, Far Great Northside provides reasonable access to the city's amenities. While not as centrally located as some other neighborhoods, it is still within a 20-minute drive of downtown Fort Worth and major highways, making it a viable option for those who don't mind a slightly longer commute.

Tourist Attractions - 5/10

Far Great Northside itself does not boast many major tourist attractions. However, it is near some of Fort Worth's most popular destinations, such as the Stockyards National Historic District and the Fort Worth Museum of Science and History. Visitors staying in the area can easily access these attractions by car.

Things to Do - 6/10

The neighborhood offers a few local parks, such as Rockwood Park and Greenbriar Park, which provide outdoor activities and relaxation spaces. The nearby Mercado Juarez Cafe is a popular spot for authentic Mexican cuisine and live music, offering a taste of the area's vibrant culture.

Average Home Prices - 8/10

One of the most attractive aspects of Far Great Northside for investors is its affordability. According to Zillow data for 2024, the average home price in the area is $225,000, significantly lower than the overall Fort Worth average. The neighborhood has seen a modest appreciation rate of 1.5% over the past year, suggesting potential for future growth.

Proximity to Work-Related Travel - 5/10

Far Great Northside is not particularly close to major work-related travel destinations such as the Fort Worth Convention Center or the city's largest hospitals. However, it is still within a reasonable driving distance, making it a feasible option for those who prioritize affordability over proximity to these locations.

X-Factor - 7/10

What makes Far Great Northside unique is its diverse and vibrant community. The area is known for its strong Hispanic heritage, which is reflected in its local businesses, restaurants, and cultural events. This authentic and welcoming atmosphere can be a significant draw for Airbnb guests seeking a more immersive and off-the-beaten-path experience in Fort Worth.

3. Top Place to Invest in Fort Worth, Texas - Downtown

Downtown Fort Worth is a vibrant, bustling hub that seamlessly blends historic charm with modern amenities. This dynamic neighborhood offers a wealth of opportunities for Airbnb and short-term rental investors seeking to capitalize on the city's thriving tourism industry and growing popularity among business travelers.

Downtown Airbnb Market Data:

• Average Revenue – $37.6K per year
• Average Daily Rate – $212.7 per night
• Average Occupancy Rate – 61%
• Average RevPAR – $116.8

Convenience - 9/10

One of Downtown Fort Worth's greatest strengths is its unparalleled convenience. The neighborhood's central location puts it within easy reach of the city's major attractions, restaurants, and entertainment venues. With a highly walkable layout and excellent public transportation options, guests can easily navigate the area without relying on a car.

Tourist Attractions - 8/10

Downtown Fort Worth boasts an impressive array of tourist attractions that cater to a wide range of interests. The Sundance Square, a 35-block entertainment district, is a major draw, offering a variety of shops, restaurants, and performance venues. The Fort Worth Water Gardens provide a tranquil oasis in the heart of the city, while the nearby Cultural District is home to world-class museums such as the Kimbell Art Museum and the Modern Art Museum of Fort Worth.

Things to Do - 9/10

There's never a dull moment in Downtown Fort Worth, from live music and theater performances to art exhibitions and festivals. Visitors can enjoy a night out at Bass Performance Hall, catch a show at the Scat Jazz Lounge, or explore the many unique shops and galleries scattered throughout the neighborhood. All of these local events and festivities can even help rentals get more bookings if you market accordingly. The area also hosts several annual events, such as the Main St. Fort Worth Arts Festival and the Fort Worth Food + Wine Festival, attracting thousands of visitors yearly.

Average Home Prices - 6/10

According to Zillow data for 2024, the median home price in Downtown Fort Worth is $467,500, which is higher than the city's overall median of $339,601. However, the neighborhood has experienced a modest appreciation rate of 2.8% over the past year, indicating a stable and growing market for investors. While the higher prices may present a barrier to entry for some, the potential for strong rental income and long-term appreciation makes Downtown Fort Worth an attractive option for those with the necessary capital.

Proximity to Work-Related Travel - 9/10

Downtown Fort Worth is a prime location for business travelers, thanks to its proximity to major corporate offices, the Fort Worth Convention Center, and several top-tier hotels. The neighborhood's central location also puts it within easy reach of the city's major hospitals, including Texas Health Harris Methodist Hospital and Baylor Scott & White All Saints Medical Center. This strong corporate and medical presence ensures a steady stream of potential guests for Airbnb and STR properties.

X-Factor - 8/10

Its unique blend of history and modernity sets Downtown Fort Worth apart. The neighborhood seamlessly combines beautifully preserved historic buildings with sleek, contemporary architecture, creating a captivating atmosphere that appeals to a wide range of visitors. The area's thriving arts and culture scene, coupled with its diverse dining and nightlife options, make it a truly distinctive destination that keeps guests coming back time and time again.

4. Top Place to Invest in Fort Worth, Texas - Cultural District

The Cultural District, a vibrant and artsy neighborhood in the heart of Fort Worth, has emerged as a top contender for Airbnb and short-term rental (STR) investments. With its world-class museums, stunning architecture, and thriving culinary scene, this area offers a unique blend of sophistication and Texas charm that appeals to a wide range of visitors.

Cultural District Airbnb Market Data:

• Average Revenue – $33K per year
• Average Daily Rate – $189.9 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $109.3

Convenience - 8/10

Situated just west of downtown Fort Worth, the Cultural District boasts an incredibly convenient location. The neighborhood is easily accessible via major highways, and public transportation options are readily available. Visitors can quickly reach other popular destinations in the city, such as Sundance Square and the Stockyards while enjoying the tranquility of the Cultural District's tree-lined streets.

Tourist Attractions - 9/10

The Cultural District is home to some of Fort Worth's most renowned attractions, making it a magnet for tourists. The Kimbell Art Museum, with its impressive collection of European and Asian art, is a must-see for art enthusiasts. The Modern Art Museum of Fort Worth showcases contemporary works in a stunning architectural setting, while the Amon Carter Museum of American Art celebrates the country's artistic heritage. These world-class institutions draw visitors from around the globe, ensuring a steady stream of potential guests for Airbnb and STR properties.

Things to Do - 8/10

In addition to its museums, the Cultural District offers a variety of activities and experiences for visitors to enjoy. The Fort Worth Botanic Garden, the oldest botanic garden in Texas, provides a lush escape from the city with its beautiful gardens and winding walking trails. The Will Rogers Memorial Center hosts a range of events throughout the year, from rodeos to art festivals, attracting diverse crowds. The neighborhood also features a selection of trendy restaurants, cafes, and bars catering to the culinary preferences of discerning travelers.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home price in the Cultural District is $399,900, which is higher than the overall Fort Worth median of $339,844. However, the neighborhood has experienced a modest appreciation rate of 2.3% over the past year, indicating a stable and growing market for investors. While the higher entry point may present a challenge for some, the potential for strong rental income and long-term appreciation makes the Cultural District an attractive option for those with the necessary capital.

Proximity to Work-Related Travel - 7/10

The Cultural District's proximity to downtown Fort Worth makes it a convenient choice for business travelers. The Fort Worth Convention Center is just a short drive away, as are several major corporate offices. The neighborhood is also within easy reach of Texas Health Harris Methodist Hospital and Cook Children's Medical Center, making it an appealing option for medical professionals and visitors.

X-Factor - 9/10

What sets the Cultural District apart is its unparalleled combination of cultural richness and urban sophistication. The neighborhood's world-class museums, stunning architecture, and beautifully landscaped gardens create a truly unique atmosphere of refinement and inspiration in Fort Worth. This distinctive character, coupled with the area's convenient location and diverse amenities, makes the Cultural District a highly desirable destination for Airbnb guests seeking an elevated and memorable experience.

5. Top Place to Invest in Fort Worth, Texas - Westside

Westside, a charming and rapidly growing neighborhood in Fort Worth, Texas, has captured the attention of investors looking to launch short-term rentals. With its unique blend of suburban tranquility and urban convenience, this area offers a promising opportunity for those seeking to capitalize on the city's expanding tourism market.

Westside Airbnb Market Data:

• Average Revenue – $34.3K per year
• Average Daily Rate – $185.9 per night
• Average Occupancy Rate – 62%
• Average RevPAR – $114.3

Convenience - 7/10

Located just west of downtown Fort Worth, Westside provides easy access to the city's major attractions and business districts. While not as centrally located as some other neighborhoods, it is well-connected by major highways and public transportation routes. Visitors can reach popular destinations such as the Cultural District and Sundance Square within a 15-20 minute drive.

Tourist Attractions - 6/10

Westside does not boast many major tourist attractions, but it is near several popular destinations. The Fort Worth Zoo, consistently ranked among the top zoos in the country, is just a short drive away. The neighborhood is also within easy reach of the Fort Worth Botanic Garden, the oldest botanic garden in Texas, which offers a tranquil escape from the city.

Things to Do - 7/10

Westside offers a variety of local amenities and activities for visitors to enjoy. The neighborhood features several parks, including Rockwood Park and Westside Park, providing ample outdoor recreation and relaxation space. The nearby Ridglea Village Shopping Center offers a selection of shops, restaurants, and entertainment options, catering to the diverse needs of residents and guests alike.

Average Home Prices - 8/10

One of the most attractive aspects of Westside for investors is its relatively affordable home prices. According to Zillow data for 2024, the median home price in the area is $289,900, which is lower than the overall Fort Worth median of $339,844. The neighborhood has experienced a steady appreciation rate of 3.2% over the past year, indicating a growing market with the potential for strong returns on investment.

Proximity to Work-Related Travel - 6/10

While Westside is not as close to major work-related travel destinations as some other Fort Worth neighborhoods, it is still within a reasonable distance. The Fort Worth Convention Center and several major corporate offices are located downtown, approximately a 20-minute drive from Westside. The neighborhood is also within a 15-minute drive of Texas Health Harris Methodist Hospital Southwest Fort Worth, making it a viable option for medical professionals and visitors.

X-Factor - 7/10

What sets Westside apart is its strong sense of community and neighborhood charm. The area is known for its friendly residents, well-maintained homes, and tree-lined streets, creating a welcoming atmosphere for visitors. This suburban tranquility and the neighborhood's proximity to urban amenities make Westside an appealing choice for Airbnb and STR guests seeking a comfortable and convenient home base while exploring Fort Worth.

6. Top Place to Invest in Fort Worth, Texas - Ridglea Country Club Estates

Nestled in the heart of Fort Worth, Ridglea Country Club Estates is a hidden gem that has captured the attention of Airbnb and short-term rental investors. This charming neighborhood, built around the prestigious Ridglea Country Club, offers a unique blend of suburban tranquility, mid-century charm, and proximity to the city's top attractions.

Ridglea Country Club Estates Airbnb Market Data:

• Average Revenue – $32.5K per year
• Average Daily Rate – $169.2 per night
• Average Occupancy Rate – 73%
• Average RevPAR – $123.3

Convenience - 7/10

Ridglea Country Club Estates boasts a convenient location with easy access to major highways and amenities. While the neighborhood itself has a low walk score, residents can quickly reach shopping centers, restaurants, and entertainment venues within a short drive. The nearby Cultural District and downtown Fort Worth are just a 15-20 minute drive away, offering a wealth of dining, shopping, and cultural experiences.

Tourist Attractions - 6/10

While Ridglea Country Club Estates is primarily residential, it is near several popular tourist attractions. The Fort Worth Zoo, consistently ranked among the top zoos in the country, is just a short drive away. The neighborhood is also within easy reach of the Fort Worth Botanic Garden, the oldest botanic garden in Texas, and the renowned Cultural District, home to world-class museums such as the Kimbell Art Museum and the Modern Art Museum of Fort Worth.

Things to Do - 7/10

Residents of Ridglea Country Club Estates enjoy access to a variety of recreational activities and amenities. The neighborhood features several parks and green spaces, including the private Ridglea Country Club, which offers golf, swimming, and tennis facilities. The nearby Ridglea Theater hosts live performances and events, while the Ridglea Village Shopping Center provides a selection of shops and restaurants. Additionally, the neighborhood's active homeowners association organizes community events and activities throughout the year.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home price in Ridglea Country Club Estates is $397,406, which represents a 16.9% increase from the previous year. While the prices are higher than the overall Fort Worth median, the neighborhood's appreciation rate indicates a growing market with potential for strong returns on investment. Condominiums in the area range from $151,500 to $239,000, offering more affordable options for investors.

Proximity to Work-Related Travel - 6/10

Ridglea Country Club Estates is located within a reasonable distance of major work-related travel destinations. The Fort Worth Convention Center and several major corporate offices are approximately a 20-minute drive from the neighborhood. Texas Health Harris Methodist Hospital Southwest Fort Worth is also within a 15-minute drive, making the area a viable option for medical professionals and visitors.

X-Factor - 8/10

What sets Ridglea Country Club Estates apart is its unique combination of suburban charm, mid-century architecture, and a strong sense of community. The neighborhood's tree-lined streets, well-maintained homes, and active homeowners associations create a welcoming atmosphere for residents and visitors alike. The proximity to the prestigious Ridglea Country Club adds an air of exclusivity and prestige, while the nearby Cultural District and downtown Fort Worth offer a wealth of cultural and entertainment options.

7. Top Place to Invest in Fort Worth, Texas - University

The University neighborhood, located in the heart of Fort Worth, has emerged as a top contender for Airbnb and short-term rental investments. With its vibrant atmosphere, diverse population, and proximity to Texas Christian University (TCU), this area offers a unique opportunity for investors looking to capitalize on the growing demand for short-term accommodations in a college town setting.

University Airbnb Market Data:

• Average Revenue – $44.3K per year
• Average Daily Rate – $310.3 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $148.1

Convenience - 8/10

One of the University neighborhood's greatest strengths is its convenient location. Situated just south of downtown Fort Worth, the area is easily accessible via major highways and public transportation routes. Visitors can quickly reach popular destinations such as Sundance Square, the Cultural District, and the Fort Worth Stockyards while enjoying the laid-back charm of the University area.

Tourist Attractions - 7/10

While the University neighborhood itself may not boast many major tourist attractions, it is located near several popular destinations. The Fort Worth Zoo, consistently ranked among the top zoos in the country, is just a short drive away. The neighborhood is also within easy reach of the Fort Worth Botanic Garden, the oldest botanic garden in Texas, and the renowned Cultural District, home to world-class museums such as the Kimbell Art Museum and the Modern Art Museum of Fort Worth.

Things to Do - 8/10

The University neighborhood offers a variety of activities and experiences for visitors to enjoy. The area is home to a diverse selection of restaurants, cafes, and bars, catering to college students', locals', and tourists' tastes. The nearby Trinity Park provides ample space for outdoor recreation with its walking trails, playgrounds, and picnic areas. Additionally, the neighborhood hosts several annual events, such as the Fort Worth Arts Goggle and the TCU Christmas Tree Lighting, which attract visitors from across the city.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home price in the University neighborhood is $385,000, which is slightly higher than the overall Fort Worth median of $339,844. However, the area has experienced a steady appreciation rate of 3.5% over the past year, indicating a growing market with the potential for strong returns on investment. While the higher entry point may present a challenge for some investors, the demand for short-term rentals in a college town setting can often justify the investment.

Proximity to Work-Related Travel - 7/10

The University neighborhood's proximity to downtown Fort Worth makes it a convenient choice for business travelers. The Fort Worth Convention Center and several major corporate offices are located just a short drive away. The area is also within easy reach of several hospitals, including Texas Health Harris Methodist Hospital Fort Worth and Baylor Scott & White All Saints Medical Center, making it an appealing option for medical professionals and visitors.

X-Factor - 8/10

Its unique blend of college town energy and residential charm sets the University neighborhood apart. The presence of Texas Christian University (TCU) infuses the area with a youthful, vibrant atmosphere, while the tree-lined streets and well-maintained homes provide a sense of community and stability. This distinctive character, combined with the neighborhood's convenient location and diverse amenities, makes it a highly desirable destination for vacationers seeking an authentic Fort Worth experience with a college town twist.

8. Top Place to Invest in Fort Worth, Texas - Western Hills

Western Hills, a charming and peaceful neighborhood in west Fort Worth, has recently caught wind as a great place to start new short-term rental businesses. With its scenic beauty, affordable housing options, and proximity to major attractions, this hidden gem offers a promising opportunity for those seeking to capitalize on the city's growing tourism market.

Western Hills Airbnb Market Data:

• Average Revenue – $26.5K per year
• Average Daily Rate – $167.8 per night
• Average Occupancy Rate – 56%
• Average RevPAR – $92.3

Convenience - 5/10

Located on the western edge of Fort Worth, Western Hills provides a tranquil suburban setting while still offering access to the city's amenities. Although not as centrally located as some other neighborhoods, it is well-connected by major highways, making it easy to reach downtown Fort Worth and other popular destinations within a 20-to 30-minute drive.

Tourist Attractions - 5/10

Western Hills itself does not boast many major tourist attractions, but it is situated near several popular destinations. The Fort Worth Zoo, consistently ranked among the top zoos in the country, is just a 20-minute drive away. The neighborhood is also within reasonable proximity to the Cultural District, home to world-class museums such as the Kimbell Art Museum and the Modern Art Museum of Fort Worth.

Things to Do - 6/10

Western Hills offers a variety of outdoor recreational activities for visitors to enjoy. The neighborhood features several parks, including Rockwood Park and Westover Park, which provide ample space for hiking, picnicking, and relaxation. The nearby Benbrook Lake is a popular spot for fishing, boating, and swimming, offering a scenic escape from the city.

Average Home Prices - 8/10

One of the most attractive aspects of Western Hills for investors is its affordable home prices. According to Zillow data for 2024, the median home price in the area is $265,000, which is significantly lower than the overall Fort Worth median of $339,844. The neighborhood has experienced a modest appreciation rate of 2.8% over the past year, indicating a stable market with potential for steady returns on investment.

Proximity to Work-Related Travel - 5/10

Western Hills is located further away from major work-related travel destinations compared to some other Fort Worth neighborhoods. The Fort Worth Convention Center and several major corporate offices are located downtown, approximately a 30-minute drive from Western Hills. However, the neighborhood is within a 20-minute drive of Texas Health Harris Methodist Hospital Southwest Fort Worth, making it a viable option for medical professionals and visitors.

X-Factor - 7/10

What sets Western Hills apart is its unique combination of natural beauty, suburban charm, and affordability. The neighborhood's rolling hills, mature trees, and well-maintained homes create a peaceful and inviting atmosphere for visitors. This tranquil setting, the area's proximity to outdoor recreational activities, and its affordable housing options make Western Hills an appealing choice for people seeking a quiet and budget-friendly retreat while exploring Fort Worth.