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Airbnb City Guide: The Best Places To Invest in Las Vegas, Nevada

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Airbnb Rules and Regulations in Las Vegas, Nevada

Las Vegas implements tight regulations for short-term rentals, including those listed across all rental booking platforms. Hosts must obtain a short-term rental permit and a business license, which requires proof of liability insurance with a minimum coverage of $500,000. Properties are subject to a 660-foot density limit between short-term rentals and must be the owner's primary residence. Occupancy is limited to two people per bedroom, with a maximum of 16 guests total.

Quiet hours are enforced between 10 PM and 7 AM, and all vehicles must be parked on-site before utilizing street parking. Hosts are responsible for collecting and remitting transient lodging taxes ranging from 10% to 14%, depending on the property's location within the city. Strict noise and trash management policies are in place to maintain neighborhood harmony, and special events like parties and weddings are prohibited. The city provides a 24-hour complaint hotline to address any issues that may arise from short-term rental properties.

Las Vegas Airbnb Market Data:

  • Average Revenue – $52.5K per year
  • Average Daily Rate – $311.6 per night
  • Average Occupancy Rate – 56%
  • Average RevPAR – $169.4
  • Average Home Prices – $407,969

1. Top Place to Invest in Las Vegas, Nevada - The Las Vegas Strip

The Las Vegas Strip, an iconic 4.2-mile stretch of Las Vegas Boulevard, is a glittering oasis of entertainment, luxury, and excitement. As the heart of Sin City, this vibrant area attracts millions of visitors annually, making it a prime location for Airbnb and short-term rental investors seeking to capitalize on the city's thriving tourism industry.

The Las Vegas Strip Airbnb Market Data

  • Average Revenue – $61K per year
  • Average Daily Rate – $362.4 per night
  • Average Occupancy Rate – 62%
  • Average RevPAR – $197

Convenience: 8/10

The Strip offers unparalleled convenience for both residents and visitors alike. With numerous hotels, casinos, restaurants, and shops lining the boulevard, everything you need is just a short walk or ride away. The area is well-connected by public transportation, including the Las Vegas Monorail and various bus routes, ensuring easy access to all the action.

Tourist Attractions: 10/10

Boasting an unrivaled array of world-famous casinos, dazzling shows, and extravagant attractions, the Las Vegas Strip is a tourist magnet like no other. From the iconic Bellagio fountains to the towering High Roller observation wheel, there's no shortage of captivating sights and experiences to keep visitors entertained around the clock.

Things to Do: 9/10

Whether you're a high-roller or a budget-conscious traveler, the Strip caters to every taste and preference. Indulge in fine dining at celebrity chef restaurants, catch a mesmerizing Cirque du Soleil performance, or dance the night away at one of the many nightclubs. For a change of pace, explore the nearby Fremont Street Experience or take a scenic drive to the awe-inspiring Grand Canyon.

Average Home Prices: 7/10

According to Zillow, the typical home value in The Strip area as of 2024 is $427,789, representing a 4.8% increase over the past year. While prices are higher compared to other parts of Las Vegas, the potential for strong rental income and appreciation makes investing in this prime location a smart move for savvy investors.

Proximity to Work-Related Travel: 9/10

The Las Vegas Strip is conveniently located near several key destinations for work-related travel. The Las Vegas Convention Center, a major hub for trade shows and conferences, is just a short drive away. Additionally, the area is close to numerous hospitals, including University Medical Center and Sunrise Hospital & Medical Center, making it an ideal base for medical professionals.

X-Factor: 10/10

What sets the Las Vegas Strip apart is its unmatched energy and 24/7 excitement. From the dazzling neon lights to the endless entertainment options, this iconic destination offers a one-of-a-kind experience that keeps visitors coming back for more. Owning a property and transforming it into an Airbnb in this dynamic area provides a unique opportunity to tap into the city's thriving tourism market and enjoy strong rental demand year-round.

2. Top Place to Invest in Las Vegas, Nevada - Summerlin

Nestled against the stunning Red Rock Canyon National Conservation Area, Summerlin is a vibrant, master-planned community offering an unparalleled Las Vegas living experience. This 22,500-acre oasis boasts a perfect blend of residential, commercial, and recreational amenities, making it an attractive option for Airbnb and short-term rental investors.

Summerlin Airbnb Market Data

  • Average Revenue – $60.1K per year
  • Average Daily Rate – $360.3 per night
  • Average Occupancy Rate – 54%
  • Average RevPAR – $190.7

Convenience: 8/10

Summerlin's well-designed layout and strategic location provide residents with easy access to a wide array of amenities. The community features over 150 miles of walking trails, connecting neighborhoods to parks, schools, and shopping centers. Downtown Summerlin, the area's premier retail and entertainment destination, is just a short drive away, offering diverse shops, restaurants, and entertainment options.

Tourist Attractions: 7/10

While Summerlin itself is not a primary tourist destination, its proximity to the Las Vegas Strip and other notable attractions makes it an appealing choice for visitors. Red Rock Canyon, a popular spot for hiking, rock climbing, and scenic drives, is just a stone's throw away. The Las Vegas Ballpark, home to the Las Vegas Aviators minor league baseball team, draws sports enthusiasts from all over the city.

Things to Do: 9/10

Summerlin offers a plethora of recreational activities for residents and visitors alike. The community boasts over 150 parks, including sports fields, playgrounds, and picnic areas. Golf enthusiasts can enjoy the challenging fairways at TPC Las Vegas and Angel Park Golf Club. For those seeking indoor entertainment, Downtown Summerlin features a luxury movie theater and a variety of dining and shopping options.

Average Home Prices: 7/10

According to Zillow, the typical home value in Summerlin as of 2024 is $577,745, which represents a 3.2% increase over the past year. While prices are higher compared to some other areas in Las Vegas, Summerlin's strong appreciation rates and high quality of life make it a solid investment opportunity. Investors can expect steady rental income and long-term value growth.

Proximity to Work-Related Travel: 8/10

Summerlin's location provides convenient access to major employment centers, hospitals, and convention spaces. Summerlin Hospital Medical Center and Mountain View Hospital are both within the community, while the Las Vegas Convention Center and McCarran International Airport are just a short drive away. This makes Summerlin an attractive option for business travelers and medical professionals.

X-Factor: 9/10

Its commitment to creating a true sense of community sets Summerlin apart. The thoughtfully designed neighborhoods, abundant green spaces, and top-rated schools foster a strong sense of belonging among residents. The community's active lifestyle, promoted through its numerous parks, trails, and recreational facilities, is another significant draw for potential renters.

3. Top Place to Invest in Las Vegas, Nevada - Centennial Hills

Nestled in the northwest corner of Las Vegas, Centennial Hills is a rapidly growing neighborhood that offers a perfect blend of residential comfort and proximity to the city's attractions. This vibrant community is an attractive option for investors looking to establish a short-term rental and capitalize on the area's growing popularity and strong rental demand.

Centennial Hills Airbnb Market Data

  • Average Revenue – $39.9K per year
  • Average Daily Rate – $278.6 per night
  • Average Occupancy Rate – 48%
  • Average RevPAR – $133.5

Convenience: 8/10

Centennial Hills boasts a well-designed layout, providing residents with easy access to a wide array of amenities. The neighborhood features numerous parks, walking trails, and shopping centers, ensuring that everything you need is just a short drive away. With its strategic location near major highways, Centennial Hills offers convenient access to the rest of the Las Vegas Valley.

Tourist Attractions: 6/10

While Centennial Hills itself is not a primary tourist destination, its proximity to popular attractions makes it an appealing choice for visitors. The iconic Las Vegas Strip is just a 20-minute drive away, offering world-class entertainment, dining, and shopping options. Additionally, the stunning natural beauty of Red Rock Canyon National Conservation Area is easily accessible from the neighborhood.

Things to Do: 7/10

Centennial Hills offers a variety of recreational activities for residents and visitors alike. The community is home to several spacious parks, including the 120-acre Centennial Hills Park, which features an amphitheater, playgrounds, and walking trails. Golfers can enjoy the challenging fairways at nearby courses, while those seeking indoor entertainment can explore the diverse offerings at Downtown Summerlin.

Average Home Prices: 7/10

According to Zillow, the typical home value in Centennial Hills as of 2024 is $433,144, representing a modest 1.6% increase over the past year. While prices are slightly higher compared to other Las Vegas areas, the potential for steady rental income and long-term appreciation makes investing in this growing neighborhood a smart move for savvy investors.

Proximity to Work-Related Travel: 8/10

Centennial Hills is conveniently located near several key destinations for work-related travel. The neighborhood is home to Centennial Hills Hospital, a state-of-the-art medical facility serving the community. Additionally, the Las Vegas Convention Center and McCarran International Airport are just a short drive away, making the area an ideal base for business travelers.

X-Factor: 8/10

What sets Centennial Hills apart is its strong sense of community and family-friendly atmosphere. The neighborhood's commitment to providing a high quality of life is evident in its top-rated schools, abundant green spaces, and low crime rates. This combination of factors creates a desirable living environment that attracts both long-term residents and short-term renters.

4. Top Place to Invest in Las Vegas, Nevada - McCarran International Airport

Located just minutes from the world-famous Las Vegas Strip, the area surrounding McCarran International Airport offers a unique investment opportunity for Airbnb and short-term rental investors. This bustling hub of activity is not only a gateway to the city's countless attractions but also a prime location for savvy investors looking to capitalize on the constant influx of travelers.

McCarran International Airport Airbnb Market Data

  • Average Revenue – $39.6K per year
  • Average Daily Rate – $242.5 per night
  • Average Occupancy Rate – 54%
  • Average RevPAR – $129.7

Convenience: 9/10

The McCarran International Airport area is the epitome of convenience. With the airport just a stone's throw away, visitors can quickly and easily access their accommodations upon arrival. The neighborhood is well-connected to the rest of the city via public transportation, taxi services, and ride-sharing apps, ensuring guests can easily explore all Las Vegas offers.

Tourist Attractions: 8/10

While the airport itself may not be a tourist attraction, its proximity to the Las Vegas Strip is a major draw for visitors. Just a short ride away, guests can immerse themselves in the glitz and glamour of world-famous casinos, dazzling shows, and top-notch restaurants. The nearby Las Vegas South Premium Outlets also provide a shopping haven for those looking to snag a bargain.

Things to Do: 7/10

Although the immediate area around McCarran International Airport is primarily focused on travel and transportation, plenty remain to keep visitors entertained. The nearby Town Square Las Vegas offers a variety of shops, restaurants, and entertainment options, while the Clark County Museum provides a fascinating glimpse into the region's history.

Average Home Prices: 6/10

According to Zillow, the typical home value in the McCarran International Airport area as of 2024 is $315,000, representing a slight 0.8% decrease over the past year. While prices are relatively affordable compared to other parts of Las Vegas, the area's appreciation rates have been somewhat sluggish. However, the consistent demand for short-term rentals in this location can still provide investors with a steady stream of rental income.

Proximity to Work-Related Travel: 10/10

The McCarran International Airport area is an unbeatable location for work-related travel. Business travelers will appreciate the convenience of staying just minutes from the airport, reducing the stress and hassle of commuting. The Las Vegas Convention Center, a major hub for trade shows and conferences, is also just a short drive away.

X-Factor: 8/10

Its unique position as a gateway to Las Vegas sets the McCarran International Airport area apart. The constant influx of travelers creates a steady demand for short-term rentals, ensuring investors can maintain high occupancy rates year-round. Additionally, the area's proximity to the Strip allows investors to capitalize on the city's thriving tourism industry without the premium prices of properties directly on Las Vegas Boulevard.

5. Top Place to Invest in Las Vegas, Nevada - Henderson

Nestled in the heart of the Las Vegas Valley, Henderson is a thriving city that offers a perfect blend of small-town charm and big-city amenities. As Nevada's second-largest city, Henderson is an attractive destination for Airbnb and short-term rental investors seeking to capitalize on the area's growing popularity and strong rental demand.

Henderson Airbnb Market Data

  • Average Revenue – $56K per year
  • Average Daily Rate – $337.6 per night
  • Average Occupancy Rate – 56%
  • Average RevPAR – $182.6

Convenience: 8/10

Henderson's strategic location and well-designed infrastructure provide residents and visitors with easy access to a wide array of amenities. The city boasts numerous master-planned communities, each offering unique features and conveniences. Everything you need, from shopping centers and restaurants to parks and trails, is just a short drive away, making Henderson an ideal base for short-term and long-term stays.

Tourist Attractions: 7/10

While Henderson may not have the same level of tourist attractions as its famous neighbor, Las Vegas, the city still offers plenty of interesting sights and activities. The Clark County Museum showcases the area's rich history, while the Henderson Bird Viewing Preserve provides a tranquil escape for nature lovers. For those seeking a bit of adventure, the nearby Sloan Canyon National Conservation Area offers hiking, rock climbing, and stunning views of the desert landscape.

Things to Do: 8/10

Henderson offers diverse activities and entertainment options for residents and visitors alike. The city's numerous parks and recreation centers provide ample opportunities for outdoor fun, from picnics and sports to hiking and biking. For those looking to indulge in some retail therapy, the Galleria at Sunset Mall and The District at Green Valley Ranch offer a variety of shopping and dining options. Golf enthusiasts will appreciate the city's several championship courses, while foodies can explore the thriving culinary scene, which includes everything from casual eateries to upscale restaurants.

Average Home Prices: 7/10

According to Zillow, the typical home value in Henderson as of 2024 is $460,319, representing a modest 1.1% decrease over the past year. While prices are slightly higher compared to other Las Vegas Valley areas, Henderson's strong rental demand and potential for long-term appreciation make it an attractive location for starting a new short-term rental.

Proximity to Work-Related Travel: 8/10

Henderson's location makes it an ideal base for work-related travel. The city is home to several major hospitals, including Henderson Hospital and Dignity Health - St. Rose Dominican Hospital, making it a convenient choice for medical professionals. The Las Vegas Convention Center and McCarran International Airport are just a short drive away, providing easy access for business travelers attending conferences and events.

X-Factor: 9/10

Its unique blend of small-town atmosphere and big-city conveniences sets Henderson apart. The city's master-planned communities offer a sense of belonging and community, with friendly neighbors and plenty of opportunities for social interaction. At the same time, Henderson's proximity to Las Vegas means that residents and visitors can easily access world-class entertainment, dining, and nightlife whenever they desire. This combination of factors makes Henderson a highly desirable location for both long-term residents and short-term renters, ensuring a steady demand for Airbnb and short-term rental properties.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.