Airbnb Rules and Regulations in Mesa, Arizona

As of 2024, short-term rental owners in Mesa must follow regulations, starting with obtaining a city license for $250 per property, valid for one year from the date of issuance. Hosts are required to provide proof of a valid Arizona Transaction Privilege Tax license, liability insurance covering at least $500,000, and contact information for both the owner and designated emergency contact. Vacation rentals cannot be used for housing sex offenders, selling alcohol or illegal drugs, or hosting disruptive events.

Owners must notify neighbors of their intent to operate a short-term rental and clearly display the city license number in all advertisements. Failure to comply with these regulations may result in monthly fines starting at $250. The city aims to balance the rights of property owners with the need to protect public health, safety, and welfare through reasonable oversight of the growing short-term rental market.

Mesa Airbnb Market Data:

• Average Revenue – $23.5K per year
• Average Daily Rate – $143.6 per night
• Average Occupancy Rate – 60%
• Average RevPAR – $91.1
• Average Home Prices – $434,369

1. Top Place to Invest in Mesa, Arizona - Downtown Mesa

Downtown Mesa, the city's vibrant heart, offers a unique blend of urban convenience and small-town charm. This historic district has undergone a remarkable transformation in recent years, attracting investors and visitors alike with its thriving arts scene, diverse culinary offerings, and convenient location in the heart of the East Valley.

Downtown Mesa Airbnb Market Data:

• Average Revenue – $21.5K per year
• Average Daily Rate – $146.2 per night
• Average Occupancy Rate – 61%
• Average RevPAR – $89.4

Convenience - 8/10

Downtown Mesa boasts excellent walkability, with numerous shops, restaurants, and amenities within easy reach. The area is well-served by public transportation, including the Valley Metro Light Rail, which connects residents to other parts of the city and beyond. The convenient location and accessibility make Downtown Mesa an attractive area to start a short-term rental business.

Tourist Attractions - 7/10

The downtown area features several notable attractions, such as the Mesa Arts Center, which hosts a variety of performances and exhibitions throughout the year. Visitors can also explore the Arizona Museum of Natural History or take a stroll through the charming streets lined with unique boutiques and galleries. While Downtown Mesa offers a solid selection of attractions, it may not have the same draw as some other major tourist destinations in the region.

Things to Do - 8/10

From the weekly Mesa Farmers Market to the annual Mesa Arts Festival, there's always something happening in Downtown Mesa. The area is home to a diverse array of restaurants, cafes, and bars catering to various tastes and preferences. Visitors can also enjoy outdoor activities at nearby parks or take a short drive to explore the stunning desert landscapes surrounding the city.

Average Home Prices - 7/10

As of 2024, the median home price in Downtown Mesa stands at $325,000, according to Zillow data. This represents a modest 3.2% appreciation over the past year, indicating a stable and growing market. While prices are higher than some other areas of Mesa, the downtown location and potential for strong rental income make it an attractive option for investors.

Proximity to Work-Related Travel - 9/10

Downtown Mesa is ideally situated for work-related travel, with easy access to major highways and the Phoenix-Mesa Gateway Airport. The area is also home to the Mesa Convention Center, which hosts numerous conferences and events throughout the year. Additionally, the nearby Banner Desert Medical Center and several other healthcare facilities make Downtown Mesa a convenient choice for medical professionals.

X-Factor - 8/10

What sets Downtown Mesa apart is its unique blend of history and modernity. The area's historic buildings and vintage charm are complemented by a growing array of contemporary amenities and attractions. This distinctive character, combined with the strong sense of community and ongoing revitalization efforts, makes Downtown Mesa a compelling choice for Airbnb and short-term rental investors seeking a location with both personality and potential.

2. Top Place to Invest in Mesa, Arizona - Alta Mesa

Nestled in the heart of the East Valley, Alta Mesa is a hidden gem that has been gaining attention from savvy investors and homebuyers alike. This tranquil neighborhood offers a perfect blend of suburban comfort and proximity to urban amenities, making it an attractive option for those seeking a peaceful retreat within easy reach of the city's bustling center.

Alta Mesa Airbnb Market Data:

• Average Revenue – $19.1K per year
• Average Daily Rate – $116.1 per night
• Average Occupancy Rate – 58%
• Average RevPAR – $62.3

Convenience - 7/10

Alta Mesa offers a moderate level of convenience, with several grocery stores, restaurants, and shops located within a short drive. While the neighborhood itself is primarily residential, residents can easily access a wide range of amenities in the surrounding areas. Public transportation options are somewhat limited, but the nearby Loop 202 freeway provides a quick connection to other parts of the city.

Tourist Attractions - 5/10

As a primarily residential area, Alta Mesa does not boast a significant number of tourist attractions within its immediate boundaries. However, the neighborhood's central location puts it within easy reach of many popular destinations in the East Valley, such as the Mesa Arts Center, the Arizona Museum of Natural History, and the Superstition Mountains.

Things to Do - 6/10

Alta Mesa offers a handful of parks and recreational facilities, providing residents with outdoor activities and relaxation opportunities. The nearby Mesa Country Club features a championship golf course, while the Alta Mesa Park offers playgrounds, picnic areas, and walking trails. For more diverse entertainment options, residents can venture into the surrounding areas of Mesa and beyond.

Average Home Prices - 8/10

According to Zillow data, the median home price in Alta Mesa as of 2024 stands at $450,000, representing a solid 4.5% appreciation over the past year. This steady growth and the neighborhood's attractive amenities and location make Alta Mesa a promising choice for investors seeking a stable and appreciating market. The relatively high home prices also indicate the potential for strong rental income.

Proximity to Work-Related Travel - 6/10

While Alta Mesa is not directly adjacent to major work-related travel destinations, its central location in the East Valley provides reasonable access to key areas. The neighborhood is about 20 minutes from the Phoenix-Mesa Gateway Airport and 30 minutes from downtown Phoenix, making it a viable option for those needing to travel for work. However, the lack of immediate proximity to major hospitals, convention centers, and sports venues may be a drawback for some investors.

X-Factor - 7/10

Alta Mesa's main appeal lies in its quiet, family-friendly atmosphere and well-maintained homes. The neighborhood's tree-lined streets and mature landscaping create a sense of established comfort, while the nearby parks and recreational facilities provide a strong sense of community. Alta Mesa offers an attractive option for investors seeking a stable, suburban market with the potential for steady appreciation and reliable rental income.

3. Top Place to Invest in Mesa, Arizona - Dobson Ranch

Dobson Ranch, a well-established neighborhood in the heart of Mesa, has long been a favorite among families and professionals seeking a comfortable suburban lifestyle. With its prime location, abundant amenities, and a strong sense of community, this area has recently caught the attention of astute investors seeking to start an Airbnb rental in a promising market.

Dobson Ranch Airbnb Market Data:

• Average Revenue – $30K per year
• Average Daily Rate – $174.5 per night
• Average Occupancy Rate – 72%
• Average RevPAR – $122.5

Convenience - 9/10

One of Dobson Ranch's greatest strengths is its exceptional convenience. The neighborhood is situated just off the US-60 and Loop 101 freeways, providing easy access to all parts of the East Valley and beyond. Residents enjoy a wide variety of shopping, dining, and entertainment options within a short drive, including the nearby Fiesta Mall and Mesa Riverview shopping centers.

Tourist Attractions - 6/10

While Dobson Ranch itself is primarily a residential area, its central location puts it within easy reach of several notable tourist attractions. The Mesa Arts Center, Arizona Museum of Natural History, and Mesa Grande Cultural Park are all just a short drive away, offering visitors a taste of the region's rich cultural heritage. However, the neighborhood may not have the same immediate draw as some other tourist hotspots in the area.

Things to Do - 8/10

Dobson Ranch offers a wealth of recreational opportunities for residents and visitors alike. The neighborhood boasts several parks, including the expansive Dobson Ranch Park, which features walking trails, sports fields, and a lake. The nearby Mesa Country Club and Dobson Ranch Golf Course provide ample opportunities for golf enthusiasts, while the Dobson Ranch Library offers a variety of programs and events for all ages.

Average Home Prices - 7/10

According to Zillow data, the median home price in Dobson Ranch as of 2024 stands at $380,000, representing a modest 3.8% appreciation over the past year. While prices are slightly higher than some other areas of Mesa, the neighborhood's strong amenities, convenient location, and stable market make it an attractive option for investors. The potential for steady rental income and long-term appreciation adds to the area's appeal.

Proximity to Work-Related Travel - 8/10

Dobson Ranch's central location makes it an ideal choice for those who need to travel for work. The neighborhood is just a 15-minute drive from the Phoenix-Mesa Gateway Airport and is well-connected to major highways, providing easy access to key business districts throughout the East Valley. The nearby Banner Desert Medical Center and several other healthcare facilities also make Dobson Ranch a convenient choice for medical professionals. This makes it a prime location for a corporate rental if that's something you're looking into.

X-Factor - 8/10

What sets Dobson Ranch apart is its strong sense of community and well-established neighborhood character. The area's mature landscaping, tree-lined streets, and well-maintained homes create a welcoming and inviting atmosphere. The active homeowners association and numerous community events foster a tight-knit and friendly environment, making Dobson Ranch a desirable choice for both residents and short-term rental guests seeking a home away from home.

4. Top Place to Invest in Mesa, Arizona - Sunland Village

Sunland Village, a well-established 55+ community in Mesa, Arizona, offers a unique blend of affordable homes, extensive amenities, and a vibrant social atmosphere. This active adult neighborhood has captured the attention of savvy investors seeking a promising market in the heart of the East Valley.

Sunland Village Airbnb Market Data:

• Average Revenue – $24.1K per year
• Average Daily Rate – $128.1 per night
• Average Occupancy Rate – 70%
• Average RevPAR – $87.6

Convenience - 8/10

Sunland Village boasts a convenient location, with easy access to major highways and a wide range of nearby amenities. Residents enjoy close proximity to grocery stores, pharmacies, and various retail outlets, ensuring that daily necessities are always within reach. The community's central location in Mesa also provides quick access to the greater Phoenix area.

Tourist Attractions - 6/10

While Sunland Village itself is not a primary tourist destination, its prime location in Mesa puts residents within easy reach of numerous attractions. The nearby Arizona Museum of Natural History, Mesa Arts Center, and Golfland Sunsplash provide ample opportunities for entertainment and cultural enrichment. However, the community's focus on serving its 55+ residents may limit its appeal to a broader tourist market.

Things to Do - 9/10

Sunland Village excels in providing a wide array of activities and amenities for its residents. The community features a sprawling clubhouse, two swimming pools, a fitness center, and numerous sports courts and facilities. Residents can participate in various clubs, classes, and social events, fostering a strong sense of community and ensuring there's never a dull moment.

Average Home Prices - 8/10

According to Zillow data, the typical home value in Sunland Village as of 2024 is $495,713, representing a modest 2.2% depreciation over the past year. This slight dip in prices, combined with the community's attractive amenities and strong rental potential, presents a compelling opportunity for investors. The affordable entry point and potential for steady rental income make Sunland Village an appealing choice for those looking to invest in the 55+ market.

Proximity to Work-Related Travel - 7/10

While Sunland Village primarily caters to retirees, its location in Mesa offers reasonable access to work-related travel destinations. The community is situated about 20 minutes from the Phoenix-Mesa Gateway Airport and 30 minutes from downtown Phoenix, making it a viable option for those who need to travel occasionally for work. However, the lack of immediate proximity to major hospitals, convention centers, and sports venues may be a drawback for some investors.

X-Factor - 9/10

What sets Sunland Village apart is its strong sense of community and active lifestyle tailored to the 55+ demographic. The neighborhood's extensive amenities, social clubs, and events create a welcoming and engaging environment that appeals to retirees seeking a vibrant and connected community. This unique atmosphere, combined with the affordable home prices and potential for steady rental income, makes Sunland Village a highly desirable option for investors targeting the growing 55+ market in Mesa.