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

Airbnb Rules and Regulations in North Las Vegas, Nevada

North Las Vegas enforces a comprehensive set of regulations for short-term rentals, requiring hosts to obtain a Conditional Use Permit and a business license before operating. The approval process involves submitting various documents, including proof of ownership, site plans indicating the installation of noise monitoring equipment, and floor plans for owner-occupied units. Once approved, hosts must adhere to a 660-foot separation between short-term rentals and maintain a 2,500-foot distance from resort hotels. The city imposes a 13% transient lodging tax on short-term rentals, which hosts are responsible for collecting and remitting.

Occupancy is limited to two persons per bedroom, excluding children under 12, with a maximum of 16 individuals per property. Hosts must also provide a 24-hour contact number for complaints and display a placard listing the maximum occupancy. Accessory structures like casitas, tents, or trailers cannot be used for dwelling purposes. To ensure compliance, the city strictly enforces these rules, with penalties for violations of noise and occupancy regulations. Hosts can legally operate successful short-term rentals in North Las Vegas by understanding and adhering to these guidelines.

North Las Vegas Airbnb Market Data:

• Average Revenue – $56.4K per year
• Average Daily Rate – $262.1 per night
• Average Occupancy Rate – 59%
• Average RevPAR – $154.3
• Average Home Prices – $398,623

1. Top Place to Invest in North Las Vegas, Nevada - Sandstone Ridge

Sandstone Ridge, a hidden gem in North Las Vegas, offers a unique blend of affordability, convenience, and potential for short-term rental investors. This up-and-coming neighborhood has been gaining attention from savvy investors looking to capitalize on the growing demand for vacation rentals in the area by starting their own Airbnb.

Sandstone Ridge Airbnb Market Data:

• Average Revenue – $60.3K per year
• Average Daily Rate – $262.4 per night
• Average Occupancy Rate – 63%
• Average RevPAR – $165.2

Convenience - 6/10

Sandstone Ridge provides a moderate level of convenience for residents and visitors alike. The neighborhood is situated within a reasonable distance from essential amenities such as grocery stores, restaurants, and shopping centers. However, public transportation options are somewhat limited, which may be a drawback for some.

Tourist Attractions - 4/10

While Sandstone Ridge itself does not boast a wide array of tourist attractions, it is within driving distance of several notable destinations. Visitors can easily access the Las Vegas Strip, Fremont Street Experience, and various outdoor recreation areas. Nevertheless, the neighborhood lacks its own unique draw for tourists.

Things to Do - 5/10

Sandstone Ridge offers a handful of local parks and community events for residents to enjoy. However, the area falls short in terms of entertainment options compared to other parts of the city. Investors should know that guests may need to venture outside the neighborhood for more diverse activities.

Average Home Prices - 7/10

As of 2024, the median home price in Sandstone Ridge sits at $325,000, according to Zillow data. This represents a 4.2% appreciation rate over the past year, indicating a stable and growing market. The relatively affordable prices and the potential for appreciation make Sandstone Ridge a great place to buy a home and transform it into an Airbnb.

Proximity to Work-Related Travel - 8/10

One of Sandstone Ridge's strongest selling points is its proximity to major work-related destinations. The neighborhood is conveniently located near several hospitals, convention centers, and sports venues, making it an ideal choice for business travelers and medical professionals. This proximity can help ensure a steady flow of bookings throughout the year.

X-Factor - 6/10

Sandstone Ridge's x-factor lies in its untapped potential. As more investors discover the neighborhood's affordability and strategic location, it is poised for significant growth in the coming years. By investing early, Airbnb and short-term rental owners can position themselves to benefit from this growth and establish a strong foothold in the market.

2. Top Place to Invest in North Las Vegas, Nevada - Craig Ranch

Craig Ranch, a vibrant community in the heart of North Las Vegas, has emerged as a top contender for Airbnb and short-term rental investments. This master-planned neighborhood offers a perfect blend of modern amenities, recreational opportunities, and strategic location, making it an attractive option for investors seeking to capitalize on the growing demand for vacation rentals.

Craig Ranch Airbnb Market Data:

• Average Revenue – $64.5K per year
• Average Daily Rate – $289.7 per night
• Average Occupancy Rate – 61%
• Average RevPAR – $176

Convenience - 8/10

One of Craig Ranch's standout features is its exceptional convenience. The neighborhood boasts a wide array of amenities, including top-rated schools, shopping centers, dining options, and healthcare facilities. With easy access to major highways and public transportation, guests can effortlessly navigate the area and explore the best of North Las Vegas.

Tourist Attractions - 6/10

While Craig Ranch may not be a primary tourist destination, it offers a unique appeal for visitors seeking a more laid-back and authentic Las Vegas experience. The neighborhood's proximity to outdoor recreation areas, such as Craig Ranch Regional Park and the Las Vegas Wash, provides hiking, biking, and picnicking opportunities. Additionally, the nearby Aliante Casino and Hotel offers gaming and entertainment options for those looking to enjoy a taste of the Las Vegas nightlife.

Things to Do - 7/10

Craig Ranch offers a diverse range of activities for residents and visitors alike. The community has numerous parks, walking trails, and sports facilities, encouraging a healthy lifestyle. The Craig Ranch Golf Course, designed by renowned architect Tom Fazio, is a major draw for golf enthusiasts. Moreover, the neighborhood hosts various local community events throughout the year, fostering a strong sense of belonging and providing entertainment for all ages.

Average Home Prices - 8/10

According to Zillow data, the median home price in Craig Ranch as of 2024 is $450,000. This represents a 5.8% appreciation rate over the past year, indicating a robust and growing market. While prices are slightly higher compared to other areas in North Las Vegas, the neighborhood's high-quality construction, modern amenities, and strong potential for appreciation makes it a worthwhile investment for those aspiring to start a short-term rental business.

Proximity to Work-Related Travel - 7/10

Craig Ranch's location offers a convenient base for work-related travel. The neighborhood is situated within a reasonable distance from major hospitals, convention centers, and sports venues, making it an attractive option for business travelers and medical professionals. While not as centrally located as some other areas, Craig Ranch's proximity to major highways ensures relatively easy access to these key destinations.

X-Factor - 9/10

Its unparalleled sense of community and modern, upscale living sets Craig Ranch apart. The neighborhood's thoughtfully designed layout, abundant green spaces, and top-notch amenities create an inviting atmosphere that appeals to both residents and visitors. This unique combination of comfort, convenience, and style positions Craig Ranch as a highly desirable location for Airbnb and short-term rental investments, offering the potential for strong returns and high occupancy rates.

3. Top Place to Invest in North Las Vegas, Nevada - Northridge

Nestled in the heart of North Las Vegas, Northridge has emerged as a hidden gem for Airbnb and short-term rental investors. This charming neighborhood offers a perfect blend of affordability, accessibility, and untapped potential, making it an attractive option for savvy investors looking to capitalize on the growing demand for vacation rentals in the area.

Northridge Airbnb Market Data:

• Average Revenue – $52.7K per year
• Average Daily Rate – $307 per night
• Average Occupancy Rate – 47%
• Average RevPAR – $146.4

Convenience - 7/10

Northridge boasts a convenient location, with easy access to major highways and a variety of amenities. Residents and visitors can find grocery stores, restaurants, and shopping centers within a short drive. While the neighborhood itself may not have an abundance of walkable destinations, its proximity to key areas in North Las Vegas makes it a solid choice for those seeking a balance between tranquility and accessibility.

Tourist Attractions - 5/10

Although Northridge is not known for its tourist attractions, it is situated near several notable destinations. Visitors can explore the nearby Aliante Casino and Hotel, enjoy outdoor activities at Craig Ranch Regional Park, or take a short drive to the Las Vegas Strip for world-class entertainment and dining. While the neighborhood may not be a primary draw for tourists, its location allows for easy access to a wide range of attractions.

Things to Do - 6/10

Northridge offers a handful of local parks and community events for residents and visitors to enjoy. The nearby Aliante Library provides a quiet retreat for book lovers, while the Aliante Golf Club presents a challenging course for golf enthusiasts. However, those seeking a more diverse array of activities may need to venture beyond the neighborhood's boundaries.

Average Home Prices - 8/10

As of 2024, the median home price in Northridge sits at $380,000, according to Zillow data. This represents a modest 3.5% appreciation rate over the past year, indicating a stable and growing market. The relatively affordable prices and the potential for steady appreciation make Northridge an enticing prospect for Airbnb and short-term rental investors looking to maximize their returns.

Proximity to Work-Related Travel - 7/10

Northridge's location offers a convenient base for work-related travel. The neighborhood is situated within a reasonable distance from several hospitals, including North Vista Hospital and Centennial Hills Hospital Medical Center. While not as centrally located as some other areas, Northridge's proximity to major highways ensures relatively easy access to key business districts and convention centers.

X-Factor - 8/10

What sets Northridge apart is its untapped potential and room for growth. As more investors discover the neighborhood's affordability and strategic location, it is poised for significant appreciation in the coming years. By investing early, Airbnb and short-term rental owners can position themselves to benefit from this growth and establish a strong presence in an up-and-coming market. Additionally, the neighborhood's quiet, residential atmosphere provides a welcome respite for travelers seeking a more authentic, off-the-beaten-path experience.

4. Top Place to Invest in North Las Vegas, Nevada - Aliante

Aliante, a master-planned community in North Las Vegas, has emerged as a top contender for Airbnb and short-term rental investments. With its strategic location, diverse amenities, and growing popularity, Aliante offers a unique opportunity for investors seeking to capitalize on the thriving Las Vegas tourism market.

Aliante Airbnb Market Data:

• Average Revenue – $32.6K per year
• Average Daily Rate – $168.7 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $90.6

Convenience - 8/10

One of Aliante's standout features is its exceptional convenience. The community boasts easy access to major highways and public transportation, making it an ideal base for exploring the Las Vegas Valley. Residents and visitors benefit from a wide array of nearby amenities, including grocery stores, restaurants, and shopping centers.

Tourist Attractions - 6/10

While Aliante itself may not be a primary tourist destination, its proximity to various attractions makes it an appealing choice for visitors. The nearby Aliante Casino + Hotel + Spa offers gaming, entertainment, and dining option, while outdoor enthusiasts can enjoy hiking and picnicking at the adjacent Nature Discovery Park. The Las Vegas Strip is just a short drive away for those seeking world-class entertainment.

Things to Do - 7/10

Aliante offers a diverse range of activities for residents and guests. The community features numerous parks, walking trails, and sports facilities, promoting an active lifestyle. Golf enthusiasts can tee off at the Aliante Golf Club, while movie buffs can catch the latest blockbusters at the on-site Regal Aliante Stadium 16 & IMAX. Additionally, Aliante hosts various community events throughout the year, fostering a strong sense of neighborhood camaraderie.

Average Home Prices - 8/10

According to Zillow data, in 2024, the median home price in Aliante was $400,000. This represents a modest 3.5% appreciation rate over the past year, indicating a stable and growing market. While prices are slightly higher compared to other areas in North Las Vegas, Aliante's high-quality construction, modern amenities, and strong potential for appreciation make it a worthwhile investment for those looking to start a short-term rental.

Proximity to Work-Related Travel - 7/10

Aliante's location offers a convenient base for work-related travel. The community is situated within a reasonable distance from major hospitals, including the new VA Hospital, just a 5-minute drive away. The Las Vegas Motor Speedway, home to various events and festivals, is also easily accessible. While not as centrally located as some other areas, Aliante's proximity to key business districts and convention centers via major highways ensures relatively easy access for business travelers.

X-Factor - 8/10

Aliante's unparalleled sense of community and modern, upscale living sets it apart. The thoughtfully designed layout, abundant green spaces, and top-notch amenities create an inviting atmosphere that appeals to both residents and visitors. This unique combination of comfort, convenience, and style positions Aliante as a highly desirable location for Airbnb and short-term rental investments, offering the potential for strong returns and high occupancy rates.