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Airbnb City Guide: The Best Places To Invest in Ontario, California

Jeremy Werden

Written by:

Jeremy Werden

April 26, 2024

A home in Ontario, California

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Airbnb Rules and Regulations in Ontario, California

As of 2024, Ontario, California, has implemented a comprehensive set of regulations for short-term rentals to ensure a balance between the needs of residents and visitors. Hosts are required to obtain a Short-Term Rental Permit from the city, which must be renewed annually, and pay a fee based on the type of rental property. All short-term rental properties are subject to a 10% Transient Occupancy Tax, which hosts must collect and remit to the city on a quarterly basis.

Occupancy is limited to two adults per bedroom plus an additional two adults per property, with a maximum of 10 guests allowed at any given time. Quiet hours are enforced from 10:00 PM to 7:00 AM, and all parking must be accommodated on-site, with no street parking permitted for guests. Hosts are also required to provide a local contact person, which can be in the form of a property manager or co-host, who can respond to any issues or complaints within 30 minutes. Failure to comply with these regulations may result in fines, penalties, or the revocation of the Short-Term Rental Permit.

Ontario Airbnb Market Data:

  • Average Revenue – $49.5K per year
  • Average Daily Rate – $242 per night
  • Average Occupancy Rate – 56%
  • Average RevPAR – $140.1
  • Average Home Prices – $664,526

1. Top Place to Invest in Ontario, California - Narod

Narod, a historic neighborhood in the heart of Ontario, California, has been gaining attention from savvy Airbnb investors seeking a unique location with strong potential for short-term rental success. With its rich citrus industry heritage, convenient location, and proximity to local attractions, Narod presents an intriguing investment opportunity for those looking to capitalize on the growing tourism market in the Inland Empire region.

Narod Airbnb Market Data:

  • Average Revenue – $44.4K per year
  • Average Daily Rate – $199.4 per night
  • Average Occupancy Rate – 61%
  • Average RevPAR – $123.5

Convenience - 7/10

Narod's location offers a balance between small-town charm and accessibility. While it may not be directly adjacent to major highways, it is just a short drive from Interstate 10 and State Route 60, providing easy access to the rest of Ontario and the surrounding areas. The neighborhood is also well-served by local amenities, including grocery stores, restaurants, and shops, ensuring that residents and visitors have everything they need within a convenient distance.

Tourist Attractions - 6/10

While Narod itself is primarily a residential neighborhood, it is surrounded by several tourist attractions. The nearby Ontario Mills Mall offers a unique shopping and entertainment experience, while the Toyota Arena hosts a variety of events, from concerts to sports competitions. The Ontario Convention Center, just a short drive away, attracts business travelers and conference attendees from around the country.

Things to Do - 6/10

Narod offers a range of activities for residents and visitors to enjoy, particularly for those interested in the area's rich history. The neighborhood features several well-maintained parks, including Cucamonga-Guasti Regional Park, which offers playgrounds, picnic areas, and walking trails. The nearby Museum of History and Art, Ontario, provides a glimpse into the region's past, with exhibits showcasing the citrus industry and local culture.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Narod is $739,641, which represents a 4.5% appreciation over the past year. This relatively affordable price point, combined with the neighborhood's unique character and potential for steady rental demand, makes Narod an excellent choice for those seeking to purchase a property to list on Airbnb. The average price per square foot in Narod is $460, up 5% from the previous year.

Proximity to Work-Related Travel - 7/10

Narod is conveniently located near several major employers and business centers. The nearby Ontario International Airport is a hub for both leisure and business travel, while the Ontario Convention Center attracts a significant number of conference attendees and trade show participants. The neighborhood's proximity to Interstate 10 and State Route 60 also makes it an easy commute to other parts of the Inland Empire region.

X-Factor - 8/10

What sets Narod apart is its rich history and small-town charm. The neighborhood's roots in the citrus industry give it a unique character that appeals to both residents and visitors. The well-maintained homes, tree-lined streets, and friendly community atmosphere create a welcoming environment that feels far removed from the hustle and bustle of larger cities. With its combination of affordability, convenience, and a growing reputation as a hidden gem, Narod is an intriguing option for Airbnb investors looking to offer a one-of-a-kind experience in the heart of Ontario, California.

2. Top Place to Invest in Ontario, California - Ontario Ranch

Ontario Ranch, a visionary master-planned community spanning over 8,000 acres and 13 square miles, has emerged as a prime location for Airbnb investors seeking a thriving and family-friendly environment. With its commitment to smart growth, abundant recreational opportunities, and convenient location, Ontario Ranch presents an exciting investment opportunity for those looking to capitalize on Southern California's growing short-term rental market.

Ontario Ranch Airbnb Market Data:

  • Average Revenue – $37.9K per year
  • Average Daily Rate – $188.6 per night
  • Average Occupancy Rate – 55%
  • Average RevPAR – $108.7

Convenience - 9/10

One of Ontario Ranch's greatest strengths is its unparalleled convenience. Situated just off the I-15 and 60 freeways, this community offers seamless connectivity to major employment centers throughout LA, Riverside, San Bernardino, and Orange counties. The nearby Ontario International Airport provides easy access for travelers, while the community's ultra-high bandwidth home-data services ensure that residents and smart home features remain seamlessly connected.

Tourist Attractions - 7/10

While Ontario Ranch itself is primarily a residential community, it is surrounded by a variety of tourist attractions. The nearby Victoria Gardens offers a unique open-air lifestyle center with 150+ retailers, restaurants, and entertainment venues, while the Toyota Arena hosts a wide range of events, from concerts to family shows and sporting competitions. The community's proximity to other popular destinations, such as Disneyland and Knott's Berry Farm, adds to its appeal for visitors.

Things to Do - 8/10

Ontario Ranch offers a wealth of recreational opportunities for residents and visitors alike. The community boasts an expansive park and trail system, perfect for outdoor exploration and family-friendly activities. The nearby New Haven Marketplace serves as a vibrant gathering spot, featuring top-notch tenants, cool restaurants, and inviting places to relax. Golf enthusiasts can enjoy challenging play at El Prado's two championship courses nearby.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in Ontario Ranch is $659,990, which represents a 7.4% appreciation over the past year. This relatively affordable price point, combined with the community's desirability and potential for strong rental income, makes Ontario Ranch an attractive option for Airbnb investors. The average home sells for around $664,526 and goes pending in approximately 14 days, indicating a healthy and competitive market.

Proximity to Work-Related Travel - 8/10

Ontario Ranch's strategic location makes it an ideal base for work-related travel. The community's proximity to the Ontario International Airport and major highways like the I-15 and 60 freeways simplifies business commutes and weekend travel. The nearby Ontario Convention Center attracts a significant number of conferences and trade shows, while the Toyota Arena and other sports venues draw visitors for various competitions and events.

X-Factor - 9/10

What sets Ontario Ranch apart is its commitment to creating a vibrant and sustainable community that promotes healthy living and fosters a strong sense of belonging. As Southern California's first gigabit community, Ontario Ranch offers cutting-edge technology and ultra-high bandwidth services that appeal to modern residents and investors alike. The community's thoughtful planning, which aligns with the goals of the Healthy Ontario Initiative, ensures that residents have ample opportunities to enrich their well-being and enjoy an unparalleled quality of life. With its unique blend of innovation, convenience, and family-friendly amenities, Ontario Ranch is poised for continued success in the short-term rental market.

3. Top Place to Invest in Ontario, California - Cucamonga-Guasti Regional Park

Nestled in the heart of Ontario, California, Cucamonga-Guasti Regional Park has emerged as a hidden gem for Airbnb investors seeking a unique location with strong potential for short-term rental success. This 150-acre urban oasis offers a wide range of outdoor recreation activities, making it an attractive destination for both locals and visitors alike.

Cucamonga-Guasti Regional Park Airbnb Market Data:

  • Average Revenue – $60.6K per year
  • Average Daily Rate – $313.3 per night
  • Average Occupancy Rate – 53%
  • Average RevPAR – $172.8

Convenience - 8/10

One of Cucamonga-Guasti Regional Park's greatest strengths is its convenient location. Situated just off I-10 at the Archibald Exit, the park is easily accessible from major transportation routes, making it an ideal base for exploring the surrounding areas. The park is open daily from 7:30 AM to 5:00 PM, with extended hours on weekends during the summer, ensuring that visitors can enjoy the amenities at their leisure.

Tourist Attractions - 7/10

Cucamonga-Guasti Regional Park offers a variety of attractions that cater to different interests. The park features two lakes for fishing and pedal boats, providing a serene escape from the bustling city. The swim complex, complete with water slides and a zero-depth water play park, is a major draw for families and water enthusiasts. The park also hosts the annual JDRF Walk to Cure Diabetes, attracting participants from across the region.

Things to Do - 8/10

In addition to its aquatic attractions, Cucamonga-Guasti Regional Park offers a wide range of activities for visitors to enjoy. The park features numerous picnic tables and group picnic shelters, perfect for corporate events, large parties, and family reunions. Hiking and walking trails wind through the park, offering outdoor exploration and exercise opportunities. The park also hosts various local events throughout the year, such as fishing derbies and educational excursion programs.

Average Home Prices - 6/10

According to Zillow data for 2024, the median home value in the nearby Guasti Park neighborhood of Rancho Cucamonga is $775,000. While this price point is higher than the overall median for Ontario, the park's proximity to desirable residential areas and its unique amenities make it a great choice for those looking to transform homes into Airbnb rentals. Homes in the Guasti Park neighborhood have appreciated by 3.2% over the past year, indicating a stable and growing market.

Proximity to Work-Related Travel - 7/10

Cucamonga-Guasti Regional Park is conveniently located near several major employers and business centers. The nearby Ontario International Airport is a hub for both leisure and business travel, while the Ontario Convention Center attracts a significant number of conferences and trade shows. The park's proximity to I-10 also makes it an easy commute to other parts of the Inland Empire region.

X-Factor - 9/10

What sets Cucamonga-Guasti Regional Park apart is its unique natural beauty and urban convenience blend. The park's lush landscapes, tranquil lakes, and diverse recreational opportunities create an oasis far removed from city life's hustle and bustle. At the same time, the park's location in the heart of Ontario ensures that visitors have easy access to dining, shopping, and entertainment options. This combination of outdoor adventure and urban amenities makes Cucamonga-Guasti Regional Park a highly desirable destination for Airbnb guests seeking a memorable and well-rounded experience.

4. Top Place to Invest in Ontario, California - South Ontario

South Ontario, a vibrant and growing neighborhood in the heart of the Inland Empire, has emerged as a prime location for Airbnb investors seeking a promising market with strong potential for short-term rental success. With its convenient location, proximity to major attractions, and diverse range of amenities, South Ontario presents an exciting investment opportunity for those looking to capitalize on the region's thriving tourism industry.

South Ontario Airbnb Market Data:

  • Average Revenue – $44.4K per year
  • Average Daily Rate – $199.4 per night
  • Average Occupancy Rate – 61%
  • Average RevPAR – $123.5

Convenience - 9/10

One of South Ontario's greatest strengths is its unparalleled convenience. Situated just off Interstate 15 and in close proximity to Ontario International Airport, this neighborhood offers seamless connectivity for both residents and visitors. The area is well-served by public transportation, including bus routes and the Metrolink commuter rail system, making it easy to explore the surrounding region without the need for a car.

Tourist Attractions - 8/10

South Ontario boasts a wide array of tourist attractions that draw visitors from far and wide. The renowned Ontario Mills Mall, located just minutes away, offers a unique shopping and entertainment experience with over 200 stores, restaurants, and a 30-screen movie theater. The nearby Toyota Arena hosts a variety of events, from concerts to sports competitions, attracting visitors year-round. The city's historic downtown district, featuring the Ontario Museum of History & Art and the Graber Olive House, also provides a glimpse into the area's rich cultural heritage.

Things to Do - 8/10

From outdoor recreation to cultural experiences, South Ontario offers diverse activities for residents and visitors alike. The Cucamonga-Guasti Regional Park, spanning 150 acres, features fishing lakes, picnic areas, and walking trails, providing a perfect setting for nature enthusiasts. The nearby San Antonio Winery offers wine tastings and tours, showcasing the region's winemaking tradition. For those seeking entertainment, the Ontario Improv Comedy Club and the Edwards Ontario Palace Stadium 22 & IMAX movie theater offer endless options for a night out.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in South Ontario is $675,000, representing a modest 2.0% decrease from the previous year. While this price point may be higher than some other areas in the Inland Empire, South Ontario's desirability, convenient location, and potential for strong rental income make it an attractive option for Airbnb investors. The neighborhood's median price per square foot is $429, up 8.6% from the previous year, indicating a stable and growing market.

Proximity to Work-Related Travel - 8/10

South Ontario's strategic location makes it an ideal base for corporate rentals targeting visitors with work-related travel. The Ontario International Airport, just a short drive away, is a major hub for both leisure and business travel. The Ontario Convention Center, which attracts a significant number of conferences and trade shows, is also conveniently located nearby. Additionally, the neighborhood's proximity to major highways and the Metrolink commuter rail system ensures easy access to key employment centers throughout the region.

X-Factor - 9/10

What sets South Ontario apart is its unique blend of urban convenience and small-town charm. The neighborhood's tree-lined streets, well-maintained parks, and friendly community atmosphere create a welcoming environment that appeals to both residents and visitors. The area's rich history, exemplified by its historic downtown district and cultural attractions, adds a layer of depth and character that is often lacking in newer developments. With its combination of modern amenities, convenient location, and a strong sense of community, South Ontario is poised for continued success in the short-term rental market.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.