Flagstaff

As of May 2026, Flagstaff, Sedona, Williams have 2,686 active Airbnb and VRBO listings. This represents a 4% decrease from the previous year.

The average Airbnb or VRBO in Flagstaff generates $47K per year. High-performing properties earn $89K/year, while low-performing properties earn $18K/year. This wide revenue spread, occurring despite a decline in total market revenue, suggests that earnings are increasingly concentrated among top-tier assets rather than distributed evenly across the local inventory.

Average home prices in Flagstaff vary by property size: 1-bedroom properties cost approximately $335K, 2-bedroom homes average $435K, 3-bedroom properties are around $615K, and 4+ bedroom homes average $826K. These prices reflect median home values across the Flagstaff, Sedona, Williams area.

Airbnb and VRBO can be profitable in Flagstaff, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 15%, which is considered top for short-term rental investment. The disparity between average and peak yields highlights the significant impact of asset utilization efficiency in a market where total revenue is contracting.

The average occupancy rate for Airbnbs and VRBOs in Flagstaff is 39%. This occupancy level, combined with an average nightly rate of $270, results in a RevPAR (revenue per available room) of $91 per day.

2-bedroom properties demonstrate the strongest performance in Flagstaff, with an average gross yield of 9% and annual revenue of $39K. These properties balance purchase price ($435K), operating costs, and rental demand most effectively in the Flagstaff market.

Short-term rental regulations vary by jurisdiction in the Flagstaff area. Flagstaff: Strict. Residential STR ban since 2018, only B&Bs in commercial zones allowed. Active enforcement with fines, most hosts comply though some operate illegally. Sedona: Moderate. Business license and TOT required, 3% residential property cap, lottery system for new permits. Moderate enforcement, waitlist exists. Williams: Lenient. Business license and sales tax permit required, no occupancy limits or density caps. Light enforcement, compliance generally voluntary. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Flagstaff Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 4% year-over-year, while RevPAR has decreased 17%. This indicates balanced supply-demand dynamics. These figures reveal that even with a shrinking supply, the decline in revenue per available room suggests that consumer demand is softening at a faster rate than inventory exits.

Launch around September, 2-3 months before peak winter season (December peaks). This pre-peak timing lets you build reviews when competition is 24% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (April-September) when gaining traction is harder.

The most common amenities in Flagstaff listings include: Kitchen (96%), Tv (82%), Washing Machine (81%), Air Conditioning (80%), Heating (65%). Amenities that boost revenue the most include Hot Tub, Washing Machine, Air Conditioning, with Hot Tub properties earning approximately 45% more ($70K/year vs $48K/year).

Monthly estimated revenue per listing in Flagstaff over the last 12 months: May: $3K, June: $3K, July: $3K, August: $3K, September: $2K, October: $3K, November: $2K, December: $4K, January: $3K, February: $2K, March: $3K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Flagstaff is $270, up 14% year-over-year. By property size: 1-bedroom properties average $148/night, 2-bedroom properties average $209/night, 3-bedroom properties average $270/night, 4+ bedroom properties average $454/night. Rates peak in December and are lowest in May.

Guests in Flagstaff book an average of 38 days in advance, down 15% from last year. By property size: 1-bedroom: 33 days, 2-bedroom: 37 days, 3-bedroom: 39 days, 4+ bedroom: 45 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Flagstaff Airbnb and VRBO market has seen the following changes: supply declined 4%, revenue per listing decreased 17%, occupancy fell 14%, average nightly rates increased 14%, and lead time decreased 15%. This shift toward shorter booking windows and lower occupancy indicates a transition toward more spontaneous, price-sensitive travel patterns.

In Flagstaff, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 64% higher occupancy than weekdays.