Phoenix, AZ
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Annual revenue (actual)
$56k
12 mo avg
↑6%
from prior 12 mo
Occupancy rate
49%
12 mo avg
↓2%
from prior 12 mo
Avg daily rate
$274
12 mo avg
↑10%
from prior 12 mo
Gross yield
9.4%
Current potential
↑0.1 pts
vs prior-year prices
Lead time
38 days
12 mo avg
↑2 days
from prior 12 mo
Revpar
$119
12 mo avg
↑6%
from prior 12 mo
Methodology note: Figures reflect Phoenix market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Ranked by median gross yield across eligible homes. Each home’s annual room-revenue potential is compared with its ZIP- and bedroom-matched value, before expenses.
| Neighborhood | Revenue (potential) | Gross yield |
|---|---|---|
| North Tempe and Rio Salado | $39.7K 125 listings | 12.1% 125 listings |
| Casa Grande | $37.0K 110 listings | 12.0% 110 listings |
| El Mirage Area | $42.5K 16 listings | 11.7% 16 listings |
| Salt River Reservation Area | $43.7K 18 listings | 11.4% 18 listings |
| Chandler CCD Fringe | $49.8K 15 listings | 11.3% 15 listings |
Data as of 2026-10-06
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Median revenue
Median home value
Gross yield
Supply
Amenity revenue impact
This estimate compares similar listings in this market. When local data is limited, we blend in state and U.S. results to prevent unusually high or low estimates.
| Amenity | Est. revenue impact |
|---|---|
| Pool | +12% $6,717/yr |
| EV Charger | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Hot Tub | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +6% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +6% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Bicycles | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
Studio (8.3 nights)
1 bedroom (7.1 nights)
3 bedrooms (6.6 nights)
2 bedrooms (6.4 nights)
4+ bedrooms (5.6 nights)
Cleaning fee by bedroom
4+ bedrooms ($304)
3 bedrooms ($199)
2 bedrooms ($136)
1 bedroom ($84)
Studio ($69)
Professional host share
Professionally managed (57%)
Independent hosts (43%)
Housing market signals
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Are home values in Phoenix going up or down?
Unlock five years of home value changes and Zillow's next-year forecast.
Which home type gives you the most space for the price?
Over the 12 months ending September 2026, the Phoenix market averaged 20,116 active Airbnb and VRBO listings, down 0% from a year earlier and up 9% over two years.
An average Phoenix listing earns $51K/year. High-performing listings earn $146K, while low-performing listings earn $16K.
Median Phoenix home prices by size are 1-bedroom $218K, 2-bedroom $328K, 3-bedroom $429K, and 4+ bedroom $529K.
Average occupancy in Phoenix is 39%, producing RevPAR of $111 per available night.
Rules vary across Phoenix. Phoenix: Lenient. Business license required, sales tax collection. Minimal enforcement, many unlicensed hosts operate. Scottsdale: Moderate. Registration required, zoning restrictions in some areas. Moderate enforcement with complaint-based action. Sedona: Strict. Permit required, owner-occupancy mandate, density caps in residential zones. Active enforcement with violations pursued. Flagstaff: Strict. License required, owner-occupancy required, 180-day annual cap. Active enforcement, significant restrictions upheld. Verify requirements for the property's jurisdiction.
The Phoenix Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 0% year-over-year, while RevPAR has increased 20%, suggesting demand is outpacing available supply.
RevPAR is highest in March and February; it is lowest in August and July.
The most common amenities are Air Conditioning (99%), Internet (99%), TV (98%). The strongest positive revenue associations are Washing Machine (+77%), Bbq (+67%), Pool (+62%).
Average daily rate in Phoenix is $339, up 18% year-over-year. Rates peak in March and are lowest in August.
Guests in Phoenix book an average of 38 days in advance, up 8% from last year. Booking windows range from 28 days for 1-bedroom listings to 46 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 34% higher than weekday occupancy.
For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.
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