Phoenix, AZ
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Overview
Annual Rev
$58.3k
12 mo avg
↑5%
from prior 12 mo
Occupancy rate
40%
12 mo avg
↓3%
from prior 12 mo
Avg daily rate
$272
12 mo avg
↑9%
from prior 12 mo
Lead time
37 days
12 mo avg
↓1 days
from prior 12 mo
Revpar
$117
12 mo avg
↑1%
from prior 12 mo
Methodology note: Figures reflect Phoenix market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| Hot Tub | +11% $6,414/yr |
| Pool | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +9% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +2% · $••••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
1 bedroom (7.3 nights)
3 bedrooms (7.0 nights)
2 bedrooms (6.9 nights)
4+ bedrooms (5.8 nights)
Cleaning fee by bedroom
4+ bedrooms ($303)
3 bedrooms ($197)
2 bedrooms ($135)
1 bedroom ($83)
Professional host share
Professionally managed (80%)
Independent hosts (20%)
Housing market signals
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Over the 12 months ending August 2026, the Phoenix market averaged 20,153 active Airbnb and VRBO listings, down 0% from a year earlier and up 9% over two years.
An average Phoenix listing earns $53K/year. High-performing listings earn $147K, while low-performing listings earn $18K.
Median Phoenix home prices by size are 1-bedroom $218K, 2-bedroom $329K, 3-bedroom $432K, and 4+ bedroom $533K.
Average gross yield is 10%, reaching 29% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Phoenix is 39%, producing RevPAR of $109 per available night.
4+ bedroom listings have the highest average gross yield at 15%. They average $96K/year in revenue against a $533K median purchase price.
Rules vary across Phoenix. Phoenix: Moderate. Business license required, sales tax collection mandatory, zoning restrictions apply. Moderate enforcement with complaint-driven action. Scottsdale: Strict. Registration required, owner-occupancy mandate, residential zone ban since 2016. Active enforcement with significant fines. Sedona: Strict. Business license required, residential zone prohibition, commercial zone only. Active enforcement, complaint-driven removals. Flagstaff: Strict. Permit required, owner-occupancy required, 2% density cap, lottery system. Very active enforcement. 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 16%, suggesting demand is outpacing available supply.
RevPAR is highest in March and February; it is lowest in September and August.
The most common amenities are Air Conditioning (100%), TV (98%), Internet (96%). The strongest positive revenue associations are Washing Machine (+81%), Pool (+62%), Bbq (+61%).
Average daily rate in Phoenix is $337, up 17% year-over-year. Rates peak in March and are lowest in September.
Guests in Phoenix book an average of 38 days in advance, up 4% 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 32% higher than weekday occupancy.