Flagstaff, AZ Airbnb Market Data, Statistics, and Occupancy Rates

Flagstaff Short-Term Rental Market Overview

Flagstaff stands out as a mountain-town market where short-term rental demand follows clear seasonal rhythms, driven by its proximity to outdoor recreation, Northern Arizona University, and summer escape traffic from the Phoenix metro. With 1,016 active listings, an average daily rate of $226, and average annual revenue of $36,360, the market rewards operators who can capitalize on its warmer-month surge while managing leaner winter periods. Above-average occupancy stability helps offset a revenue-to-price ratio that trails the state, making property selection and pricing strategy especially important here.

Key Market Statistics

According to Rabbu market data, the Flagstaff short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Flagstaff

Flagstaff's blend of year-round tourism appeal, university-driven demand, and outdoor recreation traffic creates a diversified guest base that supports consistent booking activity across multiple seasons.

Expert Market Assessment

"Flagstaff presents an attractive—though not effortless—opportunity for STR investors. Revenue peaks convincingly in the summer months, with July topping $3,768 in average monthly revenue, while January and February dip below $2,100, creating a meaningful seasonal spread that investors need to plan around. The market's above-average occupancy stability and balanced supply-demand dynamics help cushion against downturns, but a below-average revenue-to-price ratio (average home values near $990,362 against $36,360 in annual revenue) means gross yield alone won't wow underwriters. Investors who target larger properties or differentiate with sought-after amenities stand the best chance of outperforming the market average."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Flagstaff

Average revenue by month in Flagstaff

Flagstaff's revenue seasonality is pronounced: July leads at $3,768, while January bottoms out at $2,035—a spread of roughly $1,700. The May-through-October stretch consistently delivers above-average monthly revenue, making summer and early fall the critical earning window for investors in this market.

Active Airbnb listings by property size in Flagstaff

Supply is concentrated among 1-, 2-, and 3-bedroom properties, each hovering around 245–252 listings, while studios and 6+ bedroom homes account for just 31 listings apiece. The relative scarcity of larger properties (5-bedroom at 56 listings, 6+ at 31) could signal a supply gap worth targeting, especially given their much higher revenue potential.

Average daily rate (ADR) by property size in Flagstaff

ADR climbs steeply with size, from $117 for studios to $793 for 6+ bedroom homes—nearly a 7x premium. The sharpest jumps occur at the upper end, with 5-bedroom properties commanding $443 and 6+ bedrooms nearly doubling that, suggesting strong group-travel and event demand in Flagstaff.

Average RevPAN by property size in Flagstaff

Revenue per available night scales dramatically with property size, from just $29 for studios to $339 for 6+ bedroom homes. Five-bedroom properties hit $196 in RevPAN—more than double the 3-bedroom figure of $77—indicating that larger homes convert their higher ADR into meaningful per-night revenue even after accounting for occupancy.

Average occupancy rates by property size in Flagstaff

Occupancy rates are fairly compressed across most sizes (25%–36%), but 5-bedroom and 6+ bedroom properties break out at 44% and 43% respectively. Studios lag at 25%, suggesting that smaller units face stiffer competition or weaker demand, while larger homes benefit from group-travel bookings that keep calendars fuller.

Average monthly revenue by property size in Flagstaff

Monthly revenue ranges from $1,499 for studios to $11,268 for 6+ bedroom properties, with a clear inflection point at the 4-bedroom level ($4,397) where earnings meaningfully separate from smaller configurations. Investors focused on maximizing gross revenue should look at 5-bedroom ($6,467/month) and larger properties, which earn three to four times what a 1-bedroom generates.

Average annual revenue by property size in Flagstaff

Annual revenue potential tops out at $135,219 for 6+ bedroom homes, a figure that dwarfs the studio average of $17,994. Even moving from a 3-bedroom ($40,203) to a 4-bedroom ($52,773) adds over $12,500 in annual income, making the step-up to larger properties a compelling consideration for investors who can absorb higher acquisition costs.

Most common amenities for Airbnb listings in Flagstaff

Parking (96%) and kitchens (95%) are near-universal, while self check-in (92%) has become a baseline expectation in Flagstaff. Outdoor-focused amenities like patios (74%), BBQ grills (70%), and backyards (64%) reflect the market's mountain-lifestyle appeal, and the 25% prevalence of hot tubs suggests that adding one could serve as a meaningful differentiator for listings that don't yet offer it.

Understanding Flagstaff's ROI Score: 56/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Flagstaff's ROI score of 56 out of 100 places it in the 'Attractive Opportunity' band, indicating a market with genuine upside but some constraints investors should understand. The score is buoyed by above-average occupancy stability and balanced supply-demand dynamics, while the below-average revenue-to-price ratio—driven by home values near $990,000—pulls the overall score down. Pairing this data with thorough local regulatory research and a focus on larger, amenity-rich properties can help investors capture more of the market's earning potential.

Short-Term Rental Regulations in Flagstaff

Understanding local STR regulations is essential before investing in Flagstaff. Here's the current regulatory landscape:

Permit Requirements

The City of Flagstaff and the State of Arizona may require short-term rental operators to obtain a business license, transaction privilege tax (TPT) license, or other local permits before listing a property. Investors should verify current registration and permitting requirements directly with the City of Flagstaff and the Arizona Department of Revenue.

Key Restrictions

Common restrictions that may apply in Flagstaff include occupancy limits, noise ordinances, parking requirements, and minimum-stay mandates. HOA covenants can impose additional limitations, including outright bans on short-term rentals, so reviewing CC&Rs before purchasing is essential. Some Arizona municipalities also cap the number of STR permits or restrict non-owner-occupied rentals in certain zones.

Tax Obligations

Short-term rental hosts in Arizona are generally subject to transaction privilege tax, county excise tax, and local lodging or bed taxes. Major booking platforms often collect and remit state-level taxes on behalf of hosts, but operators should confirm whether city-level obligations require separate filings with Flagstaff's tax office.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Flagstaff can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Flagstaff's STR market is expected to maintain its established seasonal pattern, with peak revenues concentrated from May through October and a softer stretch through January and February. Listing growth has been brisk at 129% year-over-year, so new supply could temper ADR gains—expect modest increases in the 1–3% range rather than dramatic jumps. Occupancy should hold relatively steady around 33–36% for most property sizes, with larger homes continuing to outperform. Investors entering now should budget conservatively for the winter months and treat summer as the primary revenue engine."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Flagstaff, AZ

What is the average Airbnb occupancy rate in Flagstaff?

The average occupancy rate for Airbnb listings in Flagstaff is currently 35%, which trails the Arizona state average of 53%. Occupancy varies meaningfully by property size—studios average around 25%, while 5-bedroom homes reach approximately 44%. This range means larger, well-appointed properties tend to stay booked more consistently than smaller units.

How much do Airbnb hosts make in Flagstaff?

On average, Airbnb hosts in Flagstaff earn about $3,030 per month and roughly $36,360 per year based on trailing 12-month booking data. Revenue scales significantly with property size: studios average around $17,994 annually, while 6+ bedroom homes can bring in approximately $135,219 per year. Individual results depend heavily on location, amenities, guest reviews, and pricing strategy.

Is Flagstaff a good market for Airbnb investment?

Flagstaff earns an ROI score of 56 out of 100, which Rabbu classifies as an 'Attractive Opportunity.' The market benefits from above-average occupancy stability and balanced supply-demand conditions, though the revenue-to-price ratio is below average given home values near $990,362. Investors who select the right property size and manage seasonality well can generate solid returns, but careful underwriting is essential given the higher entry costs.

What is the average daily rate (ADR) for Airbnb in Flagstaff?

The current average daily rate in Flagstaff is $226, which is well below Arizona's statewide average of $434. ADR increases substantially with property size—from $117 for studios up to $793 for 6+ bedroom homes. This pricing structure means investors targeting larger properties can command significantly higher nightly rates, though they should weigh those gains against higher acquisition and operating costs.

Are short-term rentals legal in Flagstaff?

Short-term rentals are permitted in Flagstaff, but hosts may need to obtain applicable city business licenses and Arizona transaction privilege tax licenses. Local regulations can include noise, parking, and occupancy restrictions, and HOA rules may impose further limitations. It's important to verify current permit requirements and any zoning restrictions with the City of Flagstaff before purchasing a property for STR use.

When is peak season for Airbnb in Flagstaff?

Peak season in Flagstaff runs from roughly May through October, with July generating the highest average monthly revenue at $3,768. The summer months benefit from travelers escaping the intense Phoenix-area heat, outdoor recreation visitors, and event-driven demand. The slowest months are January and February, when average revenues drop to around $2,000–$2,035, so investors should plan for this seasonal trough in their cash-flow projections.

How many Airbnbs are there in Flagstaff?

As of April 2026, there are 1,016 active Airbnb listings in Flagstaff. The supply is fairly evenly distributed among 1-bedroom (252), 2-bedroom (245), and 3-bedroom (247) properties, with smaller counts of studios (31) and larger homes. Year-over-year listing growth has been significant at 129%, which is worth monitoring as increased supply could put pressure on occupancy and rates.

How is Airbnb revenue calculated in Flagstaff?

The annual and monthly revenue figures shown for Flagstaff are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks (like July at $3,768) and slower months (like January at $2,035). Individual results can vary meaningfully based on property quality, pricing strategy, amenities, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts by market and property size
• Average daily rate, occupancy, and RevPAN metrics with state-level comparisons
• Trailing 12-month revenue averages broken down by month and bedroom count
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Popular amenity prevalence across active listings to inform property positioning

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance and market conditions as of April 2026; conditions may have changed since the analysis date. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making investment decisions.