Las Vegas, NV Airbnb Market Data, Statistics, and Occupancy Rates

Las Vegas Short-Term Rental Market Overview

Las Vegas stands out as one of the most recognizable short-term rental markets in the country, powered by a relentless calendar of conventions, entertainment, and leisure travel. With over 5,239 active Airbnb listings and an average annual revenue of $32,243 per property, the market offers a meaningful income stream — especially for larger homes that cater to group travel. An average daily rate of $227 sits well below the Nevada state average of $503, which keeps the entry point accessible while still generating competitive returns against an average home value of $627,439.

Key Market Statistics

According to Rabbu market data, the Las Vegas 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 Las Vegas

Las Vegas draws STR investors because of its unmatched tourism infrastructure, relatively affordable property prices compared to coastal resort markets, and diversified demand from leisure travelers, conventioneers, and event-goers.

Expert Market Assessment

"With an ROI score of 60 out of 100 — categorized as an "Attractive Opportunity" — Las Vegas delivers a workable balance of revenue potential and property affordability, though it won't blow anyone away on occupancy alone. The 40% average occupancy rate mirrors the state average, meaning success hinges on pricing strategy and property differentiation rather than simply filling nights. Seasonality is comparatively gentle: March and July represent revenue peaks while February dips, but no month collapses entirely. Investors targeting 4- to 6-plus-bedroom homes will find the strongest revenue-per-night figures, making group-oriented properties the clearest path to maximizing returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Las Vegas

Average revenue by month in Las Vegas

Las Vegas exhibits relatively mild seasonality — March leads at $3,083 and July follows at $3,010, while February is the only month dipping below $2,100. The tight revenue band across most months (roughly $2,400–$3,100) signals that investors can expect fairly consistent cash flow without extreme off-season dips.

Active Airbnb listings by property size in Las Vegas

One-bedroom units dominate supply at 1,880 listings — more than triple the count of any other single category — while 2-bedrooms (1,085) and 3-bedrooms (668) follow. With only 149 listings at 6+ bedrooms, larger group-oriented properties face noticeably less competition, creating a potential opening for investors willing to target that segment.

Average daily rate (ADR) by property size in Las Vegas

ADR scales dramatically with size in Las Vegas: 1-bedroom listings average just $127 per night, while 6-plus-bedroom homes command $967 — nearly eight times as much. The steepest jump occurs between 5-bedroom ($422) and 6-plus-bedroom ($967) properties, reflecting strong premium pricing power for large-group accommodations.

Average RevPAN by property size in Las Vegas

Revenue per available night tells a clear story — 6-plus-bedroom properties lead decisively at $408, more than double the $162 for 5-bedroom units and roughly four times the $98 seen at the 2- and 3-bedroom level. One-bedroom listings lag at just $49 RevPAN, underscoring how difficult it is to generate meaningful returns with smaller units in this market.

Average occupancy rates by property size in Las Vegas

Occupancy rates are remarkably flat across property sizes, ranging from 38% for 4- and 5-bedroom homes to 43% for studios and 2-bedrooms. This consistency means revenue differences between property sizes are driven almost entirely by rate rather than fill rates, making ADR optimization the primary lever for investors.

Average monthly revenue by property size in Las Vegas

Monthly revenue climbs steadily with bedroom count, from $1,600 for 1-bedrooms to $4,906 for 5-bedrooms, then jumps sharply to $10,560 for 6-plus-bedroom properties. That top tier generates more than five times what a typical 1-bedroom earns, highlighting the outsized income potential of large homes positioned for group stays and events.

Average annual revenue by property size in Las Vegas

At the annual level, 6-plus-bedroom properties stand far above the pack at $126,722 — more than double the $58,875 that 5-bedroom homes generate and roughly 6.6 times the $19,204 from 1-bedroom units. For investors focused on maximizing gross revenue, the data strongly favors larger configurations, though acquisition and operating costs should be weighed accordingly.

Most common amenities for Airbnb listings in Las Vegas

Parking (96%) and kitchen access (95%) are essentially table stakes for Las Vegas listings, while self check-in (82%) has become a near-universal guest expectation. The standout differentiators are pools (60%) and hot tubs (45%) — their prevalence signals that outdoor leisure features are a significant competitive advantage in this desert market.

Understanding Las Vegas's ROI Score: 60/100

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

Las Vegas earns a 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band — a market where the revenue-to-price ratio and demand fundamentals are solid but not exceptional. All four calculation factors — Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance — land at "Average," meaning the market delivers reliable performance without standout strengths in any single dimension. Investors should pair these data points with thorough local regulatory research and a clear property strategy, especially around larger homes where the revenue upside is most pronounced.

Short-Term Rental Regulations in Las Vegas

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

Permit Requirements

The City of Las Vegas and Clark County, Nevada require short-term rental operators to obtain permits or business licenses before listing a property. Investors should verify current registration requirements directly with local authorities, as the application process and associated fees may differ between city and unincorporated county jurisdictions.

Key Restrictions

Common STR restrictions in the Las Vegas area include occupancy limits tied to property size, minimum stay requirements in certain zones, noise ordinances, and parking mandates to reduce neighborhood impact. HOA rules can further restrict or prohibit short-term rentals in many planned communities, so investors should review CC&Rs carefully before purchasing.

Tax Obligations

Short-term rental hosts in Nevada are generally subject to transient lodging taxes and may owe additional county- or city-level room taxes. Major booking platforms typically collect and remit some of these taxes on behalf of hosts, but operators should confirm their full tax obligations with a local tax advisor.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Las Vegas is expected to maintain steady demand supported by its world-class event infrastructure, ongoing resort developments, and consistent tourist traffic. Monthly revenue data shows relatively mild seasonality — the spread between the strongest month (March at $3,083) and the softest (February at $2,012) is moderate, suggesting year-round viability rather than dependence on a single peak window. ADR growth of 1–3% is a reasonable estimate if supply growth remains in check, and occupancy should hover around 38–43% depending on property size. Investors should monitor new listing supply carefully, as the market's accessibility continues to attract new hosts."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Las Vegas, NV

What is the average Airbnb occupancy rate in Las Vegas?

The current average occupancy rate for Airbnb listings in Las Vegas is 40%, which matches the Nevada state average. Occupancy varies by property size, with studios and 2-bedroom units slightly outperforming at 43%, while 4- and 5-bedroom homes average around 38%. Hosts who optimize pricing and amenities can often push occupancy above the market average.

How much do Airbnb hosts make in Las Vegas?

On average, Las Vegas Airbnb hosts earn approximately $2,686 per month and $32,243 per year based on trailing 12-month booking data. Revenue scales significantly with property size — 1-bedroom units average about $19,204 annually, while 6-plus-bedroom homes can generate roughly $126,722 per year. Individual results depend heavily on location, property quality, pricing strategy, and guest experience.

Is Las Vegas a good market for Airbnb investment?

Las Vegas scores 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from diversified tourism demand, relatively affordable home prices compared to coastal resort markets, and mild seasonality that supports year-round bookings. Larger properties tend to generate the strongest returns, though investors should account for a competitive supply landscape of over 5,200 active listings and factor in local regulatory requirements.

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

The average daily rate across all Las Vegas Airbnb listings is currently $227, which is well below the Nevada state average of $503. ADR increases significantly with property size: studios average $147 per night, 3-bedroom homes reach $242, and 6-plus-bedroom properties command an impressive $967 per night. This pricing gradient rewards investors who target larger, amenity-rich homes.

Are short-term rentals legal in Las Vegas?

Yes, short-term rentals are legal in Las Vegas, though operators must comply with local permitting and licensing requirements from the City of Las Vegas or Clark County. Regulations may include occupancy limits, parking requirements, noise restrictions, and minimum stay rules depending on the specific jurisdiction. HOA restrictions can also apply, so it's important to review all applicable rules before purchasing a property for STR use.

When is peak season for Airbnb in Las Vegas?

Based on trailing 12-month revenue data, March is the highest-earning month for Las Vegas Airbnb hosts at $3,083 in average revenue, followed closely by July ($3,010) and May ($2,948). February tends to be the softest month at around $2,012. The relatively narrow spread between peak and off-peak months — compared to many seasonal vacation markets — indicates that Las Vegas sustains solid demand throughout the year.

How many Airbnbs are there in Las Vegas?

As of April 2026, there are 5,239 active Airbnb listings in Las Vegas. The supply is heavily weighted toward smaller units: 1-bedroom properties account for 1,880 listings, while 2-bedroom homes make up 1,085. Larger properties (5+ bedrooms) represent a smaller share of supply at 461 combined listings, which may present less competition for investors targeting group-travel demand.

How is Airbnb revenue calculated in Las Vegas?

The annual and monthly revenue figures shown for Las Vegas are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remaining data up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how well 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 for the Las Vegas market
• Average daily rates, occupancy rates, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Property value estimates from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform property setup decisions

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 as of the dates noted and may not capture recent regulatory or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.