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

Phoenix Short-Term Rental Market Overview

Phoenix stands out as a desert-metro STR market with 2,821 active Airbnb listings generating an average annual revenue of $26,465 per property. With an ADR of $232 — well below Arizona's $434 state average — and occupancy holding at 52%, investors can tap into a market where entry-level pricing is more approachable while still benefiting from strong winter-season demand. The city's mix of snowbird tourism, major sporting events, and year-round sunshine creates a reliable base of short-term rental guests.

Key Market Statistics

According to Rabbu market data, the Phoenix 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 Phoenix

Phoenix attracts STR investors because of its deep seasonal demand, manageable entry pricing relative to state averages, and a diversified guest base spanning leisure travelers, snowbirds, and business visitors.

Expert Market Assessment

"Phoenix earns an "Attractive Opportunity" designation with a 59/100 ROI score, reflecting a market that balances healthy demand with reasonable property costs. Seasonality is the defining feature here — March revenue of $4,981 is roughly four times the June low of $1,223 — so cash-flow planning around that winter peak is essential. The supply landscape is tilted toward 1-bedroom units (957 listings), leaving the larger-property segment comparatively less competitive and potentially more rewarding for investors willing to acquire 4+ bedroom homes."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Phoenix

Average revenue by month in Phoenix

Phoenix exhibits dramatic seasonality, with March leading at $4,981 in average monthly revenue — roughly four times the June low of $1,223. The winter peak (January–March) and fall recovery (October–December) bracket a significant summer trough, making off-season pricing strategy and expense management critical for cash-flow planning.

Active Airbnb listings by property size in Phoenix

One-bedroom units dominate Phoenix's supply at 957 listings, followed by 2-bedrooms (622) and 3-bedrooms (547), while 5-bedroom and 6+ bedroom properties total just 150 listings combined. The relative scarcity of larger homes may present a competitive advantage for investors targeting group travelers and families.

Average daily rate (ADR) by property size in Phoenix

ADR climbs steeply with size in Phoenix — from $121 for 1-bedrooms to $400 for 4-bedrooms and $1,104 for 6+ bedroom properties. The jump from 4 to 5 bedrooms ($400 to $562) and especially to 6+ bedrooms represents a meaningful premium, though investors should weigh these rates against higher acquisition and operating costs.

Average RevPAN by property size in Phoenix

RevPAN scales consistently with property size, ranging from $60 for 1-bedroom listings to $480 for 6+ bedroom properties. The 3-bedroom tier at $150 RevPAN offers a strong middle ground where nightly earnings meaningfully exceed smaller units without the lower occupancy rates associated with the largest homes.

Average occupancy rates by property size in Phoenix

Two-bedroom listings lead occupancy at 55%, while 3-bedrooms and studios hover in the low-to-mid 50s. Larger properties see noticeable drop-offs — 5-bedrooms at 42% and 6+ bedrooms at 44% — suggesting that while big homes earn more per night, they sit empty more often, which investors should factor into cash-flow models.

Average monthly revenue by property size in Phoenix

Monthly revenue ranges from $1,382 for 1-bedroom units to $11,149 for 6+ bedroom properties, with a notable jump between 3-bedrooms ($3,144) and 4-bedrooms ($4,251). The 4-bedroom sweet spot delivers roughly triple the revenue of a 1-bedroom while remaining far more accessible than the 6+ bedroom tier.

Average annual revenue by property size in Phoenix

Annual revenue potential scales from $16,594 for 1-bedroom listings to $133,795 for 6+ bedroom properties. For investors weighing acquisition cost against returns, the 3-bedroom tier ($37,736/year) and 4-bedroom tier ($51,011/year) tend to offer the best balance of revenue generation and property availability.

Most common amenities for Airbnb listings in Phoenix

Kitchens and parking are near-universal at 95%, reflecting baseline guest expectations in Phoenix, while self check-in (89%) and laundry facilities (85–87%) are also standard. A pool is present in 53% of listings — essentially a competitive necessity in the desert climate — and hot tubs (26%) and pet-friendliness (38%) represent differentiation opportunities for hosts looking to stand out.

Understanding Phoenix's ROI Score: 59/100

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

Phoenix's ROI score of 59 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where revenue potential and property prices are reasonably aligned without extreme upside or risk. All four calculation factors — revenue-to-price ratio, occupancy stability, market growth trend, and supply/demand balance — rate as average, indicating a steady and predictable market rather than a volatile one. Investors should pair this score with local regulatory research and neighborhood-level analysis to identify specific pockets of Phoenix that may outperform the metro-wide averages.

Short-Term Rental Regulations in Phoenix

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

Permit Requirements

Phoenix, Arizona may require short-term rental operators to register with the city and obtain the appropriate permits or licenses before listing a property. Investors should verify current requirements directly with the City of Phoenix and the Arizona Department of Revenue, as regulations can change.

Key Restrictions

Common STR restrictions in Phoenix and surrounding Arizona municipalities can include occupancy limits, noise ordinances, parking requirements, and minimum-stay mandates. Additionally, HOA and community covenants may impose their own limitations on short-term rental activity, so it's important to review any applicable deed restrictions before purchasing.

Tax Obligations

Short-term rental hosts in Arizona are generally required to collect and remit state transaction privilege tax and any applicable city lodging taxes. Many booking platforms handle tax collection on behalf of hosts, but operators should confirm their obligations with the Arizona Department of Revenue to remain compliant.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Phoenix's pronounced winter seasonality — with March revenues peaking near $4,981 — suggests continued strong demand during the cooler months, while summer softness (June dips to roughly $1,223) is unlikely to shift dramatically. ADR could see modest gains in the 2–4% range as the metro area continues to attract relocations and tourism, though occupancy is expected to remain in the 50–55% band given stable supply levels. Investors who price competitively during the off-season and capitalize on peak winter demand should be well-positioned to maintain or slightly improve on trailing twelve-month averages."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Phoenix, AZ

What is the average Airbnb occupancy rate in Phoenix?

The average Airbnb occupancy rate in Phoenix is currently 52%, which is just slightly below Arizona's 53% state average. Occupancy varies by property size, with 2-bedroom listings leading at 55% and 5-bedroom listings sitting lower at 42%. These figures reflect trailing performance across active listings in the market.

How much do Airbnb hosts make in Phoenix?

Airbnb hosts in Phoenix earn an average of $2,205 per month and approximately $26,465 per year based on trailing 12-month data. Earnings vary significantly by property size — 1-bedroom units average about $16,594 annually, while 6+ bedroom properties can generate roughly $133,795 per year. Peak months like March can push monthly revenue close to $4,981, while summer months like June may drop to around $1,223.

Is Phoenix a good market for Airbnb investment?

Phoenix scores a 59 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market offers a balanced mix of revenue potential and property affordability, with average home values around $654,515 and annual STR revenue of $26,465. Key factors like revenue-to-price ratio, occupancy stability, market growth, and supply/demand balance all rate as average, indicating a relatively stable market without extreme highs or lows. Investors focused on larger properties may find stronger returns, as 4-bedroom listings average over $51,000 annually.

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

The average daily rate for Airbnb listings in Phoenix is $232, which is significantly below the Arizona state average of $434. ADR scales sharply with property size: studios average $139, 3-bedroom homes command $278, and 6+ bedroom properties reach $1,104. This pricing structure means there is strong revenue upside for larger, well-appointed properties.

Are short-term rentals legal in Phoenix?

Short-term rentals are permitted in Phoenix, Arizona, though operators may need to register with the city and comply with local regulations. Arizona state law has generally been supportive of homeowners' rights to operate STRs, but Phoenix may enforce specific rules around noise, parking, and occupancy. It's always advisable to check with the City of Phoenix and any applicable HOA for the most current requirements before listing a property.

When is peak season for Airbnb in Phoenix?

Peak season for Airbnb in Phoenix runs from January through March, with March being the strongest month at an average revenue of $4,981. February also performs well at $3,627, driven by snowbird demand, spring training baseball, and events like the Phoenix Open. The off-peak period spans June through September, when desert heat reduces tourism and average monthly revenue drops to $1,223–$1,406.

How many Airbnbs are there in Phoenix?

Phoenix currently has 2,821 active Airbnb listings as of April 2026. The supply is concentrated in smaller properties, with 957 one-bedroom listings making up the largest segment, followed by 622 two-bedroom and 547 three-bedroom listings. Larger properties (5+ bedrooms) are relatively scarce, with only 150 combined listings in that category.

How is Airbnb revenue calculated in Phoenix?

The annual and monthly revenue figures for Phoenix 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. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the remaining data to a market-level historical average. This approach anchors 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 actively a host manages their listing.

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 Phoenix market
• Historical occupancy rates, average daily rates, and seasonal revenue trends by month
• Revenue and yield metrics including RevPAN, monthly revenue, and annual revenue broken down by property size
• Local home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Data compiled from multiple proprietary and third-party providers for consistency and accuracy

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 12-month averages and current market snapshots; actual results will vary based on property condition, location within the market, and management approach. Local regulations and tax obligations are subject to change — investors should verify all compliance requirements with city and state authorities before purchasing.