Reno, NV Airbnb Market Data, Statistics, and Occupancy Rates

Reno Short-Term Rental Market Overview

Reno's short-term rental market offers investors a competitive landscape anchored by strong summer demand and proximity to Lake Tahoe and major event venues. With 427 active Airbnb listings generating an average annual revenue of $32,305 and an ADR of $206—well below the $503 Nevada state average—the market provides an accessible entry point, though home values averaging $912,880 temper overall yield. Occupancy sits at 43%, edging out the state average, and pronounced seasonality creates clear revenue peaks that reward strategic pricing.

Key Market Statistics

According to Rabbu market data, the Reno 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 Reno

Reno attracts STR investors because its above-average occupancy stability and event-driven demand create dependable booking windows, even as rising competition calls for sharper deal selection.

Expert Market Assessment

"Reno presents a moderate opportunity for STR investors who are willing to be selective. The market's ROI score of 53 reflects solid occupancy stability paired with a below-average revenue-to-price ratio, meaning cash-flow depends heavily on choosing the right property type and pricing strategy. Seasonality is a defining feature—revenue nearly triples from April's low of $1,608 to July's peak of $4,516—so investors should plan for leaner spring and fall months. Larger properties consistently outperform, with 6+ bedroom homes averaging $96,541 annually, suggesting that group-friendly listings capture outsized demand in this events-oriented city."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Reno

Average revenue by month in Reno

Reno's revenue cycle is sharply seasonal, peaking in July at $4,516 and bottoming out in April at $1,608—a spread of nearly $2,900. Winter holidays provide a secondary bump in December ($3,190), while spring and fall represent the softest booking windows, making dynamic pricing essential for maximizing annual returns.

Active Airbnb listings by property size in Reno

One- and two-bedroom units dominate Reno's supply with 130 and 112 listings respectively, accounting for more than half the market. Larger properties (5+ bedrooms) are notably scarce with just 22 combined listings, which may signal reduced competition and an opportunity for investors targeting group travelers and event attendees.

Average daily rate (ADR) by property size in Reno

ADR climbs steeply with property size in Reno, from $103 for 1-bedroom units to $675 for 6+ bedroom homes—a 6.5x premium. The sharpest ADR jump occurs between 4-bedroom ($306) and 5-bedroom ($599) properties, suggesting a strong willingness among guests to pay more for large-group accommodations.

Average RevPAN by property size in Reno

RevPAN scales consistently with bedroom count, from $47 for 1-bedroom listings to $279 for 6+ bedroom properties, confirming that larger homes generate meaningfully more revenue per available night even after accounting for occupancy. The 4-bedroom sweet spot at $132 RevPAN offers strong per-night returns without the operational complexity of the largest homes.

Average occupancy rates by property size in Reno

Occupancy is relatively flat across most property sizes, clustering between 41% and 46%, with 1-bedroom units leading at 46%. Studios (30%) and 5-bedroom homes (33%) are the outliers on the low end, suggesting these sizes may face more inconsistent demand or niche-market dynamics in Reno.

Average monthly revenue by property size in Reno

Monthly revenue roughly doubles with each size step up, from $1,105 for studios to $8,045 for 6+ bedroom properties. The jump from 4-bedroom ($4,895) to 5-bedroom ($5,279) is more modest, while 6+ bedroom homes stand out as the clear top earner—nearly 3x the market-wide average of $2,692.

Average annual revenue by property size in Reno

Annual revenue potential ranges from $13,268 for studios to $96,541 for 6+ bedroom homes, with 3-bedroom properties ($43,519) representing the first size tier to meaningfully exceed the market average of $32,305. For investors seeking the highest absolute returns, the 6+ bedroom segment offers nearly $97K annually, though limited supply (9 listings) means acquisition opportunities are rare.

Most common amenities for Airbnb listings in Reno

Kitchens (96%) and parking (95%) are near-universal in Reno's listings, reflecting guest expectations for self-sufficient stays and car-dependent travel. Self check-in (86%), washer (82%), and dryer (79%) round out the essentials, while differentiating amenities like hot tubs (13%) and pools (8%) remain uncommon—presenting a potential competitive edge for listings that include them.

Understanding Reno's ROI Score: 53/100

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

Reno's ROI Score of 53 out of 100 places it in the Competitive Opportunity band, meaning strong investor interest and demand are present but elevated home prices relative to rental income require more thoughtful deal selection. Above-average occupancy stability is the market's standout strength, while the below-average revenue-to-price ratio and softer growth trend reflect the challenge of converting bookings into compelling yields at current property values. Pairing this data with thorough local regulatory research and a focus on higher-bedroom-count properties can help investors identify deals that outperform the market average.

Short-Term Rental Regulations in Reno

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

Permit Requirements

The City of Reno and the State of Nevada generally require short-term rental operators to obtain permits or register their properties before listing them on platforms like Airbnb. Investors should verify current permit requirements directly with the City of Reno's business licensing department, as regulations can evolve.

Key Restrictions

Common STR restrictions in markets like Reno may include occupancy limits tied to property size, minimum stay requirements, noise and nuisance ordinances, parking mandates, and caps on the number of permits issued in certain areas. HOA rules can also impose additional limitations, so investors should review any applicable covenants before purchasing.

Tax Obligations

Short-term rental hosts in Nevada are typically subject to transient lodging taxes and may owe state and local sales taxes on rental income. Many booking platforms collect and remit these taxes automatically, but operators should confirm their specific obligations with the Washoe County tax authority and the Nevada Department of Taxation.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Reno's STR market is expected to see continued demand driven by its summer events calendar and growing appeal as a relocation destination, though the 142% year-over-year surge in active listings suggests competitive pressure will intensify. Occupancy may settle in the 40–45% range as supply absorbs, while ADR could see modest gains of 2–4% if hosts differentiate through amenities and guest experience. Peak months like July and August should remain strong performers, with winter holidays offering a secondary revenue boost. Investors who time acquisitions carefully and target underserved property sizes will be best positioned to outperform market averages."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Reno, NV

What is the average Airbnb occupancy rate in Reno?

The average Airbnb occupancy rate in Reno is currently 43%, which slightly exceeds the Nevada state average of 40%. Occupancy varies by property size, with 1-bedroom listings leading at 46% while studios trail at 30%. This above-average occupancy stability suggests consistent demand, though rates fluctuate seasonally alongside Reno's event calendar and outdoor recreation seasons.

How much do Airbnb hosts make in Reno?

Airbnb hosts in Reno earn an average of $2,692 per month, or approximately $32,305 per year based on the trailing 12 months of historical booking data. Earnings vary significantly by property size—studios average around $1,105/month while 6+ bedroom properties can bring in roughly $8,045/month. Revenue also swings with the seasons, peaking in July at $4,516 and dipping to $1,608 in April.

Is Reno a good market for Airbnb investment?

Reno earns a Rabbu ROI Score of 53 out of 100, placing it in the 'Competitive Opportunity' tier. The market benefits from above-average occupancy stability and balanced supply-demand dynamics, but a below-average revenue-to-price ratio means investors need to be more selective about property choice and pricing. Larger homes tend to generate the strongest returns, and the pronounced seasonality rewards hosts who optimize rates around peak summer months and winter holidays.

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

The average daily rate for Airbnb listings in Reno is $206, which is significantly below the Nevada state average of $503. ADR scales considerably with property size, ranging from $103 for 1-bedroom units up to $675 for 6+ bedroom homes. This pricing structure means investors targeting larger, group-friendly properties can command premium nightly rates.

Are short-term rentals legal in Reno?

Short-term rentals are permitted in Reno, though operators are generally required to obtain appropriate permits or licenses from the city. Regulations may include occupancy limits, parking requirements, and noise ordinances. Since local rules can change, investors should verify current requirements directly with the City of Reno's licensing office and check for any HOA restrictions before purchasing a property.

When is peak season for Airbnb in Reno?

Peak season in Reno runs through the summer months, with July ($4,516) and August ($4,496) delivering the highest average monthly revenue. December also provides a strong secondary peak at $3,190, likely driven by holiday travel and proximity to ski resorts. The softest months are April ($1,608) and October ($1,644), creating a nearly 3x revenue spread between peak and off-peak periods.

How many Airbnbs are there in Reno?

There are currently 427 active Airbnb listings in Reno as of April 2026. The supply is dominated by 1-bedroom (130 listings) and 2-bedroom (112 listings) properties, while larger configurations like 5-bedroom (13 listings) and 6+ bedroom (9 listings) homes remain scarce. The market has seen significant growth with a 142% year-over-year increase in active listings.

How is Airbnb revenue calculated in Reno?

The annual and monthly revenue figures for Reno 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 remainder 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 operational management.

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 rates, occupancy rates, and RevPAN benchmarks across bedroom configurations
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to benchmark guest expectations

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; actual results may differ as conditions evolve. Local regulations, permit requirements, and tax obligations are subject to change—investors should verify current rules with the appropriate authorities before purchasing.