Airbnb Market Data

7 min read

9 Best Short Term Rental Markets In Nevada For 2025

We’ve identified the top 9 cities in Nevada that offer promising opportunities to investors looking for high-yield STR markets.

Written By

Emir Dukic

Jan 30, 2025

Nevada is home to many thriving short-term rental markets, but identifying the top-performing cities can be overwhelming, especially when combing through data from countless locations across the state.

To simplify this process, we analyzed data from markets statewide and compiled a list of the top 9 cities for investors and landlords seeking potentially high-return rental properties in the coming year.

As always, we recommend thorough underwriting and analysis of any prospective property and a review of local short-term rental regulations before making any investment decisions.

How We Created This List

First, we looked at all Airbnb listings in Nevada that met the following criteria as of January 2025:

  • Average Rating: 4.8 stars and above
  • Guest Review Count: Minimum of 10
  • Average Daily Rate: $1 (minimum) to $2,000 (maximum)
  • Occupancy Rate: 1% (minimum) to 99% (maximum)
  • Property Size: 1 to 10 bedrooms
  • Property Type: Entire homes

We did this to eliminate Airbnb listings from our analysis that fall outside of what we consider "realistic" situations. This left us with a total of 4,458 Airbnb listings across the state of Nevada to work with.

Next, we grouped these listings by city and eliminated markets that didn't have at least 75 Airbnb listings meeting the above criteria. We took this step to avoid outlier cities we felt didn't have enough data to be considered at this current time. This left us with 9 cities in Nevada to rank.

Then, we needed to arrive at a gross yield number for each of our remaining cities in order to create our rankings. We did this by taking the average annual Airbnb revenue for each city and combining it with the cities median property value (from Zillow as of December 2024) to calculate our gross yield for each city.

Finally, we ordered the cities by highest gross yield.

The Top 9 STR Markets in Nevada

1. North Las Vegas, NV

North Las Vegas, NV is a vibrant hub for short-term rental investments, offering real estate investors excellent opportunities in a rapidly growing housing market. Known for its proximity to the Las Vegas Strip, this area attracts tourists eager to explore world-class attractions, including the Las Vegas Motor Speedway and Aliante Nature Discovery Park. The city's diverse events, like NASCAR races and cultural festivals, ensure a steady stream of visitors, making it one of the best places for vacation homes and boosting rental income for Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 10.6%
  • Average Property Value: $477,654 (as of December 2024)
  • Average Annual Revenue: $50,552 (past 12 months)
  • Average Occupancy Rate: 42% (past 12 months)
  • Qualifying Airbnbs: 286 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 101%

Find Airbnbs For Sale in North Las Vegas, NV →

2. Henderson, NV

Henderson, NV is a prime destination for short-term rental properties, attracting tourists with its proximity to Las Vegas, Lake Mead, and outdoor adventures at Sloan Canyon. Known for its vibrant tourism scene, visitors flock to sports events featuring the local minor league teams and annual festivals like the Henderson Days parade. This growing real estate market offers vacation rentals that promise good cash flow and rental income for real estate investors. As one of the best places for airbnb hosts, it's a hotspot for real estate investing in vacation homes.

Key STR Metrics:

  • Average Gross Yield: 9.2%
  • Average Property Value: $685,739 (as of December 2024)
  • Average Annual Revenue: $63,023 (past 12 months)
  • Average Occupancy Rate: 41% (past 12 months)
  • Qualifying Airbnbs: 268 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 111%

Find Airbnbs For Sale in Henderson, NV →

3. Las Vegas, NV

Las Vegas, NV, boasts a vibrant short-term rental market, making it one of the best places for real estate investors seeking vacation homes with good return potential. Known for its world-class attractions, the city draws tourists year-round to iconic landmarks like the Strip, Bellagio Fountains, and Fremont Street. It hosts popular events like CES and EDC, and sports enthusiasts can cheer for the Raiders and Golden Knights. As a thriving tourism hub, Las Vegas offers excellent cash flow opportunities for Airbnb hosts looking to capitalize on steady rental income.

Key STR Metrics:

  • Average Gross Yield: 8.5%
  • Average Property Value: $613,850 (as of December 2024)
  • Average Annual Revenue: $52,377 (past 12 months)
  • Average Occupancy Rate: 39% (past 12 months)
  • Qualifying Airbnbs: 2,835 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 89%

Find Airbnbs For Sale in Las Vegas, NV →

4. Mesquite, NV

Mesquite, NV, is a hidden gem for short-term rental properties ideal for real estate investors seeking strong cash flow in 2025. Known for its scenic desert landscapes and welcoming community, Mesquite attracts tourists with top-notch golf courses, the Virgin Valley Heritage Museum, and casino resorts. Special events like the annual Hot Air Balloon Festival and sporting events, including thriving local golf tournaments, entice guests year-round. It's a promising vacation rentals market offering good return for investors and a memorable stay for Airbnb visitors.

Key STR Metrics:

  • Average Gross Yield: 7.8%
  • Average Property Value: $514,342 (as of December 2024)
  • Average Annual Revenue: $39,876 (past 12 months)
  • Average Occupancy Rate: 43% (past 12 months)
  • Qualifying Airbnbs: 100 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 138%

Find Airbnbs For Sale in Mesquite, NV →

5. Sparks, NV

Sparks, NV, known for its vibrant tourism scene, is a hotspot for real estate investing in the short-term rental market. Investors are drawn to its proximity to Reno and attractions like the Sparks Marina Park and Nevada's Great Reno Balloon Race. Hosting sports events and festivals, Sparks entices guests and tourists alike. With vacation rentals in high demand, short-term rental properties offer a good return and solid cash flow for real estate investors, making it one of the best places for vacation homes in 2025.

Key STR Metrics:

  • Average Gross Yield: 6.4%
  • Average Property Value: $650,658 (as of December 2024)
  • Average Annual Revenue: $41,822 (past 12 months)
  • Average Occupancy Rate: 43% (past 12 months)
  • Qualifying Airbnbs: 82 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 82%

Find Airbnbs For Sale in Sparks, NV →

6. Stateline, NV

Nestled on the shores of Lake Tahoe, Stateline, NV offers an enticing short-term rental market with its vibrant mix of attractions and events. Known for world-class skiing at Heavenly Mountain Resort and stunning lakefront beaches, it's a hotspot for tourists year-round. This lively destination is also home to major poker tournaments, lively casinos, and the Lake Tahoe Outdoor Arena's top-notch concerts, enticing real estate investors looking for a good return. With consistent tourism and high rental income potential, Stateline's vacation homes promise strong cash flow for Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 5.0%
  • Average Property Value: $1,264,774 (as of December 2024)
  • Average Annual Revenue: $63,570 (past 12 months)
  • Average Occupancy Rate: 31% (past 12 months)
  • Qualifying Airbnbs: 126 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 81%

Find Airbnbs For Sale in Stateline, NV →

7. Reno, NV

Reno, NV is a thriving hub for short-term rental market, appealing to both tourists and real estate investors. Known as "The Biggest Little City in the World," Reno offers vacation homes with good return potential. Key attractions include Lake Tahoe, the Tahoe Rim Trail, and the vibrant Riverwalk District. Visitors can enjoy events like the Reno Air Races and Hot August Nights. With the Reno Aces baseball team and a lively arts scene, tourists find plenty to entertain them, making it an attractive destination for Airbnb hosts seeking rental income.

Key STR Metrics:

  • Average Gross Yield: 4.6%
  • Average Property Value: $848,675 (as of December 2024)
  • Average Annual Revenue: $38,659 (past 12 months)
  • Average Occupancy Rate: 38% (past 12 months)
  • Qualifying Airbnbs: 345 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 68%

Find Airbnbs For Sale in Reno, NV →

8. Incline Village, NV

Incline Village, NV, nestled on the north shore of Lake Tahoe, is a top destination in the short-term rental market, enticing travelers with its stunning natural beauty and vibrant attractions. Known for skiing at Diamond Peak and summer activities at Sand Harbor, it's popular year-round. Tourists flock for events like the Lake Tahoe Shakespeare Festival and reach Lake Tahoe's renowned Bear League. With vacation homes providing solid rental income, real estate investors find good returns on investment properties, making it a strategic choice for STR and Airbnb hosts seeking to capture high tourism potential.

Key STR Metrics:

  • Average Gross Yield: 2.1%
  • Average Property Value: $2,917,453 (as of December 2024)
  • Average Annual Revenue: $60,772 (past 12 months)
  • Average Occupancy Rate: 34% (past 12 months)
  • Qualifying Airbnbs: 317 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 111%

Find Airbnbs For Sale in Incline Village, NV →

9. Glenbrook, NV

Glenbrook, NV, nestled along the picturesque shores of Lake Tahoe, offers a prime short-term rental market for real estate investors seeking lucrative vacation rental properties. The serene community is a magnet for tourists year-round, drawn by attractions like the nearby Sand Harbor Beach and the legendary hiking trails of the Tahoe Rim Trail. As an Airbnb host, you can provide guests with easy access to world-class skiing at Heavenly Mountain Resort and premier golf at Edgewood Tahoe. The vibrant outdoor recreation scene ensures strong rental income and a good return for investment properties.

Key STR Metrics:

  • Average Gross Yield: 1.9%
  • Average Property Value: $5,625,793 (as of December 2024)
  • Average Annual Revenue: $107,279 (past 12 months)
  • Average Occupancy Rate: 38% (past 12 months)
  • Qualifying Airbnbs: 99 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 71%

Find Airbnbs For Sale in Glenbrook, NV →

Categories: Airbnb Market Data

Find your next short-term rental with local expertise.

Get expert guidance from a local agent who specializes in short-term rental investments. They'll help you find properties with great return potential.

Connect with an agent →

About the author

Emir Dukic

CEO @ Rabbu.com

With a passion for real estate innovation and technology, Emir has transformed Rabbu into a go-to marketplace for real estate investors seeking high-yield opportunities in the short-term rental market. Drawing on his background in entrepreneurship and operational strategy, Emir has been instrumental in simplifying the complexities of the short-term rental industry, empowering investors to maximize their returns with data-driven insights and streamlined tools.

Have Feedback?