Las Vegas, NV short-term rental market report (2026)
Clark County, Nevada. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.
- RulesModerate (3/5)
- Average revenue$59K a year
- 4-BR typical value$500K
- Gross yield11.8%
- FEMA riskVery High
- Demand drivers within 50 mi13
Everything STR HUB holds on Las Vegas, NV in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.
Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated.
Can you operate in Las Vegas?
What the rating rests on: Clark County STR permit required. Many HOA communities prohibit STRs.
| Rule | What we hold on file |
|---|---|
| Permit or licence | STR License required |
| Occupancy limit | Based on fire code |
| Minimum stay | None |
| Zoning | Limited residential zones |
| Lodging and sales taxes | 13% transient lodging tax |
| Penalties | Up to $1,000/violation |
Operating restrictions on file
- 1,000ft distance requirement between STRs
- Background check required
- Must be residential property owner
Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.
Which way the rules are moving
Stable. The rules we hold report no recent or pending change.
Classified from the regulation text we publish; a direction is only kept when the sentence it rests on appears word for word in that text.
The numbers
Revenue
Gross market averages from STR HUB market analytics, the same figures shown on the market page. They are before cleaning, management, utilities, taxes and financing, and an individual property can earn more or less.
Home values in Clark County
Zillow Home Value Index: county-wide typical values for Clark County, not list prices. A specific property can sit well above or below them.
Gross yield
Gross yield is before every operating cost and before financing. It is a screening ratio, not a cash-on-cash return.
What it costs to own
Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.
Housing market momentum
County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.
Why people come
13 demand drivers sit within 50 miles of Las Vegas, 2 of them new, planned or one-off (flagged emerging). The 12 largest are listed here, ordered by published attendance. Attendance appears only where a source publishes it.
Events
- Electric Daisy Carnival (EDC) Las Vegas
- When
- Mid-May (moved from June for cooler conditions), 3 nights
- Attendance
- 500,000 (500,000 total over 3 nights (2026, per Wikipedia); combined-stage capacity is about 175,000/night.)
- STR angle
- One of the largest recurring ticketed events on the Strip; three overnight raves at Las Vegas Motor Speedway push Vegas-area STR rates up for the whole May weekend.
- National Finals Rodeo (NFR)
- When
- First full week of December, 10 days
- Attendance
- 170,000 ("More than 170,000 fans" over the 10-day event, per Wikipedia, with no specific year cited - treat as an approximate, not current-year-verified, figure.)
- STR angle
- A 10-day championship rodeo that fills Las Vegas hotels/STRs during a normally quieter pre-holiday December window.
- Formula 1 Las Vegas Grand Prix
- When
- November, street circuit on the Las Vegas Strip
- STR angle
- A Strip-circuit night race that pushes Las Vegas hotel/STR rates to some of their highest points of the year for a November weekend that is otherwise a shoulder period.
- Life Is Beautiful Music & Art Festival
- When
- Late September, 3 days (downtown Las Vegas)
- STR angle
- Fills downtown Las Vegas (Fremont Street area, distinct from the Strip) hotels/STRs for a late-September weekend outside the main convention calendar.
Attractions
- Las Vegas Strip
- When
- Year-round
- Attendance
- 40,800,000 (Las Vegas attracted over 40.8 million visitors in 2023 (source: Wikipedia - Las Vegas))
- STR angle
- One of the largest and most consistent national STR/hotel demand markets, driven by conventions, gaming, concerts and events year-round.
- Source
- Wikipedia - Las Vegas
- Sphere
- When
- Year-round
- Attendance
- 1,300,000 (1.3 million concert tickets sold in 2024, grossing $420.5M - the top-grossing venue of any size that year per Billboard Boxscore (source: Wikipedia, citing Billboard, 2024 data))
- STR angle
- Marquee Vegas entertainment draw that reinforces multi-night Strip/off-Strip STR stays tied to specific show dates rather than creating new geography for lodging demand.
- Source
- Wikipedia - Sphere
- Athletics Las Vegas Ballpark emerging: under construction, target 2028
- When
- Seasonal (MLB season)
- STR angle
- A new MLB team anchor on the Strip will add ~81 home-game nights/year of incremental visitor demand once open, reinforcing Strip and off-Strip STR/hotel demand on game nights.
- Fontainebleau Las Vegas
- When
- Year-round
- STR angle
- Reinforces the north Strip as a growing resort node; mainly a hotel-demand story, with secondary STR relevance for overflow/large-group Vegas trips.
- Fremont Street Experience
- When
- Year-round; nightly light shows and free concerts.
- STR angle
- Downtown's canopy-covered casino mall is the budget alternative to the Strip. The City of Las Vegas only licenses owner-occupied short-term rentals with spacing limits, and unincorporated Clark County tightly caps licences, so legal investor STRs are scarce across the valley.
Parks and public lands
- Lake Mead National Recreation Area
- When
- Year-round; peaks April, May, July (by recreation-visit volume, 2025).
- Attendance
- 6,135,586 (NPS recreation visits, full calendar year 2025)
- STR angle
- Boulder City's lodging/STR market and Las Vegas day-trip boating traffic both track Lake Mead visitation.
Outdoor activities
- Red Rock Canyon National Conservation Area
- When
- Fall through spring; summer is too hot for most climbing and hiking.
- Attendance
- 2,000,000 (Wikipedia infobox lists visitation as "2,000,000+" with no year.)
- STR angle
- Gives west-side Las Vegas rentals an outdoor angle beyond the Strip: climbers stay a week or more in the cool season. Clark County and the City of Las Vegas regulate STRs heavily, so licensing is the first question.
Landmarks
- Hoover Dam
- When
- Year-round; spring and fall are most comfortable, summer is very hot.
- Attendance
- 7,000,000 (Wikipedia: "a major tourist attraction, with 7 million tourists a year" (undated; counts people who visit the dam site, far more than take the paid tour).)
- STR angle
- Nearly all dam visitors are day-trippers from Las Vegas, so it adds little overnight demand of its own. Its value is to Boulder City, a small non-gaming town beside Lake Mead, where a house serves boaters, dam visitors and Las Vegas overflow.
- Source
- Wikipedia: Hoover Dam
When they come
Winter-sun climate: at least three comfortable months fall between November and March, and summer highs top 95°F, so winter is the pleasant season. 5 of 12 months have an average high between 60°F and 88°F. Warmest month: July (average high 106°F). Coldest: January (average low 39°F).
- Jan58°39°Cool
- Feb62°40°Comfortable
- Mar68°48°Comfortable
- Apr81°58°Comfortable
- May89°65°HotEvent
- Jun99°75°Hot
- Jul106°82°Hot
- Aug104°80°Hot
- Sep96°72°HotEvent
- Oct82°58°Comfortable
- Nov68°47°ComfortableEvent
- Dec57°39°CoolEvent
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Average high (°F) | 58 | 62 | 68 | 81 | 89 | 99 | 106 | 104 | 96 | 82 | 68 | 57 |
| Average low (°F) | 39 | 40 | 48 | 58 | 65 | 75 | 82 | 80 | 72 | 58 | 47 | 39 |
| Precipitation (in) | 0.7 | 0.6 | 0.8 | 0.1 | 0.1 | 0.2 | 0.2 | 0.8 | 0.5 | 0.1 | 0.6 | 0.5 |
| Snowfall (in) | 0.1 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sunshine (hours a day) | 8.6 | 9.6 | 10.4 | 12.2 | 13.0 | 13.6 | 13.2 | 12.4 | 11.5 | 10.7 | 9.3 | 7.9 |
| Event month | No | No | No | No | Yes | No | No | No | Yes | No | Yes | Yes |
Event months within 50 miles
- May: Electric Daisy Carnival (EDC) Las Vegas
- September: Life Is Beautiful Music & Art Festival
- November: Formula 1 Las Vegas Grand Prix
- December: National Finals Rodeo (NFR)
This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. Event months come from the demand drivers listed above. We do not hold monthly occupancy or rate data for this market.
Who can reach it
Largest counties within 150 miles
| County | Population |
|---|---|
| Clark County, NV | 2,265,926 |
| San Bernardino County, CA | 2,180,563 |
| Mohave County, AZ | 214,229 |
County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.
What could go wrong
| Hazard | FEMA rating | Score (0-100) |
|---|---|---|
| River flooding | Very High | 99.6 |
| Earthquake | Relatively High | 99.1 |
| Wildfire | Relatively High | 99.1 |
| Hail | Relatively High | 97.3 |
| Winter weather | Relatively Moderate | 61.6 |
| Tornado | Very Low | 9.2 |
| Hurricane | No Rating | 0.0 |
This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model coastal flooding for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.
Market context
Housing and jobs in Clark County
U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.
What is within 15 km of the Las Vegas pin
Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.
Similar markets
The 4 tracked markets whose numbers sit closest to Las Vegas's. Each links to its own report.
Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Nevada, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.
See Las Vegas on the map
Open Las Vegas on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.
Las Vegas STR questions, answered from the data
Is Airbnb legal in Las Vegas?
STR HUB rates Las Vegas's short-term rental rules 3/5 (Moderate) on a scale from 1 (relaxed) to 5 (very strict). Permit rule on file: STR License required. Rules change, so confirm current requirements with the local jurisdiction before you buy or list.
How much does an Airbnb make in Las Vegas?
The average short-term rental in Las Vegas, NV grosses $59,000 a year, on a $225 average nightly rate and 72% occupancy. That ranks #46 of the 88 tracked markets with revenue data. It is a gross market average before cleaning, management, taxes and financing, and an individual property can earn more or less.
How much does a 4-bedroom home cost in Las Vegas?
The typical 4-bedroom home in Clark County is valued at $500,282 (Zillow Home Value Index), and the typical home of any size at $423,985, with all-home values down 2.7% over the past year. These are county-wide typical values, not list prices.
What is the gross rental yield in Las Vegas?
11.8%: average annual short-term rental revenue of $59,000 divided by the county's typical 4-bedroom home value of $500,282. It is before every operating cost and before financing, so treat it as a screening ratio, not a cash-on-cash return.
What brings visitors to Las Vegas?
13 demand drivers sit within 50 miles of Las Vegas, including Las Vegas Strip (40,800,000 published attendance), Hoover Dam (7,000,000 published attendance) and Lake Mead National Recreation Area (6,135,586 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.
Sources and method
- Regulation summary and strictness rating: STR Agent HUB regulation research.
- Revenue, nightly rate and occupancy: STR Agent HUB market analytics.
- Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
- Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
- Natural hazard risk: FEMA National Risk Index, county level.
- Amenity counts: © OpenStreetMap contributors.
- Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
- Park visitation: National Park Service, NPS Visitor Use Statistics.
- Demand drivers: each entry links its own published source in the list above.
Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Clark County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.
Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.
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