State ranking

Arizona Short-Term Rental Markets in 2026

All 11 Arizona markets on the National STR Map, ranked by opportunity score, with statewide housing figures for context.

Last updated September 21, 2026 11 markets ranked

This page lists every Arizona short-term rental market STR HUB tracks: 11 markets, ranked by Opportunity Score. 11 of the 11 have revenue data and a full score; scores calculated without revenue data are labelled partial. Market figures are county-level (the county is named under each market), and the cards below give Arizona's statewide figures from Zillow and the Census Bureau for comparison. For the statewide legal picture, read the Arizona STR guide.

Last updated September 21, 2026
$506K
typical 4BR home value, Arizona statewide
-1.1%
statewide typical home value, one-year change
5.9%
of Arizona housing units are vacation homes
9.9%
of Arizona jobs are in tourism industries
23.1%
of Arizona homes have 4+ bedrooms
$50K
median annual revenue, 11 tracked markets with data

All 11 Arizona STR markets, ranked

Arizona Short-Term Rental Markets in 2026
RankMarketOpportunity scoreAnnual revenueGross yieldTypical 4BR valueRegulationRules
1ScottsdaleMaricopa County77$91K16.5%$552K2/5 Light-touchRules →
2SedonaCoconino County66$80K9.6%$830K3/5 ModerateRules →
3Cave CreekMaricopa County58$65K11.8%$552K2/5 Light-touchRules →
4PhoenixMaricopa County58$56K10.2%$552K2/5 Light-touchRules →
5MesaMaricopa County54$50K9.1%$552K2/5 Light-touchRules →
6ChandlerMaricopa County51$48K8.7%$552K2/5 Light-touchRules →
7GilbertMaricopa County51$48K8.7%$552K2/5 Light-touchRules →
8Queen CreekMaricopa County50$50K9.1%$552K2/5 Light-touchRules →
9SurpriseMaricopa County47$43K7.8%$552K2/5 Light-touchRules →
10Lake Havasu CityMohave County46$56K12.2%$459K2/5 Light-touchRules →
11BuckeyeMaricopa County35$39K7.1%$552K2/5 Light-touchRules →

Swipe the table sideways for more columns. Ranked by Opportunity Score. Typical 4BR value is for the county shown under each market.

Arizona regulation guides

Each Arizona market has its own page covering permits, taxes, caps and penalties:

How to read this

  • The Opportunity Score (0-100) is a screening heuristic, not investment advice. It weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%), each measured relative to the other markets we track.
  • Scores marked partial were calculated without revenue data: the cash-flow component is assumed to be below average, so a partial score can understate a market and should not be compared like-for-like with a full score.
  • Annual revenue is the average annual gross STR revenue from STR HUB's market analytics, the same figure shown on each market page. It is gross, and an individual property can earn more or less.
  • Gross yield is average annual STR revenue divided by the county's typical 4BR home value. It is before cleaning, management, utilities, taxes, insurance and financing, so it is a screening ratio, not a cash-on-cash return.
  • Home values are county-wide typical values from the Zillow Home Value Index, not list prices. "Typical 4BR value" is the typical value of a 4-bedroom home in the county named under each market; a specific property can sit well above or below it.
  • Vacation-home share, tourism job share and 4+ bedroom share are county-level figures from the U.S. Census Bureau American Community Survey. They describe the whole county, not one town or neighbourhood.
  • Regulation ratings run from 1/5 (Relaxed) to 5/5 (Very strict) and summarise the rules we hold on file. Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the local jurisdiction before you buy or list.
  • An empty cell means we do not hold that figure for the market. We never estimate or interpolate a missing number.

Frequently asked questions

How many Arizona STR markets does STR HUB track?

11: Scottsdale, Sedona, Cave Creek, Phoenix, Mesa, Chandler, Gilbert, Queen Creek, Surprise, Lake Havasu City and Buckeye. All of them have revenue data and a full opportunity score.

Which Arizona market has the highest Airbnb revenue?

Scottsdale, AZ, at $91K average annual gross revenue, on a $345 average nightly rate and 72% occupancy. Sedona, AZ is next at $80K. That compares the 11 Arizona markets with revenue data.

Which Arizona cities have the strictest and lightest STR rules?

Strictest: Sedona (3/5 Moderate). Lightest: Scottsdale, Cave Creek, Phoenix, Mesa, Chandler, Gilbert, Queen Creek, Surprise, Lake Havasu City and Buckeye (2/5 Light-touch). The average rating across the 11 rated Arizona markets is 2.1/5. Rules change, so confirm locally before you buy.

What does a 4-bedroom home cost in Arizona?

The typical 4-bedroom home in Arizona is valued at $506K statewide (Zillow Home Value Index), with all-home values down 1.1% over the past year. Across the tracked markets, county typical 4BR values run from $459K (Lake Havasu City, Mohave County) to $830K (Sedona, Coconino County). These are typical values, not list prices.

See these on the interactive map

Open Arizona on the map to see its markets in place, drill into counties, and compare any two markets side by side.

Open the National STR Map → Get matched with an STR agent

More rankings

Best STR markets overall Top markets by Opportunity Score, full-basis scores only. Highest gross yield Revenue relative to the county's typical 4BR home value. Highest Airbnb revenue Top markets by average annual gross STR revenue. STR markets under $400K Markets where the county's typical 4BR home is under $400K, by opportunity score. STR markets under $600K Markets where the county's typical 4BR home is under $600K, by opportunity score. Most STR-friendly cities Relaxed or Light-touch rules, ordered by gross yield. Strictest Airbnb cities Strict and Very strict markets, with the cap or permit rule on file. Rising home values Tracked markets where county home values rose fastest over the past year. Cooling home values Tracked markets where county home values fell most over the past year. Resort economies Counties with the highest vacation-home density, with tourism job share. Best markets for large homes Deepest supply of 4+ bedroom homes among markets scoring 50+.

Other states

Data sources

  • Revenue, nightly rate, occupancy and regulation ratings: STR HUB market analytics and regulation research.
  • Home values: Zillow Home Value Index (ZHVI). Data provided by Zillow Group.
  • Housing and employment shares: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates.
  • Amenity data: © OpenStreetMap contributors.

Figures come from the STR HUB national dataset dated September 21, 2026 and are refreshed whenever that dataset is rebuilt. Screening data only: not investment, legal or tax advice.

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