STR Investment Grade
Transparent ScoringSTRs Generally Permitted
STRs legal (AZ state preemption); registration required
Arizona state law prevents bans. Phoenix requires registration and TOT collection. Relatively easy to operate.
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Why Phoenix?
Urban MarketWhat drives short-term rental demand here
Business travel, events, and tourism create consistent year-round occupancy in city centers.
Healthy supply-demand ratio means room for new listings without oversaturation concerns.
Will This Deal Work?
Marginal opportunity. Returns may be limited - consider negotiating or other markets.
Market estimates · Updated Feb 2026
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📋 Regulation Status
Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.
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Apply NowPhoenix, Arizona is rated C for Airbnb investment with a score of 53/100 (HOLD). The market has an average daily rate (ADR) of $195, 68% occupancy, and estimated monthly STR revenue of $3,978. Median home value is $403,827 with a cash-on-cash return of 5.6%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.