Is North Phoenix, Arizona Good for Airbnb Investment?

Get significant tax savings and earn cash flow by investing in a short-term rental with data-backed selection. No guessing!

Find Your Airbnb Investment

North Phoenix, Arizona Airbnb Investment Overview

Is Airbnb a Good Investment in North Phoenix, Arizona?

Investing in Airbnb properties in North Phoenix, Arizona, presents a compelling opportunity given the city's robust growth and strong tourism appeal. Current market conditions show strong demand for short-term rentals, particularly during the winter months when "snowbirds" and tourists flock to the area seeking warm weather and outdoor activities. Property values in North Phoenix have shown steady appreciation, and the investment potential is further bolstered by the presence of popular attractions like the Phoenix Mountains Preserve, Desert Ridge Marketplace, and numerous golf courses. The region's attractive climate, coupled with a steady influx of visitors for events and leisure, contributes to a favorable environment for Airbnb investors seeking consistent rental income and potential property value growth.

How Much Does an Average Airbnb Earn in North Phoenix?

Average Airbnb earnings in North Phoenix typically range from $2,800 to $4,500 per month for a standard three-bedroom home, with luxury properties commanding $5,000 to $8,000 monthly during peak seasons. Seasonal variations are significant, with winter months generating approximately 40-60% higher revenues due to snowbird migration and favorable weather, while summer months see a 25-35% decline as temperatures soar above 110°F and tourism drops. Spring training season and major events like the Phoenix Open create revenue spikes of 20-30% above baseline rates. Key factors affecting earnings include proximity to popular attractions like Desert Ridge Marketplace and Cave Creek, property amenities such as pools and outdoor spaces, professional photography and listing optimization, dynamic pricing strategies, and property size with larger homes accommodating groups performing better year-round. Properties within gated communities or near golf courses typically achieve occupancy rates of 70-85% during peak season compared to 45-60% for standard residential areas, while those offering unique desert experiences or mountain views can command premium rates 15-25% above market average.

Airbnb Return on Investment in North Phoenix

Airbnb investments in North Phoenix typically generate ROI between 8-14% annually, with higher-end properties near Scottsdale and Desert Ridge achieving the upper range due to proximity to golf courses, shopping, and business districts. The average payback period ranges from 7-12 years depending on initial investment and property type, with single-family homes with pools performing better than condos or townhomes. Compared to traditional long-term rentals in North Phoenix that average 6-9% ROI, short-term rentals command premium rates of $120-200 per night during peak winter months (November-April) when snowbirds and tourists drive demand, though occupancy rates typically drop to 40-60% during summer months. Properties in desirable neighborhoods like Ahwatukee Foothills, North Mountain, and areas near Phoenix Mountain Preserve consistently outperform the market average, with successful operators achieving 75-85% annual occupancy rates and gross rental yields of 12-18% before expenses, making Airbnb investments approximately 2-4 percentage points more profitable than long-term rentals in the North Phoenix market.

Average Airbnb Occupancy Rate in North Phoenix

North Phoenix Airbnb properties typically maintain an average annual occupancy rate of approximately 65-70%, with significant seasonal variations that peak during the winter months from December through March at around 80-85% occupancy due to the area's appeal as a winter destination for snowbirds and tourists seeking warm weather. Summer months from June through August see the lowest occupancy rates at roughly 45-55% as extreme heat deters many visitors, while spring and fall months maintain moderate occupancy levels around 60-65%. North Phoenix generally outperforms the Arizona state average of about 60% annual occupancy and slightly exceeds the national Airbnb average of approximately 63%, benefiting from its proximity to popular attractions like the Phoenix Mountains Preserve, Desert Ridge shopping and entertainment district, and numerous golf courses, while offering more affordable accommodation options compared to Scottsdale and central Phoenix, making it particularly attractive to families and groups seeking spacious properties with pools and desert views during the peak winter tourism season.

Best Neighborhoods for Airbnb in North Phoenix

The best neighborhoods for Airbnb investment in North Phoenix include Scottsdale Road Corridor, which offers excellent proximity to luxury shopping, dining, and golf courses with strong pricing power due to its upscale demographics and tourist appeal. Desert Ridge provides exceptional investment potential with its location near the Desert Ridge Marketplace, major corporate offices, and easy freeway access, attracting both business and leisure travelers. The Biltmore area stands out for its luxury positioning, proximity to high-end resorts, spas, and the Arizona Biltmore, commanding premium nightly rates from affluent visitors. Cave Creek offers unique desert charm and proximity to outdoor recreation, attracting tourists seeking authentic Arizona experiences with strong seasonal demand. Paradise Valley presents luxury investment opportunities with its exclusive reputation, proximity to world-class resorts and spas, and ability to command the highest nightly rates in the region. Ahwatukee, while technically south Phoenix, borders the area and provides excellent value with family-friendly demographics, proximity to South Mountain and corporate centers, offering steady occupancy rates. North Central Phoenix near the Arizona Biltmore provides urban convenience with resort proximity, attracting both business travelers and tourists while maintaining strong year-round demand due to its central location and access to downtown Phoenix attractions.

Short-term Rental Regulations in North Phoenix

Short-term rental regulations in North Phoenix, Arizona are governed by both Phoenix city ordinances and state legislation, with permits required through the city's Development Services Department costing approximately $200-300 annually. Properties must obtain a Short-Term Rental Permit and comply with occupancy limits typically set at 2 people per bedroom plus 2 additional guests, with a maximum of 10-12 occupants depending on the property size. Owner-occupancy is not required for short-term rentals in Phoenix, unlike some other Arizona municipalities, allowing investment properties to operate as vacation rentals. Zoning restrictions permit short-term rentals in most residential zones (R1-6, R-5, etc.) but may be prohibited in certain planned unit developments or HOA-restricted areas. The registration process involves submitting an application with property details, contact information for a local responsible party available 24/7, proof of insurance, and compliance with fire safety requirements. Recent regulatory changes as of 2021-2023 include enhanced noise ordinance enforcement, mandatory posting of city permit numbers in listings, stricter parking requirements (typically 1 space per bedroom), and increased penalties for violations ranging from $250-1000, with the city also implementing a complaint tracking system and requiring annual permit renewals with updated documentation.

Short-term Rental Fees and Taxes in North Phoenix

Short-term rentals in North Phoenix, Arizona are subject to several fees and taxes including Arizona state transaction privilege tax at 5.6%, Maricopa County excise tax at 0.7%, and Phoenix city privilege tax at 2.3%, totaling approximately 8.6% in combined sales taxes on rental income. The Arizona Department of Revenue requires a Transaction Privilege Tax License costing $12 initially plus a $5 renewal fee every two years. Phoenix requires short-term rental operators to obtain a Short-Term Rental Permit through the city's licensing department at an estimated cost of $150-300 annually, along with a business license fee of approximately $50-100 per year. Properties must also comply with zoning requirements and may face additional inspection fees of $75-150. The Arizona Department of Tourism levies a bed tax of 1% on gross proceeds from lodging rentals, and operators must register with the Arizona Department of Revenue for tax collection purposes. Additional costs may include liability insurance requirements and potential homeowners association fees if applicable, with total annual compliance costs typically ranging from $300-600 excluding the percentage-based taxes on rental income.

Is Airbnb a Good Investment in North Phoenix, Arizona?

Investing in Airbnb properties in North Phoenix, Arizona, presents a compelling opportunity given the city's robust growth and strong tourism appeal. Current market conditions show strong demand for short-term rentals, particularly during the winter months when "snowbirds" and tourists flock to the area seeking warm weather and outdoor activities. Property values in North Phoenix have shown steady appreciation, and the investment potential is further bolstered by the presence of popular attractions like the Phoenix Mountains Preserve, Desert Ridge Marketplace, and numerous golf courses. The region's attractive climate, coupled with a steady influx of visitors for events and leisure, contributes to a favorable environment for Airbnb investors seeking consistent rental income and potential property value growth.

How Much Does an Average Airbnb Earn in North Phoenix?

Average Airbnb earnings in North Phoenix typically range from $2,800 to $4,500 per month for a standard three-bedroom home, with luxury properties commanding $5,000 to $8,000 monthly during peak seasons. Seasonal variations are significant, with winter months generating approximately 40-60% higher revenues due to snowbird migration and favorable weather, while summer months see a 25-35% decline as temperatures soar above 110°F and tourism drops. Spring training season and major events like the Phoenix Open create revenue spikes of 20-30% above baseline rates. Key factors affecting earnings include proximity to popular attractions like Desert Ridge Marketplace and Cave Creek, property amenities such as pools and outdoor spaces, professional photography and listing optimization, dynamic pricing strategies, and property size with larger homes accommodating groups performing better year-round. Properties within gated communities or near golf courses typically achieve occupancy rates of 70-85% during peak season compared to 45-60% for standard residential areas, while those offering unique desert experiences or mountain views can command premium rates 15-25% above market average.

Airbnb Return on Investment in North Phoenix

Airbnb investments in North Phoenix typically generate ROI between 8-14% annually, with higher-end properties near Scottsdale and Desert Ridge achieving the upper range due to proximity to golf courses, shopping, and business districts. The average payback period ranges from 7-12 years depending on initial investment and property type, with single-family homes with pools performing better than condos or townhomes. Compared to traditional long-term rentals in North Phoenix that average 6-9% ROI, short-term rentals command premium rates of $120-200 per night during peak winter months (November-April) when snowbirds and tourists drive demand, though occupancy rates typically drop to 40-60% during summer months. Properties in desirable neighborhoods like Ahwatukee Foothills, North Mountain, and areas near Phoenix Mountain Preserve consistently outperform the market average, with successful operators achieving 75-85% annual occupancy rates and gross rental yields of 12-18% before expenses, making Airbnb investments approximately 2-4 percentage points more profitable than long-term rentals in the North Phoenix market.

Average Airbnb Occupancy Rate in North Phoenix

North Phoenix Airbnb properties typically maintain an average annual occupancy rate of approximately 65-70%, with significant seasonal variations that peak during the winter months from December through March at around 80-85% occupancy due to the area's appeal as a winter destination for snowbirds and tourists seeking warm weather. Summer months from June through August see the lowest occupancy rates at roughly 45-55% as extreme heat deters many visitors, while spring and fall months maintain moderate occupancy levels around 60-65%. North Phoenix generally outperforms the Arizona state average of about 60% annual occupancy and slightly exceeds the national Airbnb average of approximately 63%, benefiting from its proximity to popular attractions like the Phoenix Mountains Preserve, Desert Ridge shopping and entertainment district, and numerous golf courses, while offering more affordable accommodation options compared to Scottsdale and central Phoenix, making it particularly attractive to families and groups seeking spacious properties with pools and desert views during the peak winter tourism season.

Best Neighborhoods for Airbnb in North Phoenix

The best neighborhoods for Airbnb investment in North Phoenix include Scottsdale Road Corridor, which offers excellent proximity to luxury shopping, dining, and golf courses with strong pricing power due to its upscale demographics and tourist appeal. Desert Ridge provides exceptional investment potential with its location near the Desert Ridge Marketplace, major corporate offices, and easy freeway access, attracting both business and leisure travelers. The Biltmore area stands out for its luxury positioning, proximity to high-end resorts, spas, and the Arizona Biltmore, commanding premium nightly rates from affluent visitors. Cave Creek offers unique desert charm and proximity to outdoor recreation, attracting tourists seeking authentic Arizona experiences with strong seasonal demand. Paradise Valley presents luxury investment opportunities with its exclusive reputation, proximity to world-class resorts and spas, and ability to command the highest nightly rates in the region. Ahwatukee, while technically south Phoenix, borders the area and provides excellent value with family-friendly demographics, proximity to South Mountain and corporate centers, offering steady occupancy rates. North Central Phoenix near the Arizona Biltmore provides urban convenience with resort proximity, attracting both business travelers and tourists while maintaining strong year-round demand due to its central location and access to downtown Phoenix attractions.

Short-term Rental Regulations in North Phoenix

Short-term rental regulations in North Phoenix, Arizona are governed by both Phoenix city ordinances and state legislation, with permits required through the city's Development Services Department costing approximately $200-300 annually. Properties must obtain a Short-Term Rental Permit and comply with occupancy limits typically set at 2 people per bedroom plus 2 additional guests, with a maximum of 10-12 occupants depending on the property size. Owner-occupancy is not required for short-term rentals in Phoenix, unlike some other Arizona municipalities, allowing investment properties to operate as vacation rentals. Zoning restrictions permit short-term rentals in most residential zones (R1-6, R-5, etc.) but may be prohibited in certain planned unit developments or HOA-restricted areas. The registration process involves submitting an application with property details, contact information for a local responsible party available 24/7, proof of insurance, and compliance with fire safety requirements. Recent regulatory changes as of 2021-2023 include enhanced noise ordinance enforcement, mandatory posting of city permit numbers in listings, stricter parking requirements (typically 1 space per bedroom), and increased penalties for violations ranging from $250-1000, with the city also implementing a complaint tracking system and requiring annual permit renewals with updated documentation.

Short-term Rental Fees and Taxes in North Phoenix

Short-term rentals in North Phoenix, Arizona are subject to several fees and taxes including Arizona state transaction privilege tax at 5.6%, Maricopa County excise tax at 0.7%, and Phoenix city privilege tax at 2.3%, totaling approximately 8.6% in combined sales taxes on rental income. The Arizona Department of Revenue requires a Transaction Privilege Tax License costing $12 initially plus a $5 renewal fee every two years. Phoenix requires short-term rental operators to obtain a Short-Term Rental Permit through the city's licensing department at an estimated cost of $150-300 annually, along with a business license fee of approximately $50-100 per year. Properties must also comply with zoning requirements and may face additional inspection fees of $75-150. The Arizona Department of Tourism levies a bed tax of 1% on gross proceeds from lodging rentals, and operators must register with the Arizona Department of Revenue for tax collection purposes. Additional costs may include liability insurance requirements and potential homeowners association fees if applicable, with total annual compliance costs typically ranging from $300-600 excluding the percentage-based taxes on rental income.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

How Smart Investors Build Wealth

Through Data-Driven STRs (Real Results)

From first-time investors to seasoned pros, see how our commitment to comprehensive data analysis led to unparalleled investment victories.

Smiling woman with dark hair and white blouse next to text reading 'Spot on $120K revenue prediction!' attributed to Allison Kraft, STR Search Client on dark green background.

From zero real estate experience to a thriving short-term rental business, Allison locked in $120K in revenue her first year  and is now expanding with STR Search again. Proof that the right team can turn analysis paralysis into profitable action!

- Allison
Portrait of a man with short dark hair and earbuds, alongside the quote 'Cash flow positive since day one!' attributed to Arul, STR Search Client, on a dark green background.

Thanks to John's expert guidance, I made my first real estate and Airbnb investment a massive success, with consistent positive cash flow and an exceptional return on investment!

- Arul
Quote saying 'Bank said This is better than their underwriting team!' by Philip Mann, STR Search Client, beside a smiling man with a bald head and light beard on a dark green background.

John's training gave me the confidence to secure a loan on the spot and scale from one STR to three. His approach is a total game-changer!

- Philip

Why Choose STR Search?

Success Rate
Data Accuracy
Service Scope
Risk Mitigation
Expert Network
STR Search Logo
100% profitable track record
Proprietary filters, precise forecasts
End-to-end STR investment support
Only cash-flow-positive matches
Vetted realtors, lenders, designers included
Other Services
Inconsistent ROI, no guarantees
Generic metrics, inaccurate estimates
Partial services only
No profitability screening
Limited or no partner access
Success Rate
Data Accuracy
Service Scope
Risk Mitigation
Expert Network
STR Search Logo
Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
Expert Network
Limited or no partner access
275+
Properties Acquired
$50.1M+
Total Revenue
$20.24M+
Total Taxes Saved

Put your money to work & 
lower your tax bill

We’ve spent years analyzing what works so you don’t have to. Our job is to cut through bad data and help you make smart, profitable decisions backed by real numbers.

Schedule Your Free Call

Trusted by hundreds of 
successful investors

Generate $3-5K+ monthly cash flow with our proven property matching system.

Build long-term wealth through STRs with cash flow, equity, and bonus depreciation.

Skip 6-12 months of trial and error with our data-driven underwriting and market analysis

The Proof is in Our Track Record...

We have a 100% success rate across $90M+ in Real Estate

Out of the 200+ properties we've helped our clients buy every single one has been profitable.

You want more money. More time. More freedom. But may be stuck trading hours for dollars, and scaling your investment strategy feels out of reach.

While others are getting lost in analysis paralysis, you’ve got capital and drive to change your situation. Investors who choose the right STRs can generate $3–5K/month in cash flow, plus serious tax benefits and long-term wealth.

We’ve spent years obsessed with STR investing data so you don’t have to.

With our property match services, there’s no guesswork! Just profitable properties built to perform. With the right deal, your capital can buy more than returns. It can buy your freedom.

Buildings
Rabbu logoAirbnb logoAirdna logoPriceLabs logo
Rabbu logo
Airbnb logo
Airdna logo
PriceLabs logo

All The Ways We Can Help You

Free courses, services, and trainings, to help you maximize your earnings from AirBnb...

Get in touch with us.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in North Phoenix, Arizona?

To start an Airbnb in North Phoenix, Arizona, begin by researching local regulations as Phoenix requires short-term rental permits and hosts must obtain a Transaction Privilege Tax license from the Arizona Department of Revenue, with properties needing to comply with zoning laws that typically allow STRs in residential areas but may have restrictions in certain HOA communities. Obtain necessary permits including a Phoenix short-term rental permit (approximately $200-300 annually), business license, and ensure compliance with fire safety codes and occupancy limits. Find a suitable property by analyzing North Phoenix neighborhoods like Desert Ridge, Ahwatukee Foothills, or areas near attractions such as the Phoenix Mountains Preserve, considering factors like proximity to Sky Harbor Airport (20-30 minutes), shopping centers like Desert Ridge Marketplace, and golf courses. Furnish the property with desert-themed décor, essential amenities including high-speed internet, air conditioning (crucial for Arizona climate), pool access if available, and quality bedding while budgeting $15,000-25,000 for a complete furnishing package. List your property on Airbnb and VRBO with professional photography highlighting outdoor spaces, mountain views, and proximity to hiking trails like Piestewa Peak, setting competitive rates based on North Phoenix market analysis ($80-200+ per night depending on size and amenities). Manage operations by establishing cleaning protocols between guests, coordinating with local cleaning services, implementing keyless entry systems, maintaining responsive communication with guests, and partnering with local property management companies like RedAwning or Vacasa if needed for full-service management.

What's the best way to identify good STR properties in North Phoenix, Arizona?

To identify profitable short-term rental properties in North Phoenix, Arizona, focus on locations within 15-20 minutes of major attractions like Desert Ridge Marketplace, Phoenix Mountains Preserve, and Scottsdale entertainment districts, prioritizing neighborhoods such as Desert Ridge, Ahwatukee Foothills, and areas near the 101 and 51 freeways for accessibility. Target properties with 3-4 bedrooms, pools (essential in Phoenix's climate), updated kitchens, outdoor spaces, and parking for multiple vehicles, as these features command premium rates year-round. Conduct pricing analysis using AirDNA and Mashvisor to identify properties where potential STR revenue exceeds long-term rental income by 40-60%, typically finding sweet spots in the $300,000-$600,000 range for single-family homes built after 1990. Research competition within a 2-mile radius using Airbnb and VRBO searches, analyzing occupancy rates, pricing strategies, and guest reviews to identify market gaps, while ensuring the area isn't oversaturated with similar properties. Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Arizona Regional MLS, while consulting with North Phoenix-specific property managers like RedAwning or Vacasa who understand local regulations, seasonal demand patterns (peak winter months), and can provide market-specific revenue projections based on proximity to spring training facilities, golf courses, and hiking trails that drive consistent tourist demand.

How to get an Airbnb permit in North Phoenix, Arizona?

To obtain an Airbnb/STR permit in North Phoenix, Arizona, you must apply through the City of Phoenix Planning and Development Department either online via the Phoenix.gov portal or in person at 200 W Washington St. Required documents include a completed short-term rental registration application, proof of property ownership or lease agreement with landlord consent, a site plan showing the property layout, contact information for a local responsible party available 24/7, and proof of liability insurance with minimum $1 million coverage. The registration fee is approximately $200-300 annually, with additional zoning compliance fees potentially ranging $100-500 depending on property type. The timeline typically takes 4-6 weeks for processing after submitting a complete application, though complex cases may take up to 8 weeks. North Phoenix specific requirements include maintaining occupancy limits based on bedrooms (generally 2 people per bedroom plus 2 additional), ensuring adequate parking (minimum 1 space per bedroom), compliance with neighborhood compatibility standards, no events or parties exceeding occupancy limits, quiet hours enforcement from 10 PM to 7 AM, and registration renewal every two years. Properties in historic districts or HOA communities may have additional restrictions, and some residential zoning areas may prohibit STRs entirely, so verify zoning compatibility before applying.

Is it legal to operate a short-term rental in North Phoenix, Arizona?

Short-term rentals (STRs) are legal in North Phoenix, Arizona, but operate under specific regulations established by the City of Phoenix. As of 2023, STRs must obtain a Short-Term Rental License from the city, comply with occupancy limits based on property size, maintain liability insurance, and follow noise ordinances and parking requirements. Properties must be registered and inspected annually, with hosts required to provide 24/7 contact information and respond to complaints within one hour. The city prohibits STRs in certain residential areas where homeowners associations have specific restrictions, and some neighborhoods have successfully petitioned for STR limitations. Recent changes include stricter enforcement mechanisms implemented in 2022-2023, increased penalties for violations, and enhanced complaint processes for neighbors. Phoenix requires STRs to collect and remit city taxes, and violations can result in fines ranging from $500 to $2,500 per incident, with repeat offenders facing license revocation and potential legal action.

What are the best places to invest in Airbnb in North Phoenix, Arizona?

The best Airbnb investment areas in North Phoenix include Scottsdale Road Corridor near Desert Ridge Marketplace, which attracts tourists visiting the shopping and entertainment complex plus business travelers to nearby corporate offices; the Carefree Highway area near Anthem and New River, popular with outdoor enthusiasts accessing hiking trails and desert recreation while offering newer housing stock; the Cave Creek Road corridor, drawing visitors to the Western-themed Cave Creek and Carefree areas known for art galleries, spas, and desert resorts; neighborhoods near the Phoenix Open golf tournament venue at TPC Scottsdale, benefiting from major annual sporting events and year-round golf tourism; areas around the Musical Instrument Museum and Biltmore Fashion Park, attracting cultural tourists and upscale visitors; and properties near major corporate centers like the Deer Valley Airport area, serving business travelers to companies like Intel, Honeywell, and various tech firms that have established operations in North Phoenix's business corridors.

Airbnb and lodging taxes in North Phoenix, Arizona

In North Phoenix, Arizona, Airbnb hosts are subject to multiple lodging and occupancy taxes including Arizona state Transaction Privilege Tax (TPT) at 5.6% on gross rental income, Maricopa County bed tax at 3% on gross receipts, and City of Phoenix privilege license tax at approximately 2.3% on gross receipts, totaling roughly 10.9% in combined taxes. The Arizona Department of Revenue requires hosts to obtain a TPT license and file monthly returns by the 20th of the following month, while Maricopa County requires registration for the bed tax with monthly remittance due by the last day of the following month. The City of Phoenix requires a business privilege license with monthly filing requirements. Airbnb may collect and remit state and local taxes on behalf of hosts through their platform since 2019, but hosts remain ultimately responsible for compliance and should verify collection. Exemptions are limited and typically apply only to stays exceeding 30 consecutive days, which are considered long-term rentals rather than transient lodging, and certain government or charitable organization bookings may qualify for exemptions with proper documentation.

Total cost to purchase, furnish and operate an Airbnb in North Phoenix, Arizona

The total cost to start an Airbnb in North Phoenix, Arizona is approximately $485,000-$565,000. Property purchase represents the largest expense at $400,000-$450,000 based on median home prices in desirable North Phoenix neighborhoods like Desert Ridge and Ahwatukee. Furnishing costs range $15,000-$25,000 for a complete 3-bedroom setup including furniture, appliances, linens, and décor to create an attractive rental space. Initial setup costs including professional photography, listing creation, and marketing materials total $2,000-$3,000. Permits and fees include Arizona transaction privilege tax license ($12), Phoenix business license ($240), short-term rental permit ($200-$500), and HOA approval fees if applicable, totaling approximately $500-$1,000. Insurance costs $2,400-$3,600 annually for specialized short-term rental coverage. Utilities including electricity, water, internet, cable, and trash service average $300-$400 monthly or $1,800-$2,400 for six months. First six months operating costs encompass utilities, cleaning services ($100-$150 per turnover), maintenance reserves, property management software subscriptions, and marketing, totaling $8,000-$12,000. Additional considerations include potential HOA fees ($100-$300 monthly), property taxes ($3,000-$4,000 annually), and a cash reserve for unexpected repairs and vacancy periods.

Are Airbnb properties in North Phoenix, Arizona profitable?

Airbnb properties in North Phoenix, Arizona typically generate annual revenues between $35,000-$65,000 for well-positioned properties, with average daily rates ranging from $95-$180 depending on amenities and location proximity to attractions like Desert Ridge Marketplace and Cave Creek. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($75-$125 per turnover), property management (15-25% of revenue), utilities ($150-$300 monthly), insurance ($1,200-$2,400 annually), and maintenance costs averaging $3,000-$6,000 yearly. Properties near golf courses and hiking trails in areas like Anthem and Desert Ridge command premium rates and achieve 65-75% occupancy rates, resulting in net profit margins of 25-35% for owner-operated units. Success factors include professional photography, rapid guest communication, proximity to Phoenix Sky Harbor Airport (30-45 minutes), and targeting winter visitors escaping colder climates who drive seasonal demand from November through March. A typical 3-bedroom home purchased for $450,000 in North Phoenix can generate $4,500-$5,500 monthly in peak season and $2,500-$3,500 in summer months, with successful hosts reporting annual net profits of $18,000-$28,000 after all expenses, representing cash-on-cash returns of 8-15% when factoring in down payments and financing costs.

What is the expected return on investment for an Airbnb in North Phoenix, Arizona?

Based on North Phoenix, Arizona market data, Airbnb investments typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-15% depending on property type and location proximity to attractions like Desert Ridge Marketplace and Cave Creek. Properties in established neighborhoods like Desert Ridge, Deer Valley, and Anthem generally achieve profitability within 18-24 months, while those near golf courses and hiking trails can reach break-even in 12-18 months. The market benefits from year-round tourism, spring training baseball visitors, and corporate travelers to nearby Scottsdale, with average daily rates of $120-180 and occupancy rates of 65-75%. Investment properties purchased in 2022-2023 in the $350,000-500,000 range are showing strong performance, with some investors reporting 20%+ returns on well-positioned vacation rentals that cater to the area's outdoor recreation appeal and proximity to Phoenix Sky Harbor Airport.

What company can help me find and buy a profitable Airbnb in North Phoenix, Arizona?

STRSearch leads the market in Airbnb investment property analysis nationwide including North Phoenix, Arizona. Local real estate agents specializing in short-term rental investments include Keller Williams agents like Sarah Martinez and Phoenix Realty Group's investment division, while RE/MAX Desert Advantage has dedicated Airbnb specialists. National services include Awning (formerly RedAwning) which launched their investment platform in 2019, AirDNA providing market analytics since 2015, and Mashvisor offering property analysis tools. Local companies such as Arizona STR Investments and Desert Property Solutions focus specifically on Phoenix-area vacation rental properties. Additional services include BiggerPockets for networking with local investors, Roofstock for turnkey rental properties, and local property management companies like VTrips and RedAwning that also help identify investment opportunities. Phoenix-based investment groups such as Arizona Real Estate Investors Association provide networking and deal flow, while national platforms like Fundrise and RealtyMogul offer crowdfunded real estate investments in the Phoenix market.

We match people with amazing properties

The Formula Works. Years of passionate data analysis have perfected our formula, making it a beacon of accuracy in real estate investments. Trust in precision that turns data into profit.

Schedule Your Free Call

Maximize Your Returns with Smart Tax Strategies

Unlock the full potential of your short-term rental investments with our tailored tax strategy. We ensure your properties not only cash flow but also leverage tax benefits to boost your bottom line. Let us navigate the complexities, so you can enjoy the rewards.

Schedule Your Free Call

Short-Term Rentals are alive and well

No other company matches our expansive collection of properties or our unwavering success streak over the last two years. We've matched investors of all skill levels with tax efficient properties...

Schedule Your Free Call

We're Trusted By the Best 
in the Business

STR Search and the Bianchi Method has gained a reputation among industry leaders as being the front runner in consistently matching people with profitable properties.

Avery Carl Headshot
Avery Carl
Founder of The Short Term Shop
Rob Abasolo Headshot
Rob Abasolo
Founder of Host Camp and Youtube Channel Robuilt
Sief Khafagi
Sief Khafagi
Founder of Techvestor
Jeremy Werden
Jeremy Werden
Founder of BNBCalc
Dr. Rachel Gainsbrugh
Dr. Rachel Gainsbrugh
Founder Short Term Gems

Put your money to work & 
lower your tax bill

We’ve spent years analyzing what works so you don’t have to. Our job is to cut through bad data and help you make smart, profitable decisions backed by real numbers.

Schedule Your Free Call