Las Vegas, NV Short-Term Rental ROI Calculator
Analyze your Airbnb investment with live Las Vegas market data. Pre-populated with real ADR, occupancy, and revenue benchmarks.
Investor Quick Take
Strengths
- Solid occupancy — 62% market average
- Competitive ADR — $213/night market rate
- Low seasonality — consistent year-round income
- STR-friendly regulations — low compliance burden
Risks
- Market conditions can change — verify data before committing capital
Solid Market
Based on ADR, occupancy, and supply metrics
Las Vegas is a urban market with 62% average occupancy and $213 ADR.
We've pre-populated this calculator with Las Vegas's market averages. Adjust the values to match your specific property.
Las Vegas Short-Term Rental Market Overview
Las Vegas draws consistent STR demand from business travelers, event tourism, and weekend visitors. As Nevada's major urban center, the city generates year-round occupancy that insulates investors from the seasonal volatility common in resort markets.
The average STR in Las Vegas generates approximately $48,200 in annual revenue, with an average daily rate of $213 and a 62% occupancy rate across the year. These metrics position Las Vegas as a solid mid-tier STR market — particularly attractive to investors seeking consistent year-round cash flow.
Active listings in Las Vegas grew by 13% year-over-year, currently sitting at approximately 8,700 active STR units. This moderate growth rate suggests a market finding equilibrium between supply and demand, which typically supports stable occupancy and ADR. Investors should track supply trends quarterly using tools like AirDNA or Rabbu before committing capital.
Key considerations for Las Vegas investors: regulatory risk is rated low — Las Vegas currently has minimal STR regulation, making it an investor-friendly market from a compliance perspective. Monitor local policy, as regulations can change. Property management costs, cleaning turnover for short stays, and platform fee optimization are the primary levers operators use to improve net margin in this market.
Market Metrics
Las Vegas Airbnb Revenue by Property Size
| Property Size | Avg ADR | Avg Occupancy | Avg Annual Revenue | Est. Cap Rate Range |
|---|---|---|---|---|
| Studio | $117 | 62% | $27K | 3.0–4.0% |
| 1BR | $162 | 62% | $37K | 4.1–5.6% |
| 2BR | $234 | 62% | $55K | 6.2–8.4% |
| 3BR | $309 | 62% | $75K | 8.4–11.4% |
| 4BR+ | $426 | 62% | $101K | 11.4–15.4% |
Las Vegas STR Revenue Calendar
Seasonal Insight: Peak season runs October, April, and May. Expect up to 15% higher revenue during peak months. Plan for January and December as your slowest period — approximately 20% below the annual average.
Is Las Vegas a Good Market for Short-Term Rentals?
Why investors choose Las Vegas
- ✓Solid revenue potential: market average of $48,200 per year with upside for well-managed properties
- ✓Strong occupancy: 62% market average leaves limited dead inventory risk
- ✓Year-round demand: Las Vegas's diverse visitor base prevents the seasonal cliffs common in resort markets
- ✓Growing market: 13% annual listing growth signals strong investor and visitor confidence
Key risks to consider
Las Vegas STR Regulatory Overview
LowLas Vegas (unincorporated Clark County) allows STRs with a license. The city of Las Vegas has its own requirements. Nevada is generally STR-friendly.
Key Requirements
- ·Business license required
- ·State modified business tax
- ·Transient lodging tax collection
- ·HOA restrictions common in master-planned communities
Source: Clark County Business License Division · Last verified: 2026-01. Regulations change frequently — always verify current requirements with local authorities before investing.
Compare Las Vegas to Similar Markets
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| Metric | Las Vegas | Scottsdale | Sedona | Tucson |
|---|---|---|---|---|
| ADR | $213 | $267 | $398 | $142 |
| Occupancy | 62% | 58% | 71% | 52% |
| Avg Revenue | $48K | $57K | $103K | $27K |
| Median Home Value | $415K | $765K | $895K | $295K |
| Regulatory Risk | Low | Moderate | Low | Low |
Las Vegas Short-Term Rental FAQs
Is Las Vegas a good market for short-term rentals?+
Las Vegas, NV is a solid US STR markets. With an average daily rate of $213 and 62% occupancy, the average listing earns approximately $48,200 per year. Market performance varies significantly by property type, location within the city, and management quality — this calculator helps you model your specific scenario.
What is the average Airbnb income in Las Vegas?+
The average STR listing in Las Vegas generates approximately $48,200 in gross annual revenue at a $213 average daily rate and 62% occupancy. Top-performing listings with premium amenities, strong reviews, and professional management can earn 30–50% above the market average. After platform fees (3–5%), cleaning costs, and other expenses, net revenue typically ranges 60–75% of gross.
What occupancy rate can I expect for an Airbnb in Las Vegas?+
The market-average occupancy in Las Vegas is approximately 62%. New listings typically underperform the market average for the first 3–6 months while accumulating reviews. Properties with professional photography, competitive pricing, and consistently high ratings can reach 74–80% occupancy. This market is relatively consistent year-round — consistent occupancy is achievable year-round with good pricing strategy.
What are the STR regulations in Las Vegas?+
Regulatory risk in Las Vegas is rated Low. Las Vegas currently has minimal STR regulation, making it investor-friendly from a compliance standpoint. Always verify current requirements — local policies can change. Regulations change frequently; always confirm current rules with local authorities.
What type of property performs best as an Airbnb in Las Vegas?+
In Las Vegas, the highest-performing STR properties are typically 1–2 bedroom apartments and condos near downtown. Guests in urban markets prioritize location, walkability, and modern amenities. The most efficient segment by revenue-per-dollar-invested is typically the 2-bedroom category.
What is the best season for Airbnb in Las Vegas?+
Las Vegas sees peak STR demand during spring (March–May) and fall (September–October). During peak season, top properties can command rates 15% above their annual average. Demand remains relatively stable throughout the year, with only moderate seasonal variation.
How much does it cost to buy an STR investment property in Las Vegas?+
The median home value in Las Vegas is approximately $415,000. With a 20% down payment, you'd invest roughly $95K in cash (including closing costs and setup). At the market-average revenue of $48,200/year, a property at median value would generate a gross revenue yield of approximately 11.6%. Use this calculator to model your specific purchase price, financing terms, and expense assumptions.
How does Las Vegas compare to other STR markets?+
Las Vegas performs above the national average for STR revenue. The $213 ADR is near the national STR average of roughly $185. For comparison, markets like Aspen and Malibu exceed $450 ADR but require significantly higher acquisition costs. Las Vegas offers a lower barrier to entry with reliable occupancy fundamentals.
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