Peoria, AZ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Peoria short-term rental market based on reliable data.

Listings

193 / 427

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$37,750

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$485,361

Median Home Sale Price

Top Earners

$72,306

Top-Earners Revenue

Peoria

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Peoria.

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B

Generally Investor friendly

Peoria Regulations

Peoria permits STRs citywide with clear, standard requirements: city registration and business license, liability insurance, neighbor notice, emergency contact, and county and state tax obligations. No known caps or area bans, fees are not described as high, and enforcement appears manageable with city guidance. The multi‑layer registration/tax duties are moderate but not onerous.

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About Peoria

Peoria, Arizona is a rapidly growing suburb of the Phoenix metropolitan area, located approximately 13 miles (21 kilometers) northwest of downtown Phoenix. As of 2023, Peoria has an estimated population of around 191,000 residents, making it one of the larger communities within the Phoenix-Mesa-Scottsdale market area.

Peoria is a popular destination for short-term rentals due to its blend of urban amenities and suburban comfort, as well as its proximity to major attractions and outdoor activities. The city is home to the Peoria Sports Complex, which serves as the spring training facility for the San Diego Padres and Seattle Mariners. This attracts a significant number of visitors during the spring training season. More information about the facility can be found at their official website.

Lake Pleasant Regional Park is another highlight, offering a vast 23,000-acre outdoor playground ideal for boating, fishing, and camping. This makes it particularly appealing for tourists seeking natural beauty and recreational activities. Further details about the park can be accessed on the Maricopa County Parks website.

The P83 Entertainment District is a bustling area with numerous dining, shopping, and entertainment options, adding to the city's attractiveness as a short-term rental market. The district's eclectic mix of amenities makes it a centralized location for visitors. More information is available on the P83's official page.

Additionally, Peoria has a number of cultural attractions including the Arizona Broadway Theatre, which offers dinner theater experiences. For more information, visit their official website.

Given its growing population, close proximity to Phoenix, and array of attractions, Peoria, AZ, holds considerable appeal for those considering short-term rentals in the region.

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