Surprise, AZ
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Surprise short-term rental market based on reliable data.
Listings
180 / 648
Reliable / Active
Cap Rate
10%
Middle-Earners Gross Yield
Revenue
$39,749
Middle-Earners Revenue
Occupancy
65%
Middle-Earners Occupancy
Home Value
$417,937
Median Home Sale Price
Top Earners
$64,884
Top-Earners Revenue
Surprise
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Surprise.
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Generally Investor friendly
Surprise Regulations
STRs are allowed citywide in most residential zones and the process is clearly documented, but investors must obtain a city STR license ($250), county rental registration, and state TPT license, plus liability insurance, neighbor notice, and ongoing reporting; no strict caps are evident, keeping investor risk manageable despite moderate compliance steps.
Local STR Agent
STR specialist · Surprise, AZ
About Surprise
Surprise, AZ: A Short-Term Rental Hub
Overview of the City: Surprise, Arizona is a thriving, rapidly growing city located in the northwest part of the Phoenix Metropolitan Area. It has a population of approximately 150,000 residents and is situated around 20 miles northwest of Phoenix, the state's capital and largest city. Surprise is known for its vibrant community, diverse amenities, and a blend of suburban tranquility with easy access to urban conveniences.
Population and Location: As of the latest estimates, Surprise has grown to host around 150,000 people. It offers a perfect retreat for those looking to enjoy a peaceful environment while staying connected to the bustling life in Phoenix, which is just a 30-minute drive away via the US-60 E and AZ-303 Loop S.
Landmarks and Attractions:
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Surprise Stadium: Home to the Kansas City Royals and Texas Rangers during MLB spring training, Surprise Stadium Website is a major attraction. It draws baseball fans and tourists, making it an ideal location for short-term rentals.
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Surprise Aquatic Center: This family-friendly venue offers various pools and slides, appealing to families looking for fun activities. More details are available on their official page here.
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White Tank Mountain Regional Park: Located just west of Surprise, this park is a haven for outdoor enthusiasts with its hiking trails and scenic views. More information can be found here.
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Surprise Community Park: This park features a fishing lake, tennis courts, and picnic areas, making it perfect for visitors looking to enjoy recreational activities. Learn more here.
Short-Term Rental Appeal: Surprise, AZ, with its close proximity to Phoenix, scenic landscapes, and recreational facilities, makes for an attractive location for short-term rentals. The city’s array of events, especially tied to sports, and its family-friendly environment draw a diverse range of visitors including sports fans, families, and outdoor enthusiasts.
Thus, whether you're visiting for a baseball game at Surprise Stadium, exploring the hiking trails at White Tank Mountain, or enjoying family activities at the Aquatic Center, Surprise offers a variety of accommodation options to meet the demand of short-term renters.