How short-term rentals work in Phoenix
The first step in Phoenix is the city's permit or registration process, with a fee of about $250. The status card above has the full detail on the current rules.
Phoenix broadly permits short-term rentals. Expect to register and collect lodging tax, but there is real room for an investor STR strategy.
At the state level, Arizona limits how far cities can go in banning short-term rentals.
What it means for investors
Phoenix is relatively open to short-term rentals, so an STR strategy is on the table. Run the numbers on a specific property, and compare it to a straight long-term rental to see which pencils better.