With Memorial Day weekend coming up, summer travel season is about to heat up, which means bookings for short-term rentals are filling up quickly. And Scottsdale holds the distinction of being among the Top U.S. cities for most Airbnb rentals and most expensive rates.
So, which cities provide travelers with the largest variety of options for Airbnb rentals?
A new data analysis conducted by ChamberofCommerce.org discovered that Scottsdale, Arizona ranks second in the nation for cities with the most Airbnb listings.
The city also ranks No. 2 for having the most expensive Airbnb rates.
Overall, the city has 1,370 Airbnb listings per 100,000 residents.
Here are the highlights for Scottsdale:
- Total active Airbnb listings: 3,497
- Airbnb listings per 100,000: 1,370
- Average nightly rate for one bedroom: $114
- Average nightly rate for two bedroom: $151
- Average nightly rate for three bedroom: $264
- Average nightly rate for all property types: $394
But being one of the nation’s hotspots for Airbnb also comes with a hefty price tag.
Scottsdale ranks 2nd in the nation for having the most expensive Airbnb rates. An average nightly stay at an Airbnb will set travelers back $394, which has been the average rate for an Airbnb in Scottsdale throughout the last 12 months.
However, rates have cooled slightly in Scottsdale as the off-season approaches. The average nightly rate throughout the next 30 days is $261, as of May 22.
Elsewhere, Glendale ranks 12th and Phoenix ranks 13th.
Overall, Miami tops the list of cities with the most active Airbnb listings. The city offers more than 1,400 Airbnb listings per 100,000.
You can find the full data here.