Rent Your Vacation Home or Condo in Tempe, Arizona

When considering a vacation rental in Tempe, Arizona, there are a few things to keep in mind. First, is the home going to be available for a limited time? If so, then it’s probably best to find someone who can stay for just a few weeks or months at the most. Second, is the home going to be fully-furnished? If not, then that’s something to think about as well. Finally, how much will it cost? There are a lot of variables when it comes to short-term vacation rentals in Tempe, Arizona and there’s no one size fits all solution.

When partnering with RedAwning for your property management needs, we can make sure your Tempe rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Tempe

During the month of November, Tempe is projected to generate over $173/night for a 2 bedroom vacation rental, on average! There were 1,508 vacation active rental properties in Tempe.  1,312 are renting the entire place, and 196 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Tempe is booked 70% of the time, and most hosts are projected to generate $2,525 or more during the month of November! See how much you could earn with our free vacation rental income calculator.

$173.00 Per Night*


69% Occupied*


$2,525.00 Per Month*

* Based on the median average of all vacation rentals in the Tempe area.
Get a free estimate for your home or condo.

Featured Tempe Vacation Rental Generating Record Profits With RedAwning

Tempe Wesleyan Starting at $244 to $1,639 per night!

4 BR 3 Bath Home - sleeps up to 13

Tempe Wesleyan - a Phoenix Property Escape to this fully remodeled dream house, designed for sun-seeking holidays and ASU family getaways! Relax outdoors in a sprawling backyard, with a complimentary heated pool! Challenge friends to a game of corn hole on the lawn, or a ping pong therapy match! Inside, there's enough space for everyone, w/ 4 bedrooms and 3 full baths! Located just 7 minutes from Arizona State... Read More

This Tempe vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Tempe.

Successful short-term vacation rentals in Tempe, Arizona

Positive Tempe vacation rental trends include: Tempe is a growing and evolving city. The cost of living is lower than in many other cities, making it an affordable place to live. Tempe has a vibrant music scene and is home to several festivals throughout the year. The weather is warm and sunny most of the time, with dry winters and mild springs and autumns. Although there are few beaches in Tempe itself, Tempe Town Lake is nearby, with plenty of sandy beaches for swimming and boating. There are also a number of parks around the lake that are perfect for picnics or playing catch with the kids. Tempe has a variety of restaurants to choose from, so you can always find something to suit your tastes and budget. Additionally, there are plenty of bars and clubs that cater to everyone’s taste and style, so you will never be bored while staying in Tempe.

Tempe has been a popular vacation destination for many years and continues to see an increase in visitors every year. One reason for this is the location of Tempe: it’s close to Phoenix, with easy access to the nearby attractions, restaurants, and shopping. It also has plenty of affordable accommodations options, ranging from hotels and motels to quaint inns and bed and breakfasts. As a result, it has become one of Arizona’s most popular vacation destinations. There are also several positive trends that you can look for when you decide to rent out your Tempe home as a short-term rental. First, there is a growing demand for short-term rentals in Tempe, especially by people who are looking for an affordable place to stay while visiting Phoenix or other nearby cities. Second, there is a growing number of vacation rentals that are available on platforms like Airbnb, HomeAway and VRBO. This means that you have more opportunities to find suitable tenants and earn some extra income through short-term rental services. So if you’re considering renting out your Tempe home as a short-term rental, don’t hesitate! There are plenty of benefits to doing so.

RedAwning takes the guess-work out of Tempe property management, and we work with you to ensure your Tempe short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Tempe vacation rental could earn:

Revenue Projections for Vacation Rentals in Tempe, Arizona during December, 2023

Based on a 2 bedroom, which is the most common Tempe vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Tempe vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Tempe

Note: These averages are based on a 2 bedroom home in Tempe. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Tempe, Arizona?

If you are a speculative home buyer or have another home in Arizona, check out our other Arizona Vacation Rental Management reports in FlagstaffGilbertHolbrookPhoenixScottsdaleSedonaTucsonLake HavasuChandlerMesaSurprisePineQueen CreekMaricopaCave CreekGlendaleSan Tan ValleyGoodyearFountain HillsParadise ValleyBellemontLitchfield ParkSun City WestSun LakesShow LowMunds ParkCasa GrandePaysonPinetop LakesideGold CanyonSierra VistaBullhead CityPeoriaTubacPeeples ValleyYuma,  and Lake Havasu City, Arizona or view all of our vacation rental market reports

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