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Airbnb City Guide: The Best Places To Invest in Chandler, Arizona
2024-04-16T19:47:46.731Z
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Airbnb Rules and Regulations in Chandler, Arizona
Chandler has implemented rules and regulations for short-term rentals to ensure a safe and enjoyable experience for guests and residents. All short-term rental properties must be registered with the city and comply with zoning requirements. Hosts collect and remit applicable taxes, including the 5.5% Transient Lodging Tax. To maintain neighborhood tranquility, occupancy limits are set at two guests per bedroom plus two additional guests, with a maximum of 10 guests per property.
Quiet hours are enforced from 10 PM to 7 AM, and parking restrictions apply based on the property's location. Safety measures, such as smoke detectors, carbon monoxide detectors, and fire extinguishers, must be installed and maintained. Hosts are required to provide a local contact person, such as a property manager, available 24/7 to address any concerns or emergencies. By adhering to these regulations, Airbnb hosts in Chandler can contribute to a thriving and responsible short-term rental market while minimizing the impact on local communities.
Chandler Airbnb Market Data:
- Average Revenue – $66.1K per year
- Average Daily Rate – $394.4 per night
- Average Occupancy Rate – 55%
- Average RevPAR – $220.9
- Average Home Prices – $531,446
1. Top Place to Invest in Chandler, Arizona - Downtown
Downtown Chandler, a vibrant and thriving area, has emerged as a top choice for Airbnb investors seeking a profitable venture in the heart of Arizona. With its unique blend of historic charm and modern amenities, Downtown Chandler offers a compelling investment opportunity for those looking to capitalize on the growing short-term rental market.
Downtown Airbnb Market Data:
- Average Revenue – $36.6K per year
- Average Daily Rate – $203.9 per night
- Average Occupancy Rate – 60%
- Average RevPAR – $125.9
Convenience - 8/10
Downtown Chandler boasts a highly convenient location, with easy access to major highways, public transportation, and a wide range of shops, restaurants, and services. The compact, walkable nature of the downtown area makes it an attractive choice for both residents and visitors alike.
Tourist Attractions - 7/10
While Downtown Chandler may not have the same level of tourist attractions as some larger cities, it still offers a variety of interesting and engaging options for visitors. The Chandler Center for the Arts hosts a diverse lineup of performances throughout the year, while the Chandler Museum provides insight into the area's rich history.
Things to Do - 8/10
From the weekly farmers market to the local numerous festivals and events held throughout the year, Downtown Chandler offers a wide array of activities for residents and visitors to enjoy. The downtown area is also home to a thriving dining and nightlife scene, with a variety of restaurants, bars, and breweries to choose from.
Average Home Prices - 7/10
According to Zillow data for 2024, the median home price in Downtown Chandler is $450,000, which represents a 4.5% appreciation rate over the past year. While prices are higher than in some surrounding areas, the strong demand for housing in the downtown area has helped to maintain steady property values.
Proximity to Work-Related Travel - 9/10
Downtown Chandler is ideally situated for corporate rentals since it caters to those needing to travel for work, with easy access to major healthcare, technology, and financial employers. The Chandler Regional Medical Center is just a short drive away, while the Chandler-Gilbert Community College and the Chandler Chamber of Commerce are both located within the downtown area.
X-Factor - 8/10
What sets Downtown Chandler apart is its unique blend of small-town charm and urban sophistication. The area has a strong sense of community, with a variety of locally-owned businesses and a thriving arts scene. At the same time, the downtown area offers all the amenities and conveniences of a larger city, making it an attractive choice for both residents and visitors.
2. Top Place to Invest in Chandler, Arizona - Ocotillo
Nestled in the heart of Chandler, Ocotillo is a master-planned community that has garnered attention from Airbnb investors for its picturesque setting, top-notch amenities, and strong potential for short-term rental success. This upscale neighborhood offers a tranquil escape from the hustle and bustle of city life while still providing easy access to all that Chandler has to offer.
Ocotillo Airbnb Market Data:
- Average Revenue – $46.4K per year
- Average Daily Rate – $305.5 per night
- Average Occupancy Rate – 57%
- Average RevPAR – $173.5
Convenience - 7/10
Ocotillo's convenient location near major highways and public transportation makes it an attractive choice for both residents and visitors. The community is just a short drive from the Chandler Fashion Center, which offers a wide variety of shopping and dining options, grocery stores, and other essential services.
Tourist Attractions - 6/10
While Ocotillo itself may not have a wealth of tourist attractions, its proximity to other areas of interest in Chandler and the surrounding region makes it a solid choice for Airbnb investors. The nearby Rawhide Western Town and Event Center provides a unique glimpse into the Old West, while the Ocotillo Golf Club offers a challenging and scenic round of golf.
Things to Do - 7/10
Ocotillo boasts a variety of recreational activities and amenities for residents and visitors to enjoy. The community features several parks and green spaces, including the Ocotillo Trail System, which offers miles of walking and biking paths. The Ocotillo Village Health Club and Spa provides a range of fitness classes and wellness services, while the nearby Chandler Aquatics Center is perfect for a refreshing swim on a hot day.
Average Home Prices - 8/10
According to Zillow data for 2024, the median home price in Ocotillo is $650,000, representing a 5.2% appreciation rate over the past year. While prices are higher than in some other areas of Chandler, the upscale nature of the community and its strong demand for housing have helped to maintain steady property values.
Proximity to Work-Related Travel - 6/10
Ocotillo's location in southern Chandler may not be as convenient for work-related travel as some other areas of the city. However, the community is still within a reasonable driving distance of major employers such as Intel, Wells Fargo, and the Chandler Regional Medical Center.
X-Factor - 8/10
What sets Ocotillo apart is its stunning natural beauty and upscale amenities. The community is built around a series of lakes and waterways, providing a serene and picturesque setting for residents and visitors alike. The Ocotillo Golf Club, designed by Ted Robinson, is consistently ranked as one of the top courses in Arizona, while the community's numerous parks and green spaces offer plenty of opportunities for outdoor recreation.
3. Top Place to Invest in Chandler, Arizona - Sun Groves
Sun Groves, a charming and well-established neighborhood in Chandler, has caught the eye of Airbnb investors seeking a stable and profitable venture. This family-friendly community offers a perfect blend of residential comfort and proximity to local attractions, making it an enticing prospect for those looking to capitalize on the short-term rental market.
Sun Groves Airbnb Market Data:
- Average Revenue – $48.1K per year
- Average Daily Rate – $318.2 per night
- Average Occupancy Rate – 56%
- Average RevPAR – $179.4
Convenience - 8/10
Situated in the heart of Chandler, Sun Groves offers unparalleled convenience for both residents and visitors. The neighborhood is just minutes away from the Loop 202 and Loop 101 freeways, providing easy access to the rest of the Phoenix metropolitan area. Additionally, a variety of shopping, dining, and entertainment options are within walking distance or a short drive from the community.
Tourist Attractions - 5/10
While Sun Groves itself may not be a tourist hotspot, its central location in Chandler allows for easy exploration of nearby attractions. The Arizona Railway Museum, a favorite among train enthusiasts, is just a short drive away, as is the Chandler Fashion Center, which offers a wide range of shopping and dining options.
Things to Do - 6/10
Sun Groves offers a handful of recreational activities for residents and visitors to enjoy. The community features a well-maintained park with a playground, perfect for families with young children. Nearby, the Chandler Sunset Library hosts various events and programs throughout the year, catering to all ages.
Average Home Prices - 7/10
According to Zillow data for 2024, the median home price in Sun Groves is $480,000, representing a modest 3.8% appreciation rate over the past year. While prices are slightly higher than some other areas of Chandler, the neighborhood's strong sense of community and convenient location have helped to maintain stable property values.
Proximity to Work-Related Travel - 7/10
Sun Groves' central location in Chandler makes it a convenient choice for those who need to travel for work. The neighborhood is within a 20-minute drive of major employers such as Intel, Wells Fargo, and the Chandler Regional Medical Center. Additionally, the nearby Loop 202 and Loop 101 freeways provide easy access to other parts of the Phoenix metropolitan area.
X-Factor - 7/10
Sun Groves's strong sense of community and family-friendly atmosphere sets it apart. The neighborhood is known for its well-maintained homes, quiet streets, and friendly residents. This close-knit community feel, combined with its convenient location and stable property values, makes Sun Groves an attractive option for Airbnb investors looking for a reliable and profitable venture.
4. Top Place to Invest in Chandler, Arizona - Clemente Ranch
Clemente Ranch, a hidden gem in the southeastern part of Chandler, has recently gained traction among Airbnb investors looking for a promising opportunity. This tranquil, family-oriented neighborhood offers a unique blend of suburban charm and easy access to the city's amenities, making it an attractive option for those seeking to invest in the short-term rental market.
Clemente Ranch Airbnb Market Data:
- Average Revenue – $34.2K per year
- Average Daily Rate – $206.5 per night
- Average Occupancy Rate – 58%
- Average RevPAR – $122.5
Convenience - 7/10
Located near the intersection of Riggs Road and Arizona Avenue, Clemente Ranch provides residents and visitors with convenient access to major thoroughfares. The neighborhood is just a short drive from the Loop 202 freeway, connecting it to the rest of the Phoenix metropolitan area. Nearby shopping centers, such as the Promenade at Fulton Ranch and the Shoppes at Casa Paloma, offer a variety of retail and dining options.
Tourist Attractions - 4/10
Clemente Ranch itself may not be a major tourist destination, but its proximity to other areas of interest in Chandler makes it a viable option for Airbnb investors. The Rawhide Western Town and Event Center, a popular attraction showcasing the Old West, is just a 15-minute drive away. The Chandler Museum, which offers a glimpse into the city's history, is also within easy reach.
Things to Do - 6/10
While Clemente Ranch may not have an extensive list of activities, the neighborhood does offer some recreational opportunities. The community features a well-maintained park with a playground and walking paths, perfect for families with children. The nearby Veterans Oasis Park provides a serene setting for picnics, fishing, and birdwatching.
Average Home Prices - 8/10
According to Zillow data for 2024, the median home price in Clemente Ranch is $550,000, representing a healthy 4.8% appreciation rate over the past year. The neighborhood's relatively newer construction and desirable location have contributed to its strong property values, making it an attractive option for Airbnb investors.
Proximity to Work-Related Travel - 6/10
Clemente Ranch's location in southeastern Chandler may not be as convenient for work-related travel as some other areas of the city. However, the neighborhood is still within a reasonable driving distance of major employers such as Intel and the Chandler Airpark. The nearby Loop 202 freeway also provides easy access to other parts of the Phoenix metropolitan area.
X-Factor - 7/10
What sets Clemente Ranch apart is its quiet, family-friendly atmosphere and its potential for growth. The neighborhood's well-maintained homes, safe streets, and strong sense of community make it an appealing choice for families and travelers alike. As the area continues to develop, Airbnb investors may find increasing opportunities to capitalize on the short-term rental market in this charming corner of Chandler.
5. Top Place to Invest in Chandler, Arizona - Twelve Oaks
Nestled in the heart of Chandler, Twelve Oaks has emerged as a promising investment opportunity for Airbnb investors seeking a slice of suburban tranquility. This well-established neighborhood offers a perfect blend of residential comfort and easy access to the city's amenities, making it an attractive option for those searching for a location to start their venture into the Airbnb space.
Clemente Ranch Airbnb Market Data:
- Average Revenue – $26.5K per year
- Average Daily Rate – $187.3 per night
- Average Occupancy Rate – 46%
- Average RevPAR – $89.3
Convenience - 8/10
Twelve Oaks boasts a highly convenient location just off the Loop 101 freeway, which provides quick access to the rest of the Phoenix metropolitan area. The neighborhood is also within close proximity to a variety of shopping, dining, and entertainment options, including the Chandler Fashion Center and the San Tan Village Outdoor Mall.
Tourist Attractions - 5/10
While Twelve Oaks itself may not be a major tourist destination, its central location in Chandler allows for easy exploration of nearby attractions. The Arizona Railway Museum, a must-visit for train enthusiasts, is just a short drive away, as is the Zelma Basha Salmeri Gallery, which showcases an impressive collection of Western American and Native American art.
Things to Do - 6/10
Twelve Oaks offers a handful of recreational activities for residents and visitors to enjoy. The neighborhood features a well-maintained park with a playground and walking paths, perfect for families with young children. The nearby Tumbleweed Park hosts various events throughout the year, including the annual Chandler Ostrich Festival.
Average Home Prices - 7/10
According to Zillow data for 2024, the median home price in Twelve Oaks is $525,000, representing a steady 4.2% appreciation rate over the past year. The neighborhood's mature landscaping, spacious lots, and well-maintained homes have contributed to its stable property values, making it an attractive option for Airbnb investors.
Proximity to Work-Related Travel - 8/10
Twelve Oaks' convenient location near the Loop 101 freeway makes it an ideal choice for those who need to travel for work. The neighborhood is within a 15-minute drive of major employers such as Intel, PayPal, and the Chandler Regional Medical Center. The nearby Chandler Municipal Airport also serves as a convenient hub for business travelers.
X-Factor - 7/10
Its strong sense of community and picturesque setting sets Twelve Oaks apart. The neighborhood is known for its mature trees, wide streets, and well-maintained homes, creating a welcoming atmosphere for both residents and visitors. This suburban charm and its convenient location and stable property values make Twelve Oaks an enticing prospect for Airbnb investors looking for a reliable and profitable venture.
⚡️
Reveal your property’s rental profitability
Buy this property and list it on Airbnb.