Las Vegas - 89103

As of October of 2024, Homes in 89103 ZIP Code have appreciated by 5.33%, with the median home value standing at $279,226, according to Zillow.

There are currently 761 active short-term rentals in 89103 ZIP Code. The average daily rate for these rentals is $148. This translates to an annual revenue of $30,980 for short-term rentals as of October of 2024.

89103 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.

As of October of 2024, the average gross yield for short-term rentals in 89103 ZIP Code is 11.07%. However, potential investors should also consider the average property tax, which stands at 0.57% according to SmartAsset.

The median household income in 89103 is $58,231.

As of October of 2024, the occupancy rate for Airbnb rentals in 89103 is 66%, which is higher than the average occupancy rate for the United States.

As of October of 2024 The unemployment rate in 89103 ZIP Code is 6.1%, which is higher than the national average of 4.1%.

The most impactful amenities for short-term rentals in 89103 include a Bidet, Ping pong table, and Outdoor shower.

89103 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Los Angeles, CA (5.97% of all guests), Las Vegas, NV (3.23% of all guests), and San Diego, CA (1.73% of all guests).

The top short-term rental hosts in 89103 ZIP Code include Suiteness, RoomPicks and RoomPicks By Antony. These hosts have an average rating of 4.78, 4.53 and 4.70 respectively.

The most popular property types in 89103 ZIP Code are 2-bedroom units, with an average daily rate of $148 and an annual revenue of $32,531.

The average booking lead time for short-term rentals in 89103 ZIP Code is 59 days.