More Arizonans are renting rooms on Airbnb as inflation rises

Illustration: Aida Amer/Axios

With inflation hitting our wallets, more and more Arizonans are renting out rooms in their homes to earn extra cash, according to Airbnb.

State of play: 41% of U.S. Airbnb hosts say one of the reasons they rent out their properties is to make money to help cover rising prices, according to a survey by the company.

By the numbers: A typical host in the United States earned over $13,800 in 2021.

  • This is 85% more than in 2019.

Zoom out: New hosts worldwide earned a combined total of over $1.8 billion in 2021, up over 30% from 2019

Yes, but: Not everyone likes Airbnb. Neighborhoods in the Phoenix metro area and tourist towns like Sedona have attempted to enact regulations against short-term rentals, as they sometimes attract loud parties and other nuisances.

  • However, state law limits the ability of cities to regulate these types of rentals.
  • Arizona’s attorney general recently ruled that an order by Paradise Valley to curb Airbnb parties violated state law, Arizona Mirror reported.
  • Phoenix and Scottsdale adopted lighter regulations, such as requiring hosts to respond to police calls within the hour and posting contact information for emergency contacts at their properties.

To note : Airbnb tries to prevent tenants from hosting parties.

  • The company instituted a temporary party ban in 2020 and made it permanent this year.
  • The company saw a 55% decrease in the number of parties reported in Arizona after the ban was enacted, The AZ family reported.


Support local journalism by becoming a member.

Learn more

After Phoenix stories

Nope stories could be found

Get a free daily summary of the most important news in your garden with Axios Phoenix.


Support local journalism by becoming a member.

Learn more

Comments are closed.