Airbnb & VRBO Performance in North Las Vegas Nevada.

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North Las Vegas, Nevada: Airbnb & VRBO Vacation Rental Market Overview

The short-term rental market in North Las Vegas, Nevada, is thriving, with a notable occupancy rate of 49%, significant rental income potential of around $3,401 per month, and a promising cash on cash return of 5%, making it an attractive investment opportunity.

Market overview

Thriving Short-Term Rentals in North Las Vegas: A Lucrative Investment Opportunity

North Las Vegas is experiencing a robust performance in the short-term rental market, making it an attractive destination for investors. The area boasts an Airbnb occupancy rate of 49%, indicating a steady demand for short-term accommodations.

In terms of financial performance, the average rental income for short-term rentals in North Las Vegas is approximately $3,401 per month, with a cash on cash return of 5% for Airbnb properties. This is complemented by a median property price of $423,950, which, although significant, promises lucrative returns given the high demand and occupancy rates.

The strong tourism sector in Southern Nevada, coupled with the city's vibrant events and attractions, ensures that short-term rentals in North Las Vegas remain consistently in demand. This makes the area a promising choice for those looking to invest in the short-term rental market.

Short Term Regulations

Short-Term Rental Regulations in North Las Vegas, Nevada for 2024

Licensing and Permits

  • Conditional Use Permit (CUP): Required before applying for a business license. Apply through the city's Planning Department at (702) 633-1537. Processing may take up to 30 days.
  • Required documents include proof of ownership, site plans showing noise monitoring equipment, and floor plans for owner-occupied units.

  • Business License: Annual license required after obtaining the CUP. The license fee is $900, the highest in the Las Vegas area.

Property Requirements

  • Owner Occupancy: The property must be owner-occupied with no more than 3 bedrooms based on Clark County Assessor records.
  • Separation Requirement: A minimum of 660 feet between short-term rental units, with some exceptions for permits issued in the first 60 days after the ordinance.
  • Inspections: Properties must pass a city inspection to verify bedroom count, life safety requirements, and proof of any unpermitted additions or changes to the original structure.

Safety and Compliance

  • Noise Monitoring Equipment: Installation of noise monitoring equipment is required, and its location must be shown on the site plan.
  • Liability Insurance: Proof of liability insurance coverage of at least $500,000 is required.
  • Safety Codes: Properties must comply with safety codes, including the installation of smoke alarms and carbon monoxide detectors.

Taxes and Fees

  • Transient Lodging Tax: A 13% transient lodging tax must be collected and remitted to the city. Guests staying 30 days or more are exempt.
  • Annual Business License Fee: $900 per year, which is the highest in the Las Vegas Valley.

Additional Requirements

  • Neighbor Notification: Notification of neighbors within 200 feet of the rental is required.
  • HOA Approval: If located in an HOA, a notarized letter from the association acknowledging the rental is required.
  • Security Plan: A security plan detailing how the property will be managed and potential issues addressed must be submitted.

Enforcement

  • 24/7 Hotline: The city has a 24/7 hotline for residents to report complaints related to noise, parking, occupancy, or other violations.
  • Penalties for Non-Compliance: Significant fines and penalties for operating without a license or breaking other regulations.
Neighborhood Performance

Top Airbnb Revenue-Generating Neighborhoods in North Las Vegas, Nevada

1. Craig Ranch

  • Average Revenue: $64.5K per year
  • Average Daily Rate: $289.7 per night
  • Average Occupancy Rate: 61%
  • Average RevPAR: $176

Craig Ranch is highly appealing due to its exceptional convenience, modern amenities, and strategic location. The neighborhood boasts top-rated schools, shopping centers, dining options, and healthcare facilities. Easy access to major highways and public transportation makes it ideal for guests to navigate and explore North Las Vegas.

2. Sandstone Ridge

  • Average Revenue: $60.3K per year
  • Average Daily Rate: $262.4 per night
  • Average Occupancy Rate: 63%
  • Average RevPAR: $165.2

Sandstone Ridge attracts investors and guests with its blend of affordability, convenience, and potential for short-term rentals. The neighborhood is reasonably close to essential amenities like grocery stores, restaurants, and shopping centers, although public transportation is somewhat limited.

3. Northridge

  • Average Revenue: $52.7K per year
  • Average Daily Rate: $307 per night
  • Average Occupancy Rate: 47%
  • Average RevPAR: $146.4

Northridge is appealing for its affordability, accessibility, and untapped potential. The neighborhood offers easy access to major highways and a variety of amenities, including grocery stores, restaurants, and shopping centers, making it a solid choice for those seeking a balance between tranquility and accessibility.

4. Aliante

  • Average Revenue: $32.6K per year
  • Average Daily Rate: $168.7 per night
  • Average Occupancy Rate: 53%
  • Average RevPAR: $90.6

Aliante is attractive due to its strategic location, diverse amenities, and growing popularity. The community offers easy access to major highways and public transportation, making it an ideal base for exploring the Las Vegas Valley. Guests benefit from a wide array of nearby amenities, including grocery stores, restaurants, and shopping centers.

Why These Neighborhoods Are Appealing for Guests

  • Convenience and Accessibility: Neighborhoods like Craig Ranch and Aliante stand out for their exceptional convenience, with easy access to major highways, public transportation, and a wide array of amenities.
  • Affordability and Value: Sandstone Ridge and Northridge offer a more affordable option while still providing access to essential amenities, making them attractive for budget-conscious travelers.
  • Local Experiences: All these neighborhoods offer a rich local experience, with diverse international cuisines, shopping centers, and community events, which are particularly appealing to guests looking for an authentic local experience.
  • Proximity to Las Vegas Attractions: These neighborhoods are located within a reasonable distance to key attractions in Las Vegas, such as the Strip and Downtown Las Vegas, making them convenient for guests who want to explore the city without being in the midst of constant activity.
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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in North Las Vegas, Nevada

Color Palette and Decor

  • Use a neutral color palette for walls and large furniture pieces to create a relaxed and uncluttered environment.
  • Incorporate local touches such as artwork, decorative items, or guidebooks that reflect the city's culture and history.

Functional Spaces

  • Ensure each area of the property has a clear purpose, such as a well-defined reading nook, dining area, or relaxation spot.
  • Designate a specific working space with a table and office chair if necessary, to provide a functional area for guests.

Lighting

  • Use stylish and dimmable lighting fixtures, avoiding those that resemble office lighting. Consider standing lamps and bedside lamps with adjustable brightness.

Furniture and Amenities

  • Provide essential furniture such as bedside tables, coffee tables, and comfortable seating. Ensure each piece complements the overall decor.
  • Include must-have amenities like air conditioning/heaters, WiFi, smart TVs, and Netflix subscriptions to enhance guest comfort.

Textiles and Linens

  • Use high-quality, breathable linens such as Egyptian cotton or Percale. Ensure there are spare sets available for longer stays.
  • Choose fashionable and cozy blankets, and consider providing a variety of pillow types for guest comfort.

Local and Personal Touches

  • Add local flavor with informative books, local artwork, and decorative items that reflect Las Vegas's unique style.
  • Leave scented candles and quality toiletries to indulge your guests and create a welcoming atmosphere.

Clutter-Free and Clean Environment

  • Avoid cluttering the space with personal items, old furniture, or unnecessary decorations. Keep the property clean and sanitized.
  • Store cleaning equipment in a locked cabinet to maintain a tidy appearance.

Outdoor Spaces

  • If available, ensure outdoor areas such as BBQ spaces, patios, and pools are well-maintained and inviting. These can be significant selling points for guests.

Smart Technology

  • Consider adding smart home features like keyless entry, smart thermostats, and streaming devices to enhance the guest experience.

Guest Amenities

  • Stock up on essential items like toiletries, basic cooking ingredients, and a first aid kit. These small touches can significantly improve guest satisfaction.
  • Provide games, cards, and other entertainment options for guests to enjoy during their stay.

Safety and Comfort

  • Ensure rugs are heavy-duty and do not pose a trip hazard. Use blackout curtains/blinds to enable guests to sleep undisturbed.
  • Provide an ironing board and iron, as well as other practical amenities like a coffee machine and microwave.
Insider Tips

Discover North Las Vegas: Local Attractions and Insider Tips

Outdoor Adventures

  • Lake Mead National Recreation Area: Just minutes away, offering hiking, biking, fishing, and boating opportunities.
  • Mt. Charleston and Spring Mountains National Recreation Area: Enjoy skiing, hiking, and panoramic views at an elevation of 6,700 feet.
  • Desert National Wildlife Refuge: Explore the vast desert landscape and diverse wildlife.
  • Nellis Dunes Off-Highway Vehicle Area: 10,000 acres of off-road trails for dirt bikers and UTV riders. Consider guided tours with Las Vegas ATV & UTV Tours.
  • Logandale Trails System: Over 200 miles of OHV trails with scenic views, wildlife, rare plants, and petroglyphs.

Sports and Racing

  • Las Vegas Motor Speedway: Host to NHRA drag racing events and NASCAR Cup Series Races. Experience supercar driving with Exotics Racing.
  • Shadow Creek Golf Course: A top-rated golf course frequently featured in Golf Digest.

Entertainment and Events

  • Electric Daisy Carnival (EDC): A massive electronic dance music festival held at the Las Vegas Motor Speedway each May.
  • Cannery Casino Hotel: Offers a 72,000-square-foot casino floor, live entertainment, an on-site movie theater, and dining options.
  • Aliante Casino Hotel Spa: Features a 650-seat showroom, an IMAX theater, a luxury spa, and several restaurants.

Local Parks and Recreation

  • North Las Vegas Parks: The city maintains 34 parks with over 475 acres of developed park land, including water amenities like pools and ponds.
  • SkyView Multi-Generational Recreation Center: A recreation center focused on multi-generational fitness and activities, operated by the YMCA.
  • Regional Trails: 10 miles of paved trails along the Lower and Upper Las Vegas Wash, connecting to the Neon to Nature regional trail system.

Cultural and Educational Attractions

  • North Las Vegas Library District: Three full-service libraries offering public access computers, programming, and meeting rooms.
  • Nature Discovery Park: Adjacent to the Aliante Library, featuring walking paths and demonstration gardens.

Insider Tips

  • Dining and Nightlife: Recommend local eateries and bars, especially those within the Cannery Casino Hotel and Aliante Casino Hotel Spa.
  • Local Events Calendar: Provide guests with a calendar of upcoming events, including festivals and races at the Las Vegas Motor Speedway.
  • Outdoor Gear Rentals: Suggest local rental services for bikes, ATVs, and other outdoor equipment to enhance their adventure experience.
  • Day Trips: Offer suggestions for day trips to nearby attractions like the Hoover Dam, Lake Mead, and Sloan Canyon National Conservation Area.

By sharing these attractions and tips, your guests can fully immerse themselves in the unique blend of outdoor adventures, entertainment, and local culture that North Las Vegas has to offer.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in North Las Vegas, Nevada

To operate a successful short-term rental business in North Las Vegas, several practical tips can enhance the guest experience and ensure compliance with local regulations.

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations through clear communication in your listing and a digital or physical house manual. North Las Vegas requires the installation of noise monitoring equipment, so ensure this is highlighted in your guest instructions to avoid any issues.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information about the property. This manual should also cover emergency procedures, appliance usage, and any specific rules or regulations that guests need to follow.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos to help them navigate any specific steps or features of the smart lock system.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests understand where and how to park. This can prevent confusion and potential parking violations, ensuring a smooth stay for your guests.

By implementing these tips, you can improve guest satisfaction, reduce potential issues, and maintain compliance with North Las Vegas's stringent short-term rental regulations.

Local Vendors

Here is a brief list of house cleaning providers in North Las Vegas, Nevada:

House Cleaning Services

Superb Maids

  • Highly rated, with a 98% satisfaction rating and over 27,000 cleanings performed.
  • Offers various cleaning services including general dusting, polishing chrome fixtures, and laundry area cleaning.
  • Licensed, bonded, insured, and eco-friendly.

Molly Maid of Central Las Vegas

  • Provides customized cleaning plans with no contracts.
  • Services include floor cleaning, dusting, washing and sanitizing, and move-out cleaning.
  • Covers areas including North Las Vegas, Las Vegas, and Henderson.

The Cleaning Authority - Las Vegas

  • Utilizes the Detail-Clean Rotation System for thorough cleaning.
  • Offers services in North Las Vegas, Las Vegas, Spring Valley, and other surrounding areas.
  • Fully bonded and insured, with a focus on environmentally responsible cleaning products.

Benita's House Cleaning

  • Specializes in cleaning residential homes, vacant homes, and small offices.
  • Licensed and insured, with over 20 years of experience and BBB accreditation.
  • Provides top-quality services with experienced and friendly staff.

These services cater to various cleaning needs and offer reliable, professional house cleaning solutions in the North Las Vegas area.

Management fees

North Las Vegas, Nevada: Understanding Short-Term Rental Management Fees

In North Las Vegas, Nevada, the management fees for short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as MasterHost and Summer, offer comprehensive services including guest communication, marketing, booking management, and maintenance, which generally fall on the higher end of the fee spectrum, often around 12% to 20% of the revenue.

Basic service packages, which may include only the essential management tasks like listing creation and booking management, can be more affordable, starting at around 10% of the rental revenue. Additionally, hosts may incur extra fees for services such as cleaning, repairs, and interior design, which can further impact the overall cost of managing a short-term rental property. These fees highlight the importance of carefully selecting a management service that aligns with the host's needs and budget.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in North Las Vegas should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in North Las Vegas.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
Unlock your home’s potential
Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.
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⇤ Airbnb Statistics for Nevada