Tempe pulses with energy with ASU, festivals, Mill Avenue, Tempe Town Lake, Innings Festival, Spring Training at Diablo Stadium. We manage your Airbnb with elite guest care, damage protection, and attention to detail. Your Tempe property commands premium rates while staying impeccable. Let us turn your asset into cash flow, no stress, all performance.
Meet Nick & Zack, your dedicated short-term rental property managers at Park Place Properties, proudly serving homeowners across Tempe and the East Valley. With deep expertise in university-driven, corporate-travel, and event-based rental markets, our team understands how to maximize performance in Tempe’s high-demand areas near ASU, Tempe Town Lake, Mill Avenue, and major business districts. From guest communication and maintenance to cleaning, landscaping, and ongoing property care, we handle every detail so you can enjoy passive, reliable income.
Tempe’s short-term rental market thrives on steady travel demand from ASU visitors, tech and business travelers, sporting events, Tempe Festival of the Arts, Ironman Arizona, and tourism around Town Lake and Mill Ave. Our dynamic pricing system adjusts rates daily based on events, seasonality, and booking trends to capture peak demand and maintain high occupancy year-round. Whether you host academic-year visitors, long-stay professionals, or weekend leisure guests, we maximize revenue and booking quality at every opportunity.
Travelers in Tempe expect modern, clean, and stylish spaces with strong convenience and accessibility. Our design team curates spaces that appeal to visiting families, business travelers, and groups enjoying downtown nightlife or ASU events. From modern furnishings and workspace setups to upgraded outdoor living and self-check-in systems, we position your home to attract top-tier guests and earn consistent five-star reviews. The result is stronger nightly rates, higher year-round occupancy, and a high-performing Tempe rental asset.
To maximize your property's exposure, we manage and optimize listings across ten major booking platforms. Additionally, we have developed our own direct booking website, enabling guest retargeting for repeat reservations while bypassing host fees from prominent platforms—ultimately yielding a higher ROI for you.
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Protect your short-term rental property with our free insurance coverage. Rest easy knowing that damages up to $1M are covered.
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Our profesisonal Housekeeping team coordinates cleans and regular inspections to ensure your property is always 5 star ready.
From every day repairs to coordinating large scale renovations, our maintenance team is skilled in maintaining your property allowing you to focus on what matters.
Strict tenant and guest screening procedures filters out any guests who dont meet our requirements. This is our first line of defense to ensure we protect your most valuable asset.
Available 24/7 we communicate with your guests and tenants to provide a white glove, concierge service.
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Our expert legal team is trained on short-term rental by-laws in every market we serve. We can help you obtain the correct licenses and ensure compliance with federal and state/provincial laws.
Tempe requires a Short-Term Rental (STR) license for any stay of 29 days or less. A separate license is needed for each unit, and operating without one can trigger penalties up to $1,000 per month. The City actively verifies unlicensed activity using listing and booking data from major platforms.
What you need at application
Arizona TPT license number (from AZTaxes.gov).
Proof of registration with the Maricopa County Assessor.
Liability insurance totaling at least $500,000 (your own policy or coverage provided by an online lodging marketplace).
License fee: $250 per unit per year ($187.50 if issued after July 1).
Step by step instructions on how to apply for your STR license in Tempe
Neighbor notification (after approval)
Once Tempe issues the STR license, you must notify adjacent, across, and diagonal properties in writing; in multifamily buildings, notify all units on the same floor. Notices must include the STR license number and an emergency contact. Email a copy of your notice to license@tempe.gov for city records.
Renewal
Licenses expire January 1 each year.
Renew by December 31 to avoid penalty fees.
Penalties & enforcement
Up to $1,000 per month for failure to obtain/renew a license.
New license applications may include retroactive penalties if the property operated before applying.
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Very positive experience renting my Airbnb with park place, they have eased all my orginal concerns about outsourcing the process
It's pleasure to work with Park Place Properties. The team is very professional and very responsive to all my questions and concerns. The report is transparent and straight forward to understand. Most importantly it turns my property to a good value for investment.
Reliable and easy to deal with, they were transparent with approved expenses and provided all receipts and invoices.
I cannot rate Park Place Properties highly enough. As far as Property Managers go they have by far been the best I’ve dealt with, their willingness to solve issues in a timely manner and fantastic communication skills has made everything very easy.
If you own properties and need a company to manage them from A to Z then these are your guys! No more headaches about quality issues or hidden costs. So transparent, honest and caring. Would highly recommend.
The staff at Park Place Property Management were professional start to finish. They were quick to respond and easy to work with. We would highly recommend them.
We have partnered with property managers and prospective property managers just like you across North America. Leverage our resources, technology, and experience so you can focus on what you do best.
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