Fountain Hills, AZ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Fountain Hills short-term rental market based on reliable data.

Listings

202 / 405

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$40,677

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$667,407

Median Home Sale Price

Top Earners

$108,609

Top-Earners Revenue

Fountain Hills

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fountain Hills.

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B

Generally Investor friendly

Fountain Hills Regulations

STRs are explicitly allowed with a manageable $250 annual permit and clear online portal, but investors must complete multi‑layer compliance (state TPT, county registration, local permit) plus insurance, background checks, neighbor notification, and on‑site posting. High combined taxes (~14.17%) and active enforcement via a complaints portal add cost/compliance burden but do not impose caps or severe zoning limits.

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About Fountain Hills

Fountain Hills is a town in Maricopa County, Arizona, with a population of approximately 24,000 residents. It sits in the Sonoran Desert against the dramatic backdrop of the McDowell Mountains, offering a quieter, scenic alternative to the bustle of the Phoenix metro area. Best known for the iconic Fountain Hills Fountain—one of the tallest fountains in the world—the town also serves as a gateway to outdoor recreation in the surrounding high desert. It lies roughly 30 miles northeast of downtown Phoenix and just a short drive east of Scottsdale, making it both a peaceful retreat and a convenient home base for exploring central Arizona.

The centerpiece of the community is Fountain Park, a sizable green space that surrounds the celebrated Fountain Hills Fountain. The fountain can send water to a height of about 560 feet, and the surrounding park features walking paths, a small lake, picnic areas, and a charming European-style village with shops and restaurants. The park sits just a few minutes from anywhere in town and hosts community events throughout the year, including a well-known annual art fair that draws visitors from across the region.

Just to the north and east, the McDowell Sonoran Preserve and the adjacent McDowell Mountain Regional Park offer tens of thousands of acres of protected desert landscape for hiking, mountain biking, and horseback riding. Trailheads begin within roughly a ten-minute drive of the town center, providing access to sweeping vistas of the surrounding mountains and valleys. The preserve is among the largest urban wilderness areas in the United States, and visitors often encounter saguaros, desert tortoises, and a surprising variety of Sonoran wildlife.

About twenty minutes east of Fountain Hills, Saguaro Lake, part of the Tonto National Forest system, offers a different kind of escape. The reservoir is popular for boating, kayaking, paddleboarding, and fishing, and its cliff-lined shores are considered some of the most scenic in the Phoenix area. The Salt River, a favorite tubing and wildlife-viewing destination, runs nearby as well, drawing visitors eager to spot wild horses along its banks.

Fountain Hills combines small-town tranquility with easy access to the cultural and recreational riches of the greater Phoenix area. Its scenic setting, mild winter climate, and proximity to both desert wilderness and urban amenities give it a particular appeal for travelers looking to pair a relaxed stay with outdoor adventure. For property owners, this balance translates into a market that draws both seasonal snowbirds and weekend visitors seeking a memorable desert escape.

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