Chicago edges ahead of Clark County Nv on higher occupancy (54% vs 30%), stronger RevPAR (£36 vs £28).
Head-to-head metrics
| Chicago | Clark County Nv | |
|---|---|---|
| Median occupancy | 54% | 30% |
| Median daily rate | £111 | £111 |
| Median RevPAR | £36 | £28 |
| Active listings | 6,086 | 10,947 |
| YoY occupancy | — | -4 pts |
| YoY daily rate | — | -0.7% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Chicago vs Clark County Nv
Chicago finishes decisively ahead of Clark County Nv on our composite of occupancy, revenue per available night and regulation risk — and it is the calendar rather than the price tag doing the work. Chicago sells 24 more points of its calendar — 54% median occupancy against 30% in Clark County Nv. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 25.4% higher in Chicago: £36 against £28. That is not a rounding difference, and it compounds over a hold period.
Chicago takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £111 against £111 — and still fills more of the year, 54% against 30%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £36 against £28.
That verdict needs a caveat, because Clark County Nv is not simply the weaker market of the two. Clark County Nv is the deeper market at 10,947 active listings against 6,086, which usually means better comparables going in and a wider buyer pool coming out. Its strongest submarket, City of Henderson, clears £53 RevPAR on its own — city medians hide that kind of spread. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Chicago nor Clark County Nv currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.
The two calendars also behave differently. Chicago peaks in September at 51.4% and bottoms in February at 25.2%; Clark County Nv runs from 58.5% in August down to 33.7% in December. Both swing by a similar amount across the year, so neither offers meaningfully steadier cash flow than the other.
Who each suits, then. Chicago suits buyers who want a conventional, lightly regulated entry. Clark County Nv answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 2,560 active Chicago listings and 5,656 in Clark County Nv.
Frequently asked questions
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