Short-term rentals (STRs), known locally as vacation rentals, are legal in Las Vegas but come with specific regulations overseen by the City of Las Vegas and Clark County. These rentals must be owner-occupied properties, limited to three bedrooms or less, and situated at least 660 feet from another STR to comply with local zoning laws. The STR market predominantly caters to tourists due to Las Vegas's status as a major entertainment hub, with properties thriving in high-demand areas such as the Las Vegas Strip and downtown, where event-driven traffic significantly boosts occupancy rates. The business environment favors urban settings and well-located homes, positioning longer-term rentals as less competitive for STR purposes. The primary regulatory authority is the City of Las Vegas through its Planning and Zoning Division, with significant resources available for prospective operators, including noise monitoring and safety compliance requirements. For further details, you can visit the official sites: Las Vegas Short-Term Rentals and Clark County Short-Term Rentals.