Get a quote

Get an instant insurance quote

Get an instant quote
search icon
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Close icon

Sorry, we couldn't find ''.

Please check the spelling, try clearing the search box, or try reformatting to match these examples:

Address: 123 Main St San Francisco, CA
Market: Dallas-Fort Worth
Zip: 75204
City: Dallas

Note, if an address wasn't found, it's likely because we only support active listings on the market in our service area or that we haven't yet analyzed data for that home.

Check Out: Kissimmee, Gatlinburg, San Diego
Get an instant quote
search icon
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
search
Item
Locations
90292
Zip Code
Close icon

Sorry, we couldn't find ''.

Please check the spelling, try clearing the search box, or try reformatting to match these examples:

Address: 123 Main St San Francisco, CA
Market: Dallas-Fort Worth
Zip: 75204
City: Dallas

Note, if an address wasn't found, it's likely because we only support active listings on the market in our service area or that we haven't yet analyzed data for that home.

We independently review everything we recommend. When you buy or sign up through our links, we may earn a commission. Learn more
Get Airbnb insurance

Get a free quote and coverage for your investment.Learn more

  • checkmark
    Coverage for Airbnb
  • checkmark
    Save money on your coverage
  • checkmark
    No calls or hassle
Get a Free Quote
Get landlord insurance

Get a free quote and coverage for your investment.Learn more

  • checkmark
    Coverage for rental property
  • checkmark
    Save money on your coverage
  • checkmark
    No calls or hassle
Get a Free Quote
Become a better host and investor in just 5 minutes

Get the daily newsletter that makes learning about real estate investing fun. Stay informed and engaged, for free.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Property Management

Work with an expert agent to find the vacation rental of your dreams. Learn more

Get your rental property managed by the best in the country. Learn more
  • star icon
    4.8 Investor Rating
  • 40 000+ Properties
  • Staring at 5%
Schedule a call
See Top Properties
See Top Properties
Buy a Short Term Rental

Work with an expert agent to find the vacation rental of your dreams. Learn more

Get your Airbnb managed by the best in the industry. Schedule a call
  • checkmarkstar icon
    ️5.0 Customer Rating
  • checkmark
    $30M Sales Volume
  • checkmark
    100K+ Homes Analyzed
Learn more
See Top Properties
See Top Properties

Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
0%
ResourcesseparatorMarket Research for Real Estate Investing

Washington's Top Airbnb Markets

Key takeaways

Washington's Top Airbnb Markets

If you're an Airbnb investor eyeing the Washington state market, your search ends here. In this article, we'll unveil the best Airbnb markets in the Evergreen State, providing insights catered to investors. Whether you're a seasoned pro or new to the game, we've got the information you need to make well-informed investment decisions.

Exploring the top-tier Airbnb markets across the United States has never been easier with Awning's Top Airbnb Market tool. Updated monthly, this comprehensive resource delivers rankings and direct links to the Airbnb data of each market, enabling you to navigate the market with confidence.

Here are the top Airbnb markets in Washington, along with what they're best for in terms of Airbnb investments:

  1. Ashford, WA - Best for gateway to Mount Rainier National Park
  2. Skykomish, WA - Best for riverside retreats and outdoor enthusiasts
  3. Leavenworth, WA - Best for a charming Bavarian getaway
  4. Gold Bar, WA - Best for scenic mountain escapes
  5. Forks, WA - Best for exploring the Olympic Peninsula
  6. Walla Walla, WA - Best for wine tasting and vineyard retreats
  7. Spokane, WA - Best for outdoor adventure enthusiasts
  8. Hoodsport, WA - Best for waterfront serenity and outdoor activities
  9. Long Beach, WA - Best for coastal bliss and beachfront relaxation

1. Ashford, WA

Nestled in the pristine beauty of the Pacific Northwest, Ashford, Washington, beckons investors seeking opportunities in the short-term rental market. Boasting proximity to the majestic Mount Rainier National Park and a soaring demand for vacation rentals, Ashford is a promising landscape for reaping profitable returns. In this comprehensive guide, we will dissect the financial details of this thriving market, reveal the most effective investment strategies, explore what makes this locale irresistible to short-term renters, and identify the ideal investor profile primed for success in this scenic haven.

Financial Insights

Investing in Ashford's Airbnb market presents an enticing opportunity with a substantial ROI of 13%. This translates into an annual revenue of $36,000, making Ashford an attractive destination for astute investors.

  • Average Daily Rate (ADR): With an ADR of $186, Ashford strikes a balance between affordability and revenue generation, catering to a wide range of budgets.
  • Occupancy Rate: Ashford boasts an impressive 71% occupancy rate, signifying robust demand for short-term rentals year-round.
  • Market Size Impact: Ashford features a thriving market with 312 active Airbnb listings, offering opportunities for diversification and specialization.
  • Average Airbnb Price: The average property price of $299,000 provides a spectrum of accommodation options, from cozy cabins to spacious lodges.

Ashford's Natural Wonderland

Ashford's allure for short-term renters stems from its breathtaking natural surroundings and proximity to Mount Rainier National Park:

  • Outdoor Paradise: Guests are drawn to Ashford's access to hiking trails, wildlife, and outdoor activities, creating an alluring retreat for nature enthusiasts.
  • Year-Round Destination: The region's year-round appeal, from summer hikes to winter snowshoeing, ensures a steady influx of guests seeking adventure.
  • Scenic Beauty: Ashford's awe-inspiring landscapes, including pristine forests and mountain vistas, captivate the hearts of travelers seeking tranquility.

Effective Strategies for Success

To excel in Ashford's Airbnb market, consider implementing these strategies:

  1. Nature-Centric Amenities: Enhance your property with nature-centric amenities like outdoor seating, hiking gear, or hot tubs, appealing to guests seeking an immersive natural experience.
  2. Local Adventure Guides: Provide guests with guides to local hiking trails, wildlife spotting tips, and seasonal activities, ensuring they make the most of their stay.
  3. Year-Round Appeal: Market your property as a year-round destination, showcasing its suitability for both summer and winter vacations.
  4. Scenic Photography: Utilize professional photography that captures the beauty of Ashford's natural surroundings to entice potential guests.
  5. Sustainability Initiatives: Implement eco-friendly practices to align with the eco-conscious values of many nature-loving travelers.

The ideal investor for Ashford, WA, is someone who shares a profound love for the great outdoors and a deep appreciation for the splendor of nature. They understand that this region's true appeal lies in its proximity to Mount Rainier National Park and the year-round adventure it offers. An investor in Ashford takes pride in curating a stay that immerses guests in the natural wonderland of the Pacific Northwest. They are attentive to their property's unique offerings, whether it's a cozy cabin with a stunning view or a lodge nestled in the woods.

This investor recognizes that Ashford's magic extends through all seasons, capturing the imagination of travelers throughout the year. They align their investment strategy with this seasonal diversity, catering to both summer adventurers and winter enthusiasts.

Ashford, WA, invites you to become a steward of its natural beauty, offering travelers an opportunity to experience the grandeur of Mount Rainier and the serenity of the Pacific Northwest. Unlock the potential of this thriving Airbnb market and let your investment be a gateway to a world where every sunrise is a spectacle and every mountain trail leads to wonder.

2. Skykomish, WA

Skykomish, Washington, stands as a beacon for savvy investors seeking lucrative opportunities in the short-term rental market. Found amid the grandeur of the Pacific Northwest, this charming small town boasts proximity to renowned ski resorts and outdoor recreation areas, offering a picturesque setting for vacation rentals.

Financial Insights

Investing in Skykomish's Airbnb market offers an enticing ROI of 8%, translating to an annual revenue of $42,000.

  • Average Daily Rate: Skykomish boasts an ADR of $200, striking a balance between providing and revenue generation.
  • Occupancy Rate: An impressive 64% occupancy rate indicates strong demand for short-term rentals year-round, particularly during peak skiing and outdoor recreation seasons.
  • Market Size Impact: Skykomish's small yet vibrant market comprises 87 active Airbnb listings, offering opportunities for specialization and providing a competitive edge.
  • Average Airbnb Price: With an average property price of $432,000, investors can offer a variety of accommodation options, from cozy cabins to spacious mountain lodges.

Skykomish's Alpine Enchantment

Skykomish's allure to short-term renters stems from its enchanting natural surroundings and its proximity to outdoor adventure:

  • Skiing Wonderland: Guests are drawn to Skykomish for its access to world-class ski resorts like Stevens Pass, providing thrilling downhill adventures during the winter months.
  • Outdoor Oasis: The region offers a cornucopia of outdoor activities, from hiking and mountain biking in summer to snowshoeing and snowboarding in winter, ensuring a steady influx of adventurers.
  • Charming Small-Town Vibes: Skykomish's picturesque small-town atmosphere, complete with historic buildings and welcoming locals, creates an idyllic backdrop for a memorable vacation.

Effective Strategies for Success

To excel in Skykomish's Airbnb market, consider implementing these strategies:

  1. Ski-Ready Amenities: Equip your property with ski gear storage, cozy fireplaces, and hot tubs to cater to winter sports enthusiasts.
  2. Adventure Concierge: Offer guests tips and guides for nearby hiking trails, skiing areas, and seasonal activities, ensuring they make the most of their stay.
  3. Seasonal Specials: Promote your property as a year-round destination, showcasing its suitability for both summer and winter vacations.
  4. Stunning Imagery: Use professional photography to showcase the beauty of Skykomish's mountain landscapes, capturing the imagination of potential guests.
  5. Local Experiences: Partner with local guides or adventure companies to offer unique experiences like guided hikes or snowmobile tours.

The ideal investor for Skykomish, WA, is someone who thrives amidst alpine landscapes and yearns to share the magic of mountain living with others. They understand that this region's true allure lies in its proximity to renowned ski resorts and its status as an outdoor playground. An investor in Skykomish is passionate about crafting a stay that immerses guests in the thrill of mountain adventure.

This investor appreciates Skykomish's year-round appeal, catering to both snow-seeking winter enthusiasts and summer mountain explorers. They tailor their investment strategy to capitalize on this seasonal diversity, ensuring their property is equipped and marketed accordingly.

Skykomish, WA, invites you to become a steward of its alpine wonderland, offering travelers an opportunity to experience the exhilaration of mountain sports and the serenity of the Cascades. Unearth the potential of this thriving Airbnb market and let your investment be the gateway to a place where every snowfall is a call to adventure and every sunrise paints the mountains in hues of enchantment.

3. Leavenworth, WA

Leavenworth, WA is an enchanting town that boasts year-round tourism, outdoor recreational activities, and a distinctive Bavarian-style architectural charm that beckons visitors from across the globe. Nestled in the Cascade Mountains, it is a popular destination for outdoor enthusiasts and those seeking a unique cultural experience. With limited hotel options in the area, short-term rentals have become a popular choice for visitors, making it an attractive market for Airbnb investors.  

Financial Insights

Leavenworth's Airbnb market promises substantial returns, with an attractive ROI of 7%. This translates into an impressive annual revenue of $46,000, making Leavenworth a captivating destination for savvy investors.

  • Average Daily Rate: Leavenworth strikes a balance between offering premium experiences and affordability, with an ADR of $249. While it caters to travelers seeking exceptional stays, investors should consider pricing strategies that align with this rate.
  • Occupancy Rate: Leavenworth shines with an impressive 65% occupancy rate, reflecting robust demand for short-term rentals throughout the year.
  • Market Size Impact: Leavenworth boasts a flourishing market with 1,373 active Airbnb listings. While this signals the town's popularity, it also highlights the importance of differentiation and exceptional guest experiences.
  • Average Airbnb Price: While the average property price of $702,000 represents a higher investment, it aligns with Leavenworth's premium offerings, attracting travelers seeking elevated experiences.

Leavenworth's Bavarian Charm and Alpine Adventures

Leavenworth's allure for short-term renters emanates from its distinctive charm and abundant opportunities for outdoor recreation:

  • Bavarian Wonderland: The town's Bavarian-style architecture creates an immersive cultural experience, making guests feel as if they've stepped into a European village.
  • Year-Round Activities: Leavenworth's location in the Cascade Mountains provides guests with endless possibilities, from skiing and snowshoeing in the winter to hiking and river rafting in the summer.
  • Festivals and Events: The town hosts a calendar full of festivals, including Oktoberfest and the Christmas Lighting Festival, ensuring a vibrant atmosphere year-round.

Effective Strategies for Success

To excel in Leavenworth's Airbnb market, consider these effective strategies:

  1. Themed Decor: Embrace the Bavarian theme in your property's decor, offering guests an immersive experience from the moment they step inside.
  2. Year-Round Marketing: Promote your property as a year-round destination, showcasing activities and events for all seasons.
  3. Event Packages: Offer special packages tied to local festivals and events, enhancing the guest experience.
  4. Local Partnerships: Collaborate with nearby businesses, such as restaurants and adventure outfitters, to provide guests with exclusive discounts and recommendations.
  5. Exceptional Photography: Utilize professional photography to capture both the charm of your property and the natural beauty of Leavenworth.

The ideal investor for Leavenworth, WA, is someone who appreciates the town's Bavarian allure and Alpine adventures. They understand that Leavenworth's true charm lies in its year-round appeal, where every season brings a new opportunity for adventure and cultural immersion.

This investor recognizes the value of creating a unique experience for guests, offering them not just a place to stay, but a journey into the heart of Bavaria amid the majesty of the Cascade Mountains. Their investment strategy is finely tuned to capitalize on Leavenworth's seasonal diversity, offering cozy winter escapes and sun-drenched summer getaways.

4. Gold Bar, WA

Gold Bar, Washington, stands as a golden opportunity for investors seeking a profitable Airbnb market. Nestled amidst the lush wilderness of the Pacific Northwest, this charming town boasts proximity to outdoor recreational havens like Wallace Falls State Park and the Skykomish River. These natural wonders draw a continuous influx of tourists throughout the year, making Gold Bar an enticing destination for those looking to maximize their investments.

Financial Insights

Gold Bar's Airbnb market promises enticing returns, featuring a commendable ROI of 9%. This translates into an annual revenue of $42,000, a compelling prospect for savvy investors.

  • Average Daily Rate: Gold Bar strikes a balance between offering value and quality, with an ADR of $224. This attractive rate appeals to budget-conscious travelers while still ensuring profitability for investors.
  • Occupancy Rate: Gold Bar boasts an impressive 71% occupancy rate, a testament to the town's allure among outdoor enthusiasts. This high demand underscores the town's status as an attractive Airbnb investment destination.
  • Market Size Impact: Gold Bar features a manageable market with 126 active Airbnb listings. While this indicates a favorable balance between supply and demand, investors should maintain property quality and customer satisfaction to excel.
  • Average Airbnb Price: The average property price in Gold Bar is $443,000, offering investors the potential for lucrative returns. However, entry into this segment should be carefully evaluated in alignment with individual financial considerations.

Gold Bar's Gateway to Wilderness Exploration

Gold Bar's allure for short-term renters emanates from its unique position as a gateway to outdoor adventures:

  • Proximity to Natural Wonders: Wallace Falls State Park and the Skykomish River provide a wealth of recreational activities, from hiking and fishing to white-water rafting and scenic exploration.
  • Year-Round Outdoor Paradise: Gold Bar's offerings span all seasons, with winter bringing opportunities for snowshoeing and cross-country skiing in the nearby mountains.
  • Rustic Charm: The town's rustic charm and friendly community atmosphere create a welcoming environment for visitors seeking an escape from urban life.

Effective Strategies for Success

To excel in Gold Bar's Airbnb market, consider these effective strategies:

  1. Highlight Outdoor Amenities: Emphasize the proximity of your property to outdoor attractions, such as hiking trails and fishing spots.
  2. Seasonal Promotion: Tailor your marketing efforts to align with the seasons, showcasing activities and events unique to each time of year.
  3. Adventure Packages: Create packages that include guided outdoor adventures, catering to guests seeking guided experiences in the area.
  4. Cozy Retreat: Ensure your property offers a cozy retreat after a day of outdoor activities, with amenities like a fireplace and comfortable furnishings.
  5. Local Partnerships: Collaborate with local adventure outfitters and businesses to offer guests exclusive deals and recommendations.

The ideal investor for Gold Bar, WA, is someone who appreciates the town's unique position as a gateway to pristine wilderness. They understand that Gold Bar's true charm lies in its year-round outdoor adventures, offering guests a taste of the Pacific Northwest's natural wonders.

This investor recognizes the value of blending affordability with quality, offering travelers an accessible yet memorable experience. Their investment strategy capitalizes on Gold Bar's allure as a year-round outdoor paradise, where every season opens new doors to exploration and adventure.

5. Forks, WA

Forks, Washington is a premier destination for investors seeking a lucrative Airbnb rental market. Situated in the heart of the Pacific Northwest, this town enjoys close proximity to the pristine landscapes of Olympic National Park. Additionally, the worldwide fascination with the Twilight book and movie series has significantly boosted tourism in the area.

Financial Insights

Forks' Airbnb market presents an enticing ROI of 10%, translating to an annual revenue of $23,000.

  • Average Daily Rate: With an ADR of $135, Forks offers an affordable yet compelling option for budget-conscious travelers. This balance between cost and quality enhances the town's appeal.
  • Occupancy Rate: Forks boasts an impressive 64% occupancy rate, a testament to its popularity among tourists and outdoor enthusiasts. This high demand underlines Forks as a sought-after Airbnb investment locale.
  • Market Size Impact: The town features a manageable market with 326 active Airbnb listings. This equilibrium between supply and demand provides opportunities for investors to thrive while emphasizing the importance of maintaining property quality.
  • Average Airbnb Price: The average property price in Forks stands at $250,000. This reflects the potential for attractive returns, making Forks a viable choice for investors.

Forks' Blend of Nature and Pop Culture Magic

Forks' unique charm lies in its fusion of natural beauty and pop culture allure:

  • Proximity to Natural Wonders: Olympic National Park surrounds Forks, offering a wealth of outdoor activities, from hiking and wildlife viewing to exploring ancient rainforests and pristine coastlines.
  • Twilight Tourism: The Twilight series, set in Forks, has drawn fans from around the world, eager to visit iconic locations mentioned in the books and films.
  • Year-Round Beauty: Forks' lush landscapes, punctuated by the Hoh Rainforest and dramatic coastal vistas, attract visitors in every season, ensuring a steady stream of potential guests.

Effective Strategies for Success

To succeed in Forks' Airbnb market, consider these effective strategies:

  1. Twilight-Themed Offerings: Capitalize on the Twilight phenomenon by offering themed experiences and guided tours to popular locations from the series.
  2. Outdoor Adventure Packages: Leverage Forks' proximity to Olympic National Park by providing packages that include guided hikes, wildlife tours, and outdoor adventures.
  3. Rainforest Retreats: Emphasize the unique opportunity to stay amidst the rainforests of Olympic National Park, highlighting the tranquility and natural beauty.
  4. Local Partnerships: Collaborate with local businesses to offer guests exclusive deals on guided tours, dining, and Twilight-themed experiences.
  5. Cozy Retreats: Ensure your property offers a cozy haven, complete with comfortable furnishings, outdoor seating, and perhaps a hot tub for relaxation after a day of exploration.

The ideal investor for Forks, WA, recognizes the town's dual appeal as both a gateway to pristine wilderness and a pilgrimage site for Twilight enthusiasts. They understand that Forks' charm lies in its fusion of natural beauty and pop culture allure.

This investor embraces the concept of affordability, offering budget-friendly yet memorable experiences to travelers. They see the potential in crafting packages that blend outdoor adventures with Twilight-themed excursions, catering to a diverse range of interests.

Forks, WA, invites you to be a part of its captivating narrative, where the magic of the Pacific Northwest's wilderness meets the enchantment of beloved literary and cinematic tales. Explore the promise of Forks, where nature and pop culture converge, and let your investment become the bridge between the mesmerizing landscapes of Olympic National Park and the imaginations of Twilight fans worldwide.

6. Walla Walla, WA

Walla Walla, Washington, emerges as a promising hotspot for investors venturing into the short-term rental market. This charming city, located in the heart of the Pacific Northwest, has been steadily gaining recognition for its burgeoning wine industry and its status as a tourist destination, attracting outdoor enthusiasts eager to explore its scenic landscapes.

Financial Insights

Walla Walla's Airbnb market presents an enticing ROI of 8%, translating to an annual revenue of $37,000.

  • Average Daily Rate: Walla Walla boasts an ADR of $246, making it an attractive option for travelers seeking quality accommodations at a reasonable cost.
  • Occupancy Rate: The city maintains a solid 54% occupancy rate, indicating consistent demand for short-term rentals, particularly among wine enthusiasts and outdoor adventurers.
  • Market Size Impact: With 396 active Airbnb listings, Walla Walla offers a competitive yet manageable market size. This signifies a healthy balance between supply and demand, providing investors with opportunities to thrive.
  • Average Airbnb Price: The average property price in Walla Walla stands at $479,000, underlining the potential for lucrative returns on investment.

Walla Walla's Blend of Wine Culture and Outdoor Adventures

Walla Walla's allure lies in its unique blend of wine culture and outdoor recreation:

  • Wine Country Paradise: Walla Walla has earned acclaim as a premier wine destination, with over 100 wineries dotting the picturesque landscape. Wine enthusiasts flock to the city to savor exquisite vintages.
  • Outdoor Exploration: The surrounding region boasts opportunities for hiking, biking, and exploring lush vineyards, making Walla Walla a versatile destination for outdoor enthusiasts.
  • Cultural Charm: The city features a charming downtown area brimming with boutiques, galleries, and restaurants, offering guests a delightful blend of culture and cuisine.

Effective Strategies for Success

To thrive in Walla Walla's Airbnb market, consider these effective strategies:

  1. Wine Experiences: Cater to wine enthusiasts by offering wine-tasting packages, vineyard tours, and partnerships with local wineries.
  2. Outdoor Adventure Packages: Promote packages that combine accommodations with outdoor activities, such as guided hikes through the region's scenic landscapes.
  3. Culinary Delights: Collaborate with local restaurants and chefs to offer exclusive dining experiences, wine and food pairings, or cooking classes.
  4. Seasonal Themes: Tailor your offerings to the seasons, highlighting events like harvest festivals in the fall and outdoor concerts in the summer.
  5. Welcoming Ambiance: Ensure your property reflects the region's warm and welcoming atmosphere, perhaps with a cozy fireplace or outdoor seating area to enjoy wine under the stars.

The ideal investor for Walla Walla, WA, recognizes the city's dual appeal as a wine lover's paradise and an outdoor adventurer's dream. They understand the importance of offering quality accommodations at a reasonable cost, catering to travelers with diverse interests and budgets.

This investor is passionate about wine culture and is willing to foster relationships with local wineries to provide guests with unique wine-related experiences. They also appreciate the value of partnerships with local businesses to enhance their guests' overall stay.

Walla Walla, WA, invites you to become part of its compelling narrative, where the art of winemaking converges with the beauty of the Pacific Northwest's outdoor landscapes. Explore the promise of Walla Walla, where wine aficionados and outdoor adventurers alike find their ideal retreat, and let your investment be the bridge between the vineyards and the scenic beauty of this unique destination.

7. Spokane, WA

Spokane, Washington, emerges as a burgeoning market for astute investors seeking short-term rental prosperity. Nestled in the heart of the Pacific Northwest, this vibrant city boasts a growing tourism industry and affordable real estate prices, paving the way for lucrative opportunities. The city is home to several universities, hospitals, and major corporations, making it a hub for business travelers. Additionally, Spokane offers a variety of outdoor activities such as skiing, hiking, and fishing, attracting leisure travelers year-round.

With a median home price of $300,000, investors can purchase a property at a reasonable price and generate significant income through short-term rentals.

Financial Insights

Here are the financial details about Spokane's burgeoning Airbnb market, characterized by a 5% ROI and an annual revenue of $16,000:

  • Average Daily Rate: Spokane maintains an approachable ADR of $100, making it an attractive option for travelers with varied budgets.
  • Occupancy Rate: The city boasts an impressive 68% occupancy rate, reflecting consistent demand for short-term rentals year-round.
  • Market Size Impact: With 1,180 active Airbnb listings, Spokane offers investors a substantial market size, signaling a thriving short-term rental industry.
  • Average Airbnb Price: The average property price in Spokane stands at $408,000, suggesting a favorable environment for substantial returns on investment.

Spokane's Allure: Beyond the Numbers

Spokane's charm is a harmonious blend of natural beauty and cultural attractions:

  • Riverfront Park: This urban oasis, situated along the Spokane River, offers scenic strolls, gondola rides, and family-friendly amusements.
  • Outdoor Recreation: The city is a haven for outdoor enthusiasts, with opportunities for hiking, biking, and water sports in the nearby mountains and lakes.
  • Cultural Events: Spokane's vibrant cultural scene, including music festivals, art galleries, and theaters, ensures a year-round flow of visitors.
  • Affordability: Travelers appreciate Spokane's affordability compared to other Pacific Northwest destinations, attracting budget-conscious guests.

Effective Strategies for Success

To flourish in Spokane's Airbnb market, consider implementing these strategic moves:

  1. Local Experiences: Partner with local businesses to provide guests with authentic Spokane experiences, like brewery tours, outdoor excursions, or guided city walks.
  2. Flexible Accommodations: Offer accommodations suitable for solo travelers, couples, families, and larger groups, ensuring your property caters to a diverse audience.
  3. Year-Round Appeal: Emphasize your property's attractions in all seasons, whether it's winter sports, spring blossoms, or summer festivals.
  4. Outdoor Amenities: Highlight outdoor amenities like patios, gardens, or barbecue areas, enticing guests to savor Spokane's natural beauty.
  5. Convenient Location: Properties close to downtown, attractions, or major event venues can command higher rates and occupancy.

The ideal Spokane investor recognizes the city's unique appeal as a budget-friendly destination brimming with outdoor adventures and cultural experiences. They understand the importance of flexible accommodations and have a knack for curating unforgettable local experiences for their guests.

This investor possesses adaptability, effortlessly catering to solo travelers, couples, families, and groups. They leverage Spokane's year-round attractions and affordability to maintain consistent bookings. Moreover, they appreciate the significance of strategic property location, optimizing convenience for guests exploring the city.

In Spokane, Washington, your investment journey unfolds against a backdrop of scenic beauty and cultural riches. The city's embrace of outdoor enthusiasts, culture connoisseurs, and budget-conscious travelers creates a diverse landscape ripe for short-term rental success. Whether it's strolling through Riverfront Park, savoring local brews, or relishing outdoor adventures, Spokane's allure ensures an unforgettable experience for every guest.

8. Hoodsport, WA

Hoodsport, Washington stands as a lucrative haven for investors eyeing the short-term rental market. Nestled amidst the stunning natural beauty of Olympic National Park and the captivating allure of the Hood Canal, this charming locale beckons outdoor enthusiasts and sightseers alike.

Financial Insights

Hoodsport's Airbnb market boasts an enticing ROI of 7%, equating to an annual revenue of $26,000.

  • Average Daily Rate: Hoodsport maintains a competitive ADR of $166, making it an appealing destination for travelers seeking affordable yet comfortable accommodations.
  • Occupancy Rate: The city sustains a robust 57% occupancy rate, signifying consistent demand for short-term rentals throughout the year, particularly from outdoor enthusiasts and nature admirers.
  • Market Size Impact: Hoodsport boasts 121 active Airbnb listings, offering a balanced market size. This allows investors to operate within a competitive yet manageable landscape, ensuring opportunities for success.
  • Average Airbnb Price: The average property price in Hoodsport stands at $339,000.

Nature's Playground in Hoodsport, WA

Hoodsport's allure lies in its natural beauty and outdoor adventures:

  • Olympic National Park: Located nearby, this national park boasts diverse ecosystems, pristine forests, and scenic vistas. Visitors flock here for hiking, wildlife viewing, and exploring the rugged terrain.
  • Hood Canal: This fjord-like waterway offers opportunities for kayaking, fishing, and water-based recreation. It's a serene setting for those seeking relaxation and aquatic adventures.
  • Scenic Beauty: Hoodsport's location along the Hood Canal provides stunning waterfront views, making it an idyllic destination for nature enthusiasts and photographers.

Effective Strategies for Success

To excel in Hoodsport's Airbnb market, consider these effective strategies:

  1. Nature-Centric Packages: Offer packages that include guided hikes, kayak rentals, or wildlife tours to capitalize on the area's natural attractions.
  2. Seasonal Promotions: Tailor your listings to seasonal activities. Promote winter getaways with cozy amenities and summer adventures with waterfront access.
  3. Local Partnerships: Collaborate with local businesses to provide discounts or exclusive offers to your guests, enhancing their overall experience.
  4. Scenic Amenities: Highlight waterfront or forest views and provide outdoor seating areas where guests can savor the picturesque surroundings.
  5. Pet-Friendly Options: Consider accommodating pet owners, as outdoor destinations often attract travelers with furry companions.

The ideal investor for Hoodsport, WA, recognizes the intrinsic value of its natural surroundings. They appreciate the appeal of affordable yet comfortable accommodations, catering to travelers with varying budgets who seek the serenity of nature.

This investor has a deep affinity for outdoor adventures and understands the importance of curating experiences that allow guests to immerse themselves in the region's natural beauty. They are willing to forge partnerships with local tour operators, guides, and equipment rental companies to provide guests with unforgettable outdoor experiences.

Hoodsport, WA, invites you to embark on a journey where nature's beauty takes center stage. Explore the promise of this scenic haven, where Olympic National Park and the Hood Canal provide the backdrop for unforgettable getaways. Let your investment be the gateway to unforgettable outdoor adventures and serene waterfront vistas in this tranquil nature lover's paradise.

9. Long Beach, WA

Long Beach, Washington, emerges as a promising market for savvy investors seeking short-term rental success. Located along the picturesque Pacific coastline, this scenic destination lures travelers with its beautiful beaches, popular tourist attractions, and a burgeoning demand for vacation rentals.

Financial Insights

Long Beach presents an attractive ROI of 7%, translating to an annual revenue of $27,000.

  • Average Daily Rate: Long Beach maintains a competitive ADR of $175, catering to a range of budgets and making it an accessible destination for travelers.
  • Occupancy Rate: The city boasts a robust 62% occupancy rate, signifying consistent demand for short-term rentals, particularly during peak vacation seasons.
  • Market Size Impact: With 138 active Airbnb listings, Long Beach offers a balanced market size, providing investors with a competitive yet manageable landscape.
  • Average Airbnb Price: The average property price in Long Beach stands at $382,000, indicating the potential for substantial returns on investment.

Coastal Charm and Beyond in Long Beach, WA

Long Beach's allure is a blend of natural beauty and tourist attractions:

  • Spectacular Beaches: The city is renowned for its pristine, sandy shores, drawing sun-seekers, beachcombers, and water enthusiasts year-round.
  • Lewis and Clark National Historic Park: This historic site commemorates the famous explorers' journey and offers educational experiences for history buffs.
  • World Kite Museum: A unique attraction celebrating the art of kite flying, capturing the imagination of visitors, especially families.
  • Festivals and Events: Long Beach hosts a variety of events and festivals, ensuring a steady stream of tourists throughout the year.

Effective Strategies for Success

To excel in Long Beach's Airbnb market, consider implementing these effective strategies:

  1. Seasonal Appeal: Tailor your rental to different seasons. Highlight summer beach access and winter coziness with fireplaces and hot tubs.
  2. Pet-Friendly Options: Recognize the popularity of pet-friendly travel. Offering accommodations for furry friends can be a significant draw.
  3. Family-Friendly Features: Cater to families by providing amenities such as games, a well-equipped kitchen, and proximity to family-friendly attractions.
  4. Local Experience Packages: Collaborate with local businesses to offer guests unique experiences, like surf lessons, seafood tastings, or horseback riding.
  5. Beachfront Amenities: If applicable, emphasize beachfront access, outdoor seating, and panoramic views to captivate guests seeking coastal serenity.

The ideal investor for Long Beach, WA, appreciates the unique blend of natural beauty and tourist attractions that define this coastal destination. They recognize the value of offering accommodations at various price points, ensuring accessibility to a broad range of travelers.

This investor understands the significance of flexibility, adeptly catering to families, pet owners, and adventure seekers. They possess an entrepreneurial spirit, forging partnerships with local businesses to enhance their guests' experiences and capitalize on the city's diverse offerings.

In Long Beach, Washington, let your investment ride the wave of opportunity. With its stunning beaches, vibrant events, and rich history, this coastal gem invites travelers from all walks of life. By curating unforgettable stays and embracing the coastal charm, you can ensure that every guest's visit is as enchanting as the seaside itself.

Bottom Line

In conclusion, Washington presents a range of enticing Airbnb markets for investors, each with its unique appeal. Whether you're drawn to the urban vibrancy of Spokane or the charming Bavarian atmosphere of Leavenworth, there's something for every Airbnb investor in the Evergreen State. Before making your investment, conduct thorough research, understand local regulations, and tap into local expertise for a successful and rewarding venture.

Airbnb Management Company
Listings
Average Review Score
[Property manager name]
555
4.5
stars light
stars dark
RECOMMENDED
Awning Property Management
Learn More

Become a better host and investor in just 5 minutes

Get the daily newsletter that makes learning about real estate investing fun. Stay informed and engaged, for free.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.