REI Lense

REI Lense

Ellensburg, WA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Ellensburg, WA. Based on 500+ datapoints.

Ellensburg, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 500+ short-term rental / airbnb datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-8.3%

Median Cashflow

-$649/mo

Avg Rent Estimate

$3,885/mo

Avg Price

$493,421

Price Range

$27,400 - $1,040,000

Rent to Price

0.79%

okay ratio

Positive Cashflow

12%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Ellensburg, WA

Ellensburg, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.2%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 500+ analyzed properties, Ellensburg, WA STR investments show a median monthly cashflow of -$649 with an average estimated nightly-rate-adjusted revenue of $3,885/month. These figures reflect real property data, not projections.

1 XX Fairview Road, Ellensburg, WA 98926

Price

$165,000

Rent

$5,222

CachFlow

$1,685

CoC

58.35

Full Analysis

120 Hazel Lane, Ellensburg, WA 98926

Price

$687,400

Rent

$4,135

CachFlow

-$1,842

CoC

-13.13

Full Analysis

2511 Upper Green Canyon Rd, Ellensburg, WA 98926

Price

$686,000

Rent

$3,976

CachFlow

-$1,955

CoC

-14.48

Full Analysis

505 E Chason Avenue, Ellensburg, WA 98926

Price

$679,000

Rent

$5,104

CachFlow

-$982

CoC

-7.07

Full Analysis

1331 High Ranch Road, Ellensburg, WA 98926

Price

$670,000

Rent

$1,923

CachFlow

-$3,052

CoC

-23.98

Full Analysis
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Ellensburg, WA Airbnb Market Insights

  • Median cashflow is -$649/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 12% positive cashflow rate, Ellensburg, WA requires selective property picks
  • Premium market with properties from $27,400 to $1,040,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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