Olympia, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Olympia, WA. Based on 20+ datapoints.
Olympia, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-12.4%
Median Cashflow
-$1,266/mo
Avg Rent Estimate
$3,796/mo
Avg Price
$545,850
Price Range
$335,000 - $882,100
Rent to Price
0.7%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Olympia, WA
Olympia, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.6%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Olympia, WA STR investments show a median monthly cashflow of -$1,266 with an average estimated nightly-rate-adjusted revenue of $3,796/month. These figures reflect real property data, not projections.
642 Hidden Forest Drive SE, Olympia, WA 98513
Price
$466,600
Rent
$3,867
CachFlow
-$531
CoC
-5.49
7137 Highlands Drive NE, Olympia, WA 98516
Price
$778,600
Rent
$3,572
CachFlow
-$2,698
CoC
-17.84
4414 Goldcrest Drive NW, Olympia, WA 98502
Price
$586,400
Rent
$4,031
CachFlow
-$1,500
CoC
-12.75
1917 Allegro Drive SE, Olympia, WA 98501
Price
$1,043,500
Rent
$3,419
CachFlow
-$4,428
CoC
-22.41
Olympia, WA Airbnb Market Insights
- •Median cashflow is -$1,266/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Olympia, WA requires selective property picks
- •Premium market with properties from $335,000 to $882,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs