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 30+ datapoints.
Olympia, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 30+ short-term rental / airbnb datapoints
Median Cap Rate
3.1%
Avg Cash on Cash
-13.3%
Median Cashflow
-$1,301/mo
Avg Rent Estimate
$3,840/mo
Avg Price
$609,529
Price Range
$335,000 - $1,043,500
Rent to Price
0.63%
low ratio
Positive Cashflow
3%
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 3.1%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 30+ analyzed properties, Olympia, WA STR investments show a median monthly cashflow of -$1,301 with an average estimated nightly-rate-adjusted revenue of $3,840/month. These figures reflect real property data, not projections.
7621 Ostrander Court SE, Olympia, WA 98501
Price
$927,900
Rent
$3,534
CachFlow
-$3,844
CoC
-21.67
3929 Hoffman Court SE, Olympia, WA 98501
Price
$591,400
Rent
$3,684
CachFlow
-$1,681
CoC
-14.19
3800 Long Lake Drive SE, Olympia, WA 98503
Price
$1,595,300
Rent
$5,031
CachFlow
-$6,802
CoC
-23.12
Olympia, WA Airbnb Market Insights
- •Median cashflow is -$1,301/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Olympia, WA requires selective property picks
- •Premium market with properties from $335,000 to $1,043,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs