REI Lense

REI Lense

Seattle, WA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Seattle, WA. Based on 150+ datapoints.

Seattle, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 150+ short-term rental / airbnb datapoints

Median Cap Rate

2.9%

Avg Cash on Cash

-12.4%

Median Cashflow

-$1,818/mo

Avg Rent Estimate

$4,513/mo

Avg Price

$698,019

Price Range

$475,000 - $950,000

Rent to Price

0.65%

low ratio

Positive Cashflow

5%

of analyzed properties

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

Seattle, WA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 2.9%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 150+ analyzed properties, Seattle, WA STR investments show a median monthly cashflow of -$1,818 with an average estimated nightly-rate-adjusted revenue of $4,513/month. These figures reflect real property data, not projections.

7341 21st Avenue NE #B, Seattle, WA 98115

Price

$1,199,000

Rent

$6,248

CachFlow

-$4,186

CoC

-18.62

Full Analysis

6317 Beach Drive SW, Seattle, WA 98136

Price

$1,250,000

Rent

$3,553

CachFlow

-$6,306

CoC

-27.57

Full Analysis

2009 E John Street, Seattle, WA 98112

Price

$1,135,800

Rent

$5,145

CachFlow

-$4,231

CoC

-19.79

Full Analysis

11437 Cornell Avenue S, Seattle, WA 98178

Price

$497,000

Rent

$4,463

CachFlow

-$793

CoC

-7.78

Full Analysis

907 NW 61st Street, Seattle, WA 98107

Price

$944,800

Rent

$5,525

CachFlow

-$3,056

CoC

-16.95

Full Analysis

Seattle, WA Airbnb Market Insights

  • Median cashflow is -$1,818/month — careful deal selection is essential here
  • 2.9% median cap rate is typical of appreciation-focused markets
  • At 5% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $475,000 to $950,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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