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 200+ datapoints.

Seattle, WA Short-Term Rental / Airbnb Investment Snapshot

Based on 200+ short-term rental / airbnb datapoints

Median Cap Rate

2.6%

Avg Cash on Cash

-14.8%

Median Cashflow

-$2,121/mo

Avg Rent Estimate

$4,358/mo

Avg Price

$717,051

Price Range

$270,500 - $1,308,400

Rent to Price

0.61%

low ratio

Positive Cashflow

0%

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 2.6%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 200+ analyzed properties, Seattle, WA STR investments show a median monthly cashflow of -$2,121 with an average estimated nightly-rate-adjusted revenue of $4,358/month. These figures reflect real property data, not projections.

5163 S Augusta Street, Seattle, WA 98178

Price

$629,000

Rent

$2,629

CachFlow

-$2,498

CoC

-19.2

Full Analysis

5332 S Wallace Street, Seattle, WA 98178

Price

$569,000

Rent

$2,244

CachFlow

-$2,230

CoC

-19.46

Full Analysis

9656 Beacon Avenue S, Seattle, WA 98118

Price

$705,000

Rent

$3,762

CachFlow

-$2,380

CoC

-16.6

Full Analysis

3638 Courtland Place S #B, Seattle, WA 98144

Price

$639,000

Rent

$2,666

CachFlow

-$2,452

CoC

-20.13

Full Analysis

8045 19th Avenue NE, Seattle, WA 98115

Price

$670,100

Rent

$4,027

CachFlow

-$1,597

CoC

-12.07

Full Analysis
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Seattle, WA Airbnb Market Insights

  • Median cashflow is -$2,121/month — careful deal selection is essential here
  • 2.6% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Seattle, WA requires selective property picks
  • Premium market with properties from $270,500 to $1,308,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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