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

-15.4%

Median Cashflow

-$2,152/mo

Avg Rent Estimate

$5,086/mo

Avg Price

$949,228

Price Range

$79,500 - $2,038,500

Rent to Price

0.54%

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 2.6%, 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 -$2,152 with an average estimated nightly-rate-adjusted revenue of $5,086/month. These figures reflect real property data, not projections.

5637 Beach Drive SW, Seattle, WA 98136

Price

$2,181,900

Rent

$5,061

CachFlow

-$10,528

CoC

-26.53

Full Analysis

4563 33rd Avenue S, Seattle, WA 98118

Price

$607,600

Rent

$6,548

CachFlow

-$179

CoC

-1.36

Full Analysis

9251 N Ashworth Avenue N, Seattle, WA 98103

Price

$1,351,600

Rent

$13,712

CachFlow

-$1,053

CoC

-3.55

Full Analysis

14418 26th Court S, Seattle, WA 98168

Price

$699,900

Rent

$3,319

CachFlow

-$2,526

CoC

-18.37

Full Analysis

6211 Carleton Avenue S, Seattle, WA 98108

Price

$665,000

Rent

$4,439

CachFlow

-$1,789

CoC

-13.62

Full Analysis
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Seattle, WA Airbnb Market Insights

  • Median cashflow is -$2,152/month — careful deal selection is essential here
  • 2.6% 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 $79,500 to $2,038,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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