Spokane, WA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Spokane, WA. Based on 10+ datapoints.
Spokane, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.1%
Avg Cash on Cash
-13%
Median Cashflow
-$964/mo
Avg Rent Estimate
$2,825/mo
Avg Price
$443,521
Price Range
$296,600 - $781,300
Rent to Price
0.64%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Spokane, WA
Spokane, 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 10+ analyzed properties, Spokane, WA STR investments show a median monthly cashflow of -$964 with an average estimated nightly-rate-adjusted revenue of $2,825/month. These figures reflect real property data, not projections.
Spokane, WA Airbnb Market Insights
- •Median cashflow is -$964/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Spokane, WA requires selective property picks
- •Premium market with properties from $296,600 to $781,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs