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 20+ datapoints.
Spokane, WA Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
3.2%
Avg Cash on Cash
-11.2%
Median Cashflow
-$1,106/mo
Avg Rent Estimate
$3,724/mo
Avg Price
$584,946
Price Range
$200,000 - $1,285,000
Rent to Price
0.64%
low ratio
Positive Cashflow
17%
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 3.2%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Spokane, WA STR investments show a median monthly cashflow of -$1,106 with an average estimated nightly-rate-adjusted revenue of $3,724/month. These figures reflect real property data, not projections.
5443 S Quail Ridge Cir, Spokane, WA 99223
Price
$686,700
Rent
$3,284
CachFlow
-$3,486
CoC
-25.79
7302 E Bigelow Gulch Rd, Spokane, WA 99217
Price
$474,600
Rent
$3,194
CachFlow
-$1,226
CoC
-11.9
1226 E Christmas Tree Ln, Spokane, WA 99203
Price
$952,300
Rent
$4,240
CachFlow
-$3,571
CoC
-19.13
Spokane, WA Airbnb Market Insights
- •Median cashflow is -$1,106/month — careful deal selection is essential here
- •3.2% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Spokane, WA requires selective property picks
- •Premium market with properties from $200,000 to $1,285,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs