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
3.8%
Avg Cash on Cash
-8.6%
Median Cashflow
-$987/mo
Avg Rent Estimate
$3,933/mo
Avg Price
$496,727
Price Range
$200,000 - $879,900
Rent to Price
0.79%
okay ratio
Positive Cashflow
22%
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 3.8%, 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 -$987 with an average estimated nightly-rate-adjusted revenue of $3,933/month. These figures reflect real property data, not projections.
1226 E Christmas Tree Ln, Spokane, WA 99203
Price
$952,300
Rent
$4,240
CachFlow
-$3,571
CoC
-19.13
7302 E Bigelow Gulch Rd, Spokane, WA 99217
Price
$474,600
Rent
$3,194
CachFlow
-$1,226
CoC
-11.9
Spokane, WA Airbnb Market Insights
- •Median cashflow is -$987/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 22% positive cashflow rate, Spokane, WA requires selective property picks
- •Premium market with properties from $200,000 to $879,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs