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%
Avg Cash on Cash
-13.6%
Median Cashflow
-$1,204/mo
Avg Rent Estimate
$2,931/mo
Avg Price
$493,552
Price Range
$296,600 - $871,500
Rent to Price
0.59%
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%, 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 -$1,204 with an average estimated nightly-rate-adjusted revenue of $2,931/month. These figures reflect real property data, not projections.
Spokane, WA Airbnb Market Insights
- •Median cashflow is -$1,204/month — careful deal selection is essential here
- •3% 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 $871,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs