REI Lense

REI Lense

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

3.3%

Avg Cash on Cash

-13.5%

Median Cashflow

-$951/mo

Avg Rent Estimate

$2,806/mo

Avg Price

$432,210

Price Range

$326,300 - $623,000

Rent to Price

0.65%

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 3.3%, the mid-to-upper tier 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 -$951 with an average estimated nightly-rate-adjusted revenue of $2,806/month. These figures reflect real property data, not projections.

14016 E Broadway Ave, Spokane, WA 99216

Price

$344,500

Rent

$2,333

CachFlow

-$933

CoC

-12.39

Full Analysis

11916 N Lisa Ln, Spokane, WA 99218

Price

$594,400

Rent

$4,356

CachFlow

-$1,385

CoC

-11.64

Full Analysis

9313 W Foxtail Ln, Spokane, WA 99224

Price

$435,300

Rent

$1,596

CachFlow

-$2,011

CoC

-22.06

Full Analysis

11421 S Elk Run Ln, Spokane, WA 99224

Price

$623,000

Rent

$4,136

CachFlow

-$2,348

CoC

-18.93

Full Analysis

7511 N Magnolia Ct, Spokane, WA 99217

Price

$379,900

Rent

$3,071

CachFlow

-$718

CoC

-8.81

Full Analysis
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Spokane, WA Airbnb Market Insights

  • Median cashflow is -$951/month — careful deal selection is essential here
  • 3.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Spokane, WA requires selective property picks
  • Mid-to-upper tier market with properties from $326,300 to $623,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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