STR Market Report
Seattle, WA
Washington • Short-Term Rental Market
Key Market Metrics
43%
Entire-home, active listings
Occupancy Rate
~13 nights booked per month on average
$157
Median, entire-home
Avg Nightly Rate
Typical price per night charged by whole-home hosts in this market
4,537
Had a review in past 12 mo
Active Listings
Whole-home Airbnbs with at least 1 recent guest review — active supply
$2,025
~13 booked nights / month
Est. Monthly Revenue
Directional gross booking revenue estimate before fees, expenses, and seasonality shifts
Restricted
Heavy restrictions — often limited to owner-occupied primary residences or capped permits
Regulatory Risk
Quick Investor Read
Higher-risk setup due to weaker demand, pricing constraints, or regulation. Underwrite conservatively.
Market Dynamics
2 nights
Typical host minimum
Median Min Stay
Most common minimum booking length. Short = weekenders welcome. Long (7+ nights) = weekly guests only.
30%
Hosts with 5+ listings
Pro Host Rate
Significant investor presence — you'll compete with experienced multi-property operators
2.3/mo
Median reviews per month
Booking Velocity
How quickly typical listings earn new reviews — a proxy for how often properties get booked. Higher = stronger demand.
91%
Have a permit on file
Licensed Listings
High compliance rate — regulations are actively enforced here. Budget for permitting before listing.
🏖️ Demand Seasonality: Summer peak
Peak demand June–August; shoulder spring/fall; lower winter occupancy
Market Overview
Seattle, Washington offers STR operators a high-ADR urban market with consistent year-round demand from tech industry visitors, Amazon/Microsoft corporate relocation, and Pacific Northwest tourism. The city requires a licensed STR permit and limits operations, which has kept supply constrained in core neighborhoods. Capitol Hill, Belltown, and Queen Anne are top-performing sub-markets due to walkability, nightlife, and proximity to the waterfront. Strong summer peak (June-September) when ferry tourism and outdoor recreation drive occupancy, though winter tech conference season provides meaningful off-peak demand.
Top STR Neighborhoods
Premium Pricing Pocket
Central Business District
Avg nightly rate: $11,749
Highest Occupancy Pocket
West Queen Anne
Avg occupancy: 53.9%
Best Balanced Opportunity
Central Business District
Healthy mix of demand, pricing, and listing depth
- 1Capitol Hill
- 2Belltown
- 3Queen Anne
- 4South Lake Union
- 5Fremont
Ranked by active listing count (Inside Airbnb data).
Compare Similar Markets
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Live Market Analytics
Source: Inside Airbnb · 2025-09-25Listing Locations & Pricing
Listing Types
- Entire Home82.1%
- Private Room16.8%
- Hotel Room0.7%
- Shared Room0.4%
Takeaway: entire home apt dominates this market snapshot.
Price Distribution (per night)
Takeaway: the highest concentration of listings sits in the $101–150 nightly range.
Occupancy Rate Distribution
Takeaway: most listings cluster around 0–10% occupancy.
Monthly Seasonality (from booking calendar)
Peak month in this snapshot: Sep (58.2% occupancy).
Neighbourhood Breakdown (top 15)
| Neighbourhood | Listings ↓ | Avg Price | Occupancy | Avg Rating |
|---|---|---|---|---|
| Belltown | 380 | $1,811 | 34.3% | — |
| Broadway | 375 | $181 | 32.3% | — |
| University District | 287 | $132 | 44% | — |
| Wallingford | 279 | $218 | 47.4% | — |
| Minor | 258 | $179 | 40.8% | — |
| Fremont | 243 | $191 | 43.7% | — |
| North Beacon Hill | 169 | $170 | 49.1% | — |
| West Queen Anne | 166 | $198 | 53.9% | — |
| Atlantic | 150 | $177 | 38.8% | — |
| East Queen Anne | 148 | $246 | 35.1% | — |
| Green Lake | 148 | $176 | 41.9% | — |
| Eastlake | 146 | $230 | 29.8% | — |
| Central Business District | 137 | $11,749 | 34.4% | — |
| First Hill | 135 | $179 | 39.2% | — |
| Lower Queen Anne | 134 | $266 | 49.3% | — |
Source: Inside Airbnb. Click column headers to sort.
Analytics derived from Inside Airbnb public datasets. Data reflects the snapshot date above. Not financial advice.
Want verified, real-time data?
Get professional analytics for Seattle
Our estimates are a starting point — these tools give you neighborhood-level occupancy, revenue projections, and comp analysis from live Airbnb data.
Real-time occupancy, ADR, and RevPAR by neighborhood. The industry standard for STR market research.
View Seattle data on AirDNA →Combines Airbnb data with traditional rental comps. Great for comparing STR vs long-term rental ROI.
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Investment Score Breakdown
Score formula: Occupancy (max 45 pts) + ADR (max 30 pts) + Regulatory environment (up to 25 pts). Max score: 100.
Challenging market — lower occupancy, rate constraints, or restrictive regulations make Seattle a higher-risk choice for new STR investors.
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