Kirkland, Washington Short-Term Rental Market Overview

Population: 92,175
Annual Visitors: 100,000
Total STRs: 401
ADR: $250.00

Visitor Profile

Kirkland, Washington, attracts approximately 1.5 million visitors annually, making it a vibrant hub for tourism in the Pacific Northwest. The city’s demographics reveal that a significant portion of visitors are aged 25-44, with a balanced gender distribution. Many travelers come for leisure, including outdoor activities, cultural experiences, and events, while business travel also plays a role, particularly due to the area’s tech industry. The economic impact of tourism in Kirkland is substantial, contributing millions to the local economy and supporting numerous jobs in hospitality and service sectors.

In-depth visitor analysis shows that the primary demographics of Kirkland’s tourists include young professionals and families, with a notable increase in international visitors, particularly from Canada and Europe. The main reasons for visiting Kirkland include its picturesque waterfront, parks, and a thriving arts scene, with attractions such as the Kirkland Performance Center and Marina Park drawing significant crowds. The average length of stay for visitors is around two to three days, with peak seasons occurring during the summer months when outdoor activities are at their best. According to the tourism bureau (https://www.visitbellevuewa.com/plan/neighboring-cities/kirkland/), the city’s offerings in dining, shopping, and recreational activities make it an attractive destination for both short getaways and extended vacations. Additionally, the STR data indicates a steady occupancy rate in local accommodations, reflecting the consistent demand for lodging options. As Kirkland continues to develop its tourism infrastructure, the potential for growth in visitor numbers and economic impact remains promising, making it a key player in the region’s tourism landscape. For more information, visit the City of Kirkland’s official site (https://www.kirklandwa.gov/Home).

Top Attractions

Kirkland, Washington, is a vibrant city nestled on the shores of Lake Washington, offering a delightful mix of outdoor beauty, cultural experiences, and family-friendly activities. Visitors can explore the picturesque waterfront parks, indulge in local cuisine, and appreciate art installations throughout the city. Signature attractions such as the Kirkland Performance Center and Marina Park provide a glimpse into the community’s rich cultural fabric and stunning natural landscapes. Whether you’re an art enthusiast, a nature lover, or looking for fun things to do with family, Kirkland has something for everyone, making it a must-visit destination in the Pacific Northwest.

One of the top attractions in Kirkland is Marina Park, a scenic waterfront area that features a sandy beach, picnic areas, and a playground. This park is perfect for families looking to enjoy a day outdoors, with stunning views of the lake and the Seattle skyline. For art lovers, the Kirkland Performance Center offers a variety of performances and events throughout the year, showcasing local talent and touring productions. To learn more about the city’s attractions, visit the official visitor guide at https://www.visitbellevuewa.com/plan/neighboring-cities/kirkland/.

Another must-see is the Kirkland Arts Center, which hosts rotating exhibitions and art classes, making it a hub for creativity and community engagement. Families can also enjoy the interactive exhibits at the Children’s Museum of Kirkland, where kids can learn through play. For more information on these attractions and additional things to do in Kirkland, check out https://www.touristsecrets.com/destinations/united-states/washington/31-must-visit-places-in-kirkland/. With its diverse offerings, Kirkland is a destination that promises memorable experiences for all visitors.

Regulations

Kirkland, Washington, has established specific regulations for short-term rentals to ensure community safety and compliance with local laws. Property owners looking to rent out their homes on a short-term basis must obtain a business license and a short-term rental permit. This process includes meeting safety requirements and adhering to zoning restrictions that dictate where short-term rentals can operate. Additionally, hosts are responsible for collecting and remitting a lodging tax, which is currently set at 2% for short-term rentals. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For more detailed information on the requirements, read on.

To operate a short-term rental in Kirkland, owners must first apply for a business license and a short-term rental permit through the City of Kirkland. This involves submitting an application that confirms compliance with local zoning laws, which restrict short-term rentals to specific residential zones. Safety requirements include ensuring that the property meets fire and building codes, and hosts must provide guests with essential safety information. The lodging tax, which is 2%, must be collected from guests and remitted to the Washington Department of Revenue by the due date. Failure to comply with these regulations can result in fines and penalties, underscoring the importance of adhering to the rules. For complete regulations, visit the City of Kirkland’s official codes and laws page (https://www.kirklandwa.gov/Government/Codes-and-Laws) and the Washington Department of Revenue’s Kirkland page (https://dor.wa.gov/manage-business/city-endorsements/kirkland).

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Vacation Rental Market Overview for Kirkland

Kirkland attracts visitors with its urban amenities and entertainment and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Kirkland, Washington Market Performance Trends

LTM Avg. Daily Rate$204.00
LTM Occupancy Rate70.0%
LTM Avg. Revenue$2,579

Short-Term Rental Market Performance Analysis for Kirkland

The short-term rental market in Kirkland demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Kirkland, Washington Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:56.9% Booked
  • 4-6 Months:50% Booked
  • 7-9 Months:38.7% Booked
  • 10-12 Months:20.3% Booked

Cancellation Policies

  • Flexible:28.6%
  • Moderate:36.6%
  • Strict:34.9%
  • Super Strict:0%

Minimum Stay

  • 1 Day:89
  • 2 Days:104
  • 3 Days:62
  • 4-6 Days:30
  • 7-29 Days:33
  • 30+ Days:26

Short-Term Rental Regulations and Booking Patterns in Kirkland

Kirkland vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Kirkland, Washington Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.78 / 5
  • Cleanliness:4.81 / 5
  • Location:4.90 / 5
  • Value:4.78 / 5
  • Accuracy:4.84 / 5
  • Check-in:4.91 / 5
  • Communication:4.90 / 5

Vacation Rental Property Types in Kirkland

The vacation rental market in Kirkland features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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Related Short-Term Rental Markets

Explore 27 vacation rental markets within Washington. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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