Lynnwood, Washington Short-Term Rental Market
Lynnwood, WA STRs posted 62.6% occupancy at $159 ADR in April 2026, with summer peak occupancy reaching 80.3% in the Seattle corridor.
Quick Answer: Lynnwood, Washington is an active short-term rental market. average occupancy in the Seattle market area is 72%. average monthly revenue in the Seattle market area is $4,921. average daily rate in the Seattle market area is $268. the top operator in the Seattle market area is Blueground with 508 listings. market score is 51/100 (grade D).
Market data reflects the Seattle regional market, which includes Lynnwood. Regulations, taxes, and permit details below are specific to Lynnwood.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
The Lynnwood, WA short-term rental market encompasses 15,248 active listings across the greater Snohomish County corridor, with an average daily rate of $159 and occupancy of 62.6% in April 2026, and RevPAR at $100. Lynnwood functions as an affordable lodging hub 16 miles north of Seattle, benefiting from the 2024 opening of the Lynnwood City Center Link light rail station on the 1 Line. By listing type, 12,230 (80.2%) are entire-place rentals, 2,997 (19.7%) are private rooms, and 21 (0.1%) are shared rooms. The bedroom distribution skews toward smaller units: 1-bedroom listings account for 7,894 of supply (51.9%), followed by 2-bedroom (3,504, 23.0%), 3-bedroom (2,172, 14.3%), 4-bedroom (1,008, 6.6%), and 5-bedroom-plus (640, 4.2%). Airbnb dominates channel distribution with 9,261 exclusive listings; 5,400 properties cross-list on both Airbnb and VRBO, and 587 list exclusively on VRBO.
On a year-over-year basis, April 2026 occupancy declined 2.5 percentage points and revenue declined 3.4%, while ADR edged up 0.7%. Annual averages show a market that peaked post-pandemic and has gradually moderated: 2022 full-year occupancy averaged 72.7% with ADR of $165 and average monthly revenue of $3,184. By 2025 those figures settled to 66.7% occupancy, $172 ADR, and $3,254 monthly revenue. Despite the occupancy decline, ADR has continued to grow from $164 in 2023 to $172 in 2025. The StaySTRA composite market score is 50.9, with rental demand scoring exceptionally high at 90.7, reflecting the urban proximity draw, while investability scores lower at 48.9, reflecting high home prices relative to STR income.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 55% |
| Feb | 62% |
| Mar | 68% |
| Apr | 65% |
| May | 71% |
| Jun | 79% |
| Jul | 80% |
| Aug | 77% |
| Sep | 71% |
| Oct | 64% |
| Nov | 60% |
| Dec | 59% |
Month-by-month nightly rates and revenue figures for Lynnwood are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Seattle market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Seattle market as a whole, which includes Lynnwood, so these counts are not Lynnwood-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Blueground | 508 | 265 | ★ 4.36 |
| 2 | Evolve | 181 | 4,933 | ★ 4.55 |
| 3 | Vacasa | 151 | 8,263 | ★ 4.47 |
| 4 | Snowball Rentals | 139 | 5,391 | ★ 4.78 |
| 5 | Vince | 132 | 12,247 | ★ 4.57 |
What Kind of STR Should I Buy in Lynnwood?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Lynnwood are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 60.7% |
| vrbo | 3.8% |
| both | 35.4% |
Home Value Trends (Lynnwood)
Typical home values, median sale prices, and the 10-year price trend for Lynnwood are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Lynnwood — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
As of mid-2026, Lynnwood has no short-term-rental-specific ordinance. STRs operate legally as home-based businesses with no STR registration, no owner-occupancy or primary-residence requirement, no annual night cap, and no STR-specific zoning overlay or density limit.
Operators must obtain a Washington State business license (Unified Business Identifier) plus a City of Lynnwood business license endorsement, both administered through the Washington State Business Licensing Service on an annual renewal basis. No STR-specific permit fee is established.
Washington RCW 64.37 sets baseline rules statewide: remit all applicable lodging and sales taxes; carry at least $1,000,000 in primary liability insurance (or use a platform providing equivalent coverage); comply with carbon-monoxide alarm requirements; and post emergency, contact, and occupancy information for guests.
On taxes, the combined lodging tax burden in Lynnwood (loc code 5210) is approximately 12.5%, consisting of a 10.5% combined retail sales/lodging tax plus a 2% special hotel/motel tax. A flat $2.00 per room-night Tourism Promotion Area charge also applies. Airbnb generally collects Washington state-administered sales and lodging taxes on behalf of hosts.
Enforcement is complaint-based with no proactive licensing or inspection regime (rated minimal). Investors should monitor for a forthcoming code update: Lynnwood adopted a new Unified Development Code in June 2025 (effective July 1, 2025) that did not address STRs, with city staff indicating that short-term rental regulations would be addressed in a future update, making new rules plausible in 2026 or 2027.
Market Comparison
Lynnwood significantly outperforms the national median on occupancy while trailing on ADR. The US STR median occupancy is approximately 55% and median ADR approximately $220. Lynnwood’s 2025 full-year average occupancy of 66.7% exceeds the national median by approximately 11.7 percentage points. The April 2026 ADR of $159 is 27.7% below the national $220 median, reflecting the market’s role as an affordable lodging alternative to Seattle hotels rather than a premium destination.
The composite market score of 50.9 reflects the tension between exceptional demand (rental demand: 90.7) and challenging acquisition economics (investability: 48.9) at a $786,227 typical home value.
Among operators, Blueground leads by listing count with 508 properties and a 4.36 average rating across 265 reviews, consistent with its corporate furnished-apartment model. Evolve manages 181 listings with 4,933 reviews at a 4.55 rating. Vacasa holds 151 listings with 8,263 reviews (4.47 rating). Snowball Rentals manages 139 listings at the highest top-five rating of 4.78. Vince rounds out the top five with 132 listings and 12,247 reviews at a 4.57 rating. The top three operators (Blueground, Evolve, and Vacasa) manage 840 listings combined.
Frequently Asked Questions About Lynnwood, Washington
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