Lynnwood, Washington Short-Term Rental Market
The Puget Sound STR market posted a $193 ADR, 67.2% occupancy and $3,593 monthly revenue in September 2026.
Quick Answer: Lynnwood, Washington is an active short-term rental market. average occupancy in the Seattle market area is 67%. average monthly revenue in the Seattle market area is $3,593. average daily rate in the Seattle market area is $193. 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
Lynnwood, Washington sits 16 miles north of Seattle, and its short-term rental performance is tracked at the Puget Sound regional level. The same metric series covers Everett, Marysville, Bellevue, Redmond, Issaquah, Renton and Kent, so every performance number on this page describes the Puget Sound region STR market rather than Lynnwood alone. In September 2026 that market posted an average daily rate (ADR) of $193, occupancy of 67.2% and average monthly revenue of $3,593. Compared with September 2025, ADR rose 8.5%, occupancy slipped 0.8%, and revenue edged up 0.3%, so higher rates offset slightly softer demand. By property type, entire place listings earned the most at $4,073 a month, ahead of apartments at $3,693 and houses at $3,573. Summing the twelve seasonal months gives annualized revenue of $32,643. Guests book about 47.5 days ahead and stay 5.0 nights on average. Bedroom, channel and listing-type counts are tracked at a shared regional level rather than uniquely for Lynnwood, so this profile omits them. Lynnwood itself has 41,597 residents and markets itself as an affordable, transit-connected home base for Puget Sound access at lower lodging prices than Seattle. Demand is driven by shopping and events plus spillover from Seattle and Snohomish County tourism. Alderwood Mall covers roughly 1.3 million square feet with about 170 stores, the Lynnwood Convention Center (opened 2005) draws business and group travel, and the Lynnwood City Center light rail station, opened in 2024, links the city to the Link 1 Line. The city also promotes itself around the 2026 World Cup. Over the longer run, regional occupancy peaked at 74.2% in 2021 and measured 66.7% in 2025, while ADR climbed from $137 to $172 over the same span.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 55% |
| Feb | 62% |
| Mar | 68% |
| Apr | 65% |
| May | 71% |
| Jun | 79% |
| Jul | 80% |
| Aug | 76% |
| 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, and short-term rentals are legal. They are treated like any home-based business. Operators need a Washington State business license plus a City of Lynnwood endorsement, administered through the state Business Licensing Service, with annual renewal. The permit cost is not published. There is no STR registration, no owner-occupancy or primary-residence requirement, and no annual night cap. The Unified Development Code, adopted in June 2025 and effective July 1, 2025, did not include STR rules, and city staff said short-term rentals would be addressed in a future code update. Lodging-type uses are defined generally, and short-term rentals operate under general residential and business use without a dedicated overlay or density cap. State law under RCW 64.37 applies. Operators must remit applicable lodging, sales and occupancy taxes, carry at least $1,000,000 in primary liability insurance or use a platform that provides equivalent coverage, follow carbon monoxide alarm rules, and post emergency, contact and occupancy information for guests. The lodging tax burden is roughly 12.5%, made up of 10.5% combined sales tax and a 2% special hotel and motel tax, plus a flat $2.00 per room-night Tourism Promotion Area charge. Enforcement is complaint-based and rated minimal. Investors should watch for a code update that may add registration and standards in 2026 or 2027.
Market Comparison
The Puget Sound region STR market posted 67.2% occupancy and a $193 ADR in September 2026. Professionally managed listings at $239 and luxury listings at $326 sit well above the blended rate, so the all-listings ADR reflects the mix of listings rather than a ceiling on the market. Demand is steady across the year, with even the weakest month, January, at 55.5% occupancy. Rate growth of 8.5% year over year also outpaces the flat 0.3% revenue change, so pricing has been the lever. Lynnwood trades on affordability against Seattle, transit access and shopping demand. Top operator names are tracked at a shared regional level rather than uniquely for Lynnwood, so this profile omits them.
Frequently Asked Questions About Lynnwood, Washington
What is the average Airbnb ADR in Lynnwood, WA?
What is the occupancy rate for short-term rentals in Lynnwood?
How much do Lynnwood short-term rentals earn per month?
Are short-term rentals legal in Lynnwood, WA?
What taxes apply to short-term rentals in Lynnwood?
What does a home cost in Lynnwood for an STR investment?
When is the best time to rent short-term in Lynnwood?
Analyze Lynnwood Rentals
Use our free calculator to estimate Airbnb revenue for any property in Lynnwood.
Free Lynnwood STR Calculator →
