Redmond, Washington Short-Term Rental Market
Redmond area Puget Sound STR market posted $193 ADR, 67.2% occupancy and $3,593 monthly revenue in September 2026.
Quick Answer: Redmond, 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 Redmond. Regulations, taxes, and permit details below are specific to Redmond.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
This profile covers the Puget Sound region STR market around Redmond, Washington, using metrics through September 2026. The same performance series applies to Redmond, Bellevue, Issaquah, Lynnwood, Renton, Kent, Everett and Marysville, so every performance number below describes the Puget Sound region STR market rather than Redmond alone. Redmond is a tech-driven Eastside suburb in King County with a population of 82,199, best known as the global headquarters of Microsoft and home to Nintendo of America. In September 2026 the Puget Sound region STR market averaged an ADR of $193 and occupancy of 67.2%, producing average monthly revenue of $3,593 per listing. Entire place listings earned an ADR of $219. Year over year, ADR rose 8.5%, occupancy slipped 0.8%, and revenue edged up 0.3%, so pricing rather than additional bookings carried the gain. The calendar-year view supports that reading. Occupancy for 2026 through September averages 65.9% against 66.7% for full-year 2025, while ADR is $191 against $172 and monthly revenue is $3,477 against $3,251. Occupancy peaked at 74.2% in 2021 and has eased every year since, while ADR has climbed from $137 in 2021. Demand comes from both business and leisure travel. Corporate visitors come for the Microsoft campus and other tech employers, and regional visitors come for outdoor recreation. Marymoor Park, King County’s most-visited park, draws roughly 3 million visitors a year. Redmond Town Center, the Sammamish River Trail and the Microsoft Visitor Center add further reasons to stay. Listing counts, bedroom mix, channel mix and listing-type mix are tracked at a shared regional level rather than uniquely for Redmond, so this profile omits them.
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 Redmond 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 Redmond, so these counts are not Redmond-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 Redmond?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Redmond 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 (Redmond)
Typical home values, median sale prices, and the 10-year price trend for Redmond 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 Redmond — 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
Redmond permits short-term rentals, defined as stays under 30 consecutive nights, and requires a license. Under updates to RMC 5.04 effective January 1, 2026, every operator must hold a City of Redmond business license for short-term rental before renting. The fee is $153 and the license renews annually each January. Applicants must submit a signed City of Redmond Short-Term Rental Safety Checklist. In single-unit residential zoning, one license is required per individually addressed rental unit. In multi-unit and mixed-use zoning, one license per operator covers multiple units. STRs are permitted in residential and mixed-use areas. Redmond does not require owner occupancy or primary residence and does not limit the number of rental nights per year. Owner-occupied homes renting fewer than three rooms for 6 or more months a year are exempt from the license, as are stays of 30 or more consecutive nights. The occupancy tax is 3.8%, made up of a 1% Redmond special hotel/motel tax and a 2.8% King County convention and trade center tax. Including Washington and King County sales tax, guests pay roughly 14.2% in total. Enforcement severity is moderate. A first violation brings a warning letter, later violations are Class 2 civil infractions, and operating without a license carries a 100% penalty on the license fee. The city can revoke a permit for unpaid fees or taxes. The 2026 change formalized rules that were previously less defined at the city level. Confirm current requirements with the City of Redmond before operating.
Market Comparison
In September 2026 the Puget Sound region STR market shows 67.2% occupancy and an ADR of $193, with entire place listings at $219, professionally managed listings at $239 and luxury listings at $326. Rate growth is strong, with ADR up 8.5% year over year, while occupancy is down 0.8% and revenue is up 0.3%. Investors should note that Redmond’s typical home value of $1,315,884 is high, so the market rewards operators who protect occupancy. Top operator names are tracked at a shared regional level rather than uniquely for Redmond, so this profile omits them.
Frequently Asked Questions About Redmond, Washington
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What taxes apply to short-term rental stays in Redmond?
When is the best time of year to host near Redmond?
How far ahead do guests book, and how long do they stay?
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