Redmond, Washington Short-Term Rental Market
Redmond, WA area STRs averaged $268/night at 72.0% occupancy in June 2026, with revenue up 5.4% year over year.
Quick Answer: Redmond, 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 Redmond. Regulations, taxes, and permit details below are specific to Redmond.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Redmond is a tech-driven Eastside suburb of Seattle in King County, Washington, best known as the global headquarters of Microsoft and home to Nintendo of America. Tourism here is a mix of business travelers visiting the tech campuses and regional leisure visitors drawn to outdoor recreation, most notably Marymoor Park, King County’s most-visited park, which alone draws roughly 3 million-plus visitors a year for its trails, velodrome, off-leash dog park, and summer concert series. Redmond Town Center’s 110-plus shops and restaurants, the Sammamish River Trail, and the region’s mountain-biking scene round out the draw.
Because StaySTRA’s short-term rental performance data for this submarket is shared across the greater Seattle metro cluster (Redmond, Bellevue, Everett, Issaquah, Kent, Lynnwood, Marysville, Renton, Seattle, and Snohomish), this profile frames occupancy, rate, and revenue figures as describing the Redmond area STR market rather than claiming Redmond-only precision.
In June 2026, that area STR market averaged 71.98% occupancy and a $267.65 average daily rate, with average monthly revenue of $4,920.88 per active listing. Year over year, occupancy fell a notable 11.56 points, one of the sharper occupancy declines in this pipeline, while ADR softened a more modest 1.68% and revenue still grew 5.40% overall, an unusual combination worth flagging rather than glossing over.
Listing count, bedroom mix, and channel split data for this area are tracked at a shared regional level rather than uniquely for Redmond, so this profile omits those specific breakdowns.
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 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
As of January 1, 2026, the City of Redmond regulates short-term rentals (stays under 30 consecutive nights) under updated Redmond Municipal Code 5.04. Every operator must obtain a City business license before renting, at $153 a year, renewed annually each January. In single-family zones, one license is needed per addressed unit; in multifamily or mixed-use zones, one license can cover an operator’s multiple units. Applicants must submit a signed City of Redmond Short-Term Rental Safety Checklist.
Redmond does not require owner-occupancy or that the STR be the operator’s primary residence, and it does not cap the number of rental nights a year, making it relatively investor-friendly for non-owner-occupied whole-home rentals. Exemptions apply to owner-occupied homes renting fewer than three rooms for six-plus months a year, stays of 30-plus consecutive nights, and certain charitable or government housing.
On lodging costs, guests pay roughly 10.4% combined Washington and King County sales tax plus lodging-specific taxes of about 3.8% (a 1% Redmond hotel/motel tax and a 2.8% King County convention and trade center tax), for roughly 14.2% all-in. Enforcement is moderate and graduated: a first violation triggers a warning letter, and subsequent violations are Class 2 civil infractions. Because this ordinance only took effect January 1, 2026, it has a limited enforcement track record so far.
Market Comparison
Redmond’s 71.98% occupancy in June 2026 runs well above the roughly 55% occupancy typical of the broader U.S. short-term rental market, and its $267.65 ADR also outpaces the national median of roughly $220, putting this market ahead of a typical U.S. STR market on both fill rate and price.
Property manager data for this area is tracked at a shared regional level rather than uniquely for Redmond, so this profile omits naming specific operators here.
What sets Redmond apart from most leisure-driven markets in this pipeline is its tech-employment demand base: a large share of bookings likely reflect business travel to Microsoft, Nintendo of America, and the broader Eastside tech corridor rather than pure vacation travel, which helps explain both the market’s shallow seasonality and its notably high home values relative to rental revenue.
Frequently Asked Questions About Redmond, Washington
What is the average nightly rate for a short-term rental in Redmond, WA?
Does Redmond require a short-term rental license?
Is there an owner-occupancy requirement for short-term rentals in Redmond?
What taxes apply to short-term rentals in Redmond?
What is the strongest month for short-term rentals in Redmond?
What is the typical home value in Redmond?
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