Renton, Washington

This profile covers Renton, Washington, a city of 105,317 residents on the southeast shore of Lake Washington, about 12 miles southeast of Seattle. Short-term rental performance is measured at the metro level, so the figures below describe the Seattle metro STR market that includes Renton. The data month is September 2026. In that month the average daily rate was $193 and occupancy was 67.2%, producing average monthly revenue of $3,593 per listing. Compared with September 2025, occupancy was down 0.8%, ADR was up 8.5% and revenue was up 0.3%, so the revenue gain came almost entirely from price rather than additional booked nights. Year to date through September 2026, occupancy averages 65.9%, ADR averages $191 and revenue averages $3,477 per month, against a full 2025 of 66.7% occupancy, a $172 ADR and $3,251 monthly revenue. Over the longer run, occupancy peaked at 74.2% in 2021 and has eased every year since, while ADR has climbed from $112 in 2020 to $191 in 2026. Demand in Renton is anchored by corporate and regional travel. Boeing’s 737 assembly plant and Providence Health corporate offices generate business stays, and leisure visitors come for Gene Coulon Memorial Beach Park, The Landing and Washington’s only IKEA. Visitation is mostly regional day-trippers, business travelers and Seattle-area overflow lodging rather than a large independent destination base. Bedroom, channel and listing-type counts and top operator rankings are tracked at a shared regional level rather than uniquely for Renton, so this profile omits them. For investors, the pattern is a high-priced, moderately occupied market where rate growth has replaced volume growth, and where the city’s operating rules, covered below, are among the stricter ones in the region.