Spokane, Washington Short-Term Rental Market
Spokane requires a permit and primary residence; September 2026 averaged $150 ADR, 66.0% occupancy and $2,699 monthly revenue.
Quick Answer: Spokane, Washington is an active short-term rental market. average occupancy in the Spokane market area is 66%. average monthly revenue in the Spokane market area is $2,699. average daily rate in the Spokane market area is $150. the top operator in the Spokane market area is HomeSweet LLC with 36 listings. market score is 60/100 (grade C).
Market data reflects the wider Spokane market, which covers 6 areas. Regulations, taxes, and permit details below are specific to Spokane.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Spokane is the largest city in the Inland Northwest and a short-term rental market with real scale. The Spokane area STR market tracks 1,775 listings, and 1,581 of them (89.1%) are entire places, with 192 private rooms and 2 shared rooms making up the rest. By bedroom count, one-bedroom units lead with 727 listings, followed by 467 two-bedroom, 320 three-bedroom, 155 four-bedroom and 104 five-bedroom listings. On distribution, 1,008 listings appear on Airbnb only, 68 on Vrbo only and 699 on both platforms.
In September 2026, the average daily rate was $150 and occupancy was 66.0%, producing average monthly revenue of $2,699 per listing. Year over year, occupancy rose 17.2%, ADR rose 4.7% and revenue rose 16.0%, so the gain came mostly from more booked nights rather than higher prices. Through the first nine months of 2026, occupancy averages 63.4% and ADR averages $155, with average monthly revenue of $2,754, compared with 60.2%, $146 and $2,510 for full-year 2025.
Demand has a broad base. Spokane County drew a record 10.2 million visitors in 2025, up 1.8% over 2024, and the city has a population of 230,293. Visitors come for outdoor recreation, events at Riverfront Park and the convention center, and sports weekends. The county-wide visitor figure is not city-only. StaySTRa’s market score for the area is 59.9 out of 100, with rental demand scoring 89.3, seasonality 75.0, investability 64.5, regulation 57.3 and revenue growth 52.6. Investors should weigh the strong demand score against the permit and residency rules covered below, since those rules shape who can operate here.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 51% |
| Feb | 60% |
| Mar | 65% |
| Apr | 59% |
| May | 66% |
| Jun | 73% |
| Jul | 73% |
| Aug | 73% |
| Sep | 63% |
| Oct | 61% |
| Nov | 56% |
| Dec | 54% |
Month-by-month nightly rates and revenue figures for Spokane are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Spokane market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Spokane market as a whole, which includes Spokane, so these counts are not Spokane-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | HomeSweet LLC | 36 | 3,587 | ★ 4.88 |
| 2 | Roav Stays | 35 | 7,355 | ★ 4.83 |
| 3 | Stay Riverfront Park | 27 | 1,422 | ★ 4.81 |
| 4 | Munshi Housing LLC | 21 | 195 | ★ 4.34 |
| 5 | Evolve | 19 | 657 | ★ 4.52 |
What Kind of STR Should I Buy in Spokane?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Spokane 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 | 56.8% |
| vrbo | 3.8% |
| both | 39.4% |
Home Value Trends (Spokane)
Typical home values, median sale prices, and the 10-year price trend for Spokane 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 Spokane — 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
Short-term rentals, meaning stays under 30 nights, are legal in Spokane but require a Short-Term Rental Permit under Spokane Municipal Code Chapter 17C.316 plus a combined City and State business license. The permit is tied to residency. Primary residence is required, and permits go to eligible permanent residents, who can be owners or tenants. The rules do not require the owner to be the occupant, but the operator must live there.
Application fees are $200 in residential zones and $300 in other zones, with annual renewals of $100 and $150 respectively. The permit is renewed annually, and permits close automatically if the renewal is not paid. Each unit needs its own permit. Applicants must provide a notarized Annual Life Safety Compliance form, proof of liability insurance, site, floor, parking and fire-safety plans, and must list the permit number in advertisements. In residential zones, adjacent property owners must receive written notice.
Only one STR is allowed per detached home, accessory dwelling unit or individually owned condo or apartment unit. In buildings with multiple units, STRs are capped at 20% of units in residential zones and 30% in other zones. Where a lot has both an ADU and an STR, one unit must be the owner’s permanent principal residence, occupied more than six months per year. Occupancy is generally capped at two people per bedroom plus two.
The occupancy tax is 4%, with total lodging tax to the guest capped at 12%. No annual night cap is published. Ordinance amendments effective September 1, 2023 expanded eligibility to tenants, and the city began active monitoring in January 2024, sending non-compliance letters with a 30-day grace period. Enforcement is rated moderate.
Market Comparison
Spokane’s strength is occupancy. September 2026 occupancy was 66.0%, and the 2026 year-to-date average is 63.4%. January, the weakest month, still runs at 50.8%.
The ADR is more moderate. Spokane’s September 2026 ADR is $150, the highest monthly ADR in the seasonal data is $144 in June, and only the luxury tier, at $222, sits well above the market average. The result is a market that wins on volume of booked nights rather than high nightly rates, with monthly revenue of $2,699 supported by occupancy.
Entry cost is moderate, with a typical home value of $396,121. The market has several established operators. HomeSweet LLC leads with 36 listings and a 4.88 rating, followed by Roav Stays with 35 listings and 7,355 reviews, Stay Riverfront Park with 27, Munshi Housing LLC with 21 and Evolve with 19. The largest operators each hold only a small share of the 1,775 tracked listings, so the market remains open to individual hosts.
Frequently Asked Questions About Spokane, Washington
What is the average Airbnb occupancy in Spokane?
How much does a short-term rental earn in Spokane?
Do I need a permit for a short-term rental in Spokane?
Can investors who do not live in Spokane run an STR there?
What is the gross yield for Spokane short-term rentals?
When is the best time of year for Spokane short-term rentals?
What is the occupancy tax in Spokane?
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