Spokane, Washington Short-Term Rental Market
Spokane, WA requires STR permits tied to permanent residency; June 2026 ADR was $183 at 70.6% occupancy.
Quick Answer: Spokane, Washington is an active short-term rental market. average occupancy in the Spokane market area is 71%. average monthly revenue in the Spokane market area is $3,433. average daily rate in the Spokane market area is $183. 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’s short-term rental permits carry a meaningful investor constraint: under Spokane Municipal Code Chapter 17C.316, permits are issued only to eligible permanent residents, both owners and tenants, which effectively ties an STR to the operator’s own residency rather than allowing unlimited non-resident investor operation. Only one STR is allowed per single-family home, ADU, or individually owned condo unit, and multi-family buildings are capped at 20% of units in residential zones (30% in other zones). The city began actively monitoring and enforcing permit compliance in January 2024.
With that context: Spokane is the largest city in the Inland Northwest, with a population of 230,293, and Spokane County drew a record 10.2 million visitors in 2025, generating roughly $1.53 billion in direct spending. In June 2026, the Spokane STR market posted a blended ADR of $183.09 and 70.6% occupancy, with average monthly revenue of $3,433/listing. Occupancy is up 2.68 percentage points year over year, ADR is down 1.74%, and revenue is up 4.81% year over year.
Longer-term, annual average occupancy peaked at 72.51% in 2021 and has settled around 60-61% since 2022, while ADR climbed from $98 in 2019 to $146 in 2025 (up 49%), before ticking up slightly to $148 in the partial 2026 year to date.
Tracked inventory skews toward smaller units: 1-bedroom listings are the largest segment at 41.0%, followed by 2-bedroom at 26.3%, 3-bedroom at 18.1%, 4-bedroom at 8.7%, and 5-plus-bedroom at 5.9%. Entire-place listings dominate at 89.1% of the market, versus 10.8% private rooms.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 51% |
| Feb | 60% |
| Mar | 65% |
| Apr | 59% |
| May | 66% |
| Jun | 73% |
| Jul | 74% |
| Aug | 73% |
| Sep | 62% |
| 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 (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 Washington State/City of Spokane business license. Permits are issued only to eligible permanent residents, both owners and tenants, which effectively ties an STR to the operator’s own residency rather than allowing unlimited non-resident investor operation. Each unit needs its own permit.
Only one STR is allowed per single-family home, ADU, or individually owned condo unit. Multi-family buildings are capped at 20% of units in residential zones (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.
Application fees are $200 for residential zones ($300 for other zones), with annual renewals of $100 and $150 respectively; permits auto-close if renewal isn’t paid. Requirements include a notarized Annual Life Safety Compliance form, proof of liability insurance, site and safety plans, listing the permit number in ads, and, in residential zones, written notice to adjacent property owners.
The city began actively monitoring and enforcing permit compliance in January 2024, sending non-compliance letters with a 30-day grace period. Guests pay total lodging tax capped at 12%, including a roughly 4% city hotel/motel lodging tax on top of retail sales tax. Enforcement is rated moderate.
Market Comparison
Spokane’s June 2026 occupancy of 70.6% runs well above the commonly cited US STR median of roughly 55%, while its $183.09 blended ADR sits below the roughly $220 US median, a higher-occupancy, value-rate profile, though its residency-tied permit system is more restrictive on the investor side than most markets StaySTRA tracks.
Spokane’s top-tracked property managers are HomeSweet LLC (36 listings, 3,587 reviews, 4.88 rating), Roav Stays (35 listings, 7,355 reviews, 4.83 rating), Stay Riverfront Park (27 listings, 1,422 reviews, 4.81 rating), Munshi Housing LLC (21 listings, 195 reviews, 4.34 rating), and Evolve (19 listings, 657 reviews, 4.52 rating). Roav Stays averages more than 200 reviews per listing, standing out relative to the rest of the field.
StaySTRA’s market_score dataset rates Spokane’s rental demand at 89.3/100, the standout sub-score, against a 59.9/100 total score.
Frequently Asked Questions About Spokane, Washington
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