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Yelm, Washington

Short-Term Rental Market Data & Investment Analysis

Data updated April 2026

Yelm, Washington Short-Term Rental Market Overview

Population: 11,715
Annual Visitors: 45,000
Total STRs: 43
ADR: $168.37

Visitor Profile

Yelm, Washington, attracts visitors seeking outdoor recreation and a convenient base for exploring the South Puget Sound region and Mount Rainier. Primary demographics include families, outdoor enthusiasts, and travelers aged 30-60 who appreciate small-town charm combined with access to major natural attractions. Many visitors come for hiking, trail activities, and proximity to Mount Rainier National Park, located approximately one hour from Yelm. The economic impact of tourism supports local businesses, restaurants, and hospitality services, contributing to community growth. Yelm’s strategic location between Olympia and Mount Rainier enhances its appeal as an affordable alternative to more expensive gateway communities.

Visitor statistics indicate that Yelm experiences increased traffic during summer months from June through September, when weather conditions are ideal for outdoor activities and Mount Rainier access. The average length of stay is approximately two to three nights, with many visitors using Yelm as a base for day trips to Mount Rainier, Olympia, and surrounding attractions. Peak seasons align with summer vacation periods and fall foliage season. About 70 percent of visitors come from within Washington State, particularly from the Seattle-Tacoma metropolitan area, while 30 percent travel from Oregon and other neighboring states. Main reasons for visiting include outdoor recreation on trails like the Yelm-Rainier-Tenino Trail, visiting Northwest Trek Wildlife Park, and accessing Mount Rainier National Park without paying premium prices in closer gateway towns. For STR operators, understanding these patterns is crucial for optimizing pricing and marketing strategies. Properties that accommodate families and provide information about regional attractions tend to perform well. The combination of affordability and strategic location makes Yelm an attractive option for visitors seeking Pacific Northwest experiences while managing travel budgets effectively.

Yelm, Washington, attracts visitors seeking outdoor recreation and a convenient base for exploring the South Puget Sound region and Mount Rainier. Primary demographics include families, outdoor enthusiasts, and travelers aged 30-60 who appreciate small-town charm combined with access to major natural attractions. Many visitors come for hiking, trail activities, and proximity to Mount Rainier National Park, located approximately one hour from Yelm. The economic impact of tourism supports local businesses, restaurants, and hospitality services, contributing to community growth. Yelm’s strategic location between Olympia and Mount Rainier enhances its appeal as an affordable alternative to more expensive gateway communities.

Visitor statistics indicate that Yelm experiences increased traffic during summer months from June through September, when weather conditions are ideal for outdoor activities and Mount Rainier access. The average length of stay is approximately two to three nights, with many visitors using Yelm as a base for day trips to Mount Rainier, Olympia, and surrounding attractions. Peak seasons align with summer vacation periods and fall foliage season. About 70 percent of visitors come from within Washington State, particularly from the Seattle-Tacoma metropolitan area, while 30 percent travel from Oregon and other neighboring states. Main reasons for visiting include outdoor recreation on trails like the Yelm-Rainier-Tenino Trail, visiting Northwest Trek Wildlife Park, and accessing Mount Rainier National Park without paying premium prices in closer gateway towns. For STR operators, understanding these patterns is crucial for optimizing pricing and marketing strategies. Properties that accommodate families and provide information about regional attractions tend to perform well. The combination of affordability and strategic location makes Yelm an attractive option for visitors seeking Pacific Northwest experiences while managing travel budgets effectively.

Top Attractions

Yelm, Washington, offers visitors a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities in the scenic South Puget Sound region. Known for its welcoming community atmosphere and natural beauty, Yelm provides easy access to hiking trails, parks, and nearby attractions including Mount Rainier National Park. Visitors can explore the historic downtown area, enjoy local dining, and experience the charm of small-town Washington. Notable attractions include scenic trails, parks, and proximity to Northwest Trek Wildlife Park. Whether seeking outdoor recreation or a peaceful retreat, Yelm attractions provide memorable experiences for families and nature enthusiasts throughout the year.

One of the top attractions near Yelm is the Yelm-Rainier-Tenino Trail, a scenic 14.5-mile paved trail connecting three communities and perfect for biking, walking, and enjoying the Pacific Northwest landscape. Outdoor enthusiasts will appreciate Deschutes Falls Park, featuring magnificent waterfalls in a dramatic gorge with moss-covered granite walls, located just 15 minutes from downtown Yelm. The park reopened in 2017 and offers excellent hiking and photography opportunities. For golf lovers, Tahoma Valley Golf Course provides a full 18-hole experience with spectacular views of Mount Rainier from every hole. Families will enjoy visiting the nearby Northwest Trek Wildlife Park, which offers tram and walking tours through native Pacific Northwest wildlife habitats. Lake St Clair provides opportunities for fishing and water recreation. The Yelm Historical Museum features artifacts from the area’s rich pioneer history. For more information on things to do, visit Experience Olympia’s guide to Yelm and the official City of Yelm attractions page. With Mount Rainier just an hour away and Olympia 30 minutes away, Yelm serves as an ideal base for exploring the region.

Yelm, Washington, offers visitors a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities in the scenic South Puget Sound region. Known for its welcoming community atmosphere and natural beauty, Yelm provides easy access to hiking trails, parks, and nearby attractions including Mount Rainier National Park. Visitors can explore the historic downtown area, enjoy local dining, and experience the charm of small-town Washington. Notable attractions include scenic trails, parks, and proximity to Northwest Trek Wildlife Park. Whether seeking outdoor recreation or a peaceful retreat, Yelm attractions provide memorable experiences for families and nature enthusiasts throughout the year.

One of the top attractions near Yelm is the Yelm-Rainier-Tenino Trail, a scenic 14.5-mile paved trail connecting three communities and perfect for biking, walking, and enjoying the Pacific Northwest landscape. Outdoor enthusiasts will appreciate Deschutes Falls Park, featuring magnificent waterfalls in a dramatic gorge with moss-covered granite walls, located just 15 minutes from downtown Yelm. The park reopened in 2017 and offers excellent hiking and photography opportunities. For golf lovers, Tahoma Valley Golf Course provides a full 18-hole experience with spectacular views of Mount Rainier from every hole. Families will enjoy visiting the nearby Northwest Trek Wildlife Park, which offers tram and walking tours through native Pacific Northwest wildlife habitats. Lake St Clair provides opportunities for fishing and water recreation. The Yelm Historical Museum features artifacts from the area’s rich pioneer history. For more information on things to do, visit Experience Olympia’s guide to Yelm and the official City of Yelm attractions page. With Mount Rainier just an hour away and Olympia 30 minutes away, Yelm serves as an ideal base for exploring the region.

Regulations

Yelm, Washington, operates under Washington State’s short-term rental framework, which delegates regulatory authority to local governments while maintaining statewide requirements. Property owners must obtain a business license from the City of Yelm to operate short-term rentals legally. Washington State requires all STR operators to provide contact information to guests during their stay and ensure properties comply with carbon monoxide alarm requirements. A statewide sales tax of 6.5 percent applies to all short-term stays under 30 nights, with cities able to add additional lodging taxes of up to 2 percent as basic lodging tax and up to 2 percent in special lodging taxes. Understanding these requirements helps property owners avoid penalties and ensures smooth rental operations.

To operate a short-term rental in Yelm, property owners must first obtain a business license from the City of Yelm and register with the Washington Department of Revenue to collect applicable taxes. Owners must collect the statewide sales tax of 6.5 percent plus any local lodging taxes and remit these to the state according to established schedules. Zoning restrictions may apply, and property owners should verify their property is located in an area where short-term rentals are permitted by checking with Yelm’s planning department. Safety requirements include maintaining smoke detectors, carbon monoxide alarms, and ensuring compliance with state building codes. Failure to comply with these regulations can result in penalties, including fines or revocation of rental permits. For more information on licensing and tax obligations, visit the Yelm page on the Washington Department of Revenue and the official City of Yelm website. Understanding and adhering to these regulations will help operators successfully navigate the short-term rental landscape in Yelm.

Yelm, Washington, operates under Washington State’s short-term rental framework, which delegates regulatory authority to local governments while maintaining statewide requirements. Property owners must obtain a business license from the City of Yelm to operate short-term rentals legally. Washington State requires all STR operators to provide contact information to guests during their stay and ensure properties comply with carbon monoxide alarm requirements. A statewide sales tax of 6.5 percent applies to all short-term stays under 30 nights, with cities able to add additional lodging taxes of up to 2 percent as basic lodging tax and up to 2 percent in special lodging taxes. Understanding these requirements helps property owners avoid penalties and ensures smooth rental operations.

To operate a short-term rental in Yelm, property owners must first obtain a business license from the City of Yelm and register with the Washington Department of Revenue to collect applicable taxes. Owners must collect the statewide sales tax of 6.5 percent plus any local lodging taxes and remit these to the state according to established schedules. Zoning restrictions may apply, and property owners should verify their property is located in an area where short-term rentals are permitted by checking with Yelm’s planning department. Safety requirements include maintaining smoke detectors, carbon monoxide alarms, and ensuring compliance with state building codes. Failure to comply with these regulations can result in penalties, including fines or revocation of rental permits. For more information on licensing and tax obligations, visit the Yelm page on the Washington Department of Revenue and the official City of Yelm website. Understanding and adhering to these regulations will help operators successfully navigate the short-term rental landscape in Yelm.

Frequently Asked Questions

What are the short-term rental regulations in Yelm, Washington?
Yelm, Washington, operates under Washington State's short-term rental framework, which delegates regulatory authority to local governments while maintaining statewide requirements. Property owners must obtain a business license from the City of Yelm to operate short-term rentals legally. Washington State requires all STR operators to provide contact information to guests during their stay and ensure properties comply with carbon monoxide alarm requirements. A statewide sales tax of 6.5 percent applies to all short-term stays under 30 nights, with cities able to add additional lodging taxes of up to 2 percent as basic lodging tax and up to 2 percent in special lodging taxes. Understanding these requirements helps property owners avoid penalties and ensures smooth rental operations.To operate a short-term rental in Yelm, property owners must first obtain a business license from the City of Yelm and register with the Washington Department of Revenue to collect applicable taxes. Owners must collect the statewide sales tax of 6.5 percent plus any local lodging taxes and remit these to the state according to established schedules. Zoning restrictions may apply, and property owners should verify their property is located in an area where short-term rentals are permitted by checking with Yelm's planning department. Safety requirements include maintaining smoke detectors, carbon monoxide alarms, and ensuring compliance with state building codes. Failure to comply with these regulations can result in penalties, including fines or revocation of rental permits. For more information on licensing and tax obligations, visit the Yelm page on the Washington Department of Revenue and the official City of Yelm website. Understanding and adhering to these regulations will help operators successfully navigate the short-term rental landscape in Yelm.
Do I need a permit to operate a short-term rental in Yelm, Washington?
Short-term rental regulations vary by location. In Yelm, Washington, operators should check local ordinances for permit requirements, zoning restrictions, and licensing obligations. Contact local authorities for the most current requirements.
Are there occupancy taxes for vacation rentals in Yelm, Washington?
Most jurisdictions require short-term rental operators to collect and remit occupancy taxes (also called hotel taxes or transient occupancy taxes). In Yelm, Washington, check with the local tax authority for current rates and collection requirements.

Vacation Rental Market Overview for Yelm

Yelm attracts visitors with its outdoor recreation and natural beauty and urban amenities and entertainment. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Yelm, Washington Market Performance Trends

LTM Avg. Daily Rate$163.00
LTM Occupancy Rate48.3%
LTM Avg. Revenue$1,650
Monthly Short-Term Rental Market Performance Data for Yelm
MonthAverage Daily Rate (USD)Occupancy Rate (%)Average Monthly Revenue (USD)
Jul 24$155.0076.2%$2,227
Aug 24$166.3967.9%$2,995
Sep 24$163.3648.5%$1,552
Oct 24$155.0041.9%$1,521
Nov 24$159.4526.7%$1,632
Dec 24$166.5931.5%$1,250
Jan 25$170.0017.2%$726
Feb 25$164.7520%$989
Mar 25$166.0034.5%$951
Apr 25$169.8031%$1,081
May 25$164.9431.2%$1,171
Jun 25$168.3753.8%$1,921

Short-Term Rental Market Performance Analysis for Yelm

The short-term rental market in Yelm demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: strong seasonal variation with peak summer demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Yelm, Washington Housing Market Data

Home Value Trends

Quarterly Home Value Trends in Yelm
QuarterTypical Home Value (USD)
Q2 17$246,970
Q3 17$245,836
Q4 17$254,720
Q1 18$262,475
Q2 18$270,982
Q3 18$280,788
Q4 18$287,014
Q1 19$289,499
Q2 19$292,931
Q3 19$299,382
Q4 19$311,574
Q1 20$323,044
Q2 20$332,625
Q3 20$346,827
Q4 20$371,643
Q1 21$397,055
Q2 21$421,508
Q3 21$436,306
Q4 21$445,801
Q1 22$461,804
Q2 22$482,430
Q3 22$473,487
Q4 22$457,748
Q1 23$448,293
Q2 23$451,630
Q3 23$458,397
Q4 23$461,550
Q1 24$467,492
Q2 24$474,209
Q3 24$476,529
Q4 24$480,078
Q1 25$480,408
Q2 25$474,976
Q3 25$475,136
Q4 25$480,336

Market Overview

  • Typical Home Value:$482,985
  • Median List Price:$480,633

Current Inventory

  • Homes For Sale:99
  • New Listings:30

Detailed Market Analysis

The average home value in Yelm, WA is $482,985, up 0.4% over the past year. Learn more about the Yelm housing market and real estate trends.

Real Estate Market Analysis for Yelm, Washington

The residential real estate market in Yelm, Washington presents unique opportunities for investors and homebuyers alike. Current market dynamics show steady growth patterns in an established market with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: established neighborhoods, community amenities, and transportation accessibility These factors contribute to the overall market performance and future growth potential.

Real estate investments in Yelm, Washington benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Yelm, Washington Rental Market Insights

10-Year Market Growth

Quarterly Short-Term Rental Listing Growth for Yelm
QuarterNumber of Listings
Q3 1614
Q4 1615
Q1 1716
Q2 1716
Q3 1723
Q4 1721
Q1 1822
Q2 1827
Q3 1827
Q4 1826
Q1 1929
Q2 1933
Q3 1938
Q4 1935
Q1 2034
Q2 2038
Q3 2034
Q4 2034
Q1 2131
Q2 2130
Q3 2133
Q4 2131
Q1 2238
Q2 2239
Q3 2247
Q4 2248
Q1 2353
Q2 2348
Q3 2353
Q4 2352
Q1 2446
Q2 2447
Q3 2448
Q4 2452
Q1 2545
Q2 2543

Booking Activity

  • 1-3 Months:68.1% Booked
  • 4-6 Months:44% Booked
  • 7-9 Months:8.3% Booked
  • 10-12 Months:16.7% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Yelm

Yelm vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals flexible booking policies attracting last-minute travelers. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Yelm, Washington Rental Market Composition

Entire Place by Beds

Short-Term Rental Property Distribution by Bedroom Count in Yelm
Bedroom ConfigurationNumber of Properties
Studio4
1 Bed10
2 Beds7
3 Beds6
4 Beds1
5+ Beds1

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Yelm

    The vacation rental market in Yelm features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include a balanced mix of entire homes and private rooms. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Washington

    • Aberdeen
    • Allyn
    • Anacortes
    • Anderson Island
    • Arlington
    • Ashford
    • Auburn
    • Bainbridge Island
    • Baring
    • Battle Ground
    • Belfair
    • Bellevue
    • Bellingham
    • Benton City
    • Blaine
    • Bonney Lake
    • Bothell
    • Bremerton

    Related Short-Term Rental Markets

    Explore 176 vacation rental markets within Washington. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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    Table of Contents

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    Quick Facts: Yelm

    Active STRs
    43
    Avg Daily Rate
    $168
    Occupancy Rate
    54%
    Population
    11,715
    Annual Visitors
    45,000

    Markets in Washington (50)

    • Aberdeen
    • Allyn
    • Anacortes
    • Anderson Island
    • Arlington
    • Ashford
    • Auburn
    • Bainbridge Island
    • Baring
    • Battle Ground
    • Belfair
    • Bellevue
    • Bellingham
    • Benton City
    • Blaine
    • Bonney Lake
    • Bothell
    • Bremerton
    • Brinnon
    • Brush Prairie
    • Burlington
    • Camano Island
    • Camas
    • Carnation
    • Castle Rock
    • Centralia
    • Chattaroy
    • Chehalis
    • Chelan
    • Cheney
    • Clarkston
    • Cle Elum
    • Clinton
    • Colfax
    • Colville
    • Concrete
    • Copalis Beach
    • Coupeville
    • Cusick
    • Deer Park
    • Deming
    • Duvall
    • East Wenatchee
    • Easton
    • Eastsound
    • Eatonville
    • Elbe
    • Ellensburg
    • Enumclaw
    • Everett

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