Browse Airbnbs for Sale
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Freeland presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Freeland, WA — a small community on Whidbey Island — operates as a highly seasonal short-term rental market with 50 active Airbnb listings and an average annual revenue of $44,071 per property. With an ADR of $270 (below the $393 Washington state average) and occupancy sitting at 28%, the market rewards investors who can capture summer demand effectively. The 135% year-over-year growth in active listings signals rising investor interest, though higher home values averaging $1,326,511 create a challenging revenue-to-price ratio that demands careful deal sourcing.
According to Rabbu market data, the Freeland short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 50 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $270 |
| Average Occupancy Rate | vs. 36% state avg. | 28% |
| RevPAN | ADR * Occupancy Rate | $76 |
| Average Monthly Revenue | Historical 12-month average | $3,672 |
| Average Annual Revenue | Historical 12-month average | $44,071 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Freeland draws STR investors seeking to capitalize on Whidbey Island's seasonal vacation demand in a market where competition is growing but supply remains modest at just 50 listings.
Key investment factors
"Freeland presents a competitive but niche opportunity shaped by extreme seasonality and elevated home prices. Revenue peaks sharply in July and August — together those two months account for roughly 30% of annual earnings — while the winter months can test an investor's cash reserves. The ROI score of 46 out of 100 reflects below-average revenue-to-price ratios and occupancy stability, though the market's growth trend and supply-demand balance remain at average levels. Investors who target larger properties (particularly 4-bedrooms at $74,315/year) and optimize pricing around the summer surge stand the best chance of making the numbers work."
— Rabbu Market Analysis Team
Freeland displays sharp seasonality, with August ($7,180) generating roughly four times the revenue of January ($1,783). The June-through-September window accounts for the lion's share of annual income, making summer pricing optimization and off-season cost management critical for profitability.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,783 |
| February |
|
$2,191 |
| March |
|
$2,713 |
| April |
|
$3,093 |
| May |
|
$3,595 |
| June |
|
$4,330 |
| July |
|
$6,248 |
| August |
|
$7,180 |
| September |
|
$4,508 |
| October |
|
$3,184 |
| November |
|
$2,660 |
| December |
|
$2,580 |
Three-bedroom properties dominate supply with 17 of the 50 active listings, followed by 2-bedrooms (13) and 1-bedrooms (8). Four-bedroom units are the scarcest at just 6 listings, which — paired with their significantly higher revenue — could signal an underserved niche for investors willing to acquire larger homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
8 |
| 2 bedrooms |
|
13 |
| 3 bedrooms |
|
17 |
| 4 bedrooms |
|
6 |
ADR nearly triples from 1-bedroom ($141) to 4-bedroom ($390) properties, showing a strong premium for larger units. The jump from 3-bedrooms ($255) to 4-bedrooms ($390) is especially notable at $135 per night, suggesting guests are willing to pay substantially more for added space — likely groups or families booking island retreats.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$141 |
| 2 bedrooms |
|
$227 |
| 3 bedrooms |
|
$255 |
| 4 bedrooms |
|
$390 |
Two-bedroom and 4-bedroom listings deliver the strongest RevPAN at $91 and $93 respectively, reflecting a favorable balance of rate and occupancy. One-bedroom units lag significantly at $28 RevPAN, indicating these smaller properties struggle to fill enough nights to generate competitive per-night revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$28 |
| 2 bedrooms |
|
$91 |
| 3 bedrooms |
|
$72 |
| 4 bedrooms |
|
$93 |
Two-bedroom properties lead occupancy at 40% — notably higher than 3-bedrooms (28%) and 4-bedrooms (24%), and double the 1-bedroom rate of 20%. For investors prioritizing cash-flow consistency over peak revenue, 2-bedroom units offer the steadiest booking pipeline in this seasonal market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
20% |
| 2 bedrooms |
|
40% |
| 3 bedrooms |
|
28% |
| 4 bedrooms |
|
24% |
Four-bedroom listings top the monthly revenue chart at $6,192, nearly double the 2-bedroom average of $3,496 and well ahead of 3-bedrooms at $3,966. One-bedroom units at $1,603/month may struggle to cover carrying costs on high-value Whidbey Island properties, making larger configurations the more viable investment play.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,603 |
| 2 bedrooms |
|
$3,496 |
| 3 bedrooms |
|
$3,966 |
| 4 bedrooms |
|
$6,192 |
Annual revenue scales sharply with size: 4-bedroom properties earn $74,315 — roughly 77% more than 3-bedrooms ($47,597) and nearly four times the 1-bedroom figure of $19,241. Given Freeland's elevated home values, the 4-bedroom segment offers the strongest absolute return potential, though investors should weigh higher acquisition and maintenance costs accordingly.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$19,241 |
| 2 bedrooms |
|
$41,960 |
| 3 bedrooms |
|
$47,597 |
| 4 bedrooms |
|
$74,315 |
Parking is universal (100%) and kitchens nearly so (96%), reflecting guest expectations for self-contained island stays. Outdoor amenities dominate — patios (86%), outdoor furniture (86%), backyards (82%), and BBQ grills (64%) are standard, signaling that guests come to Freeland for an outdoor-oriented experience; waterfront access (30%) and hot tubs (22%) serve as meaningful differentiators for listings that offer them.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
96% |
| Patio or Balcony |
|
86% |
| Outdoor Furniture |
|
86% |
| Backyard |
|
82% |
| Dryer |
|
80% |
| Washer |
|
80% |
| Self Check-in |
|
78% |
| BBQ Grill |
|
64% |
| Workspace |
|
56% |
| Pets |
|
50% |
| Waterfront |
|
30% |
| Beach Access |
|
28% |
| Hot Tub |
|
22% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Freeland Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Freeland's ROI score of 46 out of 100 places it in the "Competitive Opportunity" band, where strong investor interest meets real headwinds on returns. The below-average revenue-to-price ratio — driven by home values above $1.3 million against $44,071 in average annual revenue — is the primary drag, compounded by below-average occupancy stability tied to the market's pronounced seasonality. Investors should pair this data with thorough local regulatory research and focus on deal sourcing that brings acquisition costs well below market averages to make the numbers pencil out.
Understanding local STR regulations is essential before investing in Freeland. Here's the current regulatory landscape:
Short-term rental operators in Freeland, located in unincorporated Island County, Washington, may need to obtain a business license and register their rental with the county. Investors should verify current permit and registration requirements directly with Island County's planning and community development office before listing a property.
Common restrictions that may apply include occupancy limits based on property size, minimum stay requirements, noise and nuisance provisions, parking mandates, and signage rules. HOA or community covenants on Whidbey Island can impose additional STR limitations, so reviewing any deed restrictions is essential before purchasing.
Washington State requires collection of lodging tax and applicable state and local sales taxes on short-term rentals, and Island County may impose its own tourism or lodging tax. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligation with the state Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Freeland can provide current regulatory guidance.
Financing an Airbnb investment in Freeland requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Freeland's STR performance will likely continue to hinge on its pronounced summer season, with peak revenues concentrated in July and August. Occupancy may face slight downward pressure as the 135% surge in new listings works through the market, though ADR could hold steady or edge up 1–3% as the island's appeal to Pacific Northwest vacationers remains intact. Investors entering now should plan for monthly revenues ranging from roughly $1,800 in winter to over $7,000 in peak summer, and budget conservatively for the slower November-through-February stretch."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.
Ready to invest in Freeland's short-term rental market? Take action with these resources:
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesWork with specialized agents who've helped investors acquire over $650M in STR properties.
Find an AgentQualify for as low as 15% down on a DSCR loan using the rental property's projected income.
Find a Lender