Gig Harbor, WA Airbnb Market Data, Statistics, and Occupancy Rates

Gig Harbor Short-Term Rental Market Overview

Gig Harbor, WA offers a picturesque waterfront setting on the Puget Sound that draws leisure travelers, remote workers, and weekend visitors from the greater Tacoma–Seattle corridor. With an average annual revenue of $40,825 across 93 active listings and a market-wide ADR of $253, the market delivers meaningful income potential — though elevated home values averaging $1,217,101 mean investors need to be strategic about property selection and deal sourcing. Occupancy stability scores above average, suggesting consistent demand even outside peak summer months, but a 67% year-over-year increase in active listings signals growing competition that warrants careful analysis.

Key Market Statistics

According to Rabbu market data, the Gig Harbor short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Gig Harbor

Gig Harbor attracts investor interest thanks to its scenic waterfront appeal, above-average occupancy stability, and proximity to the Seattle–Tacoma metro, though high property prices demand careful deal selection.

Expert Market Assessment

"Gig Harbor presents a competitive opportunity where demand fundamentals are encouraging but high entry costs temper the return profile. Revenue peaks sharply in summer — August leads at $5,476 per month, more than double the January low of $2,410 — creating a market with pronounced seasonality that rewards hosts who optimize pricing during June through September. The supply side deserves close attention: listing counts have surged 67% year over year, and the revenue-to-price ratio currently sits below average given home values exceeding $1.2 million. Investors who target the right property size and location, particularly larger homes in waterfront or scenic settings, stand the best chance of generating returns that justify the premium entry price."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Gig Harbor

Average revenue by month in Gig Harbor

Gig Harbor exhibits strong seasonality, with August ($5,476) and July ($5,017) leading the year and January ($2,410) marking the lowest point — a peak-to-trough spread of over $3,000. The June–September window accounts for the bulk of annual earnings, making summer pricing optimization critical for maximizing returns.

Active Airbnb listings by property size in Gig Harbor

Two-bedroom listings dominate supply with 34 of the 93 active listings, followed by 1-bedrooms at 21. Larger properties (3- and 4-bedrooms) are comparatively scarce at 16 and 12 listings respectively, which could represent an opportunity given their significantly higher revenue potential.

Average daily rate (ADR) by property size in Gig Harbor

ADR climbs steadily with property size, from $153 for 1-bedrooms to $341 for 4-bedrooms, with the sharpest jump occurring between 2-bedrooms ($204) and 3-bedrooms ($324). Studios command a surprisingly competitive $195 ADR, though their low occupancy undermines the rate advantage.

Average RevPAN by property size in Gig Harbor

Revenue per available night scales almost linearly with size, from $25 for studios to $112 for 4-bedroom properties. The gap between 3-bedrooms ($95) and 4-bedrooms ($112) suggests that the largest homes extract a meaningful per-night premium even after accounting for their occupancy rates.

Average occupancy rates by property size in Gig Harbor

Occupancy is remarkably consistent across 1- through 4-bedroom properties, ranging from 29% to 33%, while studios are a clear outlier at just 13%. This consistency means that revenue differences across property sizes are driven primarily by rate rather than fill rate, and studios appear to face a fundamental demand challenge in this market.

Average monthly revenue by property size in Gig Harbor

Four-bedroom homes lead with $5,405 in average monthly revenue, followed by 3-bedrooms at $4,448 — both well above the market average of $3,402. One-bedroom units at $1,677 per month may struggle to cover carrying costs on Gig Harbor's high-value properties, underscoring the importance of sizing up when investing here.

Average annual revenue by property size in Gig Harbor

Annual revenue ranges from $20,130 for 1-bedrooms to $64,866 for 4-bedroom homes, with each step up in bedroom count delivering roughly $12,000–$14,000 in additional yearly income. Against average home values of $1,217,101, even the top-performing 4-bedroom tier yields a modest gross return, reinforcing the need for disciplined acquisition pricing.

Most common amenities for Airbnb listings in Gig Harbor

Parking is nearly universal at 99% of listings, reflecting Gig Harbor's car-dependent geography, while kitchens (88%), washer/dryer (79–81%), and outdoor living spaces like patios (77%) and backyards (71%) set the baseline guest expectation. Differentiating amenities like waterfront access (39%), pet-friendliness (34%), beach access (31%), and hot tubs (19%) are less common and could help newer listings stand out in an increasingly competitive market.

Understanding Gig Harbor's ROI Score: 54/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Gig Harbor's ROI Score of 54 out of 100 places it in the 'Competitive Opportunity' band, signaling that while demand and occupancy stability are genuine strengths (both above average), the revenue-to-price ratio and supply/demand balance score below average — a reflection of high home values and the 67% surge in new listings. Investors can find viable deals here, but success depends on sourcing properties below the market's median price point or targeting underserved larger formats that command premium rates. Pairing this data with thorough local regulatory research and conservative underwriting will help separate profitable opportunities from overpriced entries.

Short-Term Rental Regulations in Gig Harbor

Understanding local STR regulations is essential before investing in Gig Harbor. Here's the current regulatory landscape:

Permit Requirements

Gig Harbor, Washington may require short-term rental operators to obtain a business license or STR-specific permit before listing a property. Investors should verify current registration and permitting requirements directly with the City of Gig Harbor and Pierce County, as rules can change and may differ between incorporated city limits and unincorporated areas.

Key Restrictions

Common restrictions in Washington STR markets can include occupancy limits tied to bedroom count, minimum-stay requirements, noise and nuisance ordinances, parking provisions, and signage rules. Homeowners' associations in Gig Harbor's waterfront and residential communities may impose their own additional limitations or outright bans on short-term rentals, so reviewing CC&Rs before purchasing is strongly recommended.

Tax Obligations

Short-term rental hosts in Washington State are typically subject to state sales tax, a local lodging tax, and potentially a tourism promotion area assessment. Many booking platforms remit some or all of these taxes on the host's behalf, but operators should confirm their specific obligations with the Washington Department of Revenue and local tax authorities.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Gig Harbor can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Gig Harbor's short-term rental market is expected to benefit from continued leisure demand during the strong summer season, with peak monthly revenues likely remaining in the $5,000–$5,500 range for the typical listing. The above-average market growth trend suggests ADR could see modest increases of 1–3%, though the rapid supply expansion (67% listing growth year over year) may put downward pressure on occupancy unless demand keeps pace. Investors entering this market should anticipate occupancy settling in the 28–33% range market-wide, with larger properties maintaining a slight edge. Seasonal softness from November through March will remain the primary cash-flow challenge, so budgeting for those leaner months is essential."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Gig Harbor, WA

What is the average Airbnb occupancy rate in Gig Harbor?

The average occupancy rate for Airbnb listings in Gig Harbor is currently 30%, which trails the Washington state average of 36%. That said, occupancy stability in Gig Harbor rates above average, meaning demand tends to be relatively consistent rather than wildly unpredictable. Occupancy varies by property size — 4-bedroom homes lead at 33%, while studios lag significantly at just 13%. Investors can typically improve on market-average occupancy through competitive pricing, strong amenities, and responsive guest communication.

How much do Airbnb hosts make in Gig Harbor?

The average Airbnb host in Gig Harbor earns approximately $3,402 per month or $40,825 per year based on trailing 12-month booking data. Revenue varies significantly by property size: 4-bedroom homes average $5,405 per month ($64,866 annually), while 1-bedroom units average $1,677 per month ($20,130 annually). Summer months are the strongest earning period, with August averaging $5,476 and July averaging $5,017 across all listings.

Is Gig Harbor a good market for Airbnb investment?

Gig Harbor scores a 54 out of 100 on Rabbu's ROI Score, categorized as a 'Competitive Opportunity.' The market benefits from above-average occupancy stability and a positive growth trend, but the revenue-to-price ratio is below average due to home values averaging around $1,217,101. This means deal selection matters more here than in lower-cost markets. Investors who focus on larger properties (3–4 bedrooms) in desirable waterfront or scenic locations tend to see the strongest returns, but thorough due diligence on purchase price relative to expected revenue is essential.

What is the average daily rate (ADR) for Airbnb in Gig Harbor?

The average daily rate in Gig Harbor is $253, which is well below the Washington state average of $393. ADR scales meaningfully with property size: studios average $195, 1-bedrooms come in at $153, 2-bedrooms at $204, 3-bedrooms at $324, and 4-bedrooms at $341. The jump from 2 to 3 bedrooms is especially notable, reflecting the premium guests are willing to pay for larger group-friendly homes in this market.

Are short-term rentals legal in Gig Harbor?

Short-term rentals do operate in Gig Harbor, WA, with 93 active Airbnb listings currently tracked in the market. However, local regulations, permitting requirements, and zoning rules can change, so investors should verify the latest rules directly with the City of Gig Harbor, Pierce County, and any applicable homeowners' associations before purchasing. Washington State also imposes tax obligations on STR operators that must be accounted for in your financial planning.

When is peak season for Airbnb in Gig Harbor?

Peak season in Gig Harbor runs from June through August, with August being the highest-earning month at $5,476 in average revenue, followed by July at $5,017 and June at $4,126. September also performs above the annual average at $3,886. The slowest months are January ($2,410) and February ($2,463). This means the summer months generate roughly double the revenue of the winter low season, so pricing strategy and minimum-stay adjustments during shoulder and off-peak periods are important for maximizing annual returns.

How many Airbnbs are there in Gig Harbor?

There are currently 93 active Airbnb listings in Gig Harbor as of April 2026. The supply has grown 67% year over year, indicating significant new host activity. Two-bedroom properties make up the largest share of inventory with 34 listings, followed by 1-bedrooms (21), 3-bedrooms (16), 4-bedrooms (12), and studios (5). The rapid supply growth is worth monitoring, as increased competition could put pressure on occupancy rates and pricing power.

How is Airbnb revenue calculated in Gig Harbor?

The annual and monthly revenue figures shown for Gig Harbor are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remaining data up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks (like August at $5,476) and slower months (like January at $2,410), since each month uses its own historical performance window. Individual results can vary meaningfully based on property quality, location, pricing strategy, and operational management.

About Rabbu Market Data

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.

What this data includes

• Regularly updated active Airbnb and STR listing counts, occupancy rates, and daily rates for the Gig Harbor market
• Historical revenue and yield metrics based on trailing 12-month booking performance of comparable listings
• Property size breakdowns including ADR, RevPAN, occupancy, and revenue by bedroom count
• Amenity prevalence data across active listings to benchmark guest expectations
• Home value data sourced from Zillow Home Value Index (ZHVI) for investment return context

Sources and disclaimers

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 is sourced from Rabbu proprietary analytics and Zillow as of April 2026 and March 2026 respectively; market conditions may have shifted since these dates. Local regulations, tax obligations, and permitting requirements are subject to change — always verify with municipal and state authorities before investing.