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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Grayland offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Grayland, WA is a small coastal community where favorable property prices relative to STR revenue create an above-average revenue-to-price ratio — one of the strongest draws for investors eyeing this Pacific Northwest beach market. With just 38 active Airbnb listings and average annual revenue of $28,143 against home values averaging $437,306, the math can work for investors who target the right property size and manage seasonal swings effectively. The market's intimate scale and beach-town appeal position it as an intriguing niche opportunity rather than a high-volume play.
According to Rabbu market data, the Grayland short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 38 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $200 |
| Average Occupancy Rate | vs. 36% state avg. | 27% |
| RevPAN | ADR * Occupancy Rate | $53 |
| Average Monthly Revenue | Historical 12-month average | $2,345 |
| Average Annual Revenue | Historical 12-month average | $28,143 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Grayland's combination of relatively affordable coastal properties and a strong revenue-to-price ratio makes it compelling for investors seeking beach-market exposure without the price tags of more saturated destinations.
Key investment factors
"Grayland earns an "Attractive Opportunity" designation, driven primarily by its above-average revenue-to-price ratio — the single most weighted factor in the ROI analysis. However, occupancy stability is below average, reflecting the sharp seasonal drop-off that takes monthly revenue from $5,703 in August down to $890 in January. Investors who can absorb or plan around five to six softer months will find the summer peak quite rewarding, particularly with three-bedroom properties that pull in nearly $4,050 per month on average. The opportunity here is real but best suited for those comfortable with a beach-market rhythm rather than steady year-round cash flow."
— Rabbu Market Analysis Team
Grayland's revenue is sharply seasonal, peaking at $5,703 in August — more than six times the January low of $890. The summer months of July and August alone account for a disproportionate share of annual earnings, so investors should plan their cash flow around a roughly five-month window from May through September for the bulk of their income.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$890 |
| February |
|
$1,237 |
| March |
|
$1,625 |
| April |
|
$2,193 |
| May |
|
$1,808 |
| June |
|
$2,319 |
| July |
|
$4,579 |
| August |
|
$5,703 |
| September |
|
$2,750 |
| October |
|
$1,875 |
| November |
|
$1,638 |
| December |
|
$1,520 |
Supply is split fairly evenly between 2-bedroom and 3-bedroom units (11 each), with 8 one-bedroom listings rounding out the market. The relatively balanced distribution suggests no single size dominates, though the small total count of 38 listings means even a few new entries in any category could shift competitive dynamics.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
8 |
| 2 bedrooms |
|
11 |
| 3 bedrooms |
|
11 |
ADR scales meaningfully with size: 1-bedroom units average $102, 2-bedrooms hit $182, and 3-bedroom properties command $238 per night. The jump from 2 to 3 bedrooms adds $56 in nightly rate, which — combined with stronger occupancy — makes larger properties the clear premium play in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$102 |
| 2 bedrooms |
|
$182 |
| 3 bedrooms |
|
$238 |
Three-bedroom properties deliver the strongest RevPAN at $82, outpacing 1-bedrooms ($39) by more than double and 2-bedrooms ($15) by a wide margin. The unusually low 2-bedroom RevPAN reflects that size category's 8% occupancy rate, suggesting those units may be underperforming or inconsistently managed.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$39 |
| 2 bedrooms |
|
$15 |
| 3 bedrooms |
|
$82 |
One-bedroom units lead in occupancy at 39%, followed closely by 3-bedrooms at 35%, while 2-bedroom listings lag dramatically at just 8%. The weak 2-bedroom occupancy is a notable outlier that investors should investigate further — it may reflect pricing misalignment, seasonal-only availability, or quality issues among current listings.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
39% |
| 2 bedrooms |
|
8% |
| 3 bedrooms |
|
35% |
Three-bedroom properties are the clear top earners at $4,049 per month on average, nearly 2.5 times the $1,620 that 2-bedroom units generate and more than 3.5 times the $1,129 from 1-bedrooms. For investors targeting meaningful monthly cash flow, the data strongly favors larger properties in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,129 |
| 2 bedrooms |
|
$1,620 |
| 3 bedrooms |
|
$4,049 |
At $48,599 in average annual revenue, 3-bedroom properties earn roughly 2.5 times what 2-bedrooms generate ($19,450) and 3.6 times what 1-bedrooms bring in ($13,552). Given that home price differences between sizes may not scale proportionally, 3-bedroom units likely offer the most compelling return potential in Grayland.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$13,552 |
| 2 bedrooms |
|
$19,450 |
| 3 bedrooms |
|
$48,599 |
Kitchens (100%), parking (97%), and self check-in (92%) are essentially table stakes for Grayland listings, reflecting a market geared toward self-sufficient vacation stays. Pet-friendliness at 82% and beach access at 58% stand out as differentiators that align with the coastal, family-and-pet-friendly character of the area — investors without these features may struggle to compete.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
97% |
| Self Check-in |
|
92% |
| Patio or Balcony |
|
82% |
| Pets |
|
82% |
| Backyard |
|
76% |
| Washer |
|
68% |
| BBQ Grill |
|
58% |
| Beach Access |
|
58% |
| Dryer |
|
58% |
| Outdoor Furniture |
|
58% |
| Hot Tub |
|
32% |
| Workspace |
|
21% |
| EV Charger |
|
18% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Grayland Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Grayland's ROI score of 67 out of 100 places it in the "Attractive Opportunity" band, largely powered by an above-average revenue-to-price ratio — the most heavily weighted factor at 40%. Occupancy stability pulls the score down, reflecting the pronounced seasonal swings that take this coastal market from summer highs to winter lows. Investors should pair these metrics with local regulatory research and realistic off-season budgeting to confirm whether the numbers align with their return targets.
Understanding local STR regulations is essential before investing in Grayland. Here's the current regulatory landscape:
Short-term rental operators in Grayland, WA may need to obtain permits or register with Grays Harbor County or the state of Washington before listing their property. Investors should verify current requirements directly with local planning and licensing offices, as rules can change.
Common STR restrictions in Washington coastal communities can include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA covenants may impose additional constraints, so it's wise to review any applicable community rules before purchasing a property intended for short-term rental use.
Washington State imposes lodging taxes and sales taxes on short-term rentals, and Grays Harbor County may levy additional local lodging taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm they're meeting all state and county obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Grayland can provide current regulatory guidance.
Financing an Airbnb investment in Grayland requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Grayland's STR market is likely to follow its established seasonal pattern, with the bulk of revenue concentrated in the July–September window. ADR may see modest movement in the range of 1–3% as supply grows — active listings have increased roughly 107% year over year, which could put some downward pressure on occupancy unless demand keeps pace. Investors entering now should plan conservatively around off-season occupancy in the 20–30% range and budget for the reality that winter months may generate under $1,000. Overall market growth trends remain average, suggesting steady but unspectacular expansion rather than a boom."
— 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots; market conditions can shift due to regulatory changes, economic factors, or seasonal variations. Individual property results will vary based on location, condition, management quality, and pricing strategy.
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