Kenmore, WA Airbnb Market Data, Statistics, and Occupancy Rates

Kenmore Short-Term Rental Market Overview

Kenmore, WA is a compact short-term rental market with just 22 active Airbnb listings, offering investors a low-competition environment on the north end of Lake Washington. With an average occupancy rate of 43%—well above the 36% Washington state average—and pronounced summer seasonality that pushes monthly revenue past $4,000 in peak months, the market rewards operators who can optimize pricing around seasonal demand. However, average home values near $1.41 million and a below-average revenue-to-price ratio mean investors need to be highly selective in deal sourcing to make the numbers work.

Key Market Statistics

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

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

Why Investors Consider Kenmore

Kenmore attracts investor attention because of its proximity to Seattle, lakefront appeal, and occupancy rates that outperform the Washington state average despite a small listing pool.

Expert Market Assessment

"Kenmore presents a competitive but niche opportunity. The market's ROI score of 42 out of 100 reflects strong occupancy stability and a favorable supply/demand balance, offset by a challenging revenue-to-price ratio given average home values above $1.4 million. Seasonality is pronounced—July and August each generate over $4,000 in average monthly revenue, while January and February dip to around $1,400—so investors should underwrite conservatively and build cash reserves for the quieter winter stretch. For those who can source below-market deals or leverage existing property, the above-average occupancy and limited competition make Kenmore worth a closer look."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Kenmore

Average revenue by month in Kenmore

Kenmore exhibits strong seasonality, with July ($4,128) and August ($4,093) delivering nearly three times the revenue of the slowest months—January ($1,421) and February ($1,400). The shoulder months of May, September, and October provide moderate returns in the $2,200–$2,700 range, giving investors about a six-month window of meaningful cash flow.

Active Airbnb listings by property size in Kenmore

The market's 22 listings skew small: 1-bedroom units account for 9 listings and 2-bedrooms for 5, with no larger property sizes reported. This concentration in smaller units may signal an opportunity for investors willing to offer 3+ bedroom properties to capture group or family travel demand that currently has limited options.

Average daily rate (ADR) by property size in Kenmore

ADR scales meaningfully with size—2-bedroom listings command $132 per night compared to $85 for 1-bedrooms, a 55% premium for just one additional bedroom. This suggests the step up to a 2-bedroom unit offers strong rate leverage relative to the incremental cost.

Average RevPAN by property size in Kenmore

Two-bedroom properties generate $57 in RevPAN versus $31 for 1-bedrooms, reflecting both higher nightly rates and better occupancy. The nearly 2x RevPAN gap makes 2-bedroom units the clearly stronger performer on a per-available-night basis in this market.

Average occupancy rates by property size in Kenmore

Two-bedroom listings maintain a 43% occupancy rate compared to 37% for 1-bedrooms, indicating that the larger configuration attracts more consistent bookings. The 6-percentage-point gap reinforces that 2-bedroom properties offer better cash-flow stability for investors in Kenmore.

Average monthly revenue by property size in Kenmore

Monthly revenue for 2-bedroom units averages $2,425—over 52% more than the $1,593 earned by 1-bedroom listings. For investors weighing acquisition costs against income potential, the 2-bedroom segment delivers materially stronger monthly cash flow.

Average annual revenue by property size in Kenmore

On an annual basis, 2-bedroom properties generate approximately $29,107 compared to $19,127 for 1-bedrooms. Given Kenmore's high home values, the ~$10,000 annual revenue gap between sizes is a critical consideration when underwriting potential deals.

Most common amenities for Airbnb listings in Kenmore

Kitchen and parking each appear in 96% of Kenmore listings, while self check-in and washer access are present in 91%, signaling that guests expect a home-like, self-sufficient experience. Differentiators like hot tubs (14%), lake access (9%), and EV chargers (5%) remain rare, offering potential competitive advantages for hosts who invest in standout features.

Understanding Kenmore's ROI Score: 42/100

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

Kenmore's ROI Score of 42 out of 100 places it in the 'Competitive Opportunity' band, signaling that while demand fundamentals are sound, the economics require careful deal selection. Occupancy stability and supply/demand balance both score above average, but the revenue-to-price ratio and market growth trend fall below average—largely due to home values exceeding $1.4 million against modest annual revenue of roughly $30,500. Investors should pair this data with thorough local regulatory research and focus on sourcing properties meaningfully below the market's average home price to achieve viable returns.

Short-Term Rental Regulations in Kenmore

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

Permit Requirements

Short-term rental operators in Kenmore, WA may need to obtain a business license or STR-specific permit from the City of Kenmore before listing their property. Investors should verify current registration requirements directly with Kenmore's planning or licensing department and check Washington state-level rules that may also apply.

Key Restrictions

Common STR restrictions in similar Washington markets include occupancy limits, noise and nuisance ordinances, parking requirements, and minimum-stay rules. HOA covenants can also prohibit or restrict short-term rentals in certain communities, so reviewing CC&Rs before purchasing is essential.

Tax Obligations

STR hosts in Washington State are generally subject to state sales tax, local lodging taxes, and potentially a tourism promotion area charge. Platforms like Airbnb often collect and remit some of these taxes on hosts' behalf, but operators should confirm their specific obligations with a tax professional familiar with King County requirements.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Kenmore's STR market is likely to remain competitive. Listing counts have surged 156% year-over-year, which could put modest downward pressure on occupancy and ADR as new supply is absorbed. That said, occupancy stability scores above average, and we estimate summer months will continue to deliver $3,700–$4,100 in monthly revenue for well-positioned properties. Investors should plan conservatively for softer winter months, when revenue may dip below $1,500, and focus on differentiation to maintain pricing power in an expanding supply environment."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Kenmore, WA

What is the average Airbnb occupancy rate in Kenmore?

The average Airbnb occupancy rate in Kenmore is currently 43%, which is notably higher than the 36% Washington state average. This above-average occupancy suggests consistent demand relative to the market's small supply of listings, though individual results will vary based on property quality, location, and pricing strategy.

How much do Airbnb hosts make in Kenmore?

Based on trailing 12-month data, the average Airbnb host in Kenmore earns approximately $2,539 per month and $30,477 per year. Revenue is heavily seasonal—hosts can expect to earn over $4,000 per month during peak summer months (July and August), while winter months like January and February may drop to around $1,400.

Is Kenmore a good market for Airbnb investment?

Kenmore carries a Rabbu ROI Score of 42 out of 100, categorized as a 'Competitive Opportunity.' The market benefits from above-average occupancy stability and a favorable supply/demand balance with only 22 active listings. However, average home values near $1.41 million create a challenging revenue-to-price ratio, meaning investors will need to find well-priced properties and operate efficiently to generate attractive returns.

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

The average daily rate for Airbnb listings in Kenmore is $136, which is significantly below the $393 Washington state average. This lower ADR reflects the market's composition of primarily 1- and 2-bedroom properties rather than larger vacation homes. Two-bedroom units command $132 per night on average, while 1-bedroom listings average $85.

Are short-term rentals legal in Kenmore?

Short-term rentals operate in Kenmore, WA, but hosts may need to obtain appropriate permits or licenses from local authorities. Regulations can change, so prospective investors should check directly with the City of Kenmore and review any applicable Washington state requirements before purchasing or listing a property.

When is peak season for Airbnb in Kenmore?

Peak season in Kenmore runs from June through August, with July being the strongest month at an average revenue of $4,128. August follows closely at $4,093, and June rounds out the peak at $3,711. The slowest months are January ($1,421) and February ($1,400), making the summer-to-winter revenue spread nearly 3:1.

How many Airbnbs are there in Kenmore?

As of April 2026, there are 22 active Airbnb listings in Kenmore. This represents a 156% year-over-year increase in listing count. The supply is concentrated in smaller property types, with 9 one-bedroom and 5 two-bedroom listings making up the reported inventory.

How is Airbnb revenue calculated in Kenmore?

The annual and monthly revenue figures for Kenmore are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the remainder up to a market-level historical average. This approach anchors figures to what hosts have actually earned recently while naturally reflecting seasonal peaks (like July's $4,128 average) and slower months (like February's $1,400). Individual results can vary based on property quality, 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 for the Kenmore, WA market
• Average daily rates, occupancy rates, and RevPAN metrics by property size
• Monthly and annual revenue trends based on trailing 12-month booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active short-term rental listings

Sources and disclaimers

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 as of the stated date and may not capture recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.