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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Lynnwood presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Lynnwood, WA sits in the heart of the greater Seattle metro's northside, offering investors access to a suburban market with relatively modest listing counts and proximity to major employment centers. With 76 active Airbnb listings and an average annual revenue of $22,336, the market is compact but competitive — particularly given average home values near $995,281. The ROI score of 49 out of 100 signals a competitive opportunity where selective deal sourcing and the right property configuration can make the difference between a marginal and a worthwhile investment.
According to Rabbu market data, the Lynnwood short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 76 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $148 |
| Average Occupancy Rate | vs. 36% state avg. | 34% |
| RevPAN | ADR * Occupancy Rate | $50 |
| Average Monthly Revenue | Historical 12-month average | $1,861 |
| Average Annual Revenue | Historical 12-month average | $22,336 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Lynnwood attracts investor attention due to its proximity to Seattle's job centers, relatively small supply base, and seasonal revenue upside during the summer months.
Key investment factors
"Lynnwood presents a moderate opportunity for STR investors who are willing to be strategic about property selection and pricing. The market's clear summer seasonality — with August revenues peaking at $3,170 and February dipping to $1,064 — means cash-flow planning should account for a roughly 3:1 spread between peak and off-peak months. Three-bedroom units stand out as the strongest performers when balancing occupancy (40%) and RevPAN ($87), while four-bedroom properties command higher absolute revenue but suffer from lower occupancy at 20%. The below-average revenue-to-price ratio is the primary headwind here, reflecting high home values relative to achievable rental income."
— Rabbu Market Analysis Team
Lynnwood's revenue peaks sharply in the summer, with August leading at $3,170 and July close behind at $3,001, while February marks the low point at $1,064. This nearly 3:1 seasonal spread means investors need to budget carefully for quieter winter months and maximize pricing during the June–August window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,163 |
| February |
|
$1,064 |
| March |
|
$1,338 |
| April |
|
$1,371 |
| May |
|
$1,735 |
| June |
|
$2,492 |
| July |
|
$3,001 |
| August |
|
$3,170 |
| September |
|
$2,155 |
| October |
|
$1,639 |
| November |
|
$1,521 |
| December |
|
$1,681 |
One-bedroom listings dominate Lynnwood's supply at 34 of 76 total listings, while three- and four-bedroom properties are comparatively scarce at 12 and 11 units respectively. The limited supply of larger homes could represent an opportunity for investors, especially given their stronger revenue metrics.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
34 |
| 2 bedrooms |
|
16 |
| 3 bedrooms |
|
12 |
| 4 bedrooms |
|
11 |
ADR scales steadily from $85 for one-bedroom units up to $260 for four-bedrooms, with the jump from two to three bedrooms ($137 to $221) representing the steepest incremental gain. Three-bedroom properties appear to offer the strongest premium relative to the additional cost of a larger unit.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$85 |
| 2 bedrooms |
|
$137 |
| 3 bedrooms |
|
$221 |
| 4 bedrooms |
|
$260 |
Three-bedroom properties deliver the highest RevPAN at $87, nearly double the two-bedroom figure of $45 and significantly above the four-bedroom $51. The four-bedroom RevPAN drop-off despite higher ADR reflects their much lower occupancy, making three-bedrooms the most efficient earners on a per-available-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$30 |
| 2 bedrooms |
|
$45 |
| 3 bedrooms |
|
$87 |
| 4 bedrooms |
|
$51 |
Three-bedroom listings lead occupancy at 40%, followed by one-bedrooms at 36% and two-bedrooms at 33%, while four-bedroom properties trail notably at just 20%. The low four-bedroom occupancy suggests softer demand for larger properties and potential cash-flow volatility for investors in that segment.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
36% |
| 2 bedrooms |
|
33% |
| 3 bedrooms |
|
40% |
| 4 bedrooms |
|
20% |
Monthly revenue increases with property size, from $983 for one-bedrooms up to $4,543 for four-bedroom units. However, the revenue gap between three-bedrooms ($2,780) and four-bedrooms ($4,543) should be weighed against the significantly lower occupancy rate for four-bedroom properties.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$983 |
| 2 bedrooms |
|
$1,811 |
| 3 bedrooms |
|
$2,780 |
| 4 bedrooms |
|
$4,543 |
Four-bedroom properties generate the highest annual revenue at $54,519, followed by three-bedrooms at $33,368, but the revenue-to-occupancy trade-off makes three-bedrooms more attractive on a risk-adjusted basis. One-bedroom units at $11,801 annually may struggle to justify Lynnwood's high property prices.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$11,801 |
| 2 bedrooms |
|
$21,741 |
| 3 bedrooms |
|
$33,368 |
| 4 bedrooms |
|
$54,519 |
Parking is universal across Lynnwood listings at 100%, followed by kitchen (92%), workspace (84%), and washer/self check-in (both 82%), signaling a market oriented toward extended stays and business travelers who value practical amenities. Differentiators like pet-friendliness (30%), BBQ grills (24%), and lake access (15%) are less common and could help listings stand out from the competition.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
92% |
| Workspace |
|
84% |
| Washer |
|
82% |
| Self Check-in |
|
82% |
| Dryer |
|
75% |
| Backyard |
|
72% |
| Patio or Balcony |
|
53% |
| Outdoor Furniture |
|
33% |
| Pets |
|
30% |
| BBQ Grill |
|
24% |
| Lake Access |
|
15% |
| EV Charger |
|
11% |
| Waterfront |
|
9% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Lynnwood Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Lynnwood's ROI score of 49 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand exists but higher home prices compress returns. The below-average revenue-to-price ratio is the primary drag on the score, while occupancy stability, market growth, and supply/demand balance all register as average. Investors should pair this data with thorough local regulatory research and target property configurations — particularly three-bedrooms — that maximize RevPAN to offset the elevated entry costs.
Understanding local STR regulations is essential before investing in Lynnwood. Here's the current regulatory landscape:
The City of Lynnwood and Snohomish County 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 permit requirements directly with the City of Lynnwood's planning or licensing department and Washington State authorities.
Common STR restrictions in the Lynnwood area may include occupancy limits, minimum stay requirements, noise ordinances, and designated parking standards. HOA rules can impose additional limitations — particularly in condominium complexes — so reviewing CC&Rs before purchasing is essential. Some jurisdictions in Washington also cap the number of STR permits issued per area or per owner.
Short-term rental operators in Washington State are generally subject to state sales tax, local lodging taxes, and potentially a special hotel/motel tax. Platforms like Airbnb often collect and remit a portion of these taxes on behalf of hosts, but operators should confirm their full tax obligations with the Washington Department of Revenue and Snohomish County.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lynnwood can provide current regulatory guidance.
Financing an Airbnb investment in Lynnwood requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Lynnwood's STR market is expected to benefit from continued suburban demand tied to Seattle-area employment and ongoing development around the Lynnwood Link light rail extension. Seasonal patterns suggest revenues will remain concentrated in the June–August window, with monthly earnings potentially reaching $2,500–$3,200 during peak summer months. Occupancy rates may hold steady around 33–36%, and modest ADR increases of 1–3% are plausible if supply growth doesn't outpace demand. Investors should note that year-over-year listing growth of 115% indicates rising competition, which could pressure occupancy and pricing if supply continues to accelerate."
— 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 market conditions as of April 2026; actual performance may differ due to changing local regulations, economic conditions, or competitive dynamics. Individual property results will vary based on location, property condition, pricing strategy, and management quality.
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