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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Nine Mile Falls offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Nine Mile Falls, WA is a compact short-term rental market with just 12 active Airbnb listings and an average annual revenue of $33,953 per property. While the average daily rate of $220 sits well below Washington's $393 state average, the market benefits from a favorable supply/demand balance and proximity to outdoor recreation along the Spokane River corridor. With average home values at $726,750 and a pronounced summer peak, this market rewards investors who can optimize for seasonal demand and differentiate their properties.
According to Rabbu market data, the Nine Mile Falls short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 12 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $220 |
| Average Occupancy Rate | vs. 36% state avg. | 23% |
| RevPAN | ADR * Occupancy Rate | $49 |
| Average Monthly Revenue | Historical 12-month average | $2,829 |
| Average Annual Revenue | Historical 12-month average | $33,953 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Nine Mile Falls appeals to investors seeking a low-competition, nature-oriented market where favorable supply/demand dynamics offset below-average occupancy.
Key investment factors
"Nine Mile Falls presents a moderate opportunity for STR investors willing to lean into its seasonal rhythm. Revenue swings significantly from a winter low of roughly $1,490 in January to a summer high of $4,133 in August — a nearly three-to-one spread that underscores the importance of dynamic pricing and cost management during slower months. The market's ROI score of 55 out of 100 reflects average revenue-to-price performance and below-average occupancy stability, balanced by a supply/demand ratio that currently favors hosts. Investors who can secure properties with compelling outdoor amenities and manage expenses through the off-season are best positioned to capture the upside here."
— Rabbu Market Analysis Team
Revenue in Nine Mile Falls follows a sharp seasonal curve, peaking at $4,133 in August and bottoming out at $1,490 in January — a spread of nearly $2,650. The May-through-September stretch consistently delivers above-average monthly income, making summer optimization critical for profitability.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,490 |
| February |
|
$1,715 |
| March |
|
$2,733 |
| April |
|
$2,487 |
| May |
|
$3,154 |
| June |
|
$3,657 |
| July |
|
$4,053 |
| August |
|
$4,133 |
| September |
|
$3,114 |
| October |
|
$2,934 |
| November |
|
$2,272 |
| December |
|
$2,206 |
Detailed property size breakdowns are not available for this market due to the small number of active listings. With only 12 total properties, the supply is limited enough that individual listings can meaningfully shift distribution.
| Size | Trend | Value |
|---|
Property-size-specific ADR data is not available for Nine Mile Falls at this time. The overall market ADR of $220 serves as the baseline reference point for investors evaluating pricing potential.
| Size | Trend | Value |
|---|
RevPAN breakdowns by bedroom count are not currently available for this market. The overall market RevPAN of $49 reflects the combined effect of a $220 ADR and 23% occupancy rate.
| Size | Trend | Value |
|---|
Occupancy data by property size is not available for Nine Mile Falls. The market-wide average of 23% indicates significant room for improvement through better pricing strategies and amenity differentiation.
| Size | Trend | Value |
|---|
Monthly revenue breakdowns by bedroom count are not available due to the small inventory in this market. Investors should evaluate individual property performance relative to the $2,829 market-wide monthly average.
| Size | Trend | Value |
|---|
Annual revenue data by property size is not currently available. The market-wide average of $33,953 per year provides a useful benchmark, though properties with premium features like lake access or waterfront positioning may outperform.
| Size | Trend | Value |
|---|
Kitchens appear in 100% of listings and parking in 92%, reflecting the rural, self-sufficient nature of stays in Nine Mile Falls. Lake access (42%) and waterfront positioning (33%) stand out as differentiating amenities that align with the outdoor recreation appeal driving guest demand in this area.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
92% |
| Self Check-in |
|
75% |
| Patio or Balcony |
|
67% |
| Workspace |
|
58% |
| Washer |
|
58% |
| Outdoor Furniture |
|
58% |
| BBQ Grill |
|
58% |
| Backyard |
|
58% |
| Dryer |
|
50% |
| Lake Access |
|
42% |
| Waterfront |
|
33% |
| Hot Tub |
|
25% |
| Pets |
|
17% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Nine Mile Falls Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Nine Mile Falls earns a 55 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band. The score reflects average revenue-to-price and market growth metrics alongside an above-average supply/demand balance, though below-average occupancy stability tempers the outlook. Investors should pair this data with thorough local regulatory research and property-level due diligence to determine whether the seasonal cash-flow profile aligns with their investment goals.
Understanding local STR regulations is essential before investing in Nine Mile Falls. Here's the current regulatory landscape:
Short-term rental operators in Nine Mile Falls, WA may need to obtain permits or register with Spokane County or local jurisdictions before listing their property. Investors should verify current requirements with the county and the Washington State Department of Revenue before operating.
Common STR restrictions in similar Washington markets include occupancy limits, noise ordinances, parking requirements, and minimum-stay rules. HOA covenants may also apply to certain properties and can impose additional limitations or outright prohibitions on short-term rentals.
Hosts in Washington State are typically subject to state sales tax, lodging taxes, and potentially local tourism assessments on short-term rental income. Major platforms like Airbnb often collect and remit some of these taxes automatically, but operators should confirm their full obligations with a tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Nine Mile Falls can provide current regulatory guidance.
Financing an Airbnb investment in Nine Mile Falls requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Nine Mile Falls should continue to see its strongest performance during the June–August window, where monthly revenues historically top $3,600–$4,100. The 117% year-over-year growth in active listings signals rising investor interest, which could moderate occupancy rates from their current 23% unless demand keeps pace. Investors entering this market may want to target properties with lake access or waterfront appeal to capture premium bookings, and should anticipate ADR holding steady or seeing modest 1–3% gains as the market matures."
— 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 performance and market conditions may have shifted since the most recent update. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before investing.
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