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

As of Apr, 27 2026

Rabbu ROI Score

47 / 100

Olga presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.

Olga Short-Term Rental Market Overview

Olga, WA — a small community on Orcas Island in the San Juan Islands — is a niche short-term rental market with just 17 active Airbnb listings and pronounced summer seasonality. Average annual revenue sits at $43,889, driven by a dramatic peak season where August bookings can generate over $7,500 per listing. With average home values near $1.67 million, the revenue-to-price ratio is tight, making deal selection critical for investors eyeing this scenic Pacific Northwest destination.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 17
Average Daily Rate (ADR) vs. $393 state avg. $315
Average Occupancy Rate vs. 36% state avg. 21%
RevPAN ADR * Occupancy Rate $64
Average Monthly Revenue Historical 12-month average $3,657
Average Annual Revenue Historical 12-month average $43,889

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

Why Investors Consider Olga

Investors are drawn to Olga for its exclusive island setting and limited supply, though premium property prices demand careful underwriting to ensure returns.

Key investment factors

  • Only 17 active listings create a constrained supply environment with limited direct competition
  • San Juan Islands tourism drives strong summer demand with August revenue exceeding $7,500 per listing
  • Above-average market growth trend signals increasing visitor interest in the area
  • Supply/demand balance favors hosts in a market where new inventory is naturally limited by geography
  • Year-over-year listing growth of 340% indicates accelerating investor and host interest

Expert Market Assessment

"Olga represents a competitive opportunity where the appeal is clear but the math requires precision. The island's natural beauty and limited inventory create genuine scarcity value, yet average home prices near $1.67 million paired with $43,889 in annual revenue yield a below-average revenue-to-price ratio. Seasonality is extreme — August revenue ($7,575) is nearly five times January's ($1,600) — so cash reserves for the off-season are essential. Investors who can secure properties at favorable entry points and optimize summer pricing stand the best chance of generating meaningful returns in this boutique market."

— Rabbu Market Analysis Team

Understanding Olga's ROI Score: 47/100

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

Factor Olga Performance Weight
Revenue-to-Price Ratio Below average 40%
Occupancy Stability Average 30%
Market Growth Trend Above average 15%
Supply/Demand Balance Above average 15%

What This Means for Investors

Olga's ROI Score of 47 out of 100 places it in the Competitive Opportunity band, signaling that while demand and growth are real, the economics require careful selection. The below-average revenue-to-price ratio — driven by home values near $1.67 million against roughly $44K in annual revenue — is the primary drag, while above-average marks for market growth and supply/demand balance provide upside potential. Pairing this data with thorough local regulatory research and conservative underwriting will help investors determine whether a specific Olga property can deliver the returns they need.

Short-Term Rental Regulations in Olga

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

Permit Requirements

Short-term rental operators in Olga and San Juan County, Washington may need to obtain permits or register their properties with the county. Investors should verify current STR permit requirements with San Juan County's planning and community development office before listing.

Key Restrictions

Common restrictions in island and rural Washington communities can include occupancy limits, minimum stay requirements, noise and parking regulations, and potential caps on the number of permitted rentals. HOA covenants may also apply depending on the property, and investors should review any neighborhood-specific rules before purchasing.

Tax Obligations

Washington State imposes lodging taxes on short-term rentals, and San Juan County may levy additional local taxes. Platforms like Airbnb often collect and remit state and local taxes automatically, but hosts should confirm their full tax obligations with a local tax advisor.

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

Short-Term Rental Financing for Olga

Financing an Airbnb investment in Olga requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Olga Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Olga's STR market is expected to continue benefiting from above-average growth trends and favorable supply-demand dynamics in the San Juan Islands. Summer months (June through September) will likely remain the revenue engine, with peak-month earnings potentially climbing 2–5% as island tourism demand stays strong. However, the extended off-season from November through March, where monthly revenue dips below $2,200, means investors should plan for lean winter cash flow. Occupancy may hover around 20–25% on an annualized basis, so pricing strategy during peak windows will be essential."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Olga, WA

What is the average Airbnb occupancy rate in Olga?
The average occupancy rate for Airbnb listings in Olga is currently 21%, which falls below Washington's state average of 36%. This reflects the market's heavy reliance on seasonal summer tourism, with significantly higher occupancy during peak months and quieter winters.
How much do Airbnb hosts make in Olga?
Airbnb hosts in Olga earn an average of $3,657 per month and approximately $43,889 per year based on trailing 12-month data. Revenue varies dramatically by season — hosts can expect over $7,000 per month in July and August but closer to $1,600–$2,000 during the winter months.
Is Olga a good market for Airbnb investment?
Olga scores a 47 out of 100 on Rabbu's ROI Score, placing it in the 'Competitive Opportunity' category. The market benefits from above-average growth trends and a favorable supply/demand balance, but elevated home values (averaging $1.67 million) compress the revenue-to-price ratio. Investors who find below-market purchase opportunities and maximize summer revenue could see solid returns, but this market rewards selective deal sourcing.
What is the average daily rate (ADR) for Airbnb in Olga?
The average daily rate in Olga is $315, which is below Washington's state average of $393. One-bedroom listings average $235 per night while 3-bedroom properties command around $280 per night, reflecting the island's mix of cozy cabins and larger vacation homes.
Are short-term rentals legal in Olga?
Short-term rentals operate in Olga under San Juan County's regulations. Permits or registration may be required, and local rules can include occupancy limits, parking requirements, and other restrictions. Investors should consult San Juan County's planning department for the latest requirements before purchasing or listing a property.
When is peak season for Airbnb in Olga?
Peak season in Olga runs from June through September, with August being the strongest month at $7,575 in average revenue per listing. July is nearly as strong at $7,041. Revenue drops sharply after October, making January and February the slowest months with averages below $1,750.
How many Airbnbs are there in Olga?
As of April 2026, there are 17 active Airbnb listings in Olga. The market is split between 1-bedroom properties (8 listings) and 3-bedroom properties (5 listings), with the remainder falling into other configurations. Year-over-year listing growth has been significant at 340%, though this reflects a small base expanding rapidly.
How is Airbnb revenue calculated in Olga?
The annual and monthly revenue figures shown for Olga 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, exclude regional outliers, and roll the results up into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. 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 Olga, 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
  • Amenity prevalence data across active listings in the market
  • Home value data sourced from the Zillow Home Value Index (ZHVI)

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 and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change; investors should verify current rules with San Juan County authorities before purchasing.

Next Steps

Ready to invest in Olga's short-term rental market? Take action with these resources:

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