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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Pullman offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Pullman, WA is a compact college-town market with 43 active Airbnb listings and an average annual revenue of $24,708 per property. With an ADR of $236—well below the Washington state average of $393—and a 35% occupancy rate, the market caters primarily to university-driven demand around Washington State University events, move-in periods, and football weekends. An ROI score of 61 out of 100 places Pullman in the "Attractive Opportunity" tier, supported by above-average market growth and a manageable supply base that keeps competition relatively low.
According to Rabbu market data, the Pullman short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 43 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $236 |
| Average Occupancy Rate | vs. 36% state avg. | 35% |
| RevPAN | ADR * Occupancy Rate | $83 |
| Average Monthly Revenue | Historical 12-month average | $2,059 |
| Average Annual Revenue | Historical 12-month average | $24,708 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Pullman appeals to investors seeking an affordable entry point into a market where university-anchored demand creates predictable seasonal spikes and limited competition.
Key investment factors
"Pullman presents a moderate but targeted investment opportunity, best suited for investors who understand its university-driven demand cycle. Revenue swings meaningfully across the year—from a low of $907 in January to peaks near $2,892 in November—so cash-flow planning around the academic and football calendars is essential. The market's above-average growth trend and low supply count create room for well-positioned properties to capture outsized share, particularly larger homes that serve groups attending games or family events. Investors willing to manage through quieter summer and winter stretches will find the peak-season returns compelling enough to sustain annual performance."
— Rabbu Market Analysis Team
Revenue in Pullman follows a pronounced seasonal pattern, peaking in November ($2,892), August ($2,883), and September ($2,865) before dropping sharply to a January low of just $907. The roughly 3x spread between peak and trough months underscores the importance of strategic pricing and calendar management around university events and football season.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$907 |
| February |
|
$1,333 |
| March |
|
$1,782 |
| April |
|
$2,385 |
| May |
|
$2,032 |
| June |
|
$1,567 |
| July |
|
$1,760 |
| August |
|
$2,883 |
| September |
|
$2,865 |
| October |
|
$2,497 |
| November |
|
$2,892 |
| December |
|
$1,798 |
One-bedroom units dominate supply with 23 of the 43 active listings (54%), while 2-, 3-, and 4-bedroom properties each account for just 6 listings apiece. The scarcity of larger properties—combined with their significantly higher revenue—may represent an opportunity for investors willing to acquire multi-bedroom homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
23 |
| 2 bedrooms |
|
6 |
| 3 bedrooms |
|
6 |
| 4 bedrooms |
|
6 |
ADR increases steeply with property size, jumping from $127 for 1-bedroom units to $692 for 4-bedroom homes—a premium of more than 5x. The sharpest rate jump occurs between 3-bedroom ($194) and 4-bedroom properties, suggesting that group-travel demand for game weekends and university events drives willingness to pay a substantial premium for larger spaces.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$127 |
| 2 bedrooms |
|
$156 |
| 3 bedrooms |
|
$194 |
| 4 bedrooms |
|
$692 |
Revenue per available night tells a dramatic story: 4-bedroom properties generate $338 in RevPAN versus just $39 for 1-bedrooms, meaning larger homes earn nearly 9x more per available night even after factoring in their higher occupancy. Three-bedroom listings at $81 RevPAN also outperform smaller units meaningfully, making mid-to-large configurations the clear efficiency leaders.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$39 |
| 2 bedrooms |
|
$57 |
| 3 bedrooms |
|
$81 |
| 4 bedrooms |
|
$338 |
Occupancy climbs steadily with bedroom count—from 31% for 1-bedrooms to 49% for 4-bedroom properties. This pattern suggests that larger homes serving groups have more consistent demand, offering better cash-flow predictability for investors despite the market's overall 35% average occupancy rate.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
31% |
| 2 bedrooms |
|
37% |
| 3 bedrooms |
|
42% |
| 4 bedrooms |
|
49% |
Four-bedroom properties lead monthly revenue at $6,140—nearly four times the $1,649 average for 1-bedroom listings. Even 3-bedroom homes at $3,465 per month substantially outperform smaller units, reinforcing that investors targeting higher absolute returns should focus on properties that accommodate groups.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,649 |
| 2 bedrooms |
|
$1,802 |
| 3 bedrooms |
|
$3,465 |
| 4 bedrooms |
|
$6,140 |
Annual revenue ranges from $19,793 for 1-bedroom listings to $73,690 for 4-bedroom properties, a nearly 4x difference that highlights the outsized earning potential of larger homes in this university market. Three-bedroom properties at $41,591 also represent a strong middle ground for investors seeking meaningful revenue without the higher acquisition cost of a 4-bedroom home.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$19,793 |
| 2 bedrooms |
|
$21,624 |
| 3 bedrooms |
|
$41,591 |
| 4 bedrooms |
|
$73,690 |
Parking is a universal amenity at 100% of listings—unsurprising for a smaller city without extensive public transit—while self check-in (84%) and kitchen access (77%) round out the top three. Laundry amenities (washer/dryer at 61%) and outdoor spaces (backyard, patio, BBQ grill all above 50%) signal that guests expect home-like comfort, likely reflecting longer stays around university events.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Self Check-in |
|
84% |
| Kitchen |
|
77% |
| Backyard |
|
61% |
| Dryer |
|
61% |
| Washer |
|
61% |
| Workspace |
|
56% |
| Outdoor Furniture |
|
54% |
| Patio or Balcony |
|
54% |
| BBQ Grill |
|
51% |
| Pets |
|
23% |
| Gym |
|
7% |
| Pool |
|
5% |
| EV Charger |
|
2% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Pullman Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Pullman's ROI score of 61 out of 100 places it in the "Attractive Opportunity" band, reflecting average revenue-to-price ratios and occupancy stability balanced by above-average market growth trends. The supply/demand balance remains average, which means the market isn't oversaturated—but investors should still monitor the 83% year-over-year listing growth to ensure supply doesn't outpace demand. Pairing this score with thorough local regulatory research and a pricing strategy tuned to the university calendar will help investors capture the full potential this market offers.
Understanding local STR regulations is essential before investing in Pullman. Here's the current regulatory landscape:
Short-term rental operators in Pullman, WA may need to obtain a business license or STR-specific permit from the City of Pullman. Investors should verify current requirements directly with the city's planning or business licensing department before listing a property.
Common restrictions in Washington college towns can include occupancy limits, noise ordinances, parking requirements for guests, and minimum stay rules during certain periods. HOA covenants in some Pullman neighborhoods may also limit or prohibit short-term rental activity, so reviewing CC&Rs before purchasing is essential.
Short-term rental hosts in Washington State are generally subject to state sales tax, local lodging tax, and any applicable tourism-related assessments. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with the Washington Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Pullman can provide current regulatory guidance.
Financing an Airbnb investment in Pullman requires lenders who understand STR income. Rabbu partner lenders offer:
"With 83% year-over-year growth in active listings, Pullman's STR market is expanding rapidly, though the small absolute number (43 listings) means a few new entrants can swing that percentage. Over the next 12–18 months, we estimate ADR could hold steady or edge up 1–3% as supply growth moderates, while occupancy is likely to remain in the 33–38% range given the seasonal nature of university demand. Peak months like August, September, and November—likely tied to move-in, football season, and homecoming—should continue to anchor annual revenue. Investors who time their pricing around the academic calendar stand the best chance of outperforming market averages."
— 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance and may not account for recent regulatory changes or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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