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

Redmond Short-Term Rental Market Overview

Redmond, WA sits at the intersection of major tech-industry demand and a relatively compact short-term rental market of just 91 active Airbnb listings. Average occupancy runs at 47%—well above the 36% Washington state average—suggesting consistent guest demand driven by the city's corporate base. However, with an average home value north of $1.9 million and annual STR revenue averaging $32,089, the revenue-to-price ratio is tight, making careful deal sourcing essential for investors eyeing this market.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Redmond

Redmond's strong tech-employer presence and above-average occupancy make it attractive to investors willing to navigate high property prices and selective deal flow.

Expert Market Assessment

"Redmond presents a competitive opportunity where strong demand fundamentals are offset by elevated property prices. The market's occupancy stability is a clear strength—above-average and consistent enough to provide reliable cash flow, particularly for 1- and 2-bedroom units that stay booked roughly half the time. Seasonality is meaningful: July revenue ($4,347) is nearly three times what hosts earn in February ($1,472), so investors need to budget for leaner winter months. With supply growing quickly at 121% year-over-year, the window for early-mover advantage is narrowing, and investors will need to differentiate on property quality and amenities to maintain margins."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Redmond

Average revenue by month in Redmond

Revenue in Redmond follows a clear summer-heavy pattern, peaking in July at $4,347 and bottoming in February at $1,472—a nearly 3x spread. The shoulder months of May ($2,861) and September ($3,126) still perform respectably, giving investors about five strong months before the winter slowdown sets in.

Active Airbnb listings by property size in Redmond

One-bedroom units dominate Redmond's supply with 49 of 91 listings (54%), while 2-bedrooms (15), 3-bedrooms (12), and 4-bedrooms (8) are far less represented. The relative scarcity of larger properties could signal an opportunity for investors, especially given the stronger revenue those sizes generate.

Average daily rate (ADR) by property size in Redmond

ADR climbs with property size up to 3 bedrooms, which command the highest rate at $265, though 4-bedroom units dip to $229. One-bedroom listings average just $97, while studios at $166 actually outprice them—likely reflecting a smaller sample of more premium studio offerings.

Average RevPAN by property size in Redmond

Four-bedroom properties deliver the highest RevPAN at $109, followed by 2-bedrooms at $95 and 3-bedrooms at $89. Studios lag at just $35 RevPAN, indicating their low occupancy (21%) severely undercuts their decent nightly rate, making them the weakest performers on a per-available-night basis.

Average occupancy rates by property size in Redmond

One-bedroom units lead occupancy at 52%, closely followed by 2-bedrooms at 50% and 4-bedrooms at 48%, all offering relatively stable booking patterns. Studios significantly underperform at 21% occupancy, and 3-bedrooms sit at 34%, suggesting that mid-sized family properties face softer demand consistency despite their strong nightly rates.

Average monthly revenue by property size in Redmond

Three-bedroom properties are the top monthly earners at $4,868, followed by 4-bedrooms at $4,211 and 2-bedrooms at $3,490. Studios and 1-bedrooms generate considerably less—$1,661 and $1,813 respectively—meaning investors targeting meaningful monthly income should focus on 2+ bedroom configurations.

Average annual revenue by property size in Redmond

At $58,416 per year, 3-bedroom listings offer the strongest annual revenue potential in Redmond, with 4-bedrooms close behind at $50,536 and 2-bedrooms at $41,883. One-bedroom and studio units produce roughly $21,766 and $19,940 respectively, reinforcing that larger properties deliver substantially better top-line returns in this market.

Most common amenities for Airbnb listings in Redmond

Parking tops the amenity list at 97% prevalence—nearly universal and clearly a guest expectation in this car-centric market. Self check-in and a kitchen each appear in 88% of listings, while a dedicated workspace (74%) reflects Redmond's business-travel audience; investors should treat these four amenities as table stakes rather than differentiators.

Understanding Redmond's ROI Score: 40/100

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

Redmond's ROI Score of 40 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand is genuine but high property prices compress the revenue-to-price ratio to below-average levels. Occupancy stability is the standout positive factor, rated above average, while supply/demand balance scores below average as listing growth (121% YoY) outpaces demand growth. Investors should pair this data with thorough local regulatory research and focus on larger, higher-revenue property types to improve their return profile.

Short-Term Rental Regulations in Redmond

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

Permit Requirements

The City of Redmond and the State of Washington may require short-term rental operators to obtain permits or register their properties before listing them. Investors should verify current requirements directly with Redmond's planning or licensing department, as rules can evolve.

Key Restrictions

Common restrictions in markets like Redmond can include occupancy limits, minimum-stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued. HOA rules may also apply and can be more restrictive than city regulations, so investors should review any applicable covenants before purchasing.

Tax Obligations

Washington State does not levy an income tax, but short-term rental operators are generally subject to state and local lodging taxes, sales tax, and potentially a tourism promotion area charge. Many booking platforms collect and remit some of these taxes automatically, though hosts should confirm compliance with the Washington Department of Revenue.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Redmond's STR market is likely to maintain its above-average occupancy stability, with rates estimated to hover in the 45–50% range year-round. Summer months should continue to drive the bulk of revenue, with July and August averaging over $4,300 per listing. ADR growth may be modest—perhaps 1–3%—given that current rates sit well below the state average at $160, which limits upward pricing power. Investors should expect seasonality to remain pronounced, with winter months producing roughly a third of peak-season revenue."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Redmond, WA

What is the average Airbnb occupancy rate in Redmond?

The average Airbnb occupancy rate in Redmond, WA is currently 47%, which is notably higher than the Washington state average of 36%. This above-average occupancy suggests consistent guest demand in the market, though rates vary by property size—1-bedroom units lead at 52%, while studios trail at 21%.

How much do Airbnb hosts make in Redmond?

On average, Airbnb hosts in Redmond earn approximately $2,674 per month, or about $32,089 annually, based on trailing 12-month booking data. Revenue varies significantly by property size: 3-bedroom listings average $58,416 per year, while studios bring in closer to $19,940. Summer months are the strongest earners, with July averaging $4,347 per listing.

Is Redmond a good market for Airbnb investment?

Redmond carries a Rabbu ROI Score of 40 out of 100, categorized as a 'Competitive Opportunity.' The market benefits from above-average occupancy stability and steady demand, largely fueled by the local tech industry. However, the revenue-to-price ratio is below average given home values averaging over $1.9 million, meaning investors need to source deals carefully to achieve strong returns. Larger properties in the 2–4 bedroom range offer the best revenue potential.

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

The average daily rate for Airbnb listings in Redmond is $160, which is well below the Washington state average of $393. ADR scales with property size—3-bedroom listings command the highest rate at $265, while 1-bedroom units average just $97. The lower ADR relative to the state reflects Redmond's positioning as more of a business and extended-stay market than a premium vacation destination.

Are short-term rentals legal in Redmond?

Short-term rentals do operate in Redmond, WA, with 91 active Airbnb listings currently in the market. However, local regulations and permit requirements can change, so prospective investors should check directly with the City of Redmond's planning or licensing offices and review any HOA restrictions before purchasing a property for STR use.

When is peak season for Airbnb in Redmond?

Peak season for Airbnb in Redmond runs from June through August, when average monthly revenue reaches $3,906 to $4,347 per listing. July is the single strongest month at $4,347. The off-peak period spans December through February, with monthly revenue dropping to the $1,472–$1,944 range. This roughly 3x swing between peak and off-peak months means investors should plan for significant seasonal variation in cash flow.

How many Airbnbs are there in Redmond?

Redmond currently has 91 active Airbnb listings. The market has seen substantial supply growth, with a 121% year-over-year increase in active listings. One-bedroom units dominate the supply at 49 listings, followed by 2-bedrooms (15) and 3-bedrooms (12), with studios (5) and 4-bedrooms (8) representing smaller shares.

How is Airbnb revenue calculated in Redmond?

The annual and monthly revenue figures for Redmond are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the results up to a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks (like July at $4,347) and slower months (like February at $1,472). Individual results can vary based on property quality, pricing strategy, and how actively the listing is managed.

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 Redmond, WA market
• Average daily rate, occupancy, and RevPAN trends broken down by property size
• Monthly and annual revenue figures based on trailing 12-month historical booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform property setup decisions

Sources and disclaimers

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 12-month averages and market conditions as of the date indicated; actual conditions may shift. Local regulations, permit requirements, and tax obligations are subject to change—investors should verify current rules with Redmond and Washington State authorities before purchasing.