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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Renton presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Renton sits in the heart of Washington's Puget Sound region, offering STR investors proximity to Seattle, major employers like Boeing, and easy access to Lake Washington. With 151 active Airbnb listings generating an average annual revenue of $26,793 and an ADR of $144, the market shows moderate earning potential—though average home values near $1,023,900 mean the revenue-to-price ratio requires careful deal sourcing. Occupancy holds at 36%, matching the state average, and the market's 120% year-over-year listing growth signals rising investor interest that warrants attention to competitive positioning.
According to Rabbu market data, the Renton short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 151 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $144 |
| Average Occupancy Rate | vs. 36% state avg. | 36% |
| RevPAN | ADR * Occupancy Rate | $52 |
| Average Monthly Revenue | Historical 12-month average | $2,232 |
| Average Annual Revenue | Historical 12-month average | $26,793 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Renton draws investor attention for its strategic location between Seattle and Bellevue, corporate demand from nearby employers, and access to waterfront recreation—though elevated home prices require disciplined deal selection.
Key investment factors
"Renton presents a competitive opportunity where selective property acquisition matters more than broad market exposure. The ROI score of 46 out of 100 reflects a below-average revenue-to-price ratio driven by home values exceeding $1 million, paired with average occupancy stability and growth trends. Seasonality is pronounced—July tops $3,630 in average monthly revenue while February dips to $1,229—so investors should model conservatively for the November-through-February soft period. Larger configurations, especially 4-bedroom properties earning roughly $60,169 annually with 46% occupancy, offer the most compelling return profile for operators willing to invest in higher-capacity homes."
— Rabbu Market Analysis Team
Renton's revenue cycle peaks sharply in summer, with July ($3,630) and August ($3,599) delivering nearly three times the revenue of the winter low in February ($1,229). This pronounced seasonality means investors should budget for slower winter months while capitalizing on strong May-through-September earnings that drive the bulk of annual income.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,252 |
| February |
|
$1,229 |
| March |
|
$1,886 |
| April |
|
$1,722 |
| May |
|
$2,387 |
| June |
|
$3,262 |
| July |
|
$3,630 |
| August |
|
$3,599 |
| September |
|
$2,611 |
| October |
|
$1,986 |
| November |
|
$1,602 |
| December |
|
$1,623 |
One-bedroom listings dominate Renton's supply at 79 of the 151 total active listings, while 4-bedroom (15) and 5-bedroom (7) properties remain comparatively scarce. This supply imbalance in larger configurations, combined with their superior revenue metrics, may signal an opportunity for investors willing to acquire bigger homes in a less crowded segment.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
5 |
| 1 bedroom |
|
79 |
| 2 bedrooms |
|
24 |
| 3 bedrooms |
|
19 |
| 4 bedrooms |
|
15 |
| 5 bedrooms |
|
7 |
ADR scales strongly with property size in Renton, climbing from $86 for 1-bedrooms to $312 for 4-bedroom listings—a 3.6x premium. Notably, 5-bedroom properties drop back to $231, suggesting a ceiling on pricing power for the largest homes and making the 3- to 4-bedroom range the sweet spot for rate optimization.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$108 |
| 1 bedroom |
|
$86 |
| 2 bedrooms |
|
$147 |
| 3 bedrooms |
|
$218 |
| 4 bedrooms |
|
$312 |
| 5 bedrooms |
|
$231 |
Four-bedroom properties lead Renton's RevPAN at $143 per available night, nearly 5x the $29 earned by 1-bedroom units. Three-bedroom listings also perform well at $93, while 5-bedrooms fall to $72—reinforcing that mid-large properties deliver the strongest revenue efficiency after factoring in both rate and occupancy.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$26 |
| 1 bedroom |
|
$29 |
| 2 bedrooms |
|
$52 |
| 3 bedrooms |
|
$93 |
| 4 bedrooms |
|
$143 |
| 5 bedrooms |
|
$72 |
Occupancy rates in Renton generally increase with property size, peaking at 46% for 4-bedroom listings and 43% for 3-bedrooms, compared to just 24% for studios. The notable exception is 5-bedroom properties at 31%, indicating that the very largest homes may struggle to fill consistently and carry more cash-flow variability.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
24% |
| 1 bedroom |
|
34% |
| 2 bedrooms |
|
35% |
| 3 bedrooms |
|
43% |
| 4 bedrooms |
|
46% |
| 5 bedrooms |
|
31% |
Four-bedroom properties generate the highest average monthly revenue at $5,014, followed by 5-bedrooms at $4,174 and 3-bedrooms at $3,827—all substantially above the 1-bedroom average of $1,257. The gap between 1-bedroom and 4-bedroom monthly revenue (roughly 4x) underscores how property size selection dramatically impacts earning potential in this market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$1,555 |
| 1 bedroom |
|
$1,257 |
| 2 bedrooms |
|
$2,311 |
| 3 bedrooms |
|
$3,827 |
| 4 bedrooms |
|
$5,014 |
| 5 bedrooms |
|
$4,174 |
Annual revenue ranges from $15,092 for 1-bedroom listings to $60,169 for 4-bedroom properties, making the larger configuration the clear top earner in Renton. Three-bedroom homes at $45,934 annually also present a compelling return profile, especially given their relatively lower acquisition cost compared to 4- and 5-bedroom properties.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$18,667 |
| 1 bedroom |
|
$15,092 |
| 2 bedrooms |
|
$27,734 |
| 3 bedrooms |
|
$45,934 |
| 4 bedrooms |
|
$60,169 |
| 5 bedrooms |
|
$50,095 |
Parking (95%), kitchen (89%), and self check-in (87%) are near-universal in Renton's listings, establishing them as baseline guest expectations rather than differentiators. Niche amenities like lake access (8%), waterfront (7%), and hot tubs (7%) are rare and could provide meaningful competitive advantages for properties that offer them.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
95% |
| Kitchen |
|
89% |
| Self Check-in |
|
87% |
| Washer |
|
86% |
| Dryer |
|
83% |
| Workspace |
|
78% |
| Backyard |
|
60% |
| Patio or Balcony |
|
54% |
| Outdoor Furniture |
|
36% |
| BBQ Grill |
|
27% |
| Pets |
|
21% |
| Lake Access |
|
8% |
| Waterfront |
|
7% |
| Hot Tub |
|
7% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Renton Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Renton's ROI score of 46 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand and investor interest are present but higher home prices compress returns. The below-average revenue-to-price ratio is the primary drag on the score, while occupancy stability and market growth trend rate as average—suggesting the fundamentals are functional but not exceptional. Investors should pair this data with thorough local regulatory research and focus on property types (particularly 3–4 bedrooms) where per-night revenue and occupancy outperform the market average.
Understanding local STR regulations is essential before investing in Renton. Here's the current regulatory landscape:
The City of Renton, Washington may require short-term rental operators to obtain a business license or specific STR permit before listing a property. Investors should verify current permit and registration requirements directly with Renton's municipal licensing office and the Washington State Department of Revenue.
Common STR restrictions in markets like Renton can include occupancy limits, minimum stay requirements, noise ordinances, designated parking mandates, and HOA covenants that may prohibit or limit short-term rentals. Some jurisdictions also impose caps on the number of permits issued, so prospective hosts should confirm whether any such limitations apply before purchasing a property.
Washington State does not impose a personal income tax, but STR operators in Renton are typically subject to state and local sales tax, lodging tax, and any applicable tourism-related assessments. Platforms like Airbnb often collect and remit a portion of these taxes automatically, though hosts should confirm their full obligations with the Washington State Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Renton can provide current regulatory guidance.
Financing an Airbnb investment in Renton requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Renton's STR market is likely to see continued demand driven by corporate travel and summer leisure visitors, with peak-season months (June through August) expected to sustain monthly revenues in the $3,200–$3,600 range. The 120% growth in active listings suggests supply is expanding quickly, which could put modest downward pressure on occupancy and ADR unless demand keeps pace. Investors targeting larger properties—particularly 3- and 4-bedroom configurations—may find more resilient returns given their stronger occupancy and RevPAN performance. ADR increases of 1–3% are plausible if hosts differentiate on amenities and guest experience, but pricing power will depend heavily on how quickly new supply is absorbed."
— 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. Local regulations, HOA rules, and zoning requirements may affect your ability to operate a short-term rental and should be independently verified. Data reflects trailing performance and market conditions as of the dates indicated; future results may differ due to changes in supply, demand, or regulation.
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