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

As of Apr, 27 2026

Rabbu ROI Score

56 / 100

Spokane offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.

Spokane Short-Term Rental Market Overview

Spokane's short-term rental market features 473 active Airbnb listings with an average daily rate of $140 and annual revenue averaging $23,614 per property. While ADR sits well below Washington's $393 state average, the market's comparatively affordable home values of $575,924 and above-average occupancy stability make it a compelling entry point for investors seeking steady cash flow in the inland Northwest. Seasonal demand peaks during summer months, with revenue nearly tripling from January lows to August highs, reflecting a market shaped by outdoor recreation and regional events.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 473
Average Daily Rate (ADR) vs. $393 state avg. $140
Average Occupancy Rate vs. 36% state avg. 36%
RevPAN ADR * Occupancy Rate $50
Average Monthly Revenue Historical 12-month average $1,967
Average Annual Revenue Historical 12-month average $23,614

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

Why Investors Consider Spokane

Spokane draws investor interest through its combination of affordable property prices relative to statewide averages, above-average occupancy stability, and clear seasonal demand that rewards strategic pricing.

Key investment factors

  • Home values averaging $575,924 are well below many Western Washington markets, lowering the barrier to entry
  • Above-average occupancy stability provides more predictable cash flow throughout the year
  • Summer months generate nearly three times the revenue of winter, creating clear peak-season upside
  • Larger properties (4–5 bedrooms) deliver outsized RevPAN, signaling an underserved group travel niche
  • Proximity to outdoor recreation, regional hospitals, and Gonzaga University supports diverse demand sources

Expert Market Assessment

"Spokane presents an attractive opportunity for STR investors who can capitalize on pronounced summer seasonality and target the right property size. Revenue peaks in July and August — averaging $2,818 and $2,874 respectively — before tapering to a January low of $1,034, so operators need a pricing and expense strategy that accounts for a roughly 2.8x swing between peak and trough months. The market's occupancy stability stands out as a strength, and five-bedroom properties deliver the highest RevPAN at $130, suggesting group-friendly homes have meaningful pricing power. With supply growing rapidly, competition is increasing, but the affordable cost basis relative to revenue still offers a viable path to positive returns for well-managed listings."

— Rabbu Market Analysis Team

Understanding Spokane's ROI Score: 56/100

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

What This Means for Investors

Spokane's ROI score of 56 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where healthy occupancy stability (above average) offsets a below-average revenue-to-price ratio driven by home values averaging nearly $576K against roughly $23,600 in annual revenue. Market growth trend and supply/demand balance both rate as average, suggesting steady but not explosive conditions. Investors should pair this score with local regulatory research and property-level underwriting to confirm that their specific acquisition can deliver the cash flow the market-level data suggests is achievable.

Short-Term Rental Regulations in Spokane

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

Permit Requirements

The City of Spokane and Washington State may require short-term rental operators to obtain permits, business licenses, or registration before listing a property. Investors should verify current requirements directly with the City of Spokane's planning or licensing departments, as rules can change and enforcement approaches vary.

Key Restrictions

Common restrictions in markets like Spokane can include occupancy limits per unit, minimum stay requirements, noise ordinances, off-street parking mandates, and limits on the number of permits issued. HOA covenants or neighborhood-specific rules may impose additional constraints, so reviewing any applicable deed restrictions before purchasing is essential.

Tax Obligations

Short-term rental hosts in Washington State are generally subject to state sales tax, local lodging taxes, and potentially tourism-related assessments. Platforms like Airbnb often collect and remit some of these taxes automatically, but operators should confirm their full tax obligations with a local accountant or the Washington Department of Revenue.

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

Short-Term Rental Financing for Spokane

Financing an Airbnb investment in Spokane 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 Spokane Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Spokane's STR market is expected to maintain its seasonal rhythm, with summer months continuing to drive the bulk of annual revenue. Occupancy stability — rated above average — suggests demand is resilient enough to support modest ADR growth in the range of 2–4%, particularly for well-positioned 4- and 5-bedroom properties that already command premium nightly rates. Supply growth has been notable at 128% year-over-year, so investors should monitor whether new listings begin to dilute occupancy rates. Overall, estimates point to a market that rewards operators who optimize pricing strategy during peak months while keeping costs lean through quieter winter periods."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Spokane, WA

What is the average Airbnb occupancy rate in Spokane?
The average occupancy rate for Airbnb listings in Spokane is currently 36%, which is in line with Washington's statewide average of 36%. Occupancy varies by property size, with 2-bedroom and 5-bedroom units performing strongest at 40%, while 6+ bedroom properties tend to lag at around 24%. Investors can improve occupancy through competitive pricing, strong amenity offerings, and flexible booking strategies.
How much do Airbnb hosts make in Spokane?
Airbnb hosts in Spokane earn an average of $1,967 per month or approximately $23,614 per year based on trailing 12-month performance data. Earnings vary significantly by property size — 1-bedroom units average about $14,886 annually, while 5-bedroom properties can bring in roughly $56,905 per year. Peak summer months like July and August drive the highest revenue, often exceeding $2,800 per month on average.
Is Spokane a good market for Airbnb investment?
Spokane earns an ROI score of 56 out of 100, placing it in the "Attractive Opportunity" tier. The market benefits from above-average occupancy stability and a reasonable balance between supply and demand. While the revenue-to-price ratio is below average — reflecting home values of around $575,924 against annual revenue of $23,614 — the relatively affordable entry point compared to coastal Washington markets, combined with strong seasonal demand, makes it a viable option for investors who manage costs carefully and optimize for peak months.
What is the average daily rate (ADR) for Airbnb in Spokane?
The average daily rate in Spokane is $140, which is significantly below the Washington state average of $393. ADR scales steadily with property size, ranging from $88 for 1-bedroom listings up to $335 for 6+ bedroom properties. Five-bedroom homes command $329 per night and also deliver the highest RevPAN, making them a particularly strong ADR-to-occupancy combination.
Are short-term rentals legal in Spokane?
Short-term rentals operate in Spokane, but hosts should verify current permit, licensing, and zoning requirements with the City of Spokane before listing a property. Regulations can include registration, occupancy limits, safety requirements, and tax obligations. Washington State also imposes sales and lodging tax requirements on STR income. Since rules can evolve, consulting local authorities or a real estate attorney familiar with Spokane's STR landscape is strongly recommended.
When is peak season for Airbnb in Spokane?
Peak season in Spokane runs from June through August, with August generating the highest average monthly revenue at $2,874. July follows closely at $2,818, and June brings in roughly $2,545. The slowest month is January at $1,034, making the summer-to-winter revenue swing nearly threefold. Shoulder months like May ($2,194) and September ($2,165) also perform well, extending the strong earning window for prepared hosts.
How many Airbnbs are there in Spokane?
Spokane currently has 473 active Airbnb listings. The market has experienced significant supply growth of 128% year-over-year. One-bedroom units make up the largest share with 173 listings, followed by 2-bedrooms at 124 and 3-bedrooms at 81. Larger properties (5+ bedrooms) remain relatively scarce, with only 37 listings combined — a potential opportunity for investors targeting the group travel segment.
How is Airbnb revenue calculated in Spokane?
The annual and monthly revenue figures for Spokane 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, remove regional outliers, and aggregate the results into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently, while naturally reflecting seasonal peaks (like August at $2,874) and slower months (like January at $1,034) because 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 Spokane market
  • Average daily rates, occupancy rates, and RevPAN metrics across property sizes
  • Monthly and annual revenue trends based on trailing 12-month historical booking data
  • Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
  • Amenity prevalence data across active listings to inform competitive positioning

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 performance through April 2026 and may not capture very recent market shifts. Local regulations, tax obligations, and permit requirements are subject to change; investors should verify current rules with Spokane and Washington State authorities.

Next Steps

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