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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Stevenson offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Stevenson, WA is a small Columbia River Gorge market with just 37 active Airbnb listings, offering investors a compact, nature-driven destination with above-average market growth trends. Average annual revenue sits at $36,050 against an average home value of $755,475, and while occupancy runs at 28% — below the Washington state average of 36% — the limited supply and strong seasonal peaks create a niche opportunity for well-positioned properties.
According to Rabbu market data, the Stevenson short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 37 |
| Average Daily Rate (ADR) | vs. $393 state avg. | $272 |
| Average Occupancy Rate | vs. 36% state avg. | 28% |
| RevPAN | ADR * Occupancy Rate | $75 |
| Average Monthly Revenue | Historical 12-month average | $3,004 |
| Average Annual Revenue | Historical 12-month average | $36,050 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Stevenson appeals to investors seeking a low-competition, nature-tourism-driven market with favorable growth trends and the pricing power that comes with limited supply.
Key investment factors
"Stevenson presents an attractive but specialized investment opportunity. The market's 62 out of 100 ROI score reflects a healthy balance of revenue potential and demand, tempered by occupancy that trails the state average. Seasonality is pronounced — revenue roughly doubles from the winter trough (around $2,000–$2,350) to the July peak near $4,900 — so cash-flow planning should account for several softer months. For investors comfortable with a seasonal, nature-tourism market and willing to differentiate through amenities and guest experience, Stevenson offers a compelling entry point with limited competition."
— Rabbu Market Analysis Team
Stevenson shows strong seasonality, with July ($4,895) and August ($4,678) delivering more than double the revenue of the slowest months like November ($2,014) and December ($2,083). Investors should budget for a roughly $2,800 monthly spread between peak and off-peak periods, making summer pricing optimization critical to annual returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,349 |
| February |
|
$2,203 |
| March |
|
$2,331 |
| April |
|
$2,433 |
| May |
|
$3,473 |
| June |
|
$3,560 |
| July |
|
$4,895 |
| August |
|
$4,678 |
| September |
|
$3,390 |
| October |
|
$2,635 |
| November |
|
$2,014 |
| December |
|
$2,083 |
One-bedroom listings dominate the market with 19 of 37 total properties, while 2-bedroom (7) and 3-bedroom (6) units are far less common. The relative scarcity of larger properties could represent an opportunity for investors willing to offer group-friendly accommodations in an underserved segment.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
19 |
| 2 bedrooms |
|
7 |
| 3 bedrooms |
|
6 |
ADR climbs steadily with size — from $236 for 1-bedrooms to $299 for 2-bedrooms and $362 for 3-bedrooms, a 53% premium for the largest category. The jump from 2 to 3 bedrooms ($63) is particularly notable, suggesting guests are willing to pay meaningfully more for additional space in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$236 |
| 2 bedrooms |
|
$299 |
| 3 bedrooms |
|
$362 |
Two-bedroom properties deliver the highest RevPAN at $81, narrowly edging out 1-bedrooms at $78, while 3-bedrooms trail significantly at $54. Despite commanding the highest nightly rates, 3-bedroom units lose ground on a RevPAN basis due to their much lower occupancy, making 1- and 2-bedroom configurations more efficient revenue generators on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$78 |
| 2 bedrooms |
|
$81 |
| 3 bedrooms |
|
$54 |
Occupancy drops sharply as property size increases — 1-bedrooms fill 33% of available nights, 2-bedrooms reach 27%, and 3-bedrooms manage only 15%. For investors prioritizing consistent bookings and cash-flow predictability, smaller units offer a clear advantage in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
33% |
| 2 bedrooms |
|
27% |
| 3 bedrooms |
|
15% |
Three-bedroom properties lead in monthly revenue at $4,809, nearly doubling the 1-bedroom average of $2,574 and far exceeding the 2-bedroom figure of $2,145. This premium comes despite lower occupancy, driven by the significantly higher nightly rate that 3-bedroom listings command.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,574 |
| 2 bedrooms |
|
$2,145 |
| 3 bedrooms |
|
$4,809 |
At $57,712 per year, 3-bedroom listings generate nearly twice the annual revenue of 1-bedrooms ($30,899) and more than double that of 2-bedrooms ($25,745). For investors with higher acquisition budgets, the 3-bedroom segment offers the strongest gross revenue potential, though the lower occupancy rate should factor into cash-flow planning.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$30,899 |
| 2 bedrooms |
|
$25,745 |
| 3 bedrooms |
|
$57,712 |
Parking is universal at 100% of listings, and self check-in and kitchens each appear in 92%, reflecting baseline guest expectations in this rural market. Outdoor-focused amenities — BBQ grills, patios, and outdoor furniture at 70% each — signal that Gorge visitors prioritize nature-connected experiences, while hot tubs (30%) and pet-friendliness (41%) offer differentiation opportunities.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Self Check-in |
|
92% |
| Kitchen |
|
92% |
| BBQ Grill |
|
70% |
| Patio or Balcony |
|
70% |
| Outdoor Furniture |
|
70% |
| Backyard |
|
51% |
| Pets |
|
41% |
| Workspace |
|
41% |
| Dryer |
|
32% |
| Washer |
|
32% |
| Hot Tub |
|
30% |
| Waterfront |
|
27% |
| EV Charger |
|
14% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Stevenson Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Stevenson's ROI Score of 62 out of 100 places it in the 'Attractive Opportunity' band, driven by average revenue-to-price and occupancy stability metrics alongside an above-average market growth trend. The supply/demand balance registers as average, consistent with a small market where limited inventory meets seasonal demand. Investors should pair these data points with local regulatory research and property-specific due diligence to validate expected returns.
Understanding local STR regulations is essential before investing in Stevenson. Here's the current regulatory landscape:
Short-term rental operators in Stevenson, WA may be required to obtain permits or register their property with Skamania County or the city. Investors should verify current permit and licensing requirements directly with local authorities before listing a property.
Common restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA rules can also limit or prohibit short-term rentals in certain developments, so reviewing any applicable covenants is essential before purchasing.
Short-term rental hosts in Washington are typically subject to state sales tax, local lodging taxes, and any applicable tourism assessments. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but owners should confirm their full obligation with a local tax advisor.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Stevenson can provide current regulatory guidance.
Financing an Airbnb investment in Stevenson requires lenders who understand STR income. Rabbu partner lenders offer:
"With market growth trending above average, Stevenson's short-term rental landscape appears poised for continued momentum over the next 12–18 months. Summer months consistently drive the bulk of revenue — July alone averages nearly $4,900 — so investors should expect occupancy to hover around 25–30% annually with pronounced peaks from May through September. ADR may see modest increases of 2–4% as the Gorge continues to attract outdoor enthusiasts, though the small listing pool means individual performance can swing more than in larger markets. Investors who optimize pricing for shoulder-season weekends and holiday periods could meaningfully outpace the market average."
— 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change — always verify with local authorities before investing.
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