Top 10 PNW STR Markets to invest in 2025!!

[Keegan Schaub]

As a Pacific Northwest native, I've seen firsthand how the region's unique blend of natural beauty, vibrant cities, and year-round attractions make it an incredible place for short-term rental (STR) investments. If you're looking to capitalize on the market in 2025, here are the top 10 cities in the PNW that are yielding the best returns on investment:

1. Seattle, WA

• Median Home Price: $820,000
• Average Daily Rate: $200
• Occupancy Rate: 75%

2. Portland, OR

• Median Home Price: $485,000
• Average Daily Rate: $180
• Occupancy Rate: 70%

3. Spokane, WA

• Median Home Price: $345,000
• Average Daily Rate: $150
• Occupancy Rate: 68%

4. Tacoma, WA

• Median Home Price: $450,000
• Average Daily Rate: $160
• Occupancy Rate: 72%

5. Bend, OR

• Median Home Price: $560,000
• Average Daily Rate: $190
• Occupancy Rate: 65%

6. Seaside, OR

• Median Home Price: $475,000
• Average Daily Rate: $175
• Occupancy Rate: 70%

7. Olympia, WA

• Median Home Price: $400,000
• Average Daily Rate: $155
• Occupancy Rate: 67%

8. Eugene, OR

• Median Home Price: $410,000
• Average Daily Rate: $160
• Occupancy Rate: 68%

9. Salem, OR

• Median Home Price: $385,000
• Average Daily Rate: $150
• Occupancy Rate: 65%

10. Ashland, OR

• Median Home Price: $600,000
• Average Daily Rate: $210
• Occupancy Rate: 72%

These markets are thriving with strong tourism, a variety of attractions, and a growing demand for STRs. If you're interested in learning more or need help navigating the best STR opportunities in these areas, I'd love to connect! As a PNW native, I'm passionate about helping investors make the most out of the unique markets in this beautiful region.

[Andrew Steffens]

Seattle Yield = 6.23%, Portland = 9.48%, Spokane = 10.79%, Tacoma = 9.34%, Bend = 8.05% Yield

These average yields seem very low, typically 12% ends up about breakeven when using any type of financing.  These markets seem like on average, negative cashflow.  Am I missing something?