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Find Your Airbnb InvestmentInvesting in Airbnb properties in Everett, Washington, presents a promising opportunity given the city's evolving market dynamics and growing appeal. Current market conditions in Everett indicate a steady demand for short-term rentals, driven by its strategic location near Seattle, access to the stunning natural beauty of the Pacific Northwest, and a developing local economy with aerospace and maritime industries. Tourism trends show an increasing number of visitors drawn to Everett's waterfront, cultural attractions, and as a gateway to outdoor adventures, contributing to consistent occupancy rates. While property values in the Puget Sound region have generally been on an upward trend, Everett often offers a more accessible entry point compared to its larger neighbor, Seattle, providing a potentially attractive investment potential with a solid return, especially for properties that cater to both leisure and business travelers seeking a convenient and comfortable stay.
Based on available market data and rental analytics, Airbnb hosts in Everett, Washington typically earn between $1,200 to $2,800 per month, with entire homes averaging around $2,100 monthly while private rooms generate approximately $800 to $1,400 monthly. Seasonal variations show peak earnings during summer months (June through August) when revenue can increase by 25-40% due to higher tourism demand and proximity to Seattle attractions, while winter months typically see a 15-20% decrease in bookings and rates. The city's average daily rates range from $85 to $150 for entire properties and $45 to $75 for private rooms, with occupancy rates averaging 65-75% annually. Key factors affecting earnings include proximity to Boeing facilities and Paine Field Airport which drive business traveler demand, distance from Seattle (higher earnings closer to transit connections), property amenities such as parking and WiFi, seasonal events at nearby venues, and competition from approximately 300-400 active listings in the area. Properties within walking distance of downtown Everett or with easy highway access to Seattle command premium rates, while those offering unique amenities like hot tubs or waterfront views can achieve occupancy rates exceeding 80% with daily rates 20-30% above market average.
Airbnb investments in Everett, Washington typically generate ROI between 8-14% annually, with properties averaging $85-120 per night and 65-75% occupancy rates throughout the year. The payback period for initial investment and setup costs usually ranges from 6-9 years, depending on property acquisition price and renovation expenses. Compared to traditional long-term rentals in Everett that yield approximately 6-8% ROI, short-term rentals can provide 2-6 percentage points higher returns, though they require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions. Properties within 3 miles of Boeing's Everett facility and those near the waterfront or downtown area tend to perform best, with some investors seeing gross rental yields of 12-16% before expenses, while net returns after all costs typically settle around 10-12% for well-managed properties in prime locations.
Airbnb occupancy rates in Everett, Washington typically average around 65-70% annually, with significant seasonal variation that peaks during summer months (July-September) at approximately 75-85% due to increased tourism and favorable weather conditions. Winter months (December-February) see the lowest occupancy rates at around 45-55%, while spring and fall maintain moderate levels of 60-70%. Peak demand occurs during major events, festivals, and the summer tourist season when visitors explore the Pacific Northwest region. Everett's occupancy rates generally align closely with Washington state averages of 68-72% but fall slightly below national Airbnb averages of 70-75%, primarily due to its position as a secondary market compared to major tourist destinations like Seattle. The city benefits from its proximity to Boeing facilities, naval stations, and outdoor recreation areas, which provide consistent business and leisure travel demand throughout the year, though it experiences more pronounced seasonal dips than larger metropolitan markets.
The best Airbnb investment neighborhoods in Everett include Port Gardner which offers waterfront proximity and easy access to the marina district with strong pricing power due to scenic views and walkability to restaurants and ferry terminals. Riverside near the Snohomish River provides affordable entry points with growing appeal to outdoor enthusiasts seeking kayaking and trail access while maintaining reasonable property costs. The Historic Downtown Core around Colby Avenue attracts visitors with its revitalized arts scene, breweries, and proximity to the Everett Theatre, offering consistent occupancy from both business and leisure travelers. North Everett near Mukilteo Boulevard benefits from its location between Boeing facilities and beach access, drawing both corporate visitors and families, with moderate property prices and strong rental demand. Bayside neighborhood capitalizes on waterfront access and proximity to Jetty Island, commanding premium rates during summer months while attracting year-round guests interested in maritime activities. Silver Lake area offers a quieter residential setting with lake access that appeals to longer-term stays and families, providing steady income with lower competition from hotels. The Boeing District near Paine Field attracts consistent business travelers and aviation enthusiasts, offering reliable occupancy rates and the ability to charge corporate rates, especially with the growing commercial airport operations.
In Everett, Washington, short-term rentals are regulated under the city's zoning code and require a Conditional Use Permit (CUP) for operation in most residential zones, with applications processed through the Planning Department at a cost of approximately $1,500-$2,500. Properties must be owner-occupied as a primary residence, with the owner living on-site for at least 185 days per year, and occupancy is limited to a maximum of 8 guests with no more than 2 guests per bedroom plus 2 additional guests total. Short-term rentals are prohibited in certain single-family residential zones and apartment complexes, but may be permitted in mixed-use and some multi-family zones subject to conditional use approval. The registration process requires submission of a detailed application including site plans, parking arrangements, neighborhood notification, and compliance with fire safety codes, business licensing requirements, and collection of local taxes. Recent regulatory changes implemented around 2019-2020 tightened enforcement mechanisms, increased penalties for non-compliance, established clearer definitions for short-term rentals (rentals of less than 30 consecutive days), and enhanced monitoring procedures, while the city continues to evaluate the balance between allowing property owners to generate income and protecting neighborhood character and housing availability.
Short-term rentals in Everett, Washington are subject to several fees and taxes including Washington State's 6.5% sales tax, Snohomish County's lodging tax of approximately 2-4%, and the City of Everett's lodging tax estimated at 2-3%. Property owners must obtain a business license costing approximately $50-100 annually, register for a short-term rental permit with fees ranging from $200-400 per year, and may be required to pay additional inspection fees of $100-200. Tourism promotion area taxes may apply at rates of 0.5-1% depending on location within the city. Fire safety inspections typically cost $75-150, and there may be additional administrative processing fees of $25-50 for permit applications. The total combined lodging tax rate generally ranges from 11-14.5% of gross rental income, with annual regulatory compliance costs typically totaling $400-750 per property depending on specific requirements and property type.
Investing in Airbnb properties in Everett, Washington, presents a promising opportunity given the city's evolving market dynamics and growing appeal. Current market conditions in Everett indicate a steady demand for short-term rentals, driven by its strategic location near Seattle, access to the stunning natural beauty of the Pacific Northwest, and a developing local economy with aerospace and maritime industries. Tourism trends show an increasing number of visitors drawn to Everett's waterfront, cultural attractions, and as a gateway to outdoor adventures, contributing to consistent occupancy rates. While property values in the Puget Sound region have generally been on an upward trend, Everett often offers a more accessible entry point compared to its larger neighbor, Seattle, providing a potentially attractive investment potential with a solid return, especially for properties that cater to both leisure and business travelers seeking a convenient and comfortable stay.
Based on available market data and rental analytics, Airbnb hosts in Everett, Washington typically earn between $1,200 to $2,800 per month, with entire homes averaging around $2,100 monthly while private rooms generate approximately $800 to $1,400 monthly. Seasonal variations show peak earnings during summer months (June through August) when revenue can increase by 25-40% due to higher tourism demand and proximity to Seattle attractions, while winter months typically see a 15-20% decrease in bookings and rates. The city's average daily rates range from $85 to $150 for entire properties and $45 to $75 for private rooms, with occupancy rates averaging 65-75% annually. Key factors affecting earnings include proximity to Boeing facilities and Paine Field Airport which drive business traveler demand, distance from Seattle (higher earnings closer to transit connections), property amenities such as parking and WiFi, seasonal events at nearby venues, and competition from approximately 300-400 active listings in the area. Properties within walking distance of downtown Everett or with easy highway access to Seattle command premium rates, while those offering unique amenities like hot tubs or waterfront views can achieve occupancy rates exceeding 80% with daily rates 20-30% above market average.
Airbnb investments in Everett, Washington typically generate ROI between 8-14% annually, with properties averaging $85-120 per night and 65-75% occupancy rates throughout the year. The payback period for initial investment and setup costs usually ranges from 6-9 years, depending on property acquisition price and renovation expenses. Compared to traditional long-term rentals in Everett that yield approximately 6-8% ROI, short-term rentals can provide 2-6 percentage points higher returns, though they require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions. Properties within 3 miles of Boeing's Everett facility and those near the waterfront or downtown area tend to perform best, with some investors seeing gross rental yields of 12-16% before expenses, while net returns after all costs typically settle around 10-12% for well-managed properties in prime locations.
Airbnb occupancy rates in Everett, Washington typically average around 65-70% annually, with significant seasonal variation that peaks during summer months (July-September) at approximately 75-85% due to increased tourism and favorable weather conditions. Winter months (December-February) see the lowest occupancy rates at around 45-55%, while spring and fall maintain moderate levels of 60-70%. Peak demand occurs during major events, festivals, and the summer tourist season when visitors explore the Pacific Northwest region. Everett's occupancy rates generally align closely with Washington state averages of 68-72% but fall slightly below national Airbnb averages of 70-75%, primarily due to its position as a secondary market compared to major tourist destinations like Seattle. The city benefits from its proximity to Boeing facilities, naval stations, and outdoor recreation areas, which provide consistent business and leisure travel demand throughout the year, though it experiences more pronounced seasonal dips than larger metropolitan markets.
The best Airbnb investment neighborhoods in Everett include Port Gardner which offers waterfront proximity and easy access to the marina district with strong pricing power due to scenic views and walkability to restaurants and ferry terminals. Riverside near the Snohomish River provides affordable entry points with growing appeal to outdoor enthusiasts seeking kayaking and trail access while maintaining reasonable property costs. The Historic Downtown Core around Colby Avenue attracts visitors with its revitalized arts scene, breweries, and proximity to the Everett Theatre, offering consistent occupancy from both business and leisure travelers. North Everett near Mukilteo Boulevard benefits from its location between Boeing facilities and beach access, drawing both corporate visitors and families, with moderate property prices and strong rental demand. Bayside neighborhood capitalizes on waterfront access and proximity to Jetty Island, commanding premium rates during summer months while attracting year-round guests interested in maritime activities. Silver Lake area offers a quieter residential setting with lake access that appeals to longer-term stays and families, providing steady income with lower competition from hotels. The Boeing District near Paine Field attracts consistent business travelers and aviation enthusiasts, offering reliable occupancy rates and the ability to charge corporate rates, especially with the growing commercial airport operations.
In Everett, Washington, short-term rentals are regulated under the city's zoning code and require a Conditional Use Permit (CUP) for operation in most residential zones, with applications processed through the Planning Department at a cost of approximately $1,500-$2,500. Properties must be owner-occupied as a primary residence, with the owner living on-site for at least 185 days per year, and occupancy is limited to a maximum of 8 guests with no more than 2 guests per bedroom plus 2 additional guests total. Short-term rentals are prohibited in certain single-family residential zones and apartment complexes, but may be permitted in mixed-use and some multi-family zones subject to conditional use approval. The registration process requires submission of a detailed application including site plans, parking arrangements, neighborhood notification, and compliance with fire safety codes, business licensing requirements, and collection of local taxes. Recent regulatory changes implemented around 2019-2020 tightened enforcement mechanisms, increased penalties for non-compliance, established clearer definitions for short-term rentals (rentals of less than 30 consecutive days), and enhanced monitoring procedures, while the city continues to evaluate the balance between allowing property owners to generate income and protecting neighborhood character and housing availability.
Short-term rentals in Everett, Washington are subject to several fees and taxes including Washington State's 6.5% sales tax, Snohomish County's lodging tax of approximately 2-4%, and the City of Everett's lodging tax estimated at 2-3%. Property owners must obtain a business license costing approximately $50-100 annually, register for a short-term rental permit with fees ranging from $200-400 per year, and may be required to pay additional inspection fees of $100-200. Tourism promotion area taxes may apply at rates of 0.5-1% depending on location within the city. Fire safety inspections typically cost $75-150, and there may be additional administrative processing fees of $25-50 for permit applications. The total combined lodging tax rate generally ranges from 11-14.5% of gross rental income, with annual regulatory compliance costs typically totaling $400-750 per property depending on specific requirements and property type.
* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.
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To start an Airbnb in Everett, Washington, begin by researching local regulations as Everett requires short-term rental operators to obtain a business license and comply with zoning restrictions that typically limit rentals to certain residential areas while prohibiting them in some single-family zones. Contact Everett's Planning Department at City Hall (2930 Wetmore Avenue) to verify your property's zoning allows short-term rentals and obtain necessary permits including a business license ($25-50 annually) and potentially a conditional use permit if required for your zone. Find a suitable property in permitted areas such as downtown Everett or designated multi-family zones, ensuring it meets safety requirements including smoke detectors, carbon monoxide detectors, and emergency exits. Furnish the space with quality furniture, linens, kitchen essentials, and amenities while ensuring compliance with Washington State's landlord-tenant laws and safety codes. Create your Airbnb listing with professional photos, competitive pricing (typically $80-150/night in Everett as of 2023-2024), and detailed descriptions highlighting proximity to Boeing facilities, Everett Marina, and Seattle (30 miles south). Manage your property by maintaining cleanliness standards, responding promptly to guests, coordinating check-ins/check-outs, and keeping detailed records for tax purposes as you'll need to collect and remit Washington State sales tax (10.4% in Everett) and report income to both state and federal tax authorities.
To identify profitable short-term rental properties in Everett, Washington, focus on locations within 2-3 miles of Boeing's Paine Field facility and the Future of Flight Aviation Center, as these attract business travelers and aviation enthusiasts year-round. Target properties near the Everett waterfront, downtown core, and neighborhoods like Bayside and Port Gardner Bay for their proximity to dining, entertainment, and scenic views. Look for 2-4 bedroom single-family homes or condos built after 1990 with modern amenities, parking, and outdoor spaces, as these command higher nightly rates of $120-200 compared to basic units at $80-120. Analyze pricing using AirDNA and Mashvisor to track seasonal demand patterns, with peak periods during summer months and Boeing facility tours. Research competition by monitoring active listings within a 1-mile radius, noting their occupancy rates, amenities, and guest reviews to identify market gaps. Utilize Everett-specific resources including the city's STR permit requirements, Snohomish County tourism data, and local Facebook groups like "Everett Real Estate Investors" for market insights. Consider properties near transit links to Seattle and proximity to recreational areas like Jetty Island and Forest Park, which boost appeal for leisure travelers seeking alternatives to expensive Seattle accommodations.
To obtain an Airbnb/STR permit in Everett, Washington, you must apply through the City of Everett's Planning Department by submitting a Short-Term Rental Business License application, which requires a completed application form, proof of property ownership or lease agreement with landlord consent, a floor plan of the rental unit, proof of liability insurance (minimum $1 million), a good neighbor agreement, and contact information for a local responsible party available 24/7. The application fee is approximately $200-300 annually, with additional inspection fees of around $150. Required documents also include a Washington State business license, city business license, and compliance with fire safety codes including smoke and carbon monoxide detectors. Everett requires STRs to be owner-occupied or have the owner live within 25 miles, limits occupancy to 2 guests per bedroom plus 2 additional guests (maximum 10), mandates off-street parking for each rental unit, and prohibits rentals in certain residential zones. The approval timeline typically takes 4-6 weeks after submitting a complete application, and annual renewals are required. Properties must pass a city inspection before initial approval, and operators must collect and remit local lodging taxes of approximately 8-12% to both the city and state.
Short-term rentals (STRs) are legal in Everett, Washington, but operate under specific regulations established by the city. As of 2023, Everett requires STR operators to obtain a business license and comply with zoning restrictions that generally limit short-term rentals to certain residential zones while prohibiting them in some neighborhoods. The city has implemented occupancy limits, parking requirements, and noise ordinances that STR operators must follow. Properties must meet safety standards including smoke and carbon monoxide detectors, and operators are required to provide emergency contact information to neighbors and the city. Everett has also established a complaint process for neighborhood concerns and can revoke licenses for repeated violations. Recent changes have included stricter enforcement mechanisms and clearer definitions of what constitutes a short-term rental, with the city requiring annual license renewals and periodic inspections to ensure compliance with health and safety standards.
The best Airbnb investment areas in Everett, Washington include the Port Gardner neighborhood near the waterfront, which attracts tourists visiting the Jetty Island beach and marina activities, plus business travelers to the Port of Everett. The Riverside district offers proximity to the Snohomish River and appeals to outdoor enthusiasts and families visiting local parks. Downtown Everett presents opportunities for business travelers working with Boeing's Everett facility (the world's largest building by volume) and visitors to the Historic Theatre District and Schack Art Center. The Silver Lake area attracts families and tourists seeking recreational activities around the lake and nearby Mill Creek. North Everett near Mukilteo is valuable for its proximity to the Boeing Everett Factory tours, one of the most popular industrial tours in the state, drawing thousands of aviation enthusiasts annually. The Lowell area benefits from its central location and accessibility to both Seattle (30 miles south) and outdoor recreation areas, making it attractive for extended-stay business travelers and tourists using Everett as a base for exploring the Puget Sound region.
In Everett, Washington, Airbnb hosts are subject to multiple lodging taxes including the Washington State Lodging Tax of 0.2%, Snohomish County Lodging Tax of 2%, and the City of Everett Lodging Tax of 2%, totaling approximately 4.2% in combined lodging taxes on gross rental income. These taxes apply to stays of less than 30 consecutive days and are typically collected by Airbnb directly from guests at the time of booking for properties listed on their platform, with Airbnb remitting payments quarterly to the respective tax authorities. Hosts renting through other platforms or direct bookings must register with the Washington State Department of Revenue, Snohomish County, and the City of Everett to collect and remit these taxes monthly, usually by the 25th of the following month. Additionally, hosts may be subject to Washington State sales tax of 6.5% plus local sales taxes totaling approximately 10.4% on the lodging portion of their rental income. Exemptions typically include rentals to permanent residents (30+ consecutive days), certain government employees on official business, and properties rented for more than 30 consecutive days to the same guest, though specific exemption criteria may vary by jurisdiction and hosts should verify current requirements with each taxing authority.
To start an Airbnb in Everett, Washington, the total costs would be approximately $520,000-$580,000. Property purchase represents the largest expense at $450,000-$500,000 based on median home prices in Everett as of 2023-2024. Furnishing costs typically range $15,000-$25,000 for a complete 2-3 bedroom home including furniture, appliances, linens, and décor to create an attractive rental space. Initial setup costs including professional photography, listing creation, welcome materials, and basic supplies total around $2,000-$3,000. Permits and fees in Everett include business license ($100-$200), short-term rental permit ($300-$500), and potential HOA approval fees totaling approximately $500-$1,000. Insurance costs for short-term rental coverage run $2,000-$3,500 annually, with the first year paid upfront. Utilities including electricity, gas, water, internet, and cable average $300-$400 monthly or $1,800-$2,400 for six months. First six months operating costs encompass Airbnb service fees (3% of bookings), cleaning supplies, maintenance reserves, marketing, and miscellaneous expenses totaling approximately $3,000-$5,000, assuming moderate booking activity during the initial period.
Airbnb properties in Everett, Washington typically generate average monthly revenues of $2,800-$4,200 for entire homes and $1,800-$2,600 for private rooms, with annual occupancy rates ranging from 65-75% according to AirDNA market data from 2023. Operating expenses generally consume 40-55% of gross revenue, including cleaning fees ($75-$125 per turnover), property management (15-25% of revenue), utilities ($150-$250 monthly), insurance ($100-$200 monthly), and maintenance costs averaging $200-$400 monthly. Properties near Boeing's Everett facility and Paine Field Airport command premium rates of $120-$180 per night due to business traveler demand, while residential areas average $85-$130 nightly. Successful operators like those managing properties in the Riverside neighborhood report net profit margins of 25-35% by targeting Boeing contractors and aviation tourists, with annual returns of $15,000-$25,000 on typical 3-bedroom homes. Key success factors include proximity to Boeing facilities, professional photography, dynamic pricing strategies, and maintaining superhosts status, with top-performing properties achieving 80%+ occupancy rates and generating over $45,000 annually in gross revenue.
Airbnb investments in Everett, Washington typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on current market conditions. Properties near Boeing facilities and the Everett Marina command premium rates of $85-120 per night, while standard residential properties average $65-90 nightly. Initial investment recovery generally occurs within 7-10 years, with monthly gross revenues of $1,800-3,200 for well-positioned properties. The proximity to Seattle (30 miles) and Paine Field airport creates consistent demand from business travelers and tourists, supporting occupancy rates of 65-75% annually. Cash-on-cash returns improve to 12-15% for investors purchasing properties under $400,000 and achieving occupancy above 70%, with break-even typically reached within 18-24 months of operation when factoring in mortgage payments, maintenance, and platform fees.
STRSearch is a national platform that specializes in identifying profitable short-term rental properties for investors in Everett, Washington. Local real estate agents like Windermere Real Estate and John L. Scott have agents experienced in investment properties and short-term rental markets in the Everett area. RedAwning and AirDNA provide market analysis and property identification services for Airbnb investors nationwide, including the Everett market. Mashvisor offers investment property analysis tools and can help identify profitable Airbnb opportunities in Everett and surrounding Snohomish County areas. Local property management companies like Vacasa and RedAwning Property Management can assist with both finding properties and managing them as short-term rentals. Real estate investment firms such as Roofstock and BiggerPockets marketplace connect investors with turnkey rental properties, though their Everett inventory varies. Local mortgage brokers and lenders like Movement Mortgage and Caliber Home Loans have experience financing investment properties for short-term rental purposes in the Washington market.
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