Is Otis Orchards, Washington Good for Airbnb Investment?

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Otis Orchards, Washington Airbnb Investment Overview

Is Airbnb a Good Investment in Otis Orchards, Washington?

Investing in Airbnb properties in Otis Orchards, Washington, presents a unique investment profile, balancing its suburban tranquility with proximity to the larger Spokane area attractions. Current market conditions in Otis Orchards are characterized by a steady, if not rapid, appreciation in property values, making the initial investment a consideration, but also offering potential for long-term capital gains. Tourism trends are primarily driven by visitors seeking a quieter retreat while still having access to outdoor activities in the Inland Northwest and events in Spokane. This niche demand can support consistent, though perhaps not peak-season-level, occupancy rates. Investment potential is moderate, as while there's a steady demand, Otis Orchards typically doesn't experience the high-volume tourist influx seen in major urban or dedicated resort areas, suggesting a more conservative yet stable return on investment.

How Much Does an Average Airbnb Earn in Otis Orchards?

Based on available market data and regional analysis, Airbnb properties in Otis Orchards, Washington typically generate between $800-$2,200 per month in gross revenue, with significant seasonal fluctuations driven by the area's proximity to Spokane and outdoor recreation opportunities. Summer months (June through August) see the highest occupancy rates at 65-75% with average daily rates of $85-$120, while winter months drop to 35-45% occupancy with rates of $65-$90 per night. Properties featuring amenities like hot tubs, proximity to Liberty Lake, or accommodating larger groups tend to perform in the upper revenue range, while basic one-bedroom units typically fall in the lower tier. The market benefits from spillover demand from Spokane's downtown events, medical tourism to area hospitals, and seasonal recreation including boating, hiking, and winter sports, though earnings are significantly impacted by property type, with entire homes averaging $1,400-$2,200 monthly compared to private rooms at $600-$1,000. Local competition remains moderate compared to urban markets, and successful hosts report annual gross revenues between $12,000-$20,000 after accounting for Spokane's tourism patterns and the area's appeal as a quieter alternative to city accommodations.

Airbnb Return on Investment in Otis Orchards

Airbnb investments in Otis Orchards, Washington typically generate ROI between 8-12% annually, with payback periods averaging 7-9 years due to the area's proximity to Spokane and seasonal demand from visitors exploring the Inland Northwest. Properties in this suburban community, with average home values around $350,000-$450,000, can command nightly rates of $80-$120 depending on size and amenities, achieving occupancy rates of 55-65% annually. This translates to gross rental yields of approximately $15,000-$25,000 per year before expenses, compared to long-term rentals in the same area that typically yield 6-8% ROI with monthly rents ranging $1,200-$1,800. The Airbnb advantage in Otis Orchards stems from weekend and summer visitors seeking rural experiences near Spokane, though investors face higher management costs, seasonal fluctuations, and vacancy periods that can reduce net returns to 6-9% after accounting for cleaning, maintenance, utilities, and platform fees, making the premium over traditional rentals modest but still favorable for hands-on investors willing to actively manage their properties.

Average Airbnb Occupancy Rate in Otis Orchards

Airbnb occupancy rates in Otis Orchards, Washington typically average around 45-55% annually, with significant seasonal variation that peaks during summer months (June-August) at approximately 65-75% due to outdoor recreation activities and proximity to Spokane attractions, while winter months (December-February) see occupancy drop to around 30-40%. Spring and fall maintain moderate rates of 50-60%, with particular strength during harvest season in September and October when visitors come for apple picking and fall foliage activities. These rates generally align closely with Washington state averages of 50-58% but fall slightly below national Airbnb averages of 55-65%, primarily due to the rural location and smaller tourist market compared to major metropolitan areas or established vacation destinations. The area benefits from its position as a gateway to outdoor activities like hiking, fishing, and winter sports, though it lacks the consistent year-round draw of coastal or urban markets, resulting in more pronounced seasonal fluctuations than state and national averages.

Best Neighborhoods for Airbnb in Otis Orchards

The best Airbnb investment neighborhoods in Otis Orchards, Washington include the Liberty Lake border area which offers proximity to Liberty Lake Regional Park and attracts families and outdoor enthusiasts willing to pay premium rates for lakefront access and recreational activities. The Barker Road corridor provides excellent value with larger properties at moderate prices while maintaining easy access to Spokane Valley shopping and dining, appealing to business travelers and extended-stay guests. The Appleway Avenue vicinity offers strong rental potential due to its central location with quick access to both Coeur d'Alene and Spokane, attracting tourists exploring both regions and commanding higher nightly rates during peak seasons. The residential areas near Otis Orchards Elementary benefit from quiet family-friendly atmospheres that appeal to relocating families and longer-term corporate housing needs, providing steady occupancy rates. The neighborhoods along Mullan Road offer affordable entry points for investors while still providing guests convenient access to major transportation routes and local amenities. Properties near the Centennial Trail access points perform well due to the growing popularity of outdoor recreation tourism, particularly attracting cyclists and hikers during spring through fall seasons. The established residential areas south of Appleway provide a balance of affordability and desirability, with mature landscaping and larger lots that appeal to groups and families seeking space and privacy while remaining close to urban conveniences.

Short-term Rental Regulations in Otis Orchards

Short-term rental regulations in Otis Orchards, Washington are primarily governed by Spokane County ordinances since this unincorporated community falls under county jurisdiction. Property owners must obtain a conditional use permit through Spokane County for short-term rental operations, with applications requiring site plans, parking assessments, and neighborhood notification processes. Occupancy limits are typically restricted to two guests per bedroom plus two additional guests, with maximum occupancy generally not exceeding 10-12 people depending on property size and septic system capacity. Owner-occupancy requirements vary by zoning district, with some residential zones requiring the owner to live on-site during rental periods while others allow non-resident ownership with proper permitting. Zoning restrictions limit short-term rentals primarily to residential and rural residential zones, with commercial zoning potentially allowing broader rental operations. The registration process involves submitting applications to Spokane County's Code Enforcement division, paying permit fees ranging from $200-500, providing proof of insurance, and demonstrating compliance with health and safety standards including septic system adequacy and fire safety measures. Recent regulatory changes around 2021-2022 have included stricter enforcement of existing regulations, enhanced noise ordinances, and requirements for 24-hour local contact persons, reflecting growing concerns about neighborhood impacts and the proliferation of short-term rentals in rural Spokane County areas.

Short-term Rental Fees and Taxes in Otis Orchards

Short-term rentals in Otis Orchards, Washington are subject to several fees and taxes including Washington State's 6.5% sales tax, Spokane County's lodging tax of approximately 2-4%, and potential city registration fees ranging from $100-300 annually. Property owners must obtain a business license costing around $50-150 per year and may face additional tourism promotion area taxes of 1-2% if applicable to the region. Fire safety inspections typically cost $75-200 annually, and some jurisdictions require short-term rental permits with fees ranging from $200-500 initially plus $100-250 for annual renewals. Platform fees from Airbnb or VRBO typically range 3-5% per booking, and property owners should expect to pay standard property taxes plus any applicable transient occupancy taxes that can total 8-12% of gross rental income when combined with state and local levies.

Is Airbnb a Good Investment in Otis Orchards, Washington?

Investing in Airbnb properties in Otis Orchards, Washington, presents a unique investment profile, balancing its suburban tranquility with proximity to the larger Spokane area attractions. Current market conditions in Otis Orchards are characterized by a steady, if not rapid, appreciation in property values, making the initial investment a consideration, but also offering potential for long-term capital gains. Tourism trends are primarily driven by visitors seeking a quieter retreat while still having access to outdoor activities in the Inland Northwest and events in Spokane. This niche demand can support consistent, though perhaps not peak-season-level, occupancy rates. Investment potential is moderate, as while there's a steady demand, Otis Orchards typically doesn't experience the high-volume tourist influx seen in major urban or dedicated resort areas, suggesting a more conservative yet stable return on investment.

How Much Does an Average Airbnb Earn in Otis Orchards?

Based on available market data and regional analysis, Airbnb properties in Otis Orchards, Washington typically generate between $800-$2,200 per month in gross revenue, with significant seasonal fluctuations driven by the area's proximity to Spokane and outdoor recreation opportunities. Summer months (June through August) see the highest occupancy rates at 65-75% with average daily rates of $85-$120, while winter months drop to 35-45% occupancy with rates of $65-$90 per night. Properties featuring amenities like hot tubs, proximity to Liberty Lake, or accommodating larger groups tend to perform in the upper revenue range, while basic one-bedroom units typically fall in the lower tier. The market benefits from spillover demand from Spokane's downtown events, medical tourism to area hospitals, and seasonal recreation including boating, hiking, and winter sports, though earnings are significantly impacted by property type, with entire homes averaging $1,400-$2,200 monthly compared to private rooms at $600-$1,000. Local competition remains moderate compared to urban markets, and successful hosts report annual gross revenues between $12,000-$20,000 after accounting for Spokane's tourism patterns and the area's appeal as a quieter alternative to city accommodations.

Airbnb Return on Investment in Otis Orchards

Airbnb investments in Otis Orchards, Washington typically generate ROI between 8-12% annually, with payback periods averaging 7-9 years due to the area's proximity to Spokane and seasonal demand from visitors exploring the Inland Northwest. Properties in this suburban community, with average home values around $350,000-$450,000, can command nightly rates of $80-$120 depending on size and amenities, achieving occupancy rates of 55-65% annually. This translates to gross rental yields of approximately $15,000-$25,000 per year before expenses, compared to long-term rentals in the same area that typically yield 6-8% ROI with monthly rents ranging $1,200-$1,800. The Airbnb advantage in Otis Orchards stems from weekend and summer visitors seeking rural experiences near Spokane, though investors face higher management costs, seasonal fluctuations, and vacancy periods that can reduce net returns to 6-9% after accounting for cleaning, maintenance, utilities, and platform fees, making the premium over traditional rentals modest but still favorable for hands-on investors willing to actively manage their properties.

Average Airbnb Occupancy Rate in Otis Orchards

Airbnb occupancy rates in Otis Orchards, Washington typically average around 45-55% annually, with significant seasonal variation that peaks during summer months (June-August) at approximately 65-75% due to outdoor recreation activities and proximity to Spokane attractions, while winter months (December-February) see occupancy drop to around 30-40%. Spring and fall maintain moderate rates of 50-60%, with particular strength during harvest season in September and October when visitors come for apple picking and fall foliage activities. These rates generally align closely with Washington state averages of 50-58% but fall slightly below national Airbnb averages of 55-65%, primarily due to the rural location and smaller tourist market compared to major metropolitan areas or established vacation destinations. The area benefits from its position as a gateway to outdoor activities like hiking, fishing, and winter sports, though it lacks the consistent year-round draw of coastal or urban markets, resulting in more pronounced seasonal fluctuations than state and national averages.

Best Neighborhoods for Airbnb in Otis Orchards

The best Airbnb investment neighborhoods in Otis Orchards, Washington include the Liberty Lake border area which offers proximity to Liberty Lake Regional Park and attracts families and outdoor enthusiasts willing to pay premium rates for lakefront access and recreational activities. The Barker Road corridor provides excellent value with larger properties at moderate prices while maintaining easy access to Spokane Valley shopping and dining, appealing to business travelers and extended-stay guests. The Appleway Avenue vicinity offers strong rental potential due to its central location with quick access to both Coeur d'Alene and Spokane, attracting tourists exploring both regions and commanding higher nightly rates during peak seasons. The residential areas near Otis Orchards Elementary benefit from quiet family-friendly atmospheres that appeal to relocating families and longer-term corporate housing needs, providing steady occupancy rates. The neighborhoods along Mullan Road offer affordable entry points for investors while still providing guests convenient access to major transportation routes and local amenities. Properties near the Centennial Trail access points perform well due to the growing popularity of outdoor recreation tourism, particularly attracting cyclists and hikers during spring through fall seasons. The established residential areas south of Appleway provide a balance of affordability and desirability, with mature landscaping and larger lots that appeal to groups and families seeking space and privacy while remaining close to urban conveniences.

Short-term Rental Regulations in Otis Orchards

Short-term rental regulations in Otis Orchards, Washington are primarily governed by Spokane County ordinances since this unincorporated community falls under county jurisdiction. Property owners must obtain a conditional use permit through Spokane County for short-term rental operations, with applications requiring site plans, parking assessments, and neighborhood notification processes. Occupancy limits are typically restricted to two guests per bedroom plus two additional guests, with maximum occupancy generally not exceeding 10-12 people depending on property size and septic system capacity. Owner-occupancy requirements vary by zoning district, with some residential zones requiring the owner to live on-site during rental periods while others allow non-resident ownership with proper permitting. Zoning restrictions limit short-term rentals primarily to residential and rural residential zones, with commercial zoning potentially allowing broader rental operations. The registration process involves submitting applications to Spokane County's Code Enforcement division, paying permit fees ranging from $200-500, providing proof of insurance, and demonstrating compliance with health and safety standards including septic system adequacy and fire safety measures. Recent regulatory changes around 2021-2022 have included stricter enforcement of existing regulations, enhanced noise ordinances, and requirements for 24-hour local contact persons, reflecting growing concerns about neighborhood impacts and the proliferation of short-term rentals in rural Spokane County areas.

Short-term Rental Fees and Taxes in Otis Orchards

Short-term rentals in Otis Orchards, Washington are subject to several fees and taxes including Washington State's 6.5% sales tax, Spokane County's lodging tax of approximately 2-4%, and potential city registration fees ranging from $100-300 annually. Property owners must obtain a business license costing around $50-150 per year and may face additional tourism promotion area taxes of 1-2% if applicable to the region. Fire safety inspections typically cost $75-200 annually, and some jurisdictions require short-term rental permits with fees ranging from $200-500 initially plus $100-250 for annual renewals. Platform fees from Airbnb or VRBO typically range 3-5% per booking, and property owners should expect to pay standard property taxes plus any applicable transient occupancy taxes that can total 8-12% of gross rental income when combined with state and local levies.

* 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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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Otis Orchards, Washington?

To start an Airbnb in Otis Orchards, Washington, begin by researching Spokane County's short-term rental regulations, as Otis Orchards falls under county jurisdiction rather than city limits, which typically requires a business license from Spokane County and compliance with zoning laws that generally allow short-term rentals in residential areas. Obtain necessary permits including a Spokane County business license ($25-50 annually), ensure your property meets fire safety codes, and verify homeowner's insurance covers short-term rentals or purchase additional coverage through companies like Proper Insurance or CBIZ. Find a suitable property by targeting single-family homes or condos in quiet residential neighborhoods near Spokane River or Liberty Lake area, with average property prices ranging $300,000-500,000 as of 2023. Furnish the space with essential amenities including Wi-Fi, full kitchen, comfortable bedding, and outdoor furniture to capitalize on the area's natural setting, budgeting approximately $15,000-25,000 for complete furnishing. List your property on Airbnb, VRBO, and Booking.com with competitive pricing around $80-150 per night based on local market rates, highlighting proximity to outdoor activities like hiking, fishing, and Liberty Lake. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges through lockboxes or smart locks, and maintaining the property regularly while monitoring local competition and adjusting rates seasonally to maximize occupancy in this growing suburban area east of Spokane.

What's the best way to identify good STR properties in Otis Orchards, Washington?

To identify profitable short-term rental properties in Otis Orchards, Washington, focus on locations within 15-20 minutes of Spokane's downtown core and near recreational areas like Liberty Lake Regional Park, as this suburb attracts visitors seeking quieter accommodations while maintaining city access. Target 3-4 bedroom single-family homes built after 1990 with modern amenities, outdoor spaces, and parking, as families and groups comprise the primary STR demographic in this area. Conduct pricing analysis using AirDNA and Mashvisor to benchmark against similar properties in nearby Liberty Lake and Spokane Valley, aiming for $120-180 nightly rates depending on size and amenities. Research competition through Airbnb and VRBO searches within a 5-mile radius, noting occupancy patterns and guest reviews to identify market gaps. Utilize Spokane County property records for acquisition costs, Zillow and Realtor.com for market trends, and consult with local property management companies like Vacasa or RedAwning who operate in the greater Spokane area to understand operational costs and revenue potential, while ensuring compliance with Spokane County's short-term rental regulations which may require permits and tax registration.

How to get an Airbnb permit in Otis Orchards, Washington?

To obtain an Airbnb/STR permit in Otis Orchards, Washington, you must apply through Spokane County since Otis Orchards is an unincorporated community within the county jurisdiction. Submit your application to the Spokane County Building and Planning Department located at 1026 W Broadway Ave, Spokane, WA 99260, or apply online through their permit portal. Required documents include a completed short-term rental permit application, proof of property ownership or lease agreement with landlord consent, site plan showing parking areas and emergency exits, fire safety inspection certificate, septic system approval if applicable, and proof of liability insurance with minimum $1 million coverage. The application fee is approximately $350-500 with annual renewal fees around $200-300. The timeline typically takes 4-6 weeks for processing once all documents are submitted, though this may extend to 8-10 weeks during peak seasons. Specific Otis Orchards requirements include compliance with rural zoning regulations, adequate parking for guests (minimum 2 spaces), septic system capacity verification for properties not on city sewer, fire safety equipment installation including smoke detectors and fire extinguishers, maximum occupancy limits based on septic capacity and square footage, and maintaining a local contact person available 24/7 for emergencies. You must also register for Washington State business license and collect applicable taxes.

Is it legal to operate a short-term rental in Otis Orchards, Washington?

Short-term rentals (STRs) in Otis Orchards, Washington are generally legal but subject to Spokane County regulations since this unincorporated community falls under county jurisdiction rather than having its own municipal government. As of 2023, Spokane County allows STRs in residential zones with specific requirements including obtaining a conditional use permit, limiting occupancy based on septic system capacity, maintaining adequate parking, and ensuring compliance with health and safety standards. The county requires STR operators to register their properties, collect and remit lodging taxes, and maintain liability insurance. Recent changes in 2022-2023 have strengthened enforcement mechanisms and clarified permit requirements, particularly regarding septic system limitations in rural areas like Otis Orchards. Properties must meet setback requirements from neighboring homes, and there are restrictions on the number of guests and vehicles allowed. The county has also implemented complaint response procedures and can revoke permits for violations of noise ordinances or other community standards, making STRs legal but regulated in this rural Spokane County area.

What are the best places to invest in Airbnb in Otis Orchards, Washington?

The best areas for Airbnb investment in Otis Orchards, Washington include the neighborhoods near Liberty Lake Regional Park and the Spokane River corridor, which attract outdoor enthusiasts year-round for hiking, fishing, and water sports activities. The residential areas along Appleway Boulevard offer convenient access to both Spokane Valley business districts and recreational amenities, making them ideal for business travelers and weekend visitors. Properties near the Centennial Trail system are particularly attractive as this 37-mile trail draws cyclists, runners, and nature lovers from across the region. The neighborhoods around Country Vista and Painted Hills developments provide upscale accommodations for visitors attending events at nearby venues or conducting business in the greater Spokane metropolitan area. Areas close to Liberty Lake Golf Course appeal to golf tourism, especially during the peak season from April through October, while properties with easy freeway access via I-90 capture travelers heading to recreational destinations like Coeur d'Alene or conducting business in Spokane's medical and technology sectors.

Airbnb and lodging taxes in Otis Orchards, Washington

Airbnb properties in Otis Orchards, Washington are subject to Washington State's lodging tax of 0.2% on gross rental income, which is collected by the state through Airbnb's automated collection system for stays under 30 days. Additionally, Spokane County imposes a lodging tax of approximately 2-3% on short-term rentals, though the exact rate may vary based on local ordinances. The City of Spokane Valley, which encompasses the Otis Orchards area, may impose additional local lodging taxes of 1-2%. Washington State sales tax of 6.5% plus local sales tax (typically 2-4% additional) also applies to short-term rental income. Airbnb automatically collects and remits state and local taxes for most bookings, but hosts are responsible for registering with the Washington State Department of Revenue and obtaining necessary business licenses. Monthly or quarterly tax returns may be required depending on rental volume. Stays of 30 days or longer are typically exempt from lodging taxes but may still be subject to sales tax, and certain exemptions may apply for government employees or other qualifying guests with proper documentation.

Total cost to purchase, furnish and operate an Airbnb in Otis Orchards, Washington

The total cost to start an Airbnb in Otis Orchards, Washington is approximately $485,000-$525,000. Property purchase costs around $400,000 based on median home prices in the Spokane Valley area where Otis Orchards is located. Furnishing a 3-bedroom property runs $15,000-$25,000 including beds, linens, kitchen essentials, living room furniture, and décor. Initial setup costs including professional photography, listing creation, and basic marketing total $2,000-$3,000. Permits and fees include a Washington state business license ($19), Spokane County short-term rental permit ($200-$500), and potential HOA approval fees totaling $500-$1,000. Insurance for short-term rentals costs $2,000-$3,000 annually. Utility setup and deposits for electricity, water, sewer, garbage, internet, and cable run $500-$800. First six months operating costs including utilities ($900/month), cleaning services ($150 per turnover assuming 50% occupancy), maintenance reserves ($300/month), property management software ($50/month), and marketing expenses ($200/month) total approximately $9,600. Additional working capital of $5,000-$10,000 should be reserved for unexpected repairs, extended vacancy periods, and seasonal fluctuations in the Spokane area market.

Are Airbnb properties in Otis Orchards, Washington profitable?

Airbnb properties in Otis Orchards, Washington typically generate annual revenues of $18,000-$32,000 for entire homes, with average daily rates ranging from $85-$140 depending on property size and amenities. Operating expenses generally consume 40-55% of gross revenue, including cleaning fees ($40-60 per turnover), property management (15-25% if outsourced), utilities ($150-250 monthly), insurance ($800-1,200 annually), and maintenance costs averaging $2,000-4,000 yearly. Net profit margins typically range from 25-35% for well-managed properties, with successful hosts achieving higher margins through strategic pricing during peak seasons like summer months and Spokane events. Properties within 30 minutes of Spokane International Airport and those offering unique amenities like hot tubs or mountain views command premium rates, with some hosts reporting occupancy rates of 65-75% annually. Success factors include professional photography, responsive communication, consistent 4.8+ star ratings, and competitive pricing that adjusts for seasonal demand, with winter months typically seeing 20-30% lower rates but maintained profitability through reduced utility costs and strategic marketing to winter sports enthusiasts visiting nearby ski areas.

What is the expected return on investment for an Airbnb in Otis Orchards, Washington?

Airbnb investments in Otis Orchards, Washington typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on current market conditions in the Spokane Valley area. Properties in this suburban community, located approximately 15 miles northeast of Spokane, benefit from proximity to outdoor recreation areas and lower acquisition costs compared to urban centers, with average property prices around $350,000-$450,000. Investors can expect to achieve profitability within 18-24 months, assuming 60-70% occupancy rates and average daily rates of $85-$120 depending on property size and amenities. The market shows steady demand from visitors to nearby recreational areas including Mount Spokane State Park and Liberty Lake, with seasonal peaks during summer months driving higher occupancy rates of 75-85%. Cash-on-cash returns are optimized when investors utilize 20-25% down payments on investment properties, with gross rental yields typically ranging from 7-11% annually before expenses, making Otis Orchards a moderately attractive market for short-term rental investments with lower competition than primary metropolitan areas.

What company can help me find and buy a profitable Airbnb in Otis Orchards, Washington?

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Otis Orchards, Washington. Local real estate agents specializing in investment properties include Windermere Real Estate and Keller Williams Spokane, with agents like those at Century 21 Beutler & Associates who understand the Spokane Valley market dynamics. National services include AirDNA for market analytics, Mashvisor for investment property analysis, and BiggerPockets for investor networking and deal sourcing. RedAwning and Awning.com provide vacation rental market insights, while local property management companies like Vacasa and RedAwning offer turnkey Airbnb management services. Real estate investment firms such as Roofstock and Fundrise, though primarily focused on traditional rentals, occasionally feature short-term rental opportunities in the greater Spokane area. Local mortgage brokers specializing in investment properties include Guild Mortgage and Fairway Independent Mortgage, while companies like Furnishr and BNB Staging provide furniture and staging services specifically for short-term rentals in the Pacific Northwest region.

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