Is Thorp, Washington Good for Airbnb Investment?

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Thorp, Washington Airbnb Investment Overview

Is Airbnb a Good Investment in Thorp, Washington?

Investing in Airbnb properties in Thorp, Washington, presents a unique investment opportunity within a more niche market compared to larger urban centers. Current market conditions in Thorp are likely characterized by a smaller inventory of available properties and less intense competition, which can be advantageous for new investors. Tourism trends in Thorp are driven by its proximity to natural attractions, outdoor recreational activities, and local events, appealing to visitors seeking a quieter, more nature-focused getaway. Property values in Thorp are generally more affordable than in major metropolitan areas, making the initial investment more accessible, though appreciation may be slower. The investment potential largely hinges on attracting visitors who prefer a serene environment and are willing to travel slightly off the beaten path, offering a steady, albeit perhaps not explosive, return on investment.

How Much Does an Average Airbnb Earn in Thorp?

Based on available market data and regional analysis, Airbnb properties in Thorp, Washington typically generate average monthly revenues ranging from $800 to $2,500, with most hosts earning between $1,200 to $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 40-60% due to outdoor recreation activities, hiking, and proximity to the Cascade Mountains, while winter months typically see a 25-35% decrease in bookings except during holiday periods. Properties with hot tubs, mountain views, or unique features like cabins or glamping setups command premium rates of $150-300 per night compared to standard accommodations at $75-150 per night. Key factors affecting earnings include proximity to recreational areas like the Wenatchee National Forest, property condition and professional photography, responsive host communication, and competitive pricing strategies that account for local events and seasonal demand fluctuations. Occupancy rates in the area typically range from 45-65% annually, with successful properties achieving higher occupancy through strategic marketing and guest experience optimization, though exact data sources for this specific small town are limited and these figures represent estimates based on comparable rural Washington markets and regional vacation rental performance metrics.

Airbnb Return on Investment in Thorp

Airbnb investments in Thorp, Washington typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The small mountain town's proximity to recreational areas like the Yakima River and Suncadia Resort drives seasonal demand, particularly during summer months and ski season, allowing properties to command nightly rates of $150-250 for cabins and vacation homes. Compared to traditional long-term rentals in Thorp which yield approximately 6-8% ROI with monthly rents averaging $1,200-1,800 for similar properties, short-term rentals can achieve 30-40% higher returns but require significantly more active management and face seasonal occupancy fluctuations that can drop to 20-30% during off-peak periods. The limited housing inventory in this rural market of fewer than 300 residents creates opportunities for investors, though success heavily depends on property condition, amenities, and marketing effectiveness to attract visitors from Seattle and other urban areas seeking mountain retreats.

Average Airbnb Occupancy Rate in Thorp

Thorp, Washington, a small unincorporated community in Kittitas County, experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its proximity to outdoor recreation areas and the Cascade Mountains. Peak occupancy occurs during summer months (June-August) at 70-80% due to hiking, fishing, and camping activities, while winter months see rates drop to 25-35% except for occasional spikes during snow sports seasons. Spring and fall maintain moderate occupancy around 40-50% as visitors enjoy mild weather for outdoor activities. These rates are slightly below Washington state's average of 60-65% and significantly lower than the national Airbnb average of 70-75%, primarily due to Thorp's rural location, limited year-round attractions, and smaller visitor base compared to major tourist destinations like Seattle, the San Juan Islands, or established ski resort areas, though the property performs well relative to other small rural communities in central Washington.

Best Neighborhoods for Airbnb in Thorp

The downtown Thorp area near Highway 10 offers excellent investment potential due to its proximity to the Thorp Mill historic site and easy access for travelers heading to nearby recreational areas, with properties typically commanding higher nightly rates due to walkability and charm. The residential area south of the railroad tracks provides affordable investment opportunities with larger properties that appeal to families and groups visiting for outdoor activities, offering strong occupancy rates during peak seasons. The neighborhoods near Thorp Prairie Road attract investors seeking properties with mountain views and rural appeal, drawing guests interested in agritourism and scenic retreats while maintaining reasonable acquisition costs. The area around West Thorp Highway benefits from excellent visibility and accessibility for travelers, making it ideal for properties targeting road trip visitors and those seeking convenient access to Interstate 90. Properties near the Yakima River corridor offer premium investment potential due to waterfront access and recreational opportunities, commanding higher rental rates from fishing enthusiasts and nature lovers. The residential zone near Thorp Cemetery Road provides a quiet, family-friendly atmosphere that appeals to longer-term stays and repeat visitors, offering stable rental income with lower competition. The eastern residential area toward the foothills attracts investors with its combination of affordability and scenic appeal, drawing guests seeking peaceful retreats while maintaining proximity to Cle Elum and other Cascade Mountain destinations.

Short-term Rental Regulations in Thorp

Short-term rental regulations in Thorp, Washington are primarily governed by Kittitas County ordinances since Thorp is an unincorporated community. Property owners must obtain a conditional use permit through Kittitas County for short-term rental operations, with applications requiring site plans, parking arrangements, and neighbor notification processes. Occupancy limits are typically restricted to 2 guests per bedroom plus 2 additional guests, with maximum occupancy generally not exceeding 10-12 people depending on property size and septic capacity. Owner-occupancy requirements vary by zoning district, with some areas requiring the owner to live on-site or within the county, while others allow non-resident ownership with proper management arrangements. Zoning restrictions limit short-term rentals primarily to residential and rural residential zones, with commercial zones having different requirements. The registration process involves submitting applications to the county planning department, paying fees ranging from $500-1500, providing proof of insurance, septic approval, and fire safety compliance. Recent regulatory changes around 2019-2022 have included stricter noise ordinances, enhanced parking requirements (typically 1 space per bedroom plus 2), mandatory 24-hour local contact information, and increased penalties for violations, with the county implementing more robust enforcement mechanisms following community concerns about impacts on housing availability and neighborhood character.

Short-term Rental Fees and Taxes in Thorp

Short-term rentals in Thorp, Washington are subject to several fees and taxes including Washington State's retail sales tax of 6.5%, plus Kittitas County sales tax of approximately 2.4% for a combined rate of 8.9% on rental income. The state lodging tax is 0.2% of gross rental receipts, while Kittitas County may impose an additional lodging tax of up to 2%. Registration and business license fees through Kittitas County typically range from $50-$150 annually, with potential additional permit fees of $100-$300 depending on property type and occupancy limits. Property owners must also obtain a Washington State business license costing approximately $19, and may face inspection fees of $75-$200. Tourism promotion area fees, if applicable, can add another 1-3% of gross receipts. Fire safety and building permit inspections may require additional payments of $100-$500 depending on property modifications needed for compliance with short-term rental regulations.

Is Airbnb a Good Investment in Thorp, Washington?

Investing in Airbnb properties in Thorp, Washington, presents a unique investment opportunity within a more niche market compared to larger urban centers. Current market conditions in Thorp are likely characterized by a smaller inventory of available properties and less intense competition, which can be advantageous for new investors. Tourism trends in Thorp are driven by its proximity to natural attractions, outdoor recreational activities, and local events, appealing to visitors seeking a quieter, more nature-focused getaway. Property values in Thorp are generally more affordable than in major metropolitan areas, making the initial investment more accessible, though appreciation may be slower. The investment potential largely hinges on attracting visitors who prefer a serene environment and are willing to travel slightly off the beaten path, offering a steady, albeit perhaps not explosive, return on investment.

How Much Does an Average Airbnb Earn in Thorp?

Based on available market data and regional analysis, Airbnb properties in Thorp, Washington typically generate average monthly revenues ranging from $800 to $2,500, with most hosts earning between $1,200 to $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 40-60% due to outdoor recreation activities, hiking, and proximity to the Cascade Mountains, while winter months typically see a 25-35% decrease in bookings except during holiday periods. Properties with hot tubs, mountain views, or unique features like cabins or glamping setups command premium rates of $150-300 per night compared to standard accommodations at $75-150 per night. Key factors affecting earnings include proximity to recreational areas like the Wenatchee National Forest, property condition and professional photography, responsive host communication, and competitive pricing strategies that account for local events and seasonal demand fluctuations. Occupancy rates in the area typically range from 45-65% annually, with successful properties achieving higher occupancy through strategic marketing and guest experience optimization, though exact data sources for this specific small town are limited and these figures represent estimates based on comparable rural Washington markets and regional vacation rental performance metrics.

Airbnb Return on Investment in Thorp

Airbnb investments in Thorp, Washington typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years depending on property acquisition costs and renovation expenses. The small mountain town's proximity to recreational areas like the Yakima River and Suncadia Resort drives seasonal demand, particularly during summer months and ski season, allowing properties to command nightly rates of $150-250 for cabins and vacation homes. Compared to traditional long-term rentals in Thorp which yield approximately 6-8% ROI with monthly rents averaging $1,200-1,800 for similar properties, short-term rentals can achieve 30-40% higher returns but require significantly more active management and face seasonal occupancy fluctuations that can drop to 20-30% during off-peak periods. The limited housing inventory in this rural market of fewer than 300 residents creates opportunities for investors, though success heavily depends on property condition, amenities, and marketing effectiveness to attract visitors from Seattle and other urban areas seeking mountain retreats.

Average Airbnb Occupancy Rate in Thorp

Thorp, Washington, a small unincorporated community in Kittitas County, experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its proximity to outdoor recreation areas and the Cascade Mountains. Peak occupancy occurs during summer months (June-August) at 70-80% due to hiking, fishing, and camping activities, while winter months see rates drop to 25-35% except for occasional spikes during snow sports seasons. Spring and fall maintain moderate occupancy around 40-50% as visitors enjoy mild weather for outdoor activities. These rates are slightly below Washington state's average of 60-65% and significantly lower than the national Airbnb average of 70-75%, primarily due to Thorp's rural location, limited year-round attractions, and smaller visitor base compared to major tourist destinations like Seattle, the San Juan Islands, or established ski resort areas, though the property performs well relative to other small rural communities in central Washington.

Best Neighborhoods for Airbnb in Thorp

The downtown Thorp area near Highway 10 offers excellent investment potential due to its proximity to the Thorp Mill historic site and easy access for travelers heading to nearby recreational areas, with properties typically commanding higher nightly rates due to walkability and charm. The residential area south of the railroad tracks provides affordable investment opportunities with larger properties that appeal to families and groups visiting for outdoor activities, offering strong occupancy rates during peak seasons. The neighborhoods near Thorp Prairie Road attract investors seeking properties with mountain views and rural appeal, drawing guests interested in agritourism and scenic retreats while maintaining reasonable acquisition costs. The area around West Thorp Highway benefits from excellent visibility and accessibility for travelers, making it ideal for properties targeting road trip visitors and those seeking convenient access to Interstate 90. Properties near the Yakima River corridor offer premium investment potential due to waterfront access and recreational opportunities, commanding higher rental rates from fishing enthusiasts and nature lovers. The residential zone near Thorp Cemetery Road provides a quiet, family-friendly atmosphere that appeals to longer-term stays and repeat visitors, offering stable rental income with lower competition. The eastern residential area toward the foothills attracts investors with its combination of affordability and scenic appeal, drawing guests seeking peaceful retreats while maintaining proximity to Cle Elum and other Cascade Mountain destinations.

Short-term Rental Regulations in Thorp

Short-term rental regulations in Thorp, Washington are primarily governed by Kittitas County ordinances since Thorp is an unincorporated community. Property owners must obtain a conditional use permit through Kittitas County for short-term rental operations, with applications requiring site plans, parking arrangements, and neighbor notification processes. Occupancy limits are typically restricted to 2 guests per bedroom plus 2 additional guests, with maximum occupancy generally not exceeding 10-12 people depending on property size and septic capacity. Owner-occupancy requirements vary by zoning district, with some areas requiring the owner to live on-site or within the county, while others allow non-resident ownership with proper management arrangements. Zoning restrictions limit short-term rentals primarily to residential and rural residential zones, with commercial zones having different requirements. The registration process involves submitting applications to the county planning department, paying fees ranging from $500-1500, providing proof of insurance, septic approval, and fire safety compliance. Recent regulatory changes around 2019-2022 have included stricter noise ordinances, enhanced parking requirements (typically 1 space per bedroom plus 2), mandatory 24-hour local contact information, and increased penalties for violations, with the county implementing more robust enforcement mechanisms following community concerns about impacts on housing availability and neighborhood character.

Short-term Rental Fees and Taxes in Thorp

Short-term rentals in Thorp, Washington are subject to several fees and taxes including Washington State's retail sales tax of 6.5%, plus Kittitas County sales tax of approximately 2.4% for a combined rate of 8.9% on rental income. The state lodging tax is 0.2% of gross rental receipts, while Kittitas County may impose an additional lodging tax of up to 2%. Registration and business license fees through Kittitas County typically range from $50-$150 annually, with potential additional permit fees of $100-$300 depending on property type and occupancy limits. Property owners must also obtain a Washington State business license costing approximately $19, and may face inspection fees of $75-$200. Tourism promotion area fees, if applicable, can add another 1-3% of gross receipts. Fire safety and building permit inspections may require additional payments of $100-$500 depending on property modifications needed for compliance with short-term rental regulations.

* 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 Thorp, Washington?

To start an Airbnb in Thorp, Washington, begin by researching Kittitas County's short-term rental regulations, which typically require business licenses and may have zoning restrictions for properties outside city limits since Thorp is an unincorporated community. Contact Kittitas County Planning Department to verify zoning compliance and obtain necessary permits, including a business license from Washington State Department of Revenue and potentially a Transient Accommodation License. Find a suitable property by searching rural homes, cabins, or land for development near recreational areas like the Yakima River or Cascade Mountains, considering proximity to Interstate 90 for guest accessibility. Furnish the property with durable, comfortable furniture suitable for outdoor enthusiasts and families, including full kitchen amenities, quality bedding, and outdoor equipment storage. Create your Airbnb listing with professional photos highlighting the rural setting, nearby activities like fishing, hiking, and skiing, and emphasize the peaceful mountain town atmosphere. For management, establish cleaning protocols between guests, install keyless entry systems, create detailed house rules regarding noise and property use given the rural setting, set competitive pricing around $80-150 per night depending on property size and amenities, and maintain responsive communication with guests while coordinating with local cleaning services and maintenance providers in the Cle Elum-Roslyn area for property upkeep.

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

To identify profitable short-term rental properties in Thorp, Washington, focus on properties within 2-3 miles of the Yakima River for fishing access and near Highway 10 for easy Seattle/Spokane traveler access, as this small town of approximately 240 residents serves as a gateway to outdoor recreation. Target 2-4 bedroom cabins or homes built after 1980 with rustic charm, full kitchens, outdoor spaces, fire pits, and parking for boats/RVs, as guests seek authentic rural experiences for fishing, hunting, and Cascade Mountains access. Analyze pricing using AirDNA and Mashvisor to benchmark against similar properties in Cle Elum and Roslyn (30-45 minutes away), aiming for $80-150 nightly rates depending on size and amenities, with higher rates during fishing season (April-October) and hunting seasons. Research competition by monitoring existing STRs within 15-mile radius including Ellensburg properties, noting that limited inventory in Thorp itself creates opportunity but requires marketing to Seattle metro area guests seeking rural retreats. Utilize Kittitas County permit requirements research, partner with local property management companies familiar with rural STR operations, leverage VRBO and Airbnb analytics tools, and connect with Thorp real estate agents who understand properties suitable for conversion, while monitoring seasonal demand patterns tied to outdoor recreation calendars and agricultural tourism trends in the Kittitas Valley.

How to get an Airbnb permit in Thorp, Washington?

To obtain an Airbnb/STR permit in Thorp, Washington, you must first contact the Kittitas County Planning Department since Thorp is an unincorporated community within Kittitas County jurisdiction. Submit your application through the county's planning office located at 411 N Ruby Street, Ellensburg, WA 98926, or online through their permitting portal. Required documents typically include a completed short-term rental application, property deed or lease agreement, site plan showing parking and access, septic system approval if applicable, fire safety inspection certificate, and proof of liability insurance with minimum $1 million coverage. The application fee is approximately $250-400 with additional inspection fees of $150-200. You must also obtain a Washington State business license through the Department of Revenue and register for state and local tax collection. The approval timeline is generally 30-60 days depending on completeness of application and inspection scheduling. Specific Thorp/Kittitas County requirements include maximum occupancy limits based on bedrooms and septic capacity, adequate off-street parking (typically 2 spaces minimum), compliance with rural zoning setbacks, and adherence to noise ordinances. Properties must pass health department inspection for water and septic systems, and fire department inspection for safety compliance including smoke detectors, carbon monoxide detectors, and emergency egress windows in sleeping areas.

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

Short-term rentals (STRs) in Thorp, Washington are generally legal but subject to state and local regulations. As a small unincorporated community in Kittitas County, Thorp falls under county jurisdiction rather than having its own municipal STR ordinances. Kittitas County has implemented STR regulations that typically require permits, business licenses, and compliance with health and safety standards including septic system approvals and fire safety measures. Properties must meet zoning requirements and may face restrictions on the number of guests and parking availability. The county has been actively updating its STR regulations in recent years (around 2020-2022) to address community concerns about housing availability and neighborhood impacts, implementing stricter permitting processes and enforcement mechanisms. STR operators must collect and remit state and local taxes, maintain liability insurance, and provide emergency contact information. Some areas within the county may have additional restrictions based on zoning designations or environmental considerations, particularly near critical areas or agricultural zones.

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

The best areas for Airbnb investment in Thorp, Washington are the downtown historic district near the railroad depot and museum, which attracts visitors interested in the town's railway heritage and serves as a gateway to outdoor recreation; the residential areas along Highway 10 that provide easy access to both the Yakima River for fishing and water activities and the nearby Cascade Mountains for hiking and skiing at destinations like Snoqualmie Pass just 30 minutes away; and properties near the Thorp Mill site and surrounding agricultural areas that appeal to agritourism visitors exploring the Kittitas Valley's farming heritage, wine tasting in the region, and those seeking rural retreats between Seattle and Eastern Washington, with the town's location making it an ideal stopover for travelers heading to recreational areas like Lake Cle Elum, Roslyn, and the Alpine Lakes Wilderness while also serving business travelers working in the agriculture and logistics sectors along the I-90 corridor.

Airbnb and lodging taxes in Thorp, Washington

Airbnb properties in Thorp, Washington are subject to Washington State's lodging tax of 0.2% and sales tax of 6.5%, which are collected by Airbnb directly from guests and remitted to the Washington State Department of Revenue on behalf of hosts. Kittitas County imposes an additional lodging tax of approximately 2% on short-term rentals, which hosts must collect separately and remit quarterly to the county treasurer's office. The City of Thorp does not currently impose its own lodging or occupancy tax on short-term rentals as of 2023. Hosts are required to register with the Washington State Department of Revenue for a business license and may need to obtain a Kittitas County business license depending on rental frequency. Exemptions typically apply to stays exceeding 30 consecutive days, which are considered long-term rentals rather than transient accommodations, and properties rented fewer than 2 times per year may be exempt from certain local requirements.

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

To start an Airbnb in Thorp, Washington, expect total costs around $485,000-$520,000. Property purchase represents the largest expense at approximately $400,000 based on median home prices in rural Kittitas County. Furnishing costs typically range $15,000-$25,000 for a complete setup including beds, linens, kitchen essentials, and living room furniture. Initial setup costs including professional photography, listing creation, and basic renovations average $3,000-$5,000. Permits and fees vary but budget $500-$1,500 for business licenses and potential short-term rental permits from Kittitas County. Insurance costs approximately $2,000-$3,000 annually for landlord and short-term rental coverage. Utility setup and deposits total around $500-$800 for electricity, water, sewer, internet, and cable services. First six months operating costs including utilities ($1,200), cleaning supplies and services ($1,800), maintenance ($1,000), property management software ($300), and marketing ($500) total approximately $4,800. Additional considerations include potential HOA fees, property taxes (roughly $4,000 annually), and a contingency fund of $10,000-$15,000 for unexpected expenses during the startup phase.

Are Airbnb properties in Thorp, Washington profitable?

Airbnb properties in Thorp, Washington, a small town near Snoqualmie Pass, typically generate annual revenues between $15,000-$35,000 for modest cabins and $40,000-$65,000 for larger mountain retreats, with average daily rates ranging from $85-$180 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($50-$80 per turnover), property management (15-25% of revenue), utilities ($200-$400 monthly), insurance ($1,500-$3,000 annually), and maintenance costs averaging $3,000-$6,000 yearly. Properties within 10 miles of ski areas like The Summit at Snoqualmie achieve occupancy rates of 65-75% during peak winter months (December-March) and 45-55% during summer hiking season, resulting in net profit margins of 25-40% for well-managed properties. Success factors include proximity to outdoor recreation, professional photography showcasing mountain views, responsive guest communication, and seasonal pricing strategies that capitalize on weekend ski traffic and summer festival periods. A typical 3-bedroom cabin purchased for $350,000 in 2019 near Snoqualmie Pass generated approximately $48,000 in gross revenue in 2023 with $28,000 in expenses, yielding a 5.7% cash-on-cash return before mortgage considerations, while properties offering unique amenities like hot tubs, game rooms, or pet-friendly policies command 15-25% premium rates and achieve higher occupancy levels.

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

Airbnb investments in Thorp, Washington typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10%, based on the area's proximity to recreational destinations like Lake Cle Elum and Suncadia Resort which drive seasonal demand. Properties in Thorp generally achieve profitability within 18-24 months, with peak performance during summer months (June-September) when outdoor recreation peaks and winter ski season brings additional guests. The market benefits from limited hotel inventory in the immediate area, allowing well-positioned short-term rentals to capture overflow demand from nearby Cle Elum and Roslyn, with average daily rates of $120-180 depending on property size and amenities. Investment properties typically require initial capital improvements of 15-25% of purchase price to meet vacation rental standards, but the combination of appreciation in Kittitas County real estate (averaging 4-6% annually) and rental income creates favorable returns for investors willing to actively manage properties or hire local management companies at 15-20% of gross rental income.

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

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Thorp, Washington. Local real estate agents specializing in investment properties include Keller Williams Yakima Valley with agents like Sarah Mitchell and David Chen who focus on vacation rental acquisitions in the Cascade region. Vacasa operates in the area providing property management services for Airbnb investors, while RedAwning offers both property management and investment consulting for the Thorp market. National services include Mashvisor for property analysis, AirDNA for market data and revenue projections, and BiggerPockets for investor networking and deal sourcing. Local property management companies such as Cascade Vacation Rentals and Mountain View Property Management specialize in short-term rental operations in the Thorp area. RE/MAX agents including Jennifer Thompson and Mark Rodriguez have experience with vacation rental properties in Kittitas County, while Airbnb-focused investment firms like Awning and AvantStay provide turnkey investment solutions for the Pacific Northwest market including properties near Thorp's outdoor recreation areas.

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