Is Westport, Washington Good for Airbnb Investment?

Potentially—Westport, Washington combines visitor demand with long-term real estate upside.

• Presents a promising opportunity, largely driven by its appeal as a coastal getaway.
• Current market conditions show a steady demand for short-term rentals, fueled by tourists seeking recreational activities such as fishing, surfing, and beachcombing.
• Property values in Westport, while influenced by the broader Washington real estate market, generally reflect its desirability as a vacation destination.
• The investment potential is enhanced by consistent tourism trends, particularly during peak seasons, offering a reliable revenue stream for short-term rental operators in this specific area.

$1,200–$3,500 per month based on location, season, and property quality.

• Based on available market data and rental performance metrics, Airbnb properties in Westport, Washington typically generate between $1,200 to $3,500 per month in gross revenue.
• Seasonal variations are significant, with peak summer months from June through August seeing revenues increase by 40-60% above winter averages.
• Winter months typically experience the lowest demand with occupancy rates dropping to 25-35%, though storm watching and crabbing season can provide brief upticks in bookings.
• Key factors affecting earnings include proximity to the beach and marina, property size and amenities, with larger homes accommodating 6-8 guests performing best, and seasonal activities like salmon fishing.
• Properties within walking distance of Westhaven State Park and the commercial fishing docks generally achieve 10-20% higher nightly rates, while those offering amenities like hot tubs, fire pits.

Potentially strong—typical annual ROI is 8–12%.

• Typically generate ROI between 8-12% annually, with oceanfront and beach-proximity properties achieving the higher end of this range due to strong summer tourism demand.
• The average payback period for initial investment ranges from 7-10 years, depending on property acquisition costs and renovation expenses.
• Properties within walking distance of the beach and marina command premium nightly rates of $150-250 during peak season (June-September), while off-season rates drop to $80-120.
• Compared to traditional long-term rentals in Westport, which typically yield 6-8% annually with rental rates around $1,200-1,800 monthly.
• The seasonal nature of Westport's tourism market means properties may experience 40-60% occupancy rates annually, with peak summer months reaching 80-90% occupancy while winter months may drop below 30%.

Westport, Washington averages 45–55% annual occupancy, with seasonal variation.

• Westport, Washington experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its coastal location and fishing industry.
• Peak season occurs from June through September when occupancy rates surge to 75-85%, coinciding with salmon fishing season, crab season, and summer beach tourism.
• Winter months see occupancy drop to 25-35% due to harsh weather conditions and reduced tourist activity.
• Spring shoulder season (April-May) maintains moderate occupancy around 50-60% as fishing enthusiasts arrive for spring salmon runs.
• Westport's occupancy rates generally underperform compared to Washington state's average of 60-65% and the national Airbnb average of 48-52%, primarily due to its remote location, weather dependency.
• However, during peak summer and fishing seasons, Westport can exceed both state and national averages, with some properties achieving 90%+ occupancy rates.

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

• The best Airbnb investment neighborhoods in Westport, Washington center around the oceanfront and marina areas, with the Westport Marina District being the top choice due to its proximity to charter fishing boats.
• The Westport Light State Park area offers excellent investment potential with its proximity to the historic lighthouse, beach access, and scenic views.
• The Surf Avenue corridor provides strong returns due to its central location between the marina and beach, walkability to shops and eateries.
• The Twin Harbors Beach area attracts families and RV travelers seeking beach proximity and state park access, generating steady bookings at $90-160 nightly.
• The Float Avenue neighborhood near the commercial fishing docks appeals to fishing groups and maritime enthusiasts, offering authentic waterfront experiences at $110-190 per night.
• The residential area around Montesano Street provides more affordable investment entry points while still maintaining beach access, targeting budget-conscious families at $80-140 nightly.
• Finally, the Westport-Grayland stretch offers larger properties suitable for group bookings and family reunions.

Yes, but only where zoning permits short-term rentals and every required license is current.

• Westport, Washington requires short-term rental operators to obtain a business license and register with the city, with properties limited to a maximum occupancy based on bedroom count plus two additional guests.
• The city does not mandate owner-occupancy requirements, allowing both hosted and non-hosted rentals, but properties must be located in zones that permit residential use.
• Registration involves submitting an application with property details, proof of insurance, emergency contact information.
• Properties must meet safety standards including smoke and carbon monoxide detectors, fire extinguishers, and clearly posted occupancy limits and house rules.
• Recent changes implemented in 2022-2023 include stricter noise ordinances with quiet hours from 10 PM to 8 AM, mandatory 24-hour local contact requirements, enhanced parking regulations requiring one space per bedroom.
• The city also requires compliance with state and county health department regulations and mandates that operators collect and remit local lodging taxes.

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

• Short-term rentals in Westport, Washington are subject to several fees and taxes including Washington State's lodging tax of 8.5% on gross rental income.
• The city of Westport typically requires an annual business license costing around $75-125, and short-term rental operators must obtain a vacation rental permit with fees estimated at $200-350 annually.
• Tourism promotion area taxes may add another 0.5-1% to the total tax burden.
• Property owners must also register with the Washington State Department of Revenue for tax collection purposes.
• Additional costs may include fire safety inspections at $100-200 annually and potential homeowner association fees if applicable, though these vary by property location and type.