Spokane

As of May 2026, Spokane, Coeur d'Alene, Sandpoint have 1,357 active Airbnb and VRBO listings. This represents a 11% decrease from the previous year.

The average Airbnb or VRBO in Spokane generates $31K per year. High-performing properties earn $52K/year, while low-performing properties earn $12K/year. The significant performance spread suggests that top-tier assets are capturing demand more effectively despite a 24% revenue contraction, highlighting a widening gap between premium and standard listings.

Average home prices in Spokane vary by property size: 1-bedroom properties cost approximately $294K, 2-bedroom homes average $354K, 3-bedroom properties are around $425K, and 4+ bedroom homes average $499K. These prices reflect median home values across the Spokane, Coeur d'Alene, Sandpoint area.

Airbnb and VRBO can be profitable in Spokane, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 13%, which is considered top for short-term rental investment. This yield disparity reflects how top performers leverage existing demand to outpace the broader market's revenue decline.

The average occupancy rate for Airbnbs and VRBOs in Spokane is 38%. This occupancy level, combined with an average nightly rate of $200, results in a RevPAR (revenue per available room) of $57 per day.

4+ bedroom properties demonstrate the strongest performance in Spokane, with an average gross yield of 11% and annual revenue of $56K. These properties balance purchase price ($499K), operating costs, and rental demand most effectively in the Spokane market.

Short-term rental regulations vary by jurisdiction in the Spokane area. Spokane: Moderate. Business license required, zoning restrictions apply, no owner-occupancy mandate. Complaint-driven enforcement, some hosts operate in restricted zones. Coeur d'Alene: Strict. Conditional use permit required, owner-occupancy mandatory, density limits by zone, 500-foot spacing rule. Active enforcement with violations pursued. Sandpoint: Lenient. Business license and lodging tax required, minimal restrictions. Light enforcement, primarily complaint-based. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Spokane Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 11% year-over-year, while RevPAR has decreased 24%. This indicates balanced supply-demand dynamics. The drop in RevPAR relative to supply contraction suggests that demand has softened faster than inventory, signaling a shift toward a more competitive environment for hosts.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is -4% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-January) when gaining traction is harder.

The most common amenities in Spokane listings include: Kitchen (96%), Air Conditioning (94%), Tv (88%), Washing Machine (84%), Heating (70%). Amenities that boost revenue the most include Hot Tub, Bbq, Washing Machine, with Hot Tub properties earning approximately 50% more ($55K/year vs $36K/year).

Monthly estimated revenue per listing in Spokane over the last 12 months: May: $2K, June: $2K, July: $2K, August: $2K, September: $2K, October: $2K, November: $1K, December: $1K, January: $883, February: $924, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Spokane is $200, up 20% year-over-year. By property size: 1-bedroom properties average $124/night, 2-bedroom properties average $161/night, 3-bedroom properties average $232/night, 4+ bedroom properties average $369/night. Rates peak in August and are lowest in January.

Guests in Spokane book an average of 30 days in advance, down 20% from last year. By property size: 1-bedroom: 25 days, 2-bedroom: 30 days, 3-bedroom: 32 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Spokane Airbnb and VRBO market has seen the following changes: supply declined 11%, revenue per listing decreased 24%, occupancy fell 17%, average nightly rates increased 20%, and lead time decreased 20%. These metrics indicate that while price increases have slowed, the market is experiencing shorter booking windows and lower utilization rates overall.

In Spokane, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 59% higher occupancy than weekdays.