Wenatchee

As of May 2026, Wenatchee, Leavenworth, Chelan have 1,910 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Wenatchee generates $38K per year. High-performing properties earn $77K/year, while low-performing properties earn $14K/year. This significant variance suggests that market success is heavily skewed toward top-tier assets, despite a recent 25% drop in overall revenue per listing.

Average home prices in Wenatchee vary by property size: 1-bedroom properties cost approximately $363K, 2-bedroom homes average $359K, 3-bedroom properties are around $473K, and 4+ bedroom homes average $535K. These prices reflect median home values across the Wenatchee, Leavenworth, Chelan area.

Airbnb and VRBO can be profitable in Wenatchee, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 17%, which is considered top for short-term rental investment. The wide gap in yield potential highlights a bifurcated market where only a select group of operators capture premium returns.

The average occupancy rate for Airbnbs and VRBOs in Wenatchee is 26%. This occupancy level, combined with an average nightly rate of $368, results in a RevPAR (revenue per available room) of $76 per day.

4+ bedroom properties demonstrate the strongest performance in Wenatchee, with an average gross yield of 10% and annual revenue of $63K. These properties balance purchase price ($535K), operating costs, and rental demand most effectively in the Wenatchee market.

Short-term rental regulations vary by jurisdiction in the Wenatchee area. Wenatchee: Moderate. Business license required, zoning compliance needed, safety inspections. Standard enforcement through complaints. Leavenworth: Strict. Conditional use permit required, owner-occupancy mandate for residential zones, density caps in neighborhoods. Active enforcement due to community pressure. Chelan: Moderate. Business license and lodging tax required, good neighbor policies, parking rules. Complaint-driven enforcement, many operate informally. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Wenatchee Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has decreased 25%. This indicates balanced supply-demand dynamics. The drop in revenue despite shrinking inventory suggests that demand compression is currently outpacing the effects of reduced market competition.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 54% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (February-March) when gaining traction is harder.

The most common amenities in Wenatchee listings include: Air Conditioning (93%), Kitchen (85%), Tv (76%), Washing Machine (75%), Heating (59%). Amenities that boost revenue the most include Gym, Lake Access, Hot Tub, with Gym properties earning approximately 60% more ($99K/year vs $62K/year).

Monthly estimated revenue per listing in Wenatchee over the last 12 months: May: $2K, June: $4K, July: $5K, August: $5K, September: $2K, October: $2K, November: $1K, December: $2K, January: $1K, February: $1K, March: $1K, 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 Wenatchee is $368, up 16% year-over-year. By property size: 1-bedroom properties average $243/night, 2-bedroom properties average $313/night, 3-bedroom properties average $384/night, 4+ bedroom properties average $620/night. Rates peak in July and are lowest in March.

Guests in Wenatchee book an average of 44 days in advance, down 16% from last year. By property size: 1-bedroom: 41 days, 2-bedroom: 46 days, 3-bedroom: 45 days, 4+ bedroom: 45 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Wenatchee Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing decreased 25%, occupancy fell 14%, average nightly rates increased 16%, and lead time decreased 16%. These metrics point to a market transitioning toward shorter booking windows and lower utilization, challenging the sustainability of recent rate hikes.

In Wenatchee, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 62% higher occupancy than weekdays.