Airbnb Market Analytics, Statistics and Data in Redmond, Washington, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Redmond? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Redmond:
How much do Airbnb hosts make on average per month in Redmond?
The short-term rental market in Redmond shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,502 per month
- Strong performing properties (top 25%) make $4,444 or more
- Best-in-class properties (top 10%) achieve $7,094+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,256
Revenue Variations by Month
Occupancy Rates Throughout the Year in Redmond
The market in Redmond shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 55% occupancy rates
- Strong performing properties (top 25%) achieve 75% or higher
- Best-in-class properties (top 10%) reach 88%+occupancy
- Entry-level properties (bottom 25%) average around 31%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Redmond
Daily rates in Redmond vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $142 per night
- Strong performing properties (top 25%) secure $219 or more
- Best-in-class properties (top 10%) pull in $312+ per night
- Entry-level properties (bottom 25%) earn around $77
Daily Rate Variations by Month
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Seasonality patterns in Redmond
Peak Season (June, July, August)
- Revenue peaks at $4885.84 per month
- Occupancy rates reach 68.67%
- Daily rates average $202.39
Shoulder Season
- Revenue averages $3444.26 per month
- Occupancy maintains 53.03%
- Daily rates hold at $183.52
Low Season (December, November, January)
- Revenue drops to $1975.81 per month
- Occupancy decreases to 41.53%
- Daily rates adjust to $160.11
Is it still profitable to do Airbnb in Redmond in 2025?
Yes! Redmond demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 53% and strong monthly revenue averaging $3444 and The market's 190 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Redmond
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Redmond | The vibrant heart of Redmond, with proximity to shops, restaurants, and the famous Redmond Town Center, making it appealing for both business and leisure travelers. | Redmond Town Center, Marymoor Park, iPic Theaters, Redmond Central Connector, Ten Trails Park |
| Bear Creek | A residential area offering a peaceful environment and close access to nature trails, parks, and recreational activities, perfect for families and nature lovers. | Bear Creek Park, Redmond Watershed Preserve, Sammamish River Trail, Idylwood Park, Marymoor Park |
| Education Hill | Known for its excellent schools and family-friendly atmosphere, this area attracts visitors looking for a community-oriented experience with great outdoor spaces. | Redmond High School, Farrel-McWhirter Farm Park, Education Hill Park, Pine Lake Open Space, Evans Creek Preserve |
| Sammamish Valley | Surrounded by picturesque landscapes, this area is popular for outdoor activities such as hiking and cycling, appealing to nature enthusiasts and active travelers. | Sammamish River, Woodinville wine country, Redmond Cycling '74, Tolt River., Wild Strawberry Farm |
| Grass Lawn | A residential community with a mix of parks and neighborhood amenities, great for travelers looking for a serene stay close to family-friendly spots. | Grass Lawn Park, Redmond Community Center, Cleveland Street, Mason Park, Battlecreek Park |
| Redmond Ridge | Offers a suburban feel with ample green spaces and trails, ideal for guests seeking a quieter stay with beautiful views and nature activities. | Redmond Ridge Park, Cadman Park, Chirp Park, Redmond Ridge Trailhead, Avondale Park |
| Willows | This area combines residential charm with proximity to shopping centers and parks, making it a great choice for visitors seeking convenience and comfort. | Willows Run Golf Course, Redmond Town Center, Willows Park, Sammamish Lake, The Village at Totem Lake |
| Union Hill-Novelty Hill | A semi-rural area with larger homes and a close-knit community vibe, perfect for families who enjoy farming and outdoor life while still being near the city. | Novelty Hill-Januik Winery, Snoqualmie Valley Trail, Woodinville-Snohomish Road, Pine Lake Park, Pine Ridge Park |
Do you need a license for Airbnb in Redmond?
We recommend checking directly with Redmond's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Redmond
Glass House Lake Front Retreat Water Views/Seattle
Entire Place • 6 bedrooms
Tuscan Style in Heart of Woodinville Wine Country
Entire Place • 5 bedrooms
Entire Pvt. Home|Huge Pvt. Yard|Chef Kitchen|AC|EV
Entire Place • 4 bedrooms
Family Redmond Home with AC 3 mins to MSFT
Entire Place • 4 bedrooms
AC Luxury 4K sq ft by Microsft, Lake. Cascade view
Entire Place • 5 bedrooms
Grand living w/ chef kitchen m/s Lake, Microsoft
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Redmond
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Alexis | 7 | $723,827 | 1052 | 4.85/5.0 |
| Vince | 4 | $214,546 | 532 | 4.74/5.0 |
| Bo | 4 | $197,796 | 169 | 4.86/5.0 |
| Luna | 2 | $194,094 | 138 | 4.96/5.0 |
| 2Plus | 2 | $189,800 | 70 | 4.83/5.0 |
| Evolve | 4 | $175,433 | 53 | 3.50/5.0 |
| Pamela | 1 | $162,953 | 13 | 4.77/5.0 |
| Sanjeet | 1 | $158,672 | 35 | 4.97/5.0 |
| 5r Suites | 3 | $140,829 | 55 | 4.82/5.0 |
| 262243951 | 4 | $121,393 | 79 | 4.98/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Redmond
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (69.5%), with house and apartment & condo properties comprising 80.5% of inventory
- Untapped potential in unique stays, outdoor & mobile segments (2.2% combined)
Room Capacity Distribution
Analysis of 190 properties in Redmond shows that 1 bedroom properties are most prevalent, making up 32.1% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 53.7% of all listings.
Key Insights
- Most common: 1 bedroom (32.1%)
- Least common: 5+ bedrooms (3.2%)
- Market concentration: 53.7% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 190 properties in Redmond reveals that 4 guests properties dominate the market, representing 20.5% of all listings. The average property accommodates 3.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 35.8% of the market.
Key Insights
- Most common capacity: 4 guests (20.5% of market)
- Least common capacity: 1 guest (0.5% of market)
- Average guest capacity: 3.4 guests per property
- Market concentration: 35.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 190 properties in Redmond, the most common availability pattern is 181-270 days (35.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (36.3% of properties).
Key Insights
- Most common availability window: 181-270 days (35.8%)
- Most common booking duration: 91-180 days (36.3%)
- Properties with high availability (180+ days): 62.6%
- Properties with long-term bookings (180+ days): 40.0%
Minimum Stay Distributions
1 Night
66 listings
37.9% of total
2 Nights
33 listings
19% of total
3 Nights
25 listings
14.4% of total
4-6 Nights
22 listings
12.6% of total
7-29 Nights
15 listings
8.6% of total
30+ Nights
13 listings
7.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 56.9%
- Mid-length stays (4-6 nights) represent 12.6% of listings
- Monthly+ stays (7.5%) suggest a stable extended-stay market
- High market flexibility with 71.3% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
2 listings
1.2% of total
Flexible
18 listings
10.4% of total
Moderate
51 listings
29.5% of total
Firm
31 listings
17.9% of total
Strict
71 listings
41% of total
Key Insights
- Strict is the preferred policy at 41.0% of listings
- The market shows a balanced distribution between guest-friendly (39.9%) and strict (58.9%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 1.2% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Aug, averaging 78 days
- Shortest booking windows are in Nov, Dec, Jan, averaging 36 days
- Summer shows the longest average booking window at 78 days, while Winter has the shortest at 37 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 78 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Jan when lead times are shortest
Popular Airbnb Amenities in Redmond
Every property in Redmond comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 84.1% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (6.8%) and United Kingdom (1.6%)
- English is the top language at 73.4%, followed by Spanish (11.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.9%
Recommendations
- Target marketing campaigns for Seattle and Portland markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Redmond. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Canyon Creek | 10 | $7,161 | $312.93 | 62% |
| Erlands Point-Kitsap Lake | 11 | $6,558 | $356.05 | 58% |
| Lake Goodwin | 11 | $5,746 | $385.80 | 44% |
| Woods Creek | 11 | $5,593 | $358.64 | 46% |
| Ronald | 151 | $5,058 | $425.51 | 39% |
| Verlot | 11 | $4,969 | $253.44 | 60% |
| Cape George Colony Club | 10 | $4,893 | $260.17 | 60% |
| North Bend | 51 | $4,824 | $316.31 | 62% |
| Sudden Valley | 65 | $4,811 | $308.53 | 53% |
| Amanda Park | 10 | $4,684 | $402.96 | 46% |
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