Airbnb Market Analytics, Statistics and Data in Spokane Valley, 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 Spokane Valley? 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 Spokane Valley:
How much do Airbnb hosts make on average per month in Spokane Valley?
The short-term rental market in Spokane Valley 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 $2,192 per month
- Strong performing properties (top 25%) make $3,504 or more
- Best-in-class properties (top 10%) achieve $5,701+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,321
Revenue Variations by Month
Occupancy Rates Throughout the Year in Spokane Valley
The market in Spokane Valley 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 52% occupancy rates
- Strong performing properties (top 25%) achieve 71% or higher
- Best-in-class properties (top 10%) reach 86%+occupancy
- Entry-level properties (bottom 25%) average around 30%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Spokane Valley
Daily rates in Spokane Valley 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 $113 per night
- Strong performing properties (top 25%) secure $168 or more
- Best-in-class properties (top 10%) pull in $266+ per night
- Entry-level properties (bottom 25%) earn around $83
Daily Rate Variations by Month
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Seasonality patterns in Spokane Valley
Peak Season (June, July, August)
- Revenue peaks at $3530.21 per month
- Occupancy rates reach 67.89%
- Daily rates average $150.87
Shoulder Season
- Revenue averages $2724.55 per month
- Occupancy maintains 50.82%
- Daily rates hold at $141.19
Low Season (November, December, January)
- Revenue drops to $1537.75 per month
- Occupancy decreases to 35.77%
- Daily rates adjust to $129.93
Is it still profitable to do Airbnb in Spokane Valley in 2025?
Yes! Spokane Valley demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 51% and strong monthly revenue averaging $2725 and The market's 124 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 Spokane Valley
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Liberty Lake | Serene waterside community perfect for family vacations and outdoor activities. Close to nature trails and beautiful parks, attracting visitors looking for relaxation and recreation. | Liberty Lake County Park, Meadowwood Technology Campus, Liberty Lake Golf Course, Riverside State Park, Centennial Trail |
| Spokane Valley Mall | A shopping haven with a variety of stores and eateries, drawing shoppers and families. Great for short stays with easy access to amenities and entertainment. | Spokane Valley Mall, Splash Down Waterpark, Patsy Clark Mansion, Mirabeau Point Park, Northtown Mall |
| Greenacres | A quaint suburb with a family-friendly atmosphere, appealing to travelers seeking a quiet retreat while being close to Spokane's attractions. | Greenacres Park, Veradale River Park, Bowl and Pitcher, Hiking trails, Peaceful neighborhoods |
| Park Road Area | Popular for its proximity to the Spokane River and various outdoor activities, ideal for nature lovers and adventure seekers. | Spokane River, Centennial Trail, Liberty Lake, Hiking trails, Fishing spots |
| University District | Home to Gonzaga University, this vibrant area is filled with students and young professionals, offering a lively atmosphere and cultural activities. | Gonzaga University, Riverfront Park, The Spokane Arena, Gallery of the Inland Northwest, Brewpubs |
| North Side | A residential area with parks and recreational activities, suitable for families and those looking for a suburban feel close to the city. | Riverside State Park, Drumheller Springs Park, Wandering Waters Park, North Spokane Family Park, Parks and trails |
| South Hill | An upscale neighborhood known for its beautiful homes and views, attracting couples and families looking for a picturesque stay. | Manito Park, Spokane Valley Heritage Museum, Spokane Riverfront Park, Shopping, Dining options |
| Central Spokane | The heart of the city, full of culture, dining, and nightlife. Perfect for travelers who want to experience the urban lifestyle of Spokane. | Riverfront Park, Downtown Spokane, The Bing Crosby Theater, Spokane Convention Center, Parks and museums |
Do you need a license for Airbnb in Spokane Valley?
We recommend checking directly with Spokane Valley'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 Spokane Valley
Valley villa with pool, hot tub, sauna & game room
Entire Place • 6 bedrooms
Huge 5 Bed 3 Bath Home in Greenacres
Entire Place • 5 bedrooms
Tranquil Valley Home I Refreshed & Revitalized
Entire Place • 4 bedrooms
Family Friendly Home in Quiet Neighborhood
Entire Place • 5 bedrooms
Charming Valley Home I Hot Tub Getaway!
Entire Place • 5 bedrooms
Spacious Valley Home I Perfect for Families!
Entire Place • 6 bedrooms
Top Performing Professional Hosts in Spokane Valley
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Jeffrey | 5 | $319,978 | 571 | 4.85/5.0 |
| Jerry And Natasha | 4 | $133,044 | 245 | 4.95/5.0 |
| Su | 1 | $114,003 | 37 | 5.00/5.0 |
| Justin | 4 | $107,541 | 134 | 4.87/5.0 |
| Evolve | 4 | $100,675 | 35 | 3.69/5.0 |
| Andrew | 4 | $92,531 | 227 | 4.88/5.0 |
| Breanna | 1 | $92,404 | 38 | 4.89/5.0 |
| Carrie And Katie | 5 | $83,911 | 135 | 4.95/5.0 |
| Isaac And Emily | 1 | $80,742 | 44 | 4.93/5.0 |
| Rachel | 1 | $67,915 | 38 | 4.92/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Spokane Valley
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 (87.1%), with house and apartment & condo properties comprising 82.3% of inventory
- Untapped potential in outdoor & mobile, unique stays segments (4.0% combined)
Room Capacity Distribution
Analysis of 124 properties in Spokane Valley shows that 1 bedroom properties are most prevalent, making up 29% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 55.6% of all listings.
Key Insights
- Most common: 1 bedroom (29%)
- Least common: 5+ bedrooms (8.1%)
- Market concentration: 55.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 124 properties in Spokane Valley reveals that 4 guests properties dominate the market, representing 23.4% of all listings. The average property accommodates 4.7 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 8+ guests make up 46.8% of the market.
Key Insights
- Most common capacity: 4 guests (23.4% of market)
- Least common capacity: 7 guests (2.4% of market)
- Average guest capacity: 4.7 guests per property
- Market concentration: 46.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 124 properties in Spokane Valley, the most common availability pattern is 91-180 days (34.7% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (34.7% of properties).
Key Insights
- Most common availability window: 91-180 days (34.7%)
- Most common booking duration: 181-270 days (34.7%)
- Properties with high availability (180+ days): 54.8%
- Properties with long-term bookings (180+ days): 46.0%
Minimum Stay Distributions
1 Night
42 listings
37.2% of total
2 Nights
50 listings
44.2% of total
3 Nights
7 listings
6.2% of total
4-6 Nights
3 listings
2.7% of total
7-29 Nights
5 listings
4.4% of total
30+ Nights
6 listings
5.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 81.4%
- Mid-length stays (4-6 nights) represent 2.7% of listings
- Monthly+ stays (5.3%) suggest a stable extended-stay market
- High market flexibility with 87.6% 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
Flexible
24 listings
21.4% of total
Moderate
44 listings
39.3% of total
Firm
19 listings
17% of total
Strict
25 listings
22.3% of total
Key Insights
- Moderate is the preferred policy at 39.3% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 60.7% of the market
- Firm policies are least common at 17.0% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 54 days
- Shortest booking windows are in Sep, Oct, Jan, averaging 25 days
- Summer shows the longest average booking window at 51 days, while Winter has the shortest at 28 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 51 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Sep-Jan when lead times are shortest
Popular Airbnb Amenities in Spokane Valley
Below is the distribution of amenities across listings in Spokane Valley:
Traveler Demographics
Key Insights
- Domestic travelers make up 94.2% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (5%) and DC (0.3%)
- English is the top language at 82.4%, followed by Spanish (12.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.5%
Recommendations
- Target marketing campaigns for Seattle and Spokane markets
- Develop localized content for Canada and DC
- 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 Spokane Valley. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Sagle | 95 | $4,183 | $423.99 | 42% |
| Lakeside | 150 | $3,716 | $362.54 | 46% |
| Hayden Lake | 14 | $3,699 | $412.49 | 43% |
| Fairwood | 18 | $3,616 | $238.17 | 57% |
| Newman Lake | 10 | $3,565 | $251.56 | 46% |
| Cocolalla | 11 | $3,434 | $369.69 | 40% |
| Hayden | 101 | $3,424 | $359.92 | 51% |
| Nine Mile Falls | 22 | $3,392 | $270.32 | 45% |
| Priest Lake | 23 | $3,378 | $333.72 | 40% |
| Newport | 29 | $3,326 | $249.94 | 48% |
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