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Best Cities to Airbnb in Washington State and Nearby Cities: Airbnb Investment in 2023

Best Cities to Airbnb in Washington State: Get leads on the best cities to Airbnb in Washington State from this article backed by short-term rental analytics!

Best Cities to Airbnb in Washington

Get leads on the best cities to Airbnb in Washington State from this article backed by short-term rental analytics!

Key Takeaways

  • The economy of Washington State is driven by a very high employment rate which makes it a viable rental property market. In fact, rental leasing is among its top industries.  
  • Short-term rental data analytics can guide prospective investors in their next Airbnb business venture. 

Introduction

We bet you’re probably sipping a cup of coffee while searching on your PC for a profitable investment property in Washington State, known as the birthplace of Starbucks and Microsoft. While these brands have expanded globally, you can enter the short-term rental industry in The Evergreen State with data analytics as your guide!

Read this blog to know about the tools for making data-backed decisions without setting aside your cup of joe. And no worries, rental arbitrage can jumpstart your Airbnb business if you can’t own a rental property for now. 

Is Airbnb legal in Washington State?

Yes! Airbnb is legal in Washington State as long as operators have secured a business license from the local Department of Revenue. Investors must pay all applicable fees and taxes, including occupancy, sales, and lodgings, among others. 

Is Washington a good state to invest in real estate?

Real estate investing in Washington State can be a very great idea due to the following reasons:

  • Booming economy – The employment rate in Washington State has continued to rise over the past five years. Also, real estate and rental leasing are among the top sectors in the State along with the information and retail trade sectors. 
  • No income tax – The state does not impose personal and corporate taxes. However, this exception does not cover businesses in Washington State– all of which are subject to Business and Occupation and/or Public Utility Tax. Even so, locals get to take home more disposable income that can be spent to further boost the economy. 

Is Airbnb profitable in Washington State?

Generally, yes! A host in Seattle can earn $56,195 annually for operating a 3-bedroom Airbnb. They can charge a nightly rate of $265, and their average occupancy rate is 58%. Continue reading this blog to find out the revenue of Airbnb hosts in different cities in Washington State.

Best Cities to Airbnb in Washington State

8 Best Cities to Airbnb in Washington State

Airbtics’ Dashboard allows you to search the hottest real estate markets in Washington state. It will then give you key Airbnb data of your searched city. We already did the work for you! And according to our research, here are the best Airbnb cities in Washington State:

airbtics-logo-300x87
Location Number of Airbnb Listings Best Number of Bedrooms Airbnb Annual Revenue Median Property Price GRY
Bellingham 65 3 Bedrooms $86,723 $679,000 12.77%
Kirkland 82 2 Bedrooms $48,728 $660,000 7.38%
Bellevue 176 Studio unit $42,247 $589,000 7.17%
Vancouver 149 2 Bedrooms $38,177 $375,000 10.18%
Spokane 280 2 Bedrooms $32,617 $295,000 11.06%
Seattle 1,854 Studio Unit $30,799 $315,000 9.78%
Redmond 92 1 Bedroom $25,465 $439,000 5.80%
Tacoma 239 Studio Unit $21,341 $149,999 14.23%

Airbnb Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 65
  • Most Profitable Number of Bedrooms: 3 Bedrooms
  • Airbnb Annual Revenue Potential: $86,723
  • Median Property Price: $679,000
  • Gross Rental Yield: 12.77%
  • Total Number of Airbnb Listings: 82
  • Most Profitable Number of Bedrooms: 2 Bedrooms
  • Airbnb Annual Revenue Potential: $48,728
  • Median Property Price: $660,000
  • Gross Rental Yield: 7.38%
  • Total Number of Airbnb Listings: 176
  • Most Profitable Number of Bedrooms: Studio unit
  • Airbnb Annual Revenue Potential: $42,247
  • Median Property Price: $589,000
  • Gross Rental Yield: 7.17%
  • Total Number of Airbnb Listings: 149
  • Most Profitable Number of Bedrooms: 2 Bedrooms
  • Airbnb Annual Revenue Potential: $38,177
  • Median Property Price: $375,000
  • Gross Rental Yield: 10.18%
  • Total Number of Airbnb Listings: 280
  • Most Profitable Number of Bedrooms: 2 Bedrooms
  • Airbnb Annual Revenue Potential: $32,617
  • Median Property Price: $295,000
  • Gross Rental Yield: 11.06%
  • Total Number of Airbnb Listings: 1,854
  • Most Profitable Number of Bedrooms: Studio unit
  • Airbnb Annual Revenue Potential: $30,799
  • Median Property Price: $315,000
  • Gross Rental Yield: 9.78%
  • Total Number of Airbnb Listings: 92
  • Most Profitable Number of Bedrooms: 1 Bedroom
  • Airbnb Annual Revenue Potential: $25,465
  • Median Property Price: $439,000
  • Gross Rental Yield: 5.80%
  • Total Number of Airbnb Listings: 239
  • Most Profitable Number of Bedrooms: Studio unit
  • Airbnb Annual Revenue Potential: $21,341
  • Median Property Price: $149,999
  • Gross Rental Yield: 14.23%

Source: Airbtics Dashboard

Looking for a profitable Airbnb is so easy by using the Airbtics Dashboard. Typing in your target city is the first step toward your data-backed Airbnb property search.

Best Cities to Airbnb in Washington State

While you can already see the aggregate data of an Airbnb city, the figures will also update when you use the advanced filters! The lead will not only be about location. You will know that you can maximize your revenue if you get the right property type and the best number of bedrooms in each of your target cities!

Best Cities to Airbnb in Washington State

Airbtics Sample Market

Conclusion

Now that you know how stress-free it can be to look for a profitable rental property, we bet that you will start being on the lookout for more profitable Airbnb markets. That’s understandable because short-term rental analytics from Airbtics can help investors be more cautious or aggressive in their prospective Airbnb venture. 

See for yourself if you’re maximizing profit from this free Airbnb Calculator used by beginners and pros.

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Airbnb Investment All About Airbnb

Best Places in Texas to Buy Rental Property: 10 Profitable Areas near Fort Worth

 best places in texas to buy rental property

Key Takeaways
  • Fort Worth offers a relatively affordable housing market. On top of that, it has a strong job market and many attractions that draw plenty of visitors to the city.
  • Discover the benefits real estate investors can expect when investing in short-term rentals in Fort Worth, Texas.
  • Find out the top 10 neighborhoods and nearby cities in Fort Worth that you can potentially target, along with their recommended property types and Airbnb data.

Introduction

Fort Worth is situated in the North Central part of the state of Texas, right next to the big city of Dallas. The city offers plenty of enjoyable leisure activities around the city, so there’s always something fun to do. On top of that, Fort Worth conveys a 19th-century vibe that allows you to experience the fascinating cowboy spirit of the city’s surroundings.

In addition to this, Airbnb occupancy rates in Texas cities state that Fort Worth is one of the best cities to invest in real estate! This city offers an occupancy rate of 65% which is the second-highest among all major cities in Texas. 

Still, investors may wonder which areas are profitable for investment properties in Forth Worth, right?

Take it easy because, in this article, we’ll reveal the best places to buy a rental property in Fort Worth, Texas., We’ll also feature what to expect when investing in real estate in this city. Want to learn more? Then continue reading!

Perks of investing in real estate in Fort Worth, Texas

Starting an Airbnb business in Fort Worth is a fantastic way of achieving financial freedom since it offers a good return on investment to investors. Fort Worth is a modern city with a cowboy charm that’s truly enchanting. But what advantages does this city offer to Airbnb hosts? 

Check out some of the reasons why buying a rental property in Fort Worth is a magnificent idea:

  • Real estate value

While the housing value in North Texas has increased considerably as demand for properties has increased, Fort Worth’s real estate market remains quite affordable compared to major cities in the state. The median property price is $305K, trending up 9.1% year-over-year according to Zillow Index.

  • Plethora of job opportunities

Aside from Dallas and Houston, Forth Worth’s job market is one of the strongest in the US with many major corporations and startups. Professionals are naturally attracted to the variety of employment opportunities that the city offers. Currently, the unemployment rate in the city is 3.2%, which is slightly lower than the US average.

  • Plenty of things to do

Fort Worth offers much more than one first meets the eye! You will never run out of interesting things to do in this city. Whether you prefer visiting a historical site or having an exciting day in a water park, Forth Worth will surely have something for you. 

There are plenty of museums, parks, shopping options and restaurants, so it’s clear why so many tourists come here each year. In fact, the city welcomes more than 9M visitors per year as confirmed by Visit Forth Worth website.

Is Airbnb Profitable in Fort Worth, TX?

Real estate investors don’t have to worry because Airbtics confirms that investing in real estate in Forth Worth is profitable. But in spite of that, we must mention that the level of profitability depends on the property type and location.

According to Airbtics’ data, an Airbnb host can expect an average annual revenue of $43,032 and a median occupancy rate of 72% for operating a 2-bedroom property in Fort Worth.

best places in texas to buy rental property

10 Best Places to Buy Rental Properties near Fort Worth, Texas

Fort Worth is the 5th largest city in Texas state and the 13th one in the US. It has around 32 amazing neighborhoods. Thus, it’s a struggle to choose the right place to set up your rental property in Fort Worth, Texas.

Check out the best neighborhoods and nearby cities in Fort Worth that are recommended for Airbnb investment properties:

1. Sunset Heights, Fort Worth
  • Total Number of Airbnb Listings: 15
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $289,500
  • Airbnb Annual revenue: $77,842
  • Gross rental yield: 26.89%
2. Downtown Fort Worth
  • Total Number of Airbnb Listings: 30
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $295,000
  • Airbnb Annual revenue: $72,011
  • Gross rental yield: 24.41%
3. Fairmount-Southside Historic District, Fort Worth
  • Total Number of Airbnb Listings: 64
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $355,000
  • Airbnb Annual revenue: $52,679
  • Gross rental yield: 18.07%
4. Arlington Heights, Fort Worth
  • Total Number of Airbnb Listings: 38
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $415,000
  • Airbnb Annual revenue: $73,881
  • Gross rental yield: 17.80%
5. Bluebonnet Hills, Fort Worth
  • Total Number of Airbnb Listings: 23
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $435,000
  • Airbnb Annual revenue: $67,874
  • Gross rental yield: 15.60%
6. Arlington, TX
  • Distance from Fort Worth: 15 miles 
  • Total Number of Airbnb Listings: 348
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $325,000
  • Airbnb Annual revenue: $57,926
  • Gross rental yield: 17.82%
7. Dallas, TX
  • Distance from Fort Worth: 32 miles 
  • Total Number of Airbnb Listings: 3,647
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $315,000
  • Airbnb Annual revenue: $57,372
  • Gross rental yield: 18.21%
8. Denton, TX
  • Distance from Fort Worth: 34 miles 
  • Total Number of Airbnb Listings: 133
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $406,700
  • Airbnb Annual revenue: $76,598
  • Gross rental yield: 18.83%
9. Waco, TX
  • Distance from Fort Worth: 83 miles
  • Total Number of Airbnb Listings: 343
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $223,000
  • Airbnb Annual revenue: $60,679
  • Gross rental yield: 27.21%
10. Killeen-Temple, TX
  • Distance from Fort Worth: 110 miles 
  • Total Number of Airbnb Listings: 491
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $194,500
  • Airbnb Annual revenue: $33,693
  • Gross rental yield: 17.32%

Conclusion

We can conclude that the real estate market in Fort Worth and the nearby cities in Texas offer a variety of property options. There are many profitable areas where investors can earn a good passive income by owning an Airbnb listing. 

While there are plenty of neighborhoods and nearby cities in Fort Worth with high rental yields and annual revenue, it is worth mentioning that you should still analyze your options.

Now that you have a better view of the best places to buy a rental property in Fort Worth, Texas, go ahead and check our Airbnb profit estimator. Take advantage of the digital era by making use of the best analytics tool to maximize your profitability now!

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