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Gig Harbor, Washington
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Gig Harbor, Washington, USA?

What is the occupancy rate of Airbnb in Gig Harbor, Washington, USA?

What is the average daily rate of Airbnb in Gig Harbor, Washington, USA?


Last updated on: 15th May, 2024



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USA / Washington / Gig Harbor, Washington
Investing in a short-term rental can be highly stable and profitable. It's stable because housing has been one of the most stable asset classes. Also, when you can't do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Gig Harbor, Washington is good for Airbnb.
Best Airbnb Markets in USA ⟶
Occupancy Rate

66%

$228

Daily Rate

$53K+

Revenue (2023)

2.9%

Net Yield

35

Number of Listings
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Is Airbnb Profitable in Gig Harbor, Washington ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 2.9%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Gig Harbor, Washington is booked for 172 nights a year, with a median occupancy rate of 47% and an average daily rate of $173. In Gig Harbor, Washington, A typical host income (annual revenue) was $29,932 in 2023.

Best Areas in Gig Harbor for Airbnb

Are you wondering where to invest in Gig Harbor? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Maritime City
  2. Gig Harbor Waterfront
  3. Skansie Brothers Park
  4. Harbor History Museum
  5. Kopachuck State Park
  6. Eddon Boat Park
  7. Crescent Creek Park
  8. Discovery Village
  9. Jerisich Park
  10. Austin Estuary Park
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Gig Harbor, Washington's Airbnb Data ⟶
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