Airbnb in Everett: Should You Short-Term Rent Your Home?

Nobody else in Everett is providing this analysis. The national Airbnb blogs don’t have Everett-specific data. The local real estate sites don’t cover STR at all. This page gives you everything: current market stats, regulations you must follow, revenue potential, and an honest comparison of Airbnb vs. long-term rental vs. selling.

Everett Airbnb Market: The Numbers

Metric Everett Data
Active Airbnb Listings ~135
Average Occupancy Rate 57%
Average Nightly Rate $148
Average Annual Revenue per Listing ~$25,000
Top Performers (90th percentile) $35,000–$45,000/year

Everett Short-Term Rental Regulations

Business license required. You must have an active City of Everett business license to operate a short-term rental.

Maximum 2 STR properties per person. Everett caps individual operators at 2 short-term rental properties.

3% lodging tax. You must collect and remit a 3% lodging tax on all short-term rental income.

Washington State B&O Tax: Short-term rental income is subject to Washington’s Business & Occupation tax. Current rate for rental income is 1.5% of gross revenue.

Check your HOA: Many HOAs in Glacier View and some condo buildings downtown prohibit or restrict short-term rentals.

Revenue Potential

Property Type Nightly Rate Est. Occupancy Gross Annual Revenue After Expenses*
1-bed condo (Downtown) $100–$130 55–65% $20,000–$31,000 $12,000–$20,000
2-bed house $130–$160 50–60% $24,000–$35,000 $15,000–$22,000
3-bed house (family-friendly) $160–$220 50–60% $29,000–$48,000 $18,000–$30,000
Unique property (waterfront, views) $200–$300 55–70% $40,000–$77,000 $25,000–$48,000

Best Neighborhoods for Airbnb in Everett

Downtown: Highest demand. Proximity to Everett Station, waterfront, restaurants. Condos work well.

Northwest Everett: Character Craftsman homes attract visitors looking for a unique experience. Walkability is a major plus.

Bayside: Waterfront/view properties command premium nightly rates. Seasonal demand higher in summer.

Near Boeing / Naval Station: Steady demand from contractors, temporary workers, and military families in transition.

Seasonal Demand Patterns

Peak (June–September): 65–75% occupancy. Premium rates.

Shoulder (April–May, October): 50–60% occupancy.

Low (November–March): 35–50% occupancy. Military/Boeing demand provides a floor.

Airbnb vs. Long-Term Rental vs. Selling

Airbnb Long-Term Rental Sell
Annual income (on $600K home) $15,000–$30,000 net $20,000–$28,000 net One-time: ~$550K net
Management effort High (or 20–25% to manager) Moderate (or 8–10% to manager) One-time
Flexibility High Low N/A
Regulatory risk Higher Lower None
Appreciation upside Yes Yes No

Startup Costs for an Airbnb in Everett

Item Cost
Furnishing (full, mid-range) $5,000–$15,000
Photography (professional) $200–$400
City business license ~$100–$200/year
Insurance supplement $500–$1,500/year
Smart lock, supplies, starter kit $500–$1,000
Total startup $6,300–$18,100

Thinking About Airbnb?

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