Airbnb & VRBO Performance in Spokane Washington.

Short-Term Rental Regulations in Spokane, Washington for 2024

General Requirements

• Definition of Short-Term Rental: Rentals in a residential dwelling for fewer than 30 consecutive nights.

Zoning and Permitting

• Allowed Zones: Short-term rentals are allowed in all areas zoned for residential use.
• Permit Requirement: A short-term rental permit is required for each dwelling unit being rented. Permits can be submitted online through the City’s Accela Citizen Access portal.
• Application Fees:
• $200 for STRs in residential zones, with a $100 annual renewal fee.
• $300 for STRs in other zones, with a $150 annual renewal fee.

Property Limitations

• Single-Family Homes and Units: Only one STR is allowed per detached single-family structure, accessory dwelling unit (ADU), or individually-owned condo/apartment unit.
• Multi-Family Buildings: STRs are limited to no more than 20% of units in residential zones and no more than 30% of units in nonresidential zones.

Safety and Compliance

• Life Safety Compliance: Property owners must submit an annual Life Safety Compliance form showing that they maintain basic safety features such as smoke/CO detectors and fire extinguishers.
• Fire Inspection: STRs must meet building safety standards and pass an initial fire inspection, with self-certification allowed for renewals.

Operational Requirements

• Maximum Occupancy: Limited to 2 people per bedroom plus 2 additional people.
• On-Site Parking: Adequate on-site parking must be provided per existing standards.
• Neighbor Notification: STR operators must notify neighbors about their operation, especially in residential zones.

Business Licensing and Taxes

• Business License: STR operators must obtain a City of Spokane business license endorsement through the Washington State Department of Revenue.
• Tax Compliance: Hosts must collect and remit state and local sales taxes. Airbnb and Vrbo collect these taxes on behalf of operators, but hosts still need to register with the state Department of Revenue and file lodging tax returns.

Advertising and Documentation

• Permit Number in Advertisements: The permit number must be included in all advertisements and listings for the STR.
• Required Documents: Site and floor plans, proof of property ownership or permission, proof of liability insurance, and 24/7 contact information for the owner or operator must be provided.

Enforcement and Compliance

• Monitoring and Enforcement: The City has contracted with Granicus to assist with short-term rental monitoring and enforcement, starting in January 2024. Hosts operating without a permit will receive a notification letter with a 30-day grace period to comply.
• Penalties for Non-Compliance: Failure to comply can result in fines, permit revocation, and other penalties.

Top Airbnb Revenue-Generating Neighborhoods in Spokane, Washington

1. Riverside

• Average Revenue: $32.7K per year
• Average Daily Rate: $157.1 per night
• Average Occupancy Rate: 57%
• Average RevPAR: $90.3
• Appeal: Riverside is a historic district in the heart of downtown Spokane, offering unbeatable convenience with easy access to restaurants, shops, and entertainment venues. Its unique blend of historic architecture, proximity to the Spokane River and Riverfront Park, and a vibrant food and drink scene make it highly appealing to guests.

2. Cannon Hill

• Average Revenue: $38.6K per year
• Average Daily Rate: $176.2 per night
• Average Occupancy Rate: 60%
• Average RevPAR: $107.6
• Appeal: Located in the historic South Hill neighborhood, Cannon Hill is known for its picturesque streets, stunning architecture, and convenient location near downtown Spokane. The neighborhood's mix of historic homes, including craftsman bungalows, Victorians, and mid-century homes, and its strong sense of community, make it a charming and desirable area for guests.

3. South Hill (including areas near Manito Park)

• Average Ratings: 4.98/5 and above for various listings
• Appeal: The South Hill area, particularly around Manito Park, is highly rated for its walkable locations, proximity to parks, restaurants, and shopping. Homes in this area are often fully updated, offer easy access to downtown Spokane, and are close to major hospitals and universities. The scenic beauty of Manito Park and the convenience of the location make it a favorite among guests.

These neighborhoods stand out due to their unique historical charm, convenient locations, and access to various amenities, making them highly attractive for Airbnb guests in Spokane, Washington.

Furnishing and Design Tips for an Inviting Airbnb in Spokane, Washington

Understanding Your Audience and Location

• Know Your Guests: Spokane Valley attracts outdoor enthusiasts, families, and those seeking cultural experiences. Tailor your furnishings to cater to these diverse groups.

Choosing the Right Furniture

• Select Timeless, Sturdy Pieces: Opt for furniture that is durable and easy to clean. Avoid flimsy or high-maintenance materials like real or faux leather.
• Space-Saving Furniture: Use sofa beds, folding tables, and ottomans with hidden storage to maximize space and functionality.
• Comfortable and Practical: Choose comfy, lightweight chairs and a solid bed with a minimum 8-inch thick mattress, preferably memory foam.

Creating a Cozy Ambiance

• Mix of Rustic and Modern: Combine rustic and modern furnishings to reflect Spokane's natural charm and appeal to diverse guest preferences.
• Local Touches: Incorporate elements that reflect the local culture or history, such as contemporary artisanal art pieces or mountain-themed decor.

Essential Amenities

• Well-Equipped Kitchen: Provide a coffee maker, microwave, toaster, kettle, and basic cookware, utensils, and dinnerware. Include extras like a blender and sharp knives.
• Guest Comforts: Stock up on high-quality, durable towels in neutral colors, basic toiletries, a hairdryer, and a first-aid kit.

Smart Storage and Organization

• Utilize Smart Storage: Use beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized.
• Designated Spaces: Ensure each area has a clear purpose, such as a well-defined reading nook, dining area, or relaxation spot.

Lighting and Technology

• Inviting Lighting: Avoid office-like light fixtures and opt for warm, inviting lighting. Use mirrors to make the space feel bigger and brighter.
• Smart Home Features: Consider adding smart home features like keyless entry, smart thermostats, or streaming devices for entertainment.

Cleanliness and Maintenance

• Hotel-Like Cleanliness: Use white linens and ensure all furniture and decor are easy to clean. Avoid clutter and personal items that can make guests feel intrusive.
• Regular Maintenance: Ensure your property is safe, clean, and well-maintained. Install smoke detectors, carbon monoxide detectors, and a first aid kit.

Additional Touches

• Local Guides and Information: Leave informative books, local guides, and simple games to enhance the guest experience.
• Scented Ambiance: Use quality shampoo, soap, and scented candles to create a welcoming atmosphere.

Accessibility and Safety

• Accessibility Features: Consider making your Airbnb accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.
• Safety Equipment: Ensure all necessary safety equipment is installed and functional, and schedule regular fire/safety inspections as required by local regulations.

Discovering Spokane, Washington: Local Attractions and Insider Tips

Must-Visit Attractions

Riverfront Park

• A 100-acre urban park and the heart of Spokane, featuring the Spokane Falls, the Numerica SkyRide Gondola, the Great Northern Clock Tower, the Looff Carousel, and the Big Red Wagon.

Spokane Falls

• Experience the upper and lower falls, with the best views from the suspension bridge, Monroe Street Bridge, or the Numerica SkyRide Gondola. Peak viewing time is in early spring during snowmelt.

Numerica SkyRide Gondola

• Offers a bird's eye view of the Spokane Falls and Riverfront Park. A great way to see the raw power of the Spokane River up close ($12.95 per adult).

Great Northern Clock Tower

• A 155-foot tall landmark and the last remaining structure from the 1902 Great Northern Railway Depot. Enjoy its intricate architecture and hourly chimes.

Looff Carousel

• A historic 1909 carousel located in Riverfront Park, offering a fun and family-friendly activity.

Centennial Trail

• A 37-mile paved trail perfect for biking, walking, or jogging. It runs along the Spokane River and offers scenic views and access to various parks.

Riverside State Park

• A large park with opportunities for hiking, biking, and whitewater rafting. Don't forget to get a Discover Pass for access.

Manito Park and Botanical Gardens

• Stroll through the beautiful gardens, including a Japanese Garden and a rose garden. A serene escape from the city.

Mount Spokane State Park

• Drive to the summit for panoramic views or enjoy skiing and snowboarding in the winter. A great spot for outdoor enthusiasts.

Insider Tips

Best Time to Visit Spokane Falls

• Early spring is the best time to see the Spokane Falls at their peak, due to snowmelt.

Local Cuisine

• Check out Cochinito Taqueria for great Mexican food and explore the local brewery scene for a taste of Spokane's craft beer.

Family-Friendly Activities

• The Big Red Wagon in Riverfront Park is a larger-than-life sculpture that doubles as a slide. The park also features the Garbage Eating Goat and the Providence Playscape.

Cultural Experiences

• Visit the Northwest Museum of Arts and Culture, the Martin Woldson Theater at The Fox, and the Historic Davenport Hotel for a glimpse into Spokane's rich history and culture.

Outdoor Adventures

• Consider booking a whitewater rafting tour from mid-April to June. Popular hiking spots include the Bowl and Pitcher hike and the Rocks of Sharon, Dishman Hills Conservation Area.

Special Events

• The Pavilion at Riverfront Park hosts festive light shows year-round on weekends and special light performances on major holidays. Check the local event calendar for more activities.

By sharing these attractions and tips, you can help your guests make the most of their visit to Spokane, Washington.

Practical Tips to Run a Successful Short Term Rental Business in Spokane, Washington

To ensure a smooth and successful short-term rental business in Spokane, Washington, several practical tips can be implemented. Here are some key considerations:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to avoid violations and maintain good neighbor relations. Include clear guidelines in your digital and physical house manual, and consider posting a notice in the rental property.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the property's rules, including noise regulations, to set clear expectations for guests.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique access code and detailed instructions on how to enter the property. This not only enhances convenience but also reduces the likelihood of key-related issues.

Clear Parking Instructions

Ensure that guests have clear parking instructions, including photos of designated parking areas. This helps prevent parking violations and reduces the risk of guest frustration. Include these instructions in your house manual and consider sending them via email or messaging before the guest's arrival.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain compliance with Spokane's short-term rental regulations.

Here is a brief list of house cleaning providers in Spokane, Washington:

House Cleaning Services in Spokane, WA

509 Cleaning Services

• Offers one-time, regular, and deep cleaning services.
• Licensed, bonded, and insured.
• Uses eco-friendly cleaning products.
• Services include baseboard cleaning, glass cleaning, general dusting, and more.

Clean Bee Residential

• Provides recurring cleaning, deep cleaning, and move-in/out cleaning services.
• Tailored cleaning services to fit client needs.
• Serves various zip codes in the Spokane area.
• Offers free, no-obligation quotes.

Two Maids

• Experienced house cleaners with thorough training, background checks, and fully bonded and insured.
• Supplies all necessary cleaning equipment and products.
• Customizable services including one-time deep cleans and recurring cleaning.
• Multi-award-winning company with over 15 years of experience.

Maid Naturally

• Local establishment providing one-time, regular, and post-renovation cleaning services.
• Uses environmentally friendly “green” housekeeping products.
• Fully licensed, bonded, and insured staff.
• Detailed interviews to ensure customized cleaning services.

Short-Term Rental Management Fees in Spokane, Washington

In Spokane, Washington, the management fees for short-term rentals can vary significantly based on the level of service provided. Typically, these fees range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive services such as guest communication, marketing, dynamic pricing, and property maintenance, tends to be on the higher end of this spectrum, often ranging from 20% to 30%.

Basic service packages, which may include only the essentials like listing creation and booking management, can be more affordable, starting at around 10% of the rental revenue. Additionally, hosts may incur extra fees for services like cleaning, repairs, and interior design, which can further impact the overall cost of managing a short-term rental property. Choosing the right management level and understanding all associated fees are crucial for optimizing the financial performance of a short-term rental in Spokane.