Washington, IA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Washington short-term rental market based on reliable data.

Listings

18 / 34

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$26,069

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$197,806

Median Home Sale Price

Top Earners

$43,994

Top-Earners Revenue

Washington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Washington.

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A

Very Investor friendly

Washington Regulations

Washington, IA permits STRs citywide under Iowa’s House File 2641, which limits municipal caps, fees, or complex permitting; the only state‑required zoning permit and tax registration are simple and inexpensive, and the city adopts a supportive tone, making the regulatory environment highly favorable for investors.

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About Washington

Washington is a small, historic city in southeastern Iowa, serving as the county seat of Washington County. With a population of roughly 7,000 residents, it carries the laid-back character of a classic Midwestern county seat, anchored by a tree-lined central square and a stately courthouse surrounded by locally owned shops, cafes, and small businesses. The community has deep agricultural roots and a quiet, neighborly feel, while its position in the rolling farmland of southeast Iowa places it within easy reach of a number of regional draws. The closest sizable city is Iowa City, home to the University of Iowa, located approximately thirty miles to the north along U.S. Route 218.

Just outside town, Lake Darling State Park offers a popular escape for visitors looking to enjoy the Iowa outdoors. Located about fifteen miles west of Washington near the community of Brighton, the park centers on a 302-acre lake and offers fishing, swimming, picnicking, camping, and several miles of hiking trails through woodlands and prairie. It is a frequent weekend destination for families from across the region and a natural fit for short-term rental guests who want a quieter alternative to Iowa's larger state parks.

To the north, the small town of Kalona sits roughly twelve miles from Washington and is one of the largest Old Order Amish and Mennonite communities in Iowa. Visitors come for the Kalona Historical Village, the well-known farmers market, bakeries, cheese shops, and country stores that line the main road. The area gives travelers a glimpse of rural heritage and traditional craftsmanship that is increasingly rare in the Midwest.

For those interested in entertainment, the Riverside Casino & Golf Resort is located in the nearby town of Riverside, about ten miles southeast of Washington. It combines gaming, hotel accommodations, live entertainment, and an 18-hole golf course, drawing visitors from across eastern Iowa and western Illinois. Guests at a Washington rental often pair an evening at the resort with daytime visits to surrounding small towns.

Washington makes a compelling base for short-term rentals precisely because it offers the calm and character of a small Iowa county seat while sitting within a short drive of Lake Darling State Park, the Amish heritage of Kalona, the gaming and golf at Riverside, and the larger cultural amenities of Iowa City. That combination of small-town charm, surrounding recreational options, and convenient regional access gives property owners a steady mix of leisure travelers, family visitors, and road-trippers looking for a peaceful home base in southeast Iowa.

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