Auburn, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

72 / 221

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$31,738

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$613,583

Median Home Sale Price

Top Earners

$83,112

Top-Earners Revenue

Auburn

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Auburn.

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B

Generally Investor friendly

Auburn Regulations

Short‑term rentals are explicitly allowed in most residential zones with simple business licensing and a standard 5% lodging tax; no meaningful caps or reporting burdens are indicated, but restrictions persist in one zone and a license is still required, which keeps the environment friendly but not fully open.

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About Auburn

Auburn is a mid-sized city in King County, Washington, with a small portion spilling into neighboring Pierce County. Home to approximately 85,000 residents, it occupies the Green River Valley just inland from Puget Sound, where the river winds through town on its way toward the Cascades. Auburn carries a working-class, outdoorsy character, anchored by its long history in railroading and aerospace, and it is best known as a gateway to Mount Rainier and the surrounding White River wilderness. From downtown Seattle, Auburn sits roughly 30 miles to the south and is easily reached via State Route 18 or the combination of I-5 and State Route 167, making it a convenient base for travelers who want access to both the Seattle metro and the mountain.

One of the region's marquee draws is Mount Rainier National Park, whose Carbon River and Mowich Lake entrances are reachable from Auburn in about an hour and a half to two hours by car. The park offers glacier-fed meadows, the historic Paradise and Sunrise visitor areas, and an extensive trail network that draws hikers, climbers, and photographers year-round. Closer to town, Soos Creek Botanical Garden provides a quieter alternative, with woodland paths, native plantings, and heritage trees spread across more than 20 acres. The garden sits within a 15-minute drive of central Auburn and makes a low-key stop for visitors who want a stroll without committing to a full mountain day.

Another Auburn fixture is Emerald Downs, a thoroughbred horse racing track that has anchored the city's entertainment scene since the late 1990s. Live racing meets, a year-round simulcast facility, and on-site dining keep it active through the warmer months and offer an easy evening option for guests who want something to do without venturing into Seattle. Auburn's compact downtown, with its brick storefronts and the historic SOAR (School of the Arts) campus in the former Auburn High School building, adds a small-town feel that contrasts with the bigger cities nearby. The Muckleshoot Casino, operated by the Muckleshoot Indian Tribe just outside town, draws a steady regional crowd and contributes to Auburn's reputation as a stopover between urban and wilderness experiences.

Auburn's appeal as a short-term rental market comes from this exact mix: it is far enough from Seattle to feel like a retreat and to offer more space and better value, yet close enough for day trips into the city, and it serves as a natural jumping-off point for Mount Rainier and the South Sound. Guests can spend mornings hiking alpine trails, afternoons wandering the botanical garden or cheering on the ponies at Emerald Downs, and evenings sampling the city's varied dining scene, all without the parking headaches and pricing of staying directly in Seattle.

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