Bainbridge Island, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

121 / 233

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$39,685

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$1,184,279

Median Home Sale Price

Top Earners

$93,064

Top-Earners Revenue

Bainbridge Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bainbridge Island.

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B

Generally Investor friendly

Bainbridge Island Regulations

STRs are explicitly permitted citywide with a straightforward online registration system and defined operational rules, but involve moderate complexity through annual certificates, state licensing, insurance, and tax filings. There are no strict caps on the number of STRs, and enforcement via a complaint system and penalties is manageable without being overly burdensome. The overall regulatory tone is supportive of STRs as long as compliance with standards like occupancy limits and tax obligations is maintained.

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About Bainbridge Island

Bainbridge Island is a community in Washington state's Kitsap County, situated in Puget Sound just west of downtown Seattle. With an approximate population of 25,000, it is one of the larger islands in the Sound and is closely tied to the Seattle metropolitan area via a year-round Washington State Ferry route. The island has a reputation for small-town character, an active arts scene, forested residential neighborhoods, and a working waterfront in its central Winslow district. It functions both as a quiet residential community and as a popular day-trip and overnight destination for visitors coming from Seattle, and it also serves as a stepping-off point for travelers heading to the Kitsap and Olympic Peninsulas.

One of the island's signature attractions is the Bloedel Reserve, a 150-acre garden and forest preserve on the northern end of the island. The reserve features cultivated Japanese, moss, and reflection gardens alongside mature native woodlands and meadows, and it is typically reached by car in roughly ten to fifteen minutes from the ferry terminal in Winslow. Just steps from the ferry landing, the Bainbridge Island Museum of Art is a free contemporary art museum in the heart of Winslow, hosting rotating exhibitions of regional artists and offering a quick cultural stop that pairs naturally with a stroll through the surrounding downtown shops and the waterfront boardwalk.

A short drive south of Winslow brings visitors to Fort Ward Park, a roughly 137-acre waterfront park that combines salt-water shoreline, walking trails, and the foundations of a former early-twentieth-century military installation, making it a popular spot for picnics, kayaking, and tide-pooling. Near the northern tip of the island, the Bainbridge Island Japanese American Exclusion Memorial marks the site where hundreds of Japanese American residents were forcibly removed and sent to internment camps during World War II, offering a sobering counterpoint to the island's otherwise pastoral image and giving the community a notable place of historical remembrance.

Bainbridge Island works well as a base for short-term rentals because it pairs a peaceful, distinctly Pacific Northwest setting with genuine proximity to a major city. Guests can step off the Seattle ferry into a walkable small-town core, spend the day exploring gardens, parks, and galleries, and still return to Seattle for an evening out, while longer-stay visitors can use the island as a launching point for drives south toward the Kitsap Peninsula or west across the Hood Canal Bridge toward the forests and coastline of Olympic National Park. This combination of ferry-front convenience, outdoor recreation, and easy access to two of the Pacific Northwest's most recognizable destinations gives the island a broad and steady appeal across weekend travelers, families, and remote-working visitors.

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