Performance indicators for the Cheney short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
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Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
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Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Cheney.
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Generally Investor friendly
Short‑term rentals are allowed citywide but treated as commercial lodging, meaning they must pass zoning verification (with possible conditional use permits), standard business licensing, fire/life‑safety compliance, parking plans, and lodging‑tax collection—moderate complexity but no strict caps or a dedicated STR ban. Overall, the process is known and manageable for investors.
Local STR Agent
STR specialist · Cheney, WA
Cheney ( CHEE-nee) is a city in Spokane County, Washington, United States. The full-time resident population was 13,255 as of the 2020 census. Eastern Washington University is located in Cheney. When classes are in session at EWU, the city's population reaches approximately 17,600 people temporarily.