Cle Elum, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

375 / 730

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$60,763

Middle-Earners Revenue

Occupancy

43%

Middle-Earners Occupancy

Home Value

$592,989

Median Home Sale Price

Top Earners

$142,567

Top-Earners Revenue

Cle Elum

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cle Elum.

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B

Generally Investor friendly

Cle Elum Regulations

STRs are legal, with clear state and county rules and a straightforward permitting process; the $1M insurance, fire/safety inspection, and tax obligations are moderate but manageable, and there are no caps or opaque bans. Compliance is known and not overly burdensome.

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About Cle Elum

Cle Elum is a small city in Kittitas County, Washington, set in the upper Yakima River Valley on the eastern slope of the Cascade Range. With a population of roughly 2,000 residents, the town has the feel of a Pacific Northwest mountain village, complete with historic brick storefronts, a strong outdoor-recreation culture, and four-season appeal. It serves as a popular gateway to the central Cascades, including the surrounding national forest lands and several alpine reservoirs, and sits about 80 miles east of Seattle, roughly a 90-minute to two-hour drive via Interstate 90.

Just a few miles north of Cle Elum, Lake Cle Elum is a large reservoir on the Yakima River that draws visitors year-round. In summer the lake is a hub for boating, swimming, and water sports, with public access points and marinas scattered around its shoreline. In winter the surrounding terrain turns snowy enough for cross-country skiing and snowshoeing, and the area around the lake is popular for ice fishing as well. The nearest public boat launches are roughly a 10- to 15-minute drive from downtown.

The neighboring town of Roslyn is one of the most distinctive historic communities in the region, founded in the 1880s as a Northern Pacific Railroad coal-mining town and now listed on the National Register of Historic Places. Visitors come to stroll the brick-paved streets, tour the Roslyn Museum, and trace the locations used as the fictional Cicely, Alaska, in the 1990s television series "Northern Exposure." Roslyn sits about five miles north of Cle Elum, a short drive up State Route 903.

For travelers who prefer wheels under them rather than water, the Palouse to Cascades State Park Trail — formerly the John Wayne Pioneer Trail and part of an old Milwaukee Road rail corridor — passes right through the Cle Elum and Ronald area. The trail is a multi-use route popular with cyclists, hikers, and horseback riders, and it links the Puget Sound region to eastern Washington. Trailheads are within a few minutes of downtown, and longer day-trip sections run through tunnels, across trestles, and into the high Cascade country.

Cle Elum's appeal for short-term-rental owners comes from the way it pairs a small, walkable base with a deep bench of nearby destinations: a major lake, a historic small town, a long-distance trail, and the broader Cascade Range, all within easy reach of one of the largest metro areas in the Pacific Northwest. Visitors looking for a quieter alternative to Seattle or to the busier ski-resort corridors to the west find Cle Elum a natural fit, and the steady year-round calendar of fishing, hiking, and snow-season activity helps support consistent demand.

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