Kent, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

88 / 243

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$26,574

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$646,049

Median Home Sale Price

Top Earners

$53,857

Top-Earners Revenue

Kent

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Kent.

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C

Challenging to Investors

Kent Regulations

The six-month permanent residency requirement significantly limits investment potential by disqualifying absentee landlord strategies. While licensing is affordable ($51) and STRs are clearly legal, the residency mandate combined with the 3-room limit for partial rentals and operational restrictions makes compliance challenging for pure investment properties.

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About Kent

Kent is a city in King County, Washington, United States. It is part of the Seattle–Tacoma–Bellevue metropolitan area and had a population of 136,588 as of the 2020 census, making it the 4th most populous municipality in greater Seattle and the 6th most populous in Washington state. The city is connected to Seattle, Bellevue and Tacoma via State Route 167 and Interstate 5, Sounder commuter rail, and commuter buses. Incorporated in 1890, Kent is the second-oldest incorporated city in the county, after the county seat of Seattle. It is generally divided into three areas: West Hill (mixed residential and commercial along Interstate 5), Valley (primarily industrial and commercial with some medium-density residential; significant parkland along Green River), and East Hill (primarily residential with retail).

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