Performance indicators for the Lakewood short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Lakewood.
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Challenging to Investors
STRs are explicitly allowed in most residential/mixed-use zones, but investors face multi‑step permits (Type II STR permit, annual business license, RHSP registration), mandatory inspections (city + fire) with 5‑year cycle, and ongoing operational obligations (24‑hour contact, good‑neighbor policy, posting permit/license on all listings, no commercial events, no signs, strict parking). Prohibitions in commercial/industrial areas further narrow options, raising compliance and operational burden.
Local STR Agent
STR specialist · Lakewood, WA
Lakewood is a city in Pierce County, Washington, United States. The population was 63,612 at the 2020 census.