Lynnwood, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

116 / 325

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$29,159

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$777,866

Median Home Sale Price

Top Earners

$60,658

Top-Earners Revenue

Lynnwood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lynnwood.

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A

Very Investor friendly

Lynnwood Regulations

Lynnwood has no city‑specific STR permit, license, or caps; STRs are permitted citywide under Washington state law (RCW 64.37). Compliance is straightforward: obtain a state business license, maintain $1M liability insurance or platform coverage, meet consumer‑safety posting and contact requirements, and remit lodging/sales taxes. This creates a clear, low‑burden environment with minimal zoning constraints and supportive regulatory stance.

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About Lynnwood

Lynnwood is a city in Snohomish County, Washington, situated in the north-central part of the state roughly 15 to 20 miles north of Seattle along the Interstate 5 corridor. With a population of approximately 42,000, it functions as a regional commercial and retail hub for the northern suburbs of Seattle and the broader south Snohomish County area. The city has a distinctly Pacific Northwest suburban character, mixing mid-century neighborhoods with newer commercial development, and is best known regionally for its concentration of shopping, dining, and lodging that draw visitors from across the north Puget Sound region. Its location makes it a natural gateway to both downtown Seattle and the smaller communities, parks, and ferry terminals of the northern Sound.

Alderwood Mall is the most prominent attraction within the city itself, serving as one of the largest shopping centers in the region. With well over a hundred retailers and dining options, it draws shoppers from across Snohomish and north King counties. The mall is also a major employer and transit hub, located right off Interstate 5, and Alderwood Mall anchors the city's identity as a retail destination.

Just a few miles south of Lynnwood, the waterfront community of Edmonds, Washington offers a completely different atmosphere. Its downtown features independent shops, restaurants, and galleries, while the marina, public beach, and fishing pier look out over Puget Sound. The Port of Edmonds also operates a passenger ferry to Kingston on the Kitsap Peninsula, making Edmonds a popular side trip for visitors who want a quieter Sound-side experience without driving all the way into Seattle.

To the north, about a 10- to 15-minute drive via I-5, Mukilteo, Washington is a small waterfront city best known for its historic lighthouse park and the Mukilteo–Clinton ferry terminal, where travelers can cross to Whidbey Island. The beach park, the 1906 lighthouse, and a cluster of waterfront restaurants make Mukilteo a popular stop for day-trippers exploring the north Sound. The ferry ride itself is scenic and serves as a convenient entry point to island destinations such as Langley and Deception Pass State Park.

A bit farther north, in the adjacent city of Everett, the Future of Flight Aviation Center and Boeing Tour offers guided walks through a working commercial aircraft assembly plant, a distinctive experience that draws aviation enthusiasts from around the world. The center is roughly a 20-minute drive from Lynnwood and rounds out the area's mix of natural, recreational, and cultural attractions.

Closer to home, Lynnwood itself offers smaller green spaces such as Scriber Lake Park and Heritage Park, where visitors can walk forested trails, watch waterfowl, and explore a small local history museum. Combined with easy I-5 access to Seattle, Everett, and the ferries of the north Sound, Lynnwood's blend of suburban convenience and proximity to a wide range of regional destinations makes it a particularly practical base for short-term rental guests who want access to the full sweep of the central Puget Sound region without the higher costs and congestion of staying in Seattle itself.

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