Mount Vernon, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

74 / 171

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$28,622

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$594,664

Median Home Sale Price

Top Earners

$58,512

Top-Earners Revenue

Mount Vernon

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mount Vernon.

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A

Very Investor friendly

Mount Vernon Regulations

Mount Vernon permits STRs citywide subject only to zoning confirmation and a straightforward city business license via the state BLS, with no local caps, no dedicated permit fee schedule, and no heavy inspection burden. The state provides clear safety, insurance, and tax rules, and the city’s tone and resources are helpful and investor‑friendly.

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About Mount Vernon

Mount Vernon sits in the heart of Washington's Skagit Valley, serving as the seat of Skagit County along Interstate 5. The city has a population of roughly 35,000 residents and carries the relaxed, agricultural character of a Pacific Northwest small town, framed by the Cascade Range to the east and the Skagit River running through its center. It lies approximately 60 miles north of Seattle and about 30 miles south of Bellingham, making it a natural stopover for travelers moving between the two cities and a popular launching point for visitors exploring the broader region. Mount Vernon is best known as the home of the Skagit Valley Tulip Festival, but it also functions as a gateway to the San Juan Islands, the North Cascades, and the farm country of the lower Skagit.

The annual Skagit Valley Tulip Festival draws hundreds of thousands of visitors each April, when vast fields of tulips and daffodils burst into color across the surrounding farmland. The festival's display gardens and bulb farms, just a short drive from downtown Mount Vernon, are the centerpiece of a spring tourism season that has become one of the most photographed events in the Pacific Northwest. Festivalgoers also take in farm stands, art shows, and the parade that winds through the city's historic core, giving the town a distinctly seasonal but high-energy moment each year.

About an hour and a half to the east, North Cascades National Park rises into one of the most rugged and glaciated landscapes in the contiguous United States. The park, part of the larger North Cascades ecosystem, offers hiking trails, alpine lakes, and the scenic Highway 20 corridor, which climbs past mountain passes and overlooks. Its proximity gives Mount Vernon a second identity as a base for outdoor travelers who want to spend days in the high country and return to valley amenities in the evening.

To the west, the historic waterfront town of La Conner sits about 15 minutes away and is well known for its preserved 19th-century buildings, antique shops, and the Museum of Northwest Art, along with views across the Swinomish Channel. A bit farther north, the ferry terminal in Anacortes provides access to the San Juan Islands, with Victoria, British Columbia, also reachable by sea. Closer to Anacortes, Deception Pass State Park draws visitors to its dramatic bridge, forested trails, and rocky shorelines where the Skagit Bay meets the Strait of Juan de Fuca.

Mount Vernon's combination of small-town atmosphere, agricultural setting, and central location in northwestern Washington makes it a particularly versatile base for short-term rentals. Spring brings tulip tourists, summer brings hikers and island-bound travelers, and fall and winter offer a quieter pace with easy drives to nearby state parks, historic towns, and the cultural draws of Seattle and Bellingham within an hour in either direction.

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