Newman Lake, WA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Newman Lake short-term rental market based on reliable data.
Listings
4 / 10
Reliable / Active
Cap Rate
1%
Middle-Earners Gross Yield
Revenue
$6,567
Middle-Earners Revenue
Occupancy
33%
Middle-Earners Occupancy
Home Value
$487,336
Median Home Sale Price
Top Earners
$15,066
Top-Earners Revenue
Newman Lake
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Newman Lake.
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Very Investor friendly
Newman Lake Regulations
Short-term rentals are explicitly allowed in unincorporated Newman Lake and require only a basic state business license and tax registration, with no local permit, caps, or fees. Hosts need to follow statewide safety rules (RCW 64.37) and confirm zoning, making compliance straightforward and low-cost.
Local STR Agent
STR specialist · Newman Lake, WA
About Newman Lake
Newman Lake—historically and alternatively known as Moab—is an unincorporated community in Spokane County, Washington, United States. The eponymous lake, which took its name from early settler William Newman, is 17 miles (27 km) east-northeast of downtown Spokane. Newman Lake has a post office with ZIP code 99025. It is also home to Ellerport Airport, a private-use airport. As of the summer of 2014, freshwater jellyfish inhabited the lake.The area was settled in the 1880s and served by the Northern Pacific Railway, which later ran excursion trains from Spokane. The local post office was renamed from Moab to Newman Lake in the 1930s.