Newman Lake, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

6 / 12

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$10,497

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$489,355

Median Home Sale Price

Top Earners

$26,082

Top-Earners Revenue

Newman Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Newman Lake.

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A

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.

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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.

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