Nine Mile Falls, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Nine Mile Falls short-term rental market based on reliable data.

Listings

17 / 25

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$19,116

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$550,233

Median Home Sale Price

Top Earners

$40,532

Top-Earners Revenue

Nine Mile Falls

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Nine Mile Falls.

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B

Generally Investor friendly

Nine Mile Falls Regulations

Short‑term rentals are broadly permissible under Washington state law with straightforward registration, tax collection/remittance, insurance and safety posting requirements; no local caps or high fees were cited, but investors must verify Spokane County permitting and HOA rules to manage uncertainty and compliance.

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About Nine Mile Falls

Nine Mile Falls is a small unincorporated community and census-designated place in Spokane County, Washington, situated along the Spokane River just north of the city of Spokane. With a population of roughly 10,000 residents spread across a wide, rural-suburban footprint, it carries the relaxed character of a riverside community where open pine-studded land, small ranches, and newer residential developments coexist. The community takes its name from a set of falls on the Spokane River and is best known as a quiet residential gateway to the outdoor landscapes of the Inland Northwest, including nearby state parks and the rolling terrain of the Columbia Plateau. It sits approximately 12 miles north of downtown Spokane, making it a brief drive from a mid-sized metropolitan area while retaining a distinctly out-of-town feel.

One of the most significant draws in the immediate area is Riverside State Park, a sprawling 14,000-acre park that straddles the Spokane River just west of Nine Mile Falls. Within about 10 minutes by car, visitors can reach the park's signature Bowl and Pitcher area, with its iconic suspension bridge, basalt cliffs, and trails for hiking and mountain biking, along with river access for floating and fishing during warmer months. The park's combination of ponderosa pine forest and dramatic basalt outcroppings makes it one of the most popular outdoor destinations in the Spokane region.

A short drive east of Nine Mile Falls brings travelers into Spokane itself, where Riverfront Park anchors the downtown core along the Spokane River. The park features the U.S. Pavilion from Expo '74, the Spokane Falls, a carousel, and a cable car, and it hosts concerts and festivals throughout the year. It is roughly 20 minutes from Nine Mile Falls and offers a full day of family-friendly entertainment, dining, and cultural venues such as the Northwest Museum of Arts and Culture.

For those seeking a mountain experience, Mount Spokane State Park lies about 45 minutes northeast of the community. The park encompasses alpine meadows, hiking trails, and a ski and snowboard area, making it a year-round destination that draws visitors for wildflower walks in summer and snow sports in winter.

Nine Mile Falls makes a compelling base for short-term rentals because it pairs the calm of a small, river-oriented community with quick access to Spokane's urban amenities and some of the Pacific Northwest's most rewarding outdoor landscapes. Guests can spend a morning on the Spokane River trails, an afternoon exploring downtown Spokane, and an evening back in a quiet neighborhood setting, a balance that few other locations in the region can offer quite so seamlessly.

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