Oak Harbor, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

123 / 215

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$40,754

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$535,534

Median Home Sale Price

Top Earners

$84,328

Top-Earners Revenue

Oak Harbor

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Oak Harbor.

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A

Very Investor friendly

Oak Harbor Regulations

Oak Harbor permits short‑term rentals citywide with no STR‑specific licensing—only a standard business license—and no caps, caps/fees, or restrictions. The city’s permissive stance and manageable standard business/tax compliance keep investor burden minimal, while any county rules remain prospective and not currently implemented.

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About Oak Harbor

Oak Harbor sits on the northern end of Whidbey Island in Island County, Washington, and is the largest community on the island, with a population of roughly 23,000. The town has a distinctly small-town, working-waterfront feel shaped heavily by its role as home to Naval Air Station Whidbey Island, one of the most important naval aviation installations on the West Coast. Beyond its military identity, Oak Harbor serves as the primary gateway for visitors exploring the upper half of Whidbey Island and the rugged coastline around Deception Pass, one of the most photographed natural landmarks in the Pacific Northwest. The nearest major city is Seattle, which lies roughly 80 miles to the south and requires either a ferry ride from nearby Mukilteo followed by a short drive, or a longer scenic drive south down the island and across the Deception Pass Bridge to the mainland.

Just a few minutes north of town lies Deception Pass State Park, one of Washington's most-visited state parks and a cornerstone of the region's outdoor appeal. The park, which spans both sides of the iconic Deception Pass Bridge connecting Whidbey Island to Fidalgo Island, offers miles of rocky shoreline, old-growth forest trails, beaches, and kayak-friendly inlets. The bridge itself, with its soaring arched spans over churning tidal currents, draws photographers and sightseers year-round, and the park's trail system makes it a favorite for families and day-trippers from Seattle and beyond.

A short drive south of Oak Harbor, around Ebey's Landing on the central island, is the Ebey's Landing National Historical Reserve, the first national historical reserve in the United States. The reserve preserves a sweeping landscape of farmland, forest, and shoreline along the Strait of Juan de Fuca, with the historic town of Coupeville serving as its cultural heart. Visitors can wander wooden-boardwalked streets lined with 19th-century storefronts, explore the blockhouse at Fort Ebey, or walk the bluff-top trail from the landing to the beach below.

Further south along the island, Fort Casey State Park offers another distinctive stop, with its turn-of-the-century coastal artillery batteries, a lighthouse, and Admiralty Inlet views. The park pairs naturally with the adjacent Fort Worden on the opposite side of the strait for visitors interested in the layered military history of the Puget Sound region.

Together, Oak Harbor's blend of naval heritage, small-town character, and immediate access to Deception Pass, historic Coupeville, and the surrounding island landscapes make it a quietly compelling base for short-term rentals. Travelers who want the bustle of Seattle within a half-day's reach but prefer evenings spent beside quiet inlets, lighthouses, and forest trails find the area an appealing balance of accessibility and escape.

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