Yakima, WA

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

160 / 279

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$27,924

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$365,096

Median Home Sale Price

Top Earners

$52,439

Top-Earners Revenue

Yakima

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Yakima.

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B

Generally Investor friendly

Yakima Regulations

STRs are explicitly allowed across Yakima City and Yakima County, but investors must complete land use reviews (Type 1 or Type 3 depending on zoning), obtain a city business license with annual renewal, and meet operational standards (parking, occupancy, signage). The 5-unit cap per parcel and mixed process complexity keep it from being “very friendly,” yet the legal clarity and absence of city-wide quotas/supportive tone place it in the friendly tier.

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About Yakima

Yakima sits in south-central Washington as the seat of Yakima County, with a population of roughly 95,000 residents. Set in a broad valley on the eastern slopes of the Cascades, the city has the feel of a working agricultural hub wrapped around a compact downtown, with a strong wine, hop, and orchard economy that gives it a distinctly different character from the wetter, forested parts of the state. It is best known as the heart of one of the Pacific Northwest's most productive wine regions and as a gateway to outdoor recreation in the Cascades and on the high plateaus to the east. Yakima is located about 140 miles southeast of Seattle and is reached by interstate highway from both Seattle and Portland.

A short drive north of the city, the Yakima Valley's vineyards form one of the largest concentrations of wineries in the Pacific Northwest, and the Yakima Valley American Viticultural Area encompasses hundreds of growers producing everything from riesling to syrah. Tasting rooms are spread across the surrounding towns of Zillah, Prosser, and Red Mountain, generally within a 30-to-45-minute drive of downtown, and they make the valley one of the more popular day-trip itineraries in central Washington.

To the west, Yakima is a common base for visitors heading into Mount Rainier National Park, about a two-and-a-half-hour drive via the White Pass or Chinook Pass entrances. The park's subalpine wildflower meadows and glacier views draw hikers, climbers, and photographers through the summer months, and the city's hotels and short-term rentals fill with travelers using Yakima as a launching point before the long climb into the Cascades.

Closer to town, the Yakima River cuts through the valley and supports a steady recreation scene, with rafting, tubing, and fishing sections within about a 30-minute drive of downtown. The river also anchors the Yakima Greenway, a paved path system that runs along its banks and connects parks, neighborhoods, and the city's arboretum. In midtown, the historic Capitol Theatre hosts touring music and theater productions, and the surrounding blocks of downtown have seen reinvestment in restaurants, breweries, and small hotels that reflect the valley's growing wine-country audience.

For short-term rental owners, Yakima offers a combination that is hard to match in the broader region: an affordable real-estate base, a genuine agricultural identity, and a steady mix of year-round visitors coming for wine tasting, river recreation, the annual Central Washington State Fair, and day trips into the Cascades. Its position between Seattle and Portland gives it broad appeal across seasons, while the wine and fruit industries keep midweek business travel and weekend tourism flowing well outside of peak summer months.

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