Anacortes, WA

Key Performance Metrics

Market snapshot

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

Listings

137 / 235

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$35,050

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$713,800

Median Home Sale Price

Top Earners

$60,498

Top-Earners Revenue

Anacortes

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Anacortes.

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Unfriendly to Investors

Anacortes Regulations

New short‑term rentals are prohibited citywide, with only previously licensed 'grandfathered' units allowed to continue; the city’s explicit ban and strict enforcement make STR investment in Anacortes effectively infeasible.

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About Anacortes

Anacortes ( AN-ə-KOR-təs) is a city in Skagit County, Washington, United States. The name "Anacortes" is an adaptation of the name of Anne Curtis Bowman, who was the wife of early Fidalgo Island settler Amos Bowman. Anacortes' population was 17,637 at the time of the 2020 census. It is one of two principal cities of and included in the Mount Vernon-Anacortes Metropolitan Statistical Area. Anacortes is known for the Washington State Ferries dock and terminal serving Lopez Island, Shaw Island, Orcas Island, and San Juan Island. There is also a Skagit County-operated ferry that serves Guemes Island, a residential island located across Guemes Channel, north of Anacortes.