Bellevue, WA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Bellevue short-term rental market based on reliable data.
Listings
185 / 895
Reliable / Active
Cap Rate
3%
Middle-Earners Gross Yield
Revenue
$42,769
Middle-Earners Revenue
Occupancy
72%
Middle-Earners Occupancy
Home Value
$1,445,834
Median Home Sale Price
Top Earners
$69,750
Top-Earners Revenue
Bellevue
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Bellevue.
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Challenging to Investors
Bellevue Regulations
Bellevue's STR regulations are technically legal but highly constrained with strict caps (5 units per building, 20% of total units), prohibitions on entire single-family homes, and limited zoning allowances. The compliance burden includes multiple permits, owner-occupancy requirements, and complex operational rules that significantly limit viable investment opportunities while requiring substantial regulatory navigation.
Local STR Agent
STR specialist · Bellevue, WA
About Bellevue
Bellevue ( BEL-vew) is a city in the Eastside region of King County, Washington, United States, located across Lake Washington from Seattle. It is the third-largest city in the Seattle metropolitan area, and the fifth-largest city in Washington. It has variously been characterized as a satellite city, a suburb, a boomburb, or an edge city. The population was 151,854 at the 2020 census. The city's name is derived from the French term belle vue ("beautiful view").Bellevue is home to some of the world's largest technology companies. Before and after the 2008 recession, its downtown area has been undergoing rapid change with many high-rise projects being constructed. Downtown Bellevue is currently the second-largest city center in Washington state, with 1,300 businesses, 45,000 employees, and 10,200 residents. In a 2018 estimate, the city's median household income was among the top five cities in the state of Washington. In 2008, Bellevue was number one in CNNMoney's list of the best places to live and launch a business, and in 2010 was again ranked as the fourth-best place to live in America. In 2014, Bellevue was ranked as the second-best place to live by USA Today.More than 145 companies have been located in Bellevue; companies currently headquartered there include PACCAR Inc, T-Mobile US, and Valve. The technology company Amazon was founded in Bellevue by Jeff Bezos.