Cle Elum, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

323 / 727

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$60,846

Middle-Earners Revenue

Occupancy

39%

Middle-Earners Occupancy

Home Value

$573,239

Median Home Sale Price

Top Earners

$124,225

Top-Earners Revenue

Cle Elum

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cle Elum.

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B

Generally Investor friendly

Cle Elum Regulations

STRs are legal, with clear state and county rules and a straightforward permitting process; the $1M insurance, fire/safety inspection, and tax obligations are moderate but manageable, and there are no caps or opaque bans. Compliance is known and not overly burdensome.

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About Cle Elum

Cle Elum, WA, is a small, picturesque city located in Kittitas County, Washington. As of the most recent census, the population is approximately 2,000 residents, providing a close-knit community atmosphere. Situated around 85 miles southeast of Seattle, Cle Elum serves as a tranquil retreat from the bustle of urban life while still being accessible for visitors and residents.

The city’s rich history and charming downtown area are complemented by outdoor recreational opportunities, making it an appealing destination for short-term rentals. Specifically, the city is known for its proximity to the Cascade Mountains, offering ample hiking, biking, and fishing opportunities. A key landmark is the Cle Elum Lake, a popular spot for water activities and scenic views. For more details, visit Cle Elum Lake.

Visitors can also explore the historic Carpenter House Museum to delve into the local heritage (Carpenter House Museum). Additionally, the Coal Mines Trail offers a unique insight into the region's coal mining past while providing a serene path for walking and cycling (Coal Mines Trail).

Cle Elum's appealing blend of natural beauty, historical significance, and tranquil environment makes it an attractive spot for short-term rental seekers, particularly those looking to enjoy outdoor activities or simply unwind in a peaceful setting.

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