Gig Harbor, WA
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Gig Harbor short-term rental market based on reliable data.
Listings
103 / 224
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$40,605
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$798,700
Median Home Sale Price
Top Earners
$86,185
Top-Earners Revenue
Gig Harbor
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Gig Harbor.
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Generally Investor friendly
Gig Harbor Regulations
Gig Harbor explicitly allows STRs citywide (all zones where dwelling units are permitted) with a clear, defined process (Type II permit) and supportive city tone via guidance and resources. However, compliance requires a structured application, public notice, fire/safety inspection, annual renewal, and operational limits (one permit per operator, non-transferable), representing moderate permitting complexity but no explicit caps.
Local STR Agent
STR specialist · Gig Harbor, WA
About Gig Harbor
Gig Harbor, Washington, is a picturesque maritime city known for its charming downtown and scenic waterfront. With a population of approximately 12,000, it's situated just over 12 miles from Tacoma, making it a convenient and attractive destination for visitors seeking a blend of tranquility and accessibility.
Situated on the southern shores of the Puget Sound, Gig Harbor is renowned for its stunning views of Mount Rainier and its historic, vibrant waterfront area, which features a variety of boutiques, restaurants, and marinas. One notable landmark is the Harbor History Museum (https://www.harborhistorymuseum.org/),,) which offers insight into the area's rich cultural and maritime heritage.
Outdoor enthusiasts can explore the nearby Kopachuck State Park (https://www.parks.wa.gov/527/Kopachuck)) for hiking, picnicking, and beach activities, or take a stroll along the city's scenic waterfront trail. Additionally, the charming Skansie Brothers Park and Netshed (https://www.gigharborguide.com/parks/skansie-brothers-park/)) is a local favorite, offering stunning waterfront views and seasonal events that draw both locals and tourists.
The appeal of short-term rentals in Gig Harbor lies in its serene yet vibrant setting, bolstered by its proximity to major urban centers and natural attractions. The unique blend of historical charm and modern amenities makes it an ideal spot for visitors looking to experience the best of Pacific Northwest living.