Lynnwood, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

116 / 292

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$27,023

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$771,755

Median Home Sale Price

Top Earners

$62,803

Top-Earners Revenue

Lynnwood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lynnwood.

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A

Very Investor friendly

Lynnwood Regulations

Lynnwood has no city‑specific STR permit, license, or caps; STRs are permitted citywide under Washington state law (RCW 64.37). Compliance is straightforward: obtain a state business license, maintain $1M liability insurance or platform coverage, meet consumer‑safety posting and contact requirements, and remit lodging/sales taxes. This creates a clear, low‑burden environment with minimal zoning constraints and supportive regulatory stance.

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About Lynnwood

Lynnwood is a city in Snohomish County, Washington, United States. The city is part of the Seattle metropolitan area and is located 16 miles (26 km) north of Seattle and 13 miles (21 km) south of Everett, near the junction of Interstate 5 and Interstate 405. It is the fourth-largest city in Snohomish County, with a population of 38,568 in the 2020 U.S. census.Often characterized as a suburb or bedroom community, Lynnwood has the highest concentration of retailers in the region and a growing core of businesses, anchored by the Alderwood Mall. The city also has a community college, a convention center, and a major transit center. It is headquarters for several major companies, including Zumiez and SOG Specialty Knives. The Lynnwood area was logged and settled by homesteaders in the late 19th century and early 20th century, including the development of Alderwood Manor as a planned farming community. Lynnwood, named for the wife of a realtor, emerged in the late 1940s around the intersection of Highway 99 and 196th Street Southwest. The city was incorporated on April 23, 1959, and grew into a suburban hub in the years following the completion of Interstate 5 and Interstate 405. Alderwood Mall opened in 1979 and spurred the transformation of eastern Lynnwood into a retail and office district.

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