Port Ludlow, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

53 / 75

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$34,973

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$643,783

Median Home Sale Price

Top Earners

$77,752

Top-Earners Revenue

Port Ludlow

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Port Ludlow.

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Challenging to Investors

Port Ludlow Regulations

Short-term rentals are legally permitted in unincorporated Jefferson County and in the Port Ludlow MPR, but operation is constrained: Port Ludlow MPR allows STRs only in the Resource Complex zone; elsewhere, STRs must meet zoning requirements and pass septic, fire/life‑safety, and building inspections. Investors face layered requirements (county permit plus Port Ludlow’s $300 annual license, occupancy caps of six adults and two per bedroom, postings and neighbor notices, annual renewals, and penalties up to $1,000 per violation with possible permit revocation), and the county’s 4% STR cap plus a one‑permit rule increase allocation risk. These combined rules, fees, and enforcement make compliance manageable but more challenging than a fully friendly regime.

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About Port Ludlow

Port Ludlow is an unincorporated community and census-designated place (CDP) in Jefferson County, Washington, United States. It is also the name of the marine inlet on which the community is located. The CDP's population was 2,603 at the 2010 census, up from 1,968 at the 2000 census. Originally a logging and sawmill community, its economy declined during the first half of the 20th century. Following the completion of the nearby Hood Canal Bridge in 1960, Port Ludlow became the site of resorts and planned communities, attracting more affluent residents who were retired, buying vacation homes, or needing a more convenient commute to the business centers on the west side of Puget Sound. Based on per capita income, Port Ludlow ranks 16th of 522 ranked areas in the state of Washington, and achieves the highest rank in Jefferson County. Port Ludlow's location and marina facilities make it a convenient and popular port for leisure craft sailing between Puget Sound and the San Juan Islands.

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