Port Ludlow, WA
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Port Ludlow short-term rental market based on reliable data.
Listings
46 / 76
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$36,471
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$643,912
Median Home Sale Price
Top Earners
$73,595
Top-Earners Revenue
Port Ludlow
Market Revenue Seasonality
Top Listings
Highest revenueThe 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.
Local STR Agent
STR specialist · Port Ludlow, WA
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.