Richland, WA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

86 / 186

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$27,487

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$460,977

Median Home Sale Price

Top Earners

$52,362

Top-Earners Revenue

Richland

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Richland.

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B

Generally Investor friendly

Richland Regulations

STRs are explicitly permitted statewide and in Richland with a clear, predictable framework (RCW 64.37) and no obvious caps; however, investors face moderate local hurdles—business licensing, potential special-use/home-occupation permits, insurance and tax compliance—creating manageable but non-trivial permitting and operational costs.

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About Richland

Richland () is a city in Benton County, Washington, United States. It is located in southeastern Washington at the confluence of the Yakima and the Columbia Rivers. As of the 2020 census, the city's population was 60,560. Along with the nearby cities of Pasco and Kennewick, Richland is one of the Tri-Cities, and is home to the Hanford nuclear site.

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