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Bellevue, WA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,750
Monthly Cash Flow
-$4,942
Principal + Equity
$12,224
Annual Total Gain
$87,388
Cash on Cash
-16.21%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$224
Occupancy Rate
71.43%
Monthly Revenue
$3,075
Monthly Cash Flow
-$5,078
Principal + Equity
$12,224
Annual Total Gain
$85,757
Cash on Cash %
-16.66%
Net ROI %
Market Health & Growth
Median Income
$161,300
Population
151,199
LTR Renter %
48.08%
Forecast (1 yr)
0.84%
Appreciation (1 yr)
1.29%
Appreciation (5 yr)
51.04%
Appreciation (10 yr)
139.02%
Job Growth
1.21%
LTR Rentability
High
STR Demand
70
STR Rentals
549
Top Public Schools
ANewport High School
AInternational Community School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Healthiest Cities in America
#4out of 229 markets
Healthiest Places to Live in America
#4out of 230 markets
Cities with the Best Public Schools in America
#3out of 229 markets
A
Public School
C
Crime And Safety
C
Housing
A-
Nightlife
A
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Bellevue, WA.
Before investing in a property in Bellevue, WA for short term rental purposes, it is important for an investor to be aware of the regulations in place for such rentals.
In Bellevue, short term rentals are regulated by the city's Land Use Code. The city defines short term rentals as rentals of residential property for periods of less than 30 consecutive days.
Some key regulations for short term rentals in Bellevue include: 1. A short term rental operator must obtain a business license from the city. 2. Short term rentals are only allowed in certain zoning districts, and may be subject to additional requirements or restrictions in certain areas. 3. The property must comply with all building and fire codes, as well as health and safety regulations. 4. Short term rental operators are required to collect and remit lodging taxes to the city. 5. Operators must maintain liability insurance coverage for the short term rental property.
It is important for investors to thoroughly research and understand the regulations for short term rentals in Bellevue before purchasing a property for this purpose. Failure to comply with the regulations could result in fines or other penalties. Additionally, investors should consider the potential impact of regulations on their ability to operate a successful short term rental business in the area.
Market Trends Over Time
Explore 25 years of market data for Bellevue, WA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Bellevue, WA.
The LTR Genie Score of Bellevue, WA is 66 and STR Genie Score is 68, indicating a high level of rentability for both long-term and short-term rental properties in the area. The LTR Rent Growth Rate of 0.0414% and the 1-Year Price Appreciation Forecast of 0.84% suggest steady growth in rental income and property value over time. Additionally, the LTR Net ROI of 23.89% and STR Net ROI of 23.44% demonstrate strong returns on investment for both rental strategies.
The high LTR and STR Genie Scores can be attributed to the strong demand for rental properties in Bellevue, as indicated by the high LTR Rentability and STR Occupancy rate of 71.43%. The steady rental revenue of $3075 for short-term rentals further supports the attractiveness of investing in the Bellevue market.
Based on the metrics provided, Bellevue, WA appears to be a promising market for real estate investors looking to invest in both long-term and short-term rental properties. With high rentability, strong ROI, and steady growth in rental income and property value, investing in Bellevue could yield favorable returns for investors. It is recommended for investors to consider diversifying their portfolio by investing in both long-term and short-term rental properties in Bellevue to maximize their returns in this market.
