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Walla Walla, 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
$1,440
Monthly Cash Flow
-$806
Principal + Equity
$2,940
Annual Total Gain
$25,606
Cash on Cash
-9.42%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$191
Occupancy Rate
81.25%
Monthly Revenue
$2,492
Monthly Cash Flow
-$128
Principal + Equity
$2,940
Annual Total Gain
$33,740
Cash on Cash %
-1.5%
Net ROI %
Market Health & Growth
Median Income
$65,493
Population
33,766
LTR Renter %
40.05%
Forecast (1 yr)
1.4%
Appreciation (1 yr)
3.34%
Appreciation (5 yr)
43.38%
Appreciation (10 yr)
109.4%
Job Growth
1.57%
LTR Rentability
High
STR Demand
83
STR Rentals
320
Top Public Schools
BWalla Walla High School
BProspect Point Elementary School
B-
B-
C
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Best Places to Retire in Washington
#83out of 284 markets
Most Diverse Places to Live in Washington
#118out of 489 markets
Places with the Best Public Schools in Washington
#118out of 286 markets
B
Public School
C-
Crime And Safety
C-
Housing
B
Nightlife
B-
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 Walla Walla, WA.
As of September 2021, Walla Walla, WA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that the city is currently considering implementing regulations for STRs due to concerns about the impact on the local housing market and neighborhoods.
Investors should be aware that there may be restrictions on the number of days a property can be rented out as a short term rental, as well as requirements for obtaining a business license or permit to operate an STR. Additionally, there may be zoning restrictions that limit where STRs can be located within the city.
It is recommended that investors thoroughly research the current regulations and any proposed changes before purchasing a property in Walla Walla for use as a short term rental. Additionally, investors should consider the potential impact of regulations on their investment strategy and financial projections.
Market Trends Over Time
Explore 25 years of market data for Walla Walla, 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 Walla Walla, WA.
The LTR Genie Score of Walla Walla, WA is 68, indicating a moderate level of attractiveness for long-term rental investment. The STR Genie Score is 84, suggesting a high level of attractiveness for short-term rental or Airbnb investment. The high STR Genie Score can be attributed to the strong STR Net ROI of 32.87% and high STR Occupancy rate of 81.25%. On the other hand, the LTR Rent Growth Rate of 0.0% may have contributed to the slightly lower LTR Genie Score.
Walla Walla, WA is a charming city known for its wineries, historic downtown area, and vibrant arts scene. The city has seen steady growth in recent years, making it an attractive location for real estate investment.
Based on the metrics provided, Walla Walla, WA appears to be a more attractive market for short-term rental investment due to the high STR Genie Score and strong metrics such as Net ROI and Occupancy rate. However, investors may also consider exploring long-term rental opportunities given the moderate LTR Genie Score and potential for future price appreciation. Ultimately, a diversified investment strategy that includes both short-term and long-term rentals could be beneficial in maximizing returns in the Walla Walla market.
LTR Genie Score 93
$299,000
🛏 4 Beds🛁 2.0000 Baths🏙 1,698 sqft.🏠 SINGLE FAMILY
