Freeland, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

81 / 166

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$43,459

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$719,594

Median Home Sale Price

Top Earners

$75,879

Top-Earners Revenue

Freeland

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Freeland.

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C

Challenging to Investors

Freeland Regulations

Regulatory uncertainty is high due to a proposed ban on STRs in the Freeland UGA as part of the 2025 plan update, creating a major risk of forced compliance changes. Even while currently allowed under state rules, anticipated local licensing, inspections, and potential occupancy/parking caps add moderate costs and process steps. Enforcement risks and the tight timeline heighten investor caution.

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About Freeland

Freeland is an unincorporated community and census-designated place (CDP) on Whidbey Island in Island County, Washington, United States. At the time of the 2010 census the population was 7,812. The town received its name based on its origins as a socialist commune in the early 1900s: in the eyes of its founders, the land of the town was literally to be free for all people. Some of the first settlers were veterans of a prior experiment in socialism, the nearby Equality Colony.

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