Washington — Rental Investment Markets
All Washington metros ranked by cap rate. Median cap rate: 2.8%, median home price: $561,667.
Median Cap Rate
2.8%
Median Home Price
$561,667
Median Rent
$2,675/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Concrete, WA | 7.6% | +$244/mo | $252,133 | $2,370/mo | 🟢 GOOD |
| 2 | Cougar, WA | 6.1% | -$78/mo | $293,885 | $2,320/mo | 🟢 GOOD |
| 3 | Naches, WA | 4.7% | -$465/mo | $325,680 | $2,110/mo | 🟡 MODERATE |
| 4 | Bridgeport, WA | 4.6% | -$363/mo | $247,331 | $1,590/mo | 🟡 MODERATE |
| 5 | Gold Bar, WA | 4.3% | -$865/mo | $489,694 | $2,970/mo | 🟡 MODERATE |
| 6 | Sunnyside, WA | 3.9% | -$681/mo | $326,210 | $1,850/mo | 🔴 WEAK |
| 7 | Auburn, WA | 3.9% | -$1,209/mo | $571,818 | $3,225/mo | 🔴 WEAK |
| 8 | Rockport, WA | 3.8% | -$891/mo | $420,517 | $2,370/mo | 🔴 WEAK |
| 9 | Wenatchee, WA | 3.8% | -$953/mo | $363,589 | $1,825/mo | 🔴 WEAK |
| 10 | Ford, WA | 3.8% | -$599/mo | $276,293 | $1,540/mo | 🔴 WEAK |
| 11 | Cowiche, WA | 3.7% | -$775/mo | $350,439 | $1,935/mo | 🔴 WEAK |
| 12 | Clover Creek, WA | 3.6% | -$1,250/mo | $531,702 | $2,845/mo | 🔴 WEAK |
| 13 | Puyallup, WA | 3.5% | -$1,396/mo | $589,634 | $3,000/mo | 🔴 WEAK |
| 14 | Vancouver, WA | 3.5% | -$1,255/mo | $492,629 | $2,690/mo | 🔴 WEAK |
| 15 | Bremerton, WA | 3.5% | -$1,207/mo | $482,582 | $2,405/mo | 🔴 WEAK |
| 16 | Pacific, WA | 3.5% | -$1,338/mo | $559,966 | $2,970/mo | 🔴 WEAK |
| 17 | Federal Way, WA | 3.5% | -$1,491/mo | $622,819 | $3,300/mo | 🔴 WEAK |
| 18 | Grandview, WA | 3.4% | -$848/mo | $341,261 | $1,770/mo | 🔴 WEAK |
| 19 | Everett, WA | 3.4% | -$1,445/mo | $575,826 | $2,970/mo | 🔴 WEAK |
| 20 | Milton, WA | 3.4% | -$1,444/mo | $575,706 | $2,970/mo | 🔴 WEAK |
| 21 | Kennewick, WA | 3.4% | -$1,071/mo | $435,186 | $2,260/mo | 🔴 WEAK |
| 22 | Lacey, WA | 3.4% | -$1,256/mo | $510,523 | $3,010/mo | 🔴 WEAK |
| 23 | Tacoma, WA | 3.4% | -$1,241/mo | $501,922 | $2,675/mo | 🔴 WEAK |
| 24 | Eatonville, WA | 3.3% | -$1,370/mo | $488,099 | $2,340/mo | 🔴 WEAK |
| 25 | Buckley, WA | 3.3% | -$1,561/mo | $583,365 | $2,890/mo | 🔴 WEAK |
| 26 | Yakima, WA | 3.3% | -$969/mo | $369,562 | $1,905/mo | 🔴 WEAK |
| 27 | Kent, WA | 3.2% | -$1,705/mo | $644,822 | $3,200/mo | 🔴 WEAK |
| 28 | Marysville, WA | 3.2% | -$1,676/mo | $624,663 | $3,090/mo | 🔴 WEAK |
| 29 | Seatac, WA | 3.2% | -$1,553/mo | $591,959 | $2,970/mo | 🔴 WEAK |
| 30 | Port Orchard, WA | 3.0% | -$1,583/mo | $561,667 | $2,685/mo | 🔴 WEAK |
| 31 | Lakewood, WA | 2.9% | -$1,497/mo | $517,276 | $2,425/mo | 🔴 WEAK |
| 32 | Richland, WA | 2.9% | -$1,335/mo | $462,210 | $2,170/mo | 🔴 WEAK |
| 33 | Belfair, WA | 2.9% | -$1,440/mo | $489,846 | $2,270/mo | 🔴 WEAK |
| 34 | Renton, WA | 2.8% | -$2,228/mo | $744,308 | $3,400/mo | 🔴 WEAK |
| 35 | Spokane Valley, WA | 2.7% | -$1,501/mo | $424,679 | $1,840/mo | 🔴 WEAK |
| 36 | Leavenworth, WA | 2.7% | -$2,070/mo | $668,496 | $2,970/mo | 🔴 WEAK |
| 37 | Mount Vernon, WA | 2.7% | -$1,786/mo | $548,847 | $2,565/mo | 🔴 WEAK |
| 38 | Seattle, WA | 2.6% | -$2,466/mo | $788,537 | $3,670/mo | 🔴 WEAK |
| 39 | Burien, WA | 2.6% | -$2,209/mo | $696,542 | $3,030/mo | 🔴 WEAK |
| 40 | Enumclaw, WA | 2.6% | -$2,180/mo | $684,861 | $2,970/mo | 🔴 WEAK |
| 41 | Gig Harbor, WA | 2.6% | -$2,387/mo | $739,201 | $2,985/mo | 🔴 WEAK |
| 42 | Olympia, WA | 2.6% | -$1,755/mo | $556,236 | $2,490/mo | 🔴 WEAK |
| 43 | Stanwood, WA | 2.4% | -$2,422/mo | $720,790 | $2,970/mo | 🔴 WEAK |
| 44 | Spokane, WA | 2.4% | -$1,371/mo | $390,875 | $1,800/mo | 🔴 WEAK |
| 45 | Stevens County, WA | 2.4% | -$1,130/mo | $342,387 | $1,435/mo | 🔴 WEAK |
| 46 | Shoreline, WA | 2.3% | -$2,904/mo | $854,395 | $3,480/mo | 🔴 WEAK |
| 47 | Woodland, WA | 2.2% | -$2,079/mo | $590,822 | $2,320/mo | 🔴 WEAK |
| 48 | University Place, WA | 2.2% | -$2,315/mo | $659,838 | $2,600/mo | 🔴 WEAK |
| 49 | Kingston, WA | 2.1% | -$2,492/mo | $691,667 | $2,645/mo | 🔴 WEAK |
| 50 | Prosser, WA | 2.1% | -$1,520/mo | $421,446 | $1,610/mo | 🔴 WEAK |
| 51 | Lynnwood, WA | 1.9% | -$3,104/mo | $830,463 | $3,085/mo | 🔴 POOR |
| 52 | Chattaroy, WA | 1.9% | -$2,050/mo | $542,077 | $1,955/mo | 🔴 POOR |
| 53 | Bothell, WA | 1.9% | -$4,112/mo | $1,065,249 | $3,740/mo | 🔴 POOR |
| 54 | Snohomish, WA | 1.9% | -$3,570/mo | $959,882 | $3,535/mo | 🔴 POOR |
| 55 | Clayton, WA | 1.8% | -$1,698/mo | $439,363 | $1,540/mo | 🔴 POOR |
| 56 | Nine Mile Falls, WA | 1.8% | -$2,112/mo | $551,924 | $1,960/mo | 🔴 POOR |
| 57 | Yacolt, WA | 1.8% | -$2,653/mo | $696,635 | $2,490/mo | 🔴 POOR |
| 58 | Olalla, WA | 1.6% | -$2,900/mo | $722,330 | $2,400/mo | 🔴 POOR |
| 59 | Issaquah, WA | 1.6% | -$4,821/mo | $1,209,396 | $4,060/mo | 🔴 POOR |
| 60 | Bellingham, WA | 1.6% | -$2,637/mo | $646,414 | $2,225/mo | 🔴 POOR |
| 61 | Deer Park, WA | 1.5% | -$1,885/mo | $467,072 | $1,540/mo | 🔴 POOR |
| 62 | Redmond, WA | 1.4% | -$5,930/mo | $1,424,468 | $4,475/mo | 🔴 POOR |
| 63 | Kirkland, WA | 1.3% | -$5,978/mo | $1,383,555 | $4,080/mo | 🔴 POOR |
| 64 | Sammamish, WA | 1.2% | -$7,607/mo | $1,743,323 | $5,050/mo | 🔴 POOR |
| 65 | Woodinville, WA | 1.2% | -$6,204/mo | $1,433,512 | $4,215/mo | 🔴 POOR |
| 66 | Bellevue, WA | 1.2% | -$7,445/mo | $1,630,009 | $4,310/mo | 🔴 POOR |
| 67 | Bainbridge Island, WA | 1.1% | -$5,214/mo | $1,187,472 | $3,400/mo | 🔴 POOR |