Rental numbers for Skagit County, WA
The typical home here runs -$2,148 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%.
- Gross yield
- 4.6%
- typical home, Zillow
- Median ZIP yield
- 4.7%
- 5 ZIPs with full data
- Cash flow
- -$2,148/mo
- at 7.78%, 25% down
- Typical price
- $579,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,240/mo
- Zillow ZORI, Aug 2026
ZIP codes in Skagit County
10 with published figures
| 98267Marblemount | $207,000 | $1,540* | 8.9% | 5.3% | -$198 | n/a |
| 98237Concrete | $255,000 | $1,680* | 7.9% | 4.7% | -$381 | n/a |
| 98274Mount Vernon | $619,000 | $2,573 | 5.0% | 2.3% | -$2,175 | n/a |
| 98283Rockport | $418,000 | $1,680* | 4.8% | 2.1% | -$1,509 | n/a |
| 98233Burlington | $540,000 | $2,144 | 4.8% | 2.1% | -$1,978 | +6.0% |
| 98284Mount Vernon | $523,000 | $2,049 | 4.7% | 2.1% | -$1,895 | n/a |
| 98273Mount Vernon | $564,000 | $2,094 | 4.5% | 1.7% | -$2,221 | +6.2% |
| 98221Anacortes | $710,000 | $2,595 | 4.4% | 1.9% | -$2,676 | +4.3% |
| 98257La Conner | $454,000 | $1,540* | 4.1% | 1.5% | -$1,892 | n/a |
| 98232Bow | $862,000 | $2,160* | 3.0% | 0.7% | -$4,116 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.2%
- Rent, 12 months
- +4.9%
- Rent minus price growth
- +3.7 pts
- Property tax
- 0.79%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $505,499 | $1,769 |
| Aug 2022 | $562,411 | $1,920 |
| Aug 2023 | $544,801 | $2,002 |
| Aug 2024 | $565,005 | $2,090 |
| Aug 2025 | $572,140 | $2,135 |
| Aug 2026 | $578,908 | $2,240 |
HUD Fair Market Rent
FY2027, Mount Vernon-Anacortes, WA MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,162 | $1,275 | $1,668 | $2,310 | $2,578 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 7.2
- 377 units, last 12 months
- National percentile
- 60th
- among US counties
Tools
Test a listing in Skagit County against today's rate.
Open the calculatorPart of the Mount Vernon, WA metro.
Questions
- Is Skagit County good for rental property?
- The typical home here runs -$2,148 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Skagit County?
- About 0.79% of value, from Census ACS median taxes paid over median home value. On a $579,000 home that is about $4,573 a year.
- What is Fair Market Rent in Skagit County?
- HUD's FY2027 Fair Market Rent here is $1,275 for a 1-bedroom, $1,668 for a 2-bedroom and $2,310 for a 3-bedroom. Typical cash flow at today's rate is -$2,148 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.