Rental numbers for the Oak Harbor, WA metro
The typical home here runs -$2,593 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.6%.
- Gross yield
- 4.0%
- typical home, Zillow
- Median ZIP yield
- 4.6%
- 3 ZIPs with full data
- Cash flow
- -$2,593/mo
- at 7.78%, 25% down
- Typical price
- $638,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,118/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
7 with published figures
| 98282Camano Island | $724,000 | $2,866 | 4.8% | 2.3% | -$2,522 | n/a |
| 98239Coupeville | $641,000 | $2,480 | 4.6% | 2.2% | -$2,299 | n/a |
| 98277Oak Harbor | $531,000 | $1,966 | 4.4% | 1.9% | -$2,040 | +5.5% |
| 98260Langley | $781,000 | $1,750* | 2.7% | 0.6% | -$3,838 | n/a |
| 98249Freeland | $742,000 | $1,620* | 2.6% | 0.4% | -$3,729 | n/a |
| 98236Clinton | $737,000 | $1,590* | 2.6% | 0.5% | -$3,679 | n/a |
| 98253Greenbank | $762,000 | $1,530* | 2.4% | 0.3% | -$3,890 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.5%
- Rent, 12 months
- +5.1%
- Rent minus price growth
- +4.6 pts
- Property tax
- 0.66%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $588,537 | $1,625 |
| Aug 2022 | $647,691 | $1,732 |
| Aug 2023 | $620,664 | $1,862 |
| Aug 2024 | $627,232 | $1,936 |
| Aug 2025 | $635,131 | $2,015 |
| Aug 2026 | $638,443 | $2,118 |
Counties
- Island County, WA4.6% median yield
Tools
Questions
- Is the Oak Harbor, WA metro good for rental property?
- The typical home here runs -$2,593 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Oak Harbor, WA metro have the highest rental yield?
- 98282 (Camano Island) at 4.8%, 98239 (Coupeville) at 4.6%, 98277 (Oak Harbor) at 4.4%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.