Rental numbers for Washington
0 of 237 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.2%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 4.2%
- 237 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $592,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,058/mo
- median across 237 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Pacific County | $334,000 | $1,645 | 5.9% | 3.0% | -$963 | n/a |
| Stevens County | $371,000 | $1,767 | 5.7% | 3.0% | -$1,067 | n/a |
| Grays Harbor County | $322,000 | $1,492 | 5.6% | 2.6% | -$1,036 | +3.8% |
| Douglas County | $496,000 | $2,174 | 5.3% | 2.5% | -$1,625 | +2.1% |
| Grant County | $358,000 | $1,492 | 5.0% | 2.2% | -$1,279 | -2.0% |
| Jefferson County | $597,000 | $2,477 | 5.0% | 2.4% | -$2,029 | n/a |
| Clallam County | $493,000 | $2,032 | 4.9% | 2.3% | -$1,715 | +4.7% |
| Mason County | $452,000 | $1,837 | 4.9% | 2.2% | -$1,603 | +6.7% |
| Franklin County | $417,000 | $1,663 | 4.8% | 2.1% | -$1,514 | -0.7% |
| Thurston County | $525,000 | $2,080 | 4.8% | 2.0% | -$1,954 | +1.8% |
| Yakima County | $352,000 | $1,377 | 4.7% | 1.9% | -$1,342 | +2.0% |
| Skagit County | $579,000 | $2,240 | 4.6% | 2.0% | -$2,148 | +4.9% |
| Benton County | $449,000 | $1,709 | 4.6% | 1.9% | -$1,710 | +0.3% |
| Whitman County | $338,000 | $1,274 | 4.5% | 1.8% | -$1,321 | +1.8% |
| Spokane County | $422,000 | $1,539 | 4.4% | 1.6% | -$1,701 | +3.4% |
| Walla Walla County | $416,000 | $1,481 | 4.3% | 1.5% | -$1,713 | +3.4% |
| Kitsap County | $581,000 | $2,063 | 4.3% | 1.7% | -$2,306 | +2.6% |
| Pierce County | $564,000 | $1,980 | 4.2% | 1.5% | -$2,328 | +2.1% |
| Lewis County | $434,000 | $1,515 | 4.2% | 1.7% | -$1,740 | +5.3% |
| Clark County | $545,000 | $1,891 | 4.2% | 1.6% | -$2,233 | +0.8% |
| Cowlitz County | $418,000 | $1,443 | 4.1% | 1.5% | -$1,748 | +0.6% |
| Kittitas County | $497,000 | $1,677 | 4.0% | 1.5% | -$2,046 | +2.4% |
| Klickitat County | $471,000 | $1,584 | 4.0% | 1.6% | -$1,915 | n/a |
| Island County | $638,000 | $2,118 | 4.0% | 1.6% | -$2,603 | +5.1% |
| Whatcom County | $611,000 | $1,984 | 3.9% | 1.5% | -$2,544 | +2.5% |
| Chelan County | $535,000 | $1,678 | 3.8% | 1.3% | -$2,303 | +0.4% |
| Snohomish County | $735,000 | $2,236 | 3.6% | 1.2% | -$3,212 | +2.0% |
| King County | $835,000 | $2,343 | 3.4% | 0.9% | -$3,849 | +1.3% |
| San Juan County | $895,000 | $2,400 | 3.2% | 1.1% | -$3,989 | n/a |
| Adams County | $307,000 | not published | n/a | n/a | n/a | n/a |
| Asotin County | $349,000 | not published | n/a | n/a | n/a | n/a |
| Columbia County | $272,000 | not published | n/a | n/a | n/a | n/a |
| Ferry County | $285,000 | not published | n/a | n/a | n/a | n/a |
| Garfield County | $248,000 | not published | n/a | n/a | n/a | n/a |
| Lincoln County | $321,000 | not published | n/a | n/a | n/a | n/a |
| Okanogan County | $313,000 | not published | n/a | n/a | n/a | n/a |
| Pend Oreille County | $370,000 | not published | n/a | n/a | n/a | n/a |
| Skamania County | $558,000 | not published | n/a | n/a | n/a | n/a |
| Wahkiakum County | $400,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in Washington
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 98550Hoquiam | $244,000 | $1,582 | 7.8% | -$430 |
| 98944Sunnyside | $322,000 | $1,900 | 7.1% | -$661 |
| 98387Spanaway | $505,000 | $2,798 | 6.6% | -$1,233 |
| 99205Spokane | $318,000 | $1,755 | 6.6% | -$770 |
| 98375Puyallup | $544,000 | $2,908 | 6.4% | -$1,372 |
| 99207Spokane | $277,000 | $1,471 | 6.4% | -$749 |
| 98360Orting | $551,000 | $2,850 | 6.2% | -$1,464 |
| 98121Seattle | $533,000 | $2,729 | 6.1% | -$1,434 |
| 98520Aberdeen | $276,000 | $1,392 | 6.1% | -$839 |
| 99202Spokane | $313,000 | $1,564 | 6.0% | -$915 |
Trends
Five years to August 2026
- Price, 12 months
- -0.3%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.81%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $532,851 |
| Aug 2022 | $600,206 |
| Aug 2023 | $575,821 |
| Aug 2024 | $594,646 |
| Aug 2025 | $593,875 |
| Aug 2026 | $591,879 |
Costs that vary by state
- Effective property tax
- 0.81%
- Census ACS 2024
- Landlord insurance default
- $1,478/yr
- NAIC HO-3 $1,232 x 1.2
- Permits per 1,000 households
- 12.7
- last 12 months
- Median typical price
- $586,000
- tier A ZIPs
Metros
Questions
- Is Washington good for rental property?
- 0 of 237 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 4.2%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in Washington?
- About 0.81% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in Washington?
- NAIC's 2023 average homeowners (HO-3) premium in Washington was $1,232. Landlord policies usually cost more, so this site assumes $1,478 a year. Quotes depend on the property, coverage and claims history.
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.
- 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.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
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.