Is Bellevue, WA a good place to invest in rental property?

Bellevue, WA has a median modeled monthly cash flow of $-6,928 and a median cap rate of 1.1%, on a median sold price of $1,520,000. Prices changed -4.0% year over year.

What is the average cap rate in Bellevue, WA?

The median cap rate across recently sold homes in Bellevue, WA is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bellevue, WA?

The median sold price in Bellevue, WA is $1,520,000 (about $692 per square foot).

Investing in Bellevue, WA Real Estate

A data-driven snapshot of the Bellevue, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,520,000Median sold price

$692Median $/sqft

1.1%Median cap rate

$-6,928Modeled cash flow / mo

-4.0%Appreciation YoY

8.0Months of supply

990Active listings

1,489Sold (last 12 mo)

What the Bellevue numbers say

In Bellevue, WA, the median home sold for $1,520,000 (about $692 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-6,928 of monthly cash flow. Sold prices moved -4.0% over the past year. Inventory sits at about 8.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Washington markets to compare

See Bellevue cash-flowing listings

CashFlowRE ranks every for-sale home in Bellevue, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bellevue deals, or browse the national market data.