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

Kennewick, WA has a median modeled monthly cash flow of $-1,162 and a median cap rate of 3.0%, on a median sold price of $420,000. Prices changed +1.3% year over year.

What is the average cap rate in Kennewick, WA?

The median cap rate across recently sold homes in Kennewick, WA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kennewick, WA?

The median sold price in Kennewick, WA is $420,000 (about $240 per square foot).

Investing in Kennewick, WA Real Estate

A data-driven snapshot of the Kennewick, 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.

$420,000Median sold price

$240Median $/sqft

3.0%Median cap rate

$-1,162Modeled cash flow / mo

+1.3%Appreciation YoY

11.4Months of supply

1,275Active listings

1,338Sold (last 12 mo)

What the Kennewick numbers say

In Kennewick, WA, the median home sold for $420,000 (about $240 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,162 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 11.4 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.

🔨 See 7 fix-and-flip deals in Kennewick — listings where the estimated after-repair value beats list price + rehab.

Other Washington markets to compare

See Kennewick cash-flowing listings

CashFlowRE ranks every for-sale home in Kennewick, 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 Kennewick deals, or browse the national market data.