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

Lacey, WA has a median modeled monthly cash flow of $-1,405 and a median cap rate of 3.1%, on a median sold price of $500,000. Prices changed +0.5% year over year.

What is the average cap rate in Lacey, WA?

The median cap rate across recently sold homes in Lacey, WA is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lacey, WA?

The median sold price in Lacey, WA is $500,000 (about $288 per square foot).

Investing in Lacey, WA Real Estate

A data-driven snapshot of the Lacey, 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.

$500,000Median sold price

$288Median $/sqft

3.1%Median cap rate

$-1,405Modeled cash flow / mo

+0.5%Appreciation YoY

9.6Months of supply

638Active listings

794Sold (last 12 mo)

What the Lacey numbers say

In Lacey, WA, the median home sold for $500,000 (about $288 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,405 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 9.6 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 Lacey cash-flowing listings

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