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

Monroe, WA has a median modeled monthly cash flow of $-2,270 and a median cap rate of 2.5%, on a median sold price of $709,000. Prices changed -0.3% year over year.

What is the average cap rate in Monroe, WA?

The median cap rate across recently sold homes in Monroe, WA is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monroe, WA?

The median sold price in Monroe, WA is $709,000 (about $360 per square foot).

Investing in Monroe, WA Real Estate

A data-driven snapshot of the Monroe, 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.

$709,000Median sold price

$360Median $/sqft

2.5%Median cap rate

$-2,270Modeled cash flow / mo

-0.3%Appreciation YoY

7.5Months of supply

188Active listings

301Sold (last 12 mo)

What the Monroe numbers say

In Monroe, WA, the median home sold for $709,000 (about $360 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,270 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 7.5 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 Monroe cash-flowing listings

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