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

Okanogan, WA has a median modeled monthly cash flow of $-1,140 and a median cap rate of 1.9%, on a median sold price of $295,000. Prices changed +5.6% year over year.

What is the average cap rate in Okanogan, WA?

The median cap rate across recently sold homes in Okanogan, WA is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Okanogan, WA?

The median sold price in Okanogan, WA is $295,000 (about $178 per square foot).

Investing in Okanogan, WA Real Estate

A data-driven snapshot of the Okanogan, 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.

$295,000Median sold price

$178Median $/sqft

1.9%Median cap rate

$-1,140Modeled cash flow / mo

+5.6%Appreciation YoY

9.3Months of supply

28Active listings

36Sold (last 12 mo)

What the Okanogan numbers say

In Okanogan, WA, the median home sold for $295,000 (about $178 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,140 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 9.3 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 Okanogan cash-flowing listings

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