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

Rainier, WA has a median modeled monthly cash flow of $-1,537 and a median cap rate of 2.2%, on a median sold price of $475,000. Prices changed +0.4% year over year.

What is the average cap rate in Rainier, WA?

The median cap rate across recently sold homes in Rainier, WA is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rainier, WA?

The median sold price in Rainier, WA is $475,000 (about $284 per square foot).

Investing in Rainier, WA Real Estate

A data-driven snapshot of the Rainier, 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.

$475,000Median sold price

$284Median $/sqft

2.2%Median cap rate

$-1,537Modeled cash flow / mo

+0.4%Appreciation YoY

9.1Months of supply

48Active listings

63Sold (last 12 mo)

What the Rainier numbers say

In Rainier, WA, the median home sold for $475,000 (about $284 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,537 of monthly cash flow. Sold prices moved +0.4% over the past year. Inventory sits at about 9.1 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 Rainier cash-flowing listings

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