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

Seattle, WA has a median modeled monthly cash flow of $-3,000 and a median cap rate of 1.6%, on a median sold price of $875,000. Prices changed -2.8% year over year.

What is the average cap rate in Seattle, WA?

The median cap rate across recently sold homes in Seattle, WA is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Seattle, WA?

The median sold price in Seattle, WA is $875,000 (about $561 per square foot).

Investing in Seattle, WA Real Estate

A data-driven snapshot of the Seattle, 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.

$875,000Median sold price

$561Median $/sqft

1.6%Median cap rate

$-3,000Modeled cash flow / mo

-2.8%Appreciation YoY

6.2Months of supply

4,365Active listings

8,473Sold (last 12 mo)

What the Seattle numbers say

In Seattle, WA, the median home sold for $875,000 (about $561 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-3,000 of monthly cash flow. Sold prices moved -2.8% over the past year. Inventory sits at about 6.2 months of supply. 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 Seattle cash-flowing listings

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