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

Seattle, WA has a median modeled monthly cash flow of $-2,948 and a median cap rate of 1.7%, on a median sold price of $870,000. Prices changed -3.1% year over year.

What is the average cap rate in Seattle, WA?

The median cap rate across recently sold homes in Seattle, WA is 1.7%, 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 $870,000 (about $558 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.

$870,000Median sold price

$558Median $/sqft

1.7%Median cap rate

$-2,948Modeled cash flow / mo

-3.1%Appreciation YoY

8.5Months of supply

5,890Active listings

8,322Sold (last 12 mo)

What the Seattle numbers say

In Seattle, WA, the median home sold for $870,000 (about $558 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,948 of monthly cash flow. Sold prices moved -3.1% over the past year. Inventory sits at about 8.5 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.

🔨 See 7 fix-and-flip deals in Seattle — listings where the estimated after-repair value beats list price + rehab.

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.