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

University Place, WA has a median modeled monthly cash flow of $-2,367 and a median cap rate of 2.1%, on a median sold price of $670,000. Prices changed +1.2% year over year.

What is the average cap rate in University Place, WA?

The median cap rate across recently sold homes in University Place, WA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in University Place, WA?

The median sold price in University Place, WA is $670,000 (about $336 per square foot).

Investing in University Place, WA Real Estate

A data-driven snapshot of the University Place, 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.

$670,000Median sold price

$336Median $/sqft

2.1%Median cap rate

$-2,367Modeled cash flow / mo

+1.2%Appreciation YoY

7.2Months of supply

211Active listings

351Sold (last 12 mo)

What the University Place numbers say

In University Place, WA, the median home sold for $670,000 (about $336 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-2,367 of monthly cash flow. Sold prices moved +1.2% over the past year. Inventory sits at about 7.2 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 University Place cash-flowing listings

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