RentYield Atlas

ZIP 98387 — Spanaway, WA: rental yield & market data

Gross rental yield of 6.64% — ranked #3 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
6.64%
Home value
$512,385
Market rent / mo
$2,836
Price-to-rent
15.1

Trend

Metric1-year change5-year change
Home value+0.2% +13.1%
Market rent+2.6% +24.4%

Metro: Seattle-Tacoma-Bellevue, WA · County: Pierce County · Annual rent: $34,032

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98387 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98513OlympiaWA$511,313$2,4095.65%17.7+0.3%
98802East WenatcheeWA$518,720$2,2465.20%19.2+2.3%
98311BremertonWA$514,570$2,0804.85%20.6+1.3%
98366Port OrchardWA$510,716$1,9614.61%21.7+2.1%
99352RichlandWA$503,838$1,8764.47%22.4-0.1%
99223SpokaneWA$503,928$1,8244.34%23.0+0.5%
98665VancouverWA$503,662$1,7404.15%24.1+0.0%
99016Spokane ValleyWA$503,100$1,7074.07%24.6-0.1%

Top rental yields in all of Washington →

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