Gross rental yield of 3.68% — ranked #165 of 229 Washington ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -1.3% | +5.3% |
| Market rent | -1.6% | — |
Metro: Seattle-Tacoma-Bellevue, WA · County: Pierce County · Annual rent: $16,212
Similar home values, sorted by yield — the cheapest way to see if 98408 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 98404 | Tacoma | WA | $445,731 | $2,163 | 5.82% | 17.2 | -0.4% |
| 99337 | Kennewick | WA | $437,522 | $2,012 | 5.52% | 18.1 | +0.7% |
| 99022 | Medical Lake | WA | $434,678 | $1,697 | 4.68% | 21.3 | +1.7% |
| 98942 | Selah | WA | $445,251 | $1,723 | 4.64% | 21.5 | +1.6% |
| 98908 | Yakima | WA | $436,162 | $1,682 | 4.63% | 21.6 | +0.8% |
| 98584 | Shelton | WA | $428,897 | $1,553 | 4.34% | 23.0 | -0.2% |
| 99163 | Pullman | WA | $435,137 | $1,493 | 4.12% | 24.3 | -3.2% |
| 98444 | Parkland | WA | $450,518 | $1,537 | 4.09% | 24.4 | -0.8% |
Top rental yields in all of Washington →
Screening more than one ZIP? Get every Washington ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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