Gross rental yield of 4.7% — ranked #54 of 229 Washington ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -1.2% | +6.2% |
| Market rent | +3.8% | +23.7% |
Metro: Seattle-Tacoma-Bellevue, WA · County: Pierce County · Annual rent: $19,692
Similar home values, sorted by yield — the cheapest way to see if 98409 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 98848 | Quincy | WA | $426,305 | $1,795 | 5.05% | 19.8 | +0.8% |
| 98418 | Tacoma | WA | $418,683 | $1,681 | 4.82% | 20.8 | -1.0% |
| 99354 | Richland | WA | $421,561 | $1,662 | 4.73% | 21.1 | +0.3% |
| 99301 | Pasco | WA | $423,125 | $1,665 | 4.72% | 21.2 | -0.1% |
| 99216 | Spokane Valley | WA | $413,482 | $1,495 | 4.34% | 23.0 | +0.2% |
| 99362 | Walla Walla | WA | $424,390 | $1,508 | 4.27% | 23.4 | +1.0% |
| 99004 | Cheney | WA | $424,325 | $1,456 | 4.12% | 24.3 | -0.6% |
| 99324 | College Place | WA | $414,642 | $1,406 | 4.07% | 24.6 | +0.1% |
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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