RentYield Atlas

ZIP 98503 — Lacey, WA: rental yield & market data

Gross rental yield of 4.96% — ranked #37 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
4.96%
Home value
$491,674
Market rent / mo
$2,031
Price-to-rent
20.2

Trend

Metric1-year change5-year change
Home value+0.8% +15.2%
Market rent+1.5% +26.3%

Metro: Olympia-Lacey-Tumwater, WA · County: Thurston County · Annual rent: $24,372

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98503 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98597YelmWA$490,834$2,2265.44%18.4+0.6%
99353West RichlandWA$498,367$2,1045.07%19.7-0.4%
98684VancouverWA$493,444$1,9424.72%21.2-1.2%
98002AuburnWA$493,557$1,8084.40%22.7-1.0%
98662VancouverWA$484,564$1,7414.31%23.2-0.5%
98801WenatcheeWA$497,385$1,7294.17%24.0+0.4%
98499LakewoodWA$487,529$1,6764.12%24.2-0.2%
99037Spokane ValleyWA$490,960$1,6303.98%25.1-0.4%

Top rental yields in all of Washington →

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