Most Affordable ZIP Codes in Seattle-Tacoma-Bellevue, WA (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 98304 Eatonville, WA $387,577 $1,674 3.37% 5.5%
2 98256 Index, WA $419,531 $1,944 3.61% 5.1%
3 98404 Tacoma, WA $443,725 $2,054 3.61% 2.0%
4 98396 Wilkeson, WA $465,904 $1,674 2.80% 2.3%
5 98288 Skykomish, WA $472,043 $1,944 3.21% 4.0%
6 98251 Gold Bar, WA $477,618 $1,944 3.17% 4.0%
7 98499 Lakewood, WA $485,917 $1,704 2.74% 2.7%
8 98002 Auburn, WA $492,996 $1,809 2.86% 2.6%
9 98224 Gold Bar, WA $493,332 $1,944 3.07% 3.9%
10 98445 Clover Creek, WA $498,702 $2,051 3.21% 2.7%
11 98385 Buckley, WA $499,992 $1,881 2.93% 2.7%
12 98387 Spanaway, WA $511,530 $2,807 4.28% 2.7%
13 98349 Lakebay, WA $538,426 $1,674 2.43% 2.1%
14 98032 Kent, WA $541,752 $1,946 2.80% 3.3%
15 98206 Everett, WA $546,995 $2,088 2.98% 3.0%
16 98498 Lakewood, WA $549,172 $1,796 2.55% 2.9%
17 98375 Puyallup, WA $550,676 $2,840 4.02% 2.7%
18 98201 Everett, WA $550,861 $1,930 2.73% 3.3%
19 98047 Pacific, WA $550,883 $1,879 2.66% 3.4%
20 98424 Fife, WA $558,680 $1,962 2.74% 2.4%
21 98360 Orting, WA $559,604 $3,140 4.38% 2.6%
22 98294 Sultan, WA $560,528 $2,837 3.95% 3.2%
23 98327 Dupont, WA $560,965 $2,757 3.83% 2.6%
24 98446 Clover Creek, WA $563,028 $2,054 2.85% 2.9%
25 98057 Renton, WA $564,215 $2,241 3.10% 2.3%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →