Real Estate Investing in Washington, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 18,335 • Daviess County

☆ Watch this market Free account

Should you buy in Washington, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.

What’s happening in Washington, IN?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $193,484
Avg Monthly Rent $918
ZIP Codes 1

Investing in Washington Real Estate

This is a distressed-leaning corner of Indiana: Washington has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Washington is in that category.

Rents in Washington at $918/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Washington's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in Washington, IN. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Washington, IN?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$193,484
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Washington, IN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Washington, IN metro
0
Days to pending
11.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Washington, IN

Screen every ZIP in Washington

Filter Washington’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Washington, IN

How strong are rents in Washington, IN?

Investors in Washington, IN typically see rents near $918/mo per month against $193K home values - a solid setup for rental cash flow.

Which investment style suits Washington, IN?

A careful cash-flow rentals with hands-on management strategy Washington, IN best. The market produces steady results for that approach at the $193K price point.

Do landlords face vacancy issues in Washington, IN?

Rental vacancy in Washington, IN is elevated. Investors should budget normal turnover but not chronic empty units.

What is it like being a landlord in Washington, IN?

IN ranks as a landlord-friendly state for landlord-tenant law. Washington generally follows the statewide framework, so landlords face reasonable operating rules.

How strong is Washington, IN for real estate investors?

Washington, IN scores 3.0/5 for investability. Home values sit at $193K and rents near $918/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Washington, IN.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.