Real Estate Investing in Freeland, Washington

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

1 ZIP codes • Population: 4,531 • Island County

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Should you buy in Freeland, WA? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 34.8% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Freeland, WA?

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2.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.4% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $753,486
Avg Monthly Rent $1,458
ZIP Codes 1

Investing in Freeland Real Estate

Freeland (Washington) spans 1 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Freeland, WA should understand what the ★★☆☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $1,458/mo / $753K relationship in Freeland looks lackluster once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

A an established population with $N/AK household income profile is what makes Freeland a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Oak Harbor, WA

Freeland is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation →

Landlord Ground Truth

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

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Avg Home Value
$753,486
Avg Monthly Rent
$1,458
1% Rule
✗ Below
Landlord Friendly (WA)

📉 Market Crash Risk Index

Based on Oak Harbor, WA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
2/2
67 days

View all metro crash risk rankings →

❄️ Cool Market — Oak Harbor, WA metro
67
Days to pending
9.3%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Freeland, WA

Screen every ZIP in Freeland

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

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Frequently Asked Questions About Freeland, WA

How expensive is real estate in Freeland, WA?

Homes in Freeland, WA typically sell near $753K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

Are rents high in Freeland, WA?

Average rent in Freeland, WA is approximately $1,458/mo per month. Against $753K home values that yields a reasonable rent-to-price ratio.

Are tenants stable in Freeland, WA?

The tenant pool in Freeland, WA is solid, supported by local employment and population fundamentals. Rents of $1,458/mo are well-absorbed by the market.

What is it like being a landlord in Freeland, WA?

The landlord environment in Freeland, WA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

Can I house hack in Freeland, WA?

The house hack math a challenging in Freeland, WA. Owner-occupant buyers benefit from the $1,458/mo rents and $753K home values.

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