Real Estate Investing in Kenmore, Washington

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

1 ZIP codes • Population: 23,594 • King County

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

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Kenmore, WA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.1% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $1,009,674
Avg Monthly Rent $2,600
ZIP Codes 1

Investing in Kenmore Real Estate

This is a distressed-leaning corner of Washington: Kenmore 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. Kenmore is in that category.

Rents in Kenmore at $2,600/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.

Population dynamics in Kenmore haven't been supportive. a harder case for combined with lackluster income growth, the demographic backdrop complicates any purely financial underwriting.

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 Seattle-Tacoma-Bellevue, WA

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving King County

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Alki Property Management LLC specializes in apartment rentals. summary from their website

Small multifamily
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Brink Property Management offers residential property management and vacant home management services in Bellevue, providing marketing, tenant screening, rent collection, and maintenance. summary from their website

Single-familySmall multifamily
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Full Service Property Management offers compassionate property management across Metro Seattle, including multi-family management, property marketing, and maintenance services. summary from their website

Single-familySmall multifamily
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$1,009,674
Avg Monthly Rent
$2,600
1% Rule
✗ Below
Landlord Friendly (WA)

🎓 Colleges & Universities in Kenmore

1 College 760 Students
C
Bastyr University
4-Year Private · 760 students

Neighborhoods in Kenmore

ZIP Codes in Kenmore, WA

Screen every ZIP in Kenmore

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Frequently Asked Questions About Kenmore, WA

What are rental rates like in Kenmore, WA?

Rents in Kenmore, WA run near $2,600/mo. Compared with median home prices of $1.0M that produces solid gross yields for typical rentals.

How strong is tenant demand in Kenmore, WA?

The tenant pool in Kenmore, WA is solid, supported by local employment and population fundamentals. Rents of $2,600/mo are well-absorbed by the market.

What type of investing works in Kenmore, WA?

Most investors in Kenmore, WA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Should investors consider Kenmore, WA?

Kenmore, WA comes in at an investability rating of 3.0/5, with median home values near $1.0M and average rents around $2,600/mo. That combination puts it in the healthy tier for investor interest.

Does Kenmore, WA favor landlords or tenants?

Kenmore, WA falls under WA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

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