Real Estate Investing in Lake Stevens, Washington

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

1 ZIP codes • Population: 52,005 • Snohomish County

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

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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 Lake Stevens, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.6% 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 $704,712
Avg Monthly Rent $3,015
ZIP Codes 1

Investing in Lake Stevens Real Estate

With a sizable population across 1 ZIPs, Lake Stevens shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

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. Lake Stevens is in that category.

Rents in Lake Stevens at $3,015/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.

Demographics in Lake Stevens show real pressure — median income of $N/AK is soft relative to rents, and the 0% renter share includes significant cost-burdened households.

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

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Snohomish County

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inTrust Property Management offers HOA Management Services in King & Snohomish Counties. summary from their website

HOA
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Haven Property Management is a full-service residential management company based in Federal Way, WA, covering the Greater Puget Sound area. summary from their website

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Navigate Community Management provides community management services. summary from their website

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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
$704,712
Avg Monthly Rent
$3,015
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Lake Stevens, WA

Screen every ZIP in Lake Stevens

Filter Lake Stevens’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 Lake Stevens, WA

Which investment style suits Lake Stevens, WA?

Most investors in Lake Stevens, 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.

Are rents high in Lake Stevens, WA?

Rental rates in Lake Stevens, WA average $3,015/mo. Tenant demand and $705K home values make the yield look reasonable by investor standards.

How tight is the rental market in Lake Stevens, WA?

Vacancy in Lake Stevens, WA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $3,015/mo.

What is the typical home price in Lake Stevens, WA?

Median home price in Lake Stevens, WA is near $705K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

What kind of tenants rent in Lake Stevens, WA?

Tenant demand in Lake Stevens, WA is solid. The local workforce $3,015/mo rents across most rental classes.

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