Real Estate Investing in Moses Lake, Washington

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

1 ZIP codes • Population: 47,399 • Grant County

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

🏠 For Homebuyers
MIXED
Grade C (56/100)

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 Moses Lake, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.9% 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 $367,636
Avg Monthly Rent $1,496
ZIP Codes 1

Investing in Moses Lake Real Estate

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

Across Moses Lake's 1 ZIPs, fundamentals run modest: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

The $1,496/mo / $368K relationship in Moses Lake looks subdued once vacancy and capex are incorporated into underwriting. looks to the realized yield tends to disappoint.

Population dynamics in Moses Lake haven't been supportive. less favorable for combined with thin 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 Moses Lake, WA

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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

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Avg Home Value
$367,636
Avg Monthly Rent
$1,496
1% Rule
✗ Below
Landlord Friendly (WA)

📉 Market Crash Risk Index

Based on Moses Lake, WA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
54%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Moses Lake, WA metro
0
Days to pending
6.9%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Moses Lake

1 College 1,786 Students 766 Off-Campus Renters
C
Big Bend Community College
4-Year Public · 1,786 students
📍 ~766 students rent off-campus

Investor Insight: With 766 students living off-campus, Moses Lake has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Moses Lake, WA

Screen every ZIP in Moses Lake

Filter Moses Lake’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 Moses Lake, WA

How do home values compare in Moses Lake, WA?

Moses Lake, WA median home values land near $368K. That is reasonable territory for investors looking at $1,496/mo-per-month rentals.

Is Moses Lake, WA a friendly market for rental owners?

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

How deep is the rental pool in Moses Lake, WA?

Moses Lake, WA offers a predictable renter base at the $1,496/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is Moses Lake, WA a good market for FHA house hackers?

The a challenging house-hack environment in Moses Lake, WA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What are vacancy rates like in Moses Lake, WA?

Rental vacancy in Moses Lake, WA is elevated. Investors should budget normal turnover but not chronic empty units.

Community Ratings

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