Real Estate Investing in Pateros, Washington

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

1 ZIP codes • Population: 1,313 • Okanogan County

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

🏠 For Homebuyers
CAUTION
Grade D (41/100)

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
2 flags
  • High vacancy: 24.8% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Pateros, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.8% 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 $455,651
Avg Monthly Rent $1,350
ZIP Codes 1

Investing in Pateros Real Estate

Across Pateros's 1 ZIPs, the picture is soft: $456K median values, $1,350/mo rents, and a population that has faced real economic pressure.

The investment case for Pateros is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $1,350/mo / $456K relationship in Pateros looks muted once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

Demographics in Pateros 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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Landlord Ground Truth

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Avg Home Value
$455,651
Avg Monthly Rent
$1,350
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Pateros, WA

Screen every ZIP in Pateros

Filter Pateros’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 Pateros, WA

How much do tenants pay in Pateros, WA?

Rental rates in Pateros, WA average $1,350/mo. Tenant demand and $456K home values make the yield look reasonable by investor standards.

Are renters plentiful in Pateros, WA?

The renter base in Pateros, WA is reasonable for the $1,350/mo price point. Screening well and pricing to market typically yields steady tenants.

Should investors worry about vacancy in Pateros, WA?

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

Does Pateros, WA favor landlords or tenants?

WA ranks as a tenant-protective state for landlord-tenant law. Pateros generally follows the statewide framework, so landlords face reasonable operating rules.

What strategy should investors use in Pateros, WA?

Pateros, WA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($456K prices, $1,350/mo rents) make it a reasonable choice.

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