Real Estate Investing in Pullman, Washington

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

1 ZIP codes • Population: 33,692 • Whitman County

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

🏠 For Homebuyers
WEAK FIT
Grade F (29/100)

Multiple negative signals. Better options likely exist nearby.

📈 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: 14.3% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Pullman, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.1% 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 $435,193
Avg Monthly Rent $1,414
ZIP Codes 1

Investing in Pullman Real Estate

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

unambiguously Pullman's aggregate rating of ★★★☆☆ reflects soft investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Pullman are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Pullman haven't been supportive. better suited elsewhere for combined with muted 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 Pullman, WA

Pullman 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 Pullman, WA. Anonymous, moderated, never written by AI.

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Avg Home Value
$435,193
Avg Monthly Rent
$1,414
1% Rule
✗ Below
Landlord Friendly (WA)

📉 Market Crash Risk Index

Based on Pullman, WA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
47%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Pullman, WA metro
0
Days to pending
7.9%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Pullman

1 College 26,490 Students 582 Off-Campus Renters
B
Washington State University
4-Year Public · 26,490 students
📍 ~582 students rent off-campus

Investor Insight: With 582 students living off-campus, Pullman has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Pullman, WA

Screen every ZIP in Pullman

Filter Pullman’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 Pullman, WA

How do experienced investors play Pullman, WA?

Most investors in Pullman, 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.

What is the tenant pool like in Pullman, WA?

Tenant quality in Pullman, WA ranks as solid. Landlords generally report stable occupancy at market rents of $1,414/mo.

How much do tenants pay in Pullman, WA?

Rental rates in Pullman, WA average $1,414/mo. Tenant demand and $435K home values make the yield look reasonable by investor standards.

Is Pullman, WA good for landlords?

Landlord-friendliness in Pullman, WA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Are there empty rentals in Pullman, WA?

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

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