Real Estate Investing in Rice, Washington

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

1 ZIP codes • Population: 943 • Stevens County

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

🏠 For Homebuyers
WEAK FIT
Grade F (32/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 18.9% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Rice, WA?

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2.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.4% 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 $382,171
Avg Monthly Rent $1,017
ZIP Codes 1

Investing in Rice Real Estate

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

A 2.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Rice is in that category.

clearly Rice's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Population dynamics in Rice haven't been supportive. a stretch 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 Spokane-Spokane Valley, WA

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

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Avg Home Value
$382,171
Avg Monthly Rent
$1,017
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Rice, WA

Screen every ZIP in Rice

Filter Rice’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 Rice, WA

What is the rental occupancy rate in Rice, WA?

Vacancy risk in Rice, WA is elevated. That supports predictable cash flow for typical rental holds.

What do rentals go for in Rice, WA?

Rent in Rice, WA is around $1,017/mo. The resulting rent-to-value relationship with $382K pricing is reasonable for most investor models.

Is rental property easy to operate in Rice, WA?

For rental operators, Rice, WA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

How qualified is the tenant pool in Rice, WA?

Tenant quality in Rice, WA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,017/mo.

Is Rice, WA a smart market for rental property?

Our data puts Rice, WA at 2.0/5 for investability. Home prices of $382K and rents around $1,017/mo create a solid backdrop for investor activity.

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