Real Estate Investing in Franklin County, Washington

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

4 ZIP codes • Population: 96,682

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

🏠 For Homebuyers
CAUTION
Grade D (47/100)

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

πŸ“ˆ For Investors
WEAK
2.8 / 5 (44/100)

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 β€” slower evictions, more regulations.

What’s happening in Franklin County, WA?

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2.8/ 5

Investability

County-wide average

2.0/ 5

Appreciation

3.6% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $509,567
Avg Monthly Rent $1,366
ZIP Codes 4

Investing in Franklin County Real Estate

Franklin County (WA) covers 4 ZIPs and 4 municipalities. clearly the fundamentals here skew distressed, and both rent and price trends have been tepid across most of the geography.

Investors considering Franklin, Washington should understand what the β˜…β˜…β˜…β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

Distressed-leaning demographics in Franklin β€” soft income growth, high rent burden, population shifts β€” are among the reasons the β˜…β˜…β˜…β˜†β˜† rating sits where it does.

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

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

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Avg Home Value
$509,567
Avg Monthly Rent
$1,366
1% Rule
βœ— Below
Landlord Friendly (WA)
β˜…β˜†β˜†β˜†β˜†

πŸŽ“ Colleges & Universities in Franklin County

1 College 6,729 Students 3,539 Off-Campus Renters
C+
Columbia Basin College
4-Year Public Β· 6,729 students
πŸ“ ~3,539 students rent off-campus

Investor Insight: With 3,539 students living off-campus, Franklin County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Franklin County

ZIP Codes in Franklin County, WA

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Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Franklin County

How tight is the rental market in, WA?

Vacancy in, WA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,366/mo.

How expensive is real estate in, WA?

In, WA the median home value sits at $510K. Against the broader WA market, that reads as reasonable for most investors.

Should investors consider, WA?

, WA clocks in at an investability rating of 2.8/5, with median home values near $510K and average rents around $1,366/mo. That combination puts it in the solid tier for investor interest.

How qualified is the tenant pool in, WA?

, WA draws a steady base of working renters. Demand at the $1,366/mo rent level is reasonable for standard single-family and small multi rentals.

Community Ratings

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