Real Estate Investing in Island County, Washington

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

6 ZIP codes • Population: 67,034

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

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

πŸ“ˆ For Investors
WEAK
2.3 / 5 (38/100)

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: 15.7% of homes vacant β€” above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 β€” slower evictions, more regulations.

What’s happening in Island County, WA?

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2.3/ 5

Investability

County-wide average

2.0/ 5

Appreciation

2.4% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $707,210
Avg Monthly Rent $1,705
ZIP Codes 6

Investing in Island County Real Estate

This is a distressed-leaning county in Washington: Island has 6 cities, 6 ZIPs, and investment math that only works for investors with genuine local understanding.

plainly Island County's β˜…β˜…β˜†β˜†β˜† aggregate rating reflects modest investor metrics across the board β€” soft rent growth, soft appreciation, and structural headwinds worth taking seriously.

Distressed-leaning demographics in Island 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 Island County, WA. Anonymous, moderated, never written by AI.

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Avg Home Value
$707,210
Avg Monthly Rent
$1,705
1% Rule
βœ— Below
Landlord Friendly (WA)
β˜…β˜†β˜†β˜†β˜†

πŸ“‰ Market Crash Risk Index

Based on Oak Harbor, WA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
2/2
67 days

View all metro crash risk rankings β†’

Cities in Island County

ZIP Codes in Island County, WA

Screen every market in Island County

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 Island County

What strategy should investors use in, WA?

Most investors in, WA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.3/5 investability profile and the market fundamentals.

How strong is tenant demand in, WA?

Expect a solid tenant pool in, WA. The rental market absorbs $1,705/mo rents without meaningful friction.

Is in WA worth investing in?

, WA rates 2.3/5 for investability. With median values at $707K and rents near $1,705/mo, the market offers reasonable fundamentals for rental investors.

How does, WA stack up against WA overall?

, WA measures broadly in line with the WA state benchmark. Investors should treat statewide figures as a reference, not a substitute for local data.

Community Ratings

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