Real Estate Investing in Bremerton, Washington (98310)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98310 (Bremerton, WA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Bremerton, WA (98310)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 98310 Bremerton
ZIP 98310 in Bremerton, WA carries a substantial set of headwinds. Home values near $468K and rents of $1,844/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 98310 can be a a credible choice for hunting ground — but the discount at $468K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Bremerton have seen price recovery that 98310 has not matched. Kitsap County data supports the view that the spread is structural rather than temporary.
Resident income in 98310 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Bremerton:
Property Strategy for 98310
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $257,283 | $1,420 | 4.0% | +4.0% | $257,283 |
| 2BR | $379,985 | $1,860 | 3.5% | +3.3% | $189,993 |
| 3BR | $462,092 | $2,420 | 3.8% | +4.3% | $154,031 |
| 4BR | $508,272 | $2,790 | 4.0% | +4.4% | $127,068 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 98310 Compare?
| Metric | 98310 | Bremerton | Bremerton-Silverdale-Port Orchard, WA | Washington |
|---|---|---|---|---|
| Home Value | $467,707 | $376,886 | N/A | $591,536 |
| 5-Year CAGR | 1.8% | 1.9% | N/A | 5.9% |
| Avg Rent | $1,844 | $1,921 | N/A | - |
| Cap Rate | 3.1% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98310 (Bremerton, WA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 98310 (Bremerton, WA)?
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Property managers serving Kitsap County
Manage rentals here? List your business →Olympic Property Management LLC provides residential management services for individuals and families in north Kitsap County from their office on Bainbridge Island. summary from their website
Details Property Management provides property management services in Kitsap County. summary from their website
Paramount Property Management Group provides property management services for houses and homes for rent in Port Orchard. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $467,707 |
| Monthly Rent | $1,844 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 98310
Population: 22,170
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 98310
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Woodlands Elementary
Esquire Hills Elementary
Brownsville Elementary
Pinecrest Elementary
Bremerton High School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,796 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Bremerton, WA?
Bremerton, WA shows an investability rating of 2.0/5, with median home values near $468K and average rents around $1,844/mo. That combination puts it in the sturdy tier for investor interest.
What is the average home sale price in Bremerton, WA?
Bremerton, WA median home values land near $468K. That is reasonable territory for investors looking at $1,844/mo-per-month rentals.
What is the average monthly rent in Bremerton, WA?
Investors in Bremerton, WA typically see rents near $1,844/mo per month against $468K home values - a solid setup for rental cash flow.
What is the best play in Bremerton, WA?
The best-fit strategy in Bremerton, WA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Do rentals sit vacant long in Bremerton, WA?
Bremerton, WA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 98310 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98310 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 98310 ranks in Bremerton-Silverdale-Port Orchard, WA
Every ZIP in this metro, ranked. Free.
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