Real Estate Investing in Orting, Washington (98360)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98360 (Orting, WA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Orting, WA (98360)?
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Market Analysis: 98360 Orting
Investors eyeing 98360 need to respect the fundamentals at play. Home values of $560K come alongside slower price movement and elevated management overhead.
The investment case in 98360 is significant only for operators who understand what they are buying. A $560K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 98360 among WA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 98360 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Orting's stable or hybrid ZIPs before stepping into 98360. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Orting:
Property Strategy for 98360
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $457,290 | $2,540 | 4.0% | +7.0% | $228,645 |
| 3BR | $521,907 | $3,520 | 4.9% | +6.4% | $173,969 |
| 4BR | $603,227 | $4,000 | 4.8% | +6.5% | $150,807 |
| 5BR | $636,439 | — | — | +6.3% | $127,288 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 98360 Compare?
| Metric | 98360 | Orting | Seattle-Tacoma-Bellevue, WA | Washington |
|---|---|---|---|---|
| Home Value | $559,604 | $559,604 | N/A | $591,536 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 5.9% |
| Avg Rent | $3,140 | $3,140 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 98360 (Orting, WA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 98360 (Orting, WA)?
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Property managers serving Pierce County
Manage rentals here? List your business →Harborside Property Management LLC offers commercial and residential property manager services in Tacoma & Gig Harbor, including single-family and multi-family homes. summary from their website
Haven Property Management is a full-service residential management company based in Federal Way, WA, covering the Greater Puget Sound area. summary from their website
HOA Community Solutions provides management services for homeowner associations. 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 | $559,604 |
| Monthly Rent | $3,140 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 98360
Population: 14,986
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 98360
Schools in This ZIP Code
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.
Frequently Asked Questions
What monthly rent should investors expect in Orting, WA?
Rental rates in Orting, WA average $3,140/mo. Tenant demand and $560K home values make the yield look reasonable by investor standards.
Where do home prices stand in Orting, WA?
Orting, WA median home values land near $560K. That is reasonable territory for investors looking at $3,140/mo-per-month rentals.
What kind of market is Orting, WA for investors?
Our data puts Orting, WA at 3.0/5 for investability. Home prices of $560K and rents around $3,140/mo create a solid backdrop for investor activity.
What is the smart move for investors in Orting, WA?
Most investors in Orting, 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.
Does house hacking work in Orting, WA?
House hacking works a challenging in Orting, WA. Rents of $3,140/mo against $560K acquisition make the strategy solid for owner-occupants.
You know 98360 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98360 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 98360 ranks in Seattle-Tacoma-Bellevue, WA
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