Top 5 counties in Washington to invest

[Jeremy Lemm]

Are you looking in Washington state for investments? Here's the consolidated overview with the approximate average rental prices included for each county:

1. Spokane County

• Average Purchase Price: Approximately $400,000
• Average Rent Prices: Around $1,600 - $1,800 per month for a typical 2-3 bedroom home.
• Investment Appeal: Spokane offers a mix of urban and suburban properties with solid rental demand driven by universities, healthcare facilities, and a growing tech sector. The relatively lower property prices and steady rental income potential make it an attractive option for investors.

2. Pierce County

• Average Purchase Price: Approximately $500,000
• Average Rent Prices: Around $2,000 - $2,200 per month for a typical 2-3 bedroom home.
• Investment Appeal: With major city Tacoma undergoing revitalization and its proximity to Seattle, Pierce County is appealing due to its affordable property prices compared to King County and strong rental market. These factors provide good investment opportunities.

3. Thurston County

• Average Purchase Price: Approximately $480,000
• Average Rent Prices: Around $1,800 - $2,000 per month for a typical 2-3 bedroom home.
• Investment Appeal: Home to Olympia, the state capital, Thurston County ensures a stable government-related job market. The area's natural beauty, relatively lower cost of living, and steady demand for rental properties make it appealing for investors seeking stable and reliable returns.

4. Clark County

• Average Purchase Price: Approximately $525,000
• Average Rent Prices: Around $2,200 - $2,400 per month for a typical 2-3 bedroom home.
• Investment Appeal: Clark County, including the city of Vancouver, benefits from its location near Portland, providing a more affordable living option while maintaining access to a large metropolitan job market. The county offers a combination of reasonable property prices and strong rental demand.

5. Yakima County

• Average Purchase Price: Approximately $360,000
• Average Rent Prices: Around $1,400 - $1,600 per month for a typical 2-3 bedroom home.
• Investment Appeal: Yakima County is a significant agricultural hub, which provides a steady demand for rental properties. The affordability of real estate in the area makes it an attractive option for investors looking for lower entry costs and decent rental income. The steady agricultural economy supports rental demand, ensuring consistent returns for investors.

These average prices provide a snapshot of the real estate and rental market conditions in these counties. However, prices can vary significantly within each county depending on specific locations, property types, and other factors. For the most accurate and detailed information, it's recommended to refer to local real estate listings and market reports or consult with real estate professionals who are active in these areas. 

I cover the Spokane county and can provide additional information.