Is Okanogan County, WA good for real estate investing?

Okanogan County has an investment score of 55/100, rated as "Hold". The county ranks #501 nationally among 1000 counties analyzed.

What is the median home price in Okanogan?

The median home price in Okanogan County is $317,305. This ranks #747 in affordability among all US counties.

Can you cash flow on rental properties in Okanogan?

Based on median values with 20% down at current rates, a typical rental in Okanogan County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Okanogan County

WashingtonPopulation: 42,336

/100

Hold

#501 of 1,000 counties

#9 in Washington (39 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated August 31, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$317,305

Median Home Price

38% above national median

$19,172/mo

Est. Rent

Based on regional data

6.04%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

55/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

54/100

Based on 0.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

62/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

42,336

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
Pend OreilleWA	57	$377,734	Est. pending	—	Hold	View
WahkiakumWA	56	$390,618	Est. pending	—	Hold	View
CurrentOkanoganWA	55	$317,305	Est. pending	—	Hold
PacificWA	55	$330,705	$1,667	6.05%	Hold	View
YakimaWA	52	$345,061	$1,305	4.54%	Hold	View
DouglasWA	52	$476,828	$2,277	5.73%	Hold	View

The Bottom Line

HoldOkanogan is a neutral market.

Okanogan County in Washington scores 55/100, ranking #501 of 1,000 US counties (top 64%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Related markets

Markets like Okanogan with stronger cash flow

Head-to-head comparisons

All counties in Washington →

Rent vs buy in Washington cities

Rent vs buy in Seattle, WAMedian $841,149 · rent $2,267/mo Rent vs buy in Spokane, WAMedian $412,282 · rent $1,510/mo Rent vs buy in Tacoma, WAMedian $555,177 · rent $1,957/mo Rent vs buy in Vancouver, WAMedian $537,646 · rent $1,898/mo Rent vs buy in Bellevue, WAMedian $841,149 · rent $2,267/mo All Washington citiesFull rent-vs-buy directory for the state

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