Market rankings · county data · updated October 18, 2026
The best Washington markets for DSCR investors
4 markets ranked by how much of a typical house's full monthly payment the rent covers. Kennewick, WA leads at 0.61x. At a 7.5% rate and 25% down, no typical house here reaches 1.00x on the HUD 2-bedroom Fair Market Rent, so the useful column is the price that clears 1.20x: below it, a house at that rent covers its payment with the cushion.
| # | Market | Typical house DSCR | Price that clears 1.20x | Typical value | Rent (2-bedroom) | Rent-to-price | Property tax | Insurance / yr | Jobs, 1 yr | Flood claims |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kennewick, WA | 0.61x | $195,000 | $399,900 | $1,487 | 4.5% | 0.77% | $1,070 | +0.5% | 46 |
| 2 | Spokane, WA | 0.59x | $191,500 | $405,800 | $1,476 | 4.4% | 0.82% | $1,130 | +0.4% | 43 |
| 3 | Bremerton, WA | 0.58x | $261,500 | $555,100 | $1,967 | 4.3% | 0.77% | $1,180 | -1.4% | 167 |
| 4 | Seattle, WA | 0.54x | $327,000 | $754,900 | $2,456 | 3.9% | 0.84% | $1,220 | -0.3% | 3,638 |
Other states ranked
How the ranking works
Each market is the metro area DSCRInfo tracks, built from its counties' official data and weighted by households: the typical home value, effective property tax and the insurance owners report paying come from the Census household survey; the rent is the HUD 2-bedroom Fair Market Rent, weighted by renter households; flood claims are NFIP claims since 2005; the jobs change is a year of federal employment statistics. The property tax is for owner-occupied homes, which can carry a homestead exemption or assessment cap that a rental does not get, so a rental's tax can run higher, notably in states such as Florida and Texas.
The ratio is DSCR: the monthly rent divided by the full monthly payment for a house at the typical value, with 25% down, a 7.5% 30-year loan, property tax and insurance. The same formula runs the market pages and the calculator. Markets are ranked by that ratio, then by rent-to-price. The price that clears 1.20x is the highest price at which a house at that rent covers its full payment with a 20% cushion, on the same assumptions.
The HUD 2-bedroom Fair Market Rent can sit below what a single-family house rents for, so every ratio here is cautious, and a specific house should be tested on its own rent. A lender sizes the loan on the lease or the appraiser's rent estimate, not on an area figure.