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Rental Property Investment Guide: Aberdeen, WA

Updated 2026 · Based on median market data for Aberdeen, WA

Cap Rate
3.47%
Median Price
$315K
Rent/Mo
$1,430
1% Rule
0.45%
Fails

Market Snapshot

Aberdeen sits in the West with a population of 50,000 growing rapidly at 1.1% annually. The median home costs $315,000 while rents average $1,430/mo, producing an estimated cap rate of 3.47%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Aberdeen works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 3.47% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Aberdeen

Target properties priced 15-25% below the $315,000 median — around $252,000 or less. At this price point with $1,430/mo rents, your cap rate improves to roughly 4.8%. Factor in 0.93% property taxes ($2,930/yr), budget 5% of gross rent for maintenance, and underwrite to a 4.6% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $2,020.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Aberdeen property using our cap rate calculator (pre-filled with Aberdeen data). Compare Aberdeen against similar markets in the West region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Aberdeen Compares

Aberdeen vs Washington state average and national average across key investment metrics. Aberdeen's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Aberdeen
Washington Avg
National Avg
Cap Rate
3.47%
2.43%
3.81%
Median Price
$315K
$485K
$333K
Median Rent
$1,430
$1,726
$1,524
Property Tax
0.93%
0.93%
1.08%
Vacancy
4.6%
4.6%
5.6%
Pop. Growth
1.1%/yr
1.1%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Aberdeen, WA
3.5%
$315K
$1,430
0.93%
Red Bluff, CA
3.2%
$315K
$1,320
0.75%
Fort Morgan, CO
3.0%
$320K
$1,220
0.51%
Gillette, WY
2.8%
$320K
$1,190
0.61%
La Grande, OR
2.7%
$320K
$1,230
0.94%

Frequently Asked Questions

Is Aberdeen, WA a good place to invest in rental property?
Aberdeen has an estimated cap rate of 3.47%, which is below the national average of 3.81%. With median home prices at $315K and rents of $1,430/mo, pure cash flow investing in Aberdeen is challenging at median prices, but value-add strategies can work. Population growth of 1.1% and 4.6% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Aberdeen?
The estimated cap rate for Aberdeen is 3.47%, based on median home prices of $315K, median rents of $1,430/mo, a 0.93% property tax rate, and 4.6% vacancy. This compares to a 2.43% average across Washington and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Aberdeen?
The median home price in Aberdeen is $315,000, which is 6% below the national average of $333,419. A 20% down payment would be approximately $63,000. Investment properties in Aberdeen range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Aberdeen property taxes for investors?
Aberdeen's effective property tax rate is 0.93%, which is above the Washington average of 0.93% and below the national average of 1.08%. On a $315K property, annual taxes are approximately $2,930 ($244/mo). Property taxes are moderate and manageable.
Full Aberdeen Analysis →Cap Rate CalculatorBRRRR Calculator

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