Wenatchee, WA · Washington

Douglas County

ZIP 98845

43,733 residents297 permits TTM$80,374 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$402,900

ACS 5-Year

Cap rate proxy

3.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.4%

HUD FMR ÷ ACS HHI

Net migration

+2.95%

IRS SOI

Permits (TTM)

297

Census BPS

Climate risk

74.1

FEMA NRI (0–100)

ZIP 98845

Median home value

Gross yield

Cap rate

3.7%

Rent gap

Affordability

P/I: 5.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown9 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
988136.4%
991336.0%
991154.9%
988303.7%
988584.7%

Ranked by composite score

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Demographics

Owner-occupied

68.4%

Census ACS

Vacancy rate

11.4%

Census ACS

Bachelor's degree +

21.9%

Census ACS

Rent burdened

36.3%

Census ACS (>30% income)

Median age

38.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026