Rental Home Purchases in Seattle - 25% Cheaper in Winter!

Thinking of buying a rental property? The best time to get in the market is Winter. According to Business Insider, Seattle Rental Homes are 25% cheaper in the winter. In fact, across the US, rental homes are an average of 6.6% less per square foot for the same rental property during the winter as they are during the spring and summer.

While buying a rental property in Seattle at a 25% discount sounds attractive, other areas can have an even bigger discount. Seattle ranks #9 on the list of best places for purchasing in the Winter. Omaha actually tops the list. Buying in Omaha, Nebraska can be 32% less expensive in the winter than other seasons.

Simply lower prices won't make an investment worthwhile. It's also important to evaluate many other factors, cap rate, local regulations like rent control, and of course, location.

Even though properties are less expensive, the main challenge still lies in the fact that inventory remains at an all time low. If you find a place, count yourself lucky! If you need assistance, call us!