RentData

Average Rent in Wenatchee, WA Rents rising 2.8% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 123,251

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Wenatchee, WA has rental prices ranging from $1,020/month to $2,444/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,134/month — 19% below the national average of $1,400/month. With a median household income of $79,007/year, spending $1,134/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Wenatchee Compares

With an average 2-bedroom rent of $1,488/month, Wenatchee ranks #10 most expensive of the 36 cities tracked in Washington — pricier than 92% of all US cities in our data.

The Wenatchee Rental Market

The Wenatchee, WA area has a population of about 123,251 and 35% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Wenatchee, WA have risen by $40/month (2.8%) over the past year, from $1,448 to $1,488. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Wenatchee, WA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $45,360. The local median household income of $79,007 exceeds that threshold by $33,647, making Wenatchee relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Wenatchee, WA is $496,728, giving a price-to-rent ratio of 27.8. With a break-even horizon of approximately 28 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$1,020
Affordable
1 Bedroom
$1,134
Affordable
2 Bedrooms
$1,488
2.8% YoY
Affordable
3 Bedrooms
$2,065
Average
4 Bedrooms
$2,444
Average
🔔
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Median Home Value
$496,728
Source: Zillow ZHVI
Est. monthly payment
$2,644/mo
20% down · 30yr · 7%

Is Wenatchee, WA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$59,520/year
Local median income: $79,007
To buy a median home
$105,752/year
US national median: $75,000
💡 Based on a 2BR rent of $1,488/month and 20% down on a $496,728 home at 7% rate.

Nearby Cities in WAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Tacoma$1,479$1,673$2,057$2,882
Seattle$2,238$2,293$2,671$3,521
Spokane$998$1,123$1,444$1,997
Kennewick$1,101$1,236$1,503$2,003
Olympia$1,393$1,585$1,843$2,526
Bremerton$1,411$1,568$2,057$2,685

Rent or Buy in Wenatchee?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Wenatchee data

$
Home Value
$496,728
2BR Rent
$1,488/mo
Mortgage Rate
7%
Monthly P&I
$2,644/mo
🏠 Buy

Buying breaks even after 3 years — worth it if you stay 3+ years.

Total monthly buy cost: $3,658/movs rent: $1,488/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $496,728 home at 7% rate

20% — $99,346
3%50%
Estimated Monthly Payment
$2,644
per month · 30 years · 7% APR
Loan Amount
$397,382
Total Paid
$951,766
Total Interest
$554,384
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Wenatchee

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🏘️Neighborhoods in Wenatchee

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⚖️Rent vs Buy in Wenatchee

Is it cheaper to rent or buy here?

💵Rent Affordability in Wenatchee

Salary needed to afford rent here

🗺️All Cities in WA

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📋WA Tenant Rights

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