Washington

Kennewick, WA Rental Market

Kennewick is one of the three cities of the Tri-Cities area — along with Richland and Pasco — that collectively form one of the most unique economic zones in the Pacific Northwest, centered on the Hanford Site, the world's largest nuclear cleanup project and a major Department of Energy complex. The scientific and engineering workforce supporting Hanford operations creates an unusually high-income, stable tenant base for a small market, supplementing agricultural and food processing employment in this fertile Columbia Basin region.

Get a rent estimate for an address in Kennewick

Average Rent in Kennewick, WA

$1,200

per month · 2026-06

+3.2% year-over-year

Market Score

6/10

Key Facts — Kennewick, WA Rental Market

  • Average rent in Kennewick, WA:$1,200/mo
  • Median rent:$1,104/mo
  • Rent range:$600 – $2,650/mo
  • Most common rental (2 bedrooms):$1,050/mo
  • Active listings:480
  • Avg days to lease:32 days
  • Year-over-year change:+3.2%
  • Median home value:$255,000
  • Est. gross annual yield:5.6%
  • Data as of:2026-06

Rent by Bedroom in Kennewick, WA

Average monthly rent for each bedroom type based on current active listings in Kennewick.

Bedroom TypeAvg Rent/mo
1 Bedroom
$875/mo
2 Bedrooms
$1,050/mo
3 Bedrooms
$1,350/mo
4 Bedrooms
$1,650/mo
5 Bedrooms
$1,900/mo

Kennewick Rental Market Statistics

Key indicators from the current Kennewick, WA rental market.

Active Listings

480

Available now in Kennewick

Avg Days on Market

32

From list to lease

Rent per Sq Ft

$0.96

Average across listings

Avg Square Footage

1,250 sq ft

Typical rental size

Rent Range

$600 – $2,650

Min to max active listings

Year-over-Year Change

+3.2%

Avg rent vs. prior year

Investing in Kennewick, WA Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$255,000

Typical purchase price in Kennewick

Est. Gross Annual Yield

5.6%

Before expenses & vacancy

Avg Monthly Income

$1,200

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Kennewick for a full cash-flow breakdown including all costs.

Kennewick, WA Rental Market FAQ

Common questions about renting and investing in Kennewick, WA.

What is the average rent in Kennewick, WA?

The average rent in Kennewick, WA is $1,200 per month as of 2026. One-bedroom apartments average $875/mo, two-bedrooms average $1,050/mo, and three-bedroom homes average $1,350/mo. Kennewick's south side neighborhoods and areas near the Columbia River offer the most desirable settings, while the central and east Kennewick areas provide more budget-friendly options.

Is Kennewick, WA a good place to invest in rental property?

Kennewick offers a 5.6% estimated gross yield on a $255,000 median home value. Hanford Site contractors and DOE personnel in neighboring Richland create a high-quality tenant demand that reaches into Kennewick's rental market. Agricultural and food processing employment in the broader Tri-Cities area adds volume, and 3.2% year-over-year rent growth is solid for a smaller Eastern Washington market.

How competitive is the Kennewick, WA rental market?

Kennewick has approximately 480 active listings and averages 32 days on market — a moderate pace for a smaller market. Demand is driven by Hanford-related contractors, agricultural industry workers, and families seeking affordable Columbia Basin living. Properties with newer construction or in the Southridge area near schools and retail move faster than older inventory in central Kennewick.

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