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Okanogan city, WA

ZIP 98840 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98840

Median Home Value
$251,700
Median Rent
$745
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,617/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98840 in Okanogan city, WA, a household would need roughly $69,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,617. That is roughly in line with the local median household income ($67,634). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
61.1%-6% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
4.8%-67% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
1.0%-85% vs US avg
x
Rent Burden >30%
4.7%-91% vs US avg
x
Mortgage-Free
57.0%+49% vs US avg
x
$251,700
Home Value
$745
Rent
1974
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.6%
  • 1-unit attached0.0%
  • 2-9 units2.5%
  • 10+ units1.0%
  • Mobile home & other22.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$251,700
Median rent$745
Owner-occupied61.1%
Vacant12.0%
Price-to-income3.7x
Est. income to buy$69,000