Guide · 5 min read · Updated 2026-06-04
Moses Lake Rental Market Report — Q3 2026
The Moses Lake rental market continues to tighten as manufacturing hiring accelerates. Here's the current state of inventory, pricing, and availability.
Market overview
Moses Lake's rental vacancy rate has dropped to roughly 4–5% as of Q3 2026, down from historical averages of 7–9%. The manufacturing hiring wave — REC Silicon, Group14, Sila, Genie — has absorbed most available quality inventory. Older units still exist but often require significant maintenance tolerance.
Rent trends
New-construction 2BR townhomes: $1,600–$1,900/mo. New-construction 3BR: $1,700–$2,100/mo. Older 2BR apartments: $1,200–$1,500. Older 3BR single-family rentals: $1,500–$1,900. Rents have risen roughly 8–12% since 2023, with the sharpest increases in new-construction inventory.
New construction pipeline
Marina Shore Villas (56 units, 2024–2026) is the only major new-construction rental community completed in the last two years. Additional multifamily construction is rumored but not yet permitted at scale. Expect tight inventory through at least 2027.
Advice for renters
Act fast when you find a unit that works. Have your application documents ready before you tour. Consider new construction even if the rent is slightly higher — total cost of living often narrows the gap. And don't wait for the 'perfect' unit in a tight market.
Looking for a unit now? Marina Shore Villas has brand-new 2 and 3BR townhomes available.
Check availability →