Top 10 Places to Buy Homes Around JBLM to Keep as a Future Rental

If you’re stationed at Joint Base Lewis-McChord (JBLM), planning a PCS, or simply looking to build long-term wealth through real estate, buying a home near the base can be a smart move. The area surrounding JBLM is filled with communities that offer solid appreciation potential, steady rental demand (especially from other military families), and great amenities.

Here are the Top 10 Places Around JBLM to consider buying a home now—and turning it into a profitable rental later.

1. Lacey

• Why It’s Great: High rental demand from military families. Close to I-5 and JBLM’s north gate.

• Rental Perks: Good schools, family-friendly neighborhoods, newer developments.

• Bonus: Lots of newer homes mean less maintenance.

2. Dupont

• Why It’s Great: Literally minutes from JBLM. Known as a “military town.”

• Rental Perks: Walkable communities, parks, low vacancy rates.

• Bonus: HOA communities are well-maintained—great for long-term rentals.

3. Yelm

• Why It’s Great: More affordable price point with lots of space and newer homes.

• Rental Perks: Popular with military families looking for room to spread out.

• Bonus: Rapid growth = good future appreciation.

4. Spanaway

• Why It’s Great: Close to JBLM and more affordable than Tacoma or Lakewood.

• Rental Perks: High demand, especially for 3-4 bedroom homes.

• Bonus: A great balance of city access and country feel.

5. Lakewood

• Why It’s Great: Urban feel with access to restaurants, shopping, and freeways.

• Rental Perks: Mix of single-family homes and duplexes.

• Bonus: Many properties already set up for multi-family or ADU rentals.

6. Puyallup (South Hill area)

• Why It’s Great: Suburban charm with top-rated schools and newer subdivisions.

• Rental Perks: Always in demand, not just for military renters but families in general.

• Bonus: Great long-term appreciation potential.

7. Roy

• Why It’s Great: Quiet, rural area with lots of land and privacy.

• Rental Perks: Attracts renters who want peace and space—but still want to be close to JBLM.

• Bonus: Opportunity for large lots, even potential for ADUs.

8. Steilacoom

• Why It’s Great: Coastal town vibe with historical charm.

• Rental Perks: Often overlooked, but great rental demand from officers and retirees.

• Bonus: Great long-term appreciation and community pride.

9. Tacoma (South End)

• Why It’s Great: Urban, trendy, and undergoing revitalization.

• Rental Perks: Strong rental rates, especially near downtown and UW Tacoma.

• Bonus: Good option for those considering short-term rentals (Airbnb).

10. Tumwater

• Why It’s Great: Neighboring Olympia with great access to state jobs and amenities.

• Rental Perks: A solid option for military families or state employees alike.

• Bonus: Strong schools and newer housing stock.

Final Thoughts

Whether you’re looking to house hack now and rent later, or you're ready to jump into investing, the JBLM area is filled with opportunities. The key is to choose a location that fits your goals—whether that’s long-term appreciation, low-maintenance rentals, or cash flow.

Want help figuring out which area is best for your situation? I specialize in helping military families and first-time investors find homes with long-term rental potential.

📩 Let’s chat about your goals!
🔍 Or check out current listings in these areas: www.JBLMHomeFinder.com