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City · 17,303 residents · Island County, Washington

Camano , Washington

In Camano, a typical home is worth $670,800 and typical rent is $1,896 a month. Compared with all of Island County, typical household income is 16% higher, typical rent is 14% higher, and the share of households that own their home is 16 points higher.

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  • Typical home value

    $670,800

    13% above the county

    19% above Washington

    • Camano
    • Island
    • Washington

  • Typical rent

    $1,896a month

    14% above the county

    8% above Washington

    • Camano
    • Island
    • Washington

  • Typical household income

    $105,231a year

    16% above the county

    7% above Washington

    • Camano
    • Island
    • Washington

  • Households that own their home

    90%

    16 points above the county

    26 points above Washington

    • Camano
    • Island
    • Washington

Source: U.S. Census Bureau, Average 2020–2024

Camano is in Island County. The FHA loan limit ($671,600 for a one-unit home), the fair market rents and the help on this page are those of all of Island County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Camano apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Oak Harbor, the typical home value is $461,200: 31% less than in Camano ($670,800).

  2. Nearby, in Lake Goodwin, the typical rent is $1,316: 31% less than in Camano ($1,896).

  3. 90% of households in Camano own their home, against 75% in Island County.

  4. The typical household income in Camano is $105,231, 16% more than in Island County as a whole ($90,551).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Camano

What homes there are in Camano, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Camano: 92% of homes, more than in Island County (79%).

Year built

The typical year built in Camano is 1991, about the same as in Island County (1991).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,355 a month

Island County: $2,318 a month

Without a mortgage

$797 a month

Island County: $747 a month

Owners with a mortgage

62%

Island County: 60%

Owning costs about the same in Camano as in Island County: with a mortgage, $2,355 a month; without one, $797.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The Census does not compare Camano with 2015–2019 because its boundaries changed. In Island County, over that time, the typical home value rose 65%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCamanoIsland CountyWashingtonUnited States
Rental vacancy Unreliable estimate7.8%4.5%5.5%
Homeowner vacancy Unreliable estimate1.2%0.7%0.9%
More than one person per room Unreliable estimate2.2%3.5%3.4%
People per household 2.302.352.502.53
Drive alone 69%69%63%69%
Carpool 9%10%9%9%
Public transit Unreliable estimate2%3%3%
Walk or bike Unreliable estimate4%4%3%
Work from home 20%14%20%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

A household in Camano has 2.30 people on average, about the same as in Island County (2.35).

In Camano, 20% of workers work from home, more than in Island County (14%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Camano?

A typical home costs more than the typical income allows

We start with a typical home in Camano, worth $670,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 62% of the typical household income in Camano, which is $105,231 a year. For that payment to be 28% of income, a household would need to earn about $231,731 a year.

The calculator's FHA and conventional loan limits are those of all of Island County.

Your numbers

Local data
$

Starts at the typical home value in Camano. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $23,478 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$5,407

at 7.18% · 30 years

Loan amount
$658,650
Total interest
$947,643
Paid off in
November 2056

Includes $11,328 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,455 a month

  • Tight

    $2,455 to $3,157 a month

  • Hard

    more than $3,157 a month

    Your payment · 62%

Compared with the typical household income in Camano ($105,231 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,407
Principal & interest$4,462
Property tax$369
Home insurance$280
FHA mortgage insurance (MIP)$297

You need at least $23,478 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Camano and Island County

Camano is in Island County, Washington. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Camano's own numbers

Typical home value
$670,800
Typical monthly rent
$1,896
Typical yearly household income
$105,231
Households that own their home
90%
Effective property tax rate
0.66%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Island County

FHA limit, one-unit home
$671,600
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,824
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
6.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Island County.

Everything about Island County

Buying

Buying a home in Camano

A typical home in Camano is worth $670,800: 13% above the county and 19% above Washington. With the typical household income in Camano ($105,231 a year), a typical home costs 6.4 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Camano 6.4 years
  • Island 6.6 years
  • Washington 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Island County

According to FHFA’s house price index, home prices in Island County rose 117% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Island County.

Period County Washington U.S.
Last year (2025) +2.2% +1.8% +2.9%
5 years (2020–2025) +49% +44% +47%
10 years (2015–2025) +117% +113% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Camano next to Island County, Washington and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Camano $670,800
  • Island $593,300
  • Washington $564,600
  • United States $332,700
Typical monthly rent
  • Camano $1,896
  • Island $1,662
  • Washington $1,760
  • United States $1,413
Typical yearly household income
  • Camano $105,231
  • Island $90,551
  • Washington $98,141
  • United States $80,734
See the full table
Camano next to Island County and Washington
Measure Camano Island County Washington U.S.
Typical home value $670,800 $593,300 $564,600 $332,700
Typical monthly rent $1,896 $1,662 $1,760 $1,413
Typical yearly household income $105,231 $90,551 $98,141 $80,734
Households that own their home 90% 75% 64% 65%
Typical yearly property tax $4,417 $3,999 $4,556 $3,119
Effective property tax rate 0.66% 0.67% 0.81% 0.94%
Renters with high rent for their income 40% 54% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Island County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Camano

For a typical $670,800 home in Camano, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Camano's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,407a month

    Least cash to close
    Down payment
    $23,478
    Cash to close
    $43,602
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $297

  • Conventional, 5% down $5,284a month

    Down payment
    $33,540
    Cash to close
    $53,664
    Rate
    7.18%
    Mortgage insurance
    PMI · $319

  • Conventional, 20% down, no PMI $4,284a month

    Down payment
    $134,160
    Cash to close
    $154,284
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,904a month

    Down payment
    $100,620
    Cash to close
    $120,744
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Camano and for Island County.

Property tax

Effective rate in Camano

0.66%of the home’s value each year

$4,417 a year for the typical owner in Camano.

  • Camano 0.66%
  • Island 0.67%
  • Washington 0.81%

What Washington publishes Exemption for people 61 and older or with disabilities (Washington State Department of Revenue)

Exemptions and deadlines in Washington

Flood risk in Island County

FEMA does not publish these numbers by city: they are for all of Island County.

Homes in the high-risk zone
6.3%
2,573
Of those, with NFIP insurance
30%
County Washington U.S.
Homes in the high-risk zone 6.3% 1.6% 3.5%
Of those, with NFIP insurance 30% 40% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Camano

Typical rent in Camano is $1,896 a month: 14% above the county. In Camano, 40% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Island County, by unit size. To pay the 2-bedroom one ($1,824 a month) without spending more than 30% of your income, you would need to earn $35.08 an hour working full time.

HUD fair market rent for all of Island County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,270 $24.42 $50,800
1 bedroom $1,459 $28.06 $58,360
2 bedrooms $1,824 $35.08 $72,960
3 bedrooms $2,501 $48.10 $100,040
4 bedrooms $2,987 $57.44 $119,480

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Camano

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Camano is in ZIP code 98282.

For 2 bedrooms it is $1,950: $126 more than the fair market rent for Island County ($1,824).

  • 98282 $1,950$2,650

A ZIP code counts for Camano when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Camano

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Island County. The nearest ones are below; many serve by phone or online.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Camano

No down payment, repair or rent-help program on our list is for Camano or Island County. The ones below are statewide in Washington: they work in Camano the same as in the rest of the state.

Which programs do I qualify for? All programs in Washington

  • Home Advantage Downpayment Assistance

    Statewide in Washington

    Washington state commission 0% second mortgage for 3%, 4% or 5% of the first mortgage, with no monthly payments; you do not need to be a first-time buyer. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

  • Covenant Homeownership Program

    Statewide in Washington

    Washington state commission loan with no monthly payments of up to 20% of the price (maximum $150,000) plus closing costs, for first-time buyers whose family lived in Washington before 1968 and belonged to a group affected by housing discrimination, including Hispanic people. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

  • House Key Opportunity DPA

    Statewide in Washington

    Washington state commission loan of up to $15,000 at 1% simple interest, with no monthly payments, for the down payment and closing costs of first-time buyers with the House Key Opportunity mortgage. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

Housing counselors near Camano

The HUD-approved agencies closest to the center of Camano, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Parkview Services

    4720 200th St SW Ste 200, Lynnwood · 24 miles away · Spanish

    Also serves in Cantonese, Mandarin Chinese, and other languages.

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (206) 542-6644

  • Urban League of Metropolitan Seattle

    105 14th Ave Ste 200, Seattle · 39 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (206) 461-3792

  • Credit.org - Seattle Branch

    450 Alaskan Way S, Seattle · 39 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (800) 431-8157

All counseling agencies in Washington

Help in Spanish near Camano

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Camano

HUD’s record names them for Camano or Island County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • HA Of Island County Public housing and Section 8 vouchers (360) 678-4181

All housing agencies in Washington Source: HUD

Cities

Other cities in Island County

These cities are also in Island County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Island County Housing in Washington

Nearby cities

The cities closest to Camano, with the typical home value.

Neighboring counties

If Island County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Camano.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Camano

Short answers with the numbers for Camano and all of Island County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Camano?

The typical home value in Camano is $670,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Island County it is $593,300.

How much does it cost to rent in Camano?

Typical rent in Camano is $1,896 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Island County is $1,824.

What is the FHA loan limit in Camano?

Camano uses the FHA limit for all of Island County (2026): $671,600 for a one-unit home and $1,291,550 for a four-unit home.

How much property tax do owners pay in Camano?

The typical homeowner in Camano pays $4,417 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Island County, the rate is 0.67%.

Where can I find free help to buy or rent in Camano?

We found no HUD-approved counseling agencies with an office in Island County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).