Cheney, WA Rental Market Trends
The average rent for an apartment in Cheney is $1,052, a 5% increase compared to the previous year, when the average rent was $998.
Average Rent in Cheney, WA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,052||5%||967 sq. ft.|
The average size for a Cheney, WA apartment is 967 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cheney, WA Apartment Rent Ranges
Cheney, WA Occupied Housing Units
- Renter-occupied Households57%
- Owner-occupied Households42%
2,476 or 57% of the households in Cheney, WA are renter-occupied while 1,842 or 42% are owner-occupied.
Cheney, WA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||May / 2020|
Average Rent in Cheney, WA By Neighborhood
|Nine Mile Falls||$1,022|
|The Fairways Golf Course||$1,052|
|Hangman Valley Golf Course||$1,071|
|Greater Liberty Lake||$1,251|
The most affordable neighborhoods in Cheney are Airway Heights, where the average rent goes for $1,022/month, Nine Mile Falls, where renters pay $1,022/mo on average, and Marshall, where the average rent goes for $1,052/mo. If you’re looking for other great deals, check out the listings from The Fairways Golf Course ($1,052), Hangman Valley Golf Course ($1,071), and Amber ($1,092), where the asking prices are below the average Cheney rent of $1,052/mo.
The most expensive neighborhoods in Cheney are Four Lakes ($1,092), Williams Lake ($1,092) and Greater Liberty Lake ($1,251).
The most popular neighborhood in Cheney is Airway Heights, where there are 2 verified RENTCafé listings with an average rent of $1,022. Next up is Amber, where apartments go for $1,092/month, followed by Badger Lake with $1,092 If you’re looking to rent in Cheney’s most popular neighborhoods, make sure to also check out Four Lakes, where renters pay $1,092 on average, and Greater Liberty Lake, where the average monthly rent is $1,251.
Cheney | Rent Comparison by Neighborhood
Rent in Airway Heights is 6% lower than in Amber
Airway Heights rent is 3% lower than Cheney average
Amber rent is 4% higher than Cheney average
How Cheney Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Cheney rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!