Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Fairwood, Spokane County, WA Rental Market Trends
What is the average rent in Fairwood?
The average rent for an apartment in Fairwood is $1,017, a 6% increase compared to the previous year, when the average rent was $957.
Average Rent in Fairwood, Spokane County, WA
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,017 | 6% | 894 sq. ft. |
What is the average apartment size in Fairwood?
The average size for a Fairwood, Spokane County, WA apartment is 894 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.
Fairwood, Spokane County, WA Apartment Rent Ranges
Fairwood, Spokane County, WA Occupied Housing Units
2,960 or 27% of the households in Fairwood, Spokane County, WA are renter-occupied while 7,744 or 72% are owner-occupied.
Fairwood, Spokane County, WA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fairwood, Spokane County, WA | $854 | $854 | $888 | $908 | $922 | $950 | $957 | $961 | $992 | $1,017 |
| National | $1,316 | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,510 |
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How Fairwood Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Seattle | $2,169 | 6% |
| Tacoma | $1,539 | 11% |
| Everett | $1,690 | 14% |
| Kent | $1,746 | 12% |
| Bellevue | $2,481 | 11% |
| Spokane | $1,276 | 21% |
| Spokane Valley | $1,102 | 9% |
| Richland | $1,165 | 8% |
| Kennewick | $1,103 | 9% |
| Pasco | $1,020 | 6% |
| Fairwood | $1,017 | 6% |
Most Popular Apartments in Fairwood
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fairwood apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.