Spokane Valley, WA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Spokane Valley is $1,416, a 0.34% increase compared to the previous year, when the average rent was $1,411.
Studio Apartments at $1,086 offer the most budget-friendly option with 540 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $1,256, balancing privacy and affordability.
Two-beedroom units at $1,459 offer 951 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,259 sq ft) for $1,797, suitable for larger households.
Average rent in Spokane Valley, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,416 | 892 sq. ft. |
| Studio | $1,086 | 540 sq. ft. |
| 1 Bed | $1,256 | 711 sq. ft. |
| 2 Beds | $1,459 | 951 sq. ft. |
| 3 Beds | $1,797 | 1,259 sq. ft. |
Spokane Valley, WA rent trends
Rental prices in Spokane Valley, WA have increased by 0.34% over the past year. The average rent moved from $1,411 to $1,416.
What's the typical rent budget in Spokane Valley, WA?
The largest share of rentals in Spokane Valley, WA (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Spokane Valley, WA?
18,182 or 42% of the households in Spokane Valley, WA are renter-occupied while 24,599 or 58% are owner-occupied.
Most affordable neighborhoods in Spokane Valley?
Chester - Pines $1,025/month
Montgomery $1,040/month
Opportunity $1,198/month
All of these neighborhoods fall below the city wide average of $1,416/month.Most expensive neighborhoods in Spokane Valley?
Northwood $1,466/month
Early Dawn $1,519/month
Greenacres $1,632/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Spokane Valley, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Greenacres | $1,632 |
| Early Dawn | $1,519 |
| Northwood | $1,466 |
| Central Valley | $1,454 |
| Saltese | $1,445 |
| Mission Park | $1,393 |
| Edgecliff | $1,380 |
| Mirabeau Park | $1,369 |
| Blake | $1,308 |
| Centennial | $1,248 |
| Dishman | $1,221 |
| Opportunity | $1,198 |
| Montgomery | $1,040 |
| Chester - Pines | $1,025 |
Spokane Valley | Rent Comparison by Neighborhood
Rent in Blake is 5% higher than in Centennial
Blake rent is 8% lower than Spokane Valley average
Centennial rent is 12% lower than Spokane Valley average
How Spokane Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Spokane Valley | $1,416 |
| Seattle | $2,252 |
| Tacoma | $1,749 |
| Spokane | $1,389 |
| Everett | $1,886 |
| Vancouver | $1,781 |
| Bellevue | $2,751 |
| Renton | $2,156 |
| Bothell | $2,284 |
| Kent | $1,954 |
| Kirkland | $2,531 |
| Post Falls, ID | $1,541 |
| Pullman | $1,418 |
| Rathdrum, ID | $1,698 |
| Airway Heights, WA | $1,481 |
| Cheney, WA | $1,431 |
| Liberty Lake, WA | $1,678 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Spokane Valley apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.