Spokane Valley, WA Rental Market Trends
What is the average rent in Spokane Valley?
The average rent for an apartment in Spokane Valley is $1,102. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Spokane Valley, WA
| Average Rent | Average Apartment Size |
|---|---|
| $1,102 | 885 sq. ft. |
What is the average apartment size in Spokane Valley?
The average size for a Spokane Valley, WA apartment is 885 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.
Spokane Valley, WA Apartment Rent Ranges
Spokane Valley, WA Occupied Housing Units
15,744 or 38% of the households in Spokane Valley, WA are renter-occupied while 25,018 or 61% are owner-occupied.
Spokane Valley, WA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Oct / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Spokane Valley, WA | $891 | $892 | $947 | $962 | $987 | $1,002 | $1,009 | $1,035 | $1,064 | $1,102 |
| National | $1,316 | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,510 |
Average Rent in Spokane Valley, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Saltese | $1,509 |
| Central Valley | $1,195 |
| Greenacres | $1,151 |
| Edgecliff | $1,150 |
| Belle Terre | $1,117 |
| Early Dawn | $1,105 |
| Progress | $1,105 |
| Blake | $1,100 |
| Industrial Park | $1,100 |
| Terrace View | $1,100 |
| Trentwood | $1,088 |
| Chester - Pines | $1,076 |
| Mirabeau Park | $1,076 |
| Opportunity | $1,076 |
| Centennial | $1,075 |
| Felts | $1,075 |
| Northwood | $1,050 |
| Dishman | $1,049 |
| Millwood | $1,049 |
| Montgomery | $1,049 |
| Mission Park | $1,044 |
| Painted Hills | $1,044 |
| Ponderosa | $1,044 |
What are the most affordable neighborhoods in Spokane Valley?
The most affordable neighborhoods in Spokane Valley are Mission Park, where the average rent goes for $1,044/month, Painted Hills, where renters pay $1,044/mo on average, and Ponderosa, where the average rent goes for $1,044/mo. If you’re looking for other great deals, check out the listings from Dishman ($1,049), Millwood ($1,049), and Montgomery ($1,049), where the asking prices are below the average Spokane Valley rent of $1,102/mo.
What are the most expensive neighborhoods in Spokane Valley?
The most expensive neighborhoods in Spokane Valley are Greenacres ($1,151), Central Valley ($1,195) and Saltese ($1,509).
What are the most popular neighborhoods in Spokane Valley?
The most popular neighborhood in Spokane Valley is Central Valley, where there are 5 verified RENTCafé listings with an average rent of $1,195. Next up is Dishman, where apartments go for $1,049/month, followed by Mirabeau Park with $1,076 If you’re looking to rent in Spokane Valley’s most popular neighborhoods, make sure to also check out Mission Park, where renters pay $1,044 on average, and Blake, where the average monthly rent is $1,100.
Spokane Valley | Rent Comparison by Neighborhood
Rent in Belle Terre is 2% higher than in Blake
Belle Terre rent is 1% higher than Spokane Valley average
| Average Rent | $1,117 |
|---|
Blake rent is 1% lower than Spokane Valley average
| Average Rent | $1,100 |
|---|
How Spokane Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Seattle | $2,169 |
| Tacoma | $1,539 |
| Everett | $1,690 |
| Kent | $1,746 |
| Vancouver | $1,543 |
| Spokane | $1,276 |
| Spokane Valley | $1,102 |
| Kennewick | $1,103 |
| Richland | $1,165 |
| Pasco | $1,020 |
| Airway Heights | $1,104 |