Spokane, WA Rental Market Trends
What is the average rent in Spokane?
The average rent for an apartment in Spokane is $1,123, a 8% increase compared to the previous year.
Average Rent in Spokane, WA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,123 | 8% | 892 sq. ft. |
What is the average apartment size in Spokane?
The average size for a Spokane, WA apartment is 892 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, WA Apartment Rent Ranges
- $501-$7001%
- $701-$1,00044%
- $1,001-$1,50044%
- $1,501-$2,0009%
- > $2,0002%
Spokane, WA Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
39,664 or 43% of the households in Spokane, WA are renter-occupied while 51,664 or 56% are owner-occupied.
Spokane, WA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spokane, WA | $912 | $941 | $959 | $978 | $1,008 | $1,020 | $1,034 | $1,047 | $1,071 | $1,095 | $1,123 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Spokane, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brownes Addition | $1,335 |
| Peaceful Valley | $1,335 |
| Riverside | $1,335 |
| West Central Spokane | $1,335 |
| East Central Spokane | $1,325 |
| Washington State University | $1,325 |
| Emerson - Garfield | $1,298 |
| Logan | $1,180 |
| Moran Prairie | $1,166 |
| Southgate | $1,166 |
| Latah Valley | $1,134 |
| Grandview - Thorpe | $1,104 |
| West Hills | $1,104 |
| West Meadows | $1,104 |
| Iller Creek | $1,104 |
| Comstock | $1,098 |
| Lincoln Heights | $1,098 |
| Chief Garry Park | $1,096 |
| Northwest Spokane | $1,059 |
| Hillyard | $1,050 |
| Minnehaha | $1,050 |
| Balboa - South Indian Trail | $1,041 |
| Five Mile Prairie | $1,041 |
| North Indian Trail | $1,041 |
| Whitman | $1,036 |
| Nevada - Lidgerwood | $1,013 |
| Bemiss | $940 |
| Cliff - Cannon | $929 |
| Manito - Cannon Hill | $844 |
| Rockwood | $844 |
| North Hill | $790 |
What are the most affordable neighborhoods in Spokane?
The most affordable neighborhoods in Spokane are North Hill, where the average rent goes for $790/month, Manito - Cannon Hill, where renters pay $844/mo on average, and Rockwood, where the average rent goes for $844/mo. If you’re looking for other great deals, check out the listings from Cliff - Cannon ($929), Bemiss ($940), and Nevada - Lidgerwood ($1,013), where the asking prices are below the average Spokane rent of $1,123/mo.
What are the most expensive neighborhoods in Spokane?
The most expensive neighborhoods in Spokane are Peaceful Valley ($1,335), Riverside ($1,335) and West Central Spokane ($1,335).
What are the most popular neighborhoods in Spokane?
The most popular neighborhood in Spokane is Nevada - Lidgerwood, where there are 9 verified RENTCafé listings with an average rent of $1,013. Next up is Cliff - Cannon, where apartments go for $929/month, followed by Logan with $1,180 If you’re looking to rent in Spokane’s most popular neighborhoods, make sure to also check out Riverside, where renters pay $1,335 on average, and West Hills, where the average monthly rent is $1,104.
Spokane | Rent Comparison by Neighborhood
Rent in Balboa - South Indian Trail is 11% higher than in Bemiss
Balboa - South Indian Trail rent is 7% lower than Spokane average
| Average Rent | $1,041 |
|---|
Bemiss rent is 16% lower than Spokane average
| Average Rent | $940 |
|---|
How Spokane Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Seattle | $1,895 | -11% |
| Everett | $1,506 | 3% |
| Tacoma | $1,458 | 7% |
| Kent | $1,580 | 3% |
| Bellevue | $2,151 | -6% |
| Spokane | $1,123 | 8% |
| Richland | $1,165 | 8% |
| Kennewick | $1,103 | 9% |
| Spokane Valley | $1,102 | 9% |
| Pasco | $1,020 | 6% |
| Post Falls | $1,195 | 13% |