Spokane, WA Rental Market Trends

Highlights

The average rent for an apartment in Spokane is $970, a 8% increase compared to the previous year, when the average rent was $902.

Average Rent in Spokane, WA

Last updated Apr 2019
Average Rent Y-o-Y Change Average Apartment Size
$970 8% 836 sq. ft.

The average size for a Spokane, WA apartment is 836 square feet, but this number varies greatly depending on apartment type. 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-$70016%
  • $701-$1,00051%
  • $1,001-$1,50028%
  • $1,501-$2,0004%
  • > $2,0002%

Spokane, WA Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Apr / 2019
Spokane, WA $821 $835 $859 $872 $894 $902 $916 $920 $970
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Spokane, WA By Neighborhood

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The most affordable neighborhoods in Spokane are North Hill, where the average rent goes for $723/month, Manito - Cannon Hill, where renters pay $769/mo on average, and Rockwood, where the average rent goes for $769/mo. If you’re looking for other great deals, check out the listings from Bemiss ($841), Cliff - Cannon ($867), and Nevada - Lidgerwood ($886), where the asking prices are below the average Spokane rent of $970/mo.

The most expensive neighborhoods in Spokane are West Central Spokane ($1,167), East Central Spokane ($1,192) and Washington State University ($1,192).

Spokane | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Balboa - South Indian Trail is 8% higher than in Bemiss

$907

Balboa - South Indian Trail rent is 7% lower than Spokane average

Average Rent $907
$841

Bemiss rent is 13% lower than Spokane average

Average Rent $841

How Does Spokane Compare to Nearby Cities

Average Rent Y-o-Y Change
Spokane $970 8%
Spokane Valley $947 7%
Town and Country $907 5%
Country Homes $888 5%
Fairwood $888 5%
Liberty Lake $1,205 7%
Cheney $985 3%
Airway Heights $961 3%

For more information about the Spokane rental trends, check out our monthly rent report

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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 Spokane 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.

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