Spokane, WA Rental Market Trends
Highlights
The average rent for an apartment in Spokane is $1,026, a 5% increase compared to the previous year.
Average Rent in Spokane, WA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,026 | 5% | 892 sq. ft. |
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-$7003%
- $701-$1,00056%
- $1,001-$1,50034%
- $1,501-$2,0005%
- > $2,0002%
Spokane, WA Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
38,021 or 42% of the households in Spokane, WA are renter-occupied while 51,605 or 57% are owner-occupied.
Spokane, WA Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spokane, WA | $851 | $865 | $892 | $902 | $912 | $941 | $959 | $978 | $1,008 | $1,020 | $1,026 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Spokane, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| North Hill | $742 |
| Rockwood | $781 |
| Manito - Cannon Hill | $781 |
| Cliff - Cannon | $876 |
| Bemiss | $894 |
| Nevada - Lidgerwood | $954 |
| Whitman | $974 |
| North Indian Trail | $978 |
| Five Mile Prairie | $978 |
| Balboa - South Indian Trail | $978 |
| Northwest Spokane | $989 |
| Minnehaha | $1,006 |
| Hillyard | $1,006 |
| West Meadows | $1,022 |
| West Hills | $1,022 |
| Grandview - Thorpe | $1,022 |
| Chief Garry Park | $1,037 |
| Iller Creek | $1,038 |
| Lincoln Heights | $1,046 |
| Comstock | $1,046 |
| Latah Valley | $1,071 |
| Southgate | $1,120 |
| Moran Prairie | $1,120 |
| Logan | $1,123 |
| Washington State University | $1,262 |
| East Central Spokane | $1,262 |
| Emerson - Garfield | $1,269 |
| West Central Spokane | $1,308 |
| Riverside | $1,308 |
| Peaceful Valley | $1,308 |
| Brownes Addition | $1,308 |
The most affordable neighborhoods in Spokane are North Hill, where the average rent goes for $742/month, Manito - Cannon Hill, where renters pay $781/mo on average, and Rockwood, where the average rent goes for $781/mo. If you’re looking for other great deals, check out the listings from Cliff - Cannon ($876), Bemiss ($894), and Nevada - Lidgerwood ($954), where the asking prices are below the average Spokane rent of $1,026/mo.
The most expensive neighborhoods in Spokane are Peaceful Valley ($1,308), Riverside ($1,308) and West Central Spokane ($1,308).
The most popular neighborhood in Spokane is Cliff - Cannon, where there are 20 verified RENTCafé listings with an average rent of $876. Next up is Nevada - Lidgerwood, where apartments go for $954/month, followed by Logan with $1,123 If you’re looking to rent in Spokane’s most popular neighborhoods, make sure to also check out Riverside, where renters pay $1,308 on average, and Lincoln Heights, where the average monthly rent is $1,046.
Spokane | Rent Comparison by Neighborhood
Rent in Balboa - South Indian Trail is 9% higher than in Bemiss
Balboa - South Indian Trail rent is 5% lower than Spokane average
| Average Rent | $978 |
|---|
Bemiss rent is 13% lower than Spokane average
| Average Rent | $894 |
|---|
How Spokane Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Seattle | $2,169 | 6% |
| Spokane | $1,026 | 5% |
| Tacoma | $1,362 | 6% |
| Kent | $1,546 | 7% |
| Everett | $1,477 | 6% |
| Vancouver | $1,337 | 4% |
| Spokane Valley | $1,009 | 5% |
| Post Falls | $1,059 | 8% |
| Fairwood | $957 | 5% |
| Cheney | $1,052 | 5% |
| Coeur d'Alene | $1,068 | 7% |
For more information about the Spokane rental trends, check out our monthly rent report
Check out Washington Cities, Washington Neighborhoods and Washington Zip Codes for more details on verified listings, including the Washington Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!