Spokane Valley renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Spokane Valley is about $1,248 per month. This puts it in the 65th percentile compared to the state average cost of rent, which is $1,579. Households in Spokane Valley have a median income of $4,620 per month so the average renter in Spokane Valley is spending roughly 27% of their earnings on housing.
Nationally, and in Spokane Valley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Spokane Valley is $268,451 right now, which is lower than cities nearby, meaning that rents in Spokane Valley also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Spokane Valley while lower rent rates are often available in western areas.
Nearby Cities
- Millwood, WA: less expensive rent prices
- Veradale, WA: less expensive rent prices
- Greenacres, WA: less expensive rent prices
- Spokane, WA: less expensive rent prices
- Spokane, WA: less expensive rent prices
- Otis Orchards, WA: more expensive rent prices
- Liberty Lake, WA: less expensive rent prices
- Mica, WA: less expensive rent prices
- Valleyford, WA: less expensive rent prices
- Country Homes, WA: more expensive rent prices
Cities with Similar Populations
- Middletown, OH: less expensive rent prices
- Parker, CO: more expensive rent prices
- Pine Hills, FL: more expensive rent prices
- Milpitas, CA: more expensive rent prices
- Battle Creek, MI: less expensive rent prices
- Pasco, WA: more expensive rent prices
- Hagerstown, MD: less expensive rent prices
- Lithonia, GA: more expensive rent prices
- Springfield, OR: less expensive rent prices
- Valencia, CA: more expensive rent prices
All Local Stats
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