What is the median rent in Spokane Valley, WA?
The median gross rent in Spokane Valley, WA is $1,353 (±$44) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 17,349 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Spokane Valley, the median gross rent went from $946 in 2015–2019 to $1,353 in 2020–2024 (+43.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,353 (±$44)
- Rented homes
- 17,349 (±861)
- $2,000 or more
- 14.5%
- Since 2015–2019
- +43.0%
How much rent costs in Spokane Valley
| Monthly gross rent | Spokane Valley | Spokane County | Washington | United States |
|---|---|---|---|---|
| Less than $500 | 5.5% (±1.8 points) | 6.2% | 4.6% | 6.3% |
| $500 to $999 | 13.1% (±1.9 points) | 19.9% | 10.4% | 20.2% |
| $1,000 to $1,499 | 41.2% (±3.7 points) | 38.3% | 21.4% | 28.1% |
| $1,500 to $1,999 | 25.7% (±3.2 points) | 22.3% | 26.2% | 21.1% |
| $2,000 to $2,499 | 7.6% (±1.5 points) | 8.1% | 18.7% | 12.0% |
| $2,500 to $2,999 | 3.2% (±1.9 points) | 2.7% | 9.1% | 5.5% |
| $3,000 or more | 3.7% (±1.4 points) | 2.4% | 9.5% | 6.8% |
The most common range is $1,000 to $1,499, paid by 41.2% of renting households.
14.5% of rented homes in Spokane Valley cost $2,000 or more a month.
Spokane Valley against Spokane County, its state and the nation
| Spokane Valley | Spokane County | Washington | United States | |
|---|---|---|---|---|
| Median gross rent | $1,353 (±$44) | $1,283 (±$20) | $1,760 (±$7) | $1,413 |
| Rented homes paying rent | 17,349 (±861) | 75,284 (±1,693) | 1,070,508 (±7,137) | 42,849,984 |
In Spokane Valley, median gross rent is higher than in Spokane County ($1,283).
It is also lower than in Washington ($1,760).
It is lower than the national figure ($1,413).
In Spokane County, Spokane Valley ranks 6 of 17 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 247 of 417.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Spokane Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $946 (±$15) | $1,353 (±$44) | +43.0% | Up after inflation |
| Households that rent | 42.7% (±1.5 points) | 41.8% (±1.6 points) | −0.9 percentage points | Not a measurable change |
| Rental vacancy rate | 2.7% (±1.1 points) | 3.3% (±1.4 points) | +0.6 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Spokane Valley
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Spokane Valley | — | $1,353 (±$44) | — |
| Millwood | 2.7 mi | $1,134 (±$162) | Lower |
| Liberty Lake | 6.0 mi | $1,895 (±$160) | Higher |
| Otis Orchards-East Farms | 7.4 mi | $1,189 (±$160) | Not measurably different |
| Spokane | 9.3 mi | $1,215 (±$20) | Lower |
| Mead | 9.7 mi | $1,445 (±$404) | Not measurably different |
| Town and Country | 9.9 mi | $1,600 (±$299) | Not measurably different |
| Country Homes | 10 mi | $1,286 (±$219) | Not measurably different |
| Fairwood (Spokane County) | 11 mi | $1,208 (±$72) | Lower |
Nearby places with a measurably lower figure: Millwood, WA ($1,134), Spokane, WA ($1,215), Fairwood (Spokane County), WA ($1,208).
Nearby places with a measurably higher figure: Liberty Lake, WA ($1,895).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Spokane County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Liberty Lake | $1,895 (±$160) |
| 2 | Fairchild AFB | $1,808 (±$94) |
| 3 | Town and Country | $1,600 (±$299) |
| 4 | Mead | $1,445 (±$404) |
| 5 | Airway Heights | $1,389 (±$64) |
| 6 | Spokane Valley | $1,353 (±$44) |
| 7 | Country Homes | $1,286 (±$219) |
| 8 | Spokane | $1,215 (±$20) |
| 9 | Fairwood (Spokane County) | $1,208 (±$72) |
| 10 | Otis Orchards-East Farms | $1,189 (±$160) |
| 11 | Fairfield | $1,172 (±$213) |
| 12 | Cheney | $1,156 (±$65) |
Showing 12 of 17 places in Spokane County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spokane Valley
What is the average rent in Spokane Valley, WA?
The Census Bureau publishes the median rather than the average: the median gross rent in Spokane Valley is $1,353 (±$44) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Spokane Valley?
In Spokane Valley, the median gross rent went from $946 in 2015–2019 to $1,353 in 2020–2024 (+43.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Spokane Valley cost more than $2,000 a month?
14.5% of rented homes in Spokane Valley have a gross rent of $2,000 or more a month, and 5.5% cost less than $500.
Is rent in Spokane Valley higher than in Spokane County?
In Spokane Valley, median gross rent is higher than in Spokane County ($1,283).
It is also lower than in Washington ($1,760).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spokane Valley city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spokane Valley city, Washington
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spokane Valley city, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Spokane Valley city, Washington (place:67167, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Spokane Valley at a glance
- Rent by bedrooms in Spokane Valley
- Rent burden in Spokane Valley
- Renters and owners in Spokane Valley
- Income and affordability in Spokane Valley
- Home values in Spokane Valley
- Homeowner costs in Spokane Valley
- Property taxes in Spokane Valley
- Types of homes in Spokane Valley
- Bedrooms in Spokane Valley
- Age of homes in Spokane Valley
- Vacancy rate in Spokane Valley
- Heating fuel in Spokane Valley
- Commute and cars in Spokane Valley
- Crime reported to police in Spokane Valley
- Population growth in Spokane Valley
- How long people stay in Spokane Valley
- Crowding and facilities in Spokane Valley
- Washington landlord and tenant rules
- Housing across Spokane County
- Washington places ranked by median rent
- Housing data for every place in Washington