Rental market snapshot for Spanaway, Washington

Spanaway, Washington Rental Property Market Overview

Spanaway, Washington is a city located in Pierce County, with a population of approximately 29,000 as of 2021, according to the US Census. Spanaway is a vibrant community with a variety of amenities, including parks, trails, and a golf course. The city is also home to a number of businesses, including restaurants, retail stores, and medical centers. Spanaway is a great place to live, work, and play, and its population continues to grow. (US Census, 2021)

The average rent for an apartment in Spanaway is $2,504. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Spanaway Washington | Cost of Living

  • The most expensive ZIP code in Spanaway is 98387 with an average price of $2,509.
  • The cheapest ZIP code in Spanaway is 98387 with an average price of $2,509.

Spanaway ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198387$2,509

Live near Spanaway, Washington's Top Sights and Attractions

Spanaway Park Trail is a scenic nature trail located in a lush forested area. The trail is approximately 4 miles long and is suitable for all skill levels. It features a variety of terrain, including rolling hills, flat sections, and some steep climbs. Along the way, visitors can enjoy views of the surrounding forest and wildlife, as well as a few small ponds. The trail is also popular for bird watching, as many species of birds can be seen along the way.

Fir Lane Memorial Park And Funeral is a peaceful and tranquil place located in Spanaway, Washington. It is a beautiful park with lush green grass, tall trees, and a tranquil lake. The park also features a memorial chapel, a columbarium, and a mausoleum. The chapel is a place of solace and reflection, while the columbarium and mausoleum provide a place for families to honor and remember their loved ones. The park also offers a variety of services, including funeral planning, cremation services, and memorial services.

Spanaway Park is a large outdoor recreation area located in Spanaway, Washington. It features a variety of activities, including a large lake with a beach, a disc golf course, a playground, picnic areas, and a variety of trails for walking, biking, and horseback riding. The park also has a campground, a boat launch, and a variety of sports fields. The park is a popular destination for families, with plenty of activities to keep everyone entertained.

The Spanaway Historical Society is a museum dedicated to preserving the history of the Spanaway area. It features a variety of exhibits and artifacts that tell the story of the area's past, from its Native American roots to its more recent development. Visitors can explore the museum's collection of photographs, documents, and artifacts, as well as take part in educational programs and events. The museum also offers a variety of educational resources, such as lectures, workshops, and tours.

Spanaway, Washington area median rent change by ZIP code map

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How does Spanaway compare to other cities in Washington?

citymedian price
DuPont$2,995
Edmonds$2,949
Duvall$2,725
Mountlake Terrace$2,570
Spanaway$2,532
Seattle$2,145
Steilacoom$2,145
West Richland$1,800
Spokane$1,450

Average household income in Spanaway area graph - US Census

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The median household income in Spanaway in 2021 was $81,018. This represents a 27.9% change from 2011 when the median was $63,330.

#categorypercent
0Less than $10,0004.5%
1$10,000 to $14,9992.2%
2$15,000 to $19,9993.7%
3$20,000 to $24,9992.0%
4$25,000 to $29,9992.4%
5$30,000 to $34,9994.6%
6$35,000 to $39,9993.4%
7$40,000 to $44,9993.3%
8$45,000 to $49,9994.7%
9$50,000 to $59,9996.9%
10$60,000 to $74,99911.5%
11$75,000 to $99,99920.4%
12$100,000 to $124,99911.7%
13$125,000 to $149,9998.8%
14$150,000 to $199,9996.5%
15$200,000 or more3.4%

Neighborhoods in Spanaway

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Spanaway is $2,504.
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