Rental market snapshot for Spokane Valley, Washington

Spokane Valley, Washington Rental Property Market Overview

Spokane Valley, Washington is a city located in Spokane County with a population of 105,905 as of 2021, according to the US Census. It is situated in the Spokane River Valley, east of the city of Spokane, and is part of the Spokane Metropolitan Statistical Area. Spokane Valley is home to a variety of businesses, parks, and recreational activities, making it a great place to live and work. The city is also known for its vibrant arts and culture scene, with a variety of galleries, museums, and performing arts venues.

The average rent for an apartment in Spokane Valley is $1,542. 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 March 25, 2024

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Average monthly rent graph in Spokane Valley Washington | Cost of Living

  • The most expensive ZIP code in Spokane Valley is 99037 with an average price of $1,772.
  • The cheapest ZIP code in Spokane Valley is 99037 with an average price of $1,772.

Spokane Valley ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
199037$1,772

Live near Spokane Valley, Washington's Top Sights and Attractions

The Spokane River Centennial Trail is a 37-mile long paved trail that runs along the Spokane River in Spokane Valley, Washington. It is a popular destination for outdoor recreation, offering stunning views of the river, wildlife, and the surrounding area. The trail is open to hikers, bikers, and runners, and is also accessible to wheelchairs. It is a great place to take a leisurely stroll, go for a run, or take a bike ride. The trail is also a great spot for bird watching, as it is home to a variety of species.

Plantes Ferry Park is a sprawling outdoor recreation area located in Spokane Valley, Washington. It features a variety of activities, including a large playground, picnic areas, a boat launch, fishing docks, and a walking trail that winds along the Spokane River. The park also offers a variety of sports fields, including baseball, softball, and soccer. In addition, the park is home to a variety of wildlife, including deer, elk, and bald eagles.

Mirabeau Park is a sprawling outdoor recreation area located in Spokane Valley, Washington. It features a large lake, a variety of trails, and plenty of open space for activities such as picnicking, fishing, and bird watching. The park also has a playground, a disc golf course, and a skate park. There are plenty of benches and picnic tables scattered throughout the park, as well as a few shelters for visitors to use. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Browns Park is a large outdoor recreation area located in Spokane Valley, Washington. It features a variety of activities for all ages, including a playground, picnic areas, walking trails, and a large pond. The park also has a disc golf course, basketball courts, and a skate park. The park is well-maintained and offers plenty of shade and seating areas. It is a great place to spend a day outdoors with family and friends.

Valley Mission Park is a large park located in the Spokane Valley area. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, and a large pond. The park also has a large open field, perfect for sports and other activities. The park is surrounded by trees and offers stunning views of the surrounding area. It is a great place to spend a day with family and friends, or just to relax and take in the beauty of nature.

Terrace View Park and Pool is a beautiful outdoor attraction located in Spokane Valley, Washington. It features a large pool with a diving board, a playground, and plenty of open green space for picnicking and playing. The park also has a basketball court, a walking path, and a large pavilion for hosting events. The park is surrounded by tall trees, providing plenty of shade and a peaceful atmosphere.

Park Place Retirement Community is a luxurious retirement home located in the heart of Spokane Valley. It offers a variety of amenities and services to its residents, including a fitness center, a swimming pool, a library, and a movie theater. The community also features a variety of activities and events, such as art classes, music performances, and social gatherings. The grounds are beautifully landscaped and feature walking paths and gardens. Residents can also enjoy the convenience of on-site dining, housekeeping, and transportation services.

Us Army Recruiter is a military recruitment office located in a bustling shopping center in Spokane Valley. The office provides a variety of services to potential recruits, including information about enlistment, career opportunities, and benefits. The office also offers a variety of activities for those interested in joining the military, such as physical fitness tests, educational seminars, and career counseling. Visitors can also find a variety of military memorabilia and souvenirs in the office.

Edgecliff Park is a beautiful outdoor attraction located in Spokane Valley, Washington. It features a large grassy area perfect for picnics, a playground, and a walking path that winds through the park. The park also has a pond with a fountain, a gazebo, and a covered picnic area. The park is surrounded by tall trees and lush vegetation, making it a great place to relax and enjoy nature.

Greenacres Park is a sprawling outdoor recreation area located in Spokane Valley, Washington. It features a variety of activities and amenities, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. The park also has a skate park, a disc golf course, and a BMX track. Visitors can also take advantage of the park's boat launch, fishing pier, and boat rentals. With its lush greenery, stunning views, and abundance of activities, Greenacres Park is a great place to spend the day with family and friends.

Spokane Valley, Washington area median rent change by ZIP code map

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How does Spokane Valley compare to other cities in Washington?

citymedian price
Issaquah$2,545
Belfair$1,995
Kenmore$1,995
Edgewood$1,899
Bellingham$1,875
Pacific$1,853
Leavenworth$1,800
Sequim$1,500
Shelton$1,200

Average household income in Spokane Valley area graph - US Census

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The median household income in Spokane Valley in 2021 was $60,079. This represents a 23.4% change from 2011 when the median was $48,690.

#categorypercent
0Less than $10,0004.9%
1$10,000 to $14,9994.2%
2$15,000 to $19,9994.3%
3$20,000 to $24,9996.2%
4$25,000 to $29,9995.3%
5$30,000 to $34,9995.2%
6$35,000 to $39,9995.2%
7$40,000 to $44,9994.9%
8$45,000 to $49,9994.9%
9$50,000 to $59,9998.2%
10$60,000 to $74,99911.9%
11$75,000 to $99,99914.1%
12$100,000 to $124,9997.9%
13$125,000 to $149,9995.6%
14$150,000 to $199,9994.1%
15$200,000 or more3.2%

Neighborhoods in Spokane Valley

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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 February , the average rent in Spokane Valley is $1,542.
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