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Rental Market Trends in Liberty Lake, WA

What is the average rent in Liberty Lake, WA?

$1,525/month

Average Rent

778 Sq Ft

Average Apartment Size

+4.7%

Increase in the Last Year

As of June 2025, the average rent in Liberty Lake, WA is $1,525 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Liberty Lake rent prices are 6% lower than the national average. When you rent an apartment in Liberty Lake, you can expect to pay about per month for a studio, $1,525 for a one-bedroom apartment, and around $1,674 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,125 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,525/month
778 Sq Ft
Two Bedroom
$1,674/month
1,020 Sq Ft
Three Bedroom
$2,125/month
1,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,614/month
1,363 Sq Ft
Four Bedroom
$4,407/month
2,899 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Liberty Lake, WA?

In the past year, rent has increased by 4.7%, which averages out to $72 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Liberty Lake, WA
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Liberty Lake, WA
Percentage*
Rent Range
0% Below $700/month
11% $700 - $1,000/month
0% $1,001 - $1,500/month
78% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Liberty Lake?

Based on current rent prices, Rocky Hill and MeadowWood" are the most affordable neighborhoods in Liberty Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rocky Hill
$1,559/month
739 Sq Ft
MeadowWood
$1,562/month
745 Sq Ft

What are the most expensive neighborhoods in Liberty Lake?

Based on current rent prices, MeadowWood and Rocky Hill" are the most expensive neighborhoods in Liberty Lake.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
MeadowWood
$1,562/month
745 Sq Ft
Rocky Hill
$1,559/month
739 Sq Ft

Which Liberty Lake neighborhoods have the most rentals available?

The neighborhoods in Liberty Lake with the most apartments available are MeadowWood and Rocky Hill" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
MeadowWood
$1,562/month
745 Sq Ft
Rocky Hill
$1,559/month
739 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Liberty Lake, WA?

Because the average rent in Liberty Lake is $1,525, you’ll want to make about $5,083 per month or $60,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Liberty Lake, WA

361 Available Apartments for Rent

Search for Nearby Apartments

How does Liberty Lake, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Liberty Lake, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Rocky Hill

Liberty Lake, WA

MeadowWood

Liberty Lake, WA

Studio
-
-
One Bedroom
-
$1,508/month
Two Bedroom
-
$1,611/month
Three Bedroom
-
$2,049/month
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Nearby City Rent Trends

  • Spokane Valley Average Rent
  • Veradale Average Rent
  • Post Falls Average Rent

Apartment communities in Liberty Lake we think you'll love

Riverside at Trutina 55+ Community

Riverside at Trutina 55+ Community

22495 E Clairmont Ln,
Liberty Lake, WA 99019

Studio - 3 Beds | $1,342 - $2,195

Signal Point

Signal Point

24085 E Mission Ave,
Liberty Lake, WA 99019

1-3 Beds | $1,500 - $2,480

Big Trout Lodge

Big Trout Lodge

22809 E Country Vista Dr,
Liberty Lake, WA 99019

1-3 Beds | $1,424 - $2,205

Bitterroot Lodge

Bitterroot Lodge

21580 E Bitterroot Ln,
Liberty Lake, WA 99019

1-3 Beds | $1,515 - $1,925

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United States Washington Liberty Lake Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity