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Rental Market Trends in Medical Lake, WA

What is the average rent in Medical Lake, WA?

$1,355/month

Average Rent

671 Sq Ft

Average Apartment Size

-2.4%

Decrease in the Last Year

As of March 2026, the average rent in Medical Lake, WA is $1,355 per month. This is 17% lower than the national average rent of $1,627/month, making renting in Medical Lake more affordable than most cities in the US. When you rent an apartment in Medical Lake, you can expect to pay about per month for a studio, $1,355 for a one-bedroom apartment, and around $1,136 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,600 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,355/month
671 Sq Ft
Two Bedroom
$1,136/month
882 Sq Ft
Three Bedroom
$1,600/month
1,180 Sq Ft
Floor Plan Type
Average Rent
Average 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 Medical Lake, WA?

In the past year, rent has decreased by 2.4%, which averages out to $32 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Medical Lake, WA
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Medical Lake, WA
Percentage*
Rent Range
17% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
17% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Medical Lake is $1,355, you’ll want to make about $4,516 per month or $54,192 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

Medical Lake, WA

10 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Medical 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.

Explore the Area Guide for Medical Lake, WA

Apartment Averages

Nearby City Rent Trends

  • Spokane Average Rent
  • Spokane Valley Average Rent

Apartment communities in Medical Lake we think you'll love

Lakeside Apartments

Lakeside Apartments

425 E Highway 902,
Medical Lake, WA 99022

$1,400 - $1,460

2 Beds

The Park at Medical Lake

The Park at Medical Lake

821 N Stanley St,
Medical Lake, WA 99022

$1,250 - $1,400

1-2 Beds

620 N Minnie St

620 N Minnie St

620 N Minnie St,
Medical Lake, WA 99022

$2,495 Total Monthly Price

4 Beds | 12 Month Lease

The Marjorie at Aspen Park II, LLC

The Marjorie at Aspen Park II, LLC

5708 S Spotted Rd,
Spokane, WA 99224

$1,480 - $2,125

Studio - 3 Beds

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United States Washington Medical 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity