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Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,266/month

Average Rent

713 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

Spokane Valley, WA Rental Market Overview

The average rent in Spokane Valley, WA is $1,266 per month. This is 23% lower than the national average rent of $1,644/month, making renting in Spokane Valley more affordable than most cities in the US.

  • Studio apartments in Spokane Valley average $1,239 per month.
  • One-bedroom apartments in Spokane Valley average $1,266 per month.
  • Two-bedroom apartments in Spokane Valley average $1,460 per month.
  • Three-bedroom apartments in Spokane Valley average $1,861 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,239/month
609 Sq Ft
One Bedroom
$1,266/month
713 Sq Ft
Two Bedroom
$1,460/month
956 Sq Ft
Three Bedroom
$1,861/month
1,255 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,647/month
1,100 Sq Ft
Three Bedroom
$2,391/month
1,650 Sq Ft
Four Bedroom
$3,511/month
2,850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,898/month
1,198 Sq Ft

How much has average rent changed in Spokane Valley, WA?

In the past year, rent has decreased by 0.5%, which averages out to $6 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Spokane Valley, WA
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Spokane Valley, WA
Percentage*
Rent Range
1% Below $700/month
7% $700 - $1,000/month
51% $1,001 - $1,500/month
33% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Spokane Valley?

Based on current rent prices, Dishman Hills, Opportunity and Mirabeau are the most affordable neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Dishman Hills
$1,110/month
701 Sq Ft
Opportunity
$1,284/month
727 Sq Ft
Mirabeau
$1,323/month
706 Sq Ft
Veradale
$1,446/month
776 Sq Ft
Greenacres
$1,922/month
735 Sq Ft
Spokane Business & Industrial Park
$2,036/month
722 Sq Ft

What are the most expensive neighborhoods in Spokane Valley?

Based on current rent prices, Spokane Business & Industrial Park, Greenacres and Veradale are the most expensive neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Spokane Business & Industrial Park
$2,036/month
722 Sq Ft
Greenacres
$1,922/month
735 Sq Ft
Veradale
$1,446/month
776 Sq Ft
Mirabeau
$1,323/month
706 Sq Ft
Opportunity
$1,284/month
727 Sq Ft
Dishman Hills
$1,110/month
701 Sq Ft

Which Spokane Valley neighborhoods have the most rentals available?

The neighborhoods in Spokane Valley with the most apartments available are Greenacres, Veradale and Spokane Business & Industrial Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$1,922/month
735 Sq Ft
Veradale
$1,446/month
776 Sq Ft
Spokane Business & Industrial Park
$2,036/month
722 Sq Ft
Opportunity
$1,284/month
727 Sq Ft
Mirabeau
$1,323/month
706 Sq Ft
Dishman Hills
$1,110/month
701 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Spokane Valley, WA?

Because the average rent in Spokane Valley is $1,266, you’ll want to make about $4,220 per month or $50,640 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

Spokane Valley, WA

1,275 Available Apartments for Rent

Search for Nearby Apartments

How does Spokane Valley, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Spokane Valley, 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 Spokane Valley, WA

Apartment Averages

Dishman Hills

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
$1,350/month
-
One Bedroom
$1,101/month
$1,175/month
Two Bedroom
$1,351/month
$1,367/month
Three Bedroom
$1,537/month
$1,578/month
Search
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Nearby City Rent Trends

  • Spokane Average Rent

Apartment communities in Spokane Valley we think you'll love

Mirabeau Place

Mirabeau Place

2605 N Robie Rd,
Spokane Valley, WA 99206

$1,052 - $1,205

2-3 Beds

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

$1,495 - $2,000

1-3 Beds

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

$1,504 - $1,998 Total Monthly Price

1-3 Beds | 12 Month Lease

Big Trout Lodge

Big Trout Lodge

22809 E Country Vista Dr,
Liberty Lake, WA 99019

$1,369 - $2,167 Total Monthly Price

1-3 Beds

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United States Washington Spokane Valley 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity