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Rental Market Trends in Spokane Valley, WA

Updated July 2026

The average rent in Spokane Valley, WA is $1,279/month.

Rent in Spokane Valley is 23% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,279/month

Average Rent

712 Sq Ft

Average Size

+1.8%

Change / Year

1,172

Available Apartments

Spokane Valley rent varies by unit size and layout:

  • Studio apartments in Spokane Valley average $1,236 per month.
  • One-bedroom apartments in Spokane Valley average $1,279 per month.
  • Two-bedroom apartments in Spokane Valley average $1,461 per month.
  • Three-bedroom apartments in Spokane Valley average $1,844 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,236/month
609 Sq Ft
One Bedroom
$1,279/month
712 Sq Ft
Two Bedroom
$1,461/month
957 Sq Ft
Three Bedroom
$1,844/month
1,303 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$980/month
426 Sq Ft
Two Bedroom
$1,483/month
972 Sq Ft
Three Bedroom
$2,454/month
1,820 Sq Ft
Four Bedroom
$2,843/month
2,227 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,085/month
1,099 Sq Ft
View Spokane Valley Apartments

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

In the past year, rent has increased by 1.8%, which averages out to $24 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Spokane Valley, WA

July 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
52% $1,001 - $1,500/month
32% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

  • 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
$1,182/month
638 Sq Ft
Opportunity
$1,286/month
704 Sq Ft
Mirabeau
$1,351/month
693 Sq Ft
Veradale
$1,429/month
778 Sq Ft
Greenacres
$1,734/month
772 Sq Ft
Spokane Business & Industrial Park
$1,827/month
762 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
$1,827/month
762 Sq Ft
Greenacres
$1,734/month
772 Sq Ft
Veradale
$1,429/month
778 Sq Ft
Mirabeau
$1,351/month
693 Sq Ft
Opportunity
$1,286/month
704 Sq Ft
Dishman Hills
$1,182/month
638 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 Opportunity .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$1,734/month
772 Sq Ft
Veradale
$1,429/month
778 Sq Ft
Opportunity
$1,286/month
704 Sq Ft
Spokane Business & Industrial Park
$1,827/month
762 Sq Ft
Mirabeau
$1,351/month
693 Sq Ft
Dishman Hills
$1,182/month
638 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 $1,279, you’ll want to make about $4,263 per month or $51,156 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

1,172 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.

View the Spokane Valley Area Guide

Apartment Averages

Dishman Hills

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
$1,384/month
-
One Bedroom
$1,101/month
$1,171/month
Two Bedroom
$1,354/month
$1,352/month
Three Bedroom
$1,537/month
$1,564/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Spokane

    Spokane

Apartment Communities in Spokane Valley We Think You'll Love

Mirabeau Place

Mirabeau Place

2605 N Robie Rd,
Spokane Valley, WA 99206

2-3 Beds | $1,160 - $1,525

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

1-3 Beds | $1,495 - $1,895

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

1-3 Beds | $1,417 - $1,891

Big Trout Lodge

Big Trout Lodge

22809 E Country Vista Dr,
Liberty Lake, WA 99019

1-3 Beds | $1,580 - $2,331

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Frequently Asked Questions

What is the average rent in Spokane Valley?

The average rent in Spokane Valley is $1,279 per month, which is 23.1% lower than the national average of $1,663.

What is the average rent for a house in Spokane Valley?

The average rent for a house in Spokane Valley, WA is $2,454 per month.

Are rents going up or down in Spokane Valley?

Rents in Spokane Valley, WA are increasing, with prices up 1.8% year-over-year and $24 more per month.

What rent range is most common in Spokane Valley?

In Spokane Valley, WA, 52% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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