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Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,258/month

Average Rent

710 Sq Ft

Average Apartment Size

-2.4%

Decrease in the Last Year

As of April 2026, the average rent in Spokane Valley, WA is $1,258 per month. This is 23% lower than the national average rent of $1,641/month, making renting in Spokane Valley more affordable than most cities in the US. When you rent an apartment in Spokane Valley, you can expect to pay about $1,214 per month for a studio, $1,258 for a one-bedroom apartment, and around $1,454 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,846 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,214/month
593 Sq Ft
One Bedroom
$1,258/month
710 Sq Ft
Two Bedroom
$1,454/month
956 Sq Ft
Three Bedroom
$1,846/month
1,256 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,770/month
1,199 Sq Ft
Three Bedroom
$2,402/month
1,692 Sq Ft
Four Bedroom
$3,190/month
2,644 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,737/month
548 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,113/month
1,195 Sq Ft

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

In the past year, rent has decreased by 2.4%, which averages out to $30 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Spokane Valley, WA
Last Updated April 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
8% $700 - $1,000/month
51% $1,001 - $1,500/month
32% $1,501 - $2,000/month
8% 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
$1,191/month
667 Sq Ft
Opportunity
$1,288/month
724 Sq Ft
Mirabeau
$1,304/month
699 Sq Ft
Veradale
$1,448/month
785 Sq Ft
Greenacres
$1,918/month
744 Sq Ft
Spokane Business & Industrial Park
$2,082/month
725 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
$2,082/month
725 Sq Ft
Greenacres
$1,918/month
744 Sq Ft
Veradale
$1,448/month
785 Sq Ft
Mirabeau
$1,304/month
699 Sq Ft
Opportunity
$1,288/month
724 Sq Ft
Dishman Hills
$1,191/month
667 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
$1,918/month
744 Sq Ft
Veradale
$1,448/month
785 Sq Ft
Spokane Business & Industrial Park
$2,082/month
725 Sq Ft
Opportunity
$1,288/month
724 Sq Ft
Mirabeau
$1,304/month
699 Sq Ft
Dishman Hills
$1,191/month
667 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 $1,258, you’ll want to make about $4,193 per month or $50,316 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

1,327 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
$1,284/month
-
One Bedroom
$1,114/month
$1,134/month
Two Bedroom
$1,350/month
$1,365/month
Three Bedroom
$1,541/month
$1,576/month
Search
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Nearby City Rent Trends

  • Veradale Average Rent
  • 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

$1,450 - $2,000

1-3 Beds

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

$1,467 - $2,252 Total Monthly Price

1-3 Beds | 12 Month Lease

Eagle Rock

Eagle Rock

12423 E Mansfield Ave,
Spokane Valley, WA 99206

$1,295 - $1,820 Total Monthly Price

1-3 Beds

Property Management Companies in Spokane Valley, WA

Avenue5 Residential
Avenue5 Residential
  • 581

    Communities

  • 129,613

    Units

  • 224

    Cities

12 Communities in Spokane Valley
Black Realty Management, Inc.
Black Realty Management, Inc.
  • 40

    Communities

  • 2,985

    Units

  • 6

    Cities

12 Communities in Spokane Valley
McCathren Management
McCathren Management
  • 22

    Communities

  • 2,496

    Units

  • 9

    Cities

8 Communities in Spokane Valley
Prodigy Property Management
Prodigy Property Management
  • 40

    Communities

  • 5,164

    Units

  • 12

    Cities

6 Communities in Spokane Valley
Rudeen Development, LLC
Rudeen Development, LLC
  • 18

    Communities

  • 3,541

    Units

  • 6

    Cities

6 Communities in Spokane Valley
Greenstone
Greenstone
  • 10

    Communities

  • 1,447

    Units

  • 3

    Cities

6 Communities in Spokane Valley
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

5 Communities in Spokane Valley
Goodale & Barbieri Company
Goodale & Barbieri Company
  • 22

    Communities

  • 1,035

    Units

  • 3

    Cities

4 Communities in Spokane Valley

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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 February 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