Riverfalls Tower Apartments
1224 W Riverside Ave,
Spokane, WA 99201
Studio - 3 Beds | $1,600 - $4,100
Rental Market Trends in Spokane, WA
What is the average rent in Spokane, WA?
$1,137/month
Average Rent
640 Sq Ft
Average Apartment Size
+0.2%
Increase in the Last Year
As of June 2025, the average rent in Spokane, WA is $1,137 per month. This is 30% lower than the national average rent of $1,628/month, making renting in Spokane more affordable than most cities in the US. When you rent an apartment in Spokane, you can expect to pay about $1,054 per month for a studio, $1,137 for a one-bedroom apartment, and around $1,400 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,826 or more.
Floor Plan Type
Average Rent
Average 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 Spokane, WA?
In the past year, rent has increased by 0.2%, which averages out to $3 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
Rent Ranges in Spokane, WA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
10%
Below $700/month
25%
$700 - $1,000/month
46%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Spokane?
Based on current rent prices, East Central, Browne's Addition and Bemiss are the most affordable neighborhoods in Spokane.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Spokane?
Based on current rent prices, West Central, U-District and Sinto are the most expensive neighborhoods in Spokane.
Neighborhood
Average Rent
Average Sq Ft
Which Spokane neighborhoods have the most rentals available?
The neighborhoods in Spokane with the most apartments available are Downtown Spokane, North Spokane and City Center Spokane .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Spokane, WA?
Because the average rent in Spokane is $1,137, you’ll want to make about $3,790 per month or $45,480 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.
Cost of Living
The cost of living in Spokane, WA is 3.6% lower than the national average. Generally, housing in Spokane is 15.9% less expensive than the national average, with rent falling between $1,054 - $1,826. You can expect to pay 6.0% more for groceries, 0.9% more for utilities, and 15.5% more for transportation.
How does Spokane, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Spokane, 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.
Studio
$675/month
$753/month
One Bedroom
$1,011/month
$871/month
Two Bedroom
$1,489/month
$1,564/month
Three Bedroom
$1,076/month
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Nearby City Rent Trends
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Black Realty Management, Inc.
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38
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3,174
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Avenue5 Residential
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510
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Goodale & Barbieri Company
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19
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McCathren Management
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23
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Cedar Property Management
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16
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2,477
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3
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15 Communities in Spokane
Prodigy Property Management
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42
Communities
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5,080
Units
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12
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14 Communities in Spokane
Greystar
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3,256
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905,113
Units
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840
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Greenstone
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10
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1,463
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3
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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.