Serrano Apartments
121-221 E Wedgewood,
Spokane, WA 99208
Studio - 3 Beds | $755 - $1,455
Rental Market Trends in Spokane, WA
Updated July 2026
The average rent in Spokane, WA is $1,167/month.
Rent in Spokane is 30% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,167/month
Average Rent
654 Sq Ft
Average Size
+1.6%
Change / Year
2,934
Available Apartments
Spokane rent varies by unit size and layout:
- Studio apartments in Spokane average $1,084 per month.
- One-bedroom apartments in Spokane average $1,167 per month.
- Two-bedroom apartments in Spokane average $1,433 per month.
- Three-bedroom apartments in Spokane average $1,873 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Spokane, WA?
In the past year, rent has increased by 1.6%, which averages out to $19 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Spokane, WA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
9%
Below $700/month
22%
$700 - $1,000/month
49%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Spokane?
Based on current rent prices, Bemiss, Minnehaha and Nevada Lidgerwood 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, Kendall Yards, West Central and Hillyard 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 $1,167, you’ll want to make about $3,890 per month or $46,680 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 1.8% lower than the national average. Generally, housing in Spokane is 13.9% less expensive than the national average, with rent falling between $1,084 - $1,873. You can expect to pay 8.8% more for groceries, 0.1% less for utilities, and 19.8% 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.
View the Spokane Area GuideStudio
$1,000/month
$1,576/month
One Bedroom
$1,033/month
$1,943/month
Two Bedroom
$1,377/month
$2,209/month
Three Bedroom
$1,560/month
$2,678/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Spokane?
The average rent in Spokane is $1,167 per month, which is 29.8% lower than the national average of $1,663.
What is the average rent for a house in Spokane?
The average rent for a house in Spokane, WA is $2,314 per month.
What is the average rent for a townhome in Spokane?
The average rent for a townhome in Spokane, WA is $1,361 per month.
Are rents going up or down in Spokane?
Rents in Spokane, WA are increasing, with prices up 1.6% year-over-year and $19 more per month.
What rent range is most common in Spokane?
In Spokane, WA, 49% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.