Last updated
Average Rent in Spokane Valley, WA & Rent Trends
Rent prices and market trends across 13 apartment communities in Spokane Valley, WA. Updated daily.
Market Average
$1,605/mo
▼ 2.1% from last month
Lowest Available
$618/mo
cheapest unit on market
Communities
13
tracked daily
Units Listed
132
available now
Price Cuts This Week in Spokane Valley, WA
26 listed units across 4 buildings in Spokane Valley, WA dropped their asking rent in the past 7 days, an average cut of $100/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Diamond Rock Rentals | Unit 3 | $2,295 | $1,575 | $720 |
| Diamond Rock Rentals | Unit 2 | $2,695 | $2,095 | $600 |
| Trillium Apartments | Unit K108 | $1,565 | $1,484 | $81 |
| Trillium Apartments | Unit F201 | $1,701 | $1,640 | $61 |
| Trillium Apartments | Unit S104HC | $1,512 | $1,451 | $61 |
| Trillium Apartments | Unit B110 | $1,533 | $1,475 | $58 |
| Trillium Apartments | Unit B301 | $1,532 | $1,474 | $58 |
| Trillium Apartments | Unit BB207 | $1,547 | $1,489 | $58 |
Rent by Neighborhood in Spokane Valley, WA
Compare average rent across Spokane Valley, WA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Veradale | $1,866 | ▲ $366 | $1,150 | 4 | 36 |
| Spokane Valley 99206 | $1,577 | ▼ $59 | $618 | 5 | 39 |
| Spokane Valley 99216 | $1,459 | ▼ $19 | $1,070 | 4 | 57 |
Is Rent Going Up or Down in Spokane Valley, WA?
As of July 2026, the average rent in Spokane Valley, WA is $1,605 per month across 13 apartment communities and 132 available units. Rents have decreased $32 (2.1%) over the past month.
The most affordable option is Broadway190 starting at $618/mo. By unit type, a studio averages $1,361/mo, a 1-bedroom averages $1,346/mo, a 2-bedroom averages $1,549/mo, a 3-bedroom averages $1,978/mo, a 4-bedroom averages $2,595/mo.
Prices range from $618 to $2,695 per month. The most common price point is the $1,400 range, where 45 units are currently listed.
Spokane Valley, WA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,450 | - | 5 |
| June 2026 | $1,576 | +$126 | 10 |
| July 2026 | $1,568 | -$8 | 13 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Spokane Valley, WA
Rent Prices by Apartment in Spokane Valley, WA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Broadway190 | $618/mo | $1,299/mo | 12 | 4.2 |
| The Hornberger Group | $995/mo | $1,920/mo | 4 | 4.2 |
| Peaks at Meadow Ridge | $1,070/mo | $1,218/mo | 5 | 3.5 |
| Sullivan Court Apartments | $1,150/mo | $1,150/mo | 1 | 3.9 |
| The Villages on 4th and Sullivan | $1,225/mo | $1,225/mo | 1 | 2.8 |
| The Homestead Apartments | $1,261/mo | $1,478/mo | 8 | 4.1 |
| Village on Broadway | $1,275/mo | $1,386/mo | 5 | 3.4 |
Frequently Asked Questions About Rent in Spokane Valley, WA
What is the average rent in Spokane Valley, WA?
Is rent going up or down in Spokane Valley, WA?
What is the cheapest apartment in Spokane Valley, WA?
How much is a 1-bedroom apartment in Spokane Valley, WA?
How many apartments are available in Spokane Valley, WA?
What salary do I need to live comfortably in Spokane Valley, WA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
Based on the 30 percent rule, using our tracked average rent of $1,605/mo.
Comfortable income
$77,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($618/mo), you need to earn at least $25,000/year.
Median household income in Spokane Valley, WA is $70,722 , about 8% below the comfortable-living threshold.
Cost of living in Spokane Valley, WA
Overall prices in Spokane Valley, WA runs above the national average by about 1% (BEA Regional Price Parity index 100.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Spokane Valley, WA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,605 |
| Utilities | $403 |
| Groceries | $567 |
| Transportation | $959 |
| Healthcare | $468 |
| Other goods and services | $749 |
| Estimated total | $4,750/mo |
Population
105,460
Median household income
$70,722
Census median rent
$1,247/mo
Rent as % of income
30.1%
Median age
37.6
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Spokane Valley, WA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Spokane Valley, WA Apartments
Browse all 13 communities with daily-updated pricing and availability.