How many apartments are available in Spokane, WA on Rentable.co?

Rentable.co has over 9,593 apartments available in Spokane.

What is the average rent for a studio apartment in Spokane, WA?

The average rent for a <a href='/spokane-wa/studio-apartments-for-rent' >studio apartment</a> in Spokane is around $1,330 per month.

What is the average rent for a one-bedroom apartment in Spokane, WA?

The average rent for a <a href='/spokane-wa/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Spokane is around $1,070 per month.

What is the average rent for a two-bedroom apartment in Spokane, WA?

The average rent for a <a href='/spokane-wa/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Spokane is around $1,400 per month.

How expensive is it to rent an apartment in Spokane, WA?

For a two-bedroom apartment in Spokane, the average rent price is $1,400 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Spokane, WA?

Based on average rent prices in Spokane, to afford a <a href='/spokane-wa/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $53,000 to live comfortably.

Apartments Near Spokane Falls Community College

Spokane:
November Rent Report

Welcome to the November 2024 Spokane Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Spokane rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Spokane and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Spokane average rent prices in the chart below.

Monthly Rent Report

$1,500

$1,130

$750

$380

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Spokane Rent Prices Increase From October to November

Spokane rent prices increased over the last month. From October to November, the city experienced a 0.51% increase for the price of a one-bedroom apartment. The rent price for a Spokane one-bedroom apartments currently stands at $1,187.0.

When we take a look at the two-bedroom comparison from October to November, Spokane experienced a -0.07% decrease for the price of a two-bedroom apartment. The rent price for a Spokane two-bedroom apartments currently stands at $1,439.0.

November Prices: Spokane vs. Surrounding Areas

Airway Heights, WA

Medical Lake, WA

Spokane Valley, WA

Spokane, WA

Cheney, WA

$1,375

$1,279

$1,215

$1,181

$880

$450

$900

$1,350

$1,800

Median 1 BR Rent

Rent Prices in Spokane and Surrounding Areas

Rent prices have increased in Spokane over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Spokane suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Medical Lake, WA, Airway Heights, WA .
Rent decreased in Spokane Valley, WA, Cheney, WA.
3 suburbs are currently priced higher than the city of Spokane.
1 suburb is currently priced lower than the city of Spokane.

November 2024 Pricing Trends: Spokane vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Spokane, WA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,181

$1,400

$2,800

$4,200

$5,600

Median Rent

Spokane Rent Prices More Affordable Than Major Cities

Rent growth in Spokane over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Spokane average rent prices appear to be relatively affordable for local residents.

The price for a Spokane one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Spokane and surrounding area rent prices, take a look at the complete data set below.

Data set for Spokane and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Spokane, WA	$1,181.0	7.17%	$1,440.0	4.42%
Spokane Valley, WA	$1,215.0	-1.22%	$1,417.0	-1.12%
Cheney, WA	$880.0	-0.68%	$1,285.0	11.93%
Medical Lake, WA	$1,279.0	1.11%	$1,432.0	1.70%
Airway Heights, WA	$1,375.0	2.00%	$1,424.0	-0.35%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.