Trillium
12925 E Mansfield Ave,
Spokane Valley, WA 99216
Studio - 3 Beds | $1,099 - 1,856
Rental Market Trends in Spokane Valley, WA
What is the average rent in Spokane Valley, WA?
$1,263/month
Average Rent
747 Sq Ft
Average Apartment Size
-0.8%
Decrease in the Last Year
As of November 2024, the average rent in Spokane Valley, WA is $1,263 per month. This is 19% lower than the national average rent of $1,559/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 $1,202 per month for a studio, $1,263 for a one-bedroom apartment, and around $1,431 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,809 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 Valley, WA?
In the past year, rent has decreased by 0.8%, which averages out to $10 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 November 2024
Legend
2023
2024
Rent Ranges in Spokane Valley, WA
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
9%
$700 - $1,000/month
55%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
7%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Spokane Valley?
Based on current rent prices, Mirabeau, Veradale and Greenacres are the most affordable neighborhoods in Spokane Valley.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Spokane Valley?
Based on current rent prices, Chester, Greenacres and Veradale are the most expensive neighborhoods in Spokane Valley.
Neighborhood
Average Rent
Average Sq Ft
Which Spokane Valley neighborhoods have the most rentals available?
The neighborhoods in Spokane Valley with the most apartments available are Veradale, Greenacres and Mirabeau .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Spokane Valley, WA?
Because the average rent in Spokane Valley is $1,263, you’ll want to make about $4,210 per month or $50,520 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.
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.
Studio
$1,109/month
-
One Bedroom
$1,138/month
$913/month
Two Bedroom
$1,387/month
$1,093/month
Three Bedroom
$1,688/month
-
Nearby City Rent Trends
Apartment communities in Spokane Valley we think you'll love
Property Management Companies in Spokane Valley, WA
Avenue5 Residential
-
519
Communities
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115,660
Units
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196
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10 Communities in Spokane Valley
Black Realty Management, Inc.
-
37
Communities
-
2,984
Units
-
6
Cities
9 Communities in Spokane Valley
Greystar
-
3,181
Communities
-
879,924
Units
-
825
Cities
7 Communities in Spokane Valley
Prodigy Property Management
-
45
Communities
-
5,295
Units
-
12
Cities
7 Communities in Spokane Valley
McCathren Management
-
22
Communities
-
2,296
Units
-
8
Cities
6 Communities in Spokane Valley
Rudeen Development, LLC
-
18
Communities
-
3,541
Units
-
6
Cities
6 Communities in Spokane Valley
Greenstone
-
10
Communities
-
1,463
Units
-
3
Cities
4 Communities in Spokane Valley
4 Degrees Real Estate
-
10
Communities
-
519
Units
-
3
Cities
4 Communities in Spokane Valley
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Methodology
† 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.
* Percentages may not total 100 due to rounding.