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?
$1,121/month
Average Rent
641 Sq Ft
Average Apartment Size
-1.2%
Decrease in the Last Year
As of February 2025, the average rent in Spokane, WA is $1,121 per month. This is 28% lower than the national average rent of $1,555/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 $1,052 per month for a studio, $1,121 for a one-bedroom apartment, and around $1,364 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,800 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 decreased by 1.2%, which averages out to $13 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 February 2025
Legend
2024
2025
Rent Ranges in Spokane, WA
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
11%
Below $700/month
26%
$700 - $1,000/month
47%
$1,001 - $1,500/month
12%
$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, Lincoln Heights, Browne's Addition 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, U-District, Chief Garry Park and City Center Spokane 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 U-District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Spokane, WA?
Because the average rent in Spokane is $1,121, you’ll want to make about $3,736 per month or $44,832 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, 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
-
$1,046/month
One Bedroom
$975/month
$1,369/month
Two Bedroom
$1,125/month
$1,937/month
Three Bedroom
$1,450/month
$2,495/month
Nearby City Rent Trends
Apartment communities in Spokane we think you'll love
Property Management Companies in Spokane, WA
Black Realty Management, Inc.
-
38
Communities
-
3,026
Units
-
6
Cities
29 Communities in Spokane
Goodale & Barbieri Company
-
18
Communities
-
713
Units
-
2
Cities
18 Communities in Spokane
Avenue5 Residential
-
518
Communities
-
114,073
Units
-
201
Cities
17 Communities in Spokane
Prodigy Property Management
-
43
Communities
-
5,096
Units
-
12
Cities
16 Communities in Spokane
McCathren Management
-
23
Communities
-
2,440
Units
-
8
Cities
16 Communities in Spokane
Cedar Property Management
-
16
Communities
-
2,477
Units
-
3
Cities
15 Communities in Spokane
Greystar
-
3,243
Communities
-
895,315
Units
-
829
Cities
12 Communities in Spokane
Greenstone
-
10
Communities
-
1,463
Units
-
3
Cities
9 Communities in Spokane
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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.