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?
$1,133/month
Average Rent
638 Sq Ft
Average Apartment Size
0%
Decrease in the Last Year
As of April 2025, the average rent in Spokane, WA is $1,133 per month. This is 30% lower than the national average rent of $1,624/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 $1,048 per month for a studio, $1,133 for a one-bedroom apartment, and around $1,386 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,827 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 0%, which averages out to $0 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 April 2025
Legend
2024
2025
Rent Ranges in Spokane, WA
Last Updated April 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
11%
Below $700/month
26%
$700 - $1,000/month
43%
$1,001 - $1,500/month
16%
$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, East Central, Nevada Lidgerwood and Bemiss 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 Chief Garry Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Spokane, WA?
Because the average rent in Spokane is $1,133, you’ll want to make about $3,776 per month or $45,312 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 0.4% higher than the national average. Generally, housing in Spokane is 11.4% less expensive than the national average, with rent falling between $1,048 - $1,827. You can expect to pay 10.9% more for groceries, 3.2% less for utilities, and 22.7% 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.
Studio
$675/month
$1,098/month
One Bedroom
$1,011/month
$1,371/month
Two Bedroom
$1,487/month
$1,919/month
Three Bedroom
$1,075/month
$2,395/month
Nearby City Rent Trends
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Property Management Companies in Spokane, WA
Black Realty Management, Inc.
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39
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3,232
Units
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6
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30 Communities in Spokane
Goodale & Barbieri Company
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19
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821
Units
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2
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Avenue5 Residential
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527
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116,590
Units
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207
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18 Communities in Spokane
McCathren Management
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23
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2,440
Units
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8
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16 Communities in Spokane
Prodigy Property Management
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43
Communities
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5,109
Units
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12
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15 Communities in Spokane
Cedar Property Management
-
16
Communities
-
2,477
Units
-
3
Cities
15 Communities in Spokane
Greystar
-
3,244
Communities
-
901,226
Units
-
840
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10 Communities in Spokane
Lease By Design
-
10
Communities
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440
Units
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2
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10 Communities in Spokane
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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 February 2025.
* Percentages may not total 100 due to rounding.