Markets › Spokane
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Spokane WA
Covers Spokane and Spokane Valley.
Current market read
Landlord’s market
ConditionFirm
The yearly data still reads a landlord's market, but the faster monthly signals are easing.
From public data. The situation now, not a forecast.
Renter Google searchabout 1,000 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 1,000 searches in July 2026, for Spokane on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, job growth has cooled, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+2.8%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +9.9% · US avg +5.2%
Median rentCENSUS · 2024
$1,405/mo
Typical rent, 2024 yearly count
In the news · SpokaneNEWS · DAILY
Latest local coverage, 3 weeks ago.● softer● neutral● firmer
Spokane rents have eased for the first time in two decades, but an economist warns the relief may not lastNorth Spokane apartment property sells for $22.5MSpokane Housing Authority opens its largest project: 240 affordable apartments in Spokane ValleyView all 8 Spokane news →Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs-0.6%
Migration 2025+3.14/1k
SUPPLY
Permits 2025-23.6%
Vacancy 20244.4%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,794/mo
Cheaper to rent than buying
rent $1,405 · own $3,199
$1,405RENT
$3,199OWN
Net migrationCENSUS · 2025
+3.14/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.