
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Balboa area can be challenging. Home prices in Balboa are now at a median cost of $424,696, higher than the Spokane average of $423,217.
The average cost of rent is $2,018/mo in Balboa, primarily driven by the current value of real estate in the Balboa area. In Balboa, 12.49% of households rent, and 41.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Balboa is $9,009 per month. Households that rent pay about 22.40% of their income on rent here. Balboa’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Five Mile Prairie, Spokane, WA: higher priced homes
- Northwest Spokane, Spokane, WA: less expensive homes
- North Indian Trail, Spokane, WA: higher priced homes
- North Hill, Spokane, WA: less expensive homes
- Nevada-Lidgerwood, Spokane, WA: less expensive homes
- Emerson Garfield, Spokane, WA: less expensive homes
- Whitman, Spokane, WA: less expensive homes
- West Central, Spokane, WA: equally priced homes
- fairwood, Spokane, WA: higher priced homes
- Logan, Spokane, WA: less expensive homes
Neighborhoods with Similar Populations
- Wallace Woods, Covington, KY: less expensive homes
- Valencia, Newhall, CA: higher priced homes
- Barrington Park, Taylorsville, UT: less expensive homes
- Downtown Binghamton, Binghamton, NY: less expensive homes
- Mountain Creek, Pflugerville, TX: less expensive homes
- West Urbana, Urbana, IL: less expensive homes
- Cooley Ranch, Colton, CA: less expensive homes
- North Lincoln Street, Worcester, MA: equally priced homes
- Pecan Valley, San Antonio, TX: less expensive homes
- Gardenside-Colony, Lexington, KY: less expensive homes
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