The Most Affordable Neighborhoods in Five Mile Prairie, Spokane, WA by Home Value

 

Five Mile Prairie, Spokane, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Five Mile Prairie area can be challenging. Home prices in Five Mile Prairie are now at a median cost of $389,199, higher than the Spokane average of $285,730.

The average cost of rent is $1,468/mo in Five Mile Prairie, primarily driven by the current value of real estate in the Five Mile Prairie area. While nearly 21.50% of residents own their homes outright in Five Mile Prairie, 10.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Five Mile Prairie is $9,340 per month. Households that rent pay about 15.71% of their income on rent here. Five Mile Prairie's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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