Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spokane Valley area can be challenging. Home prices in Spokane Valley are now at a median cost of $250,936, lower than the Washington average of $453,663.
The average cost of rent is $1,230/mo in Spokane Valley, primarily driven by the current value of real estate in the Spokane Valley area. While nearly 35.89% of residents own their homes outright in Spokane Valley, 40.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spokane Valley is $5,369 per month. Households that rent pay about 22.91% of their income on rent here. Spokane Valley's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Millwood, WA: less expensive homes
- Veradale, WA: higher priced homes
- Greenacres, WA: higher priced homes
- Otis Orchards, WA: higher priced homes
- Spokane, WA: higher priced homes
- Liberty Lake, WA: higher priced homes
- Mica, WA: higher priced homes
- Valleyford, WA: higher priced homes
- Country Homes, WA: higher priced homes
- Mead, WA: higher priced homes
Cities with Similar Populations
- Overland Park, KS: higher priced homes
- Oviedo, FL: higher priced homes
- Palatine, IL: equally priced homes
- Oshkosh, WI: less expensive homes
- Palm Coast, FL: higher priced homes
- Palm Harbor, FL: equally priced homes
- Palo Alto, CA: higher priced homes
- Palmdale, CA: higher priced homes
- New Bedford, MA: equally priced homes
- Newark, NJ: higher priced homes
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