Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spokane area can be challenging. Home prices in Spokane are now at a median cost of $285,730, lower than the Washington average of $453,663.
The average cost of rent is $1,114/mo in Spokane, primarily driven by the current value of real estate in the Spokane area. While nearly 37.23% of residents own their homes outright in Spokane, 31.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spokane is $6,026 per month. Households that rent pay about 18.48% of their income on rent here. Spokane's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Country Homes, WA: equally priced homes
- Millwood, WA: less expensive homes
- Spokane Valley, WA: less expensive homes
- Seven Mile, WA: higher priced homes
- Mead, WA: equally priced homes
- Airway Heights, WA: less expensive homes
- Marshall, WA: higher priced homes
- Veradale, WA: higher priced homes
- Colbert, WA: higher priced homes
- Green Bluff, WA: higher priced homes
Cities with Similar Populations
- North Charleston, SC: less expensive homes
- Newport News, VA: less expensive homes
- Odessa, TX: less expensive homes
- North Las Vegas, NV: equally priced homes
- Ogden, UT: higher priced homes
- North Hollywood, CA: higher priced homes
- North Hills, CA: higher priced homes
- Oklahoma City, OK: less expensive homes
- Olathe, KS: higher priced homes
- Newark, DE: equally priced homes
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