Property Prices in Spokane, WA, United States

Index Info
Price to Income Ratio: 3.00
Mortgage as Percentage of Income: 27.07%
Loan Affordability Index: 3.69
Price to Rent Ratio - City Centre: 7.89
Price to Rent Ratio - Outside of Centre: 9.07
Gross Rental Yield (City Centre): 12.67%
Gross Rental Yield (Outside of Centre): 11.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,453.33 $ 950.00-1,950.00
Apartment (1 bedroom) Outside of Centre 1,173.75 $ 850.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,725.00 $ 2,100.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,118.75 $ 1,800.00-2,500.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 2,549.53 $ 2,465.00-2,583.34
Price per Square Meter to Buy Apartment Outside of Centre 2,326.39 $ 2,260.42-2,465.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,067.06 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.19-7.50

These data are based on 121 entries from 27 contributors over the past 18 months.
Last update: May 2025

Sources and References
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