Property Prices in Spokane, WA, United States

Index Info
Price to Income Ratio: 3.00
Mortgage as Percentage of Income: 27.32%
Loan Affordability Index: 3.66
Price to Rent Ratio - City Centre: 7.83
Price to Rent Ratio - Outside of Centre: 8.99
Gross Rental Yield (City Centre): 12.77%
Gross Rental Yield (Outside of Centre): 11.12%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,514.44 $ 1,250.00-1,950.00
Apartment (1 bedroom) Outside of Centre 1,173.75 $ 850.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,637.50 $ 2,100.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,161.11 $ 1,800.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 236.86 $ 229.00-240.00
Price per Square Feet to Buy Apartment Outside of Centre 216.13 $ 210.00-229.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,063.53 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.73 6.19-8.00

These data are based on 125 entries in the past 18 months from 29 different contributors.
Last update: February 2025

Sources and References
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