Metro data updated Jul 1, 2026

Spokane-Spokane Valley, WA Average Rent & Rental Yield

Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.

6.79%
Gross Rental Yield
$2,200
Median Rent
$416,619
Avg Home Value
N/A
Transactions (30d)

Average rent in Spokane-Spokane Valley, WA

The median asking rent in Spokane-Spokane Valley, WA is $2,200 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $416,619, that rent level prices Spokane-Spokane Valley, WA at a 6.79% gross rental yield — compared with 5.82% across Washington.

Metro vs state rental signal

The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.

Gross yield
Metro
6.79%
State
5.82%
Median rent
Metro
$2,200
State
$2,950
Avg home value
Metro
$416,619
State
$619,600
30d transactions
Metro
N/A
State
N/A

Spokane-Spokane Valley, WA rent and rental yield comparison

The current Spokane-Spokane Valley, WA baseline is $2,200 median asking rent and 6.79% gross rental yield. Compare rent, yield, and home values with selected Washington metros, then open a public report or Rental Insights for property-level follow-up.

Seattle-Tacoma-Bellevue, WA

Seattle-Tacoma-Bellevue, WA median asking rent is $3,400, $1,200 (54.5%) higher than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$3,400
Gross yield
5.21%
Avg home value
$810,201

Portland-Vancouver-Hillsboro, OR-WA

Portland-Vancouver-Hillsboro, OR-WA median asking rent is $2,650, $450 (20.5%) higher than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$2,650
Gross yield
6.40%
Avg home value
$519,905

Bremerton-Silverdale-Port Orchard, WA

Bremerton-Silverdale-Port Orchard, WA median asking rent is $2,800, $600 (27.3%) higher than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$2,800
Gross yield
6.29%
Avg home value
$546,973

Bellingham, WA

Bellingham, WA median asking rent is $2,895, $695 (31.6%) higher than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$2,895
Gross yield
5.58%
Avg home value
$622,042

Aberdeen, WA

Aberdeen, WA median asking rent is $1,900, $300 (13.6%) lower than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$1,900
Gross yield
7.33%
Avg home value
$309,013

Moses Lake, WA

Moses Lake, WA median asking rent is $1,995, $205 (9.3%) lower than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$1,995
Gross yield
6.88%
Avg home value
$362,697

Longview-Kelso, WA

Longview-Kelso, WA median asking rent is $2,000, $200 (9.1%) lower than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$2,000
Gross yield
6.78%
Avg home value
$354,720

Lewiston, ID-WA

Lewiston, ID-WA median asking rent is $1,825, $375 (17%) lower than the $2,200 median asking rent in Spokane-Spokane Valley, WA.

Median rent
$1,825
Gross yield
7.19%
Avg home value
$288,868

Spokane-Spokane Valley, WA rent and yield FAQ

Quick answers based on the latest Spokane-Spokane Valley, WA rental listing and transaction data.

What is the average rent in Spokane-Spokane Valley, WA?

As of July 2026, the median asking rent in Spokane-Spokane Valley, WA is $2,200. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.

What is a good rental yield in Spokane-Spokane Valley, WA?

Spokane-Spokane Valley, WA currently prices at a 6.79% gross rental yield, versus 5.82% across Washington. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.

Move from Spokane-Spokane Valley, WA market context to property-level screening

Open Rental Insights with Spokane-Spokane Valley, WA selected, then pair the yield signal with investor activity and rental data workflows.