Property Prices in Spokane, WA, United States

Index Info
Price to Income Ratio: 3.07
Mortgage as Percentage of Income: 27.73%
Loan Affordability Index: 3.61
Price to Rent Ratio - City Centre: 8.16
Price to Rent Ratio - Outside of Centre: 8.98
Gross Rental Yield (City Centre): 12.26%
Gross Rental Yield (Outside of Centre): 11.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,508.33 $ 1,250.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,141.67 $ 850.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,425.71 $ 2,000.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,158.33 $ 1,800.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 237.50 $ 225.01-240.00
Price per Square Feet to Buy Apartment Outside of Centre 212.50 $ 210.00-225.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,948.43 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 6.19-8.00

These data are based on 93 entries in the past 18 months from 21 different contributors.
Last update: April 2024

Sources and References
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