Property Prices in Spokane, WA, United States

Index Info
Price to Income Ratio: 3.12
Mortgage as Percentage of Income: 28.39%
Loan Affordability Index: 3.52
Price to Rent Ratio - City Centre: 7.53
Price to Rent Ratio - Outside of Centre: 8.10
Gross Rental Yield (City Centre): 13.28%
Gross Rental Yield (Outside of Centre): 12.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,628.75 $ 1,250.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,278.57 $ 850.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,780.00 $ 2,100.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,425.00 $ 1,850.00-2,900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 242.84 $ 240.00-257.05
Price per Square Feet to Buy Apartment Outside of Centre 215.00 $ 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 6.71 6.19-8.00

These data are based on 100 entries in the past 18 months from 22 different contributors.
Last update: July 2024

Sources and References
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