Property Prices in Spokane, WA, United States

Index Info
Price to Income Ratio: 2.99
Mortgage as Percentage of Income: 27.00%
Loan Affordability Index: 3.70
Price to Rent Ratio - City Centre: 7.94
Price to Rent Ratio - Outside of Centre: 8.42
Gross Rental Yield (City Centre): 12.59%
Gross Rental Yield (Outside of Centre): 11.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,532.86 $ 1,250.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,208.33 $ 850.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,530.00 $ 2,000.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,325.00 $ 1,850.00-2,700.00
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) 4,054.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 6.19-8.00

These data are based on 96 entries in the past 18 months from 24 different contributors.
Last update: December 2024

Sources and References
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