Spokane
Washington · Ranked #64 of 102 metros
42Moderate
Median Home Price
🏠$390K
Need $112K income
Median Rent
🔑$1K
Need $54K income
Housing Shortage
📉12,000
units needed
Building Permits
🔨5,000
annual
Median Income
💰$59K
Pop: 596,926
Rent Burden
⚠️33.5%
of renters paying >30%
Price Change (YoY)
📈+4.5%
Homeownership
🏡62.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Spokane | National |
|---|---|---|
| Price-to-Income Ratio | 6.6x | 6.1x |
| Rent Burden | 33.5% | 31.5% |
| Homeownership Rate | 62.0% | 65.5% |
| YoY Price Change | +4.5% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 13.0% | 13.5% |
| Eviction Rate | 4.0% | 3.6% |