Average Rent in Spokane Valley, WA (2026)

Typical asking rent in Spokane Valley is $1,630. Across the 5 ZIP codes with data it runs from $1,495 to $1,707, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,630
Average rent
$1,599
Lowest ZIP
$1,495
Highest ZIP
$1,707

Rent by ZIP code in Spokane Valley

ZIP codeCountyTypical rentvs city median
99016Spokane County$1,707+5%
99212Spokane County$1,6340%
99037Spokane County$1,6300%
99206Spokane County$1,530-6%
99216Spokane County$1,495-8%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Spokane Valley sits in the Spokane-Spokane Valley, WA metro area.

Other Washington cities

Would a rental in Spokane Valley cash flow?

Start the analyzer with the Spokane Valley median rent of $1,630 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.