Seattle vs Spokane
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Spokane has an edge
Spokane currently favors renting, with better rent-to-price dynamics.
Median Home Price
$841,148.88
Median Rent
$2,267.38/mo
Price-to-Rent Ratio
30.9
Property Tax RateTIE
0.98%
Price Change (1Y)
-1.8%
Price Change (5Y)
-9.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$714,572
Median Home PriceBETTER
$412,282.08
Median RentBETTER
$1,509.57/mo
Price-to-Rent RatioBETTER
22.8
Property Tax RateTIE
0.98%
Price Change (1Y)BETTER
-0.1%
Price Change (5Y)BETTER
-0.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$290,894
Key Differences
Home Prices
Seattle's median home price of $841,148.88 is higher than Spokane's $412,282.08 by 104%.
Monthly Rent
Renting in Seattle costs $2,267.38/mo compared to $1,509.57/mo in Spokane—a difference of $757.81/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.