States › Washington › Spanaway

Is Spanaway, WA expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8747% higher than U.S. average
💵 Families earn per year (2026)$105,964about $8,830/month · 22% higher than U.S. average
🔑 House price$445,70034% higher than U.S. average

Rent is higher than in 62% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 37.3 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $74,960 a year. That is $36 an hour at a full-time job.

Is rent cheaper than other Washington cities?

Yes. Rent here is cheaper than in most of Washington. It is number 65 of 192 cities from cheapest to most expensive.

Spanaway
$1,874
$2,548
$1,851

How much do households earn in Spanaway?

Under $25k
8.1%
$25k–50k
15.3%
$50k–100k
38.3%
$100k–150k
24.9%
$150k+
10.7%

Share of households by yearly income. 35.6% of households earn $100,000 or more.

Rent by apartment size in Spanaway

SizeSpanawayU.S. average
Studio$1,181$1,338
1 bedroom$1,515$1,324
2 bedrooms$1,833$1,509
3 bedrooms$2,041$1,698
4 bedrooms$2,696$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Spanaway overall?

Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).

Housing
126
Goods (food, clothes…)
104
Utilities
93
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Spanaway, so the Washington figure is shown.

Taxes and bills in Spanaway

🏛️ Property tax$4,372a year · 0.98% of home value · U.S. $3,119
⚡ Electric bill$142a month (typical) · U.S. $156

Life in Spanaway

Commute to work37.3 minU.S.: 26.4 min
College degree16.6%U.S.: 35.7%
Own their home73.7%U.S.: 65.2%
Below poverty line8.8%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Spanaway?

Renting is cheaper right now: about $1,219 a month less.

Renting
$1,874
Owning
$3,093

Owning assumes a typical $445,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,570 for the down payment.

Frequently asked questions

What is the average rent in Spanaway, WA?

Renting in Spanaway costs a median of about $1,874 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Spanaway?

To keep rent under 30% of income, you need about $74,960 a year, or $36 an hour at a full-time job.

Is Spanaway cheap or expensive?

Spanaway is rated OK: rent takes 21.2% of the typical household income of $105,964. It ranks 65th cheapest of 192 Washington cities we track.

How much are property taxes in Spanaway?

The median homeowner in Spanaway pays $4,372 a year in property taxes, about 0.98% of the median home value.

Is Spanaway more expensive than the national average?

Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Spanaway?

The median home value in Spanaway is $445,700, about 4.2 times the typical yearly household income.

34,019 people live in Spanaway. Numbers are typical (middle) values.