salaryRent is higher than in 53% of U.S. cities. A typical house costs about 4.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $68,800 a year. That is $33 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 43 of 192 cities from cheapest to most expensive.
How much do households earn in Spokane Valley?
Share of households by yearly income. 22.6% of households earn $100,000 or more.
Rent by apartment size in Spokane Valley
| Size | Spokane Valley | U.S. average |
|---|---|---|
| Studio | $1,796 | $1,338 |
| 1 bedroom | $1,191 | $1,324 |
| 2 bedrooms | $1,386 | $1,509 |
| 3 bedrooms | $1,764 | $1,698 |
| 4 bedrooms | $1,977 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Spokane Valley overall?
Everyday prices in the Spokane-Spokane Valley metro area are same as the U.S. average (index 100.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Spokane Valley
Life in Spokane Valley
What jobs pay in Spokane Valley
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $155,560 | 13.3% |
| Physician Assistant | $147,570 | 14.0% |
| Nurse Practitioner | $141,990 | 14.5% |
| Software Developer | $130,690 | 15.8% |
| Lawyer | $123,880 | 16.7% |
| Operations Manager | $119,420 | 17.3% |
| Dental Hygienist | $116,690 | 17.7% |
| Registered Nurse | $111,750 | 18.5% |
| Computer Systems Analyst | $104,180 | 19.8% |
| Civil Engineer | $100,510 | 20.5% |
| Elementary School Teacher | $98,800 | 20.9% |
| Police Officer | $95,660 | 21.6% |
| Accountant | $86,350 | 23.9% |
| Firefighter | $83,310 | 24.8% |
| Electrician | $79,830 | 25.9% |
| Licensed Practical Nurse | $78,950 | 26.1% |
| Plumber | $72,800 | 28.4% |
| Market Research Analyst | $70,390 | 29.3% |
| Truck Driver | $62,980 | 32.8% |
| HVAC Technician | $62,840 | 32.8% |
| Carpenter | $61,900 | 33.3% |
| Medical Assistant | $51,720 | 39.9% |
| Server (Waiter/Waitress) | $48,560 | 42.5% |
| Nursing Assistant | $47,240 | 43.7% |
| Customer Service Representative | $46,790 | 44.1% |
| Warehouse Worker | $44,510 | 46.4% |
| Restaurant Cook | $44,230 | 46.7% |
| Retail Salesperson | $36,880 | 56.0% |
| Cashier | $36,290 | 56.9% |
Is it cheaper to rent or buy in Spokane Valley?
Renting is cheaper right now: about $933 a month less.
Owning assumes a typical $382,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,230 for the down payment.
Frequently asked questions
What is the average rent in Spokane Valley, WA?
Renting in Spokane Valley costs a median of about $1,720 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Spokane Valley?
To keep rent under 30% of income, you need about $68,800 a year, or $33 an hour at a full-time job.
Is Spokane Valley cheap or expensive?
Spokane Valley is rated OK: rent takes 25.8% of the typical household income of $79,854. It ranks 43rd cheapest of 192 Washington cities we track.
How much are property taxes in Spokane Valley?
The median homeowner in Spokane Valley pays $3,344 a year in property taxes, about 0.87% of the median home value.
Is Spokane Valley more expensive than the national average?
Overall prices in the metro area are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Spokane Valley?
The median home value in Spokane Valley is $382,300, about 4.8 times the typical yearly household income.
106,365 people live in Spokane Valley. Numbers are typical (middle) values.