FairRentWize

Spokane-Spokane Valley Fair Market Rent 2026

HUD Fair Market Rent data for the Spokane-Spokane Valley metropolitan area. Median household income: $60,901/year. Vacancy rate: 6%.

2BR FMR

$1,014/mo

Median Income

$60,901

Vacancy Rate

6%

Rent Burden

20.0%

Fair Market Rent by Bedroom Size

Studio$695/mo
1 Bedroom$839/mo
2 Bedroom$1,014/mo
3 Bedroom$1,335/mo
4 Bedroom$1,520/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $60,901/year can afford up to $1,523/mo in rent.

The 2BR FMR of $1,014/mo represents 20.0% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6% in Spokane-Spokane Valley indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Spokane-Spokane Valley?

The 2026 HUD FMR for a 2-bedroom in the Spokane-Spokane Valley metro area is $1,014/month. 1BR: $839, 3BR: $1,335.

What is the vacancy rate in Spokane-Spokane Valley?

The rental vacancy rate in Spokane-Spokane Valley is 6%. A rate below 5% typically indicates a tight rental market.

Is Spokane-Spokane Valley affordable for renters?

With a median income of $60,901 and 2BR rent at $1,014/mo, rent takes about 20% of income in Spokane-Spokane Valley.

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