Spokane Valley, WA Relocation Guide (2026)
Cost of living, housing, and income data for Spokane Valley, sourced from the US Census Bureau.
Salary needed to live in Spokane Valley →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Spokane Valley, Washington is home to roughly 103,761 residents. The typical household here earns $66,483 a year — roughly in line with the median we track across cities (-8%).
Anyone weighing a move to Spokane Valley should know the median home value is $307,700, roughly in line with the multi-city median (-6%), and median rent runs $1,175 per month. Current mortgage rates and local property taxes both affect the real math of buying versus renting.
Buying a typical home in Spokane Valley would run about 4.6 years of median household income — a moderate multiple, not unusually high or low. The local market has seen 2.6% price growth over the past year — solid, sustainable movement rather than a rapid runup. FEMA rates Spokane Valley's overall natural-hazard risk as Relatively Moderate — comparatively low, which tends to keep home insurance costs in check.
Personal Affordability Check
Renting at $1,175/mo in Spokane Valley would take 21.2% of your income.
$487/mo under the 30% guideline.
Buying the median home ($307,700) would take 29.6% of your income toward principal & interest.
$91/mo over the 28% guideline.
Cost of housing in Spokane Valley
Median home value is $307,700 and median gross rent is $1,175/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Spokane rose 2.6% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $1,531/month.
Climate & home insurance
FEMA rates Spokane Valley's overall natural-hazard risk as Relatively Moderate. Risk level is a major driver of home insurance premiums.
Safety
Spokane Valley reported a violent crime rate of 233.9 per 100,000 residents in 2025, per FBI data.
Moving to Spokane Valley
Planning a move to Spokane Valley? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Spokane Valley, WA?
- Cost of living in Spokane Valley centers on housing: median home value runs $307,700, median rent runs $1,175/month, and the typical household earns $66,483 a year. Data via the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Spokane Valley?
- A common guideline is that rent should stay under 30% of gross income. With median rent at $1,175/month in Spokane Valley, that implies an income of about $47,000 to keep housing affordable. See the full salary breakdown (renting and buying) for Spokane Valley.
- Is it better to rent or buy in Spokane Valley?
- With a median home value of $307,700 and median rent of $1,175/month, renting comfortably in Spokane Valley takes about $47,000/year (the 30% guideline), while buying at the median price takes roughly $70,400/year in principal-and-interest alone (assumes 20% down, a 30-year fixed loan, and current mortgage rates). The right call depends on how long you plan to stay and your down payment.
- Is Spokane Valley safe?
- Spokane Valley reported a violent crime rate of 233.9 per 100,000 residents in 2025, per FBI data. Compare that figure against other cities you're considering for context.
See the full salary breakdown for Spokane Valley →
Cities with a similar cost of living
Matched on median rent and household income within 15% of Spokane Valley's.