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Newest Homes for Rent in Spanaway, WA

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  • /20

    Starting at $2,200 Per Month

    • 2 Beds

    2120 177th St E, Spanaway, WA 98387

    Parklane Court Townhomes: Quiet country, gated, intimate community of townhomes. Enjoy your large privately fenced patio with majestic Mt. Rainier backdrop. One easy monthly rent payment includes water, sewer, garbage. Please call Manager to inquire on current availability of units and current pricing. This community does not accept comprehensive reusable tenant screening reports.

    Parklane Court Townhomes

    2120 177th St E, Spanaway, WA 98387
  • /31

    $3,300 Per Month

    • 4 Beds
    • 3 Baths
    • 1,968 Sq Ft
    • House for Rent

    4312 214th Street Ct E, Spanaway, WA 98387

    Welcome to this charming 4-bedroom+bonus room, 2-story home! With a thoughtfully designed layout, soaring vaulted ceilings, & bright, open rooms, this property offers both comfort and style.The main floor features a spacious living and dining room, & an updated kitchen with quartz countertops and newer appliances. Step right out to the expansive deck—perfect for entertaining—overlooking a fully

    Mila Samakhvalava eXp Realty

    4312 214th Street Ct E, Spanaway, WA 98387

Frequently Asked Questions

How much does it cost to rent a home in Spanaway, WA?
The median rent for a home in Spanaway, WA is $2,950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Spanaway, WA?
To comfortably afford the median rent in Spanaway, WA, a household needs to earn roughly $118,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,950 per month in Spanaway, WA, renters typically need to show $8,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Spanaway, WA?
In Spanaway, WA, the price-to-rent ratio is 14.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Spanaway, WA are best for renting a home?
The best neighborhood for renting in Spanaway, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Clover Creek, Pacific-Lakeview, Lakeview, Midland and Eastside, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,950
Median Single Family Home Rent
$2,975
Median Townhouse Rent
$2,373
Median Condo Rent
$2,200
How to Rent a Home