$2,950 Per Month
- 3 Beds
- 3 Baths
- 3,168 Sq Ft
- House for Rent
10623 E Montgomery Ave, Spokane Valley, WA 99206
10623 E Montgomery Ave, Spokane Valley, WA 99206
Frequently Asked Questions
How much does it cost to rent a single-family home in Spokane Valley, WA?
The median rent for a single-family home in Spokane Valley, WA is $2,473 per month, though prices vary by neighborhood, size, and property type. As of July 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 Spokane Valley, WA?
To comfortably afford the median rent in Spokane Valley, WA, a household needs to earn roughly $87,800 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 $2,195 per month in Spokane Valley, WA, renters typically need to show $6,585 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 Spokane Valley, WA?
In Spokane Valley, WA, the price-to-rent ratio is 16.7, 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 Spokane Valley, WA are best for renting a single-family home?
The best neighborhood for renting in Spokane Valley, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Riverbend, Central Post Falls, Milltown and Post Falls East, each with its own character and price range.
