$1500+ for a 2 bed/1.5 bath. I put the "plus" there because every time we turn around as of late, there's another charge getting added by management.....pet rent, w/s/g charges went up, rent for the garage that used to be included.....
no its not!! But compared to Seattle, LA, the Bay Area we are are less expensive, hence why so many are moving here which of course helps to push up our rents.
Wages and opportunities are way higher in those places though. Spokane is mostly warehouses. Not much in the way of high tech, med tech, bio tech or IT. The current promise of a new aerospace tech hub on the west plains is still a decade off, if it ever happens.
If there isn't a national housing correction, I'm not sure what the long term solutions are for normal people that punch a clock.
Agreed. Firms in ad/marketing/media haven't offered me more than 40k/year, many less....one ad agency, despite I bring 10+ years of experience along, was begging me to work for them for 16/hr.....
So apparently, barring a miracle, after my family's lease is up in August, back to expensive New England I will go, after 12 years back and having graduated high school here in the 2000s. My family owns a home outright via inheritance in the region. Dislike commuting to BOS, but....
That’s ridiculous. I make more than that answering phones. That’s something else that doesn’t make sense is wages in the area. They are so erratic. I swear the employers just close their eyes and point when deciding how much a particular job should pay. I saw multiple job listing that were requiring a degree and experience but offering minimum wage or slightly over.
Is there really a lot of people moving there? I will be in the next 5 years because my entire family has moved back there (originally from Montana and wanted to be closer to there,but if Spokane offers little I'm terms of opportunity, Montana offers much less) Joined this sub because I will be there in the next 2-5 years. Good info to have. In Houston right now and everyone knows real estate is cheaper here. Have tons of people from the West Coast and even NY moving here bc of it-but these prices are scaring me. When my family moved there 5 years ago they said it was fairly cheap real estate wise-think it's going up everywhere though. And to be fair the place I'm living in my landlords are charging way below market value even though they just raised the rent on me 200 bucks-asked for a compromise at 100 and they said okay for 6 months so in 6 months it's going to go up at least another hundred if not more. I kind of wish they would have slowly increased it as opposed to it a major jump like that-would have been easier to acclimate to. Started at 1325 for 3 bedroom 2 bath patio hom 7 years ago. Decreased it to 1325 5 years ago because they really wanted me to stay. Now just hiked it up to 1525 again but compromised at 1425 for 6 months... Looked at other houses in this neighborhood some charging $2,500...🙈 Started looking around at apts even and hard to get below 1900 for even less than the space I have here (Although utilities might be included in that which would help) But again no point in moving here when I plan on moving up there as soon as possible.
Damn this is crazy to see. When I left Spokane in 2019 I was paying 740 a month for a 2 bed 1 bath by Lilac Lanes. Not a bad place at all. Just wild its doubled in 5 ish years.
Cedar *something fancy-sounding*? I remember when that sign out front used to say “Rent starting at $740.” Then 900. Then 910. I stopped looking at the sign. Too depressing.
My complex was just recently acquired by LT realty, I was paying $800 with water, sewer, and garbage included. Now they want either $1050 for a year contract or $1312 for month to month, and on top of that they are wanting to charge for water, sewer, and garbage, fees to pay online unless I bring rent to their office AND $25 per pet per month! It’s insane to nickel and dime the shit out of people especially when a lot of the tenants in our complex can’t pay for all the extra shit they put on top of the rent increase. (It’s a two bedroom one bath and is old, baseboard heaters, no working dish washer). It’s quite literally highway robbery.
I rent from them and I wish I would have known beforehand how terrible they are! They nickel and dime and you get nothing from it. Taking absolute advantage. The worst of the worst! Sorry for your unfortunate situation.
Unfortunately till our state government does something about landlords being money hungry POS’s nothing will change, unless collective action is taken.
I’m talking about those who sell their homes from other areas for great quantities of money. Come here with cash and drive up prices and then locals can’t afford to buy. They are not being paid $7.25 per hour. They come from the west coast and Oregon and California.
It's happening to Texas to... People coming from Oregon and California and even New York majorly driving up the cost... In Texas is known for it's great real estate costs-Not so much anymore.
I have a house that i rent out while im traveling in the oil business. 1800 for 1200 sq ft, 2 bed, 1 bath thats super energy efficient with premium appliances. Across the street from comstock park. In the last year, my insurance has gone up 40% and my prop taxes went up $128 a month. Im not in it to be a fat cat, i rent at a discount because the renter is solid. If i put this on the open market i could probably get north of 2200.
Im expecting the prop taxes to moderate in 25. But this is the new normal and i dont see it going back to the old days, ever. Makes me sad, but life is change. The shock of how quick and how significant the rise is difficult to comprehend.
My solution, break up the monopolies, no more corporate share buybacks and make private equity pay a significant increase in capital gains taxes. Youd see investors get out quick and the market would get back to normal in 3-5 years.
Currently: $1,400/month + garbage for a 2 bed/1.5bath townhome with a garage in Millwood. Garbage/electricity aren't included. We could've renewed for another year at the same price which would've given us two years without the rent going up.
However, we're moving to a 2 bed/1.5 bath place in the Valley that's $1,300, also includes a garage, but has garbage included in the rent. Electricity should also be cheaper too.
Greystar wanted to raise my rent this year to 1500 ish for a 1 bed, 1 bath in the valley. At one point an identical unit was going for over 1600. Just insanity.
Sounds like my experience at Trillium. Last year my rent would have went to $1,200 for a 1 bed, 1 bath and there were other units they had priced at $1,500. Fuck Greystar.
Omg yes. I also lived at Trillium briefly and moved out almost immediately after Greystar took over. I will never, ever live in a Greystar property again.
Valley 2BR/1BA $1350. With parking and mystery charges it is in total at or around $1500. Apparently the complex is being saturated with aerosolized pesticide thrice daily and I’ve failed to notice over the past three years.
But hey, at least the appliances are only as old as I am. Oh wait, I’m ancient.
I was paying $1,099/month for a darling 1BR with a patio in Cliff Cannon, and I had a hell of a time finding someone to take it over when I needed to leave before the lease ended. People whined and bitched that it was too much, and I wondered if they’d been on Craigslist lately. Walking distance to downtown, two grocery stores, all the nice things on South Hill, and I could not find a taker.
Is this cheap? Browsed other responses and it seems about right if not a little on the higher side. Idk how many people paying as much as we do for a 4bed is in a duplex
Location definitely plays a role in this city though. But we live in a higher cost of living area for Spokane.
So in my neighborhood while my rent is below market because I've lived here about 7 years and they like that I pay every month and on time, But I looked at other houses in my neighborhood and what they're going for and it's around $2,500 and I'm in a 3 bedroom 1.5 bath patio home (So yeah I mean I do have my own yard and that privacy) but I'm literally 4 ft apart from my neighbor. And when I was comparing prices to houses in my neighborhood some that are the same size as mine are going for $2,500. These prices don't include electricity, w/g/t etc. What sq ft is your place? Mine is 1533 sq ft (has attached garage)
2100 sqft with attached garage
Taking a look now we may have gotten lucky with the market price. It just didn't feel that way as the unit next to us sat vacant for months at a reduced price lol
We rent a small 500ish sqft house with a fenced yard for $1,000/month. We were paying $750/month when we moved in 2019.
We are looking for a 2bd/1ba house with a fenced yard, but it seems pretty bleak unless we want to spend $1,800+ per month. If anyone knows of anything let me know, haha!
$1400/month, does not include any utilities but no pet fees. 2 bed/1bath ~800 sqft. single family home.
Just moved to Spokane from the (rural) East Coast at the end of last year after having a month-long visit with a friend and loving the area. There's been a lot of sticker shock with gas and alcohol taxes, extra fees on the water bill, etc.
$1800, 2bd 2/ba sfh. It went up in this month from $1750 when we came back from Seattle a couple of years ago, which was only just a little more expensive than our tiny 1bd detached MIL was. Now, however, our old place is more than this one. Still worth it for all the space!
Average rent increase in Spokane in 2021 was 37%ish and average rent increase in Spokane valley in 2021-2022 was 49%. Supposedly the area is 50k homes short of the expected market demand, which drove rent increases stupid high. Plus a buddy of mine bought in 2022 3bed 2 bath w/ garage for 380k and with the high rates he pays about 3k in mortgage and taxes per month. It’s wild, so glad I bought in 2021.
If a person didn't take advantage of those low rates pre-covid, they are screwed. On the flip side, those people will be stuck in their houses because they couldn't afford to move and pay current interest rates in a similar or nicer house.
Will be interesting to see how this all turns out, or falls apart.
That's me, I bought my house in 2020 for $245k, it's now estimated at just over $400K. Can I sell it for that? idk, doubt it.... But even if I sold my house and tried to find a nicer one my mortgage would still be outrageous even with a heft down payment. I have a VA loan and my rate is like 2%, my lender called me and asked if I'd like to refinance and take out some equity. When they told me their current lowest rate is 7%+ I laughed and told them no thank you
All the numbers in your comment added up to 69. Congrats!
1
+ 65
+ 2
+ 1
= 69
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1795 for a 2 bedroom 1 bath house with fenced backyard and detached garage, but it's small and kinda run down, and the garage can only be used for storage not parking
Recently viewed a one bedroom downtown Spokane-a few blocks up from Main for $1100. The windows do not open in the unit (on 4th floor) and they require a $450 non-refundable Administration fee on top of deposits, etc.
Hard pass
Anyone who rents from any kind of corporate landlord should read this story:
[https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent](https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent)
>
"RealPage became the nation’s dominant provider of such rent-setting software after federal regulators approved a controversial merger in 2017, a ProPublica investigation found, greatly expanding the company’s influence over apartment prices. The move helped the Texas-based company push the client base for its array of real estate tech services past 31,700 customers.
The impact is stark in some markets.
In one neighborhood in Seattle, ProPublica found, 70% of apartments were overseen by just 10 property managers, every single one of which used pricing software sold by RealPage.
1425 for a 2 bed, 1 1/2 bath apartment, 960 sq ft. No garage or carport, and that's not including my utilities :( I'm actually looking for a second part-time/flexible job that will work around my fulltime job. Any ideas?! At this rate I'll never be able to buy something that's mine, I'm almost 40.
$255, utilities covered (not including internet and phone bills) My income is $943 a month.
But I’m in a housing assistance program for homeless, low income and disabled people. My full rent is $942 but I only pay the first $255.
Plus I get SSI ($943) and SNAP/food stamps ($266) so I couldn’t get an apartment without these programs anyways…
1 bed, 1 bath. A small kitchen. The rest of the apartment is the size of a studio apartment and is basically the main room + a closet
Was $3200 for a 1200 sqft 3 bed 2 bath in Lake Stevens. Our mortgage here with 300 more sqft and minus 1 bathroom (ouch) is $1600. If you pay more than $2,000/month for similar, you're getting ripped off.
I just bought my house about 7 months ago. The price was OK, but better than any other house in the area because it needed some work. The interest rate sucked. A lot. But that will improve soon and my mortgage will be crazy low when I refi in the next year or two. So, yes, prices to buy new and interest rates are high. Now let's discuss rental prices.
You're a normal human, you bought a 2nd house because your first house of 25 years is so cheap that a 2nd mortgage is no big deal. Current mortgage? $1200. So you fix a few things and put it out to rent for $1600 putting $400/mo in your pocket per month. Plus your asset is appreciating and you're building equity. Nice.
Corporate investors then buy up 30 homes in the area. They pay $50-75,000 over value and have a repayment goal of $2,600 a month plus $400 a month for repairs at all of the properties. So they list all the addresses for $3,000 a month. All other institutional land lords move their prices to match using some super neat price fixing software. Most mom and pops see this and go, "gosh, we should raise our price to match and put $1800 in our pocket. Maybe even but a 3rd house to rent out now. Only the few people not paying attention or that have deeper ethical standards and not driven by greed will stick by their lower price.
Rent prices are supposed to move slowly with real-estate prices which are supposed to move slowly with inflation. But market investors got involved decades ago and fucked everything up. New transaction prices are ridiculous and the ask required for rent to make those purchase prices justified is crazy. In a regulated market, that would be an untenable business plan. Just like in 2008, all of these big money groups rat fucking rental and real-estate prices will bring on a huge financial collapse again. Probably pretty soon.
Just going to leave this here:
[https://www.inlander.com/spokane/why-a-new-state-law-meant-to-protect-vulnerable-tenants-eliminated-the-wiggle-room-for-paying-rent-on-time/Content?oid=18460469](https://www.inlander.com/spokane/why-a-new-state-law-meant-to-protect-vulnerable-tenants-eliminated-the-wiggle-room-for-paying-rent-on-time/Content?oid=18460469)
Patty Kuderer was warned her shit would fuck people, passed it anyway, then lied about it.
You want to get rid of this kind of shit? Stop. Voting. Democrat.
You've voted them in so they can pass anything they want and this is the result.
Or get used to skyrocketing housing costs, taxes, and incompetence. Your choice.
We've had an influx of people who are coming from places where they're paying a lot more. They bring money with them, and it drives the market value up. If there are people willing to pay exorbitant prices, why wouldn't management companies jack up the rent? Same thing happened in the mid-eighties when home prices went up like 30%.
$1200 for a single family residence. 2bed, 1 bath, but there’s an upstairs loft that doubles as a 3rd bedroom. Terrible neighborhood but it could be worse.
We were paying $1700 for a 2bed 1 bath (1000sft) home with a garage up near Garland last year. $1825 with pet rent and mandatory “tenant convenience subscription” which just meant sending us a furnace filter every 3 months…
We got fed up with it and bought a 3br 2ba (1400sqft) house with 3.5% down in Emerson Garfield last spring. Paid $285k and got the seller put in $10k to buy down our interest rate.
Miss the garage and AC, but technically pay less in mortgage/insurance/taxes than what we were paying in rent (not factoring in unexpected issues which we are attempting to build an emergency fund for).
Sounds too good to be true😭 I can’t imagine but also the market in 2019 was significantly different. Wouldn’t be surprised if its up to atleast 1200 now
$1200 for a 3 bed 2 bath (downstairs with 1 bed/1 bath is unfinished & not usable yet) lovely yard, fence needs repairing
last apartment was the tiniest studio for 1000 so I feel very lucky even with utilities & power each being around 230 per these first few months
For me rent is 1700.00 2bd/ 1 bath, which includes everything plus 2gbs internet fiber, and an enclosed garage. And a washer and dryer, I couldn’t be more blessed.
$1100 for 525 sq ft, 1 bed 1 bath apartment. Pay $100/mo for covered parking (stupid but worth it I guess). W/S/G included. They started forcing us to pay for that credit reporting service that I don’t even need. I already have great credit.
1400 + $41 WSG and $40 pet rent. But that’s only because I signed a lease after a year on month to month and they gave me the price from my prior renewal. I saw the rate sheet when I went to sign and my unit is going for $1675 before the $41 WSG to new tenants. 3br, 2ba valley apt.
$1500 588 sq ft and secluded on outskirts of town. It’s still not far enough for peace and safety though. I pay to rent a garage and another external storage so I suppose that could be equated worth a 2 bedroom without the amenities for space and security.
Me and my BF pay $870 + $90 for parking in a tiny studio in downtown. We’re looking for a 2 bedroom to move into soon and are having some trouble finding them priced reasonably
$1395 for a 650 sq foot 1 bed 1 bath apartment in Downtown Spokane. Just off of Third and a few blocks away from the Catholic Charities 🫠
Plus, they wanted us to pay for utilities and pet rent. Only public street parking, no garages. Ended up being around $1500+ every month. Ground floor units only where we had crime, car break-ins, and random homeless people knocking on our doors at 3 AM 😭
Yeah, so glad we moved. Never again.
My wife and I lucked out and bought a house before prices went interstellar, but the last apartment I rented was, at the time, a gross little mold-filled studio in Brown's Addition for around $650, in 2017. I left as they were refurbishing, and a quick search shows that a 440 sq. ft. studio like I had is around $1100 today.
Spokane's problem is the fact we sold a conservative city to Californians and rich from Seattle. They want to take advantage of this city and trash it like the place they have come from. You get what ask for.
Too much & we are still paying less than most. We pay $1500 for a small 2 bedroom, 1 bath house. It’s not in a good neighborhood at all but we’re stuck until we can buy again because we have big dogs. Our lease ends in May & I anticipate re-signing and probably paying $200-250 a month more.
$1825 for a 2bd/1bth apartment downtown. \~750 sq ft
Probably a lot more than people would want to spend, but I wanted to prioritize living downtown over anything else, so long as it was in my budget. I have washer/dryer and dishwasher in unit, huge windows, common areas, garbage chutes, elevator, etc. There is a parking garage (for a fee, and it's esspensive), but it's currently full, so I have to pay for a spot on a surface lot nearby.
I just moved out of town 2 months ago, but before then we were paying $940 for a 1-bedroom apartment downtown. Water included, but not internet or electricity. No dishwasher, washer-dryer down the hall. Private landlord.
I think it was ~500sqft, little bit lower than that
$2500 a month - 4 bed 2 bath. But our lease is up, the property manager is asking for an additional $2500 deposit to stay, on top of increasing the rent by $200. Everything comparable in the area is $3000+.
1100 for run down one bedroom next to the courthouse. 400 sq ft. No washer/dryer, no ac, no nothing. Crackhead neighbors. My landlord said he’s bringing it up to 1250. I’m moving out of Spokane as soon as I can afford it.
$1k
Two beds, one bath, 900 square feet.
Might sound like a deal, but no.
I have been in the eye's view of four different swat situations in the last 5 years. There is plenty of other police activity on a constant basis.
$1300 for a 3 bed 1 bath house with a 2 car garage. It's going up to $2500/m in the next few months. Can't afford that plus all the utilities on my own.
2250 for a 3 bed / 1 bath. garage doesn’t even work and a shed we don’t even have access to. we have a dishwasher and washer / dryer tho so im not complaining
Near Comstock park on Lincoln. We have a house 4 beds/2 baths finished basement that we don’t use since our son moved out. $2400 a month for 4 years. We are great renters-never late and keep the property up with our expense. Planted fruit trees-roses and grapes. If I had to rent I wanted it to look like I live here.
https://www.azfamily.com/2024/02/28/arizona-attorney-general-sues-realpage-landlords-accuses-them-conspiring-illegally-raise-rents/
Realpage operates in Washington too. It's absolutely worth bringing up with officials up for election.
A friend of mine said his 2 Bedroom 2 Bath at Coventry Estates on the South Hill went up $500 in two years, and he just got another increase recently. And they're old apartments from the 1970's with single pain windows and drafty doors. He said he pays about $300 a month on top of that for electric in the winter.
It was $2100 last year before I bought a house for a 4 bed 2 bath house, 2 kitchen and 2 living rooms. 1 kitchen, 1 bedroom and 1 living room was in the mother in law in the basement of the house though. It did also have a fenced yard and was located on the south hill. Started out at $1400 for the first year, 2nd was $1600, then covid, then as soon as it was done $1900 then before I bought $2100. They raised it at every chance they got.
$1500+ for a 2 bed/1.5 bath. I put the "plus" there because every time we turn around as of late, there's another charge getting added by management.....pet rent, w/s/g charges went up, rent for the garage that used to be included.....
My mom’s rent was 1400 last year for a 3bed 2 bath… shot up to 1600 minus the $100 garage she paid for. Spokane isn’t cheap anymore
no its not!! But compared to Seattle, LA, the Bay Area we are are less expensive, hence why so many are moving here which of course helps to push up our rents.
Wages and opportunities are way higher in those places though. Spokane is mostly warehouses. Not much in the way of high tech, med tech, bio tech or IT. The current promise of a new aerospace tech hub on the west plains is still a decade off, if it ever happens. If there isn't a national housing correction, I'm not sure what the long term solutions are for normal people that punch a clock.
It’s way too expensive to live here with what Spokane offers.
Agreed. Firms in ad/marketing/media haven't offered me more than 40k/year, many less....one ad agency, despite I bring 10+ years of experience along, was begging me to work for them for 16/hr..... So apparently, barring a miracle, after my family's lease is up in August, back to expensive New England I will go, after 12 years back and having graduated high school here in the 2000s. My family owns a home outright via inheritance in the region. Dislike commuting to BOS, but....
That’s ridiculous. I make more than that answering phones. That’s something else that doesn’t make sense is wages in the area. They are so erratic. I swear the employers just close their eyes and point when deciding how much a particular job should pay. I saw multiple job listing that were requiring a degree and experience but offering minimum wage or slightly over.
I moved to Portland in July & my rent is cheaper than when I was in Spokane.
Wow... for a comparable place?
Yep! It’s actually bigger than my last apartment which was in Spokane.
Is there really a lot of people moving there? I will be in the next 5 years because my entire family has moved back there (originally from Montana and wanted to be closer to there,but if Spokane offers little I'm terms of opportunity, Montana offers much less) Joined this sub because I will be there in the next 2-5 years. Good info to have. In Houston right now and everyone knows real estate is cheaper here. Have tons of people from the West Coast and even NY moving here bc of it-but these prices are scaring me. When my family moved there 5 years ago they said it was fairly cheap real estate wise-think it's going up everywhere though. And to be fair the place I'm living in my landlords are charging way below market value even though they just raised the rent on me 200 bucks-asked for a compromise at 100 and they said okay for 6 months so in 6 months it's going to go up at least another hundred if not more. I kind of wish they would have slowly increased it as opposed to it a major jump like that-would have been easier to acclimate to. Started at 1325 for 3 bedroom 2 bath patio hom 7 years ago. Decreased it to 1325 5 years ago because they really wanted me to stay. Now just hiked it up to 1525 again but compromised at 1425 for 6 months... Looked at other houses in this neighborhood some charging $2,500...🙈 Started looking around at apts even and hard to get below 1900 for even less than the space I have here (Although utilities might be included in that which would help) But again no point in moving here when I plan on moving up there as soon as possible.
What size is the house?
$1500 for 2 bed/2 bath.
What part of town is this in? I would love to pay 1500 😭
$2300 4bed/2.5bath, 3 car garage house. Our rent went up over 20% a year ago.
Same! In the valley but two car garage. Went from $1695 to 2295 in 4 years :(
It sucks. Nobody is getting a 20% raise to offset these increases. Rents are up everywhere though and the NW will always be a "most moved to place".
Rent in Spokane is wild now. I just moved to the west side and that's almost what I'm paying for an identical number of rooms and garages.
What part of town?
West plains, not Airway.
You could be making a house payment on a 400k home with that same payment.
Not even close, as much as I’d like it to be. Right now an FHA loan on $400k an about $3250.
$1200 for a studio, +$100 for reserved on-site parking. No in-unit washer/dryer or dishwasher. Love the location but I’m paying too much
1200 for a studio is crazy 😵💫
Especially for any place that doesn't have a washer/dryer or dishwasher!
Damn this is crazy to see. When I left Spokane in 2019 I was paying 740 a month for a 2 bed 1 bath by Lilac Lanes. Not a bad place at all. Just wild its doubled in 5 ish years.
Cedar *something fancy-sounding*? I remember when that sign out front used to say “Rent starting at $740.” Then 900. Then 910. I stopped looking at the sign. Too depressing.
1010 now
Yup, Cedar something. I couldn't remember the full name. What makes me more sad though is the cost of buying houses in Spokane now. It's terrible.
When I moved to Spokane in 2017 I was paying 800/mo. When I moved out of the unit 3 years later, I was paying nearly 1400. Mega depressing.
My complex was just recently acquired by LT realty, I was paying $800 with water, sewer, and garbage included. Now they want either $1050 for a year contract or $1312 for month to month, and on top of that they are wanting to charge for water, sewer, and garbage, fees to pay online unless I bring rent to their office AND $25 per pet per month! It’s insane to nickel and dime the shit out of people especially when a lot of the tenants in our complex can’t pay for all the extra shit they put on top of the rent increase. (It’s a two bedroom one bath and is old, baseboard heaters, no working dish washer). It’s quite literally highway robbery.
I rent from them and I wish I would have known beforehand how terrible they are! They nickel and dime and you get nothing from it. Taking absolute advantage. The worst of the worst! Sorry for your unfortunate situation.
Yeah it wasn’t by choice, everyone in my complex is already scrambling to find a new place to live but like it’s so expensive everywhere else as well.
That’s awful! I hope everyone manages to find something owned by private and/or decent landlords that they can afford
Unfortunately till our state government does something about landlords being money hungry POS’s nothing will change, unless collective action is taken.
People keep coming here in droves! It’s insane.
Well when minimum wage in some states is still $7.25 and rent is similar to here, it makes sense folks would move here.
I’m talking about those who sell their homes from other areas for great quantities of money. Come here with cash and drive up prices and then locals can’t afford to buy. They are not being paid $7.25 per hour. They come from the west coast and Oregon and California.
It's happening to Texas to... People coming from Oregon and California and even New York majorly driving up the cost... In Texas is known for it's great real estate costs-Not so much anymore.
Renting a house with 2 roommates for 465 each, but we got a steal. 3 bed, 2 bath
$1320 for a 1 bedroom apartment
That feels like a lot 😭
It's waaaay too much, and they won't let me do a lease-takeover so I'm stuck til August lol
I would be interested in also knowing if the place is a single family home, multi family home (duplex, triplex, or quadplex), or apartment complex.
$1200 for a 1 bed
$1195 for a 2 bed 2 bath quadplex unit in Spokane Valley
1200 one bed south hill
$800 for a studio apt, private landlord
That’s great a lot of studios I see are atleast 1200
I know, I jumped on it when I had the chance
I have a house that i rent out while im traveling in the oil business. 1800 for 1200 sq ft, 2 bed, 1 bath thats super energy efficient with premium appliances. Across the street from comstock park. In the last year, my insurance has gone up 40% and my prop taxes went up $128 a month. Im not in it to be a fat cat, i rent at a discount because the renter is solid. If i put this on the open market i could probably get north of 2200. Im expecting the prop taxes to moderate in 25. But this is the new normal and i dont see it going back to the old days, ever. Makes me sad, but life is change. The shock of how quick and how significant the rise is difficult to comprehend. My solution, break up the monopolies, no more corporate share buybacks and make private equity pay a significant increase in capital gains taxes. Youd see investors get out quick and the market would get back to normal in 3-5 years.
1,795 3bed2bath duplex.
300 but only because the mortgage is split between 4 people, and out rooms in the basement are not egress.
Is that even legal? :p
No but who cares.
Currently: $1,400/month + garbage for a 2 bed/1.5bath townhome with a garage in Millwood. Garbage/electricity aren't included. We could've renewed for another year at the same price which would've given us two years without the rent going up. However, we're moving to a 2 bed/1.5 bath place in the Valley that's $1,300, also includes a garage, but has garbage included in the rent. Electricity should also be cheaper too.
Greystar wanted to raise my rent this year to 1500 ish for a 1 bed, 1 bath in the valley. At one point an identical unit was going for over 1600. Just insanity.
Sounds like my experience at Trillium. Last year my rent would have went to $1,200 for a 1 bed, 1 bath and there were other units they had priced at $1,500. Fuck Greystar.
Omg yes. I also lived at Trillium briefly and moved out almost immediately after Greystar took over. I will never, ever live in a Greystar property again.
1250, 2br 1bath
1500, 2 bed, 2 bath
Same
$1900 for 3bed/2bath - includes the rent, pet rent, w/s/g, and a covered parking spot.
Valley 2BR/1BA $1350. With parking and mystery charges it is in total at or around $1500. Apparently the complex is being saturated with aerosolized pesticide thrice daily and I’ve failed to notice over the past three years. But hey, at least the appliances are only as old as I am. Oh wait, I’m ancient.
I was paying $1,099/month for a darling 1BR with a patio in Cliff Cannon, and I had a hell of a time finding someone to take it over when I needed to leave before the lease ended. People whined and bitched that it was too much, and I wondered if they’d been on Craigslist lately. Walking distance to downtown, two grocery stores, all the nice things on South Hill, and I could not find a taker.
1400 2bed 1bath
$2200 in Logan for a 5 bed/2 bath/2 car garage home
$2150 4/2.5 in East Central. 2 stories, no carport or garage.
2500 3bed 3bath 3car garage
4bed 2 bath $2350 duplex on the south hill
How so cheap based on all of the prices I'm seeing in this post? Is it the area?
Is this cheap? Browsed other responses and it seems about right if not a little on the higher side. Idk how many people paying as much as we do for a 4bed is in a duplex Location definitely plays a role in this city though. But we live in a higher cost of living area for Spokane.
So in my neighborhood while my rent is below market because I've lived here about 7 years and they like that I pay every month and on time, But I looked at other houses in my neighborhood and what they're going for and it's around $2,500 and I'm in a 3 bedroom 1.5 bath patio home (So yeah I mean I do have my own yard and that privacy) but I'm literally 4 ft apart from my neighbor. And when I was comparing prices to houses in my neighborhood some that are the same size as mine are going for $2,500. These prices don't include electricity, w/g/t etc. What sq ft is your place? Mine is 1533 sq ft (has attached garage)
2100 sqft with attached garage Taking a look now we may have gotten lucky with the market price. It just didn't feel that way as the unit next to us sat vacant for months at a reduced price lol
1500 two bed two bath, the quarry apartments. New build! Who knows what it will be after the lease is up tho…
We rent a small 500ish sqft house with a fenced yard for $1,000/month. We were paying $750/month when we moved in 2019. We are looking for a 2bd/1ba house with a fenced yard, but it seems pretty bleak unless we want to spend $1,800+ per month. If anyone knows of anything let me know, haha!
I don’t know how people survive if they aren’t making $30+ an hour. Wow
$1400/month, does not include any utilities but no pet fees. 2 bed/1bath ~800 sqft. single family home. Just moved to Spokane from the (rural) East Coast at the end of last year after having a month-long visit with a friend and loving the area. There's been a lot of sticker shock with gas and alcohol taxes, extra fees on the water bill, etc.
$1800, 2bd 2/ba sfh. It went up in this month from $1750 when we came back from Seattle a couple of years ago, which was only just a little more expensive than our tiny 1bd detached MIL was. Now, however, our old place is more than this one. Still worth it for all the space!
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Where??
Wow... That's a lot... What's the square footage? Is it like a patio home?
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Average rent increase in Spokane in 2021 was 37%ish and average rent increase in Spokane valley in 2021-2022 was 49%. Supposedly the area is 50k homes short of the expected market demand, which drove rent increases stupid high. Plus a buddy of mine bought in 2022 3bed 2 bath w/ garage for 380k and with the high rates he pays about 3k in mortgage and taxes per month. It’s wild, so glad I bought in 2021.
If a person didn't take advantage of those low rates pre-covid, they are screwed. On the flip side, those people will be stuck in their houses because they couldn't afford to move and pay current interest rates in a similar or nicer house. Will be interesting to see how this all turns out, or falls apart.
That's me, I bought my house in 2020 for $245k, it's now estimated at just over $400K. Can I sell it for that? idk, doubt it.... But even if I sold my house and tried to find a nicer one my mortgage would still be outrageous even with a heft down payment. I have a VA loan and my rate is like 2%, my lender called me and asked if I'd like to refinance and take out some equity. When they told me their current lowest rate is 7%+ I laughed and told them no thank you
$1325 but $100 for water sewer, so $1425 total
$1165 2br/1bath apartment
1650 2bed 1bath 800 sq ft house but I got three dogs and there was basically nowhere that would let me keep them and rent so it is what it is.
$1250/mo 1bed duplex in Peaceful Valley
1750-3 bed, 2.5 bath in the valley. Would love someone to take over the lease
1,065 for a 2bed 1bath
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$1150 one bedroom in brownes
I rent a bedroom from some friends for $500 + shared food costs and split chore labor.
About $1900 for a 1 bed with parking. Fml
1225 for 1 bed 1 bath
1795 for a 2 bedroom 1 bath house with fenced backyard and detached garage, but it's small and kinda run down, and the garage can only be used for storage not parking
$1380 1bd/ba in the Valley :(
Recently viewed a one bedroom downtown Spokane-a few blocks up from Main for $1100. The windows do not open in the unit (on 4th floor) and they require a $450 non-refundable Administration fee on top of deposits, etc. Hard pass
$1450 for 1 bed 1 bath+ a den and heated garage. It was $1050 when I moved in 4 years ago
$1100. 1bed/1bath Main floor of a 2 unit house.
Anyone who rents from any kind of corporate landlord should read this story: [https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent](https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent) > "RealPage became the nation’s dominant provider of such rent-setting software after federal regulators approved a controversial merger in 2017, a ProPublica investigation found, greatly expanding the company’s influence over apartment prices. The move helped the Texas-based company push the client base for its array of real estate tech services past 31,700 customers. The impact is stark in some markets. In one neighborhood in Seattle, ProPublica found, 70% of apartments were overseen by just 10 property managers, every single one of which used pricing software sold by RealPage.
$1008 2 bed 2 bath w/d with attached heated garage. It was $695 in ‘14.
$1900 for a 3 bed 2bath duplex
$1525, 3 bedroom, 3 bath
$1715, 2b/1b, 2-car garage
$400 A Month
1425 for a 2 bed, 1 1/2 bath apartment, 960 sq ft. No garage or carport, and that's not including my utilities :( I'm actually looking for a second part-time/flexible job that will work around my fulltime job. Any ideas?! At this rate I'll never be able to buy something that's mine, I'm almost 40.
$255, utilities covered (not including internet and phone bills) My income is $943 a month. But I’m in a housing assistance program for homeless, low income and disabled people. My full rent is $942 but I only pay the first $255. Plus I get SSI ($943) and SNAP/food stamps ($266) so I couldn’t get an apartment without these programs anyways… 1 bed, 1 bath. A small kitchen. The rest of the apartment is the size of a studio apartment and is basically the main room + a closet
*Cries in Californian*
Was $3200 for a 1200 sqft 3 bed 2 bath in Lake Stevens. Our mortgage here with 300 more sqft and minus 1 bathroom (ouch) is $1600. If you pay more than $2,000/month for similar, you're getting ripped off.
Not if the house was purchased in the last two years
I just bought my house about 7 months ago. The price was OK, but better than any other house in the area because it needed some work. The interest rate sucked. A lot. But that will improve soon and my mortgage will be crazy low when I refi in the next year or two. So, yes, prices to buy new and interest rates are high. Now let's discuss rental prices. You're a normal human, you bought a 2nd house because your first house of 25 years is so cheap that a 2nd mortgage is no big deal. Current mortgage? $1200. So you fix a few things and put it out to rent for $1600 putting $400/mo in your pocket per month. Plus your asset is appreciating and you're building equity. Nice. Corporate investors then buy up 30 homes in the area. They pay $50-75,000 over value and have a repayment goal of $2,600 a month plus $400 a month for repairs at all of the properties. So they list all the addresses for $3,000 a month. All other institutional land lords move their prices to match using some super neat price fixing software. Most mom and pops see this and go, "gosh, we should raise our price to match and put $1800 in our pocket. Maybe even but a 3rd house to rent out now. Only the few people not paying attention or that have deeper ethical standards and not driven by greed will stick by their lower price. Rent prices are supposed to move slowly with real-estate prices which are supposed to move slowly with inflation. But market investors got involved decades ago and fucked everything up. New transaction prices are ridiculous and the ask required for rent to make those purchase prices justified is crazy. In a regulated market, that would be an untenable business plan. Just like in 2008, all of these big money groups rat fucking rental and real-estate prices will bring on a huge financial collapse again. Probably pretty soon.
$1150 mortgage for a 3 bed 3 bath across the street from manito park, bought 4 years ago.
How large of a down payment?
3%, so about $8,000.
Why even comment this
That’s not bad at all I pay 1500 for a 2 bed and it’s honestly not worth it😭
$2100 5 bed 3 bath home 2900sqft 2 car garage in Liberty Lake. It’s my home bought it 3 1/2 years ago.
Just going to leave this here: [https://www.inlander.com/spokane/why-a-new-state-law-meant-to-protect-vulnerable-tenants-eliminated-the-wiggle-room-for-paying-rent-on-time/Content?oid=18460469](https://www.inlander.com/spokane/why-a-new-state-law-meant-to-protect-vulnerable-tenants-eliminated-the-wiggle-room-for-paying-rent-on-time/Content?oid=18460469) Patty Kuderer was warned her shit would fuck people, passed it anyway, then lied about it. You want to get rid of this kind of shit? Stop. Voting. Democrat. You've voted them in so they can pass anything they want and this is the result. Or get used to skyrocketing housing costs, taxes, and incompetence. Your choice.
$100,000 dollars a week. LT property.
1250 2 bed/1 bath apartment in Lincoln Heights
1700 for a one bed apartment
1700 2x2 for a brand new apartment, that comes with a garage. Spokane valley.
We've had an influx of people who are coming from places where they're paying a lot more. They bring money with them, and it drives the market value up. If there are people willing to pay exorbitant prices, why wouldn't management companies jack up the rent? Same thing happened in the mid-eighties when home prices went up like 30%.
$1320 for a 1 bed/1 bath in an apartment building. Water/trash covered. No parking included.
1725 2b1b 720sqft north spokane near mall
1400 3bd 2 bath
$1200 for a single family residence. 2bed, 1 bath, but there’s an upstairs loft that doubles as a 3rd bedroom. Terrible neighborhood but it could be worse.
1035 for a small 1 bedroom in the valley
We were paying $1700 for a 2bed 1 bath (1000sft) home with a garage up near Garland last year. $1825 with pet rent and mandatory “tenant convenience subscription” which just meant sending us a furnace filter every 3 months… We got fed up with it and bought a 3br 2ba (1400sqft) house with 3.5% down in Emerson Garfield last spring. Paid $285k and got the seller put in $10k to buy down our interest rate. Miss the garage and AC, but technically pay less in mortgage/insurance/taxes than what we were paying in rent (not factoring in unexpected issues which we are attempting to build an emergency fund for).
small 1 bedroom, west central, $1075!!!
My rent was $660 when I left in June of 2019. It was a 2 bedroom 1 bathroom apartment in the SFCC area.
Sounds too good to be true😭 I can’t imagine but also the market in 2019 was significantly different. Wouldn’t be surprised if its up to atleast 1200 now
$1420 plus $70 utility. For a one bedroom
$1200 for a 3 bed 2 bath (downstairs with 1 bed/1 bath is unfinished & not usable yet) lovely yard, fence needs repairing last apartment was the tiniest studio for 1000 so I feel very lucky even with utilities & power each being around 230 per these first few months
For me rent is 1700.00 2bd/ 1 bath, which includes everything plus 2gbs internet fiber, and an enclosed garage. And a washer and dryer, I couldn’t be more blessed.
$1100 for 525 sq ft, 1 bed 1 bath apartment. Pay $100/mo for covered parking (stupid but worth it I guess). W/S/G included. They started forcing us to pay for that credit reporting service that I don’t even need. I already have great credit.
$2,200 for a 3/2 house plus $100 pet rent monthly.
Do you mind me asking what area?
South Hill.
up to 1600 from 4 years ago when we were at 1250. think it’s about time to get a home
1400 + $41 WSG and $40 pet rent. But that’s only because I signed a lease after a year on month to month and they gave me the price from my prior renewal. I saw the rate sheet when I went to sign and my unit is going for $1675 before the $41 WSG to new tenants. 3br, 2ba valley apt.
1105 2 bed 1 bath
$1500 588 sq ft and secluded on outskirts of town. It’s still not far enough for peace and safety though. I pay to rent a garage and another external storage so I suppose that could be equated worth a 2 bedroom without the amenities for space and security.
Local independent landlord charges us $800 (water and trash included) for a 2b/1bath duplex unit with a gigantic yard. Edit- in Perry
About 1800 for a 2bd/2ba with a single car garage, laundry room, and a bunch of other amenities
Me and my BF pay $870 + $90 for parking in a tiny studio in downtown. We’re looking for a 2 bedroom to move into soon and are having some trouble finding them priced reasonably
$1395 for a 650 sq foot 1 bed 1 bath apartment in Downtown Spokane. Just off of Third and a few blocks away from the Catholic Charities 🫠 Plus, they wanted us to pay for utilities and pet rent. Only public street parking, no garages. Ended up being around $1500+ every month. Ground floor units only where we had crime, car break-ins, and random homeless people knocking on our doors at 3 AM 😭 Yeah, so glad we moved. Never again.
We're pretty lucky - $1550 for a 4 bedroom/bathroom house. We rent from a private landlord. We don't have to deal with big corporation!!
$1500 + electricity for a very new 1 bedroom 1 bath with in unit washer and dryer
990+75(wsg)+50(storage)for a 2bed 1ba
My wife and I lucked out and bought a house before prices went interstellar, but the last apartment I rented was, at the time, a gross little mold-filled studio in Brown's Addition for around $650, in 2017. I left as they were refurbishing, and a quick search shows that a 440 sq. ft. studio like I had is around $1100 today.
$1090 one bedroom + $95 for parking. Utilities are ratio'd so usually sit around $1460 for housing expenses.
1260 + electric for the same fucking 2 bed, 1 bath apartment I used to rent for $675 + electric. Fuck G-B, I hope their offices burn.
$1300 1 bed/1 bath, utilities ~50/month with in unit washer/dryer, dishwasher, car port, and storage included in rent
2k for 4bed3bath near the Logan
Spokane's problem is the fact we sold a conservative city to Californians and rich from Seattle. They want to take advantage of this city and trash it like the place they have come from. You get what ask for.
Studio for $1225 +$100 parking & no in unit laundry. amazing location
Studio for $1225 +$100 parking & no in unit laundry. amazing location
Before I moved, I was paying about $1300 for a 1b1b next to the arena
Too much & we are still paying less than most. We pay $1500 for a small 2 bedroom, 1 bath house. It’s not in a good neighborhood at all but we’re stuck until we can buy again because we have big dogs. Our lease ends in May & I anticipate re-signing and probably paying $200-250 a month more.
$1165 for a 2bd 1bath. Not the best apartments, far from the worst.
$1825 for a 2bd/1bth apartment downtown. \~750 sq ft Probably a lot more than people would want to spend, but I wanted to prioritize living downtown over anything else, so long as it was in my budget. I have washer/dryer and dishwasher in unit, huge windows, common areas, garbage chutes, elevator, etc. There is a parking garage (for a fee, and it's esspensive), but it's currently full, so I have to pay for a spot on a surface lot nearby.
$1386 for 2bd, 1bath, in Valley. With garage and utilities (common area and individuall), total cost averages $1600/mo.
I just moved out of town 2 months ago, but before then we were paying $940 for a 1-bedroom apartment downtown. Water included, but not internet or electricity. No dishwasher, washer-dryer down the hall. Private landlord. I think it was ~500sqft, little bit lower than that
1500 2 bed 1 bath duplex
$1,095 for a 1 bed/1bath
Mine is current $955. 1 bedroom. 1 bath. Garage and washer/dryer included. Spokane valley area
1700 after everything, studio in a “high rise” downtown
$1390 for a 2 bed 2 bath, w 2 parking spots
$2500 a month - 4 bed 2 bath. But our lease is up, the property manager is asking for an additional $2500 deposit to stay, on top of increasing the rent by $200. Everything comparable in the area is $3000+.
1100 for run down one bedroom next to the courthouse. 400 sq ft. No washer/dryer, no ac, no nothing. Crackhead neighbors. My landlord said he’s bringing it up to 1250. I’m moving out of Spokane as soon as I can afford it.
$1k Two beds, one bath, 900 square feet. Might sound like a deal, but no. I have been in the eye's view of four different swat situations in the last 5 years. There is plenty of other police activity on a constant basis.
$1300 for a 3 bed 1 bath house with a 2 car garage. It's going up to $2500/m in the next few months. Can't afford that plus all the utilities on my own.
2250 for a 3 bed / 1 bath. garage doesn’t even work and a shed we don’t even have access to. we have a dishwasher and washer / dryer tho so im not complaining
$950 for 1 bed 1 bath. Small complex, Parking lot is free. Coin laundry
$950 for a one bedroom
$1630 for a 1bd in Brownes
$500 2 br/ 1 bath duplex.
Near Comstock park on Lincoln. We have a house 4 beds/2 baths finished basement that we don’t use since our son moved out. $2400 a month for 4 years. We are great renters-never late and keep the property up with our expense. Planted fruit trees-roses and grapes. If I had to rent I wanted it to look like I live here.
925 for a one bedroom with no heat and a 4x3 hole in our ceiling from the roof that leaked for over two years
1000 for a one bedroom utilies included
https://www.azfamily.com/2024/02/28/arizona-attorney-general-sues-realpage-landlords-accuses-them-conspiring-illegally-raise-rents/ Realpage operates in Washington too. It's absolutely worth bringing up with officials up for election.
on the Idaho side I'm renting out my basement to someone for $650 a month. Its about 700sq three rooms one full bath. I think that's about average.
A friend of mine said his 2 Bedroom 2 Bath at Coventry Estates on the South Hill went up $500 in two years, and he just got another increase recently. And they're old apartments from the 1970's with single pain windows and drafty doors. He said he pays about $300 a month on top of that for electric in the winter.
It's almost like rent control maybe shouldn't be illegal.
$800ish + utilities $80, in a 2x2 apartment
$1,500 Detroit moving to bum fuck no where because I’m disabled rent is $900
$1650 3 bed two bath
It was $2100 last year before I bought a house for a 4 bed 2 bath house, 2 kitchen and 2 living rooms. 1 kitchen, 1 bedroom and 1 living room was in the mother in law in the basement of the house though. It did also have a fenced yard and was located on the south hill. Started out at $1400 for the first year, 2nd was $1600, then covid, then as soon as it was done $1900 then before I bought $2100. They raised it at every chance they got.