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ZIP Code · WA

ZIP 99037

Pop. 16,522·Spokane County·181st most expensive ZIP in Washington
Median rent (all units)
$1,630/mo
Year-over-Year
+1.6%
Month-over-Month
+1.4%
vs US Median
-$335
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 99037 · $1,630
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,280
2 BR
$1,640
3 BR
$2,240
4 BR+
$2,680
Research median
$1,640/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,560/yr
At $1,630/mo median
Location
StateWA
CountySpokane County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 99037 (Spokane Valley, WA) is majority owner-occupied, 33.5% of residents hold a bachelor's degree or higher.

Population
16,522
Median income
$87,713
Median age
37.1
Renters
35.4%
Age distribution
24.1%
22.2%
26.2%
12.5%
15%
Under 1824.1%
18–3422.2%
35–5426.2%
55–6412.5%
65+15%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
82.7%
White82.7%
Black1.1%
Hispanic6.7%
Asian1.7%
Other7.7%
Education (25+)
23.9%
37.5%
33.5%
No HS diploma5%
HS diploma23.9%
Some college37.5%
Bachelor's+33.5%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 99037 in Spokane Valley, WA has changed in 5 years

Rent
$1,373 → $1,630
up 18.7%
Income
$69,928 → $87,713
up 25.4%
Population
15,647 → 16,522
up 5.6%
Renter share
33.4% → 35.4%
+2.0 pts
Bachelor's+
26.6% → 33.5%
+6.9 pts
Median age
39 → 37.1
-1.9 yrs

Five years ago, renters in ZIP 99037 in Spokane Valley, WA paid around $1,373 a month. That figure now sits near $1,630, up 18.7% from the 2021 baseline. Median household income climbed from $69,928 to $87,713 between 2021 and 2024, a 25.4% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 99037 in Spokane Valley, WA adding about 875 residents over the five-year window, up 5.6% on net. The renter share has risen from 33.4% to 35.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 26.6% to 33.5% across the same window. Taken together, the five-year picture in ZIP 99037 in Spokane Valley, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 99037

Last updated: July 20, 2026

ZIP code 99037 covers Spokane Valley, WA. The median rent here is $1,630/mo as of July 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,640/mo.

At 22% of local median household income ($87,713/yr), ZIP 99037 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99037?

As of July 20, 2026, the median monthly rent in ZIP 99037 (Spokane Valley, WA) is $1,630. This is based on aggregated data from public sources and community submissions.

How does ZIP 99037 rent compare to the US average?

ZIP 99037's median rent of $1,630/mo is $335 (17%) below the US national median of $1,965/mo.

How does ZIP 99037 compare to other ZIPs in Washington?

ZIP 99037 is among the more affordable ZIP codes in Washington, ranking #181 out of 209 ZIPs at $1,630/mo.

How much income do you need to rent in ZIP 99037?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,630/mo in ZIP 99037. The local median household income is $87,713/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99037?

Rent in ZIP 99037 has increased 1.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 99037 an affordable place to rent?

ZIP 99037 is considered very affordable for renters. At $1,630/mo, rent takes approximately 22% of the local median household income ($87,713/yr). The standard benchmark is 30%. ZIP 99037 falls comfortably within that range.

What percentage of ZIP 99037 residents rent vs. own?

According to Census data, approximately 35.4% of ZIP 99037 households are renters, while 64.6% are owner-occupied. ZIP 99037 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 99037 compare to the rest of Spokane Valley?

ZIP 99037 is pricier than Spokane Valley as a whole. At $1,630/mo, it's $81 above the Spokane Valley citywide median of $1,549/mo.

When was rent data for ZIP 99037 last updated?

Rent data for ZIP 99037 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,630/mo, rent takes ~22% of ZIP 99037's median household income ($87,713/yr). The standard benchmark is 30%.

ZIP 99037 22%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 99037 (Spokane Valley, WA)

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