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ZIP Code · WA

ZIP 99206

Pop. 41,089·Spokane County·192nd most expensive ZIP in Washington
Median rent (all units)
$1,530/mo
Year-over-Year
+4.4%
Month-over-Month
-2.9%
vs US Median
-$435
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 99206 · $1,530
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,090
2 BR
$1,400
3 BR
$1,910
4 BR+
$2,290
Research median
$1,400/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
$18,360/yr
At $1,530/mo median
Location
StateWA
CountySpokane County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.4% YoY, -2.9% MoM), not inventory.
Demographics

Who lives here

ZIP 99206 (Spokane Valley, WA) is majority owner-occupied, 29.2% of residents hold a bachelor's degree or higher.

Population
41,089
Median income
$81,764
Median age
40.1
Renters
38.5%
Age distribution
20.5%
23.2%
25.6%
19.4%
Under 1820.5%
18–3423.2%
35–5425.6%
55–6411.3%
65+19.4%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
85.5%
White85.5%
Black1.9%
Hispanic5.6%
Asian2.4%
Other4.7%
Education (25+)
26.7%
39.6%
29.2%
No HS diploma4.6%
HS diploma26.7%
Some college39.6%
Bachelor's+29.2%
Housing tenure
61.5%
38.5%
Owner61.5%
Renter38.5%

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

2021 vs 2026

How ZIP 99206 in Spokane Valley, WA has changed in 5 years

Rent
$1,220 → $1,530
up 25.4%
Income
$64,261 → $81,764
up 27.2%
Population
42,139 → 41,089
down 2.5%
Renter share
38% → 38.5%
+0.5 pts
Bachelor's+
25.6% → 29.2%
+3.6 pts
Median age
38.4 → 40.1
+1.7 yrs

Compared with 2021, rent in ZIP 99206 in Spokane Valley, WA has climbed by $310 per month, settling near $1,530 after starting the period at $1,220. Median household income grew from $64,261 to $81,764 between 2021 and 2024, a 27.2% shift. Headcount in the area went from 42,139 to 41,089 between 2021 and 2024, a 2.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25.6% to 29.2%. Taken together, the five-year picture in ZIP 99206 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 99206

Last updated: July 20, 2026

ZIP code 99206 covers Spokane Valley, WA. The median rent here is $1,530/mo as of July 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,400/mo.

At 22% of local median household income ($81,764/yr), ZIP 99206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99206?

As of July 20, 2026, the median monthly rent in ZIP 99206 (Spokane Valley, WA) is $1,530. This is based on aggregated data from public sources and community submissions.

How does ZIP 99206 rent compare to the US average?

ZIP 99206's median rent of $1,530/mo is $435 (22%) below the US national median of $1,965/mo.

How does ZIP 99206 compare to other ZIPs in Washington?

ZIP 99206 is among the more affordable ZIP codes in Washington, ranking #192 out of 209 ZIPs at $1,530/mo.

How much income do you need to rent in ZIP 99206?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,530/mo in ZIP 99206. The local median household income is $81,764/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99206?

Rent in ZIP 99206 has increased 4.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 99206 an affordable place to rent?

ZIP 99206 is considered very affordable for renters. At $1,530/mo, rent takes approximately 22% of the local median household income ($81,764/yr). The standard benchmark is 30%. ZIP 99206 falls comfortably within that range.

What percentage of ZIP 99206 residents rent vs. own?

According to Census data, approximately 38.5% of ZIP 99206 households are renters, while 61.5% are owner-occupied. ZIP 99206 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 99206 compare to the rest of Spokane Valley?

ZIP 99206 is more affordable than Spokane Valley overall. At $1,530/mo, it's $19 below the Spokane Valley citywide median of $1,549/mo.

When was rent data for ZIP 99206 last updated?

Rent data for ZIP 99206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,530/mo, rent takes ~22% of ZIP 99206's median household income ($81,764/yr). The standard benchmark is 30%.

ZIP 99206 22%Benchmark 30%
State income taxNone
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Public schools near ZIP 99206 (Spokane Valley, WA)

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