ZIP Code · WA

ZIP 99208

Part of Spokane, WA
Pop. 58,669·Spokane County·177th most expensive ZIP in Washington
Median rent (all units)
$1,655/mo
Year-over-Year
+3.5%
Month-over-Month
+1.4%
vs US Median
-$277
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 99208 · $1,655
More affordable than 61% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,220
2 BR
$1,570
3 BR
$2,140
4 BR+
$2,570
Research median
$1,570/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 99208 usually run 1.6% below trend in February and 1.8% above it in September, about $56 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 99208 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Washington

Rent in ZIP 99208 changed +3.5% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($88,599) is $2,215 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,140); a 4-bedroom is $2,570.

Rank in Spokane

8th cheapest of 11 ZIP codes in Spokane.

Cheaper nearby

ZIP 99207, 8 miles away, rents for 13% less ($1,439/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 99208. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,860/yr
At $1,655/mo median
Location
StateWA
CountySpokane County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.5% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 99208 (Spokane, WA) is majority owner-occupied, 35.4% of residents hold a bachelor's degree or higher.

Population
58,669
Median income
$88,599
Median age
40.5
Renters
33.2%
Age distribution
23.6%
19.2%
25.7%
12.3%
19.3%
Under 1823.6%
18–3419.2%
35–5425.7%
55–6412.3%
65+19.3%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
83.6%
White83.6%
Black2.4%
Hispanic5.8%
Asian2.2%
Other6%
Education (25+)
23.7%
37.2%
35.4%
No HS diploma3.7%
HS diploma23.7%
Some college37.2%
Bachelor's+35.4%
Housing tenure
66.8%
33.2%
Owner66.8%
Renter33.2%

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

2021 vs 2026

How ZIP 99208 in Spokane, WA has changed in 5 years

Rent
$1,307 → $1,655
up 26.6%
Income
$69,587 → $88,599
up 27.3%
Population
57,606 → 58,669
up 1.8%
Renter share
35.2% → 33.2%
-2.0 pts
Bachelor's+
33.9% → 35.4%
+1.5 pts

Across the past five years, the going rent in ZIP 99208 in Spokane, WA has shifted from $1,307 to $1,655, up 26.6% since 2021. Median household income climbed from $69,587 to $88,599 between 2021 and 2024, a 27.3% shift. Census counts show ZIP 99208 in Spokane, WA adding about 1,063 residents over the five-year window, up 1.8% on net. The renter share has eased from 35.2% to 33.2%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 99208 in Spokane, 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 99208

Last updated: October 17, 2026

ZIP code 99208 covers Spokane, WA. The median rent here is $1,655/mo as of October 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,570/mo.

At 22% of local median household income ($88,599/yr), ZIP 99208 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 99208?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,655/mo in ZIP 99208. The local median household income is $88,599/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 99208?

Rent in ZIP 99208 has risen 3.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 99208?

Asking rents in ZIP 99208 are usually lowest in February, about 1.6% below their yearly trend, and highest in September, about 1.8% above it. At today's median that is a gap of roughly $56 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 99208 compare to other ZIPs in Washington?

ZIP 99208 is one of the more affordable among Washington ZIP codes for rent, ranking #177 of 207 at $1,655/mo. Over the year to September 2026, rent in ZIP 99208 changed +3.5%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.

How does ZIP 99208 compare to the rest of Spokane?

At $1,655/mo, ZIP 99208 is $172 above the Spokane citywide median of $1,483/mo. It is the 8th cheapest of 11 ZIP codes in Spokane.
Income Affordability
22%
VERY AFFORDABLE

At $1,655/mo, rent takes ~22% of ZIP 99208's median household income ($88,599/yr). The standard benchmark is 30%.

ZIP 99208 22%Benchmark 30%
State income taxNone
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