ZIP Code · WA

ZIP 99212

Part of Spokane Valley, WA

Pop. 21,707·Spokane County·190th most expensive ZIP in Washington

Median rent (all units)

$1,573/mo

Year-over-Year

+5.6%

Month-over-Month

+1.2%

vs US Median

-$359

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 99212 · $1,573

More affordable than 67% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,090

1 BR

$1,180

2 BR

$1,510

3 BR

$2,060

4 BR+

$2,470

Research median

$1,510/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: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of Washington

Rent in ZIP 99212 changed +5.6% over the year to August 2026. Across the 194 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($67,049) is $1,676 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,510); a 3-bedroom is $2,060.

Cheaper nearby

ZIP 99204, 6 miles away, rents for 23% less ($1,206/mo), about $4,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 99212. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,876/yr

At $1,573/mo median

Location

CitySpokane Valley

StateWA

CountySpokane County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.6% YoY, +1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 99212 (Spokane Valley, WA) is majority owner-occupied, 26.7% of residents hold a bachelor's degree or higher.

Population

21,707

Median income

$67,049

Median age

39.5

Renters

30.9%

Age distribution

21.8%

23%

22.4%

14.5%

18.2%

Under 1821.8%

18–3423%

35–5422.4%

55–6414.5%

65+18.2%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

86%

White86%

Black0.5%

Hispanic5.6%

Asian1%

Other6.9%

Education (25+)

25.8%

41%

26.7%

No HS diploma6.6%

HS diploma25.8%

Some college41%

Bachelor's+26.7%

Housing tenure

69.1%

30.9%

Owner69.1%

Renter30.9%

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

2021 vs 2026

How ZIP 99212 in Spokane Valley, WA has changed in 5 years

Income

$62,798 → $67,049

up 6.8%

Population

20,395 → 21,707

up 6.4%

Renter share

31.4% → 30.9%

-0.5 pts

Bachelor's+

27.8% → 26.7%

-1.1 pts

Median age

40.6 → 39.5

-1.1 yrs

Local incomes tracked alongside that move, going from a median of $62,798 in 2021 to $67,049 more recently. The population has grown by 6.4% since 2021, moving from about 20,395 residents to roughly 21,707.

Community

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Local insights

Tips for renters in ZIP 99212

About renting in ZIP 99212

Last updated: September 25, 2026

ZIP code 99212 covers Spokane Valley, WA. The median rent here is $1,573/mo as of September 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,510/mo.

At 28% of local median household income ($67,049/yr), ZIP 99212 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 99212?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,573/mo in ZIP 99212. The local median household income is $67,049/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 99212?

Rent in ZIP 99212 has risen 5.6% over the past year.

How does ZIP 99212 compare to other ZIPs in Washington?

ZIP 99212 is one of the more affordable among Washington ZIP codes for rent, ranking #190 of 211 at $1,573/mo. Over the year to August 2026, rent in ZIP 99212 changed +5.6%, against a typical +2.5% across the 194 Washington ZIP codes Zillow tracks.