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ZIP Code · WA

ZIP 99216

Pop. 28,578·Spokane County·194th most expensive ZIP in Washington
Median rent (all units)
$1,495/mo
Year-over-Year
+3.7%
Month-over-Month
-1.1%
vs US Median
-$470
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 99216 · $1,495
More affordable than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,210
2 BR
$1,550
3 BR
$2,110
4 BR+
$2,540
Research median
$1,550/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
$17,940/yr
At $1,495/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 (+3.7% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 99216 (Spokane Valley, WA) is roughly split between renters and owners, 24.1% of residents hold a bachelor's degree or higher.

Population
28,578
Median income
$74,278
Median age
37.9
Renters
53%
Age distribution
19.6%
26.8%
24.6%
18.3%
Under 1819.6%
18–3426.8%
35–5424.6%
55–6410.7%
65+18.3%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
84.8%
White84.8%
Black1.2%
Hispanic8.8%
Asian0.9%
Other4.3%
Education (25+)
30%
41.1%
24.1%
No HS diploma4.9%
HS diploma30%
Some college41.1%
Bachelor's+24.1%
Housing tenure
47%
53%
Owner47%
Renter53%

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

2021 vs 2026

How ZIP 99216 in Spokane Valley, WA has changed in 5 years

Income
$56,114 → $74,278
up 32.4%
Population
27,597 → 28,578
up 3.6%
Renter share
54.4% → 53%
-1.4 pts
Bachelor's+
21.3% → 24.1%
+2.8 pts
Median age
35.6 → 37.9
+2.3 yrs

Household income in the area moved from $56,114 to $74,278 across the same window, up 32.4% versus 2021. Census counts show ZIP 99216 in Spokane Valley, WA adding about 981 residents over the five-year window, up 3.6% on net. Bachelor's-degree-or-higher attainment moved from 21.3% to 24.1% across the same window.

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Local insights

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About renting in ZIP 99216

Last updated: July 20, 2026

ZIP code 99216 covers Spokane Valley, WA. The median rent here is $1,495/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,550/mo.

At 24% of local median household income ($74,278/yr), ZIP 99216 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 99216?

As of July 20, 2026, the median monthly rent in ZIP 99216 (Spokane Valley, WA) is $1,495. This is based on aggregated data from public sources and community submissions.

How does ZIP 99216 rent compare to the US average?

ZIP 99216's median rent of $1,495/mo is $470 (24%) below the US national median of $1,965/mo.

How does ZIP 99216 compare to other ZIPs in Washington?

ZIP 99216 is among the more affordable ZIP codes in Washington, ranking #194 out of 209 ZIPs at $1,495/mo.

How much income do you need to rent in ZIP 99216?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,495/mo in ZIP 99216. The local median household income is $74,278/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 99216?

Rent in ZIP 99216 has increased 3.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 99216 an affordable place to rent?

ZIP 99216 is considered very affordable for renters. At $1,495/mo, rent takes approximately 24% of the local median household income ($74,278/yr). The standard benchmark is 30%. ZIP 99216 falls comfortably within that range.

What percentage of ZIP 99216 residents rent vs. own?

According to Census data, approximately 53% of ZIP 99216 households are renters, while 47% are owner-occupied. With a majority renter population, ZIP 99216 has a strong rental market.

How does ZIP 99216 compare to the rest of Spokane Valley?

ZIP 99216 is more affordable than Spokane Valley overall. At $1,495/mo, it's $54 below the Spokane Valley citywide median of $1,549/mo.

When was rent data for ZIP 99216 last updated?

Rent data for ZIP 99216 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,495/mo, rent takes ~24% of ZIP 99216's median household income ($74,278/yr). The standard benchmark is 30%.

ZIP 99216 24%Benchmark 30%
State income taxNone
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Public schools near ZIP 99216 (Spokane Valley, WA)

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