ZIP Code · WA

ZIP 99223

Part of Spokane, WA

Pop. 36,094·Spokane County·107th most expensive ZIP in Washington

Median rent (all units)

$2,024/mo

Year-over-Year

+8.4%

Month-over-Month

+0.1%

vs US Median

+$92

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 99223 · $2,024

More expensive than 63% 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

$1,150

1 BR

$1,240

2 BR

$1,590

3 BR

$2,170

4 BR+

$2,600

Research median

$1,590/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

December. Asking rents in ZIP 99223 usually run 2.4% below trend in December and 1.9% above it in August, about $87 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 99223 is at its highest level since Zillow's records here began in January 2020.

Past year vs. the rest of Washington

Rent in ZIP 99223 changed +8.4% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Since before the pandemic

Rent in ZIP 99223 is 50.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($94,279) is $2,357 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,170); a 4-bedroom is $2,600.

Rank in Spokane

10th cheapest of 11 ZIP codes in Spokane.

Cheaper nearby

ZIP 99202, 5 miles away, rents for 23% less ($1,559/mo), about $5,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 99223. 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

$24,288/yr

At $2,024/mo median

Location

CitySpokane

StateWA

CountySpokane County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.4% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 99223 (Spokane, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 51.3% of residents hold a bachelor's degree or higher.

Population

36,094

Median income

$94,279

Median age

40.9

Renters

33.2%

Age distribution

23.8%

18.1%

23.9%

14.1%

20.1%

Under 1823.8%

18–3418.1%

35–5423.9%

55–6414.1%

65+20.1%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

78.5%

White78.5%

Black5.3%

Hispanic7.4%

Asian3.1%

Other5.7%

Education (25+)

16.4%

29.2%

51.3%

No HS diploma3.2%

HS diploma16.4%

Some college29.2%

Bachelor's+51.3%

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 99223 in Spokane, WA has changed in 5 years

Rent

$1,570 → $2,024

up 28.9%

Income

$81,947 → $94,279

up 15.0%

Population

34,013 → 36,094

up 6.1%

Renter share

34.5% → 33.2%

-1.3 pts

Bachelor's+

50.6% → 51.3%

+0.7 pts

Compared with 2021, rent in ZIP 99223 in Spokane, WA has climbed by $454 per month, settling near $2,024 after starting the period at $1,570. On the earnings side, the typical household in ZIP 99223 in Spokane, WA now reports about $94,279, up from $81,947 in 2021. Rent outpaced income growth by roughly 13.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 34,013 to 36,094 between 2021 and 2024, a 6.1% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 99223 in Spokane, WA reflects that arc in its own way.

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About renting in ZIP 99223

Last updated: October 17, 2026

ZIP code 99223 covers Spokane, WA. The median rent here is $2,024/mo as of October 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,590/mo.

At 26% of local median household income ($94,279/yr), ZIP 99223 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 99223?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,024/mo in ZIP 99223. The local median household income is $94,279/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 99223?

Rent in ZIP 99223 has risen 8.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2020.

When is the cheapest time to rent in ZIP 99223?

Asking rents in ZIP 99223 are usually lowest in December, about 2.4% below their yearly trend, and highest in August, about 1.9% above it. At today's median that is a gap of roughly $87 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 99223 compare to other ZIPs in Washington?

ZIP 99223 is in the middle among Washington ZIP codes for rent, ranking #107 of 207 at $2,024/mo. Over the year to September 2026, rent in ZIP 99223 changed +8.4%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.