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Spokane Rental Vacancy Rates on the Rise for 2025

Spokane Rental Vacancy Rates on the Rise for 2025

Based on Costar’s report for 2024, Spokane rental vacancy rates for apartments are trending significantly higher than we have seen since 2011. 2024 ended with a 5.9% vacancy rate for Spokane multi-family properties, and 2025 is continuing that trend, with YTD 2025 seeing a rate of 8.5%. While Q1 tends to be softer and market demand typically ...
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Spokane Rental Market Sees $50,000 Decrease in 2024

Spokane Rental Market Sees $50,000 Decrease in 2024

Spokane Rental/Multi Family Sales Price Per Unit Drops $50,000 in 2024 According to Costar, Spokane rentals have seen a significant decrease in average sales price per unit, dropping from $173,923 in 2023 to $123,906 in 2024. This marks the largest year-over-year change (29%) in average sales price since 2013.This drop comes after three consecutiv...
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