Spokane Property Management Blog

By Cobalt Property Management - Wednesday, April 23, 2025

3 Ways Spokane Property Managers Can Keep Long Term Tenants

3 Ways Spokane Property Managers Can Keep Long-Term TenantsHey there Doc here from Cobalt Property Management.We’ve got some exciting news to share from the rental world. A recent poll conducted by Billion, one of the nation’s largest property management platforms, re...

By Cobalt Property Management - Wednesday, April 16, 2025

Q1 2025 Spokane Rental Sales Results

Spokane Multifamily Sales: Comparing Q1 2024 and Q1 2025As we step into the Spokane rental market for 2025, it’s clear the Spokane & Spokane Valley market has experienced some notable shifts compared to the same time last year. Below is a breakdown of the key trends we&...

By Cobalt Property Management - Tuesday, April 8, 2025

Is Washington Capping Rental Rates?

Understanding House Bill 1217: 5 Key Impacts on Washington State LandlordsHey there, this is Doc from Cobalt Property Management, your go-to resource for Spokane Property Management and Spokane Rentals. Today, I’m diving into House Bill 1217, a piece of legislation currentl...

By Cobalt Property Management - Friday, March 28, 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 ...

By Cobalt Property Management - Friday, March 21, 2025

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...

By Cobalt Property Management - Friday, March 14, 2025

March's Key Rental Housing Data for Spokane

What Spokane Rental Owners Need to Know About the Multi-Family Market (March Report)Staying informed about rental market trends is crucial for making strategic investment decisions. Our analysis of Spokane's rental housing data provides key insights into how the market is evo...

By Cobalt Property Management - Friday, February 14, 2025

Key Rental Housing Data for Spokane

What Spokane Rental Owners Need to Know About the Multi-Family MarketStaying informed about rental market trends is crucial for making strategic investment decisions. Our analysis of Spokane's rental housing data provides key insights into how the market is evolving. Here&rsq...

By Cobalt Property Management - Thursday, February 6, 2025

Avoid These 4 Things When Buying a Rental

These are the four things you want to avoid when investing in a rental property. So number one, one is going to be one bedroom units. Now, one bedrooms typically means a condo, a townhome, maybe even a small house. But these are typically harder to rent because there just isn'...

By Cobalt Property Management - Wednesday, January 29, 2025

Spokane Ranks 21st in Renter Interest

Spokane continues to be an attractive market for relocation. Rentcafe.com just published it's 2024 annual report ranking renter interest among 150 metro markets across the nation and Spokane jumped from 57th in 2023 to 2024.As rental rates for Spokane rentals have plateaued, ...

By Cobalt Property Management - Thursday, January 16, 2025

Rental Owners Top Considerations When Choosing Property Manager

What Spokane Rental Owners Value Most When Choosing a Property ManagerChoosing the right property manager can make all the difference in the success of your rental investment. Buildium, our technology partner in property management, surveyed 100's of their owner customers and...

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