Home prices
The median home price in Spokane is $187,600. It is roughly $16,717 (8%) lower in comparison to other places in this area.It is roughly $29,900 (13%) lower in comparison to the rest of the country.
Rents
In Spokane the median monthly rent is $866. In comparison to the surrounding areas this is about $72 (7%) lower.Compared to the rest of the nation it is approximately $196 (18%) lower.
Nearby places
Town and Country
Town and Country is Spokane's neighbor to the north. Real estate prices there are fairly similar. The price of the median home in Town and Country is $186,600, which is very similar to Spokane. The rent there is a little more expensive. Town and Country's median rent is $1,127 per month, which is $261 (23%) higher than Spokane.
Country Homes
Country Homes is Spokane's neighbor to the north. Its housing prices are a little more expensive. The median home in Country Homes costs $247,500, which works out to $59,900 (24%) higher than Spokane. The rent there is a little less expensive. The median monthly rent in Country Homes is $811, which comes out to $55 (6%) lower than Spokane.
Airway Heights
Airway Heights is Spokane's neighbor to the west. Housing prices there are somewhat less expensive. The median home in Airway Heights costs $174,900, which works out to $12,700 (7%) lower than Spokane. Its rents are somewhat more expensive. The median rent in Airway Heights is $966 per month, which comes out to $100 (10%) higher than Spokane.
Spokane Valley
Spokane Valley is Spokane's neighbor to the east. Housing prices there are a bit more expensive. Spokane Valley's median home price is $204,700, which comes out to $17,100 (8%) higher than Spokane. Rents there are a bit more expensive. Spokane Valley's median monthly rent is $946, which is $80 (8%) higher than Spokane.
Millwood
Millwood is approximately 6 miles east from Spokane. The housing prices there are a little less expensive. The median home in Millwood is valued at $173,700, which works out to $13,900 (8%) lower than Spokane. Rents there are somewhat less expensive. Millwood's median rent is $781 a month, which is $85 (10%) lower than Spokane.
Mead
Mead is roughly 7 miles northeast of Spokane. The real estate prices there are somewhat more expensive. Mead's median home cost is $238,500, which works out to $50,900 (21%) higher than Spokane. The rent there is a little more expensive. In Mead the median monthly rent is $996, which works out to $130 (13%) higher than Spokane.