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Spokane city, WA

ZIP 99201 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 99201

Median Home Value
$259,800
Median Rent
$786
Affordability Snapshot
$72,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,669/mo PITI).

27%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

27.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 99201 in Spokane city, WA, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,669. That is about 104% above the local median household income ($35,286), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
30.3%-54% vs US avg
x
Vacancy Rate
11.9%+16% vs US avg
x
Broadband Access
83.9%-4% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
29.9%-40% vs US avg
x
Mortgage-Free
43.7%+14% vs US avg
x
$259,800
Home Value
$786
Rent
1944
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached25.8%
  • 1-unit attached4.3%
  • 2-9 units21.6%
  • 10+ units46.8%
  • Mobile home & other1.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$259,800
Median rent$786
Owner-occupied30.3%
Vacant11.9%
Price-to-income7.4x
Est. income to buy$72,000