US5.com
  1. Home
  2. States
  3. Washington
  4. ZIP 99203
  5. Housing & Real Estate
Spokane city, WA

ZIP 99203 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 99203

Median Home Value
$449,100
Median Rent
$1,090
Affordability Snapshot
$124,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,885/mo PITI).

14%
Rent-to-Income Ratio

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

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

34.3 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 99203 in Spokane city, WA, a household would need roughly $124,000 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 $2,885. That is about 30% above the local median household income ($95,532), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
76.5%+17% vs US avg
x
Vacancy Rate
4.3%-58% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
9.9%-33% vs US avg
x
Built Pre-1939
17.3%+35% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
26.6%-47% vs US avg
x
Mortgage-Free
34.1%-11% vs US avg
x
$449,100
Home Value
$1,090
Rent
1949
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached83.2%
  • 1-unit attached3.0%
  • 2-9 units8.1%
  • 10+ units5.5%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$449,100
Median rent$1,090
Owner-occupied76.5%
Vacant4.3%
Price-to-income4.7x
Est. income to buy$124,000