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Spokane city, WA

ZIP 99204 — 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 99204

Median Home Value
$355,700
Median Rent
$1,013
Affordability Snapshot
$98,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,285/mo PITI).

24%
Rent-to-Income Ratio

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

7.1x
Home Price-to-Income Ratio

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

29.3 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 99204 in Spokane city, WA, a household would need roughly $98,000 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 $2,285. That is about 95% above the local median household income ($50,266), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
30.8%-53% vs US avg
x
Vacancy Rate
7.8%-24% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
7.8%-39% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.2%-59% vs US avg
x
Mortgage-Free
41.1%+8% vs US avg
x
$355,700
Home Value
$1,013
Rent
1942
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached24.7%
  • 1-unit attached2.0%
  • 2-9 units28.3%
  • 10+ units44.7%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$355,700
Median rent$1,013
Owner-occupied30.8%
Vacant7.8%
Price-to-income7.1x
Est. income to buy$98,000