Spokane-Spokane Valley, WA · Washington
Spokane County
ZIP 99039
544,323 residents2,785 permits TTM$73,513 median HHI40 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$370,500
ACS 5-Year
Cap rate proxy
3.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.6%
HUD FMR ÷ ACS HHI
Net migration
+1.80%
IRS SOI
Permits (TTM)
2,785
Census BPS
Climate risk
90.0
FEMA NRI (0–100)
ZIP 99039
Median home value
—
Gross yield
—
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 5.0R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown40 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 99202 | — | — | — | 6.1% | — |
| 99207 | — | — | — | 6.0% | — |
| 99001 | — | — | — | 5.6% | — |
| 99212 | — | — | — | 5.5% | — |
| 99205 | — | — | — | 5.2% | — |
| 99217 | — | — | — | 5.1% | — |
| 99203 | — | — | — | 5.0% | — |
| 99208 | — | — | — | 4.8% | — |
| 99218 | — | — | — | 4.8% | — |
| 99201 | — | — | — | 4.5% | — |
| 99004 | — | — | — | 4.4% | — |
| 99206 | — | — | — | 4.4% | — |
| 99216 | — | — | — | 4.4% | — |
| 99223 | — | — | — | 4.3% | — |
| 99016 | — | — | — | 4.2% | — |
| 99037 | — | — | — | 3.9% | — |
| 99022 | — | — | — | 3.9% | — |
| 99011 | — | — | — | 3.9% | — |
| 99012 | — | — | — | 3.9% | — |
| 99014 | — | — | — | 3.9% | — |
| 99018 | — | — | — | 3.9% | — |
| 99020 | — | — | — | 3.9% | — |
| 99023 | — | — | — | 3.9% | — |
| 99039 | — | — | — | 3.9% | — |
| 99251 | — | — | — | 3.9% | — |
| 99258 | — | — | — | 3.9% | — |
| 99019 | — | — | — | 3.8% | — |
| 99224 | — | — | — | 3.6% | — |
| 99204 | — | — | — | 3.6% | — |
| 99030 | — | — | — | 3.5% | — |
| 99005 | — | — | — | 3.4% | — |
| 99006 | — | — | — | 3.2% | — |
| 99009 | — | — | — | 3.1% | — |
| 99025 | — | — | — | 3.0% | — |
| 99027 | — | — | — | 3.0% | — |
| 99021 | — | — | — | 2.9% | — |
| 99026 | — | — | — | 2.7% | — |
| 99031 | — | — | — | 2.6% | — |
| 99003 | — | — | — | 2.5% | — |
| 99036 | — | — | — | 2.2% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
63.9%
Census ACS
Vacancy rate
5.4%
Census ACS
Bachelor's degree +
32.1%
Census ACS
Rent burdened
49.5%
Census ACS (>30% income)
Median age
38.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026