Spokane-Spokane Valley, WA · Washington

Spokane County

ZIP 99217

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 99217

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 5.0R/I: 25.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown40 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
992026.1%
992076.0%
990015.6%
992125.5%
992055.2%
992175.1%
992035.0%
992084.8%
992184.8%
992014.5%
990044.4%
992064.4%
992164.4%
992234.3%
990164.2%
990373.9%
990223.9%
990113.9%
990123.9%
990143.9%
990183.9%
990203.9%
990233.9%
990393.9%
992513.9%
992583.9%
990193.8%
992243.6%
992043.6%
990303.5%
990053.4%
990063.2%
990093.1%
990253.0%
990273.0%
990212.9%
990262.7%
990312.6%
990032.5%
990362.2%

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

Data sources
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