Spokane, WA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spokane, WA. Based on 30+ datapoints.
Spokane, WA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-13%
Median Cashflow
-$970/mo
Avg Rent Estimate
$2,438/mo
Avg Price
$463,346
Price Range
$250K – $850K
approximate
Rent to Price
0.53%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spokane, WA
Spokane, WA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 30+ analyzed properties, the median monthly cashflow in Spokane, WA is -$970 with average rents of $2,438/month. Properties are priced about $250,000 to $850,000, offering entry points across multiple investment budgets.
Spokane, WA Rental Market Insights
- Median cashflow is -$970/month — careful deal selection is essential here
- 4.1% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Spokane, WA requires selective property picks
- Premium market with properties priced about $250,000 to $850,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs