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Spokane city, WA

ZIP 99207 — 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 99207

Median Home Value
$246,800
Median Rent
$933
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,585/mo PITI).

20%
Rent-to-Income Ratio

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

4.4x
Home Price-to-Income Ratio

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

22.0 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 99207 in Spokane city, WA, a household would need roughly $68,000 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 $1,585. That is about 22% above the local median household income ($55,548), 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
54.6%-16% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
88.9%+2% vs US avg
x
4+ Bedrooms
4.8%-68% vs US avg
x
Built Pre-1939
15.5%+21% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
24.3%-51% vs US avg
x
Mortgage-Free
28.7%-25% vs US avg
x
$246,800
Home Value
$933
Rent
1950
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached68.9%
  • 1-unit attached6.1%
  • 2-9 units13.2%
  • 10+ units11.2%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$246,800
Median rent$933
Owner-occupied54.6%
Vacant3.6%
Price-to-income4.4x
Est. income to buy$68,000