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Rent Tracker
The average asking rent in Spokane, WA is $1,520/month as of 2026-03. That is +1.9% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,520/mo
as of 2026-03
Year-over-Year Change
+1.9%
Monthly ZORI index values for Spokane, WA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,520 | +0.66% |
| 2026-02 | $1,510 | +0.40% |
| 2026-01 | $1,504 | +0.13% |
| 2025-12 | $1,502 | -0.20% |
| 2025-11 | $1,505 | -0.20% |
| 2025-10 | $1,508 | -0.26% |
| 2025-09 | $1,512 | +0.20% |
| 2025-08 | $1,509 | -0.20% |
| 2025-07 | $1,512 | +0.00% |
| 2025-06 | $1,512 | +0.00% |
| 2025-05 | $1,512 | +0.47% |
| 2025-04 | $1,505 | +0.94% |
| 2025-03 | $1,491 | +1.02% |
| 2025-02 | $1,476 | +0.89% |
| 2025-01 | $1,463 | -0.20% |
| 2024-12 | $1,466 | -0.20% |
| 2024-11 | $1,469 | -0.61% |
| 2024-10 | $1,478 | -0.14% |
| 2024-09 | $1,480 | -0.54% |
| 2024-08 | $1,488 | +0.07% |
| 2024-07 | $1,487 | +0.61% |
| 2024-06 | $1,478 | +0.61% |
| 2024-05 | $1,469 | +0.62% |
| 2024-04 | $1,460 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report