Most Affordable ZIP Codes in Spokane-Spokane Valley, WA (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 99157 Northport, WA $260,503 $891 2.67% 5.7%
2 99207 Spokane, WA $281,610 $1,478 4.09% 2.7%
3 99013 Ford, WA $285,750 $1,170 3.19% 2.8%
4 99202 Spokane, WA $319,182 $1,563 3.82% 2.6%
5 99205 Spokane, WA $323,280 $1,707 4.12% 2.8%
6 99173 Springdale, WA $323,972 $1,314 3.16% 4.7%
7 99114 Colville, WA $344,797 $999 2.26% 5.2%
8 99109 Chewelah, WA $355,554 $1,035 2.27% 3.7%
9 99181 Valley, WA $375,071 $1,152 2.40% 3.2%
10 99101 Addy, WA $375,628 $990 2.06% 4.3%
11 99001 Airway Heights, WA $375,936 $1,740 3.61% 3.3%
12 99217 Spokane, WA $377,322 $1,506 3.11% 2.6%
13 99212 Spokane Valley, WA $377,442 $1,640 3.39% 3.3%
14 99204 Spokane, WA $392,893 $1,204 2.39% 2.4%
15 99216 Spokane Valley, WA $414,031 $1,469 2.77% 3.2%
16 99156 Newport, WA $417,777 $1,170 2.18% 3.7%
17 99029 Reardan, WA $421,406 $1,170 2.17% 2.8%
18 99148 Loon Lake, WA $426,021 $1,170 2.14% 3.8%
19 99004 Cheney, WA $426,751 $1,466 2.68% 2.8%
20 99206 Spokane Valley, WA $427,381 $1,564 2.85% 3.1%
21 99022 Medical Lake, WA $437,711 $1,452 2.59% 3.2%
22 99110 Clayton, WA $440,723 $1,170 2.07% 3.9%
23 99030 Rockford, WA $441,613 $1,377 2.43% 4.0%
24 99208 Spokane, WA $464,555 $1,622 2.72% 2.4%
25 99218 Spokane, WA $474,684 $1,561 2.56% 2.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Spokane-Spokane Valley, WA  ·  Appreciation in Spokane-Spokane Valley, WA

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