Rising rents becoming an issue in Spokane County

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

SPOKANE, Wash. — Higher rents are becoming an issue in Spokane County, where a new report says half of renters are spending over 30 percent of their income on rent.

Rents in the Spokane market have increased notably over the past year and a half. That’s according to Terri Anderson, co-director of the Spokane Tenants Union.

The Spokesman-Review reports that rents in Spokane are rising while wages remain stagnant.

Besides stagnant incomes, Spokane is facing another factor that’s driving up rent: low apartment vacancy and high demand.

Spokane has a 2.9 percent apartment vacancy rate with an average rental rate of $886, according to a September 2017 report by the University of Washington’s Runstad Center for Real Estate Studies.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.