Low Income Apartments and Affordable Housing For Rent in Spokane Valley, WA

Discover affordable housing in Spokane Valley where there are 25+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Woodruff Heights

9815 East Sixth Avenue, Spokane Valley, Washington 99206

Village Apartments

9717 E 6th Avenue, Spokane Valley, Washington 99206

Catherine Johnson Court

6321 East Fourth Avenue, Spokane Valley, Washington 99212

Ponderosa Apartments

9314 E Montgomery Ave, Spokane Valley, Washington 99206

Parkside at Mirabeau

2820 N Cherry St, Spokane Valley, Washington 99216

Opportunity Manor

12325 E Main Ave, Spokane Valley, Washington 99216

Aspen Grove Apartments

12204 E 4th Avenue, Spokane Valley, Washington 99206

Pope Francis Haven

16412 E SPRAGUE AVE, Spokane Valley, Washington 99037

Pines Senior Apartments

528 N Pines Rd, Spokane Valley, Washington 99206

Appleway Court

221 S Farr Rd, Spokane Valley, Washington 99206

Grace Court Apartments

12915 E Broadway Ave, Spokane Valley, Washington 99216

Valley Place

12505 E 3rd Ave , Spokane Valley, Washington 99216

Trent Terrace

12426 E Broadway Ave , Spokane Valley, Washington 99216

Applewood Apartments

4403 E 8th Ave , Spokane Valley, Washington 99212

Appleway Court ll

223 S Farr Rd, Spokane Valley, Washington 99206

Winter Heights

2720 N Cherry St, Spokane Valley, Washington 99216

Eaglepointe Apartments

2718 N Bowdish Rd, Spokane Valley, Washington 99206

East Valley Crossing

16010 E Valleyway Ave, Spokane Valley, Washington 99037

Sprague Crossing - Phase II

14303 E Sprague Ave, Spokane Valley, Washington 99216

Tschirley Crossing

111 S Tschirley Rd, Spokane Valley, Washington 99016

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Spokane Valley, Washington
$24.70/hour
$8.42 (+52%) more than Washington minimum wage and $17.45 (+241%) more than the Federal minimum wage.
Learn More About Spokane Valley, Washington Affordable Housing ↓

What HUD offices serve Spokane Valley, Washington?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Moving to Work programs for Spokane Valley, Washington.

Go to the Washington Public Housing and Low-Income Apartments Waiting Lists page for openings near Spokane Valley.

How many renters live in Spokane Valley, Washington?

The City of Spokane Valley has 107,325 people living in 45,163 households.

There are 42,819 renters living in 19,501 renter households in this City. Renters make up 39.9 percent of the population living in Spokane Valley.

What is the rental market like in Spokane Valley, Washington?

There are an estimated 44,379 housing units in the Spokane Valley area. Of these, 18,478 units are rental homes, making up 42 percent of the housing market. For every renter household in Spokane Valley, Washington, there are 1 rental units.

What is the vacancy rate for rentals in Spokane Valley?

The rental vacancy rate in Spokane Valley is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Spokane Valley for each bedroom size?

Occupied Rental Units by Size in Spokane Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
842 4,612 7,146 3,770 997
Occupied Rental Units by Size in Spokane Valley

A large number of apartments in Spokane Valley have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Spokane Valley are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 26 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Spokane Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $890 to $2,131. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $890
One BR $1,012
Two BR $1,304
Three BR $1,835
Four BR $2,131
2024 Fair Market Rents in Spokane Valley, Washington

How many units are rented at Fair Market Rent (FMR) in Spokane Valley?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 223 26 percent
One BR 2,346 51 percent
Two BR 4,296 60 percent
Rental Units Below FMR in Spokane Valley, Washington

How many affordable rental units are in Spokane Valley?

There are a variety of federal affordable housing programs serving households in Spokane Valley, Washington including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,423
Section 8 Project-Based Rental Assistance 287
Section 202 Supportive Housing for the Elderly 88
Section 811 Supportive Housing for Persons with Disabilities 61
Tracked Units by Federal Program in Spokane Valley, Washington

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Spokane Valley, Washington

Spokane Valley features 559 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Spokane Valley, Washington

There are 861 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spokane Valley.

Housing Choice Vouchers in Spokane Valley, Washington

On average, Section 8 Housing Choice vouchers pay Spokane Valley landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Spokane Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Spokane Valley, Washington for a two-bedroom apartment is between $1,174 and $1,434.

Sourced from federal housing data and AffordableHousingOnline.com research.