Spokane continues to be an attractive market for relocation. Rentcafe.com just published it's 2024 annual report ranking renter interest among 150 metro markets across the nation and Spokane jumped from 57th in 2023 to 2024.
As rental rates for Spokane rentals have plateaued, we are seeing an increase in tenant activity across all property types Cobalt manages. While Tacoma and Portland also rank in the top 30, the trend appears to be favorable towards major markets with a lower cost of living and a strong economy.
Out of the 4 major metro "sister" markets, (Seattle, Portland and Boise being the other 3) Spokane enjoys lower rental rates on average and a healthy vacancy rate.
Check out the article and the other 30 markets to watch in 2025 at rentcafe.com
