Zip lookup · WA

99201
Spokane, Washington.

Spokane, Spokane County, WA · Spokane-Spokane Valley, WA metro · population 15,829

What it costs per month · 99201 $1,683/mo

to buy the typical home at today's mortgage rate — +$877 (+109%) since Jan 2020.

What the home itself did
1 year
Down $5,017 -2%
$325,760$320,743 since Sep 2025
5 years
Up $13,689 +4%
$307,054$320,743 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 99201 $1,683 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 99201$1,683
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 79 years.

Typical home values in zip 99201 fell 1.5% over the past year — slower than the nation's +1.2%.

Asking rents in zip 99201 rose 5.5% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 99201 runs $1,129/mo more than renting one. The gap peaked at $1,369 in Oct 2023.

That is $2,250 a month against $1,121 rent: a $1,683 mortgage payment, plus $223 property tax and $343 insurance & upkeep.

Owning vs renting — zip 99201

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 2021 2022 2023 2024 2025 2026 Owning all in $2,250 Renting $1,121 Mortgage only $1,683
$1,000 $1,500 $2,000 2022 2024 2026
  • Owning all in$2,250
  • Renting$1,121
  • Mortgage only$1,683

Property tax · $223/mo 0.84% of value a year — the ACS 2020-2024 median bill over the median home value for Spokane County, WA

Insurance & upkeep · $343/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Spokane, WA — measured over the city limits, which is a different area from this zip.

Asking rent $1,121 as of Sep 2026
+5.5%year on year
Typical home value $320,743 as of Sep 2026
-1.5%year on year

Asking rent — 99201

Against the Spokane-Spokane Valley, WA metro and the national benchmark.

$1,000 $1,500 $2,000 2021 2022 2023 2024 2025 2026 99201 $1,121 Spokane $1,512 United States $1,932
$1,000 $1,500 $2,000 2022 2024 2026
  • 99201$1,121
  • Spokane$1,512
  • United States$1,932

Typical home value — 99201

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 99201 $320,743 Spokane $415,045 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • 99201$320,743
  • Spokane$415,045
  • United States$366,157

Within 20 miles

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
1.2 99204 Spokane 7,643 $1,206 $377,712
2.4 99205 Spokane 43,169 $1,712 $315,547
2.7 99202 Spokane 19,921 $1,559 $308,503
2.8 99203 Spokane 21,468 $2,204 $485,351
2.9 99207 Spokane 32,770 $1,439 $271,888
4.7 99224 Spokane 24,919 $1,592 $516,252
5.9 99212 Spokane 21,707 $1,573 $367,374
6.8 99218 Spokane 16,897 $1,512 $463,185
7.0 99223 Spokane 36,094 $2,024 $491,544
7.2 99001 Airway Heights 9,440 $1,698 $367,655
8.2 99208 Spokane 58,669 $1,655 $457,493
8.8 99206 Spokane 41,089 $1,654 $417,264
9.7 99217 Spokane 21,441 $1,456 $368,353
10.7 99216 Spokane 28,578 $1,457 $403,520
11.2 99037 Veradale 16,522 $1,603 $481,435
12.5 99036 Valleyford 1,581 — $677,770
13.0 99005 Colbert 10,815 $1,868 $595,762
13.1 99026 Nine Mile Falls 9,320 — $548,141
13.4 99022 Medical Lake 8,767 $1,544 $425,743
13.8 99016 Greenacres 21,615 $1,658 $494,790
14.7 99027 Otis Orchards 5,992 — $495,458
15.2 99023 Mica 800 — $713,201
16.8 99019 Liberty Lake 12,447 $1,772 $570,190
17.2 99031 Spangle 1,251 — $577,197
17.3 99021 Mead 8,942 — $512,092
18.3 99029 Reardan 2,116 — $403,529
18.4 99025 Newman Lake 5,668 — $491,676
19.3 99003 Chattaroy 4,810 — $586,035
19.7 99030 Rockford 919 — $430,356
19.9 99004 Cheney 22,871 $1,345 $416,660

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.