Housing market/Washington/ZIP 99201
ZIP 99201 Spokane, Washington
Spokane, WA HUD Metro FMR Area · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 99201 · WA — sent to you.
ZIP 99201 · WA
ACS rent vs 2BR SAFMR
ZIP 99201 — Spokane, WA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 99201
- 1-unit detached2,27825.8%
- 1-unit attached3764.3%
- 2–4 units88210.0%
- 5–49 units3,38038.2%
- 50+ units1,79020.2%
- Mobile1361.5%
2–4 unit share 10.0% · 5–49 unit share 38.2% · combined 2–49 48.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $883 (all bedrooms, occupied rentals).
- Median contract rent $786.
- Renters paying ≥30% of income 54.8%; ≥50% 29.9%.
- FY2027 2BR SAFMR $1,380 (1.563× ACS median gross rent).
Population
14,432 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +6.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 18 projects, 1,272 units.
- HUD project-based assisted MF: 10 properties, 515 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 1,425 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 99201 69.7% of occupied households are renters; vacancy is 11.9%; ACS median gross rent is $883; population increased +6.5% between the 2018 and 2023 ACS vintages; the housing stock includes 882 units in 2–4-unit structures and 3,380 units in 5–49-unit structures; 18 LIHTC projects totaling 1,272 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $883. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Washington research
ZIP 99201 is a Census / HUD profile for Spokane, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 99201 — Spokane, WA HUD Section 8 Payment Standards / SAFMR·Washington ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Washington research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 99201?
ZIP 99201 (Spokane, WA HUD Metro FMR Area) has 14,432 residents, 7,788 households, a renter share of 69.7%, median household income of $35,286, and ACS 2023 median gross rent of $883. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 99201?
ACS counts 318 units in 2-unit buildings, 564 in 3–4 unit buildings, 1,028 in 5–9, 1,011 in 10–19, and 1,341 in 20–49. Combined 2–49 unit stock is 4,262 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 99201?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 99201 — Spokane, WA HUD Section 8 Payment Standards / SAFMR.
Does this Washington ZIP profile include Georgia listings?
No. ZIP 99201 is Census / HUD research for Spokane, WA HUD Metro FMR Area. Jeff Crowe CRE does not list Washington property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.