Housing market/Washington/ZIP 99218
ZIP 99218 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 99218 · WA — sent to you.
ZIP 99218 · WA
ACS rent vs 2BR SAFMR
ZIP 99218 — 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 99218
- 1-unit detached3,39652.5%
- 1-unit attached2203.4%
- 2–4 units3765.8%
- 5–49 units1,80427.9%
- 50+ units6249.7%
- Mobile440.7%
2–4 unit share 5.8% · 5–49 unit share 27.9% · combined 2–49 33.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,147 (all bedrooms, occupied rentals).
- Median contract rent $1,073.
- Renters paying ≥30% of income 57.6%; ≥50% 23.8%.
- FY2027 2BR SAFMR $1,380 (1.203× ACS median gross rent).
Population
16,920 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +2.4%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 222 units.
- HUD project-based assisted MF: 1 properties, 37 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 99218 45.9% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,147; population increased +2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 376 units in 2–4-unit structures and 1,804 units in 5–49-unit structures; 2 LIHTC projects totaling 222 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $1,147. 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 99218 is a Census / HUD profile for Spokane, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 99218 — 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 99218?
ZIP 99218 (Spokane, WA HUD Metro FMR Area) has 16,920 residents, 6,191 households, a renter share of 45.9%, median household income of $73,723, and ACS 2023 median gross rent of $1,147. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 99218?
ACS counts 233 units in 2-unit buildings, 143 in 3–4 unit buildings, 490 in 5–9, 656 in 10–19, and 658 in 20–49. Combined 2–49 unit stock is 2,180 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 99218?
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 99218 — Spokane, WA HUD Section 8 Payment Standards / SAFMR.
Does this Washington ZIP profile include Georgia listings?
No. ZIP 99218 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.