Housing market/Washington/ZIP 99202

ACS 2023 · FY2027 SAFMR

ZIP 99202 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.

Population
19,956
Households
7,736
Median HH income
$61,323
Renter share
51.6%
Median gross rent
$1,070
Vacancy
6.8%
Pop. change
-3.3%
2BR SAFMR
$1,380
SAFMR / rent
1.290×
2–49 unit stock
2,487
LIHTC proj / units
7 / 481
HUD assisted MF
12 / 460

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99202 · WA — sent to you.

ZIP 99202 · WA

ACS median rent$1,070
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 99202

  • 1-unit detached4,77757.7%
  • 1-unit attached2623.2%
  • 2–4 units7809.4%
  • 5–49 units1,70720.6%
  • 50+ units7549.1%
  • Mobile50.1%
TypeUnitsShare
1-unit detached4,77757.6%
1-unit attached2623.2%
2 units (duplex)2252.7%
3–4 units5556.7%
5–9 units3764.5%
10–19 units5787.0%
20–49 units7539.1%
50+ units7549.1%
Mobile50.1%

2–4 unit share 9.4% · 5–49 unit share 20.6% · combined 2–49 30.0%.

Units by bedrooms

Studio
483
1BR
1,543
2BR
2,819
3BR
2,127
4BR
876
5+
448

Rent burden

Rent ≥30% of income59.2%
Rent ≥50% of income30.1%
  • ACS median gross rent $1,070 (all bedrooms, occupied rentals).
  • Median contract rent $961.
  • Renters paying ≥30% of income 59.2%; ≥50% 30.1%.
  • FY2027 2BR SAFMR $1,380 (1.290× ACS median gross rent).

Population

19,956 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 7 projects, 481 units.
  • HUD project-based assisted MF: 12 properties, 460 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 99202 51.6% of occupied households are renters; vacancy is 6.8%; ACS median gross rent is $1,070; population changed -3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 780 units in 2–4-unit structures and 1,707 units in 5–49-unit structures; 7 LIHTC projects totaling 481 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $1,070. 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 99202 is a Census / HUD profile for Spokane, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 99202?

ZIP 99202 (Spokane, WA HUD Metro FMR Area) has 19,956 residents, 7,736 households, a renter share of 51.6%, median household income of $61,323, and ACS 2023 median gross rent of $1,070. Vacancy is 6.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99202?

ACS counts 225 units in 2-unit buildings, 555 in 3–4 unit buildings, 376 in 5–9, 578 in 10–19, and 753 in 20–49. Combined 2–49 unit stock is 2,487 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99202?

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 99202 — Spokane, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 99202 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.