Affordable Neighborhoods in Spokane

If you find home prices in Spokane too high, you're not alone. Let's explore some of the most affordable neighborhoods in Spokane that offer walkability, community feel, and potential for appreciation.

A viewer recently asked for a list of up-and-coming neighborhoods in Spokane, particularly for first-time buyers looking for low prices, walkability, and a community feel, not too far from downtown. They also wanted areas with potential for appreciation or gentrification. Let's dive into my top five affordable neighborhoods in Spokane, focusing on homes under $350,000.

If you're looking for a single-family home, expect to start around $250,000 for a potentially livable property. Finding homes below this price point is rare. This guide focuses on neighborhoods within the $250,000 to $350,000 range, which is the affordable starter price point in Spokane.

Logan

Logan is a neighborhood close to downtown Spokane, offering a blend of student housing and family homes. It has a vibrant feel due to its proximity to Gonzaga University.

Features:

• Walkability: The geography is flat, making it easy to bike or walk. You can easily reach downtown, Gonzaga campus, and the Centennial Trail.
• Amenities: Hamilton Street offers a variety of small businesses, restaurants, and coffee shops.
• Market Snapshot: The average home price is $304,000, making it accessible for first-time buyers.

West Central

West Central includes Kendall Yards, a modern area with small businesses and townhomes. It's flat and bike-friendly, close to downtown.

Features:

• Walkability: Easy access to Kendall Yards and the Centennial Trail. Perfect for those who work downtown.
• Community: Offers a mix of modern townhomes and affordable single-family homes.
• Market Snapshot: Despite some discrepancies in data, expect average prices around $308,000.

Hillyard

Hillyard has a mix of commercial and residential properties. It's known for its affordability and is seeing positive growth.

Features:

• Development: Some of Spokane's best restaurants and small businesses are located here, contributing to its revitalization.
• Accessibility: The new freeway brings more traffic and potential customers to local businesses.
• Market Snapshot: It's an affordable neighborhood with significant potential for appreciation.

Emerson Garfield and North Town (Garland District)

These neighborhoods are close to the Garland District, known for its walkability and small businesses.

Features:

• Walkability: Highly walkable with restaurants, breweries, coffee shops, and boutiques.
• Community: Active summer farmer's market and vibrant community activities.
• Market Snapshot: Average prices in Emerson Garfield are around $305,000, and in North Town, around $340,000.

These neighborhoods offer affordability, community feel, and potential for growth. If you have specific needs or want to explore more, feel free to reach out. Let's discuss your situation, explore neighborhoods, and find the perfect home for you in Spokane.