All Countries
Cheney, WA
Full City Profile · Washington · Spokane County County
2.5
/5.0
C+
Fair
12,830
Population
2,956/sq mi density
$47,039
Median Income
$26,001 per capita
$330,300
Home Value
$415,773 Zillow
$1,075
Median Rent
39.1% income on rent
45°F
Avg Temperature
273 sunny days/yr
309
Violent Crime/100K
1,615 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$47,039 median income, 8.1% unemployment
C+
Affordability
2.7 / 5.0
$330,300 home value, $1,075/mo rent
F
Safety
1.0 / 5.0
309 violent crimes/100K
B+
Education
3.9 / 5.0
36.8% bachelor's degree or higher
Housing Overview
Median Home Value
$330,300
17% above
US avg: $281,900
Median Rent
$1,075/mo
8% below
US avg: $1,163/mo
Homeownership Rate
31.0%
53% below US avg (65.4%)
Total Housing Units
5,174
Median year built: 1990
Home Value by Source
Census Median
$330,300
Zillow (ZHVI)
$415,773
Median Sale Price
$349,950
Median List Price
$422,050
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
31.0%
Owner-Occupied
69.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,075/mo
· Zillow rent:
$1,525/mo
Market Indicators (Redfin)
Median Days on Market
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
23.7%
of listings with price reduction
Price Per Sq Ft
$222
Active Inventory
38
homes for sale
Affordability & Housing Stock
Rent Burden
39.1%
of renters spending 30%+ of income on housing
26% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
31.0%
Complete Housing Data
Home Values
| Census Median Value | $330,300 |
| Zillow Home Value (ZHVI) | $415,773 |
| Median Sale Price | $349,950 |
| Median List Price | $422,050 |
| Price Per Sq Ft | $222 |
Rent
| Census Median Rent | $1,075 |
| Zillow Rent (ZORI) | $1,525 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 57 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.7% |
| Homes Sold | 11 |
| Active Inventory | 38 |
| Price Per Sq Ft | $222 |
Ownership & Stock
| Owner-Occupied | 31.0% |
| Renter-Occupied | 69.0% |
| Homeownership Rate | 31.0% |
| Total Housing Units | 5,174 |
| Median Year Built | 1990 |
| Rent Burden | 39.1% |