Rentometer, Inc. | Data as of 10/24/2025
Liberty Lake, nestled in eastern Washington, blends small‑town charm with easy access to the vibrant Spokane metropolitan area. Residents enjoy a scenic waterfront setting, extensive trail networks, and abundant outdoor recreation at Liberty Lake Regional Park and the nearby Spokane River. The community’s strong schools, family‑friendly neighborhoods, and growing retail and dining scene make it a sought‑after destination for renters looking for a balanced lifestyle that combines natural beauty with modern conveniences.
The rental market in Liberty Lake reflects this diverse appeal, offering a range of options from contemporary apartments to spacious family homes. One‑bedroom apartments typically rent in the $1500s, while two‑bedroom units trend in the $1700s. Larger three‑bedroom apartments hover around $2000, and three‑bedroom houses are commonly found in the $2500s, with four‑plus bedroom homes often listed in the $3000s. Popular neighborhoods such as Meadowridge and the Liberty Lake Village area provide easy access to shopping, schools, and recreational amenities. Prospective renters appreciate the blend of affordable apartment living and the opportunity to find larger single‑family homes without leaving the city limits, making Liberty Lake a compelling choice for students, young professionals, and growing families alike.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,547 | $1,575 | $1,059 - $1,992 | $1,467 - $1,625 |
| Apartment | 2 Bedroom | $1,746 | $1,695 | $1,272 - $2,230 | $1,585 - $1,900 |
| Apartment | 3 Bedroom | $2,023 | $2,019 | $1,468 - $2,400 | $1,884 - $2,195 |
| House | 3 Bedroom | $2,576 | $2,500 | $2,250 - $3,150 | $2,435 - $2,650 |
| House | 4+ Bedroom | $3,074 | $2,950 | $2,750 - $3,495 | $2,895 - $3,200 |
In the current period, the average rent in Liberty Lake was
$1,548 for 1 Bedroom,
$1,769 for 2 Bedroom,
$2,342 for 3 Bedroom, and
$3,075 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.