Liberty Lake, Washington Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Liberty Lake, Washington rental market.
Liberty Lake, Washington
Average Apartment Rent
$1,697
Y-o-Y Change in Average
Apartment Rent
2%
As of March 2026
Compared to a year ago, Liberty Lake, Washington apartments have recorded a 2% rent increase.
Liberty Lake, Washington Average apartment rent trend
Liberty Lake, Washington Average Apartment Rent
Liberty Lake, Washington Apartment rent ranges
At 73.03%, apartments priced $1,500 - $2,000 represent the bulk of Liberty Lake, Washington rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.27%.
Liberty Lake, Washington Housing tenure**
Renters take up 34% of Liberty Lake, Washington real estate, occupying a total of 1,494 units, while homeowners live in 2,907 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$66,853
Average household size of renter-occupied housing units**
2.68
Rental vacancy rate**
5%
Liberty Lake, Washington Renter-occupied housing units by no. of bedrooms**
There are 673 rentals in Liberty Lake, Washington with 2 beds making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 28 units. Overall, the median number of rooms in Liberty Lake, Washington homes for rent is 4.2.
Liberty Lake, Washington Renter-occupied units by age of householder**
Most condos for rent in Liberty Lake, Washington are occupied by residents in the 35 - 44 years age group (43%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Liberty Lake, Washington Renter-occupied housing units by family type**
Liberty Lake, Washington Renter-occupied housing units by the presence of own children**
A total of 781 apartments for rent in Liberty Lake, Washington, or 52% of all rentals are family households. Additionally, 46% of rental homes include children under the age of 18 – that’s 692 units. All in all, the median size of a renter-occupied household in Liberty Lake, Washington is 2.68.
Liberty Lake, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Liberty Lake, Washington.
Liberty Lake, Washington Renter-occupied units by year structure built**
The highest share of Liberty Lake, Washington apartment rentals, namely 39% or 585 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (22%, 330 units), and the ones Built 1980 - 1989 (19%, 287 units).
Liberty Lake, Washington Renter-occupied units by year householder moved in**
Liberty Lake, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Liberty Lake, Washington renters have 2 vehicles available per household, 42% of them have 1 vehicle available, and 5% have 3 vehicles available.
Liberty Lake, Washington Means of transportation to work of householders living in renter-occupied housing units**
Liberty Lake, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Liberty Lake, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
