The median home in Cheney, Washington is valued at $410,767, up 0.2% year over year. Typical monthly rent is $1,541, producing a price-to-rent ratio of 22.2x — well above the national average of 18x. Cheney is part of the Spokane-Spokane Valley, WA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$410,767

+0.2%

Rent$1,541/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Cheney.

Income (annual)

Down Payment

$82,153 on $410,767

Example: $75,000 household income. Change it above to see your own.

Out of reach40.5% of income

Need $108,386/yr to afford.

PITI$2,529

P/I40.5%

Afford$284K

Gap-$127K

P&I $2,077Tax $335Ins $117

Renting $988/mo cheaper ($1,541 rent)6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Washington

Compare Cheney with other housing markets across Washington.

Hunts Point$7.98M Medina$4.38M Yarrow Point$4.21M Clyde Hill$4.01M Beaux Arts Village$2.76M Woodway$2.3M Mercer Island$2.24M Sammamish$1.57M

Full Spokane-Spokane Valley, WA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Spokane-Spokane Valley, WA metro.

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Cheney, WA