What is the rental yield in Riverside, Spokane, Washington?

The gross yield in Riverside, Spokane, Washington is 4.1. Prices are about 2% below Spokane and 43% below Washington, but the market declined over the past year by -17.1. The Red Flag score is 61 and walkability is 97.

How has home value changed in Riverside, Spokane, Washington over the past year?

Home values in Riverside, Spokane, Washington declined over the past year by -17.1. Even so, prices remain about 2% below Spokane and 43% below Washington, with a gross yield of 4.1 and a Red Flag score of 61.

How does Riverside compare with Spokane and Washington?

Riverside in Spokane, Washington is priced about 2% below Spokane and 43% below Washington. It has a gross yield of 4.1, walkability of 97, education in the 54th percentile, and a Red Flag score of 61.

Neighborhood

Riverside

Spokane, Washington US

Riverside in Spokane, Washington is a mixed investment profile, with prices about 2% below Spokane and 43% below Washington, a gross yield of 4.1, and a decline over the past year of -17.1. The neighborhood has a Red Flag score of 61, walkability of 97, and education in the 54th percentile. One strength is the very high walkability; one risk is the elevated Red Flag score.

AI Summary•Updated May 2026

Area

1.15 mi²

ZIP Code

99201

County

Spokane County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$344,898

YoY-17.1%

Gross Rental Yield

4.1%

Listed rent · ZORI annualized

Red Flag Index

High

61 / 100

Walkability Score

Walker's Paradise

OpenStreetMap POI density · national percentile

Education Score

54 / 100

Fair · better than 54% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Limited

DistrictScore attractiveness · national model

Riverside Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Riverside, Spokane.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$344,898	-17.1%
Price / Sq Ft (Verified)	$200/sqft	-0.7%
Asking Rent (Median)	$1,173/mo	+3.8%
Gross Rental Yield	4.1%	—
Liquidity Score	17 / 100	Low
Homes Sold (Period)	29	-12.1%

Is Riverside Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

61 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood80Very High

Earthquake80Very High

Heat80Very High

Strong Wind80Very High

Hail60High

Tornado40Moderate

Wildfire20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Highly walkable neighborhood — score 97/100

Dense amenities — 92 dining & 23 grocery options nearby

Flood risk is Very High (80/100)

Earthquake risk is Very High (80/100)

Insights are generated from Riverside's live DistrictScore metrics.

Riverside Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

9.2 µg/m³ Above EPA annual standard+19.9% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Riverside centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 99% of U.S. neighborhoods.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; Riverside inherits the Washington figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Riverside

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)4.2 kmModerate

Industrial odor6 nearbyVery High

Point-source screening near Riverside: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Riverside

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

97

Walker's Paradise

Walkability Score

23

Grocery

92

Dining

3

Schools

3

Universities

15

Hospitals

2

Pharmacies

18

Parks

3

Rail Transit

0

Coworking

POI counts are amenities within Riverside's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Riverside vs Spokane vs Washington

How Riverside benchmarks against its city and state medians.

Benchmark vs City & State

In Riverside, the median sale price sits in line with the median for Spokane neighborhoods and about 43% below the statewide median. Gross rental yield is 4.1%, against 4.5% for Spokane neighborhoods and 4.0% statewide. Over the past 12 months, prices fell 17.1%. Transaction liquidity sits below the median for Spokane neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Riverside	$200/sqft	4.1%	17
Spokane	$204/sqft	4.5%	33
Washington	$352/sqft	4.0%	32

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Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

Latest Spokane Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Riverside Real Estate FAQ

Riverside in Spokane, Washington offers strong walkability at 97 and prices about 2% below Spokane and 43% below Washington. The gross yield is 4.1, values declined over the past year by -17.1, and the Red Flag score is 61.

Neighborhoods near Riverside

Compare Riverside with nearby neighborhoods in Spokane.

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