Housing & Real Estate — Cheney, Washington
Overview
| Total Housing Units | 5,051 |
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| Occupied | 4,826 |
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| Vacant | 225 |
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| Owner-Occupied | 1,494 |
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| Renter-Occupied | 3,332 |
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| Median Home Value (Census) | $395,900 |
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| Estimated 2026 | ~$453,000 |
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| Median Rent | $1,075/mo |
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| Median Property Tax | $3,251/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 23.7% |
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| Severely Rent-Burdened | 51.2% |
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Housing Age
| Built 2010 or later | 1,016 |
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| Built 2000-2009 | 983 |
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| Built 1990-1999 | 603 |
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| Built before 1960 | 444 |
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| Median Year Built | 1990 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
