Property Management Blog

By Cobalt Property Management - Monday, June 2, 2025

Washington’s HB 1003 Passed!: What Spokane Property Managers Need to Know

HB 1003: What Spokane Property Managers Need to Know Spokane’s rental market is getting more complicated as our local representatives continue to pass legislation adding additional responsibilities to Spokane property managers... Enter ...

By Cobalt Property Management - Wednesday, May 21, 2025

April Multi-Family Market Overview

What Spokane Rental Owners Need to Know About the Multi-Family Market for April 2025 Every month, we track the activity level for multi-family in Spokane. As a full-service Spokane property management company, we keep our finger on the pulse of the market to better se...

By Cobalt Property Management - Wednesday, April 23, 2025

3 Ways Spokane Property Managers Can Keep Long Term Tenants

3 Ways Spokane Property Managers Can Keep Long-Term TenantsWe’ve got some exciting news to share from the rental world. A recent poll conducted by Buidium, one of the nation’s largest property management platforms, revealed that 47% of tenants plan to renew their leas...

By Cobalt Property Management - Wednesday, April 16, 2025

Q1 2025 Spokane Rental Sales Results

Spokane Multifamily Sales: Comparing Q1 2024 and Q1 2025As we step into the Spokane rental market for 2025, it’s clear the Spokane & Spokane Valley market has experienced some notable shifts compared to the same time last year. Below is a breakdown of the key trends we&...

By Cobalt Property Management - Tuesday, April 8, 2025

Is Washington Capping Rental Rates?

Understanding House Bill 1217: 5 Key Impacts on Washington State LandlordsHey there, this is Doc from Cobalt Property Management, your go-to resource for Spokane Property Management and Spokane Rentals. Today, I’m diving into House Bill 1217, a piece of legislation currentl...

By Cobalt Property Management - Friday, March 28, 2025

Spokane Rental Vacancy Rates on the Rise for 2025

Based on Costar’s report for 2024, Spokane rental vacancy rates for apartments are trending significantly higher than we have seen since 2011. 2024 ended with a 5.9% vacancy rate for Spokane multi-family properties, and 2025 is continuing that trend, with YTD 2025 seeing a ...

By Cobalt Property Management - Friday, March 21, 2025

Spokane Rental Market Sees $50,000 Decrease in 2024

Spokane Rental/Multi Family Sales Price Per Unit Drops $50,000 in 2024 According to Costar, Spokane rentals have seen a significant decrease in average sales price per unit, dropping from $173,923 in 2023 to $123,906 in 2024. This marks the largest year-over-year change (29%) in...

By Cobalt Property Management - Friday, March 14, 2025

March's Key Rental Housing Data for Spokane

What Spokane Rental Owners Need to Know About the Multi-Family Market (March Report)Staying informed about rental market trends is crucial for making strategic investment decisions. Our analysis of Spokane's rental housing data provides key insights into how the market is evo...

By Cobalt Property Management - Friday, February 14, 2025

Key Rental Housing Data for Spokane

What Spokane Rental Owners Need to Know About the Multi-Family MarketStaying informed about rental market trends is crucial for making strategic investment decisions. Our analysis of Spokane's rental housing data provides key insights into how the market is evolving. Here&rsq...

By Cobalt Property Management - Thursday, February 6, 2025

Avoid These 4 Things When Buying a Rental

These are the four things you want to avoid when investing in a rental property. So number one, one is going to be one bedroom units. Now, one bedrooms typically means a condo, a townhome, maybe even a small house. But these are typically harder to rent because there just isn'...

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