Homes For Rent in Liberty Lake, WA

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What to Know About

Life in Liberty Lake & Beyond

Liberty Lake shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Liberty Lake, WA

As of March 2025, Liberty Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Liberty Lake's average rent is 8.7% ($153) higher than the Washington average of $1,752 and 6.5% ($117) higher than the U.S. average of $1,788.

Average Rent
$1,905
Monthly ChangeMonth Over Month Change
Increased13.4% ($225)
Yearly ChangeYear Over Year Change
Decreased13.3% ($292)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,327 Increased1.8% ($24) Increased2.2% ($29)
2 Beds $1,585 Increased1.9% ($29) Decreased7.5% ($128)
3 Beds $1,941 Increased0.5% ($10) Decreased26% ($682)
Nearby Cities Average Rent Avg. Rent vs. Liberty LakeAverage Rent vs. Liberty Lake Avg. Days on MarketAverage Days on Market
Greenacres $1,818 Decreased4.6% ($87) 31 days
Veradale $1,263 Decreased33.7% ($642) 30 days
Post Falls $1,914 Increased0.5% ($9) 32 days
Spokane $1,396 Decreased26.7% ($509) 27 days
Coeur D Alene $1,542 Decreased19.1% ($363) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Liberty Lake Rental Market FAQs

Explore rental prices, market trends, and availability in Liberty Lake, WA.

The average rent in Liberty Lake, WA is $1,905 per month.
Homes in Liberty Lake typically rent for between $929 and $2,523 per month, with an average of $1,905 per month.
In Liberty Lake, the average rent for a 1-bedroom home is $1,327 per month, for a 2-bedroom home, $1,585 per month, and a 3-bedroom home is $1,941 per month.
The average rent in Liberty Lake is 6.5% ($117) higher than the national average of $1,788 per month.
The average rent in Liberty Lake has increased by 13.4% ($225) in the last month and decreased by 13.3% ($292) over the past year.
The rental market in Liberty Lake, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Liberty Lake, WA, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 10 rental properties available in Liberty Lake, WA.
Based on the current averages, a household would need an annual income of $63,400 to comfortably afford a 2-bedroom home in Liberty Lake.
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