Home prices
Cheney's median home cost is $203,500. Compared to other places in this area this is approximately $30,600 (17%) higher.Compared to the entire country it is approximately $14,000 (6%) lower, and is approximately $15,900 (8%) higher in comparison to the city of Spokane.
Rents
The median monthly rent in Cheney is $893. In comparison to other places in this area it is about $82 (10%) higher.Compared to the entire nation it is roughly $169 (15%) lower, and compared to the city of Spokane it is about $27 (3%) higher.
Nearby places
Medical Lake
Medical Lake is approximately 6 miles northwest from Cheney. Its real estate prices are similar. The cost of the median home in Medical Lake is $198,300, which comes out to $5,200 (2%) lower than Cheney. Rents there are somewhat less expensive. Medical Lake's median monthly rent is $692, which is $201 (29%) lower than Cheney.
Spangle
Spangle is approximately 8 miles southeast of Cheney. Real estate prices there are substantially less expensive. Spangle's median home value is $151,600, which comes out to $51,900 (34%) lower than Cheney. The rent there is a bit less expensive. Spangle's median rent is $738 per month, which comes out to $155 (21%) lower than Cheney.
Airway Heights
Airway Heights is roughly 9 miles north of Cheney. Its housing prices are somewhat less expensive. Airway Heights's median home cost is $174,900, which is $28,600 (16%) lower than Cheney. Its rents are a little more expensive. In Airway Heights the median monthly rent is $966, which comes out to $73 (7%) higher than Cheney.
Town and Country
Town and Country is about 15 miles northeast from Cheney. Real estate prices there are a bit less expensive. The cost of the median home in Town and Country is $186,600, which is $16,900 (9%) lower than Cheney. The rent there is somewhat more expensive. The median monthly rent in Town and Country is $1,127, which comes out to $234 (20%) higher than Cheney.
Reardan
Reardan is approximately 15 miles northwest of Cheney. The housing prices there are a lot less expensive. The median home in Reardan is valued at $153,100, which comes out to $50,400 (32%) lower than Cheney. Its rents are significantly less expensive. In Reardan the median monthly rent is $533, which comes out to $360 (67%) lower than Cheney.
