Cheap Apartments for Rent in the Balboa Neighborhood of Spokane, WA from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa area of Spokane.

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Pine Villa
1 to 3 Bedroom Apartments

Pine Villa

33 E Graves RdSpokane, WA 99218
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Wedgewood Park
1 to 3 Bedroom Apartments

Wedgewood Park

212 E Wedgewood AveSpokane, WA 99208
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Stonegate Apartments
1 to 2 Bedroom Apartments

Stonegate Apartments

6121-6123 N Lidgerwood StSpokane, WA 99208
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Lyons Crest
1 to 2 Bedroom Apartments

Lyons Crest

6612 N Addison StSpokane, WA 99208
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Greenwood Apartments
Studio to 1 Bedroom Apartments

Greenwood Apartments

7001-7025 N Atlantic StSpokane, WA 99208
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Alexan Court
1 to 2 Bedroom Apartments

Alexan Court

6120 N Lidgerwood StSpokane, WA 99208

Balboa, Spokane, WA Local Guide

Cheapest Available Balboa Apartments for Rent

 

The cheapest available apartment rental in the Balboa area of Spokane, WA is a 1 Bed unit found at Forest Park Court priced from $875. Colfax Sandhill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Balboa apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Forest Park CourtAlpine1BR,1BA$875
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR,1BA$900
Rosewood ClubOne Bedroom- Classic1BR,1BA$950
Serrano ApartmentsTabasco2BR,1BA$1,025
Cedar Meadows2 Bedroom 1 Bath2BR,1BA$1,045
Woodstone Communities1 Bedroom1BR,1BA$1,050
North Hill MillenniumStudioStudio,1BA$1,090
Northridge Court1 bed 1 bath1BR,1BA$1,100
Magnesium Village1-11BR,1BA$1,195
VINTAGE AT SPOKANE - A 55+ Community2 Bedroom 1 Bath 60%2BR,1BA$1,199

Best Value Apartments for Rent in Balboa, WA

As of February 19, 2025 the best value apartment in the Balboa area is the $1.42 price per square foot Two Bedroom Model at Farwell North in the in the Balboa neighborhood starting from $1,640. The second greatest value Balboa apartment is the 2x2B Model at GoGo Heights starting at $1,314 with a $1.15 price per square foot in the Balboa neighborhood. Here is today’s list of the best values for Balboa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Farwell NorthTwo Bedroom2BR,2BA$1.42
GoGo Heights2x2B2BR,2BA$1.15
Bellwood Park Apartments2x22BR,2BA$1.19
The GroveBegonia3BR,1.5BA$1.27
Serrano ApartmentsPequin3BR,1.5BA$1.29
539 W Central Ave, Unit 539 W Central539 W Central Ave2BR,1BA$1.38
Velo Apartments Spokane2 x 1.52BR,1.5BA$1.61
Cedar Crossing Apartments2 Bed/1 Bath2BR,1BA$1.53
Cedar Meadows2 Bedroom 1 Bath2BR,1BA$1.22
Rosewood ClubOne Bedroom- Renovated1BR,1BA$1.47

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Pet Friendly Lifestyle
Balboa, Spokane, WA

Ranked #18

Among neighborhoods in Spokane, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Spokane, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Balboa Apartments

What is the Cheapest Studio apartment in Balboa?

Currently the most affordable Cheap Studio Apartment in Balboa is at North Hill Millennium listed at $1,090.

How much is rent for a Cheap One Bedroom Balboa Apartment?

The lowest price for a Cheap One Bedroom Balboa Apartment is $875 at Forest Park Court.

What is the lowest price for a Cheap Two Bedroom Balboa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Balboa is starting from $1,025 at Serrano Apartments.

What is the most affordable Balboa Three Bedroom Apartment?

The best deal on a cheap Balboa Three Bedroom Apartment rental is at Serrano Apartments and starts from $1,275.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.