Cheap Apartments for Rent in the Balboa Neighborhood of Spokane, WA from $500 (36 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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Lilac Plaza Retirement Home
Studio to 1 Bedroom Apartments

Lilac Plaza Retirement Home

7007 N Wiscomb StSpokane, WA 99208
Senior Living
  • Utilities Included
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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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Singletree Apartments
1 Bedroom Apartments

Singletree Apartments

6211 N Lidgerwood StSpokane, 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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Ruby Wynd Apartments
2 Bedroom Apartments

Ruby Wynd Apartments

6008-6014 N Ruby StSpokane, WA 99208
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Colton Apartments
2 Bedroom Apartments

Colton Apartments

6120 N Colton StSpokane, WA 99208
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Alexan Court
1 to 2 Bedroom Apartments

Alexan Court

6120 N Lidgerwood StSpokane, WA 99208
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Country Homes Court
1 to 2 Bedroom Apartments

Country Homes Court

508 W Shasta WaySpokane, WA 99208
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Whitworth Court
2 Bedroom Apartments

Whitworth Court

10110-10112 N Colfax RdSpokane, WA 99218
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Showing Results 1-36, Page 1 of 1

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$1,040
Woodstone Communities1 Bedroom1BR,1BA$1,050
Serrano ApartmentsPoblano2BR,1BA$1,050
VINTAGE AT SPOKANE2 Bedroom 1 Bath B | Age 55+2BR,1BA$1,074
Northridge Court1 bed 1 bath1BR,1BA$1,100
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1,110
North Hill MillenniumStudioStudio,1BA$1,190

Best Value Apartments for Rent in Balboa, WA

As of April 13, 2025 the best value apartment in the Balboa area is the $1.36 price per square foot 3x2 Model at GoGo Heights in the in the Balboa neighborhood starting from $1,699. The second greatest value Balboa apartment is the Pequin Model at Serrano Apartments starting at $1,300 with a $1.32 price per square foot in the Chief Garry Park 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.
GoGo Heights3x23BR,2BA$1.36
Serrano ApartmentsPequin3BR,1.5BA$1.32
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1.23
Colfax Sandhill ApartmentsSandhill- 2 bedroom2BR,1BA$1.17
The GroveDaisy2BR,1BA$1.40
Cedar Crossing Apartments2 Bed/1 Bath2BR,1BA$1.53
628 W Cleveland Ave, Unit 1628 W Cleveland Ave1BR,1BA$1.30
VINTAGE AT SPOKANE2 Bedroom 1 Bath B | Age 55+2BR,1BA$1.50
Rosewood ClubOne Bedroom- Classic1BR,1BA$1.53
Northridge Court1 bed 1 bath1BR,1BA$1.64

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Pet Friendly Lifestyle
Balboa, Spokane, WA

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Balboa, Spokane, WA

School data provided by Great Schools

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 price of a cheap apartment in Balboa?

The cheapest apartment in Balboa is Forest Park Court which is listed at $875, while the average apartment in Balboa costs $2,720.

What types of apartments are the cheapest in Balboa?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Balboa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Balboa?

Cheap apartments in Balboa have an average cost of $208 which is $2,512 cheaper than the average rent for all rentals in Balboa.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.