Cheap Homes for Rent in Spokane, WA from $500 (9 Rentals)

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Spokane, WA Local Guide

Cheapest Neighborhoods for Apartments in Spokane, WA

Pricing Updated: 03/22/2025

Current apartment rentals in the Spokane, WA area range in price from $717 to $7,300 with an overall median price of $2,126. The three Spokane neighborhoods with the lowest median rent pricing are Northwest at $755, Mirabeau at $928, and Audubon Downriver at $755. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Spokane Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest$1,495$7552599
Mirabeau$1,605$928533
Audubon Downriver$1,620$7553775
Emerson Garfield$1,645$7553209
Lidgerwood$1,645$7551128
Hillyard$1,650$7552144
Nevada Lidgerwood$1,650$7551711
West Central$1,650$750314
Whitman$1,650$7552428
Chief Garry Park$1,675$7553283

Cheapest Available Spokane Apartments for Rent

 

The cheapest available apartment rental in Spokane, WA is a Studio unit found at The Dresden in the Panorama Place neighborhood priced from $750. Rennwood Court Apartments in the Panorama Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Spokane apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The DresdenStudioStudio,1BA$750
Rennwood Court Apartments1 Bedroom 1 Bath1BR,1BA$775
Elm Apartments in Browne's Addition!StudioStudio,1BA$795

Best Value Apartments for Rent in Spokane, WA

As of March 22, 2025 the best value apartment in the Spokane area is the $0.54 price per square foot D1 Model at 940 North in the in the Riverside neighborhood starting from $799. The second greatest value Spokane apartment is the 2x2 Model at Bellwood Park Apartments starting at $1,300 with a $1.15 price per square foot in the Town and Country neighborhood. Here is today’s list of the best values for Spokane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
940 NorthD14BR,2BA$0.54
Bellwood Park Apartments2x22BR,2BA$1.15
Sunset House Apartments2 Bedroom2BR,1BA$1.14
Summit Ridge Apartments2 Bedroom2BR,2BA$1.17
Cedar Canyon VillasSchweitzer2BR,2BA$1.13
807 E Gordon Ave807 E Gordon Ave1BR,1BA$1.20
Adams Court Apartments2x22BR,2BA$1.18
CEDAR SPRINGS ESTATES II & IIB2 Bedroom 1 Bath2BR,1BA$1.23
Colfax Sandhill ApartmentsSandhill- 2 bedroom2BR,1BA$1.17
Evergreen Annex2 bedroom2BR,1BA$1.16

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Frequently Asked Questions about Spokane

What type of rentals are currently available in Spokane?

There are currently 1544 Apartments for Rent in Spokane, WA with pricing that ranges from $717 to $7,300. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spokane ranging from $500 to $3,995.

What is the current price range for Rental Homes in Spokane?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spokane ranges from $500 to $3,995 with an average monthly rent of $2,339.

How much are larger Three and Four Bedroom Rentals in Spokane?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spokane range from $1,175 to $7,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,125. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $1,645.

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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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.