
Cheap Apartments for Rent in the Riverwalk Neighborhood of Auburn, WA from $1,000 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Auburn.


Reserve at Auburn for 55+ Active Seniors

Windsor Park Apartments

Sherwood Gardens
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Auburn Court Senior Affordable Apartments

Mill Pond Apartments

SUNDANCER APARTMENTS

Homestead South
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

O St Apartments
Riverwalk, Auburn, WA Local Guide

How much does it cost to rent an apartment in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk Studio Apartments | $1,477 | $1,099 | $1,719 |
| Riverwalk 1 Bedroom Apartments | $1,596 | $1,269 | $2,015 |
| Riverwalk 2 Bedroom Apartments | $1,903 | $1,399 | $2,425 |
| Riverwalk 3 Bedroom Apartments | $2,358 | $1,995 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Riverwalk Neighborhood of Auburn, WA.
See all Apartments in AuburnExplore Auburn
Riverwalk, Auburn, WA Local Guide
- Nearby Auburn neighborhoods
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Cheapest Available Riverwalk Apartments for Rent
 The cheapest available apartment rental in the Riverwalk area of Auburn, WA is a Studio unit found at Estates at Hillside Gardens Affordable Senior Community priced from $1,099. Reserve at Auburn for 55+ Active Seniors has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,199. Here are the most affordable Riverwalk apartments for rent in Auburn, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Estates at Hillside Gardens Affordable Senior Community | Studio 1 Bath S1 | Studio,1BA | $1,099 |
| Reserve at Auburn for 55+ Active Seniors | Riverpoint B1 | 2BR,1BA | $1,199 |
| Windsor Park Apartments | The Carlisle | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Riverwalk, WA
As of June 22, 2026 the best value apartment in the Riverwalk area is the $1.67 price per square foot Upper Rambler Model at Noble Court Estates in the in the East Auburn neighborhood starting from $2,000. The second greatest value Riverwalk apartment is the 2BR/1.0BA Model at O St Apartments starting at $1,375 with a $1.31 price per square foot in the East Auburn neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Noble Court Estates | Upper Rambler | 2BR,2BA | $1.67 |
| O St Apartments | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Mill Pond Apartments | Two Bedroom | 2BR,2BA | $1.80 |
| Estates at Hillside Gardens Affordable Senior Community | 2 Bed 1 Bath B3 | 2BR,1BA | $2.45 |
| ReNew Lea Hill | Ash | 1BR,1BA | $2.33 |
| Legacy Plaza Senior Living | 1 Bedroom | 1BR,1BA | $2.46 |
| Clearwater Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $2.30 |
| The Gardens Apartments | 1BR/1.0BA | 1BR,1BA | $2.29 |
| Sherwood Gardens | 1 Bed, 1.00 Bath | 1BR,1BA | $2.64 |
| Windsor Park Apartments | The Carlisle | Studio ,1BA | $2.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleRiverwalk, Auburn, WA
Ranked #1
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Riverwalk Apartments
What is a cheap apartment in Riverwalk?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwalk is under $1,550.
What is the price of a cheap apartment in Riverwalk?
The cheapest apartment in Riverwalk is Estates at Hillside Gardens Affordable Senior Community which is listed at $1,269, while the average apartment in Riverwalk costs $2,181.
What types of apartments are the cheapest in Riverwalk?
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 35 regular apartments in Riverwalk 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 Riverwalk?
Cheap apartments in Riverwalk have an average cost of $691 which is $1,490 cheaper than the average rent for all rentals in Riverwalk.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.