Cheap Homes for Rent in Millwood, WA from $700 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Millwood.

property at 901 N Locust Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

901 N Locust Rd, Unit #3

901 N Locust Rd
SpokaneWA99206

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.

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.

Millwood, WA Local Guide

Cheapest Available Millwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Millwood, WA is a Studio unit found at Village Square in the West Valley neighborhood priced from $850. Winter Heights Apartments in the Spokane Business Industrial Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $990. Here is today’s list of the most affordable Millwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village SquareStandard StudiosStudio,1BA$850
Winter Heights Apartments2 bed2BR,2BA$990
40601BR/1.0BA1BR,1BA$995

Best Value Apartments for Rent in Millwood, WA and Nearby

As of July 05, 2026 the best value apartment in the Millwood area is the $1.42 price per square foot 3 Bedroom 2.5 Bathroom Model at Orchard Townhomes in the in the West Valley neighborhood starting from $1,875. The second greatest value Millwood apartment is the 2 bed 2 bath Model at Gray Ridge Apartments starting at $1,595 with a $1.53 price per square foot in the West Valley neighborhood. Here is today’s list of the best values for Millwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orchard Townhomes3 Bedroom 2.5 Bathroom3BR,2.5BA$1.42
Gray Ridge Apartments2 bed 2 bath2BR,2BA$1.53
Riverside at Coyote RockOrchard Avenue2BR,2BA$1.63
Mirabeau CommonsTwo Bedroom2BR,2BA$1.23
Mirabeau Place2 bed2BR,2BA$1.12
Beringer Properties2bed 2bath2BR,2BA$1.49
Parkside at MirabeauEverlake A2BR,2BA$1.58
Montgomery Court2 Bed 1 Bath Renovated2BR,1BA$1.63
Eagle Pointe2x12BR,1BA$1.28
Winter Heights Apartments1 bed1BR,1BA$1.52

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Millwood, WA Rentals by Map

View Map
Millwood, WA Apartments Map
View Map
Millwood, WA Rental Homes Map

Frequently Asked Questions about Millwood

What type of rentals are currently available in Millwood?

There are currently 89 Apartments for Rent in Millwood, WA with pricing that ranges from $850 to $2,295. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Millwood ranging from $700 to $3,250.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Millwood ranges from $700 to $3,250 with an average monthly rent of $1,928.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.