Cheap Homes for Rent in Spanaway, WA from $600 (9 Rentals)

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

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.

property at 246 163rd St S

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2.5 Bath Home for Rent

Available Now

246 163rd St S, Unit 248, Unit 248

246 163rd St S
SpanawayWA98387

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.

Spanaway, WA Local Guide

Cheapest Neighborhoods for Apartments in Spanaway, WA

Pricing Updated: 05/26/2026

Current apartment rentals in the Spanaway, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Spanaway Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Elk Plain$2,600$2,6001
Autumn Woods$2,995$1,45019

Cheapest Available Spanaway Apartments for Rent

 

The cheapest available apartment rental in Spanaway, WA is a 1 Bed unit found at Oak Park Apartments in the Outlying McChord neighborhood priced from $1,075. Concordia Apartments in the P.L.U. neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,245. Here is today’s list of the most affordable Spanaway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Park Apartments1BR/1.0BA1BR,1BA$1,075
Concordia Apartments2BR/1.0BA2BR,1BA$1,245
Oliver ApartmentsOne Bedroom1BR,1BA$1,300

Best Value Apartments for Rent in Spanaway, WA

As of May 26, 2026 the best value apartment in the Spanaway area is the $1.39 price per square foot 3 bed + Den Model at The Grove Townhomes in the in the Autumn Woods neighborhood starting from $2,600. The second greatest value Spanaway apartment is the Hemlock Model at Sawyer Trail Apartments & Townhomes starting at $2,286 with a $2.01 price per square foot in the Autumn Woods neighborhood. Here is today’s list of the best values for Spanaway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove Townhomes3 bed + Den3BR,2.5BA$1.39
Sawyer Trail Apartments & TownhomesHemlock3BR,2BA$2.01
Bellamonte3/2 1105sf3BR,2BA$1.88
Parklane Court Townhomes2x1.5 Townhome outside unit2BR,1.5BA$1.78
Northwood Apartments2 Bedroom2BR,1BA$1.50
Oak Park Apartments1BR/1.0BA1BR,1BA$1.34
Concordia Apartments2BR/1.0BA2BR,1BA$1.59
Heather Court2BR/1.0BA2BR,1BA$1.86
Crystal Springs Apartments2BR/1.0BA2BR,1BA$1.91
Oliver ApartmentsOne Bedroom1BR,1BA$1.86

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.

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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.

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

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Frequently Asked Questions about Spanaway

What type of rentals are currently available in Spanaway?

There are currently 131 Apartments for Rent in Spanaway, WA with pricing that ranges from $495 to $2,995. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spanaway ranging from $695 to $3,625.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spanaway ranges from $695 to $3,625 with an average monthly rent of $2,392.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spanaway range from $2,210 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,145. Four Bedroom Single-Family rentals are also available starting from $2,770 and Four Bedroom Apartments start at $2,995.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.