Cheap Apartments for Rent in Spokane Valley, WA from $500 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in Spokane Valley.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Granite Pointe III
Studio to 3 Bedroom Apartments

Granite Pointe III

12710 E Mansfield AveSpokane Valley, WA 99216
  • Utilities Included
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Clocktower
2 Bedroom Apartments

Clocktower

15719 E 4th AveSpokane Valley, WA 99037
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211-219 S Whipple Rd
1 to 2 Bedroom Apartments

211-219 S Whipple Rd

211-219 S Whipple RdSpokane Valley, WA 99206
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Cascade Pines
2 Bedroom Apartments

Cascade Pines

2705 N Pines RdSpokane Valley, WA 99206

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Homestead
1 to 3 Bedroom Apartments

The Homestead

15720 E 4th AveSpokane Valley, WA 99037

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Spokane Valley, WA Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Spokane Valley, WA

Pricing Updated: 10/31/2025

Current apartment rentals in the Spokane Valley, 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 Spokane Valley Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Greenacres$2,175$1,000155

Cheapest Available Spokane Valley Apartments for Rent

 

The cheapest available apartment rental in Spokane Valley, WA is a 2 Beds unit found at Valley Green Apartments in the Opportunity neighborhood priced from $795. Greenrich Village in the West Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Spokane Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Green Apartments2 Beds, 1 bath2BR,1BA$795
Greenrich VillageStudioStudio,1BA$895
Park Place ApartmentsStudio+DenStudio,1BA$925
Dearborn Apartments1-bedroom1BR,1BA$975
Mirabeau CommonsTwo Bedroom2BR,2BA$990
Pointe Apartments2 Bedroom2BR,1BA$995
Mirabolante Apartments - 2340 bedroom 1 bathStudio,1BA$1,000
Cedar Chateau Estates1 Bedroom1BR,1BA$1,010
Cedar Chateau Estates B1 Bedroom1BR,1BA$1,010
Alderwood Apartments1 Bedroom 1 Bath1BR,1BA$1,050

Best Value Apartments for Rent in Spokane Valley, WA

As of October 31, 2025 the best value apartment in the Spokane Valley area is the $1.16 price per square foot Three Bedroom Model at Mirabeau Commons in the in the Spokane Business Industrial Park neighborhood starting from $1,433. The second greatest value Spokane Valley apartment is the 3 Bedroom Model at Pointe Apartments starting at $1,239 with a $1.05 price per square foot . Here is today’s list of the best values for Spokane Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mirabeau CommonsThree Bedroom3BR,2BA$1.16
Pointe Apartments3 Bedroom3BR,2BA$1.05
Beau Rivage 1152Bed, 2.5Bath TH2BR,2.5BA$1.32
Winter Heights Apartments2 bed2BR,2BA$1.07
First Liberty Apartments2 Bedroom2BR,2BA$1.22
Pheasant Ridge Apartments2 Bedroom 2 Bath2BR,2BA$1.26
Argonne Terrace Apartments2 bedroom Townhouse2BR,1.5BA$1.22
Adams Square2x12BR,1BA$1.31
Granite Court Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.29
Valley Green Apartments2 Beds, 1 bath2BR,1BA$1.23

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Spokane Valley Overview

Spokane is a lovely place to live by all accounts. Beautiful natural surroundings, a lovely climate, a rich history and shadings of academia all combine to make it an ideal setting for students, young professionals, families and aging couples.

Why live in Spokane Valley, WA?

While there are many excellent reasons to move to Spokane, they will differ by age and time in life. For the young, the most obvious one is education. With two wonderful universities and an amazing student life scene, this is a great place to enjoy early adulthood. Families who want a safe and nurturing community for their children will find great schools, amazing weather, outdoor options and citywide extracurriculars. There is also a thriving elder scene, with lots of assisted living and senior center options. But anyone who enjoys fresh air, lots of walking or biking, hobbies and food will love living in Spokane, regardless of age!

Pet Friendly Lifestyle
Spokane Valley, WA

Ranked #10

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Spokane Valley, WA

School data provided by Great Schools

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

Explore Spokane Valley, WA Rentals by Map

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See the most popular apartments and homes in Spokane Valley, WA

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Getting Around Spokane Valley, WA

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Spokane Valley Apartments

What is the Cheapest Studio apartment in Spokane Valley?

Currently the most affordable Cheap Studio Apartment in Spokane Valley is at Greenrich Village listed at $895.

How much is rent for a Cheap One Bedroom Spokane Valley Apartment?

The lowest price for a Cheap One Bedroom Spokane Valley Apartment is $950 at Park Place Apartments.

What is the lowest price for a Cheap Two Bedroom Spokane Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spokane Valley is starting from $795 at Valley Green Apartments.

What is the most affordable Spokane Valley Three Bedroom Apartment?

The best deal on a cheap Spokane Valley Three Bedroom Apartment rental is at Winter Heights Apartments and starts from $1,150.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.