Cheap Apartments for Rent in Spokane Valley, WA from $500 (194 Rentals)

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Somerset Meadows
Rent Specials
$1,112 - $1,272
Total Monthly Price

Total Monthly Price

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$1,112 - $1,272
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1 to 3 Bedroom Apartments Available Now

Somerset Meadows

4216 N McDonald RdSpokane Valley, WA 99216
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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.

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Broadway 190
Rent Specials
$1,176 - $1,846
Total Monthly Price

Total Monthly Price

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$1,176 - $1,846
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Studio to 3 Bedroom Apartments Available Now

Broadway 190

11813 E Broadway AveSpokane Valley, WA 99206
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Aspen
Rent Specials
$1,198 - $1,673
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$1,198 - $1,673
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1 to 3 Bedroom Apartments Available May 22

Aspen

15821 E 4th AveSpokane Valley, WA 99037
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Bella Tess
Rent Specials
$1,206 - $2,051
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$1,206 - $2,051
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Studio to 3 Bedroom Apartments Available Now

Bella Tess

17016 E Indiana PkySpokane Valley, WA 99016
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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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The Whimsical Pig
Rent Specials
$1,281 - $1,560
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Base Rent
$1,281 - $1,560
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1 to 3 Bedroom Apartments Available Now

The Whimsical Pig

13303-13303 E Mission AveSpokane Valley, WA 99216
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Eagle Rock
Rent Specials
$1,295 - $1,820
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Total Monthly Price

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$1,295 - $1,820
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1 to 3 Bedroom Apartments Available Now

Eagle Rock

12423 E Mansfield AveSpokane Valley, WA 99206
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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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Trillium
Rent Specials
$1,303 - $1,864
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Total Monthly Price

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$1,303 - $1,864
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Studio to 3 Bedroom Apartments Available Now

Trillium

12925 E Mansfield AveSpokane Valley, WA 99216
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Village on Broadway
$1,310 - $1,475
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$1,310 - $1,475
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1 to 3 Bedroom Apartments Available Jun 1

Village on Broadway

12623 E Broadway AveSpokane Valley, WA 99216
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The Homestead
Rent Specials
$1,321 - $2,131
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$1,321 - $2,131
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1 to 3 Bedroom Apartments Available Now

The Homestead

15720 E 4th AveSpokane Valley, WA 99037
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Revere Ridge
Rent Specials
$1,328 - $1,513
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Total Monthly Price

Base Rent
$1,328 - $1,513
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1 to 4 Bedroom Apartments Available Now

Revere Ridge

1723 N Union RdSpokane Valley, WA 99206
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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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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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Spokane Valley, WA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Spokane Valley, WA

Pricing Updated: 05/19/2026

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$2,001$1,025160

Cheapest Available Spokane Valley Apartments for Rent

 

The cheapest available apartment rental in Spokane Valley, WA is a 1 Bed unit found at Valley Green Apartments in the Opportunity neighborhood priced from $895. 9525-9529 E Mission Ave in the West Valley neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $900. Here is today’s list of the most affordable Spokane Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Green ApartmentsExtra Large 1-Bedroom1BR,1BA$895
9525-9529 E Mission AveRent by Room6BR,5BA$900
Winter Heights Apartments2 bed2BR,2BA$990
Mirabeau CommonsTwo Bedroom2BR,2BA$990
Talon Hills22BR,1BA$995
40601BR/1.0BA1BR,1BA$995
Regal Village1 Bed, 1 bath1BR,1BA$1,000
Cedar Chateau Estates1 Bedroom1BR,1BA$1,010
Cedar Chateau Estates B1 Bedroom1BR,1BA$1,010
The Villages on 4th & SullivanOne Bedroom1BR,1BA$1,025

Best Value Apartments for Rent in Spokane Valley, WA

As of May 19, 2026 the best value apartment in the Spokane Valley area is the $0.44 price per square foot Rent by Room Model at 9525-9529 E Mission Ave in the in the West Valley neighborhood starting from $900. The second greatest value Spokane Valley apartment is the 3BR/1.5BA Model at The Landing off Pines starting at $1,575 with a $1.13 price per square foot in the West Valley neighborhood. 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.
9525-9529 E Mission AveRent by Room6BR,5.5BA$0.44
The Landing off Pines3BR/1.5BA3BR,1.5BA$1.13
Mirabeau CommonsThree Bedroom3BR,2BA$1.16
Summit Ridge Apartments2 Bedroom2BR,2BA$1.21
Mirabeau Place2 bed2BR,2BA$1.01
First Liberty Apartments2 Bedroom2BR,2BA$1.22
Pointe Apartments2 Bedroom2BR,1.5BA$1.12
Cedar Canyon Villas2 Bedroom 1 Bath2BR,1BA$1.24
Talon Hills22BR,1BA$1.11
Cedar Park Apartments2 Bedroom 1 Bath2BR,1BA$1.22

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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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!

Spokane Valley, WA
Population: 99,703

Ranked #313

in US Census Population by City

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Pet Friendly Lifestyle
Spokane Valley, WA

Ranked #5

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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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 Farr Court listed at $1,203.

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

The lowest price for a Cheap One Bedroom Spokane Valley Apartment is $895 at Valley Green 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 $990 at Winter Heights 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

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

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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.