Cheap Apartments for Rent in Spokane Valley, WA from $500 (124 Rentals)

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

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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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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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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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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Cascade Pines
2 Bedroom Apartments

Cascade Pines

2705 N Pines RdSpokane Valley, WA 99206

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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: 07/30/2025

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$2,010$1,005111

Cheapest Available Spokane Valley Apartments for Rent

 

The cheapest available apartment rental in Spokane Valley, WA is a 1 Bed unit found at University Village Apartments in the Opportunity neighborhood priced from $900. Dearborn Apartments in the Dishman Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Spokane Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Village Apartments1 bed 1 bath1BR,1BA$900
Dearborn Apartments1-bedroom1BR,1BA$975
Mirabeau CommonsTwo Bedroom2BR,2BA$990
Pointe Apartments2 Bedroom2BR,1BA$995
Alpine Square1BR/1.0BA1BR,1BA$995
Cedar Chateau Estates1 Bedroom1BR,1BA$1,010
Cedar Chateau Estates B1 Bedroom1BR,1BA$1,010
Eagle Pointe2x12BR,1BA$1,063
The Landing off Pines2BR/1.0BA2BR,1BA$1,095
40601BR/1.0BA1BR,1BA$1,095

Best Value Apartments for Rent in Spokane Valley, WA

As of July 30, 2025 the best value apartment in the Spokane Valley area is the $1.18 price per square foot Two Bed/ Two Bath+Den Model at Courtland Place in the in the Opportunity neighborhood starting from $1,670. The second greatest value Spokane Valley apartment is the Three Bedroom Model at Mirabeau Commons starting at $1,433 with a $1.16 price per square foot in the Spokane Business Industrial Park 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.
Courtland PlaceTwo Bed/ Two Bath+Den2BR,2BA$1.18
Mirabeau CommonsThree Bedroom3BR,2BA$1.16
Pointe Apartments3 Bedroom3BR,2BA$1.05
Eagle Pointe3x23BR,2BA$1.28
Green Door Flats2x2 Granny Smith2BR,2BA$1.45
Carnahan Glenn Apartments2 bed2BR,2BA$1.43
Winter Heights Apartments2 bed2BR,2BA$1.07
First Liberty Apartments2 Bedroom2BR,2BA$1.22
Granite Court Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.41
University Village Apartments1 bed 1 bath1BR,1BA$1.45

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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 #11

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 Broadway 190 listed at $1,125.

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

The lowest price for a Cheap One Bedroom Spokane Valley Apartment is $900 at University Village 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 Mirabeau Commons.

What is the most affordable Spokane Valley Three Bedroom Apartment?

The best deal on a cheap Spokane Valley Three Bedroom Apartment rental is at Pointe Apartments and starts from $1,239.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.