Cheap Apartments for Rent in Spokane Valley, WA from $500 (191 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Homestead
$1,166 - $2,131
Total Monthly Price

Total Monthly Price

Base Rent
$1,166 - $2,131

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Homestead

15720 E 4th AveSpokane Valley, WA 99037
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Bella Tess
Rent Specials
$1,176 - $2,151
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $2,151

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Bella Tess

17016 E Indiana PkySpokane Valley, WA 99016
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Broadway 190
$1,176 - $1,851
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $1,851

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Broadway 190

11813 E Broadway AveSpokane Valley, WA 99206
Luxury
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Somerset Meadows
Rent Specials
$1,267 - $1,272
Total Monthly Price

Total Monthly Price

Base Rent
$1,267 - $1,272

Total Monthly Price
$1,267 - $1,272
1 to 3 Bedroom Apartments Available Sep 1

Somerset Meadows

4216 N McDonald RdSpokane Valley, WA 99216
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Trillium
Rent Specials
$1,237 - $2,209
Total Monthly Price

Total Monthly Price

Base Rent
$1,237 - $2,209

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Trillium

12925 E Mansfield AveSpokane Valley, WA 99216
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Eagle Rock
$1,295 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,750

Total Monthly Price
$1,295 - $1,750
1 to 3 Bedroom Apartments Available Now

Eagle Rock

12423 E Mansfield AveSpokane Valley, WA 99206
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The Whimsical Pig
Rent Specials
$1,325 - $2,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $2,145

Total Monthly Price
$1,325 - $2,145
1 to 3 Bedroom Apartments Available Now

The Whimsical Pig

13303-13303 E Mission AveSpokane 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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Revere Ridge
$1,358 - $1,593
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Total Monthly Price

Base Rent
$1,358 - $1,593

Total Monthly Price
$1,358 - $1,593
1 to 4 Bedroom Apartments Available Now

Revere Ridge

1723 N Union RdSpokane Valley, WA 99206
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Mica View
$1,393 - $1,993
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Total Monthly Price

Base Rent
$1,393 - $1,993

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Mica View

525 N Michigan RdSpokane Valley, WA 99016
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Village on Broadway
Rent Specials
$1,395 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,475

Total Monthly Price
$1,395 - $1,475
1 to 3 Bedroom Apartments Available Now

Village on Broadway

12623 E Broadway AveSpokane Valley, WA 99216
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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.

Spokane Valley, WA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Spokane Valley, WA

Pricing Updated: 08/18/2026

Current apartment rentals in the Spokane Valley, WA area range in price from $1,025 to $9,739 with an overall median price of $1,590. Here is today’s list neighborhoods with the lowest median pricing for Spokane Valley Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Greenacres$1,590$1,025118

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. The Taylen Apartments in the Chief Garry Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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
The Taylen Apartments1 Bedroom x 1 Bath1BR,1BA$950
Winter Heights Apartments2 bed2BR,2BA$990
Talon Hills22BR,1BA$995
Regal Village1 Bed, 1 bath1BR,1BA$1,000
Cedar Chateau Estates B1 Bedroom1BR,1BA$1,010
Cedar Chateau Estates1 Bedroom1BR,1BA$1,010
Cedar Canyon Villas1 Bedroom1BR,1BA$1,015
The Villages on 4th & SullivanOne Bedroom1BR,1BA$1,025
Alpine Square1BR/1.0BA1BR,1BA$1,025

Best Value Apartments for Rent in Spokane Valley, WA

As of August 18, 2026 the best value apartment in the Spokane Valley area is the $1.29 price per square foot 24467 Model at 24467 E Feather Loop in the in the MeadowWood neighborhood starting from $2,870. The second greatest value Spokane Valley apartment is the 3x2 Model at Barker Ridge starting at $1,595 with a $1.16 price per square foot in the Veradale 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.
24467 E Feather Loop244674BR,2.5BA$1.29
Barker Ridge3x23BR,2BA$1.16
Willowbrook ApartmentsMaple3BR,2BA$1.26
Mirabeau Place2 bed2BR,2BA$1.12
Pointe Apartments2 Bedroom2BR,1.5BA$1.23
Mirabeau CommonsTwo Bedroom2BR,2BA$1.23
Ironwood Court ApartmentsSpacious 2 Bed, 1 Bath at Ironwood Court!2BR,1BA$1.26
Adams Court Apartments2X1.52BR,1.5BA$1.28
Talon Hills22BR,1BA$1.25
Valley Green Apartments2 Beds, 1 bath2BR,1BA$1.28

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

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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 Mirabolante Apartments listed at $1,210.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.