Cheap Apartments for Rent in Spokane Valley, WA from $500 (205 Rentals)

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

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

Total Monthly Price

Base Rent
$1,112 - $1,272
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jul 10

Somerset Meadows

4216 N McDonald RdSpokane Valley, WA 99216
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The Homestead
Rent Specials
$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 - $2,076
Total Monthly Price

Total Monthly Price

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$1,176 - $2,076
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Studio to 3 Bedroom Apartments Available Now

Bella Tess

17016 E Indiana PkySpokane Valley, WA 99016
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Aspen
Rent Specials
$1,198 - $1,558
Total Monthly Price

Total Monthly Price

Base Rent
$1,198 - $1,558
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1 to 3 Bedroom Apartments Available Now

Aspen

15821 E 4th AveSpokane Valley, WA 99037
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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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Broadway 190
Rent Specials
$1,201 - $1,826
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Base Rent
$1,201 - $1,826
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadway 190

11813 E Broadway AveSpokane Valley, WA 99206
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Revere Ridge
Rent Specials
$1,223 - $1,588
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Base Rent
$1,223 - $1,588
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1 to 4 Bedroom Apartments Available Now

Revere Ridge

1723 N Union RdSpokane Valley, WA 99206
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Village on Broadway
Rent Specials
$1,275 - $1,695
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Base Rent
$1,275 - $1,695
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Village on Broadway

12623 E Broadway AveSpokane Valley, WA 99216
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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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Eagle Rock
Rent Specials
$1,295 - $1,465
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Total Monthly Price

Base Rent
$1,295 - $1,465
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1 to 3 Bedroom Apartments Available Now

Eagle Rock

12423 E Mansfield AveSpokane Valley, WA 99206
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Trillium
Rent Specials
$1,314 - $1,765
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Total Monthly Price

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$1,314 - $1,765
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Studio to 3 Bedroom Apartments Available Now

Trillium

12925 E Mansfield AveSpokane Valley, WA 99216
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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 Whimsical Pig
Rent Specials
$1,370 - $2,214
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $2,214
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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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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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Spokane Valley, WA Local Guide

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Written By:
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Local Guide Expert

Cheapest Neighborhoods for Apartments in Spokane Valley, WA

Pricing Updated: 07/03/2026

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$1,971$1,025127

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. Cedar Ridge 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
Cedar Ridge Apartments1 Bedroom x 1 Bath1BR,1BA$950
Winter Heights Apartments2 bed2BR,2BA$990
Talon Hills22BR,1BA$995
40601BR/1.0BA1BR,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

Best Value Apartments for Rent in Spokane Valley, WA

As of July 03, 2026 the best value apartment in the Spokane Valley area is the $1.29 price per square foot 4530 S Donald Ct Model at 4530 S Donald Ct, Unit 4530 S. Donald Crt in the in the Moran Prairie neighborhood starting from $1,550. The second greatest value Spokane Valley apartment is the Two Bedroom Model at Mirabeau Commons starting at $1,280 with a $1.23 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.
4530 S Donald Ct, Unit 4530 S. Donald Crt4530 S Donald Ct2BR,1BA$1.29
Mirabeau CommonsTwo Bedroom2BR,2BA$1.23
Pointe Apartments2 Bedroom2BR,1.5BA$1.24
Mirabeau Place2 bed2BR,2BA$1.12
Adams Court Apartments2X1.52BR,1.5BA$1.28
Talon Hills22BR,1BA$1.25
Cedar Park Apartments2 Bedroom 1 Bath2BR,1BA$1.22
Eagle Pointe2x12BR,1BA$1.28
Cedar Ridge Apartments2 Bedroom x 1 Bath2BR,1BA$1.27
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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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!

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 #7

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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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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.