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from $755Studio to 3 Bedroom Apartments Available Now
Serrano Apartments
121-221 E WedgewoodSpokane, WA 99208
Cheap Apartments for Rent in the Balboa Neighborhood of Spokane, WA from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa area of Spokane.
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from $833Studio to 2 Bedroom Apartments Available Jun 30
Vintage at Spokane
43 E Weile AveSpokane, WA 99208
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from $9001 to 2 Bedroom Apartments Available Now
Colfax Sandhill Apartments
10015 N Colfax RdSpokane, WA 99218
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from $925Studio to 2 Bedroom Apartments Contact Us For Availability
Lincoln Village Apartments
210 E Lincoln RdSpokane, WA 99208
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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.
30 E Graves Rd
SpokaneWA99218
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from $1,0001 to 2 Bedroom Apartments Contact Us For Availability
Brentwood Gardens Apartment Community
110-130 E Hawthorne RdSpokane, WA 99218
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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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Showing Results 1-23, Page 1 of 1
Balboa, Spokane, WA Local Guide
How much does it cost to rent an apartment in Balboa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Studio Apartments | $958 | $755 | $1,390 |
| Balboa 1 Bedroom Apartments | $1,253 | $875 | $1,595 |
| Balboa 2 Bedroom Apartments | $1,399 | $950 | $2,190 |
| Balboa 3 Bedroom Apartments | $1,780 | $1,200 | $2,130 |
| Balboa 4 Bedroom Apartments | $2,800 | $1,900 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 3 mile radius of the Balboa Neighborhood of Spokane, WA.
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Balboa, Spokane, WA Local Guide
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Cheapest Available Balboa Apartments for Rent
The cheapest available apartment rental in the Balboa area of Spokane, WA is a 1 Bed unit found at Forest Park Court priced from $875. Colfax Sandhill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Balboa apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Park Court | Alpine | 1BR,1BA | $875 |
| Colfax Sandhill Apartments | Colfax- 1 bedroom | 1BR,1BA | $900 |
| Rosewood Club | One Bedroom- Classic | 1BR,1BA | $950 |
| Serrano Apartments | Cayenne | 2BR,1BA | $995 |
| Cedar Meadows | 1 Bedroom | 1BR,1BA | $1,010 |
Best Value Apartments for Rent in Balboa, WA
As of June 11, 2025 the best value apartment in the Balboa area is the $0.95 price per square foot 8950 N Pamela St Model at 8950 N Pamela St, Unit 8950 in the in the Balboa neighborhood starting from $1,900. The second greatest value Balboa apartment is the 8948 N Pamela St Model at 8948 N Pamela St, Unit 8948 starting at $1,800 with a $1.20 price per square foot in the Balboa neighborhood. Here is today’s list of the best values for Balboa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8950 N Pamela St, Unit 8950 | 8950 N Pamela St | 4BR,3BA | $0.95 |
| 8948 N Pamela St, Unit 8948 | 8948 N Pamela St | 3BR,2BA | $1.20 |
| GoGo Heights | 3x2 | 3BR,2BA | $1.36 |
| Castlegate Apartments | Unit C | 2BR,2BA | $1.33 |
| Serrano Apartments | Pequin | 3BR,1.5BA | $1.37 |
| Mayfair Court | Mayfair Court 2 bedroom | 2BR,1.5BA | $1.53 |
| 1319 W Cleveland Ave, Unit 1319 W Clvlnd downstairs | 1319 W Cleveland Ave | 2BR,1BA | $1.48 |
| Colfax Sandhill Apartments | Sandhill- 2 bedroom | 2BR,1BA | $1.17 |
| Rosewood Club | Two Bedroom- Classic | 2BR,1BA | $1.54 |
| Cedar Meadows | 1 Bedroom | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleBalboa, Spokane, WA
Ranked #42
Among neighborhoods in Spokane, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Balboa, Spokane, WA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Spokane, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Balboa Apartments
What is a cheap apartment in Balboa?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Balboa is under $1,110.
What is the price of a cheap apartment in Balboa?
The cheapest apartment in Balboa is Forest Park Court which is listed at $875, while the average apartment in Balboa costs $2,800.
What types of apartments are the cheapest in Balboa?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Balboa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Balboa?
Cheap apartments in Balboa have an average cost of $153 which is $2,647 cheaper than the average rent for all rentals in Balboa.
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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.