Cheap Apartments for Rent in the Balboa Neighborhood of Spokane, WA from $600 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa area of Spokane.

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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property at 117 E Dalton Ave
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

117 E Dalton Ave

SpokaneWA99207

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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Lilac Plaza Retirement Home
Studio to 1 Bedroom Apartments

Lilac Plaza Retirement Home

7007 N Wiscomb StSpokane, WA 99208
Senior Living
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Pine Villa
1 to 3 Bedroom Apartments

Pine Villa

33 E Graves RdSpokane, WA 99218
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Wedgewood Park
1 to 3 Bedroom Apartments

Wedgewood Park

212 E Wedgewood AveSpokane, WA 99208
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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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Stonegate Apartments
1 to 2 Bedroom Apartments

Stonegate Apartments

6121-6123 N Lidgerwood StSpokane, WA 99208
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Greenwood Apartments
Studio to 2 Bedroom Apartments

Greenwood Apartments

7001-7025 N Atlantic StSpokane, WA 99208
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6723 N Atlantic
1 to 2 Bedroom Apartments

6723 N Atlantic

6723 N Atlantic StSpokane, WA 99208
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Astor Community
Studio to 2 Bedroom Apartments

Astor Community

6020 N Astor StSpokane, WA 99208
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Alexan Court
1 to 2 Bedroom Apartments

Alexan Court

6120 N Lidgerwood StSpokane, WA 99208
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Country Homes Court
1 to 2 Bedroom Apartments

Country Homes Court

508 W Shasta WaySpokane, WA 99208
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Singletree Apartments
1 Bedroom Apartments

Singletree Apartments

6211 N Lidgerwood StSpokane, WA 99208
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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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Colton Apartments
1 to 2 Bedroom Apartments

Colton Apartments

6120 N Colton StSpokane, WA 99208
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Ruby Wynd Apartments
1 to 2 Bedroom Apartments

Ruby Wynd Apartments

6008-6014 N Ruby StSpokane, WA 99208
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Lyons Crest
1 to 2 Bedroom Apartments

Lyons Crest

6612 N Addison StSpokane, WA 99208
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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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Showing Results 1-50, Page 1 of 2

Balboa, Spokane, WA Local Guide

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 Vintage at Spokane priced from $892. 6723 N Atlantic has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Balboa apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Vintage at Spokane1 Bedroom 1 Bath | Age 55+1BR, 1BA$892
6723 N Atlantic1 Bedroom1BR, 1BA$895
Mayfair CourtMayfair Court 1 Bedroom1BR, 1BA$985
Cedar Meadows2 Bedroom 1 Bath2BR, 1BA$1,045
Forest Park1 Bed 1 Bath1BR, 1BA$1,045
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR, 1BA$1,050
Woodstone Communities1 Bedroom1BR, 1BA$1,060
Serrano ApartmentsCayenne2BR, 1BA$1,075
North Hill MillenniumStudioStudio, 1BA$1,090
Forest Park Court1 bed 1 Bath1BR, 1BA$1,100

Best Value Apartments for Rent in Balboa, WA

As of September 22, 2026 the best value apartment in the Balboa area is the $1.23 price per square foot 3 bed 2 bath Model at Northridge Court in the Balboa neighborhood starting from $1,550. The second greatest value Balboa apartment is the 2 Bed/2 Bath Townhome Model at Cedar Crossing Apartments in the Balboa neighborhood starting at $1,550 with a $1.41 price per square foot. Here is today’s list of the best values for Balboa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northridge Court3 bed 2 bath3BR, 2BA$1.23
Cedar Crossing Apartments2 Bed/2 Bath Townhome2BR, 2BA$1.41
Lincoln Townhomes2BR/1.5BA2BR, 1.5BA$1.38
Mayfair Apartments2 Bedrooms 2 Bathrooms2BR, 2BA$1.40
539 W Central Ave, Unit 539 W Central539 W Central Ave2BR, 1BA$1.49
Cedar Forest Estates2 Bedroom 1 Bath2BR, 1BA$1.23
Cedar Flats1 Bed1BR, 1BA$1.46
Cedar Meadows2 Bedroom 1 Bath2BR, 1BA$1.22
Serrano ApartmentsCayenne2BR, 1BA$1.38
Forest Park1 Bed 1 Bath1BR, 1BA$1.48

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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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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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

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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 Lifestyle
Balboa, Spokane, WA

Ranked #35

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the price of a cheap apartment in Balboa?

The cheapest apartment in Balboa is Vintage at Spokane which is listed at $892, while the average apartment in Balboa costs $1,300.

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 3 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 $209 which is $1,091 cheaper than the average rent for all rentals in Balboa.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.