Search the lowest-cost Apartments available for rent right now in the Balboa area of Spokane.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Studio Apartments | $954 | $755 | $1,390 |
| Balboa 1 Bedroom Apartments | $1,309 | $875 | $1,530 |
| Balboa 2 Bedroom Apartments | $1,385 | $1,045 | $2,190 |
| Balboa 3 Bedroom Apartments | $1,680 | $1,250 | $2,065 |
| Balboa 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
There are currently 17 rentals with your search options within a 3 mile radius of the Balboa Neighborhood of Spokane, WA.
See all Apartments in SpokaneThe cheapest available apartment rental in the Balboa area of Spokane, WA is a 1 Bed unit found at Colfax Sandhill Apartments priced from $900. Cedar Meadows has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,045. Here are the most affordable Balboa apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colfax Sandhill Apartments | Colfax- 1 bedroom | 1BR,1BA | $900 |
| Cedar Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $1,045 |
| Woodstone Communities | 1 Bedroom | 1BR,1BA | $1,050 |
| Serrano Apartments | Cayenne | 2BR,1BA | $1,055 |
| Mayfair Court | Mayfair Court 1 Bedroom | 1BR,1BA | $1,085 |
As of March 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 in the Balboa neighborhood starting from $1,550. The second greatest value Balboa apartment is the 2x2A Model at GoGo Heights starting at $1,399 with a $1.36 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. |
|---|---|---|---|
| Northridge Court | 3 bed 2 bath | 3BR,2BA | $1.23 |
| GoGo Heights | 2x2A | 2BR,2BA | $1.36 |
| Mayfair Court | Mayfair Court 2 bedroom | 2BR,1.5BA | $1.22 |
| Brentwood Gardens Apartment Community | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Cedar Forest Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.23 |
| Colfax Sandhill Apartments | Sandhill- 2 bedroom | 2BR,1BA | $1.17 |
| Cedar Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Astor Community | Astor Floorplan | 2BR,1BA | $1.57 |
| The Lusitano | Sonador | 1BR,1BA | $1.57 |
| Serrano Apartments | Cayenne | 2BR,1BA | $1.35 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleThe 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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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!
The cheapest apartment in Balboa is Colfax Sandhill Apartments which is listed at $900, while the average apartment in Balboa costs $2,700.
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.
Cheap apartments in Balboa have an average cost of $209 which is $2,491 cheaper than the average rent for all rentals in Balboa.
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.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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