
Cheap Homes for Rent in Balboa Neighborhood of Spokane, WA from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa area of Spokane.


2812 N Washington St

117 E Euclid Ave

615 W Waverly Pl

308 E Gordon Ave
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.

1619 W Providence Ave

6319-6321 N Stevens St

524 E Columbia Ave

6008 N Douglas Dr

1427 W Buckeye Ave
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.

8615 N Kelly Ct
Balboa, Spokane, WA Local Guide

How much does it cost to rent a home in Balboa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa 2 Bedroom Homes for Rent | $1,536 | $1,200 | $1,950 |
| Balboa 3 Bedroom Homes for Rent | $2,060 | $1,400 | $3,000 |
| Balboa 4 Bedroom Homes for Rent | $2,729 | $1,950 | $4,200 |
| Balboa 5 Bedroom Homes for Rent | $3,200 | $3,100 | $3,300 |
| Balboa 6 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 Colfax Sandhill Apartments priced from $900. Serrano Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $942. 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 |
| Serrano Apartments | Cayenne | 2BR,1BA | $942 |
| Rosewood Club | One Bedroom- Renovated | 1BR,1BA | $1,040 |
| Cedar Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $1,045 |
| Woodstone Communities | 1 Bedroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Balboa, WA
As of January 19, 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 Begonia Model at The Grove starting at $1,383 with a $1.26 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 |
| The Grove | Begonia | 3BR,1.5BA | $1.26 |
| GoGo Heights | 2x2A | 2BR,2BA | $1.41 |
| Mayfair Court | Mayfair Court 2 bedroom | 2BR,1.5BA | $1.22 |
| Brentwood Gardens Apartment Community | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| The Lusitano | Morgado | 1BR,1BA | $1.61 |
| 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 |
| Serrano Apartments | Tabasco | 2BR,1BA | $1.36 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleBalboa, Spokane, WA
Ranked #37
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Balboa, Spokane, WA
School data provided by Great Schools
Frequently Asked Questions about Balboa
What type of rentals are currently available in Balboa?
There are currently 156 Apartments for Rent in Balboa, WA with pricing that ranges from $755 to $2,190. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa ranging from $600 to $4,200.
What is the current price range for Rental Homes in Balboa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa ranges from $600 to $4,200 with an average monthly rent of $2,296.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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.

Renting with Roommates: Realistic Expectations for Shared Lease
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!