
Cheap Homes for Rent in the Balboa Neighborhood of Spokane, WA from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa area of Spokane.


3810 N Lidgerwood St

3620 W Broad Ave

117 E Dalton Ave
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.

8705 N Colton St

102 E Weile Ave

3218 N Maple St

3216 N Maple St
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.

9314 N Mountain View Ln
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 | $1,522 | $1,250 | $2,245 |
| Balboa 3 Bedroom Homes for Rent | $2,292 | $1,670 | $2,900 |
| Balboa 4 Bedroom Homes for Rent | $2,874 | $1,595 | $6,500 |
| Balboa 5 Bedroom Homes for Rent | $4,400 | $2,700 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 Serrano Apartments priced from $875. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Serrano Apartments | Jalapeno | 1BR,1BA | $875 |
| 6723 N Atlantic | 1 Bedroom | 1BR,1BA | $895 |
| Mayfair Court | Mayfair Court 1 Bedroom | 1BR,1BA | $985 |
Best Value Apartments for Rent in Balboa, WA
As of September 07, 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 Classic Model at Castlegate Apartments starting at $1,400 with a $1.28 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 |
| Castlegate Apartments | Classic | 2BR,2BA | $1.28 |
| Mayfair Apartments | 2 Bedrooms 2 Bathrooms | 2BR,2BA | $1.40 |
| Wandermere Glen | 984 Sq Ft | 2BR,2BA | $1.40 |
| 539 W Central Ave, Unit 539 W Central | 539 W Central Ave | 2BR,1BA | $1.49 |
| Cedar Forest Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.23 |
| Cedar Flats | 1 Bed | 1BR,1BA | $1.46 |
| 5612 N Driscoll Blvd, Unit 5610 N Driscoll Blvd | 5612 N Driscoll Blvd | 1BR,1BA | $1.44 |
| Serrano Apartments | Cayenne | 2BR,1BA | $1.40 |
| Forest Park | 1 Bed 1 Bath | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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 #36
Among cities in Washington 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
Frequently Asked Questions about Balboa
What type of rentals are currently available in Balboa?
There are currently 168 Apartments for Rent in Balboa, WA with pricing that ranges from $755 to $4,000. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa ranging from $900 to $7,500.
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 $900 to $7,500 with an average monthly rent of $2,480.
How much are larger Three and Four Bedroom Rentals in Balboa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balboa range from $1,295 to $2,861, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,670 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $2,161.
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

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.