Cheap Homes for Rent in Balboa Neighborhood of Spokane, WA from $700 (15 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Colfax Sandhill Apartments priced from $900. Forest Park Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Balboa apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR,1BA$900
Forest Park CourtSpruce2BR,1BA$950
Cedar Meadows1 Bedroom1BR,1BA$1,010
Woodstone Communities1 Bedroom1BR,1BA$1,050
Vintage at Spokane2 Bedroom 1 Bath B | Age 55+2BR,1BA$1,074

Best Value Apartments for Rent in Balboa, WA

As of August 28, 2025 the best value apartment in the Balboa area is the $1.06 price per square foot 8850 N Pamela St Model at 8850 N Pamela St in the in the Balboa neighborhood starting from $1,700. The second greatest value Balboa apartment is the 2 Bed/2 Bath Townhome Model at Cedar Crossing Apartments starting at $1,550 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8850 N Pamela St8850 N Pamela St3BR,2BA$1.06
Cedar Crossing Apartments2 Bed/2 Bath Townhome2BR,2BA$1.41
Castlegate ApartmentsUnit C2BR,2BA$1.33
Northridge Court2 bed 1 bath2BR,1BA$1.05
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1.23
Colfax Sandhill ApartmentsSandhill- 2 bedroom2BR,1BA$1.17
The GroveDaisy2BR,1BA$1.34
Serrano ApartmentsCayenne2BR,1BA$1.47
Rosewood ClubTwo Bedroom- Classic2BR,1BA$1.47
Forest Park CourtSpruce2BR,1BA$1.33

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Pet Friendly Lifestyle
Balboa, Spokane, WA

Ranked #45

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 160 Apartments for Rent in Balboa, WA with pricing that ranges from $755 to $2,245. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa ranging from $700 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 $700 to $4,200 with an average monthly rent of $2,284.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.