
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Spokane, WA from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Spokane.


1311 N Madison St

The Dresden

Rennwood Court Apartments

Altadena Apartments

The Imperial

Sherwood Apartments

206 Flats
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.

1724 W 8th Ave

1631 W Pacific Ave

Riverfront Annex

Ridpath Club Apartments

Walnut Court

176 S Chestnut St

W. W 9th Ave

1808 W 2nd 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.

Alexandria Apartments

Park Tower

Canterbury Court

2003 W 1st Ave

Lincoln Terrace Apartments

1206 W 6th Ave

Riverfront Apartments

Studio 24 Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Greentree Apartments

Espanola Apartments

Elm Apartments in Browne's Addition!

Alcliff Apartments

The San Marco Apartments

Culmstock Arms Apartments

Sodo Commons

Buena Vista Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1119 W Augusta Ave

Evergreen Annex

Taylor Apartments

The Gables on Broadway

1515-1519 W Sharp Ave

Horizon Apartments

Cliff Terrace

Evergreen Apartments
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.

203 E Sharp Ave

Highline Lofts

Hale

Building 10
Downtown Riverside, Spokane, WA Local Guide

How much does it cost to rent an apartment in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside Studio Apartments | $1,282 | $695 | $1,850 |
| Downtown Riverside 1 Bedroom Apartments | $1,358 | $725 | $3,000 |
| Downtown Riverside 2 Bedroom Apartments | $1,896 | $1,000 | $4,540 |
| Downtown Riverside 3 Bedroom Apartments | $1,646 | $735 | $4,100 |
| Downtown Riverside 4 Bedroom Apartments | $899 | $899 | $899 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Spokane, WA.
See all Apartments in SpokaneExplore Spokane
Downtown Riverside, Spokane, WA Local Guide
- Nearby Spokane neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Riverside Apartments for Rent
 The cheapest available apartment rental in the Downtown Riverside area of Spokane, WA is a Studio unit found at The Dresden priced from $750. Rennwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Downtown Riverside apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Dresden | Studio | Studio,1BA | $750 |
| Rennwood Court Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $775 |
| Elm Apartments in Browne's Addition! | Studio | 1BR,1BA | $825 |
| Sherwood Apartments | Studio | Studio,1BA | $850 |
| 206 Flats | Studio, 1 bath | Studio,1BA | $850 |
| Culmstock Arms Apartments | 0BR/1.0BA | Studio,1BA | $900 |
| Walnut Court | 1 Bedroom 1 Bath | 1BR,1BA | $950 |
| Building 10 | 1BR/1.0BA | 1BR,1BA | $1,000 |
| East 12 Rockwood Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
| Sunset House Apartments | 2 Bedroom | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Downtown Riverside, WA
As of January 26, 2026 the best value apartment in the Downtown Riverside area is the $1.41 price per square foot 2BR/2.0BA Model at Union Block Property in the in the Panorama Place neighborhood starting from $2,095. The second greatest value Downtown Riverside apartment is the 2 Bedroom Model at Sunset House Apartments starting at $1,100 with a $1.00 price per square foot in the Panorama Place neighborhood. Here is today’s list of the best values for Downtown Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union Block Property | 2BR/2.0BA | 2BR,2BA | $1.41 |
| Sunset House Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| The Marlboro | 2 bedroom | 2BR,1BA | $1.30 |
| 940 North | B1 | 2BR,1BA | $1.17 |
| 1405 W 9th Ave, Unit Furnished Unit C | 1405 W 9th Ave | 1BR,1BA | $1.62 |
| Avienda Apartments | 1 bedroom | 1BR,1BA | $1.41 |
| The Michael Building Downtown Luxury | 1 Bed 1 Bath | 1BR,1BA | $1.64 |
| Sherwood Apartments | Studio | Studio ,1BA | $1.31 |
| East 12 Rockwood Apartments | 1 Bedroom | 1BR,1BA | $1.62 |
| The Dresden | Studio | Studio ,1BA | $1.44 |
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 LifestyleDowntown Riverside, Spokane, WA
Ranked #14
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Spokane. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Riverside Apartments
What is a cheap apartment in Downtown Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Riverside is under $1,100.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Rennwood Court Apartments which is listed at $775, while the average apartment in Downtown Riverside costs $1,737.
What types of apartments are the cheapest in Downtown Riverside?
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 13 regular apartments in Downtown Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.