
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Spokane, WA from $406 (150 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Spokane.


Studio 24 Apartments

The Dresden

Altadena Apartments

1619 N Oak St

1512 N Post St

1509 N Wall St

206 Flats

1321 W 11th Ave

1505 W 6th 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.

Sherwood

Ridpath Club Apartments

The San Marco Apartments

1311 N Madison St, Unit 4

930 S Lincoln St, Unit James Park 8

1915 W Boone Ave

1425 W 8th Ave

Sodo Commons

Buena Vista Apartments

1108 W 12th Ave
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.

1428 W Dean Ave

Walnut Court

Riverfront Annex

1519 W 9th Ave, Unit D

1102 W Sharp Ave, Unit 3

828 W Maxwell Ave, Unit 2

The Marlboro

1715 W Pacific Ave

1030 W Spofford Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

East 12 Rockwood Apartments

816 W 11th Ave

176 S Chestnut St

940 S Lincoln St

1519 W 9th Ave, Unit A

12 S Elm St

Railhead Apartments

Myrtle Apartments

The Albert Building

518 Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1004 W 12th Ave

Boxcar Apartments

1428 W 6th Ave

Total Monthly Price
Cooper George

1519 W 9th Ave

Cambridge Court Apartments

Avienda Apartments

Sunset House Apartments

1104 S Jefferson St, Unit 102

1854 W College 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.
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 | $1,259 | $670 | $1,735 |
| Downtown Riverside 1 Bedroom Apartments | $1,368 | $780 | $3,000 |
| Downtown Riverside 2 Bedroom Apartments | $1,884 | $1,125 | $4,758 |
| Downtown Riverside 3 Bedroom Apartments | $1,851 | $1,550 | $2,209 |
| Downtown Riverside 4 Bedroom Apartments | $1,409 | $919 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 150 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
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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 Collins Apartments priced from $670. Studio 24 Apartments has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| Collins Apartments | 206 | Studio,1BA | $670 |
| Studio 24 Apartments | Studio | Studio,1BA | $775 |
| 1708 W Gardner Ave | 1 Bedroom, 1 Bathroom | 1BR,1BA | $795 |
| The Dresden | Studio | Studio,1BA | $800 |
| 206 Flats | Studio, 1 bath | Studio,1BA | $850 |
| 411 E Sinto Ave | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| Lascelle Studio Suites | 1/1 300' '85 | 1BR,1BA | $850 |
| Lincoln Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| The Imperial | Urban Studio | 1BR,1BA | $875 |
| The San Marco Apartments | 1 bed | 1BR,1BA | $895 |
Best Value Apartments for Rent in Downtown Riverside, WA
As of September 11, 2026 the best value apartment in the Downtown Riverside area is the $0.62 price per square foot D1 Model at 940 North in the in the Riverside neighborhood starting from $919. The second greatest value Downtown Riverside apartment is the 2 Bedroom Model at The Albert Building starting at $1,500 with a $1.25 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. |
|---|---|---|---|
| 940 North | D1 | 4BR,2BA | $0.62 |
| The Albert Building | 2 Bedroom | 2BR,1BA | $1.25 |
| Cambridge Court Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.32 |
| 615 W 6th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| 1611 W 8th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.33 |
| The San Marco Apartments | 1 bed | 1BR,1BA | $1.13 |
| 1428 West 10th | 0 bedroom 1 bathroom | 1BR,1BA | $1.27 |
| Buena Vista Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
| 411 E Sinto Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
| 1708 W Gardner Ave | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.33 |
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 LifestyleDowntown Riverside, Spokane, WA
Ranked #13
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 $895.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Collins Apartments which is listed at $780, while the average apartment in Downtown Riverside costs $1,423.
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 29 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

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.
