
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Spokane, WA from $400 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Spokane.


Altadena Apartments

Metro Apartments

206 Flats

Sherwood Apartments

Rennwood Court Apartments

The Dresden

Ridpath Club Apartments

1901 W 1st Ave

628 S Maple St
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.

1612 W 7th Ave

104 S Oak St, Unit 108

The Marlboro

Walnut Court

Riverfront Annex

203 E Sharp Ave

2028 W Pacific Ave, Unit 4

828 W Maxwell Ave, Unit 2, Unit 2

Sunset House Apartments

The Marjorie
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.

370 E 8th Ave

East 12 Rockwood Apartments

1122 S Walnut St

Avienda Apartments

The Albert Building

Boxcar Apartments

The 508 West

1115 S Cherry St

Total Monthly Price
South Hill Heights

Cambridge Court Apartments
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.

Stonecrest Apartments

Alexandria Apartments

Park Tower

Canterbury Court

2003 W 1st Ave

Lincoln Terrace Apartments

1206 W 6th Ave

Riverfront Apartments

Studio 24 Apartments

Greentree 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.

1421 W Maxwell Ave

Espanola Apartments

The Imperial

Elm Apartments in Browne's Addition!

Alcliff Apartments

2011 W 2nd Ave

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.
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 | $1,297 | $670 | $1,675 |
| Downtown Riverside 1 Bedroom Apartments | $1,422 | $780 | $3,000 |
| Downtown Riverside 2 Bedroom Apartments | $1,868 | $955 | $6,000 |
| Downtown Riverside 3 Bedroom Apartments | $1,818 | $735 | $4,100 |
| Downtown Riverside 4 Bedroom Apartments | $1,266 | $899 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 74 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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- 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 Collins Apartments priced from $670. Rennwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. 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 |
| Rennwood Court Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Elm Apartments in Browne's Addition! | Studio | Studio,1BA | $850 |
| Sherwood Apartments | Studio | Studio,1BA | $850 |
| The Imperial | Urban Studio | 1BR,1BA | $850 |
| 206 Flats | Studio, 1 bath | Studio,1BA | $850 |
| Metro Apartments | 1 bedroom | 1BR,1BA | $850 |
| The Dresden | Studio | Studio,1BA | $875 |
| 2011 W 2nd Ave | 1BR/1.0BA | 1BR,1BA | $895 |
| Ridpath Club Apartments | Studio-Income Restricted | Studio,1BA | $895 |
Best Value Apartments for Rent in Downtown Riverside, WA
As of April 28, 2026 the best value apartment in the Downtown Riverside area is the $1.27 price per square foot 1916 W Riverside Ave Model at 1916 W Riverside Ave, Unit 3 in the in the Panorama Place neighborhood starting from $1,900. The second greatest value Downtown Riverside apartment is the C1 Model at 940 North starting at $735 with a $0.61 price per square foot in the Riverside 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. |
|---|---|---|---|
| 1916 W Riverside Ave, Unit 3 | 1916 W Riverside Ave | 2BR,1BA | $1.27 |
| 940 North | C1 | 3BR,2BA | $0.61 |
| Sunset House Apartments | 2 Bedroom | 2BR,1BA | $1.18 |
| Cambridge Court Apartments | Furnished 2 Bed, 1 Bath + Office | 2BR,1BA | $1.65 |
| The Albert Building | 1 bed Bath | 1BR,1BA | $1.22 |
| Avienda Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| East 12 Rockwood Apartments | 1 Bedroom | 1BR,1BA | $1.62 |
| Sherwood Apartments | Studio | Studio ,1BA | $1.31 |
| The Dresden | Studio | Studio ,1BA | $1.68 |
| Culmstock Arms Apartments | 0BR/1.0BA | Studio ,1BA | $1.76 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 #11
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 $1,750.
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 30 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.