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.

Rennwood Court Apartments

Altadena Apartments

The Marlboro

1503 W 6th Ave

Sherwood Apartments
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.

1624 W 6th Ave

Ridpath Club Apartments

Evergreen Annex

1740 W Riverside Ave, Unit 8

607 N Elm St
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.

Walnut Court

Sunset House Apartments

East 12 Rockwood Apartments
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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.
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.
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 | $1,266 | $700 | $1,625 |
| Downtown Riverside 1 Bedroom Apartments | $1,428 | $715 | $3,000 |
| Downtown Riverside 2 Bedroom Apartments | $1,972 | $925 | $6,000 |
| Downtown Riverside 3 Bedroom Apartments | $1,870 | $735 | $4,100 |
| Downtown Riverside 4 Bedroom Apartments | $875 | $875 | $875 |
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
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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 Riverfront Annex priced from $700. Rennwood Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Downtown Riverside apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverfront Annex | Riverfront Annex | Studio,1BA | $700 |
| Rennwood Court Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $715 |
| The Dresden | Studio | Studio,1BA | $750 |
| Elm Apartments in Browne's Addition! | Studio | Studio,1BA | $795 |
| The Marlboro | Studio | Studio,1BA | $800 |
| Sherwood Apartments | Studio | Studio,1BA | $850 |
| 206 Flats | Studio, 1 bath | Studio,1BA | $850 |
| Alcliff Apartments | Unit | 1BR,1BA | $875 |
| The Imperial | Small Urban Studio | 1BR,1BA | $890 |
Best Value Apartments for Rent in Downtown Riverside, WA
As of October 28, 2025 the best value apartment in the Downtown Riverside area is the $1.50 price per square foot 1011 W 1st Ave Model at 1011 W 1st Ave, Unit 402 in the in the Panorama Place neighborhood starting from $1,800. The second greatest value Downtown Riverside apartment is the B1 Model at 940 North starting at $1,094 with a $1.17 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. |
|---|---|---|---|
| 1011 W 1st Ave, Unit 402 | 1011 W 1st Ave | 2BR,1BA | $1.50 |
| 940 North | B1 | 2BR,1BA | $1.17 |
| Avienda Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| The Michael Building Downtown Luxury | 1 Bed 1 Bath | 1BR,1BA | $1.64 |
| Sunset House Apartments | 1 bedroom | 1BR,1BA | $1.39 |
| East 12 Rockwood Apartments | 1 Bedroom | 1BR,1BA | $1.46 |
| Taylor Apartments | 1 Bedroom | 1BR,1BA | $1.66 |
| 1740 W Riverside Ave, Unit 8 | 1740 W Riverside Ave | 1BR,1BA | $1.73 |
| The Dresden | Studio | Studio ,1BA | $1.44 |
| Alcliff Apartments | Unit | 1BR,1BA | $1.75 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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
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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 $890.
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 $715, while the average apartment in Downtown Riverside costs $1,925.
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 3 regular apartments in Downtown Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Riverside?
Cheap apartments in Downtown Riverside have an average cost of $519 which is $1,406 cheaper than the average rent for all rentals in Downtown Riverside.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






























