
Cheap Homes for Rent in Downtown Riverside Neighborhood of Spokane, WA from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Spokane.


828 W Maxwell Ave, Unit 2

904 W Lincoln Pl, Unit 5
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.

1519 W 9th Ave, Unit D

904 W Lincoln Pl, Unit 2

620 W 7th 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.

1618 W 8th Ave
Downtown Riverside, Spokane, WA Local Guide

How much does it cost to rent a home in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside 2 Bedroom Homes for Rent | $1,489 | $1,000 | $2,000 |
| Downtown Riverside 3 Bedroom Homes for Rent | $1,295 | $1,295 | $1,295 |
| Downtown Riverside 4 Bedroom Homes for Rent | $1,722 | $1,500 | $1,945 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Spokane, WA.
Explore 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 Collins Apartments priced from $670. Rennwood Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. 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 | Studio | Studio,1BA | $700 |
| Studio 24 Apartments | Studio | Studio,1BA | $775 |
Best Value Apartments for Rent in Downtown Riverside, WA
As of June 12, 2026 the best value apartment in the Downtown Riverside area is the $0.76 price per square foot C1 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 | C1 | 3BR,2BA | $0.76 |
| The Albert Building | 2 Bedroom | 2BR,1BA | $1.25 |
| Sunset House Apartments | 1 bedroom | 1BR,1BA | $1.28 |
| 615 W 6th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| 1611 W 8th Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.33 |
| Avienda Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| 518 Apartments | 1 Bedroom | 1BR,1BA | $1.35 |
| The San Marco Apartments | 1 bed | 1BR,1BA | $1.13 |
| Buena Vista Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
| 411 E Sinto Ave | 1 Beds, 1 Baths | 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 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 #11
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 670 Apartments for Rent in Downtown Riverside, WA with pricing that ranges from $670 to $6,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $1,000 to $3,000.
What is the current price range for Rental Homes in Downtown Riverside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Riverside ranges from $1,000 to $3,000 with an average monthly rent of $1,580.
How much are larger Three and Four Bedroom Rentals in Downtown Riverside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Riverside range from $919 to $2,209, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $1,295. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $909.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.