Cheap Homes for Rent in Downtown Riverside Neighborhood of Spokane, WA from $700 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Spokane.

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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.

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.

Downtown Riverside, Spokane, WA Local Guide

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 ListingModel NameBed/BathPriced From
The DresdenStudioStudio,1BA$750
Rennwood Court Apartments1 Bedroom 1 Bath1BR,1BA$775
Elm Apartments in Browne's Addition!Studio1BR,1BA$825
Sherwood ApartmentsStudioStudio,1BA$850
The ImperialUrban Studio1BR,1BA$850

Best Value Apartments for Rent in Downtown Riverside, WA

As of January 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Union Block Property2BR/2.0BA2BR,2BA$1.41
Sunset House Apartments2 Bedroom2BR,1BA$1.00
The Marlboro2 bedroom2BR,1BA$1.30
940 NorthB12BR,1BA$1.17
1405 W 9th Ave, Unit Furnished Unit C1405 W 9th Ave1BR,1BA$1.62
Avienda Apartments1 bedroom1BR,1BA$1.41
The Michael Building Downtown Luxury1 Bed 1 Bath1BR,1BA$1.64
Sherwood ApartmentsStudioStudio ,1BA$1.31
East 12 Rockwood Apartments1 Bedroom1BR,1BA$1.62
The DresdenStudioStudio ,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.

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The 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.

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Cash 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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Downtown Riverside, Spokane, WA

Ranked #14

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Riverside

What type of rentals are currently available in Downtown Riverside?

There are currently 675 Apartments for Rent in Downtown Riverside, WA with pricing that ranges from $695 to $4,632. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $735 to $2,995.

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 $735 to $2,995 with an average monthly rent of $1,457.

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 $735 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $899.

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

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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.

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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.

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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.

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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.