Cheap Apartments for Rent in the Downtown Spokane Neighborhood of Spokane, WA from $400 (183 Rentals)

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

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.

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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.

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Broadmoor
Rent Specials
$950 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,300
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Broadmoor

2136 W Riverside AveSpokane, WA 99201
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 3203 N Smith St

$995 - $1,100

1 To 2 Bedroom Rentals

Available Now

3203 N Smith St

SpokaneWA99207
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The Academy
Rent Specials
$1,070 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,950
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Academy

1216 N Superior StSpokane, WA 99202
Student Housing
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  • Customer Reviewed
  • 3D Tour

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.

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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.

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Downtown Spokane, Spokane, WA Local Guide

Cheapest Available Downtown Spokane Apartments for Rent

 

The cheapest available apartment rental in the Downtown Spokane area of Spokane, WA is a 2 Beds unit found at The GEE House priced from $600. Collins Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $670. Here are the most affordable Downtown Spokane apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
The GEE House2 Beds2BR,$600
Collins Apartments206Studio,1BA$670
Rennwood Court ApartmentsStudioStudio,1BA$700
1107 E Augusta AveModel 16BR,2BA$750
Studio 24 ApartmentsStudioStudio,1BA$775
The Fairview Apartments0 Beds, 1 BathsStudio,1BA$799
The DresdenStudioStudio,1BA$800
411 E Sinto Ave1 Beds, 1 Baths1BR,1BA$850
206 FlatsStudio, 1 bathStudio,1BA$850

Best Value Apartments for Rent in Downtown Spokane, WA

As of June 09, 2026 the best value apartment in the Downtown Spokane 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 Spokane apartment is the D1 Model at 940 North starting at $909 with a $0.61 price per square foot in the Riverside neighborhood. Here is today’s list of the best values for Downtown Spokane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1916 W Riverside Ave, Unit 31916 W Riverside Ave2BR,1BA$1.27
940 NorthD14BR,2BA$0.61
Crystal House3 Bedroom3BR,2BA$1.07
1107 E Augusta AveModel 16BR,2.5BA$0.61
The Albert Building2 Bedroom2BR,1BA$1.25
615 W 6th Ave2 Beds, 1 Baths2BR,1BA$1.28
Sunset House Apartments1 bedroom1BR,1BA$1.28
Avienda Apartments1 bedroom1BR,1BA$1.29
The San Marco Apartments1 bed1BR,1BA$1.13
Buena Vista Apartments1 Bedroom1BR,1BA$1.22

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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Real 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.

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Quick 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.

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Spokane. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Spokane Apartments

What is a cheap apartment in Downtown Spokane?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Spokane is under $850.

What is the price of a cheap apartment in Downtown Spokane?

The cheapest apartment in Downtown Spokane is Collins Apartments which is listed at $780, while the average apartment in Downtown Spokane costs $7,350.

What types of apartments are the cheapest in Downtown Spokane?

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 81 regular apartments in Downtown Spokane 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 Spokane?

Cheap apartments in Downtown Spokane have an average cost of $321 which is $7,029 cheaper than the average rent for all rentals in Downtown Spokane.

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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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.

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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.