Cheap Homes for Rent in Downtown Spokane Neighborhood of Spokane, WA from $500 (29 Rentals)

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

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 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 Spokane 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!StudioStudio,1BA$795
Walnut Court1 Bedroom 1 Bath1BR,1BA$850
The Samantha1 Bedroom 1 bath1BR,1BA$850
206 FlatsStudio, 1 bathStudio,1BA$850
Alcliff ApartmentsUnit1BR,1BA$875
Sherwood ApartmentsStudioStudio,1BA$875
The ImperialSmall Urban Studio1BR,1BA$875
Astor Terrace ApartmentsStudio, 1 bathStudio,1BA$895

Best Value Apartments for Rent in Downtown Spokane, WA

As of June 26, 2025 the best value apartment in the Downtown Spokane area is the $0.47 price per square foot D1 Model at 940 North in the in the Riverside neighborhood starting from $699. The second greatest value Downtown Spokane apartment is the 1527 W Knox Ave Model at 1527 W Knox Ave, Unit 1529 starting at $1,750 with a $1.40 price per square foot in the Emerson 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.
940 NorthD14BR,2BA$0.47
1527 W Knox Ave, Unit 15291527 W Knox Ave1BR,1BA$1.40
Sunset House Apartments2 Bedroom2BR,1BA$1.14
Copper River2x2 A2BR,2BA$1.35
City Center Rentals2 Bedroom2BR,1BA$1.41
Rockcliffe ApartmentsSplit2BR,1.5BA$1.39
Evergreen Annex2 bedroom2BR,1BA$1.16
The Mark on Monroe1 Bedroom1BR,1BA$1.42
The Lee Apartments1 Bedroom1BR,1BA$1.42
The Samantha1 Bedroom 1 bath1BR,1BA$1.42

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Spokane

What type of rentals are currently available in Downtown Spokane?

There are currently 1152 Apartments for Rent in Downtown Spokane, WA with pricing that ranges from $595 to $4,100. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Spokane ranging from $500 to $6,600.

What is the current price range for Rental Homes in Downtown Spokane?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Spokane ranges from $500 to $6,600 with an average monthly rent of $2,713.

How much are larger Three and Four Bedroom Rentals in Downtown Spokane?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Spokane range from $1,400 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,650.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.