
Cheap Apartments for Rent in the Five Mile Prairie Neighborhood of Spokane, WA from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Mile Prairie area of Spokane.


Vintage at Spokane

Colfax Sandhill Apartments

Houston House

Lincoln Village Apartments

Crosspointe Apartments

Cedar Meadows

Rosewood Club
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.

Woodstone Communities

Center Court

Knightsbridge Communities

Mayfair Court

The Grove

Brentwood Gardens Apartments

Cedar Forest Estates

Wandermere Glen 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.

Northridge Court

Forest Park

Bellwood Park Apartments

The Lusitano

Magnesium Village

Total Monthly Price
Jake at Indian Trail

Castlegate Apartments

Cedar Flats
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.

Northstar Lodge Apartments

Total Monthly Price
GoGo Heights

Farwell North

Morning Glory Circle

Total Monthly Price
209 W Barnes Rd, Unit MIL Suite Loft Paid Utili, Unit MIL Suite Loft Paid Utili

Graymayre Crossing Apartments

The Timbers II

Selkirk Lodge Apartments
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.

Total Monthly Price
Black Iron Apartments

Total Monthly Price
Affinity at Mill Road 55+

Total Monthly Price
Residences at Indian Trail

The Retreat at Five Mile

Cedar Crossing Apartments

917-922 W Pirate Ln

The Ledge at Five Mile

8811 N Elm St
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.

6330 N Elmhurst St

8117 N Austin Rd
Five Mile Prairie, Spokane, WA Local Guide

How much does it cost to rent an apartment in Five Mile Prairie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Mile Prairie Studio Apartments | $1,114 | $755 | $1,878 |
| Five Mile Prairie 1 Bedroom Apartments | $1,320 | $875 | $2,048 |
| Five Mile Prairie 2 Bedroom Apartments | $1,413 | $1,045 | $2,439 |
| Five Mile Prairie 3 Bedroom Apartments | $2,120 | $1,275 | $2,861 |
| Five Mile Prairie 4 Bedroom Apartments | $3,049 | $2,776 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Five Mile Prairie Neighborhood of Spokane, WA.
See all Apartments in SpokaneExplore Spokane
Five Mile Prairie, Spokane, WA Local Guide
- Nearby Spokane neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Five Mile Prairie Apartments for Rent
 The cheapest available apartment rental in the Five Mile Prairie area of Spokane, WA is a 1 Bed unit found at Colfax Sandhill Apartments priced from $900. Houston House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Five Mile Prairie apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colfax Sandhill Apartments | Colfax- 1 bedroom | 1BR,1BA | $900 |
| Houston House | 1x1 | 1BR,1BA | $950 |
| Rosewood Club | 1BR/1.0BA | 1BR,1BA | $1,040 |
| Cedar Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $1,045 |
| Woodstone Communities | 1 Bedroom | 1BR,1BA | $1,050 |
| Center Court | 1BR/1BA | 1BR,1BA | $1,050 |
| Serrano Apartments | Cayenne | 2BR,1BA | $1,055 |
| Knightsbridge Communities | Quadrangle 1-bedroom | 1BR,1BA | $1,075 |
| Mayfair Court | Mayfair Court 1 Bedroom | 1BR,1BA | $1,085 |
| The Grove | Aster | 1BR,1BA | $1,098 |
Best Value Apartments for Rent in Five Mile Prairie, WA
As of April 30, 2026 the best value apartment in the Five Mile Prairie area is the $1.23 price per square foot 3 bed 2 bath Model at Northridge Court in the in the Balboa neighborhood starting from $1,550. The second greatest value Five Mile Prairie apartment is the 3x2 Model at GoGo Heights starting at $1,695 with a $1.36 price per square foot in the Balboa neighborhood. Here is today’s list of the best values for Five Mile Prairie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northridge Court | 3 bed 2 bath | 3BR,2BA | $1.23 |
| GoGo Heights | 3x2 | 3BR,2BA | $1.36 |
| Bellwood Park Apartments | 2x2 | 2BR,2BA | $1.23 |
| Morning Glory Circle | 2 Bedroom 2 Bath | 2BR,2BA | $1.37 |
| Mayfair Court | Mayfair Court 2 bedroom | 2BR,1.5BA | $1.22 |
| Cedar Forest Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.23 |
| Colfax Sandhill Apartments | Sandhill- 2 bedroom | 2BR,1BA | $1.17 |
| Forest Park | 2 bed 1 bath | 2BR,1BA | $1.39 |
| Cedar Meadows | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Brentwood Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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
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.
Read ArticleCash 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.
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 LifestyleFive Mile Prairie, Spokane, WA
Ranked #25
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Five Mile Prairie Apartments
What is the price of a cheap apartment in Five Mile Prairie?
The cheapest apartment in Five Mile Prairie is Colfax Sandhill Apartments which is listed at $900, while the average apartment in Five Mile Prairie costs $3,700.
What types of apartments are the cheapest in Five Mile Prairie?
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 4 regular apartments in Five Mile Prairie 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 Five Mile Prairie?
Cheap apartments in Five Mile Prairie have an average cost of $158 which is $3,542 cheaper than the average rent for all rentals in Five Mile Prairie.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.