Cheap Apartments for Rent in the Five Mile Prairie Neighborhood of Spokane, WA from $700 (50 Rentals)

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

property at 6532 N Drumheller St

$596

Total Monthly Price

Total Monthly Price

Base Rent
$596
Total Monthly Price
$596

1 Bedroom, 1 Bath Home for Rent

Available Now

6532 N Drumheller St

SpokaneWA99208

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Dakota Flats
Rent Specials
$1,222 - $1,477
Total Monthly Price

Total Monthly Price

Base Rent
$1,222 - $1,477
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jul 31

Dakota Flats

514 E Hastings RdSpokane, WA 99218
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Black Iron Apartments
Rent Specials
$1,495 - $2,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,070
Total Monthly Price
$1,495 - $2,070
1 to 3 Bedroom Apartments Available Now

Black Iron Apartments

11684 N Standard DrSpokane, WA 99218
Pet Friendly
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  • Utilities Included
  • 3D Tour

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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GoGo Heights
Rent Specials
$1,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,699
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

GoGo Heights

7002 N Colton StSpokane, WA 99208
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Five Mile Prairie, Spokane, WA Local Guide

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 Houston House priced from $950. Knightsbridge Communities has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Five Mile Prairie apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Houston House1x11BR,1BA$950
Knightsbridge CommunitiesQuadrangle 1-bedroom1BR,1BA$975
Crosspointe ApartmentsCrosspointe 1 bedroom1BR,1BA$985
Center Court1BR/1BA1BR,1BA$1,015
Rosewood Club1/2 Month Free & Free Carport!!1BR,1BA$1,040
Cedar Meadows2 Bedroom 1 Bath2BR,1BA$1,045
Serrano ApartmentsCayenne2BR,1BA$1,045
Forest Park Court1 bed 1 Bath1BR,1BA$1,050
Woodstone Communities1 Bedroom1BR,1BA$1,050
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Five Mile Prairie, WA

As of July 29, 2026 the best value apartment in the Five Mile Prairie area is the $1.34 price per square foot 723 E Sitka Ave Model at 723 E Sitka Ave in the in the Lidgerwood neighborhood starting from $1,875. The second greatest value Five Mile Prairie apartment is the 3 bed 2 bath Model at Northridge Court starting at $1,550 with a $1.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
723 E Sitka Ave723 E Sitka Ave2BR,2BA$1.34
Northridge Court3 bed 2 bath3BR,2BA$1.23
GoGo Heights3x23BR,2BA$1.36
Bellwood Park Apartments2x22BR,2BA$1.23
Castlegate Apartments2BR/2.0BA2BR,2BA$1.25
Morning Glory Circle2 Bedroom 2 Bath2BR,2BA$1.37
Serrano ApartmentsPequin3BR,1.5BA$1.35
Mayfair CourtMayfair Court 2 bedroom2BR,1.5BA$1.22
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1.23
Cedar Meadows2 Bedroom 1 Bath2BR,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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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
Five Mile Prairie, Spokane, WA

Ranked #25

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 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 Houston House which is listed at $950, while the average apartment in Five Mile Prairie costs $2,666.

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 5 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 $140 which is $2,526 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.