Cheap Apartments for Rent in the Five Mile Prairie Neighborhood of Spokane, WA from $700 (3 Rentals)

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

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.

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.

Five Mile Prairie, Spokane, WA Local Guide

Best Value Apartments for Rent in Five Mile Prairie, WA

As of May 30, 2025 the best value apartment in the Five Mile Prairie area is the $1.51 price per square foot Bay Roan Model at StoneHorse At Wandermere in the in the Town and Country neighborhood starting from $2,250. The second greatest value Five Mile Prairie apartment is the Triple Crown Model at Graymayre Crossing Apartments starting at $2,250 with a $1.69 price per square foot in the Lidgerwood 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.
StoneHorse At WandermereBay Roan2BR,2BA$1.51
Graymayre Crossing ApartmentsTriple Crown3BR,3BA$1.69
Black Iron Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.66
Cedar Crossing Apartments2 Bed/1 Bath2BR,1BA$1.59
Serrano ApartmentsCayenne2BR,1BA$1.28
Jake at Indian TrailSeven311BR,1BA$1.96
Magnesium Village1-11BR,1BA$1.90
Northridge Court1 bed 1 bath1BR,1BA$1.64
Astor Apartments0BR/1.0BAStudio ,1BA$1.71
The GroveAster1BR,1BA$1.85

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Five Mile Prairie, Spokane, WA

Ranked #37

Among neighborhoods in Spokane, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Five Mile Prairie Neighborhood in Spokane, WA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Five Mile Prairie Apartments

How much is rent for a Cheap One Bedroom Five Mile Prairie Apartment?

The lowest price for a Cheap One Bedroom Five Mile Prairie Apartment is $825 at Serrano Apartments.

What is the lowest price for a Cheap Two Bedroom Five Mile Prairie Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Mile Prairie is starting from $995 at Serrano Apartments.

What is the most affordable Five Mile Prairie Three Bedroom Apartment?

The best deal on a cheap Five Mile Prairie Three Bedroom Apartment rental is at Magnesium Village and starts from $1,795.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.