Cheap Homes for Rent in Spokane, WA from $500 (46 Rentals)

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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

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property at 3217 N Smith

3217 N Smith

SpokaneWA99207
Showing Results 1-46, Page 1 of 1

Spokane, WA Local Guide

Cheapest Neighborhoods for Apartments in Spokane, WA

Pricing Updated: 06/14/2025

Current apartment rentals in the Spokane, WA area range in price from $595 to $5,350 with an overall median price of $2,259. The three Spokane neighborhoods with the lowest median rent pricing are Nevada Lidgerwood at $755, Emerson Garfield at $755, and Bemiss at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Spokane Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Nevada Lidgerwood$1,493$75587
Emerson Garfield$1,595$75577
Bemiss$1,650$59535
Chief Garry Park$1,650$755150
Hillyard$1,650$59586
Minnehaha$1,650$595124
Whitman$1,650$595104
Lidgerwood$1,699$75559
Mirabeau$1,780$92879
West Valley$1,838$845113

Cheapest Available Spokane Apartments for Rent

 

The cheapest available apartment rental in Spokane, WA is a Studio unit found at The Dresden in the Panorama Place neighborhood priced from $750. Rennwood Court Apartments in the Panorama Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Spokane apartments for rent:

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
Forest Park CourtAlpine1BR,1BA$875
Alcliff ApartmentsUnit1BR,1BA$875
The ImperialSmall Urban Studio1BR,1BA$875
Astor Terrace ApartmentsStudio, 1 bathStudio,1BA$895

Best Value Apartments for Rent in Spokane, WA

As of June 14, 2025 the best value apartment in the Spokane area is the $0.95 price per square foot 8950 N Pamela St Model at 8950 N Pamela St, Unit 8950 in the in the Balboa neighborhood starting from $1,900. The second greatest value Spokane apartment is the 303 E Indiana Ave Model at 303 E Indiana Ave, Unit 2 starting at $2,100 with a $1.17 price per square foot in the Emerson neighborhood. Here is today’s list of the best values for Spokane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8950 N Pamela St, Unit 89508950 N Pamela St4BR,3BA$0.95
303 E Indiana Ave, Unit 2303 E Indiana Ave3BR,2BA$1.17
8948 N Pamela St, Unit 89488948 N Pamela St3BR,2BA$1.20
940 NorthD14BR,2BA$0.54
Bellwood Park Apartments2x22BR,2BA$1.15
Sunset House Apartments2 Bedroom2BR,1BA$1.14
Summit Ridge Apartments2 Bedroom2BR,2BA$1.17
Colfax Sandhill ApartmentsSandhill- 2 bedroom2BR,1BA$1.17
Cedar Park Apartments2 Bedroom 1 Bath2BR,1BA$1.22
Evergreen Annex2 bedroom2BR,1BA$1.16

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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Frequently Asked Questions about Spokane

What type of rentals are currently available in Spokane?

There are currently 1529 Apartments for Rent in Spokane, WA with pricing that ranges from $595 to $4,100. There are also 171 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spokane ranging from $500 to $6,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spokane ranges from $500 to $6,600 with an average monthly rent of $2,875.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spokane range from $1,200 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,895 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.