Cheap Apartments for Rent in the Latah Valley Neighborhood of Spokane, WA from $400 (131 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Latah Valley area of Spokane.

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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property at 176 S Chestnut St

$995 - $1,095

Studio To 1 Bedroom Rentals

Available Now

176 S Chestnut St

SpokaneWA99201

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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1925 W Pacific Ave
$1,100 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,900
Total Monthly Price
$1,100 - $1,900
1 to 2 Bedroom Apartment Available Aug 1

1925 W Pacific Ave

1925 W Pacific AveSpokane, WA 99201
Affordability
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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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Broadmoor
Rent Specials
$1,125 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,300
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Broadmoor

2136 W Riverside AveSpokane, WA 99201
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Cooper George
Rent Specials
$1,176 - $2,256
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $2,256
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cooper George

707 W 5th AveSpokane, WA 99204
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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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South Hill Heights
Rent Specials
$1,199 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,399
Total Monthly Price
$1,199 - $1,399
1 to 2 Bedroom Apartments Available Now

South Hill Heights

815 S Lincoln StSpokane, WA 99204
Affordability
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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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Latah Valley, Spokane, WA Local Guide

Cheapest Available Latah Valley Apartments for Rent

 

The cheapest available apartment rental in the Latah Valley area of Spokane, WA is a Studio unit found at Collins Apartments priced from $670. Rennwood Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Latah Valley apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Collins Apartments206Studio,1BA$670
Rennwood Court ApartmentsStudioStudio,1BA$700
Studio 24 ApartmentsStudioStudio,1BA$775
206 FlatsStudio, 1 bathStudio,1BA$850
Metro Apartments1 bedroom1BR,1BA$850
The ImperialUrban Studio1BR,1BA$875
Sherwood0BR/1.0BAStudio,1BA$875
Ridpath Club ApartmentsStudio-Income RestrictedStudio,1BA$895
The San Marco Apartments1 bed1BR,1BA$895
Sodo CommonsStudioStudio,1BA$900

Best Value Apartments for Rent in Latah Valley, WA

As of July 28, 2026 the best value apartment in the Latah Valley area is the $1.07 price per square foot 3 Bedroom Model at Crystal House in the in the West Hills neighborhood starting from $1,500. The second greatest value Latah Valley apartment is the 2 Bedroom Model at The Albert Building starting at $1,500 with a $1.25 price per square foot in the Panorama Place neighborhood. Here is today’s list of the best values for Latah Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crystal House3 Bedroom3BR,2BA$1.07
The Albert Building2 Bedroom2BR,1BA$1.25
Parc Grand Apartments2 bedroom2BR,2BA$1.45
615 W 6th Ave2 Beds, 1 Baths2BR,1BA$1.28
1611 W 8th Ave2 Beds, 1 Baths2BR,1BA$1.33
Sunset House Apartments1 bedroom1BR,1BA$1.28
Avienda Apartments1 bedroom1BR,1BA$1.29
518 Apartments1 Bedroom1BR,1BA$1.35
The San Marco Apartments1 bed1BR,1BA$1.13
Buena Vista Apartments1 Bedroom1BR,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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Quick Rent Budget Calculator

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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
Latah Valley, Spokane, WA

Ranked #7

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Latah Valley, Spokane, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in cities across the United States including Latah Valley, Spokane, and the greater Spokane area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Latah Valley Apartments

What is a cheap apartment in Latah Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Latah Valley is under $900.

What is the price of a cheap apartment in Latah Valley?

The cheapest apartment in Latah Valley is Collins Apartments which is listed at $780, while the average apartment in Latah Valley costs $2,000.

What types of apartments are the cheapest in Latah Valley?

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 39 regular apartments in Latah Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.