Cheap Apartments for Rent in the Latah Valley Neighborhood of Spokane, WA from $400 (118 Rentals)

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

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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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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Broadmoor
Rent Specials
$1,075 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,350
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Broadmoor

2136 W Riverside AveSpokane, WA 99201
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  • 3D Tour

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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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
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Cooper George
Rent Specials
$1,246 - $2,256
Total Monthly Price

Total Monthly Price

Base Rent
$1,246 - $2,256
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cooper George

707 W 5th AveSpokane, WA 99204
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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 1 Bed apartment currently listed from $850. Here are the most affordable Latah Valley apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Collins Apartments206Studio,1BA$670
Rennwood Court Apartments1 Bedroom 1 Bath1BR,1BA$850
Elm Apartments in Browne's Addition!StudioStudio,1BA$850
Sherwood ApartmentsStudioStudio,1BA$850
The ImperialUrban Studio1BR,1BA$850
206 FlatsStudio, 1 bathStudio,1BA$850
Metro Apartments1 bedroom1BR,1BA$850
Ridpath Club ApartmentsStudio-Income RestrictedStudio,1BA$895
2011 W 2nd Ave1BR/1.0BA1BR,1BA$895
Culmstock Arms Apartments0BR/1.0BAStudio,1BA$900

Best Value Apartments for Rent in Latah Valley, WA

As of April 28, 2026 the best value apartment in the Latah Valley area is the $1.27 price per square foot 1916 W Riverside Ave Model at 1916 W Riverside Ave, Unit 3 in the in the Panorama Place neighborhood starting from $1,900. The second greatest value Latah Valley apartment is the 3 Bedroom Model at Crystal House starting at $1,500 with a $1.07 price per square foot in the West Hills 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.
1916 W Riverside Ave, Unit 31916 W Riverside Ave2BR,1BA$1.27
Crystal House3 Bedroom3BR,2BA$1.07
5th & Conklin TownhomesModel 12BR,2.5BA$1.44
Sunset House Apartments2 Bedroom2BR,1BA$1.18
917 E 8th Ave2BR/2.0BA2BR,2BA$1.40
Parc Grand Apartments2 bedroom2BR,2BA$1.45
The Albert Building1 bed Bath1BR,1BA$1.22
Cedar Park Apartments2 Bedroom 1 Bath2BR,1BA$1.22
Avienda Apartments1 bedroom1BR,1BA$1.29
Sherwood ApartmentsStudioStudio ,1BA$1.31

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.

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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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The 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.

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Cash 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.

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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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Pet Friendly Lifestyle
Latah Valley, Spokane, WA

Ranked #6

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 27 regular apartments in Latah Valley 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 Latah Valley?

Cheap apartments in Latah Valley have an average cost of $275 which is $1,725 cheaper than the average rent for all rentals in Latah Valley.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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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.

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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.