Cheap Apartments for Rent in the Palisades Park Neighborhood of Spokane, WA from $700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Palisades Park 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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The James
1 Bedroom Apartments

The James

1503 S Rustle StSpokane, WA 99224

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.

Palisades Park, Spokane, WA Local Guide

Cheapest Available Palisades Park Apartments for Rent

 

The cheapest available apartment rental in the Palisades Park area of Spokane, WA is a 1 Bed unit found at Cedar Summit Estates III & IV priced from $1,015. Fisher's Landing at Redband has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Palisades Park apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
Cedar Summit Estates III & IV1 Bedroom1BR,1BA$1,015
Fisher's Landing at Redband1bd/1ba1BR,1BA$1,025
Indian Canyon ApartmentsBirdie1BR,1BA$1,210

Best Value Apartments for Rent in Palisades Park, WA

As of June 19, 2026 the best value apartment in the Palisades Park area is the $1.54 price per square foot 3x2 B Model at Salish Flats in the in the Northwest neighborhood starting from $1,936. The second greatest value Palisades Park apartment is the Summit Model at Cedar Summit Estates starting at $1,265 with a $1.18 price per square foot in the Palisades Park neighborhood. Here is today’s list of the best values for Palisades Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Salish Flats3x2 B3BR,2BA$1.54
Cedar Summit EstatesSummit2BR,2BA$1.18
Indian Canyon ApartmentsBogey2BR,1.5BA$1.49
GoGo WestTwo Bed One Bath2BR,1BA$1.46
Copper LandingRiverbend A2BR,1BA$1.61
Redband ApartmentsOne Bedroom1BR,1BA$1.64
Bentley Apartments1 Bed 1 Bath1BR,1BA$1.78
Deer Creek1 Bdrm - 1 Ba1BR,1BA$1.71
Fisher's Landing at Redband1bd/1ba1BR,1BA$1.46
Cedar Summit Estates III & IV1 Bedroom1BR,1BA$1.54

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

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
Palisades Park, Spokane, WA

Ranked #33

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Spokane. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Palisades Park Apartments

What is the price of a cheap apartment in Palisades Park?

The cheapest apartment in Palisades Park is Cedar Summit Estates III & IV which is listed at $1,015, while the average apartment in Palisades Park costs $1,805.

What types of apartments are the cheapest in Palisades Park?

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 Palisades Park 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 Palisades Park?

Cheap apartments in Palisades Park have an average cost of $296 which is $1,509 cheaper than the average rent for all rentals in Palisades Park.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.