
Cheap Apartments for Rent in the Palisades Park Neighborhood of Spokane, WA from $850 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palisades Park area of Spokane.


Cedar Summit Estates III & IV

Cedar Summit Estates

Randolph Arms

Assembly Trail

Redband Apartments
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.

Courts At Indian Canyon

Indian Canyon Apartments

47 South Apartments

Total Monthly Price
GoGo West

Canyon Greens Apartments

Bentley Apartments
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.

City View

The Residence at River Run

CEDAR SUMMIT ESTATES 55+ DUPLEXES

Sleepy Hollow Apartments

The James

Deer Creek
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.

The Flats on Rustle

9125 W Pirates Ct

908 S Salish Ct

727 S Basalt St

47 North Apartments

Copper Landing
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.

Salish Flats
Palisades Park, Spokane, WA Local Guide

How much does it cost to rent an apartment in Palisades Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palisades Park Studio Apartments | $1,195 | $1,145 | $1,255 |
| Palisades Park 1 Bedroom Apartments | $1,261 | $975 | $1,595 |
| Palisades Park 2 Bedroom Apartments | $1,452 | $1,075 | $1,895 |
| Palisades Park 3 Bedroom Apartments | $1,728 | $1,606 | $2,095 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Palisades Park Neighborhood of Spokane, WA.
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Palisades Park, Spokane, WA Local Guide
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Cheapest Available Palisades Park Apartments for Rent
 The cheapest available apartment rental in the Palisades Park area of Spokane, WA is a Studio unit found at Sleepy Hollow Apartments priced from $850. Fisher's Landing at Redband has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Palisades Park apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sleepy Hollow Apartments | 0BR/1.0BA | Studio, 1BA | $850 |
| Fisher's Landing at Redband | 1bd/1ba | 1BR, 1BA | $975 |
| Cedar Summit Estates III & IV | 1 Bedroom | 1BR, 1BA | $1,015 |
| Cedar Summit Estates | 1 Bedroom | 1BR, 1BA | $1,115 |
| Randolph Arms | The Liberty - Classic | 1BR, 1BA | $1,125 |
Best Value Apartments for Rent in Palisades Park, WA
As of September 18, 2026 the best value apartment in the Palisades Park area is the $1.46 price per square foot Timberlake A Model at Copper Landing in the Palisades Park neighborhood starting from $1,606. The second greatest value Palisades Park apartment is the Fairway (2x2) Model at Indian Canyon Apartments in the Thorpe neighborhood starting at $1,435 with a $1.31 price per square foot. Here is today’s list of the best values for Palisades Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Landing | Timberlake A | 3BR, 2BA | $1.46 |
| Indian Canyon Apartments | Fairway (2x2) | 2BR, 2BA | $1.31 |
| City View | 2x1 | 2BR, 1BA | $1.65 |
| Redband Apartments | Studio | Studio, 1BA | $1.56 |
| GoGo West | One Bed One Bath | 1BR, 1BA | $1.74 |
| Fisher's Landing at Redband | 1bd/1ba | 1BR, 1BA | $1.39 |
| Canyon Greens Apartments | 1X1 692 sqft | 1BR, 1BA | $1.81 |
| Cedar Summit Estates | 1 Bedroom | 1BR, 1BA | $1.69 |
| Cedar Summit Estates III & IV | 1 Bedroom | 1BR, 1BA | $1.54 |
| Sleepy Hollow Apartments | 0BR/1.0BA | Studio, 1BA | $1.42 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestylePalisades Park, Spokane, WA
Ranked #32
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 a cheap apartment in Palisades Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palisades Park is under $1,255.
What is the price of a cheap apartment in Palisades Park?
The cheapest apartment in Palisades Park is Fisher's Landing at Redband which is listed at $975, while the average apartment in Palisades Park costs $1,394.
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 8 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 $468 which is $926 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.