
Cheap Apartments for Rent in the Palisades Park Neighborhood of Spokane, WA from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palisades Park area of Spokane.


Cedar Summit Estates III & IV

Fisher's Landing at Redband

Cedar Summit Estates

Indian Canyon Apartments
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.

Assembly Trail

Canyon Greens Apartments

GoGo West

Sleepy Hollow Apartments

The James
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.

Copper Landing
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 | $1,236 | $1,145 | $1,350 |
| Palisades Park 1 Bedroom Apartments | $1,263 | $855 | $1,495 |
| Palisades Park 2 Bedroom Apartments | $1,421 | $1,100 | $1,960 |
| Palisades Park 3 Bedroom Apartments | $1,666 | $1,350 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 11 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 1 Bed unit found at The Terrace priced from $855. Cedar Summit Estates III & IV has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Palisades Park apartments for rent in Spokane, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terrace | Junior 1x1 | 1BR,1BA | $855 |
| Cedar Summit Estates III & IV | 1 Bedroom | 1BR,1BA | $1,015 |
| Copper Landing | Plan A1 | 1BR,1BA | $1,059 |
| Cedar Summit Estates | 1 Bedroom | 1BR,1BA | $1,115 |
| Assembly Trail | Studio | Studio,1BA | $1,145 |
Best Value Apartments for Rent in Palisades Park, WA
As of January 10, 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 Fairway Model at Indian Canyon Apartments starting at $1,315 with a $1.20 price per square foot in the Thorpe neighborhood. 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. |
|---|---|---|---|
| Salish Flats | 3x2 B | 3BR,2BA | $1.54 |
| Indian Canyon Apartments | Fairway | 2BR,2BA | $1.20 |
| Deer Creek | 2 Bdrm - 1.5 Ba | 2BR,1.5BA | $1.39 |
| The Residence at River Run | 2x2 DAG | 2BR,2BA | $1.66 |
| 47 South Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.66 |
| GoGo West | One Bed One Bath | 1BR,1BA | $1.67 |
| Copper Landing | Plan A1 | 1BR,1BA | $1.53 |
| Canyon Greens Apartments | 1X1 692 sqft | 1BR,1BA | $1.73 |
| Cedar Summit Estates | 1 Bedroom | 1BR,1BA | $1.69 |
| Cedar Summit Estates III & IV | 1 Bedroom | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 #25
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 the price of a cheap apartment in Palisades Park?
The cheapest apartment in Palisades Park is The Terrace which is listed at $855, while the average apartment in Palisades Park costs $1,712.
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 $250 which is $1,462 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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!