Cheap Apartments for Rent in the Peaceful Valley Neighborhood of Spokane, WA from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Peaceful 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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2003 W 1st Ave
Studio Apartments

2003 W 1st Ave

2003 W 1st AveSpokane, WA 99201

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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Alcliff Apartments
1 Bedroom Apartments

Alcliff Apartments

1806 W Pacific AveSpokane, WA 99201
  • Utilities Included
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Buena Vista Apartments
Studio to 2 Bedroom Apartments

Buena Vista Apartments

5 S Cedar StSpokane, WA 99201
  • Utilities Included

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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Evergreen Apartments
Studio to 2 Bedroom Apartments

Evergreen Apartments

2103 W Riverside AveSpokane, WA 99201
  • Utilities Included

Peaceful Valley, Spokane, WA Local Guide

Cheapest Available Peaceful Valley Apartments for Rent

 

The cheapest available apartment rental in the Peaceful Valley area of Spokane, WA is a Studio unit found at The Marlboro priced from $950. Riverfront Annex has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Peaceful Valley apartments for rent in Spokane, WA:

Apartment ListingModel NameBed/BathPriced From
The MarlborostudioStudio,1BA$950
Riverfront AnnexRiverfront AnnexStudio,1BA$950
Sunset House Apartments1 bedroom1BR,1BA$1,000
BroadmoorStudioStudio,1BA$1,075
Avienda Apartments1 bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Peaceful Valley, WA

As of April 27, 2026 the best value apartment in the Peaceful 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 Peaceful 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 Peaceful 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
Sunset House Apartments2 Bedroom2BR,1BA$1.18
Avienda Apartments1 bedroom1BR,1BA$1.29
Montvale LoftsApartment1BR,1BA$1.90
The ChronicleSouthern View1BR,1BA$1.95
Riverfalls Tower ApartmentsStudio Suite1BR,1BA$2.82
The MarlborostudioStudio ,1BA$1.90
BroadmoorStudioStudio ,1BA$2.44
Riverfront AnnexRiverfront AnnexStudio ,1BA$2.71

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
Peaceful Valley, Spokane, WA

Ranked #37

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Peaceful Valley Apartments

What is the Cheapest Studio apartment in Peaceful Valley?

Currently the most affordable Cheap Studio Apartment in Peaceful Valley is at The Marlboro listed at $950.

How much is rent for a Cheap One Bedroom Peaceful Valley Apartment?

The lowest price for a Cheap One Bedroom Peaceful Valley Apartment is $1,000 at Sunset House Apartments.

What is the lowest price for a Cheap Two Bedroom Peaceful Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peaceful Valley is starting from $1,300 at Sunset House Apartments.

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.