Cheap Homes for Rent in Peaceful Valley Neighborhood of Spokane, WA from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Peaceful Valley area of Spokane.
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.

151 S Chestnut St

1016 W Railroad
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.

1016 W Railroad Alley
Peaceful Valley, Spokane, WA Local Guide

Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Peaceful Valley Neighborhood of Spokane, WA.
Explore Spokane
Peaceful Valley, Spokane, WA Local Guide
- Nearby Spokane neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Peaceful Valley Apartments for Rent
 The cheapest available apartment rental in the Peaceful Valley area of Spokane, WA is a 1 Bed unit found at Alcliff Apartments priced from $875. Evergreen Annex has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here are the most affordable Peaceful Valley apartments for rent in Spokane, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Alcliff Apartments | Unit | 1BR,1BA | $875 |
Evergreen Annex | 2 bedroom | 2BR,1BA | $925 |
Broadmoor | Studio | Studio,1BA | $985 |
Best Value Apartments for Rent in Peaceful Valley, WA
As of June 16, 2025 the best value apartment in the Peaceful Valley area is the $1.14 price per square foot 2 Bedroom Model at Sunset House Apartments in the in the Panorama Place neighborhood starting from $1,250. The second greatest value Peaceful Valley apartment is the Score a $500 Gift Card! Tour Riverstone Townhom... Model at Want rent as LOWERED rent?? Come tour starting at $1,810 with a $1.72 price per square foot in the Chief Garry Park neighborhood. Here is today’s list of the best values for Peaceful Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sunset House Apartments | 2 Bedroom | 2BR,1BA | $1.14 |
Want rent as LOWERED rent?? Come tour | Score a $500 Gift Card! Tour Riverstone Townhom... | 2BR,1.5BA | $1.72 |
Roosevelt Apartments | 3 Bed/1 Bath | 3BR,1BA | $1.85 |
Redband Apartments | 1-bedroom | 1BR,1BA | $1.60 |
Evergreen Annex | 2 bedroom | 2BR,1BA | $1.16 |
The Marlboro | One Bed | 1BR,1BA | $1.48 |
Parkside Browne's Addition | 1bd/1ba | 1BR,1BA | $2.00 |
2320 W 2nd Ave, Unit 3 | 2320 W 2nd Ave | 1BR,1BA | $1.87 |
Alcliff Apartments | Unit | 1BR,1BA | $1.75 |
Broadmoor | Studio | Studio ,1BA | $2.24 |
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.
Frequently Asked Questions about Peaceful Valley
What type of rentals are currently available in Peaceful Valley?
There are currently 166 Apartments for Rent in Peaceful Valley, WA with pricing that ranges from $800 to $4,100. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peaceful Valley ranging from $2,350 to $2,400.
What is the current price range for Rental Homes in Peaceful Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peaceful Valley ranges from $2,350 to $2,400 with an average monthly rent of $2,375.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.