Riverfalls Tower Apartments
1224 W Riverside Ave,
Spokane, WA 99201
$1,600 - $4,100
Studio - 3 Beds
Downtown Spokane
Spokane, WA
Downtown Spokane - Spokane, WA
Area Guide
Niche Reviews 
Where you can watch waterfalls
River
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Waterfalls
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Urban
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Walkable
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Bicycle-Friendly
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Outdoors
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University
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Sports
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Downtown Spokane offers residents something unique: waterfalls in the middle of the city. Residents of Downtown Spokane enjoy watching the water at play as they walk along the banks of the Spokane River. Riverfront Park, the site of the 1974 World's Fair, holds more attractions, including the INB Performing Arts Center, the Spokane Chiefs Hockey Club, and a carousel that's more than 100 years old. Also in the park, you can find the Spokane Shock Arena, which regularly hosts arena football, concerts, and figure skating.
Downtown Spokane makes it easy for residents to walk to work or stroll the streets to shop, dine, or grab a beer. The Flour Mill, a renovated, 100-year-old mill, houses eclectic specialty shops and fine dining options while restaurants such as Mizuna and Anthony's at Spokane Falls let diners enjoy a view of the river as they eat. Downtown Spokane is home to Washington State University Spokane, and just across the river to the northeast is Gonzaga University.
Rent Trends
As of September 2025, the average apartment rent in Downtown Spokane is $1,381 for a studio, $1,406 for one bedroom, $1,286 for two bedrooms, and $3,478 for three bedrooms. Apartment rent in Downtown Spokane has increased by 0.5% in the past year.
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Studio
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321 sq ft
Average Sq Ft
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$1,381/month
Average Rent
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1 BR
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383 sq ft
Average Sq Ft
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$1,406/month
Average Rent
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2 BR
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644 sq ft
Average Sq Ft
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$1,286/month
Average Rent
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3 BR
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1,519 sq ft
Average Sq Ft
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$3,478/month
Average Rent
Reviews of Downtown Spokane - Spokane, WA
Niche Reviews
7 Reviews
Current Resident
6 years and 3 months ago•Niche Review
Leimert Park is where I was born and raised. I've feel comfortable in the area and naturally, at home. I walk my dogs in the neighborhood and enjoy the quaint modest homes on my street. There has been quite a bit of construction in the surrounding area and renovations which I'm looking forward to seeing to completion in the near future.
Current Resident
7 years and 3 months ago•Niche Review
Everything is in close proximity and most stores are within walking distance. Close to USC and the freeways.
Points of Interest
Shopping Centers
Parks and Recreation
- Riverfront Park
- Herbert M. Hamblen Conservation Area
- Manito Park
- Downriver Park
- High Bridge Park
Commuter Rail
Airports
- Spokane International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.