Zumper
modified
Updated 5 Hours Ago

Highlights

  • Private balconies
  • Washer and dryer
  • Free wi-fi
  • On-site management
  • 24-hour on-site laundry facilities
  • Community amenities

Location

Spokane, WA 99224, USA
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Management

The Terrace Apartments

Leasing office

(509) 325-3288

Property Overview

The Terrace Apartments offers strong value and convenience, with a Zumper expert rating of 8.4/10, a 10/10 price rating, and a 9/10 location rating. It includes private balconies, a washer and dryer, free wi-fi, on-site management, 24-hour on-site laundry facilities, and community amenities, with very close public transit access and a high value-for-money standing.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, The Terrace Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Terrace Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Public transit nearby
  • Middle school nearby

Floor plans

CTA - 3 bed, 2 bath - 946 SF3 bed2 bath946 sqft$1,350 /mo1 unit availableWelcome to The Terrace Apartments The Terrace Apartments offer an ideal location on the edge of downtown Spokane, Washington perfectly situated for both convenience and comfort. Enjoy an easy commute to Cheney and Eastern Washington University, along with walkable access to Spokane Falls Community College (SFCC). Outdoor lovers will appreciate being just steps from the Centennial Trail, ideal for walking, biking, or simply enjoying Spokane’s beautiful summer weather. As a resident, you’ll enjoy: Dishwasher Air conditioning Private balconies Free Wi-Fi Water, sewer, and garbage included in rent Garage rentals available Washer and dryer in select homes 24-hour on-site laundry facilities On-site management Community amenities Pet-friendly living Walking distance to Spokane Falls Community College Quick access to the Centennial Trail Short drive to Cheney and Eastern Washington University Comfort, convenience, and a great location. The Terrace Apartments make it easy to feel right at home. Monthly fee breakdown: - Rent = $1200 - Landlord liability insurance = $12 - Utilities (water/sewer/garbage/pest/gas= Utilities are 3rd-party billed using a RUBS factored occupancy usage method. - Electricity usage is resident-responsibility - Parking (*optional) = $20-$55 - Pet rent (*optional) = $20 - per pet Due at time of move-in: - 1-time, nonrefundable $40 application fee per person - 1-time, refundable security deposit (contingent on application) = $800 - Prorated rent, parking*, pet rent* - Landlord liability insurance (cannot be prorated) - 1-time, nonrefundable pet fee* = $250 - per pet - 1-time, nonrefundable admin fee = $200
CTA - 3 bed, 2 bath - 1,000 SF3 bed2 bath1,000 sqft$1,400 /mo2 units availableWelcome to The Terrace Apartments The Terrace Apartments offer an ideal location on the edge of downtown Spokane, Washington perfectly situated for both convenience and comfort. Enjoy an easy commute to Cheney and Eastern Washington University, along with walkable access to Spokane Falls Community College (SFCC). Outdoor lovers will appreciate being just steps from the Centennial Trail, ideal for walking, biking, or simply enjoying Spokane’s beautiful summer weather. As a resident, you’ll enjoy: Dishwasher Air conditioning Private balconies Free Wi-Fi Water, sewer, and garbage included in rent Garage rentals available Washer and dryer in select homes 24-hour on-site laundry facilities On-site management Community amenities Pet-friendly living Walking distance to Spokane Falls Community College Quick access to the Centennial Trail Short drive to Cheney and Eastern Washington University Comfort, convenience, and a great location. The Terrace Apartments make it easy to feel right at home. Monthly fee breakdown: - Rent = $1200 - Landlord liability insurance = $12 - Utilities (water/sewer/garbage/pest/gas= Utilities are 3rd-party billed using a RUBS factored occupancy usage method. - Electricity usage is resident-responsibility - Parking (*optional) = $20-$55 - Pet rent (*optional) = $20 - per pet Due at time of move-in: - 1-time, nonrefundable $40 application fee per person - 1-time, refundable security deposit (contingent on application) = $800 - Prorated rent, parking*, pet rent* - Landlord liability insurance (cannot be prorated) - 1-time, nonrefundable pet fee* = $250 - per pet - 1-time, nonrefundable admin fee = $200

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One-time. Refundable.

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About The Terrace Apartments

HomeApartments in Spokane The Terrace Apartments

Welcome to The Terrace Apartments The Terrace Apartments offer an ideal location on the edge of downtown Spokane, Washington perfectly situated for both convenience and comfort. Enjoy an easy commute to Cheney and Eastern Washington University, along with walkable access to Spokane Falls Community College (SFCC). Outdoor lovers will appreciate being just steps from the Centennial Trail, ideal for walking, biking, or simply enjoying Spokane’s beautiful summer weather. As a resident, you’ll enjoy: Dishwasher Air conditioning Private balconies Free Wi-Fi Water, sewer, and garbage included in rent Garage rentals available Washer and dryer in select homes 24-hour on-site laundry facilities On-site management Community amenities Pet-friendly living Walking distance to Spokane Falls Community College Quick access to the Centennial Trail Short drive to Cheney and Eastern Washington University Comfort, convenience, and a great location. The Terrace Apartments make it easy to feel right at home. Monthly fee breakdown: - Rent = $1200 - Landlord liability insurance = $12 - Utilities (water/sewer/garbage/pest/gas= Utilities are 3rd-party billed using a RUBS factored occupancy usage method. - Electricity usage is resident-responsibility - Parking (*optional) = $20-$55 - Pet rent (*optional) = $20 - per pet Due at time of move-in: - 1-time, nonrefundable $40 application fee per person - 1-time, refundable security deposit (contingent on application) = $800 - Prorated rent, parking*, pet rent* - Landlord liability insurance (cannot be prorated) - 1-time, nonrefundable pet fee* = $250 - per pet - 1-time, nonrefundable admin fee = $200


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, The Terrace Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Terrace Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated The Terrace Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Terrace Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Terrace Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Terrace Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Terrace Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Terrace Apartments compares to other nearby properties.

Positives

Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Public transit nearby
Only 0.1 miles from transit
Middle school nearby
There is a middle school 2.3 miles away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2.5 miles away

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Rent trends in Spokane

3-bedroom apartments at The Terrace Apartments cost about 31% less than the average rent price for 3-bedroom apartments in Spokane.

Median rents as of Oct 3 2026.
Spokane
A table of studio rental data trends in Spokane
MonthMedian Rent
October 2024$1,038
November 2024$1,064
December 2024$1,091
January 2025$1,095
February 2025$1,092
March 2025$1,096
April 2025$1,135
May 2025$1,057
June 2025$1,014
July 2025$967
August 2025$973
September 2025$950
October 2025$921
November 2025$923
December 2025$943
January 2026$910
February 2026$900
March 2026$943
April 2026$934
May 2026$918
June 2026$935
July 2026$940
August 2026$927
September 2026$962
October 2026$985

Affordability calculator

Can I afford to live at Spokane?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$55,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 3-bedrooms median monthly rent price of $1,375.
For more information on rent affordability, visit our rent calculator.

Schools near The Terrace Apartments

Phil Snowdon Elementary School

6323 s holly rd

cheney, WA, 99004

PK, K-5Public
B-

Great Northern Elementary School

3115 n spotted rd

spokane, WA, 99224

K-6Public
B

Spokane Virtual Learning

2904 e sprague ave

spokane, WA, 99202

K-12Public
B-

Skyline Elementary

9911 n bob olson ln

spokane, WA, 99208

K-5Public
A-

West Valley Virtual Learning Center

7401 e mission ave

spokane, WA, 99212

K-8Public
C
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Internet available near The Terrace Apartments

Getting around WA 99224 near Spokane

Walking

1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for Spokane, WA 99224

Groceries

3/10
Some groceries within a short drive

Shopping

2/10
Few or no shops within a short drive

Cafes

2/10
Few or no cafés within a short drive

Restaurants

3/10
Some restaurants within a short drive

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

2/10
Few or no bars within a short drive

Explore the area around Spokane

ABC Christian Book Center
3715 S Grove Rd
Rosauers Supermarkets
1808 W 3rd Ave
Grocery Outlet
1617 W 3rd Ave
Yoke's Fresh Market
4235 S Cheney Spokane Rd
Rosauers Supermarkets
926 S Monroe St

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