Apartment for rent

Updated 22 Hours Ago

7.5

Very Good

Riverfalls Tower Apartments
1224 W Riverside Ave, Spokane, WA 99201, USA

Black Realty Management

1224 W Riverside Ave, Spokane, WA 99201, USA

7.5

Very Good

Monthly rent	$1,675–$1,935
Beds	Studios–1
Baths	1
Sqft	585–770

Monthly rent	$1,675–$1,935
Beds	Studios–1
Baths	1
Sqft	585–770

Updated 22 Hours Ago

Highlights

Spectacular views
Gated entry
Covered garage
Gated garage
Variety of amenities

Location

1224 W Riverside Ave, Spokane, WA 99201, USA|Peaceful Valley

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Contact

Managed by

Management

Black Realty Management

Leasing office

(509) 278-2629

Property Overview

Riverfalls Tower Apartments earns a strong 7.5/10 expert rating, with standout scores for amenities and location, plus solid trustworthiness and quality. It offers spectacular views, gated and covered garage access, and a wide range of amenities, while also rating well for fitness and wellness, social life, and sustainability.

Zumper Expert Rating

7.5

Very Good

Riverfalls Tower Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.

Things you’ll love

More space
Elementary school nearby
Dishwasher

Great for

Eco living
Social life
Wellness

Floor plans

	Studio Suite	Studio	1 bath	585 sqft	$1,675 /mo	1 unit available			Secure, luxury living in downtown Spokane is simple with our "one-bedroom" apartments. Enjoy great sunset views, a good community, and a variety of amenities while being a short distance from everything you need.
	1.5 bedroom, 1 bath	1 bed	1 bath	770 sqft	$1,935 /mo	1 unit available			Great for working from home or the occasional guest, this one bedroom apartment provides some extra space for a variety of uses.

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Amenities for Riverfalls Tower Apartments

Apartment Amenities

Air Conditioning	Balcony
Fireplace	Water

Appliances

Dishwasher	In-Unit Laundry
Oven	Range
Range/Oven	Refrigerator
Washer and Dryer

Tech

Cable TV Hookup

Building

Community Room	Controlled Access
Fitness Center	Onsite Laundry
Onsite Storage	Professional Management
Refuse Removal	Sewer
Smoke Free Housing

Grounds

Assigned Parking	Gated Entry
Outdoor Space	Park Like Grounds
Storage	Swimming Pool

Services

On-Site Management

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

Building details

Property details

Units	100

About Riverfalls Tower Apartments

Home

Apartments in Spokane

Peaceful Valley

Riverfalls Tower Apartments

Newly Renovated! Riverfalls Tower Apartments offers gated entry, high-rise living with 1, 2, and 3 bedroom apartment homes in Spokane’s premier downtown rental residences. Every home has a spectacular view! Views include the Spokane Falls, Spokane River, and river basin, views of Mt Spokane, South Hill views, and gorgeous cityscapes. Parking in our covered, gated garage with elevator service to each parking level is available. We are close to Riverpark Square, Martin Woldson Theater, major hotels, and restaurants. Call us today for more information about your new home!

Zumper Expert Rating

7.5

/10

Very Good

How we rated Riverfalls Tower Apartments

Price·5

Monthly rent at Riverfalls Tower Apartments is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.

Amenities·10

Riverfalls Tower Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·9

Riverfalls Tower 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·7

While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Riverfalls Tower Apartments to provide reasonable accomodations and accurate details about its community.

Trustworthiness·8

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.

Reviews from the web

Showing 7 highest rated

Best apartments to live in Spokane! Great location and worth every penny. Ryan, the office manager, is great and always helpful!

Riley Richardson

Jan 03, 2023

I will call back, thank you for your time in responding

Bailee Nebeker

Sep 27, 2020

If I need to tell my overall expression of Riverfalls Tower in one word, it is 'overpriced'. And I had experience with rental apartments in more than one state and twice in Spokane. I would not recommend it to a friend. First, the good things about the place. The stuff is extremely polite, including the leasing lady. The building is well cared and overall in good shape. I like the community room, the fitness place (which is small but adequate as it is barely used), elevators always clean. The tenants are very decent people and no noise or other problem. There is a closed parking space in the building, which is gated and the building itself has a secured entrance. So, safety is not an issue here. Despite being well maintained, the building is old, more than 30, close to 40 yrs, although not my expertise, I got the impression that it lacks the adequate infrastructure to support the amenities offered by the management in return of an above-Spokane average rent. I moved to a unit which was remodeled after the last tenant moved out. The rent was increased, by more than 25%, because a fireplace, electric water heater and washer/dryer were newly setup, as part of remodeling. The rent increase is fair, or this is what I believed at the very beginning, as these additions can be considered to take the apartment to the 'luxurious' status, if only what was offered was actually what I really got. Soon after moving in, I figured out that tap water in bathroom was cutoff off whenever the washer was running. The ac unit on the wall was my initial preference for heating during the first cold days of december, till i got an electricity bill close to 25% of the full month's rent, which was shocking as I spent more than half of the day outside. The other option, as recommended by the leasing lady, the fireplace, first seemed to be better in heating and cheaper, till just in a couple of weeks it became obvious it creates enormous amounts of soot, when black stains started to crawl up white plastic, walls, shelves, everything, even inside the refrigerator. The heat insulation at the exterior walls/windows must be terrible as I have never witnessed in any other apartment heat flowing from inside out at such a high rate, and I lived in midwest for some years which can be pretty chilly in winters. Another issue, the fact that electricity heater was supposed to be kept running for a good 5-6 minutes before actually hot water starts to come down, does not seem such a big deal at first but becomes bugging when the electricity bills start to drain your pocket especially in winter. Although the building is conveniently located, meaning within walking distance to downtown, and in a nice neighborhood, I would still not consider it the best, as there are not many stores in the close vicinity around nor casual walking is pleasant with the Monroe and Walnut roads creating borders cutting your walking path at east and west. My unit was on one of the upper floors, so I had a fantastic view. However, all through the summer time, the balcony was invaded by a horde of flying bugs, which probably live in the untamed green area down at the foot of the building and were crazed by the reflection of light from the windows. Even if you leave the apartment in better condition then you moved in, it does not help much with respect to deposit refund because the management wants to have their own people clean the carpets and it costs minimum $150 depending on size of the apartment.

Helen Akinci

Mar 17, 2014

We’re sharing just 7 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Riverfalls Tower Apartments is great for:

Eco living

38 parks within a mile
You can get around by foot in this area
Public transit available nearby

Social life

257 restaurants within 1 mile of this property
Areas nearby are accessible by walking
37 theaters, music venues, or sports arenas nearby
45 local event hubs within 1 mile

Wellness

On-site fitness center or gym
HVAC systems available onsite
On-site fitness or wellness programs
On-site pool or spa

Property highlights

How Riverfalls Tower Apartments compares to other nearby properties.

Positives

More space: Studio is 270 sqft larger than other listings nearby
More space: The 1-bedroom is 210 sqft larger than other listings nearby
More space: The 2-bedroom is 300 sqft larger than other listings nearby
Elementary school nearby: There is an elementary school 0.3 mile away
Dishwasher: Dishwasher available in kitchen
Fireplace: Upgraded in-unit features
Images Available: There are at least 10 photos of this address
Outdoor space: Easy access to the outdoors

Considerations

Priced higher than average: 2-bedrooms are $1000 more than the median rent in this area

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Rent trends in Peaceful Valley

Studio apartments at Riverfalls Tower Apartments cost about 109% more than the average rent price for studios in Peaceful Valley.

1-bedroom apartments here are priced 108% higher than 1-bedrooms in Peaceful Valley.

Median rents as of Jul 18 2026.

Peaceful Valley

Spokane

A table of studio rental data trends in Spokane
Month	Median Rent
August 2024	$1,134
September 2024	$1,107
October 2024	$1,026
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	$941

A table of studio rental data trends in Peaceful Valley
Month	Median Rent
December 2025	$800
January 2026	$800

Affordability calculator

Can I afford to live at 1224 W Riverside Ave?

Bedrooms

Rent-to-income ratio

30%

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The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$67,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,000 annually to afford this studio monthly rent price of $1,675.

For more information on rent affordability, visit our rent calculator.

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