Cheap Apartments for Rent in Anderson Island, WA from $1,000 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Anderson Island.

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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Arrow Apartments
$1,450 - $2,150
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$1,450 - $2,150
Total Monthly Price
$1,450 - $2,150
Studio to 2 Bedroom Apartments Available Now

Arrow Apartments

7415 Hawks Prairie Rd NELacey, WA 98516
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Britton Place
Rent Specials
$1,553 - $3,006
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$1,553 - $3,006
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Callen
$1,639 - $2,253
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$1,639 - $2,253
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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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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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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Washington Oaks
1 to 2 Bedroom Apartments

Washington Oaks

15308 Washington Ave SWLakewood, WA 98498
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Tanglewood Apartments
Studio to 2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
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Arbor Pointe
1 to 3 Bedroom Apartments

Arbor Pointe

11432 105th Ave SWLakewood, WA 98498

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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Harbor Oaks
1 to 3 Bedroom Apartments

Harbor Oaks

97 Byrd DrSteilacoom, WA 98388
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Edgewood Apartments
1 to 2 Bedroom Apartments

Edgewood Apartments

12211 Edgewood Ave SWLakewood, WA 98498
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MOD 83
1 to 2 Bedroom Apartments

MOD 83

8022 83rd Ave SWLakewood, WA 98498
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Anderson Island, WA Local Guide

Cheapest Available Anderson Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Anderson Island, WA is a 1 Bed unit found at Washington Oaks in the North Fort Lewis neighborhood priced from $1,097. Westwood Apartments in the Lake City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Anderson Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Oaks1X11BR,1BA$1,097
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Hunters Glen ApartmentsDeluxe1BR,1BA$1,255
Emerald Greens1x1S1BR,1BA$1,275
Morningtree Park1B 1B Small1BR,1BA$1,275
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,390
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Timberwood Court2BR2BR,1BA$1,495
Arrow ApartmentsArrow A1Studio,1BA$1,525
Oak Terrace1x1 Aspen Reno No W/D1BR,1BA$1,525

Best Value Apartments for Rent in Anderson Island, WA and Nearby

As of July 04, 2026 the best value apartment in the Anderson Island area is the $1.75 price per square foot 350 RTH Model at Madrona Estates in the in the Oakbrook neighborhood starting from $2,100. The second greatest value Anderson Island apartment is the 3 Beds 1 Bath Model at Harbor Oaks starting at $2,119 with a $1.88 price per square foot in the Lake City neighborhood. Here is today’s list of the best values for Anderson Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Madrona Estates350 RTH2BR,1.5BA$1.75
Harbor Oaks3 Beds 1 Bath3BR,1BA$1.88
Timberwood Court3BR23BR,2BA$2.01
The MadisonAdams1BR,1BA$2.11
MOD 832 Bedroom2BR,1BA$2.04
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.83
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Hunters Glen ApartmentsStandard1BR,1BA$2.08
Washington Oaks1X11BR,1BA$1.83

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Anderson Island, WA Rentals by Map

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See the most popular apartments and homes in Anderson Island, WA

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Frequently Asked Questions about Cheap Anderson Island Apartments

What is the Cheapest Studio apartment in Anderson Island?

Currently the most affordable Cheap Studio Apartment in Anderson Island is at Arrow Apartments listed at $1,525.

How much is rent for a Cheap One Bedroom Anderson Island Apartment?

The lowest price for a Cheap One Bedroom Anderson Island Apartment is $1,097 at Washington Oaks.

What is the lowest price for a Cheap Two Bedroom Anderson Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Anderson Island is starting from $1,390 at Fort Steilacoom Apartments.

What is the most affordable Anderson Island Three Bedroom Apartment?

The best deal on a cheap Anderson Island Three Bedroom Apartment rental is at Timberwood Court and starts from $1,795.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.