Cheap Apartments for Rent near Anderson Island, WA from $1,000 (53 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Britton Place
Rent Specials
$1,501 - $2,866
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Total Monthly Price

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$1,501 - $2,866
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Arrow Apartments
$1,550 - $2,150
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$1,550 - $2,150
Total Monthly Price
$1,550 - $2,150
Studio to 2 Bedroom Apartments Available Now

Arrow Apartments

7415 Hawks Prairie Rd NELacey, WA 98516
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The Marq on Martin
Rent Specials
$1,563 - $2,431
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$1,563 - $2,431
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Studio to 2 Bedroom Apartments Available Now

The Marq on Martin

8515 Litt Dr SELacey, WA 98516
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Toscana Apartment Homes
Rent Specials
$1,597 - $2,304
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$1,597 - $2,304
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Studio to 2 Bedroom Apartments Available Now

Toscana Apartment Homes

6979 Birdseye Ave NELacey, WA 98516
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Callen
$1,672 - $2,317
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$1,672 - $2,317
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
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MOD 83
1 to 2 Bedroom Apartments

MOD 83

8022 83rd Ave SWLakewood, WA 98498
Corporate Housing

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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Harbor Oaks
1 to 3 Bedroom Apartments

Harbor Oaks

97 Byrd DrSteilacoom, WA 98388

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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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 Westwood Apartments in the Lake City neighborhood priced from $1,225. Hunters Glen Apartments in the Lake City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here is today’s list of the most affordable Anderson Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Hunters Glen ApartmentsStandard1BR,1BA$1,275
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Fort Steilacoom Apartments2 bedroom2BR,1BA$1,450
Britton PlacePLAN A - STUDIOStudio,1BA$1,501
Oak Terrace1x1 Aspen Reno No W/D1BR,1BA$1,545
The Marq on MartinA11BR,1BA$1,563
Martingale ApartmentsStudio S1Studio,1BA$1,564
Morningtree Park2B 1B Standard2BR,1BA$1,585
Brighton PlaceLaurel1BR,1BA$1,600

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

As of August 19, 2026 the best value apartment in the Anderson Island area is the $2.12 price per square foot Madison Model at The Madison in the in the Hawks Prairie neighborhood starting from $2,104. The second greatest value Anderson Island apartment is the 2 Bed 1 Bath C Model at Arbor Pointe starting at $1,725 with a $1.85 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.
The MadisonMadison2BR,1BA$2.12
Arbor Pointe2 Bed 1 Bath C2BR,1BA$1.85
Callen2x1 TMR 8912BR,1BA$2.15
MOD 832 Bedroom2BR,1BA$1.99
Abbey Rowe ApartmentsSoho1BR,1BA$2.07
Brighton PlaceLaurel1BR,1BA$2.00
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.91
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1.88
Hunters Glen ApartmentsStandard1BR,1BA$2.08

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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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 Britton Place listed at $1,501.

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

The lowest price for a Cheap One Bedroom Anderson Island Apartment is $1,225 at Westwood Apartments.

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 $1,450 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 Karlo Apartments and starts from $2,535.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.