Cheap Homes for Rent in Anderson Island, WA from $1,300 (9 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Steilacoom Woods in the Lake City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Anderson Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Washington Oaks1X11BR,1BA$1,097
Steilacoom WoodsStudioStudio,1BA$1,100
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225

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

As of April 24, 2026 the best value apartment in the Anderson Island area is the $1.75 price per square foot Tate Model at Abbey Rowe Apartments in the in the Hawks Prairie neighborhood starting from $1,971. The second greatest value Anderson Island apartment is the Bud Model at The Tilden starting at $2,255 with a $2.12 price per square foot in the Hawks Prairie 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.
Abbey Rowe ApartmentsTate2BR,2BA$1.75
The TildenBud2BR,2BA$2.12
Timberwood Court3BR3BR,1BA$2.11
Harbor Oaks2 Beds 1 Bath2BR,1BA$1.97
The MadisonAdams1BR,1BA$1.96
MOD 832 Bedroom2BR,1BA$2.08
Fort Steilacoom Apartments2 bedroom2BR,1BA$1.83
Windemere ApartmentsOne Bedroom Standard1BR,1BA$2.05
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$2.00
Washington Oaks1X11BR,1BA$1.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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!

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Frequently Asked Questions about Anderson Island

What type of rentals are currently available in Anderson Island?

There are currently 43 Apartments for Rent in Anderson Island, WA with pricing that ranges from $1,100 to $3,570. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anderson Island ranging from $1,350 to $3,900.

What is the current price range for Rental Homes in Anderson Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Anderson Island ranges from $1,350 to $3,900 with an average monthly rent of $2,701.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.