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Pennington Apartments

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(253) 319-3612
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702 Martin Luther King Jr Way, Tacoma, WA 98405

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Pennington Apartments

702 Martin Luther King Jr Way
Tacoma, WA 98405
(253) 319-3612
Pennington Apartments in Tacoma, WA - Building Photo
  • Studio–1 Bedrooms
  • $1,150-$1,400 Pricing
  • 432–775 Square Feet

About Pennington Apartments

Pennington Apartments is located in the Stadium District Neighborhood and 98405 Zip code of Tacoma, WA. This community is professionally managed by Targa Real Estate Services

Property Contact Info

Floorplan Pricing and Availability

Pennington Apartments offers Studio to 1 Bedroom apartments starting from $1,150 and having 432–775 sq ft. Here is the current pricing and availability:

  • Studio

    Studio

    $1,150

    Studio, 1 Bath, 432-475 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,150Available Now209475
    $1,150Available Now302432
    $1,150Available Now403475

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,150

    Deposit

    • $700 deposit

    Unit 209 Rent and Fees

    Unit Price

    • $1,150

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,150

    Unit 302 Rent and Fees

    Unit Price

    • $1,150

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,150

    Unit 403 Rent and Fees

    Unit Price

    • $1,150

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,150
  • 1 Bedroom

    1x1 SM

    1 Bed, 1 Bath, 475 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,200Call for Availability1x1 SM475 sq ft$700

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,200

    Deposit

    • $700 deposit

    Floorplan 1X1

    1 Bed, 1 Bath, 500 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,300Call for Availability1X1500 sq ft$700

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,300

    Deposit

    • $700 deposit

    1X1L

    1 Bed, 1 Bath, 775 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,400Call for Availability1X1L775 sq ft$1,000

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,400

    Deposit

    • $1,000 deposit
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (253) 319-3612 to schedule a tour.

Property Information

  • Renovated In Sep 2026
  • 52 Units
  • 4 Stories
  • Built in 1933

Lease Terms

  • 12 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$35.00
Due at Move-In
Administrative FeeiCharged per unit.$0.00

Other Fees and Policies

Pet Fees

Cat
Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00/mo
25 lbs. Weight Limit
Comments:

Max of 2. We allow cats and dogs with a two pet maximum per unit. There is a 25 lb. maximum as well. Please contact the office for the entire pet policy.

Dog
Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00/mo
25 lbs. Weight Limit
Comments:

Max of 2. We allow cats and dogs with a two pet maximum per unit. There is a 25 lb. maximum as well. Please contact the office for the entire pet policy.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Interior Features

  • Windows
Google Map

Map

702 Martin Luther King Jr Way, Tacoma, WA 98405

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Pennington Apartments

Where is Pennington Apartments located?

Pennington Apartments is located at 702 Martin Luther King Jr Way near the Stadium District area of Tacoma, WA

What is the current rent range at Pennington Apartments?

Studio at Pennington Apartments currently start from $1,150. Call today for more info!

When is the leasing office open?

  • The office Hours for Pennington Apartments are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Pennington Apartments Apartments are 24.65% cheaper than the average apartment in the Stadium District area, and 20.85% cheaper than the average apartment city-wide.

    Rent Comparison to the Stadium District Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,150$1,408-$258-18.3%
    1 Bedroom$1,200$1,739-$539-31.0%

    Rent Comparison to the city of Tacoma

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,150$1,351-$201-14.9%
    1 Bedroom$1,200$1,639-$439-26.8%

    Methodology: On 06/01/2026, ApartmentHomeLiving.com compared current rents by floorplan to 649 other apartment communities in the immediate area around Pennington Apartments (Stadium District), and 1226 other apartment communities in Tacoma using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 06/01/2026

Learn more about Lifestyle Search

Nearby Schools

Bryant Montessori School

Tacoma School District
717 South Grant Avenue
Public School - Grades PK-8 (264 Students)
In Attendance Zone1 minute drive / 0.4 miles away
2/10

Stadium High School

Tacoma School District
111 North E Street
Public School - Grades 9-12 (1571 Students)
In Attendance Zone2 minute drive / 0.7 miles away
7/10

Hilltop Heritage Middle School

Tacoma School District
602 North Sprague Avenue
Public School - Grades 6-8 (524 Students)
In Attendance Zone1 minute drive / 0.6 miles away
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Pennington Apartments.

Big Box and Retail

Walgreens

2024 6th Ave
2 minute drive / 0.73 miles away

Walmart

1965 S Union Ave
5 minute drive / 1.93 miles away

Target

3320 S 23rd St
4 minute drive / 2.1 miles away

Colleges and Universities

University of Washington, Tacoma

1900 Commerce St
3 minute drive / 1.14 miles away

University of Puget Sound

1500 N Warner
4 minute drive / 1.5 miles away

Tacoma Community College

6501 S 19th Street
7 minute drive / 3.55 miles away

Groceries

Hong Kong Supermarket

3828 Yakima Ave
5 minute drive / 2.64 miles away

Safeway

2637 N Pearl St
6 minute drive / 3.12 miles away

Fred Meyer

6901 S 19th St
8 minute drive / 3.87 miles away

Hospitals

St. Joseph Medical Center

1717 South J Street
3 minute drive / 1.01 miles away

St. Francis Community Hospital

34515 9th Avenue South
13 minute drive / 6.36 miles away

St. Clare Hospital

11315 Bridgeport Way S W
16 minute drive / 7.74 miles away

Military Bases

McChord Air Force Base

20 minute drive / 9.46 miles away

Camp Murray Washington

24 minute drive / 11.22 miles away

Shopping Centers

817 Division Retail

817 Division Ave
1 minute drive / 0.17 miles away

Stadium Center

633 Division Ave
1 minute drive / 0.26 miles away

Art Lofts on Market

730 Market St
1 minute drive / 0.44 miles away

Pennington Apartments has 5 shopping centers within 0.6 miles.

Transit Stations

South 25th-Tacoma Link

4 minute drive / 1.62 miles away

Tacoma Dome Station-Tacoma Link

431 E 25th St
5 minute drive / 1.76 miles away

Tacoma Dome Station-Sounder South Line

431 E 25th St
5 minute drive / 1.76 miles away

Nearby Neighborhoods

Theatre District

Studio to 4 Bedroom Apartments from $612
View Rentals

Hilltop

Studio to 4 Bedroom Apartments from $612
View Rentals

Central

Studio to 4 Bedroom Apartments from $612
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Tacoma Studio Apartments $1,351$612$2,810
Tacoma 1 Bedroom Apartments $1,639$495$3,881
Tacoma 2 Bedroom Apartments $2,001$735$5,789
Tacoma 3 Bedroom Apartments $2,661$1,000$10,000+
Tacoma 4 Bedroom Apartments $4,696$2,088$10,000+

Browse Top Apartments in Tacoma

Viewing: Pennington Apartments | Desktop Version | Listing Updated: 05/29/2026 | AHLGLD