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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
  • $1,200-$1,400 Pricing
  • 475–775 Square Feet

About Pennington Apartments

Welcome Home to 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

Office Hours

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

Floorplan Pricing and Availability

Pennington Apartments offers Studio to 1 Bedroom apartments starting from $1,200 and having 475–775 sq ft. Here is the current pricing and availability:

  • Studio

    Studio

    $1,200

    Studio, 1 Bath, 475 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,200Available Now102475
    $1,200Available Now208475
    $1,200Available Now308475

    Model Amenities and Features

    Features

    • Cable Ready
    • Ceiling Fans
    • Handrails
    • Heating
    • Smoke Free
    • Tub/Shower
    • Wheelchair Accessible
    • Wi-Fi
    • Windows

    Kitchen

    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Refrigerator
    • Warming Drawer

    Model Rent and Fees

    Model Price

    • $1,200

    Deposit

    • $700 deposit

    Unit 102 Rent and Fees

    Unit Price

    • $1,200

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,200

    Unit 208 Rent and Fees

    Unit Price

    • $1,200

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,200

    Unit 308 Rent and Fees

    Unit Price

    • $1,200

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,200
  • 1 Bedroom

    Floorplan 1X1

    $1,300

    1 Bed, 1 Bath, 500 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,300Available Now307500

    Model Amenities and Features

    Features

    • Cable Ready
    • Ceiling Fans
    • Handrails
    • Heating
    • Smoke Free
    • Tub/Shower
    • Wheelchair Accessible
    • Wi-Fi
    • Windows

    Kitchen

    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Refrigerator
    • Warming Drawer

    Unit 307 Rent and Fees

    Unit Price

    • $1,300

    Deposit

    • $700 deposit

    Model Rent and Fees

    Price

    • $1,300

    1x1 SM

    1 Bed, 1 Bath, 475 sq ft
    Available Soon

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,200Available Soon1x1 SM475 sq ft$700

    Model Amenities and Features

    Features

    • Cable Ready
    • Ceiling Fans
    • Handrails
    • Heating
    • Smoke Free
    • Tub/Shower
    • Wheelchair Accessible
    • Wi-Fi
    • Windows

    Kitchen

    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Refrigerator
    • Warming Drawer

    Model Rent and Fees

    Model Price

    • $1,200

    Deposit

    • $700 deposit

    1X1L

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

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,400Available Soon1X1L775 sq ft$1,000

    Model Amenities and Features

    Features

    • Cable Ready
    • Ceiling Fans
    • Handrails
    • Heating
    • Smoke Free
    • Tub/Shower
    • Wheelchair Accessible
    • Wi-Fi
    • Windows

    Kitchen

    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Refrigerator
    • Warming Drawer

    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

Request Tour
Call us at: (253) 319-3612 to request a tour.

3D Tours

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.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged Per Applicant.$40.00
Due at Move-In
Administrative FeeiCharged per unit.$0.00

Utilities

Utility - ElectriciResident sets up TCU Account. Charged Per Unit.Usage-Based/mo
Water/Sewer/GarbageiCharged per unit.Usage-Based/mo

Other Fees and Policies

Pet Fees

Cat
Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00
Pet interview, Spayed/Neutered, 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
Pet interview, Spayed/Neutered, 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.

Parking Fees

Garage
Parking FeeiCharged Per Vehicle.$100.00/mo
Comments:

Reserved Spot in Parking Garage.

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

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Online Services
  • Recycling
  • Renters Insurance Program
  • Public Transportation
  • 24 Hour Access
  • Laundry Facilities

Community Features

  • Vintage Building
  • Elevator

Outdoor Features

  • Controlled Access

Interior Features

  • Windows
  • Ceiling Fans
  • Handrails
  • Heating
  • Tub/Shower
  • Cable Ready
  • Wi Fi
  • Wheelchair Accessible
  • Smoke Free

Kitchen Amenities

  • Warming Drawer
  • Freezer
  • Kitchen
  • Refrigerator
  • Oven
  • Microwave

Living Area Features

  • Walk In Closets
  • Crown Molding
  • Dining Room
  • Window Coverings
  • Hardwood Floors
Google Map

Map

702 Martin Luther King Jr Way, Tacoma, WA 98405

Getting Around

  • 80 / 100 Very Walkable

    Most day-to-day needs are within a few minutes' walk

  • 50 / 100 Some public transit

    Transit is available for most trips

  • 60 / 100 Moderately bikeable

    Suitable for bicycle commuting and/or recreation

  • 50 / 100 Fairly car friendly

    Arteries nearby, but traffic congestion and parking problems are possible

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 80 / 100 Cafes

    Wide variety of cafés within a few minutes

  • 90 / 100 Nightlife

    Exceptional variety of bars right within a few minutes

  • 80 / 100 Shopping

    Wide variety of shops within a few minutes

  • 70 / 100 Parks

    Large amount of park space nearby

  • 80 / 100 Noise Level

    Very few sources of noise nearby

Scores provided by Local Logic

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 to 1 Bedroom Apartments at Pennington Apartments currently range from $1,200 to $1,400

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 Value3.4

    The Pennington Apartments Apartments are 20.3% cheaper than the average apartment in the Stadium District area, and 19.05% cheaper than the average apartment city-wide.

    Rent Comparison to the Stadium District Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,200$1,358-$158-11.6%
    1 Bedroom$1,200$1,690-$490-29.0%

    Rent Comparison to the city of Tacoma

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,200$1,335-$135-10.1%
    1 Bedroom$1,200$1,667-$467-28.0%

    Methodology: On 09/04/2026, ApartmentHomeLiving.com compared current rents by floorplan to 420 other apartment communities in the immediate area around Pennington Apartments (Stadium District), and 1248 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 09/04/2026

Learn more about Lifestyle Search

Nearby Schools

Stadium High School

Tacoma School District
111 North E Street
Public School - Grades 9-12 (1755 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 (442 Students)
In Attendance Zone1 minute drive / 0.6 miles away
3/10

Bryant Montessori School

Tacoma School District
717 South Grant Avenue
Public School - Grades PK-5 (350 Students)
In Attendance Zone1 minute drive / 0.4 miles away
4/10
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 $564
View Rentals

Hilltop

Studio to 4 Bedroom Apartments from $1,500
View Rentals

Central

Studio to 4 Bedroom Apartments from $1,000
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Tacoma Studio Apartments $1,335$564$3,000
Tacoma 1 Bedroom Apartments $1,667$612$3,343
Tacoma 2 Bedroom Apartments $2,043$735$5,670
Tacoma 3 Bedroom Apartments $2,513$1,000$8,328
Tacoma 4 Bedroom Apartments $3,398$2,088$5,512

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Viewing: Pennington Apartments | Desktop Version | Listing Updated: 09/03/2026 | AHLGLD