Cheap Homes for Rent in Madrona Neighborhood of Edmonds, WA from $1,200 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Madrona area of Edmonds.

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.

Madrona, Edmonds, WA Local Guide

Cheapest Available Madrona Apartments for Rent

 

The cheapest available apartment rental in the Madrona area of Seattle, WA is a 1 Bed unit found at Octavia priced from $1,295. Compass Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Madrona apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
OctaviaVV-One Bedroom1BR,1BA$1,295
Compass ApartmentsThe Waldron, The Decatur and The Sucia1BR,1BA$1,400
The ArtisteHarmonyStudio,1BA$1,489
Hazel ApartmentsPlumeria1BR,1BA$1,495
Park Edmonds Apartment HomesStudioStudio,1BA$1,515

Best Value Apartments for Rent in Madrona, WA

As of April 28, 2026 the best value apartment in the Madrona area is the $2.14 price per square foot 752 N 195th St Model at 752 N 195th St, Unit Carriage House in the in the Firdale neighborhood starting from $2,100. The second greatest value Madrona apartment is the One Bed One Bath Model at EDMONDS HIGHLANDS starting at $1,646 with a $2.29 price per square foot in the Downtown Edmonds neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
752 N 195th St, Unit Carriage House752 N 195th St1BR,1BA$2.14
EDMONDS HIGHLANDSOne Bed One Bath1BR,1BA$2.29
Pacific Park Apartment HomesOne Bedroom1BR,1BA$2.45
OctaviaVE-One Bedroom1BR,1BA$2.29
Brackett Apartments1 Bed 1 Bath A1BR,1BA$3.74
Park Edmonds Apartment HomesStudioStudio ,1BA$2.96
Compass ApartmentsThe Matia1BR,1BA$2.93
Hazel ApartmentsFlamingoStudio ,1BA$3.20
The ArtisteHarmonyStudio ,1BA$3.52
The Village at WestgateA1 - Studio - 420 sqft - NatureStudio ,1BA$4.04

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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Pet Friendly Lifestyle
Madrona, Edmonds, WA

Ranked #17

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 67 Apartments for Rent in Madrona, WA with pricing that ranges from $1,295 to $2,788. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,250 to $3,590.

What is the current price range for Rental Homes in Madrona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madrona ranges from $1,250 to $3,590 with an average monthly rent of $2,588.

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.

Helpful Local Expert Guides

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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

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