Cheap Apartments for Rent in the Madrona Neighborhood of Federal Way, WA from $900 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madrona area of Federal Way.

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Terra
Studio to 2 Bedroom Apartments

Terra

2111 SW 352nd StFederal Way, WA 98023
Showing Results 1-11, Page 1 of 1

Madrona, Federal Way, WA Local Guide

Cheapest Available Madrona Apartments for Rent

 

The cheapest available apartment rental in the Madrona area of Federal Way, WA is a 1 Bed unit found at Meridian Court Senior Affordable Apartments priced from $1,099. Cove East has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,285. Here are the most affordable Madrona apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Meridian Court Senior Affordable ApartmentsA061BR,1BA$1,099
Cove EastOak2BR,1BA$1,285
Terra1x11BR,1BA$1,352
Traditions at Federal Way Senior Living1x11BR,1BA$1,419
Park 16Hummingbird1BR,1BA$1,441

Best Value Apartments for Rent in Madrona, WA

As of October 19, 2025 the best value apartment in the Madrona area is the $2.08 price per square foot 2x1 Model at Terra in the in the Alderbrook neighborhood starting from $1,750. The second greatest value Madrona apartment is the 2BR/1.0BA Model at Cedar Gardens Apartments starting at $1,700 with a $2.04 price per square foot in the Alderbrook 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.
Terra2x12BR,1BA$2.08
Cedar Gardens Apartments2BR/1.0BA2BR,1BA$2.04
Glen Park At West CampusA21BR,1BA$1.87
Kitts CornerAthens1BR,1BA$1.93
One and Two Bedroom Apartment Homes in Fed...2BR/1.0BA2BR,1BA$2.00
Uptown SquareBolden1BR,1BA$1.95
Cove EastOak2BR,1BA$1.61
Campus View1L1BR,1BA$2.07
Pacific Heights254 1X1 M1BR,1BA$2.03
Panther Lake ApartmentsOne Bedroom Loft1BR,1BA$2.14

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Pet Friendly Lifestyle
Madrona, Federal Way, WA

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Washington and customized analysis for Central Federal Way. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Madrona Apartments

How much is rent for a Cheap One Bedroom Madrona Apartment?

The lowest price for a Cheap One Bedroom Madrona Apartment is $1,099 at Meridian Court Senior Affordable Apartments.

What is the lowest price for a Cheap Two Bedroom Madrona Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madrona is starting from $1,285 at Cove East.

What is the most affordable Madrona Three Bedroom Apartment?

The best deal on a cheap Madrona Three Bedroom Apartment rental is at Park 16 and starts from $1,970.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.