2811 SW 337th St
Federal WayWA98023
Cheap Homes for Rent in the Madrona Neighborhood of Federal Way, WA from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Madrona area of Federal Way.
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
2811 SW 337th St
Federal WayWA98023
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2811 SW 337th St
Federal WayWA98023
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Madrona, Federal Way, WA Local Guide
How much does it cost to rent a home in Madrona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrona 3 Bedroom Homes for Rent | $3,035 | $3,035 | $3,035 |
| Madrona 4 Bedroom Homes for Rent | $3,272 | $3,145 | $3,399 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Madrona Neighborhood of Federal Way, WA.
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Madrona, Federal Way, WA Local Guide
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Best Value Apartments for Rent in Madrona, WA
As of July 27, 2026 the best value apartment in the Madrona area is the $1.81 price per square foot Barcelona Model at Kitts Corner in the in the West Campus neighborhood starting from $2,017. The second greatest value Madrona apartment is the Magnolia 3x2 Model at Park at Dashpoint Apartments starting at $2,188 with a $1.99 price per square foot in the Twin Lakes neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kitts Corner | Barcelona | 2BR,2BA | $1.81 |
| Park at Dashpoint Apartments | Magnolia 3x2 | 3BR,2BA | $1.99 |
| Campus View | TH1 | 2BR,1.5BA | $1.81 |
| Sunset Three Twenty | B2: 2 Bed 2 Bath | 2BR,2BA | $1.88 |
| Crosspointe | Two Bedroom One Bath | 2BR,1BA | $1.99 |
| Uptown Square | Armstrong | 1BR,1BA | $1.83 |
| Rai Apartments | 2x1 | 2BR,1BA | $2.02 |
| The Norpoint 8 Apartments | 2BR/1.0BA | 2BR,1BA | $2.06 |
| Pacific Heights | 254 1X1 T | 1BR,1BA | $2.03 |
| Terra | 1x1 | 1BR,1BA | $1.86 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleMadrona, Federal Way, WA
Ranked #3
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Madrona
What type of rentals are currently available in Madrona?
There are currently 44 Apartments for Rent in Madrona, WA with pricing that ranges from $960 to $3,350. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,000 to $3,399.
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 $1,000 to $3,399 with an average monthly rent of $2,463.
How much are larger Three and Four Bedroom Rentals in Madrona?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madrona range from $1,800 to $3,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,035 to $3,035. Four Bedroom Single-Family rentals are also available starting from $3,145 and Four Bedroom Apartments start at $2,045.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.