2947 58th Ave NE
TacomaWA98422
Cheap Homes for Rent in Madrona Neighborhood of Federal Way, WA from $2,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Madrona area of Federal Way.
1038 SW 348th Pl
Federal WayWA98023
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.
34706 18th Ave SW
Federal WayWA98023
2739 SW 347th Pl
Federal WayWA98023
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Madrona, Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Madrona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrona 3 Bedroom Homes for Rent | $3,083 | $2,295 | $4,000 |
| Madrona 4 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 October 26, 2025 the best value apartment in the Madrona area is the $1.63 price per square foot Sydney Model at Kitts Corner in the in the West Campus neighborhood starting from $2,671. The second greatest value Madrona apartment is the 254 2X1 T Model at Pacific Heights starting at $1,785 with a $1.88 price per square foot in the Jovita 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 | Sydney | 5BR,3BA | $1.63 |
| Pacific Heights | 254 2X1 T | 2BR,1BA | $1.88 |
| Enchanted Woods | 2x1 Premium | 2BR,1BA | $2.14 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| One and Two Bedroom Apartment Homes in Fed... | 2BR/1.0BA | 2BR,1BA | $2.00 |
| Uptown Square | Bolden | 1BR,1BA | $1.95 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.01 |
| Cove East | Oak | 2BR,1BA | $1.61 |
| Campus View | 1L | 1BR,1BA | $2.07 |
| Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $2.14 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMadrona, Federal Way, WA
Ranked #2
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 40 Apartments for Rent in Madrona, WA with pricing that ranges from $905 to $4,965. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $2,295 to $4,000.
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 $2,295 to $4,000 with an average monthly rent of $3,189.
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 $2,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,295 and Four Bedroom Apartments start at $2,180.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.