6215 28th St NE
TacomaWA98422
Cheap Homes for Rent in Madrona Neighborhood of Federal Way, WA from $2,600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Madrona area of Federal Way.
3510 55th Ave NE
TacomaWA98422
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.
2401 66th Ave NE
TacomaWA98422
1402 SW 349th St
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.
Showing Results 1-4, Page 1 of 1
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 2 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
| Madrona 3 Bedroom Homes for Rent | $3,099 | $3,099 | $3,099 |
| Madrona 4 Bedroom Homes for Rent | $3,626 | $3,075 | $5,325 |
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
- Nearby Federal Way neighborhoods
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Best Value Apartments for Rent in Madrona, WA
As of June 12, 2026 the best value apartment in the Madrona area is the $1.83 price per square foot London Model at Kitts Corner in the in the West Campus neighborhood starting from $2,502. The second greatest value Madrona apartment is the C1 Model at Glen Park At West Campus starting at $2,524 with a $1.95 price per square foot in the West Campus 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 | London | 4BR,2BA | $1.83 |
| Glen Park At West Campus | C1 | 3BR,2.5BA | $1.95 |
| Park at Dashpoint Apartments | Mahogany 3x2 | 3BR,2BA | $1.66 |
| Crosspointe | Three Bedroom Two Bath | 3BR,2BA | $2.01 |
| Uptown Square | Armstrong | 1BR,1BA | $1.85 |
| Sunset Three Twenty | B1: 2 Bed 1 Bath | 2BR,1BA | $2.11 |
| Maplewood | 2B 1B | 2BR,1BA | $2.01 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.16 |
| Campus View | 1L | 1BR,1BA | $2.07 |
| Pacific Heights | 254 1X1 B | 1BR,1BA | $2.03 |
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 Article
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.
Read ArticleQuick 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 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 43 Apartments for Rent in Madrona, WA with pricing that ranges from $960 to $3,379. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $2,650 to $5,325.
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 $2,650 to $5,325 with an average monthly rent of $3,125.
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 $3,379, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,099 to $3,099. Four Bedroom Single-Family rentals are also available starting from $3,075 and Four Bedroom Apartments start at $2,302.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.