Cheap Homes for Rent in Port Townsend, WA from $1,200 (16 Rentals)

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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.

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.

Port Townsend, WA Local Guide

Cheapest Available Port Townsend Apartments for Rent and Nearby

 

The cheapest available apartment rental in Port Townsend, WA is a 1 Bed unit found at Bishop Park Apartments priced from $890. Nor'West Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $941. Here is today’s list of the most affordable Port Townsend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bishop Park Apartments1 Bedroom 1 Bath1BR,1BA$890
Nor'West Village2 Bedroom 1 Bath2BR,1BA$941
Taylor Place & Elliott LoftsStudio, 1 bathStudio,1BA$1,345
Greens of Merrill Creek2 Bedroom2BR,2BA$1,511
The Elliot at MukilteoThe Schooner1BR,1BA$1,569

Best Value Apartments for Rent in Port Townsend, WA and Nearby

As of May 08, 2026 the best value apartment in the Port Townsend area is the $2.12 price per square foot 3 Bedrooms Model at Liberty Ridge in the in the Stendahl Ridge neighborhood starting from $2,652. The second greatest value Port Townsend apartment is the 3 Bed, 2 Bath 60% Model at Villas at Lakewood starting at $2,330 with a $2.10 price per square foot in the Edgecomb neighborhood. Here is today’s list of the best values for Port Townsend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Liberty Ridge3 Bedrooms3BR,2BA$2.12
Villas at Lakewood3 Bed, 2 Bath 60%3BR,2BA$2.10
COURTYARD APTS-MUKILTEOTwo Bedroom and Two Bath2BR,2BA$1.86
Nor'West Village2 Bedroom 1 Bath2BR,1BA$0.98
Winton Woods2 Bed, 1 Bath2BR,1BA$2.15
Hillsider 50 Apartments257 2X1 T2BR,1BA$1.97
Scandia Knolls2X12BR,1BA$2.24
Arise at Arlington2BR/1.0BA2BR,1BA$2.16
Greens of Merrill Creek1 Bedroom1BR,1BA$2.09
Bishop Park Apartments1 Bedroom 1 Bath1BR,1BA$1.62

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Port Townsend

What type of rentals are currently available in Port Townsend?

There are currently 57 Apartments for Rent in Port Townsend, WA with pricing that ranges from $991 to $5,270. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Port Townsend ranging from $1,200 to $10,000.

What is the current price range for Rental Homes in Port Townsend?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Port Townsend ranges from $1,200 to $10,000 with an average monthly rent of $4,069.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.