Cheap Apartments for Rent in Renton, WA from $700 (144 Rentals)

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Search the lowest-cost Apartments available for rent right now in Renton.

property at 459 Index Ave NE

$700

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$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

459 Index Ave NE

RentonWA98056
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Houser Terrace
Rent Specials
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
1 Bedroom Apartments Available Now

Houser Terrace

3151 NE 16th StRenton, WA 98056
Senior Living
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  • Low Income

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.

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Parker Landing
Rent Specials
$1,503 - $2,499
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$1,503 - $2,499
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1 to 3 Bedroom Apartments Available Now

Parker Landing

4600 Davis Ave SRenton, WA 98055
Corporate Housing
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  • 3D Tour

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.

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The Berkshire
Rent Specials
$1,573 - $2,339
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$1,573 - $2,339
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1 to 2 Bedroom Apartments Available Jun 18

The Berkshire

1300 Eagle Ridge Dr SRenton, WA 98055
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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Westview Village
Rent Specials
$1,740 - $2,638
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$1,740 - $2,638
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1 to 3 Bedroom Apartments Available Now

Westview Village

17735 105Th Pl SERenton, WA 98055
Pet Friendly
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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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The Becket
Rent Specials
$1,754 - $3,230
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$1,754 - $3,230
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1 to 3 Bedroom Apartments Available Now

The Becket

17333 121st Ln SERenton, WA 98058
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Alaire Apartment Homes
Rent Specials
$1,777 - $3,251
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$1,777 - $3,251
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1 to 3 Bedroom Apartments Available Now

Alaire Apartment Homes

510 Stevens Ave SWRenton, WA 98057
Active Lifestyle
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Renton, WA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Renton, WA

Pricing Updated: 06/12/2026

Current apartment rentals in the Renton, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Renton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Highbury Park$2,955$1,050177
East Renton Highlands$5,984$1,39979
Maplewood$5,984$1,210238

Cheapest Available Renton Apartments for Rent

 

The cheapest available apartment rental in Renton, WA is a 1 Bed unit found at Houser Terrace in the Highlands Park neighborhood priced from $1,050. Summerwalk Villa in the Carriage Wood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Renton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Houser Terrace1 Bed, 1 bath1BR,1BA$1,050
Summerwalk Villa1 Bedroom - 3rd Floor w/ Fireplace1BR,1BA$1,100
Riviera ApartmentsStudio Layout 1Studio,1BA$1,145
Divine Suites at Downtown Renton0BR/1.0BAStudio,1BA$1,295
Cambridge Park VillaSpruce1BR,1BA$1,329
Tukwila Village Senior Living Apartments1 Bdrm 1 Bath1BR,1BA$1,350
Kentwood Apartments1x2C2BR,1BA$1,360
Hill Crest Apartments1 bed 1 bath small1BR,1BA$1,370
The Mauna Kea Apartments (Age-Restricted/55+)Standard 2 Bedroom2BR,1BA$1,380

Best Value Apartments for Rent in Renton, WA

As of June 13, 2026 the best value apartment in the Renton area is the $1.52 price per square foot 4BR/3.5BA Model at Cabiao Townhomes in the in the Carriage Wood neighborhood starting from $2,995. The second greatest value Renton apartment is the 400 Taylor Ave NW Model at 400 Taylor Ave NW starting at $1,995 with a $2.00 price per square foot in the Kennydale neighborhood. Here is today’s list of the best values for Renton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cabiao Townhomes4BR/3.5BA4BR,3.5BA$1.52
400 Taylor Ave NW400 Taylor Ave NW2BR,1.5BA$2.00
The ArdenportTwo Bedroom, Two Bathroom2BR,2BA$2.07
Avaya at Town Center1 Bed 1 Bath1BR,1BA$1.82
Indigo SpringsCerulean Waters1BR,1BA$1.81
Sunset ViewA11BR,1BA$1.99
Cottage Woods1x1 Lower1BR,1BA$2.07
Stonebrook1 Bedroom, 1 Bath1BR,1BA$2.05
Park Hill1 Bed 1 Bath E1BR,1BA$1.97
Tukwila Village Senior Living Apartments1 Bdrm 1 Bath1BR,1BA$2.01

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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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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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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Renton Overview

Located on the shores of the mighty Lake Washington and a mere ten miles from the national hub of Seattle, Renton is a wonderful destination that combines the rural life Washington state is known for with the ease of access to large city amenities. Truly the best of both worlds, this charming haven is a gem of the great northwest.

Why live in Renton, WA?

With its easy access to the larger job market of Seattle, Renton apartments boast the charming ambiance of a smaller hamlet all the while offering the amenities and opportunities of a much bigger city. Game enthusiasts will undoubtedly know the city as ground zero for the company Wizards of the Coast, and nature fans will find much to celebrate with Renton's assortment of wooded walking and biking trails.

Best Local Schools in
Renton, WA

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

Explore Renton, WA Rentals by Map

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See the most popular apartments and homes in Renton, WA

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Frequently Asked Questions about Cheap Renton Apartments

What is a cheap apartment in Renton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Renton is under $1,380.

What is the price of a cheap apartment in Renton?

The cheapest apartment in Renton is Houser Terrace which is listed at $1,050, while the average apartment in Renton costs $4,974.

What types of apartments are the cheapest in Renton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 107 regular apartments in Renton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Renton?

Cheap apartments in Renton have an average cost of $263 which is $4,711 cheaper than the average rent for all rentals in Renton.

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.

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