Cheap Apartments for Rent in the Madison Park Neighborhood of Seattle, WA from $600 (385 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison Park area of Seattle.

property at 5015 17th Ave NE

$700 - $11,950

1 To 15 Bedroom Rentals

Available Now

5015 17th Ave NE

SeattleWA98105

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The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

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Madison Park, Seattle, WA Local Guide

Cheapest Available Madison Park Apartments for Rent

 

The cheapest available apartment rental in the Madison Park area of Seattle, WA is a Studio unit found at Sun Property priced from $651. Alcove Spring Park - Modern Cozy Studio Apartments in First Hill has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Madison Park apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sun PropertyFurnished dorm roomStudio,$651
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$699
422 11th Ave - Amazing Studios!Studio ConcreteStudio,1BA$735
Sun lightMicro Studio STUDENT ONLYStudio,1BA$745
Hudson House0BR/0.5BAStudio,$750
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
Husky Court Apartments0BR/1.0BAStudio,1BA$849

Best Value Apartments for Rent in Madison Park, WA

As of January 04, 2026 the best value apartment in the Madison Park area is the $0.58 price per square foot Pod Second Floor Model at 4538 18th Ave NE in the in the University District neighborhood starting from $875. The second greatest value Madison Park apartment is the 4-Bedroom/3-Bathroom Apartments Model at A&T Investments starting at $2,620 with a $2.18 price per square foot in the University District neighborhood. Here is today’s list of the best values for Madison Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.58
A&T Investments4-Bedroom/3-Bathroom Apartments4BR,3BA$2.18
The M Seattle4 Bedroom B4BR,2BA$1.52
2239 Yale Ave E, Unit 1022239 Yale Ave E1BR,1BA$2.02
The Frederick Apartments2BR/1.0BA2BR,1BA$2.06
Arbora Court2 Bedroom - 60% AMI2BR,1BA$2.12
Larson BuildingStudioStudio ,1BA$2.21
PorterSTUDIOStudio ,1BA$2.11
Elizabeth James House1B1BR,1BA$2.08
Abbey Park Apartments1 Bedroom1BR,1BA$2.15

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

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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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Quick 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 Lifestyle
Madison Park, Seattle, WA

Ranked #13

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is proud to bring you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Seattle, Washington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, family-friendliness, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Madison Park Apartments

What is a cheap apartment in Madison Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison Park is under $849.

What is the price of a cheap apartment in Madison Park?

The cheapest apartment in Madison Park is Holiday Apartments which is listed at $883, while the average apartment in Madison Park costs $2,937.

What types of apartments are the cheapest in Madison Park?

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 279 regular apartments in Madison Park 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 Madison Park?

Cheap apartments in Madison Park have an average cost of $1,080 which is $1,857 cheaper than the average rent for all rentals in Madison Park.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Seattle, WA

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!