Cheap Apartments for Rent in the Madison Park Neighborhood of Seattle, WA from $600 (373 Rentals)

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

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

Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.

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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 Amherst Micro Studios priced from $795. Madison 2.0 Studios in Capitol Hill! has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Madison Park apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Apex6x2 R6BR,2BA$799
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$832
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$849
2371 Franklin Apartments in EastlakeStudioStudio,1BA$850
4538 18th Ave NEPod Second Floor6BR,1BA$875
Hudson House0BR/0.5BAStudio,$899

Best Value Apartments for Rent in Madison Park, WA

As of May 30, 2026 the best value apartment in the Madison Park area is the $0.63 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 2.25 Bath Model at Goss Apartments starting at $1,725 with a $1.60 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$0.63
Goss Apartments4 Bedroom 2.25 Bath4BR,2.25BA$1.60
704 19th Avenue704 19th Avenue2BR,1BA$2.20
Nolan4 x 2 Terrace4BR,2BA$1.39
Lakeview Apartments2 Bedroom2BR,1BA$2.19
Pacific Sunrise3x1.5 RF3BR,1.5BA$1.54
Nordheim Court UW Student Apartments2-Bedroom Renovated2BR,1BA$2.14
Austin Apartments1BR/1.0BA1BR,1BA$2.30
John Wallace Apartments1021BR,1BA$2.25
Madison 2.0 Studios in Capitol Hill!0BR/1.0BAStudio ,1BA$2.08

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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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 #15

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 the Cheapest Studio apartment in Madison Park?

Currently the most affordable Cheap Studio Apartment in Madison Park is at Amherst Micro Studios listed at $795.

How much is rent for a Cheap One Bedroom Madison Park Apartment?

The lowest price for a Cheap One Bedroom Madison Park Apartment is $1,150 at Olive Terrace Apartments.

What is the lowest price for a Cheap Two Bedroom Madison Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Madison Park is starting from $1,099 at Theory U District.

What is the most affordable Madison Park Three Bedroom Apartment?

The best deal on a cheap Madison Park Three Bedroom Apartment rental is at Campus View I and starts from $900.

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

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Picking the Perfect Seattle Neighborhood for College Life

Written by: Sharon Stallings

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

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

Articles, How-To's, and Tips

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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.

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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.