
Cheap Homes for Rent in Madison Park Neighborhood of Seattle, WA from $600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Park area of Seattle.


1103 Martin Luther King Jr Way

2808 E Spring St

4544 20th Ave NE

4215 9th Ave NE, Unit 102

1305 NE 45th St, Unit A

1305 NE 45th St, Unit E
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.

Total Monthly Price
5001 Brooklyn Ave NE, Unit SI FL3-ID917

Total Monthly Price
750 11th Ave E, Unit SI FL1-ID854

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213 17th Ave E, Unit SI FL2-ID683

1323 Boren Ave

4235 Brooklyn Ave NE

Total Monthly Price
4760 21st Ave NE, Unit SI FL3-ID861

2403 Boylston Ave E
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1620 Belmont Ave, Unit 529

535 20th Ave E

1323 Boren Ave

115 Bellevue Ave E

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2301 E Union St, Unit SI FL5-ID740

129 27th Ave E, Unit 127 27th Ave E Seattle, WA 98112

1410 E Pine St
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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.

2608 E Valley St
Madison Park, Seattle, WA Local Guide

How much does it cost to rent a home in Madison Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Park 2 Bedroom Homes for Rent | $3,295 | $2,195 | $4,500 |
| Madison Park 3 Bedroom Homes for Rent | $5,712 | $2,450 | $10,000+ |
| Madison Park 4 Bedroom Homes for Rent | $5,474 | $3,800 | $6,495 |
| Madison Park 6 Bedroom Homes for Rent | $6,450 | $6,300 | $6,600 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Madison Park Neighborhood of Seattle, WA.
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Madison Park, Seattle, WA Local Guide
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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 Towne Apartments priced from $780. Amherst Micro Studios 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Towne Apartments | Efficiency Studio | Studio,1BA | $780 |
| Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
| Madison 2.0 Apartments | MFTE- Income Specific Units | Studio,1BA | $795 |
| Husky Court Apartments | HC NEW 795 price start | Studio,1BA | $795 |
| 2371 Franklin | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in Madison Park, WA
As of July 05, 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 x 2 Terrace Model at Nolan starting at $1,320 with a $1.40 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4538 18th Ave NE | Pod Second Floor | 6BR,1.5BA | $0.63 |
| Nolan | 4 x 2 Terrace | 4BR,2BA | $1.40 |
| The M Seattle | 4 Bedroom C | 4BR,2BA | $1.64 |
| Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.19 |
| Pacific Sunrise | 3x1.5 RF | 3BR,1.5BA | $1.54 |
| Minor Tower | 1 Bed / 1 Bath | 1BR,1BA | $2.20 |
| Nordheim Court UW Student Apartments | 2-Bedroom Renovated | 2BR,1BA | $2.14 |
| Mercer Court Apartments | 1 Bedroom - 60% AMI | 1BR,1BA | $2.29 |
| Madison Court | 0BR/1.0BA | Studio ,1BA | $2.28 |
| 2315 E Ward St, Unit C | 2315 E Ward St | 1BR,1BA | $0.10 |
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 ArticleSeattle 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.
Read ArticlePicking 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
Read ArticleReal 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.
Pet Friendly LifestyleMadison Park, Seattle, WA
Ranked #15
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Madison Park
What type of rentals are currently available in Madison Park?
There are currently 1559 Apartments for Rent in Madison Park, WA with pricing that ranges from $695 to $16,559. There are also 147 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Park ranging from $640 to $24,890.
What is the current price range for Rental Homes in Madison Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Park ranges from $640 to $24,890 with an average monthly rent of $4,051.
How much are larger Three and Four Bedroom Rentals in Madison Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Park range from $900 to $8,002, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $24,890. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $1,099.
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

The 10 Best Affordable Neighborhoods in Seattle, WA
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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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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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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.