Cheap Apartments for Rent in the Madrona Neighborhood of Seattle, WA from $600 (400 Rentals)

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

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Pratt Park
Rent Specials
$1,279 - $3,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,279 - $3,125
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Pratt Park

1800 S Jackson StSeattle, WA 98144
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Madrona, Seattle, WA Local Guide

Cheapest Available Madrona Apartments for Rent

 

The cheapest available apartment rental in the Madrona area of Seattle, WA is a Studio unit found at Alps Hotel priced from $600. Milwaukee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Madrona apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$600
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio Basement - MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$832
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$835
Sorento FlatsStudioStudio,1BA$849

Best Value Apartments for Rent in Madrona, WA

As of May 18, 2026 the best value apartment in the Madrona area is the $2.28 price per square foot 2X2 Model at Terrace View in the in the Downtown Seattle neighborhood starting from $2,399. The second greatest value Madrona apartment is the 704 19th Avenue Model at 704 19th Avenue starting at $2,200 with a $2.20 price per square foot in the Westlake neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace View2X22BR,2BA$2.28
704 19th Avenue704 19th Avenue2BR,1BA$2.20
Victorian Row Apartments2 bed2BR,1BA$1.64
Austin Apartments1BR/1.0BA1BR,1BA$2.30
John Wallace Apartments1021BR,1BA$2.25
Uncle Bob's PlaceStudioStudio ,1BA$2.12
An LacStudioStudio ,1BA$2.11
Capitol Building Apartments0BR/1.0BAStudio ,1BA$2.17
Louisa HotelStudio ApartmentsStudio ,1BA$2.15
Madison 2.0 Studios in Capitol Hill!0BR/1.0BAStudio ,1BA$2.08

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

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Picking the Perfect Seattle Neighborhood for College Life

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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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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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Best Local Schools in
Madrona, Seattle, WA

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Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Washington and customized analysis for Seattle, Washington. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Madrona Apartments

What is a cheap apartment in Madrona?

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

What is the price of a cheap apartment in Madrona?

The cheapest apartment in Madrona is Milwaukee Apartments which is listed at $735, while the average apartment in Madrona costs $4,857.

What types of apartments are the cheapest in Madrona?

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 204 regular apartments in Madrona 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 Madrona?

Cheap apartments in Madrona have an average cost of $620 which is $4,237 cheaper than the average rent for all rentals in Madrona.

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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