Cheap Apartments for Rent in the Madrona Neighborhood of Seattle, WA from $600 (391 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madrona 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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900 Rainier
Rent Specials
$1,056 - $3,292
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Total Monthly Price

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$1,056 - $3,292
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Studio to 2 Bedroom Apartments Available Now

900 Rainier

900 Rainier Ave SSeattle, WA 98144
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An Lac
$1,100 - $1,500
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$1,100 - $1,500
Total Monthly Price
$1,100 - $1,500
Studio to 2 Bedroom Apartments Available Now

An Lac

1253 S Jackson StSeattle, WA 98144
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  • Low Income
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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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Beacon View
Rent Specials
$1,202 - $2,252
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$1,202 - $2,252
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Studio to 2 Bedroom Apartments Available Now

Beacon View

1701 12th Ave SSeattle, WA 98144
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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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BEAM
Rent Specials
$1,362 - $4,570
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$1,362 - $4,570
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Studio to 2 Bedroom Apartments Available Now

BEAM

1029 S Jackson StSeattle, WA 98104
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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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property at 121 13th Ave E

$1,400 - $1,600

Studio To 1 Bedroom Rentals

Available Now

121 13th Ave E

SeattleWA98102

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $610. Milwaukee Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Madrona apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Milwaukee Apartments1 Bed 1 Bath1BR,1BA$735
Towne ApartmentsEfficiency StudioStudio,1BA$780
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 ApartmentsMFTE- Income Specific UnitsStudio,1BA$795
Sorento FlatsStudioStudio,1BA$799
Alcove First HillStudio BasementStudio,1BA$799
2371 FranklinStudioStudio,1BA$799
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$799

Best Value Apartments for Rent in Madrona, WA

As of July 03, 2026 the best value apartment in the Madrona area is the $1.64 price per square foot 2 bed Model at Victorian Row Apartments in the in the Downtown Seattle neighborhood starting from $1,600. The second greatest value Madrona apartment is the 2 Bedroom Model at Lakeview Apartments starting at $1,975 with a $2.19 price per square foot in the Capitol Hill 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.
Victorian Row Apartments2 bed2BR,1BA$1.64
Lakeview Apartments2 Bedroom2BR,1BA$2.19
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$1.16
Washington Terrace Senior Affordable ApartmentsB12BR,1BA$2.15
Cherry Street Apartments1 BR/ 1 BA1BR,1BA$2.31
Mercer Court Apartments1 Bedroom - 60% AMI1BR,1BA$2.29
An LacOne Bedroom Large1BR,1BA$2.09
Uncle Bob's PlaceStudioStudio ,1BA$2.12
Thai Binh ApartmentsStudioStudio ,1BA$2.15
Madison Court0BR/1.0BAStudio ,1BA$2.28

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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Best Local Schools in
Madrona, Seattle, WA

School data provided by Great Schools

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 $799.

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 $4,592.

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 135 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 $490 which is $4,102 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.

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

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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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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.