Cheap Apartments for Rent in the Madrona Neighborhood of Seattle, WA from $500 (361 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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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 Apartments priced from $580. Luna Mia Co-Living Studios has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Madrona apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsMicro StudioStudio,1BA$580
Luna Mia Co-Living StudiosLease Today and Receive 6 Weeks Free! Classic a...Studio,$699
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
422 11th Ave - Amazing Studios!StudioStudio,1BA$799
Hudson House0BD/0.5BA 171 sq ftStudio,$799
Alcove First HillStudio LVT - MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
Modern Cozy Studio Apartments in First HillStudioStudio,1BA$825
Amherst Micro StudiosMicro StudioStudio,1BA$825
Holiday Apartments1B1BR,1BA$883

Best Value Apartments for Rent in Madrona, WA

As of November 07, 2025 the best value apartment in the Madrona area is the $2.21 price per square foot 711 Summit Ave E Model at 711 Summit Ave E, Unit C in the in the Capitol Hill neighborhood starting from $2,275. The second greatest value Madrona apartment is the 2BR/1.0BA Model at Kelo starting at $1,950 with a $2.29 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.
711 Summit Ave E, Unit C711 Summit Ave E2BR,1BA$2.21
Kelo2BR/1.0BA2BR,1BA$2.29
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Red Lion1 Bed1BR,1BA$2.30
The Winston1x11BR,1BA$2.19
Star ApartmentsStar 1 Bed 1 Bath + Den1BR,1BA$2.31
Triad Apartments1BR/1.0BA1BR,1BA$1.98
Clairemont Apartments1x11BR,1BA$2.15
Uncle Bob's PlaceStudioStudio ,1BA$2.12
Elizabeth James House1B1BR,1BA$2.08

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Pet Friendly Lifestyle
Madrona, Seattle, WA

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Madrona Neighborhood in Seattle, WA

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $883.

What is the price of a cheap apartment in Madrona?

The cheapest apartment in Madrona is Alps Apartments which is listed at $825, while the average apartment in Madrona costs $7,427.

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 177 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 $365 which is $7,062 cheaper than the average rent for all rentals in Madrona.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Apartment Common Area Rules: What Renters Need to Know

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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

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Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.