Cheap Homes for Rent in Madrona Neighborhood of Seattle, WA from $600 (41 Rentals)

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Search the lowest-cost Homes 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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property at 219 23rd Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

219 23rd Ave

SeattleWA98122

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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property at 108 5th Ave S

$1,750 - $2,600

1 To 2 Bedroom Rentals

Available Now

108 5th Ave S

SeattleWA98104

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 730 26th Ave S

$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

730 26th Ave S

SeattleWA98144
Showing Results 1-41, Page 1 of 1

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
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$750
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Sorento FlatsStudioStudio,1BA$799
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio Basement - MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
Soleil ApartmentsSTUDIO 2Studio,1BA$825

Best Value Apartments for Rent in Madrona, WA

As of April 27, 2026 the best value apartment in the Madrona area is the $2.04 price per square foot 2BR/1.0BA Model at Madison Court in the in the Capitol Hill neighborhood starting from $2,195. The second greatest value Madrona apartment is the 2X2 Model at Terrace View starting at $2,349 with a $2.24 price per square foot in the Downtown Seattle 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.
Madison Court2BR/1.0BA2BR,1BA$2.04
Terrace View2X22BR,2BA$2.24
Pacific Ridge1BR/1.0BA1BR,1BA$2.06
Triad Apartments1BR/1.0BA1BR,1BA$2.15
Portico on Terrace Apartments1BR/1.0BA1BR,1BA$2.30
Berneva1B1BR,1BA$2.09
Uncle Bob's PlaceStudioStudio ,1BA$2.12
An LacStudioStudio ,1BA$2.11
Louisa HotelStudio ApartmentsStudio ,1BA$2.15
Madison 2.0 Studios in Capitol Hill!0BR/1.0BAStudio ,1BA$2.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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

Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 1571 Apartments for Rent in Madrona, WA with pricing that ranges from $600 to $16,015. There are also 179 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $645 to $5,000.

What is the current price range for Rental Homes in Madrona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madrona ranges from $645 to $5,000 with an average monthly rent of $2,831.

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.

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

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.

decorative image for Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City article

Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

Written by: Sharon Stallings

Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

Articles, How-To's, and Tips

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.