Cheap Homes for Rent in Madrona Neighborhood of Seattle, WA from $1,400 (19 Rentals)

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

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 506 E Howell St

506 E Howell St

SeattleWA98122

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $675. Sorento Flats has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Madrona apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsMicro StudioStudio,1BA$675
Sorento FlatsLOW MOVE IN COSTS!!! UNITS $1000 AND BELOW!!!Studio,1BA$750
Madkin ApartmentsSROStudio,1BA$750
Bryant Manor Phase I1 Bed 1 Bath C1BR,1BA$782
Lincoln CourtSStudio,1BA$790

Best Value Apartments for Rent in Madrona, WA

As of June 02, 2025 the best value apartment in the Madrona area is the $2.00 price per square foot 2017 34th Ave S Model at 2017 34th Ave S, Unit Basement in the in the Mercer Heights neighborhood starting from $2,200. The second greatest value Madrona apartment is the 2x1 Model at Roycroft Apartments starting at $2,100 with a $2.10 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.
2017 34th Ave S, Unit Basement2017 34th Ave S1BR,1BA$2.00
Roycroft Apartments2x12BR,1BA$2.10
Alderview - 300 11th Ave1BR/1.0BA1BR,1BA$2.18
Beacon ViewOne Bedroom - Extra Large1BR,1BA$2.18
Charming 1-Bedroom in Capitol Hill – Flexi...1 Bed | 1 Bath1BR,1BA$2.00
Washington Terrace Senior Affordable ApartmentsA071BR,1BA$2.22
Uncle Bob's PlaceStudioStudio ,1BA$2.15
Elizabeth James House1BA1BR,1BA$1.98
Bryant Manor Phase I1 Bed 1 Bath C1BR,1BA$1.48
BernevaSStudio ,1BA$1.96

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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Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 1594 Apartments for Rent in Madrona, WA with pricing that ranges from $715 to $10,000. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,550 to $6,500.

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 $1,550 to $6,500 with an average monthly rent of $3,857.

How much are larger Three and Four Bedroom Rentals in Madrona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madrona range from $1,115 to $9,090, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,850 and Four Bedroom Apartments start at $1,239.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.