Cheap Apartments for Rent in the SoDo Neighborhood of Seattle, WA from $500 (185 Rentals)

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Search the lowest-cost Apartments available for rent right now in the SoDo 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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An Lac
$1,100 - $1,500
Total Monthly Price

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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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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 2215 E Marion St

$1,100

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Total Monthly Price

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$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

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2215 E Marion St

SeattleWA98122
property at 829 23rd Ave

$1,100

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Total Monthly Price

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$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

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829 23rd Ave, Unit Studio

829 23rd Ave
SeattleWA98122
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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
$1,293 - $3,573
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$1,293 - $3,573
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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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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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SoDo, Seattle, WA Local Guide

Cheapest Available SoDo Apartments for Rent

 

The cheapest available apartment rental in the SoDo 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 Studio apartment currently listed from $635. Here are the most affordable SoDo apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$695
Alcove West Seattle - Affordable and Efficient Studio Building in the Heart of West SeattleStudioStudio,1BA$750
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio Basement - MFTEStudio,1BA$812
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$835
Sorento FlatsStudioStudio,1BA$849
Avalon Micro StudiosMicro StudioStudio,1BA$850
Elegant, Efficient Studios in Beautiful Delridge!StudioStudio,1BA$875
Louisa HotelIncome Restricted, Studio.Studio,1BA$900

Best Value Apartments for Rent in SoDo, WA

As of May 30, 2026 the best value apartment in the SoDo area is the $1.95 price per square foot 2x2 C Model at Verse Seattle — Modern Living at the Heartbeat of the Central District in the in the Mercer Heights neighborhood starting from $2,050. The second greatest value SoDo apartment is the 2 bed Model at Victorian Row Apartments starting at $1,600 with a $1.64 price per square foot in the Downtown Seattle neighborhood. Here is today’s list of the best values for SoDo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Verse Seattle — Modern Living at the Heartbeat of the Central District2x2 C2BR,2BA$1.95
Victorian Row Apartments2 bed2BR,1BA$1.64
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$0.71
The Link Apartments1BR/1.0BA1BR,1BA$1.27
The Edge1x11BR,1BA$2.23
An LacOne Bedroom Large1BR,1BA$2.09
34351BR/1.0BA1BR,1BA$2.16
Washington Terrace Senior Affordable ApartmentsA071BR,1BA$2.22
Uncle Bob's PlaceStudioStudio ,1BA$2.12
Louisa HotelStudio ApartmentsStudio ,1BA$2.15

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Washington, including Seattle. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, apartment communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap SoDo Apartments

What is a cheap apartment in SoDo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in SoDo is under $900.

What is the price of a cheap apartment in SoDo?

The cheapest apartment in SoDo is Milwaukee Apartments which is listed at $735, while the average apartment in SoDo costs $4,385.

What types of apartments are the cheapest in SoDo?

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 158 regular apartments in SoDo 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 SoDo?

Cheap apartments in SoDo have an average cost of $519 which is $3,866 cheaper than the average rent for all rentals in SoDo.

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

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.

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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.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.