Cheap Apartments for Rent in the Stevens Neighborhood of Seattle, WA from $700 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Stevens area of Seattle.

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Madkin Apartments
Studio to 2 Bedroom Apartments

Madkin Apartments

1625 E Madison StSeattle, WA 98122
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Snapdragon
Studio to 1 Bedroom Apartments

Snapdragon

1508 16th AveSeattle, WA 98122
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Berneva
Studio to 2 Bedroom Apartments

Berneva

535 17th Ave ESeattle, WA 98112
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Madison View
Studio to 1 Bedroom Apartments

Madison View

114 24th Ave ESeattle, WA 98112
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The Redwood
Studio Apartments

The Redwood

111 21st Ave ESeattle, WA 98112
Corporate Housing

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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Harrison at 15th
Studio to 3 Bedroom Apartments

Harrison at 15th

350 15th Ave ESeattle, WA 98112
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Madison Park View
1 to 2 Bedroom Apartments

Madison Park View

2424 E Madison StSeattle, WA 98112
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Sol Studios
Studio Apartments

Sol Studios

1814 E John StSeattle, WA 98122
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Bancroft Apartments
Studio to 1 Bedroom Apartments

Bancroft Apartments

1615 15th AveSeattle, WA 98122
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119
Studio to 1 Bedroom Apartments

119

119 22nd Ave ESeattle, WA 98122

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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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NA-MU Lofts
Studio Apartments

NA-MU Lofts

2202 E Olive StSeattle, WA 98122
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Dakotan Apartments
Studio Apartments

Dakotan Apartments

221 23rd Ave ESeattle, WA 98112
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Stevens, Seattle, WA Local Guide

Cheapest Available Stevens Apartments for Rent

 

The cheapest available apartment rental in the Stevens area of Seattle, WA is a Studio unit found at Madison 2.0 Studios in Capitol Hill! priced from $795. Hamilton- Your Bright, Modern City Home! has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Stevens apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Hamilton- Your Bright, Modern City Home!0BR/1.0BAStudio,1BA$1,050
Modern Studio in the Heart of Capitol Hill10 StackStudio,1BA$1,095
Elizabeth James House1B1BR,1BA$1,102
Bancroft Apartments0BR/1.0BAStudio,1BA$1,195

Best Value Apartments for Rent in Stevens, WA

As of December 10, 2025 the best value apartment in the Stevens area is the $2.66 price per square foot Parkridge 2 Bed Model at Parkridge Apartments in the in the Capitol Hill neighborhood starting from $2,795. The second greatest value Stevens apartment is the 2 Bedroom Common Model at Madison Gate starting at $2,895 with a $3.22 price per square foot in the Broadway neighborhood. Here is today’s list of the best values for Stevens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkridge ApartmentsParkridge 2 Bed2BR,2BA$2.66
Madison Gate2 Bedroom Common2BR,2BA$3.22
Lansdowne Manor1BR/1.0BA1BR,1BA$2.43
Bancroft Apartments1BR/1.0BA1BR,1BA$2.40
Park Royal Apartments1BR/1.0BA1BR,1BA$2.61
Lawrence LoftsStudioStudio ,1BA$2.87
Thomas St1BR/1.0BA1BR,1BA$2.83
Elizabeth James House1B1BR,1BA$2.08
Madison Court0BR/1.0BAStudio ,1BA$2.91
Hamilton- Your Bright, Modern City Home!0BR/1.0BAStudio ,1BA$3.18

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

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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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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 search system called 'Lifestyle ratings', composed of rentals in areas across the United States, 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 searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Stevens Neighborhood in Seattle, WA

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Stevens Apartments

What is a cheap apartment in Stevens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Stevens is under $1,395.

What is the price of a cheap apartment in Stevens?

The cheapest apartment in Stevens is Elizabeth James House which is listed at $1,102, while the average apartment in Stevens costs $5,000.

What types of apartments are the cheapest in Stevens?

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 3 regular apartments in Stevens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

Written by: Trey Huguley

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.