Cheap Apartments for Rent in Tacoma, WA from $564 (202 Rentals)

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Search the lowest-cost Apartments available for rent right now in Tacoma.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 5503 112th St SW
$995 - $1,700
Studio To 2 Bedroom Rentals
Available Now
Affordability

5503 112th St SW

TacomaWA98499

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Woodmark
$1,090 - $1,245

Total Monthly Price

Base Rent$1,090 - $1,245
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

The Woodmark

2425 S 96th StTacoma, WA 98444
Affordability
  • Verified
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  • Low Income
property at 4006 S Lawrence St
$1,150 - $1,525
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

4006 S Lawrence St

TacomaWA98409
property at 718 S Yakima Ave
$1,150 - $1,395
Studio To 1 Bedroom Rentals
Available Now
Affordability

718 S Yakima Ave

TacomaWA98405

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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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Tacoma, WA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Tacoma, WA

Pricing Updated: 09/24/2026

Current apartment rentals in the Tacoma, WA area range in price from $564 to $7,571 with an overall median price of $1,755. The three Tacoma neighborhoods with the lowest median rent pricing are Eastside at $1,395, Mckinley Hill at $1,575, and Hillsdale at $1,587. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Tacoma Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Eastside$1,395$60412
Mckinley Hill$1,575$1,0997
Hillsdale$1,587$1,22512
South End$1,587$92553
Upper Tacoma District$1,587$1,19516
Lower Portland Avenue$1,600$1,0998
Lincoln$1,638$60424
Madrona$1,650$1,15058
Salishan$1,650$1,07443
Stadium District$1,650$564191

Cheapest Available Tacoma Apartments for Rent

 

The cheapest available apartment rental in Tacoma, WA is a 2 Beds unit found at HOUSING HILLTOP in the Theatre District neighborhood priced from $735. Bridgeview Apartments in the Theatre District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Tacoma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HOUSING HILLTOP2Bed/1Bath A2BR, 1BA$735
Bridgeview Apartments1BR/1.0BA1BR, 1BA$895
Heather Court1BR/1.0BA1BR, 1BA$995
Bridgewood Estates Apartments1BR/1.0BA1BR, 1BA$995
1405 Martin Luther King Junior Way1BR/1.0BA1BR, 1BA$995
RSchleigh 6412 - Swan Court0BR/1.0BAStudio, 1BA$995
The Garfield ApartmentsStudio - RenovatedStudio, 1BA$995
Koz on MarketStudio 6Studio, 1BA$999
Westside EstatesEvergreen1BR, 1BA$1,019
Landmark CourtStudio AStudio, 1BA$1,020

Best Value Apartments for Rent in Tacoma, WA

As of September 25, 2026 the best value apartment in the Tacoma area is the $1.09 price per square foot 2 Bed 2 Bath Model at Victorian in the Theatre District neighborhood starting from $2,500. The second greatest value Tacoma apartment is the 620 S 35th St Model at 620 S 35th St, Unit Unit A in the South Tacoma neighborhood starting at $2,150 with a $1.05 price per square foot. Here is today’s list of the best values for Tacoma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Victorian2 Bed 2 Bath2BR, 1BA$1.09
620 S 35th St, Unit Unit A620 S 35th St4BR, 1BA$1.05
3903 Mason Loop Rd, Unit UnitC3903 Mason Loop Rd2BR, 1BA$1.16
Lakeshore ApartmentsSpacious two bedroom units AVAILABLE NOW!2BR, 2BA$1.54
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR, 1BA$1.49
Northwood Apartments2 Bedroom2BR, 1BA$1.50
Alta Apartments.1x11BR, 1BA$1.52
ARBORCREST APARTMENTS2 BDRM 1 BATH W/D2BR, 1BA$1.56
ZHA2BR/1.0BA2BR, 1BA$1.50
The Woodmark1 Bedroom / 1 Bathroom (B)1BR, 1BA$1.45

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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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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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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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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Tacoma Overview

Tacoma, Washington is a bustling port city located about 45 minutes south of Seattle. It offers many of the benefits of living in a larger city, but apartments in Tacoma are more affordable. Give this city a closer look if you need a new home.

Why live in Tacoma, WA?

Tacoma may not be as flashy as Seattle, but it has a vibrant city scene of its own. It’s well-known for decorative glass, and the Tacoma Mural Project means that there are over 27 outdoor murals painted by local artists, giving the city a beautiful look and creative feel. Many view the city as a more affordable alternative to Seattle, and the money you save by living in apartments in Tacoma can be better used on the things you enjoy doing, whether that’s going for a night out on the town or heading out for an international getaway from the nearby SeaTac Airport.

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Tacoma, WA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Tacoma, WA Rentals by Map

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See the most popular apartments and homes in Tacoma, WA

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Frequently Asked Questions about Cheap Tacoma Apartments

What is a cheap apartment in Tacoma?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tacoma is under $1,020.

What is the price of a cheap apartment in Tacoma?

The cheapest apartment in Tacoma is Bridgeview Apartments which is listed at $895, while the average apartment in Tacoma costs $1,755.

What types of apartments are the cheapest in Tacoma?

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 407 regular apartments in Tacoma 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 Tacoma?

Cheap apartments in Tacoma have an average cost of $364 which is $1,391 cheaper than the average rent for all rentals in Tacoma.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.