Cheap Apartments for Rent in the Downtown Tacoma Neighborhood of Tacoma, WA from $351 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Tacoma area of 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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VUE25
Rent Specials
$1,370 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $1,868
Total Monthly Price
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Studio to 1 Bedroom Apartments Available Now

VUE25

2368 S Yakima AveTacoma, WA 98405
Corporate Housing
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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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Albers Mill Lofts
Rent Specials
$1,476 - $3,010
Total Monthly Price

Total Monthly Price

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$1,476 - $3,010
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Studio to 2 Bedroom Apartments Available Now

Albers Mill Lofts

1821 E Dock StTacoma, WA 98402
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property at 1626 S G St

$1,675

2 Bedroom, 1 Bath Home for Rent

Available Now

1626 S G St

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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Hanna Heights South
Rent Specials
$1,686 - $3,666
Total Monthly Price

Total Monthly Price

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$1,686 - $3,666
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1 to 3 Bedroom Apartments Available Now

Hanna Heights South

1142 S Fawcett AveTacoma, WA 98402
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Hanna Heights North
Rent Specials
$1,891 - $3,629
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$1,891 - $3,629
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1 to 3 Bedroom Apartments Available Now

Hanna Heights North

415 6th AveTacoma, WA 98402
Corporate Housing
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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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Harbor View Manor
Studio to 1 Bedroom Apartments

Harbor View Manor

919 S Fawcett AveTacoma, WA 98402
Senior Living

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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Downtown Tacoma, Tacoma, WA Local Guide

Cheapest Available Downtown Tacoma Apartments for Rent

 

The cheapest available apartment rental in the Downtown Tacoma area of Tacoma, WA is a Studio unit found at Koz at the Dome priced from $564. Tacoma Flats has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Downtown Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Koz at the DomeStudioStudio,1BA$564
Tacoma FlatsSnoqualmieStudio,1BA$899
Koz on MarketStudio 6Studio,1BA$999
Vintage Apartments0X1.CStudio,1BA$1,050
Cornus HouseStudio EconomyStudio,1BA$1,125
Kensington and LauristonStudio - RenovatedStudio,1BA$1,150
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,215
Hilltop ApartmentsStudioStudio,1BA$1,250
VUE25S3Studio,1BA$1,370
The Grand on BroadwayStudioStudio,1BA$1,392

Best Value Apartments for Rent in Downtown Tacoma, WA

As of August 25, 2026 the best value apartment in the Downtown Tacoma area is the $1.09 price per square foot 2 Bed 2 Bath Model at Victorian in the in the Theatre District neighborhood starting from $2,500. The second greatest value Downtown Tacoma apartment is the North Tower A1 Model at Hanna Heights North starting at $2,237 with a $2.62 price per square foot in the Theatre District neighborhood. Here is today’s list of the best values for Downtown Tacoma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Victorian2 Bed 2 Bath2BR,1BA$1.09
Hanna Heights NorthNorth Tower A11BR,1BA$2.62
Hanna Heights SouthSouth Tower A2-R1BR,1BA$2.22
Wright Park Apartments2bed2BR,1BA$1.99
Stillwater Apartments1BR/1.0BA1BR,1BA$2.10
VUE25S3Studio ,1BA$2.00
Villaggio Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.33
Theas LandingStudioStudio ,1BA$2.66
Park Tower ApartmentsCascadia 06' Classic1BR,1BA$2.54
Vintage Apartments0x1.DStudio ,1BA$2.59

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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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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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Tacoma, WA. 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 easy access to the parks, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Tacoma Apartments

What is a cheap apartment in Downtown Tacoma?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Tacoma is under $1,392.

What is the price of a cheap apartment in Downtown Tacoma?

The cheapest apartment in Downtown Tacoma is Koz at the Dome which is listed at $604, while the average apartment in Downtown Tacoma costs $1,749.

What types of apartments are the cheapest in Downtown 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 26 regular apartments in Downtown Tacoma 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.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.