Cheap Apartments for Rent in the Downtown Tacoma Neighborhood of Tacoma, WA from $300 (74 Rentals)

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

property at 616 S G St

$1,095

1 Bedroom, 1 Bath Rentals

Available Now

616 S G St

TacomaWA98405

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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VUE25
$1,396 - $2,081
Total Monthly Price

Total Monthly Price

Base Rent
$1,396 - $2,081

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Studio to 1 Bedroom Apartments Available Now

VUE25

2368 S Yakima AveTacoma, WA 98405
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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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Albers Mill Lofts
$1,550 - $3,310
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Total Monthly Price

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$1,550 - $3,310

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Studio to 2 Bedroom Apartments Available Now

Albers Mill Lofts

1821 E Dock StTacoma, WA 98402
Corporate Housing
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property at 1129 Fawcett Ave

$1,500 - $2,600

1 To 2 Bedroom Rentals

Available Now

1129 Fawcett Ave

TacomaWA98402

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.

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.

property at 612 S 18th St

$2,304 - $2,504

Total Monthly Price

Total Monthly Price

Base Rent
$2,504

Total Monthly Price
$2,504

1 Bedroom Rentals

Available Now

612 S 18th St

TacomaWA98405
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Harbor View Manor
Studio to 1 Bedroom Apartments

Harbor View Manor

919 S Fawcett AveTacoma, WA 98402
Senior Living

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.

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 1 Bed unit found at Koz at the Dome priced from $604. 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 Dome1 Bedroom 1 Bath1BR,1BA$604
Tacoma FlatsSnoqualmieStudio,1BA$899
Analog TacomaStudio, 1 BathroomStudio,1BA$1,029
AV LoftsStudio CStudio,1BA$1,041
The Ellis Apartments0BR/1.0BAStudio,1BA$1,099
Vintage Apartments0X1.CStudio,1BA$1,100
Kensington and LauristonStudio - Fully RenovatedStudio,1BA$1,125
Cornus HouseStudio EconomyStudio,1BA$1,125
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,150
Villaggio Apartment HomesStudioStudio,1BA$1,199

Best Value Apartments for Rent in Downtown Tacoma, WA

As of July 11, 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 South Tower A2 Model at Hanna Heights South starting at $1,837 with a $2.27 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 SouthSouth Tower A21BR,1BA$2.27
2412 S I St2412 S I St2BR,1BA$2.56
Bella On Broadway1 Bed 1 Bath A31BR,1BA$2.73
Stillwater Apartments1BR/1.0BA1BR,1BA$2.10
Villaggio Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.55
Park Tower ApartmentsCascadia 06' Classic1BR,1BA$2.54
VUE25S2Studio ,1BA$2.61
Napoleon Apartment HomesStudioStudio ,1BA$2.66
Vintage Apartments0x1.DStudio ,1BA$2.71

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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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 $1,199.

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 $3,726.

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 22 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.