Cheap Homes for Rent in Downtown Tacoma Neighborhood of Tacoma, WA from $1,400 (28 Rentals)

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

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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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 Tacoma Flats priced from $899. AV Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $960. Here are the most affordable Downtown Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Tacoma FlatsSnoqualmieStudio,1BA$899
AV LoftsStudio CStudio,1BA$960
Kensington and LauristonStudio - Fully RenovatedStudio,1BA$1,050
MoraineStudio AStudio,1BA$1,095
Ellis Apartments0BR/1.0BAStudio,1BA$1,099
Vintage Apartments0x1.DStudio,1BA$1,150
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,215
The Grand on BroadwayStudioStudio,1BA$1,289
Farrah ApartmentsStudioStudio,1BA$1,295
Cornus HouseDiscover what Cornus House has to offer1BR,1BA$1,295

Best Value Apartments for Rent in Downtown Tacoma, WA

As of June 12, 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 3BR/1.0BA Model at Christine Apartments starting at $1,475 with a $1.71 price per square foot in the New Tacoma 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
Christine Apartments3BR/1.0BA3BR,1BA$1.71
2412 S I St2412 S I St2BR,1BA$2.56
Wright Park Apartments2bed2BR,1BA$1.99
Stillwater Apartments1BR/1.0BA1BR,1BA$2.10
Park Tower ApartmentsCascadia 06' Classic1BR,1BA$2.46
Kensington and Lauriston1 Bedroom - Fully Renovated1BR,1BA$2.46
Villaggio Apartment HomesStudioStudio ,1BA$2.65
Farrah ApartmentsStudioStudio ,1BA$2.59
Vintage Apartments0x1.DStudio ,1BA$2.71

Frequently Asked Questions about Downtown Tacoma

What type of rentals are currently available in Downtown Tacoma?

There are currently 131 Apartments for Rent in Downtown Tacoma, WA with pricing that ranges from $564 to $12,559. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Tacoma ranging from $1,495 to $11,500.

What is the current price range for Rental Homes in Downtown Tacoma?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Tacoma ranges from $1,495 to $11,500 with an average monthly rent of $3,666.

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

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.