Cheap Homes for Rent in Tacoma, WA from $700 (39 Rentals)

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 3734 S M St

3734 S M St

TacomaWA98418

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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Showing Results 1-39, Page 1 of 1

Tacoma, WA Local Guide

Cheapest Neighborhoods for Apartments in Tacoma, WA

Pricing Updated: 06/12/2025

Current apartment rentals in the Tacoma, WA area range in price from $775 to $5,400 with an overall median price of $2,941. The three Tacoma neighborhoods with the lowest median rent pricing are Fircrest at $1,895, Ketcham Knoll at $1,895, and University Place at $1,895. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Tacoma Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fircrest$2,047$1,8951
Ketcham Knoll$2,075$1,8953
University Place$2,100$1,8955
Roman Ridge$2,200$2,2001
Madrona$2,250$2,2501
Theatre District$2,250$1,7504
Sunset Beach$2,275$1,9502
Parkland$2,347$1,2004
P.L.U.$2,347$2,1003
Fern Hill$2,495$7755

Cheapest Available Tacoma Apartments for Rent

 

The cheapest available apartment rental in Tacoma, WA is a Studio unit found at Koz at the Dome in the New Tacoma neighborhood priced from $564. Westside Estates in the West End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $991. Here is today’s list of the most affordable Tacoma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Koz at the DomeStudioStudio,1BA$564
Westside EstatesEvergreen1BR,1BA$991
Landmark Court ApartmentsStudio AStudio,1BA$995
Indigo ApartmentsStudio (S1)Studio,1BA$995
Koz on MLKStudio-SStudio,1BA$1,000
Ash Creek Apartments0x1Studio,1BA$1,000
Pinnacle PointStudio MicroStudio,1BA$1,015
Bridgeview FlatsOne Bedroom1BR,1BA$1,025
Cascade Ridge ApartmentsStudioStudio,1BA$1,050
Annobee Apartments1 Bed 1 Bath1BR,1BA$1,075

Best Value Apartments for Rent in Tacoma, WA

As of June 12, 2025 the best value apartment in the Tacoma area is the $1.64 price per square foot South Tower C1 Townhouse Model at Hanna Heights South in the in the Theatre District neighborhood starting from $2,999. The second greatest value Tacoma apartment is the 4311 S Puget Sound Ave Model at 4311 S Puget Sound Ave, Unit C starting at $1,999 with a $1.29 price per square foot in the Madrona neighborhood. 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.
Hanna Heights SouthSouth Tower C1 Townhouse3BR,2BA$1.64
4311 S Puget Sound Ave, Unit C4311 S Puget Sound Ave2BR,2.5BA$1.29
4033 S Junett St2 Bedroom ,3.5 Bath Townhomes2BR,3.5BA$1.49
SoundWest Townhomes2bed 1.5bath Townhouse2BR,1.5BA$1.50
Northwood Apartments2 Bedroom2BR,1BA$1.50
Alta Apartments.1x11BR,1BA$1.52
Valley Vista2 BED 1 BATH2BR,1BA$1.58
Hillside Glen Apartments2 Bedroom 1 Bath2BR,1BA$1.64
Olympic View1x11BR,1BA$1.59
The Woodmark1 Bedroom / 1 Bathroom (C)1BR,1BA$1.45

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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Frequently Asked Questions about Tacoma

What type of rentals are currently available in Tacoma?

There are currently 1495 Apartments for Rent in Tacoma, WA with pricing that ranges from $564 to $8,070. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tacoma ranging from $775 to $5,400.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tacoma ranges from $775 to $5,400 with an average monthly rent of $2,475.

How much are larger Three and Four Bedroom Rentals in Tacoma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Tacoma range from $1,708 to $5,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,400. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,350.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.