Cheap Apartments for Rent in the Lincoln Neighborhood of Tacoma, WA from $564 (39 Rentals)

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

property at 406 S 43rd St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

406 S 43rd St

TacomaWA98418

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 - $1,888
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $1,888

Total Monthly Price
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Studio to 1 Bedroom Apartments Available Now

VUE25

2368 S Yakima AveTacoma, WA 98405
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property at 2330 Yakima Ct

$1,545 - $1,675

1 Bedroom Rentals

Available Now

2330 Yakima Ct

TacomaWA98405

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.

property at 3833 S G St

$1,750 - $1,950

2 Bedroom Rentals

Available Now

3833 S G St

TacomaWA98418
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Bay Terrace
1 to 3 Bedroom Apartments

Bay Terrace

2500 G StTacoma, WA 98405
  • Utilities Included
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Cornus House
Studio to 2 Bedroom Apartments

Cornus House

2502-2512 Pacific AveTacoma, WA 98402
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Lincoln Flats
Studio to 3 Bedroom Apartments

Lincoln Flats

3815 Tacoma Ave STacoma, WA 98418

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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Oasis Apartments
1 to 2 Bedroom Apartments

Oasis Apartments

2825-2858 S Delin StTacoma, WA 98402
  • Utilities Included
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616 S 34th St
1 to 2 Bedroom Apartments

616 S 34th St

616 S 34th StTacoma, WA 98418
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3318 S Chandler St
1 to 2 Bedroom Apartments

3318 S Chandler St

3318 S Chandler StTacoma, WA 98418
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Pacific Terrace
1 to 2 Bedroom Apartments

Pacific Terrace

3202 Pacific AveTacoma, WA 98418
property at 3734 S M St

$1,200 - $1,400

1 Bedroom Rentals

Available Now

3734 S M St

TacomaWA98418
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Christine Apartments
2 to 3 Bedroom Apartments

Christine Apartments

2503 S I StTacoma, WA 98405
  • Utilities Included

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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Harborview East
1 to 3 Bedroom Apartments

Harborview East

3101 E D StTacoma, WA 98404

Cheapest Available Lincoln Apartments for Rent

 

The cheapest available apartment rental in the Lincoln 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 Lincoln apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Koz at the DomeStudioStudio,1BA$564
Tacoma FlatsSnoqualmieStudio,1BA$899
Pacific Crest Apartments in Tacoma0/1 500 '90Studio,1BA$1,099
Cornus HouseStudio EconomyStudio,1BA$1,125
Oasis Apartments1BR/1.0BA1BR,1BA$1,195
Cabana Court1 Bedroom - Fully Renovated1BR,1BA$1,295
VUE25S3Studio,1BA$1,370
Billie Ruth Commons1X11BR,1BA$1,400
Allenmore BrownstonesAllenmore Brownstones - 2345...1BR,1BA$1,595
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$1,675

Best Value Apartments for Rent in Lincoln, WA

As of August 22, 2026 the best value apartment in the Lincoln area is the $2.13 price per square foot Two Bedroom One and Half Bath w/Garage Model at Rainier Gardens Apartments in the in the Madrona neighborhood starting from $1,675. The second greatest value Lincoln apartment is the A1 Model at VUE25 starting at $1,440 with a $2.04 price per square foot in the New Tacoma neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.13
VUE25A11BR,1BA$2.04
Allenmore BrownstonesAllenmore Brownstones - 2335...1BR,1BA$2.45
Cabana Court1 Bedroom - Fully Renovated1BR,1BA$2.31
Oasis Apartments1BR/1.0BA1BR,1BA$2.34
Pacific Crest Apartments in Tacoma0/1 500 '90Studio ,1BA$2.20
Billie Ruth Commons1X11BR,1BA$3.31
Koz at the DomeStudio LoftStudio ,1BA$3.98
Cornus HouseStudio Economy SStudio ,1BA$4.16
Tacoma FlatsBakerStudio ,1BA$3.61

Frequently Asked Questions about Cheap Lincoln Apartments

What is a cheap apartment in Lincoln?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lincoln is under $1,675.

What is the price of a cheap apartment in Lincoln?

The cheapest apartment in Lincoln is Koz at the Dome which is listed at $604, while the average apartment in Lincoln costs $1,420.

What types of apartments are the cheapest in Lincoln?

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 3 regular apartments in Lincoln 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.