Cheap Apartments for Rent in the Lincoln Neighborhood of Tacoma, WA from $500 (37 Rentals)

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

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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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3601 S M St, Unit B
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
1 Bedroom Apartment Available Now

3601 S M St, Unit B

3601 S M StTacoma, WA 98418
Cost Per Sq.Ft.
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VUE25
$1,500 - $1,764
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,764

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Jul 15

VUE25

2368 S Yakima AveTacoma, WA 98405
Corporate Housing
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property at 3833 S G St

$2,000 - $2,250

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

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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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3714 Yakima Ave
1 Bedroom Apartments

3714 Yakima Ave

3714 Yakima AveTacoma, WA 98418
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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
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Christine Apartments
2 to 3 Bedroom Apartments

Christine Apartments

2503 S I StTacoma, WA 98405
  • Utilities Included

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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 ApartmentsBeautiful Renovated 1 bed By the Bay!1BR,1BA$1,095
Cornus HouseStudio EconomyStudio,1BA$1,125
Cabana Court1 Bedroom - Fully Renovated1BR,1BA$1,295
Oasis Apartments2BR/1.0BA2BR,1BA$1,395
616 S 34th St1 Bed, 1 bath1BR,1BA$1,395
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$1,675

Best Value Apartments for Rent in Lincoln, WA

As of July 08, 2026 the best value apartment in the Lincoln area is the $1.18 price per square foot 3601 S M St Model at 3601 S M St, Unit B in the in the South Tacoma neighborhood starting from $1,300. The second greatest value Lincoln apartment is the Two Bedroom One and Half Bath w/Garage Model at Rainier Gardens Apartments starting at $1,675 with a $2.13 price per square foot in the Madrona 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.
3601 S M St, Unit B3601 S M St1BR,1BA$1.18
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.13
2412 S I St2412 S I St2BR,1BA$2.56
Oasis Apartments2BR/1.5BA2BR,1.5BA$2.31
Cabana Court1 Bedroom - Fully Renovated1BR,1BA$2.31
Pacific Crest Apartments0/1 500 '90Studio ,1BA$2.39
616 S 34th St1 Bed, 1 bath1BR,1BA$3.03
Koz at the DomeStudio LoftStudio ,1BA$3.95
Cornus HouseStudio EconomyStudio ,1BA$3.75
Tacoma FlatsBakerStudio ,1BA$3.61

Frequently Asked Questions about Cheap Lincoln Apartments

What is the Cheapest Studio apartment in Lincoln?

Currently the most affordable Cheap Studio Apartment in Lincoln is at Koz at the Dome listed at $564.

How much is rent for a Cheap One Bedroom Lincoln Apartment?

The lowest price for a Cheap One Bedroom Lincoln Apartment is $604 at Koz at the Dome.

What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $1,395 at Oasis Apartments.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.