
Cheap Apartments for Rent in the Madrona Neighborhood of Tacoma, WA from $1,000 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madrona area of Tacoma.


The Monroe

Rainier Gardens Apartments

Cedar Court Apartments

The Lookout
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iStudios

Alder Court Apartments

4016 S Puget Sound Ave

4319 S Alder

TNC Apartments
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4312 S Puget Sound Ave

Vintage at Tacoma

9 Clark Pl

South Warner St

Villas at Lawrence
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Madrona, Tacoma, WA Local Guide

How much does it cost to rent an apartment in Madrona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrona Studio Apartments | $1,408 | $1,225 | $1,675 |
| Madrona 1 Bedroom Apartments | $1,481 | $1,095 | $1,752 |
| Madrona 2 Bedroom Apartments | $1,774 | $1,395 | $2,295 |
| Madrona 3 Bedroom Apartments | $2,202 | $1,890 | $2,595 |
| Madrona 4 Bedroom Apartments | $2,872 | $2,850 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Madrona Neighborhood of Tacoma, WA.
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Madrona, Tacoma, WA Local Guide
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Cheapest Available Madrona Apartments for Rent
 The cheapest available apartment rental in the Madrona area of Tacoma, WA is a 1 Bed unit found at Vintage at Tacoma priced from $1,099. The Monroe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,205. Here are the most affordable Madrona apartments for rent in Tacoma, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vintage at Tacoma | One Bedroom | 1BR,1BA | $1,099 |
| The Monroe | 1x1 Income Restricted 65% | 1BR,1BA | $1,205 |
| Cedar Court Apartments | Studio Economy | Studio,1BA | $1,250 |
| iStudios | NEW Style F | 1BR,1BA | $1,295 |
| Alder Court Apartments | Studio Efficiency | Studio,1BA | $1,315 |
Best Value Apartments for Rent in Madrona, WA
As of March 14, 2026 the best value apartment in the Madrona area is the $1.47 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $2,395. The second greatest value Madrona apartment is the 2 Bedrooms, 2.5 Bathrooms Model at Pine Street Townhomes starting at $2,395 with a $1.78 price per square foot in the Madrona neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| S 43rd Townhomes | S 43rd TH 2x2.5 | 2BR,2.5BA | $1.47 |
| Pine Street Townhomes | 2 Bedrooms, 2.5 Bathrooms | 2BR,2.5BA | $1.78 |
| 4304 S Cedar St, Unit 4304 | 4304 S Cedar St | 2BR,1.5BA | $2.05 |
| Paddington Place | Type J | 1BR,1BA | $1.91 |
| Rainier Gardens Apartments | Two Bedroom One and Half Bath w/Garage | 2BR,1BA | $2.06 |
| The Verandas Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| Garden Villa Apartments | One Bedroom Standard | 1BR,1BA | $1.94 |
| Orchard Terrace | One Bedroom | 1BR,1BA | $2.13 |
| The Monroe | 1x1 Income Restricted 65% | 1BR,1BA | $2.21 |
| Vintage at Tacoma | One Bedroom | 1BR,1BA | $2.01 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Tacoma, WA. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Madrona Apartments
What is the Cheapest Studio apartment in Madrona?
Currently the most affordable Cheap Studio Apartment in Madrona is at Cedar Court Apartments listed at $1,250.
How much is rent for a Cheap One Bedroom Madrona Apartment?
The lowest price for a Cheap One Bedroom Madrona Apartment is $1,099 at Vintage at Tacoma.
What is the lowest price for a Cheap Two Bedroom Madrona Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madrona is starting from $1,125 at Vintage at Tacoma.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.