Cheap Apartments for Rent in the Madrona Neighborhood of Tacoma, WA from $1,000 (30 Rentals)

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

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iStudios
$1,295 - $1,495
Total Monthly Price

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$1,295 - $1,495

Total Monthly Price
$1,295 - $1,495
1 to 2 Bedroom Apartments Available Now

iStudios

3825 S Junett StTacoma, WA 98409
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TNC Apartments
1 Bedroom Apartments

TNC Apartments

1919 S Tyler StTacoma, WA 98405
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4312 S Puget Sound Ave
Studio to 1 Bedroom Apartments

4312 S Puget Sound Ave

4312 S Puget Sound AveTacoma, WA 98409
Corporate Housing
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9 Clark Pl
Studio Apartments

9 Clark Pl

9 Clark PlTacoma, WA 98409
Student Housing
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South Warner St
1 to 2 Bedroom Apartments

South Warner St

4510 S Warner StTacoma, WA 98409

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Paddington Place
Studio to 3 Bedroom Apartments

Paddington Place

2540 S 42nd StTacoma, WA 98409
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Lincoln Heights
1 to 4 Bedroom Apartments

Lincoln Heights

1 Nevada AveTacoma, WA 98409
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Hazelwood Terrace
2 to 3 Bedroom Apartments

Hazelwood Terrace

3021-3035 S Orchard StTacoma, WA 98466
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3903 S Tyler St
Studio to 2 Bedroom Apartments

3903 S Tyler St

3903 S Tyler StTacoma, WA 98409
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Unionaire
Studio to 2 Bedroom Apartments

Unionaire

1902 S Union AveTacoma, WA 98405

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Madrona, Tacoma, WA Local Guide

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 El Popo priced from $1,200. 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 ListingModel NameBed/BathPriced From
El Popo1 Bedroom - Fully Renovated1BR,1BA$1,200
The Monroe1x1 Income Restricted 65%1BR,1BA$1,205
Cedar Court ApartmentsStudio EconomyStudio,1BA$1,250
iStudiosNEW Style F1BR,1BA$1,295
Alder Court ApartmentsStudio EfficiencyStudio,1BA$1,315
Lodge at Madrona Ridge1x1Bc1BR,1BA$1,362
Villas at LawrenceOne Bedroom Economy1BR,1BA$1,395
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1,470
Orchard TerraceOne Bedroom1BR,1BA$1,510
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$1,675

Best Value Apartments for Rent in Madrona, WA

As of June 15, 2026 the best value apartment in the Madrona area is the $1.23 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $1,995. The second greatest value Madrona apartment is the 4 Bedrooms, 3 Bathrooms Model at Pine Street Townhomes starting at $3,395 with a $2.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
S 43rd TownhomesS 43rd TH 2x2.52BR,2.5BA$1.23
Pine Street Townhomes4 Bedrooms, 3 Bathrooms4BR,3BA$2.43
The Verandas Apartment Homes3 Bed 2 Bath3BR,2BA$1.98
Junett St Townhouses3BR/2.5BA3BR,2.5BA$2.39
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.13
Fircrest Gardens ApartmentsTwo Bedroom One Bath Economy2BR,1BA$2.30
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$2.01
Lodge at Madrona Ridge1x1Cc1BR,1BA$2.29
Orchard TerraceOne Bedroom1BR,1BA$2.18
The Monroe1x1 Income Restricted 65%1BR,1BA$2.21

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $1,200 at El Popo.

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 $1,495 at iStudios.

What is the most affordable Madrona Three Bedroom Apartment?

The best deal on a cheap Madrona Three Bedroom Apartment rental is at The Verandas Apartment Homes and starts from $2,450.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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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.