Cheap Apartments for Rent in the Madrona Neighborhood of Tacoma, WA from $1,000 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
iStudios
Rent Specials
$1,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,415

Total Monthly Price
$1,415
1 Bedroom Apartments Available Now

iStudios

3825 S Junett StTacoma, WA 98409
Affordability
  • Verified

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
TNC Apartments
1 Bedroom Apartments

TNC Apartments

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

4312 S Puget Sound Ave

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

9 Clark Pl

9 Clark PlTacoma, WA 98409
Student Housing

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.

close
View Me
South Warner St
1 to 2 Bedroom Apartments

South Warner St

4510 S Warner StTacoma, WA 98409
close
View Me
Lincoln Heights
1 to 4 Bedroom Apartments

Lincoln Heights

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

Hazelwood Terrace

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

3903 S Tyler St

3903 S Tyler StTacoma, WA 98409

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.

close
View Me
Unionaire
Studio to 2 Bedroom Apartments

Unionaire

1902 S Union AveTacoma, WA 98405

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 The Monroe priced from $1,205. Cedar Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Madrona apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
The Monroe1x1 Income Restricted 65%1BR,1BA$1,205
Cedar Court ApartmentsStudio EconomyStudio,1BA$1,250
Alder Court ApartmentsStudio EfficiencyStudio,1BA$1,315
Villas at LawrenceOne Bedroom1BR,1BA$1,395
4319 S AlderOne Bedroom1BR,1BA$1,395
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1,415
iStudiosNEW Style F1BR,1BA$1,415
Lodge at Madrona Ridge1x1Bc1BR,1BA$1,465
Cedar PlaceType 41BR,1BA$1,495
Orchard TerraceOne Bedroom1BR,1BA$1,510

Best Value Apartments for Rent in Madrona, WA

As of April 28, 2026 the best value apartment in the Madrona area is the $1.44 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $2,350. The second greatest value Madrona apartment is the 3 Bedrooms, 2.5 Bathrooms Model at Pine Street Townhomes starting at $2,800 with a $2.02 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$1.44
Pine Street Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$2.02
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.06
The Verandas Apartment Homes1 Bed 1 Bath1BR,1BA$2.05
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1.94
Cedar PlaceType 21BR,1BA$2.05
Orchard TerraceOne Bedroom1BR,1BA$2.18
Lodge at Madrona Ridge1x1Bc1BR,1BA$2.14
Villas at LawrenceOne Bedroom1BR,1BA$2.31
The Monroe1x1 Income Restricted 65%1BR,1BA$2.21

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $1,205 at The Monroe.

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 $1,585 at Lodge at Madrona Ridge.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.