
Cheap Homes for Rent in Madrona Neighborhood of Tacoma, WA from $1,000 (2 Rentals)
Search the lowest-cost Homes 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.

4315 S Warner St
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.
Madrona, Tacoma, WA Local Guide

How much does it cost to rent a home in Madrona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrona 2 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
| Madrona 3 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Madrona Neighborhood of Tacoma, WA.
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Best Value Apartments for Rent in Madrona, WA
As of July 06, 2026 the best value apartment in the Madrona area is the $1.95 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Pine Street Townhomes in the in the Madrona neighborhood starting from $2,695. The second greatest value Madrona apartment is the 3 Bed 2 Bath Model at The Verandas Apartment Homes starting at $2,315 with a $1.87 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. |
|---|---|---|---|
| Pine Street Townhomes | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.95 |
| The Verandas Apartment Homes | 3 Bed 2 Bath | 3BR,2BA | $1.87 |
| Lincoln Heights | 3/1 | 3BR,1BA | $2.00 |
| 4319 S Alder | Two Bedroom | 2BR,2BA | $1.95 |
| Madrona Park | 2X1 | 2BR,1BA | $1.69 |
| Hallie Court Apartments | Two Bedroom | 2BR,1BA | $2.13 |
| Lodge at Madrona Ridge | 2x1Ac | 2BR,1BA | $1.97 |
| Garden Villa Apartments | One Bedroom Standard | 1BR,1BA | $2.01 |
| Orchard Terrace | One Bedroom | 1BR,1BA | $2.18 |
| 3903 S Tyler St | 1BR/1.0BA | 1BR,1BA | $2.16 |
Frequently Asked Questions about Madrona
What type of rentals are currently available in Madrona?
There are currently 105 Apartments for Rent in Madrona, WA with pricing that ranges from $1,200 to $2,850. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,095 to $2,395.
What is the current price range for Rental Homes in Madrona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madrona ranges from $1,095 to $2,395 with an average monthly rent of $1,730.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.

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.