Cheap Homes for Rent in Madrona Neighborhood of Tacoma, WA from $1,400 (3 Rentals)

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

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.

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.

Best Value Apartments for Rent in Madrona, WA

As of February 20, 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 4 Bedrooms, 3 Bathrooms Model at Pine Street Townhomes starting at $2,995 with a $2.14 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$1.47
Pine Street Townhomes4 Bedrooms, 3 Bathrooms4BR,3BA$2.14
Warner II3/3.503BR,3.5BA$1.63
The Verandas Apartment Homes2 Bed 1.5 Bath2BR,1.5BA$1.55
Paddington PlaceType J1BR,1BA$1.97
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1.94
Orchard TerraceOne Bedroom1BR,1BA$2.18
Fircrest Gardens ApartmentsOne Bedroom Deluxe1BR,1BA$2.39
Madrona Park1X11BR,1BA$2.19
Vintage at TacomaOne Bedroom | Age 55+1BR,1BA$2.01

Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 106 Apartments for Rent in Madrona, WA with pricing that ranges from $1,095 to $2,995. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,450 to $2,845.

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 $1,450 to $2,845 with an average monthly rent of $2,380.

How much are larger Three and Four Bedroom Rentals in Madrona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madrona range from $1,890 to $2,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $2,655. Four Bedroom Single-Family rentals are also available starting from $2,845 and Four Bedroom Apartments start at $2,850.

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 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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.