Cheap Homes for Rent in the Madrona Neighborhood of Tacoma, WA from $1,000 (4 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Best Value Apartments for Rent in Madrona, WA

As of August 20, 2026 the best value apartment in the Madrona area is the $1.16 price per square foot 3903 Mason Loop Rd Model at 3903 Mason Loop Rd, Unit UnitC in the in the Madrona neighborhood starting from $1,850. The second greatest value Madrona apartment is the 3BR/2.5BA Model at Junett St Townhouses starting at $2,095 with a $1.96 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.
3903 Mason Loop Rd, Unit UnitC3903 Mason Loop Rd2BR,1BA$1.16
Junett St Townhouses3BR/2.5BA3BR,2.5BA$1.96
4320 S Cedar St, Unit 4320 S Cedar St4320 S Cedar St2BR,1.5BA$1.90
The Verandas Apartment Homes2 Bed 1.5 Bath2BR,1.5BA$1.74
Lincoln Heights3 Bedroom 1 Bath Townhome3BR,1BA$2.18
Hallie Court ApartmentsTwo Bedroom2BR,1BA$2.01
Rainier Gardens ApartmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.13
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$2.01
Orchard TerraceOne Bedroom1BR,1BA$2.13
3903 S Tyler St1BR/1.0BA1BR,1BA$2.21

Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 111 Apartments for Rent in Madrona, WA with pricing that ranges from $1,023 to $3,500. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,095 to $3,300.

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 $3,300 with an average monthly rent of $2,264.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.