Cheap Homes for Rent in Madrona Neighborhood of Tacoma, WA from $1,500 (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.

Madrona, Tacoma, WA Local Guide

Best Value Apartments for Rent in Madrona, WA

As of September 10, 2025 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 2 Bedroom ,3.5 Bath Townhomes Model at 4033 S Junett St starting at $2,195 with a $1.49 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
4033 S Junett St2 Bedroom ,3.5 Bath Townhomes2BR,3.5BA$1.49
Unionaire2x1 R2BR,1BA$1.95
4515 s Puget sound ave, Unit 34515 s Puget sound ave1BR,1BA$1.62
The LookoutWillow2BR,2BA$1.94
Rainier Gardens AparmentsTwo Bedroom One and Half Bath w/Garage2BR,1BA$2.06
The Verandas Apartment Homes1 Bed 1 Bath1BR,1BA$2.07
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1.93
Cedar PlaceType 11BR,1BA$1.91
Vintage at TacomaOne Bedroom | Age 55+1BR,1BA$2.01

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Pet Friendly Lifestyle
Madrona, Tacoma, WA

Ranked #16

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,099 to $3,295. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,500 to $2,400.

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 $1,500 to $2,400 with an average monthly rent of $2,068.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.