Cheap Homes for Rent in Madrona Neighborhood of Tacoma, WA from $1,200 (4 Rentals)

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

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.

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.

Madrona, Tacoma, WA Local Guide

Best Value Apartments for Rent in Madrona, WA

As of June 24, 2025 the best value apartment in the Madrona area is the $1.29 price per square foot 4311 S Puget Sound Ave Model at 4311 S Puget Sound Ave, Unit C in the in the Madrona neighborhood starting from $1,999. 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.
4311 S Puget Sound Ave, Unit C4311 S Puget Sound Ave2BR,2.5BA$1.29
4033 S Junett St2 Bedroom ,3.5 Bath Townhomes2BR,3.5BA$1.49
Pine Street Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$2.02
S 43rd Townhomes2 Bed / 3 Bath2BR,3BA$1.91
Paddington PlaceType J1BR,1BA$1.97
The LookoutWillow2BR,2BA$1.94
Hallie Court ApartmentsTwo Bedroom2BR,1BA$2.25
The Verandas Apartment Homes1 Bed 1 Bath1BR,1BA$1.93
Garden Villa ApartmentsOne Bedroom Standard1BR,1BA$1.93
VINTAGE AT TACOMAOne Bedroom | Age 55+1BR,1BA$2.10

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Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 107 Apartments for Rent in Madrona, WA with pricing that ranges from $1,175 to $3,699. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $1,200 to $2,295.

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 $1,200 to $2,295 with an average monthly rent of $1,822.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.