Cheap Apartments for Rent in the South Tacoma Neighborhood of Tacoma, WA from $515 (131 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Tacoma area of Tacoma.

property at 403 CONTRA COSTA AVE
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
3 Bedroom, 2 Bath Home for Rent
Available Now
Furnished

403 CONTRA COSTA AVE

TacomaWA98466
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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.

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property at 4343 S Alder St
$1,285
1 Bedroom Rentals
Available Sep 21
Affordability

4343 S Alder St

TacomaWA98409
property at 2330 Yakima Ct
$1,295 - $1,845
Studio To 1 Bedroom Rentals
Available Now
Affordability

2330 Yakima Ct

TacomaWA98405

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.

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3734 S M St, Unit B
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
1 Bedroom Apartment Available Now

3734 S M St, Unit B

3734 S M StTacoma, WA 98418
Affordability

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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VUE25
Rent Specials
$1,552 - $2,470

Total Monthly Price

Base Rent$1,552 - $2,470
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

VUE25

2368 S Yakima AveTacoma, WA 98405
Corporate Housing
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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.

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South Tacoma, Tacoma, WA Local Guide

Cheapest Available South Tacoma Apartments for Rent

 

The cheapest available apartment rental in the South Tacoma area of Tacoma, WA is a 1 Bed unit found at Pinegar Manor priced from $1,050. Bryn Mar Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable South Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Pinegar ManorPinegar Manor1BR, 1BA$1,050
Bryn Mar VillageBryn Mar Village 1 BDRM/1 BATH1BR, 1BA$1,195
El Popo1 Bedroom - Fully Renovated1BR, 1BA$1,200
Jefferson Yards Apartments0BR/1.0BAStudio, 1BA$1,215
Greenfield Apartments1 Bedroom 1 Bathroom1BR, 1BA$1,250
AV LoftsADA Studio AStudio, 1BA$1,283
Meadow Creek ApartmentsOne Bedroom1BR, 1BA$1,295
Sunset Ridge Apartments1x1 Standard1BR, 1BA$1,315
Unionaire Apartments1BR/1.0BA1BR, 1BA$1,325
ZHA2BR/1.0BA2BR, 1BA$1,325

Best Value Apartments for Rent in South Tacoma, WA

As of September 19, 2026 the best value apartment in the South Tacoma area is the $1.05 price per square foot 620 S 35th St Model at 620 S 35th St, Unit Unit A in the South Tacoma neighborhood starting from $2,150. The second greatest value South Tacoma apartment is the 3903 Mason Loop Rd Model at 3903 Mason Loop Rd, Unit UnitC in the Madrona neighborhood starting at $1,850 with a $1.16 price per square foot. Here is today’s list of the best values for South Tacoma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
620 S 35th St, Unit Unit A620 S 35th St4BR, 1BA$1.05
3903 Mason Loop Rd, Unit UnitC3903 Mason Loop Rd2BR, 1BA$1.16
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR, 1BA$1.49
4707 S. Puget Sound Ave2BR/1.0BA2BR, 1BA$1.51
Alameda West Apartments2 Bedroom2BR, 1.5BA$1.77
Orchard TerraceTwo Bedroom2BR, 1.5BA$1.68
5031 S Orchard St2 Beds, 1 Baths2BR, 1BA$1.66
Olympic Sunset2X1 B2BR, 1BA$1.62
ZHA2BR/1.0BA2BR, 1BA$1.56
Canary Apartments2BD/1BA2BR, 1BA$1.80

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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South Tacoma, Tacoma, WA

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Tacoma, Tacoma, and the greater Tacoma area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, features that make it easier to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Tacoma Apartments

What is a cheap apartment in South Tacoma?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Tacoma is under $1,325.

What is the price of a cheap apartment in South Tacoma?

The cheapest apartment in South Tacoma is Pinegar Manor which is listed at $1,050, while the average apartment in South Tacoma costs $1,700.

What types of apartments are the cheapest in South Tacoma?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19 regular apartments in South Tacoma that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Tacoma?

Cheap apartments in South Tacoma have an average cost of $276 which is $1,424 cheaper than the average rent for all rentals in South Tacoma.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.