Cheap Apartments for Rent in the South Tacoma Neighborhood of Tacoma, WA from $500 (52 Rentals)

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

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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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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Oak Trace Apartments
1 to 4 Bedroom Apartments

Oak Trace Apartments

7419 S Verde StTacoma, WA 98409
  • Utilities Included
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Manitou Park
1 to 2 Bedroom Apartments

Manitou Park

4215 S 66th StTacoma, WA 98409
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Bay Terrace
1 to 3 Bedroom Apartments

Bay Terrace

2500 G StTacoma, WA 98405
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TNC Apartments
1 Bedroom Apartments

TNC Apartments

1919 S Tyler StTacoma, WA 98405
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4312 S Puget Sound Ave
Studio to 1 Bedroom Apartments

4312 S Puget Sound Ave

4312 S Puget Sound AveTacoma, WA 98409
Corporate Housing

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Lincoln Flats
Studio to 3 Bedroom Apartments

Lincoln Flats

3815 Tacoma Ave STacoma, WA 98418
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2616 S 74th St
1 to 2 Bedroom Apartments

2616 S 74th St

2616 S 74th StTacoma, WA 98409
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iStudios
1 to 2 Bedroom Apartments

iStudios

3825 S Junett StTacoma, WA 98409
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1953 S I St
1 to 2 Bedroom Apartments

1953 S I St

1953 S I StTacoma, WA 98405
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9 Clark Pl
Studio Apartments

9 Clark Pl

9 Clark PlTacoma, WA 98409
Student Housing
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3714 Yakima Ave
1 Bedroom Apartments

3714 Yakima Ave

3714 Yakima AveTacoma, WA 98418
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Canary Apartments
1 to 2 Bedroom Apartments

Canary Apartments

7315 S Hosmer StTacoma, WA 98408
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Bryn Mar Village
1 to 2 Bedroom Apartments

Bryn Mar Village

1721 S 82nd StTacoma, WA 98408

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.

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5205 66th Street Ct W
$1,095 - $1,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,145
Total Monthly Price
$1,095 - $1,145
1 Bedroom Apartment Available Now

5205 66th Street Ct W

5205 66th Street Ct WUniversity Place, WA 98467
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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

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. AV Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,053. Here are the most affordable South Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Pinegar ManorPinegar Manor1BR,1BA$1,050
AV LoftsStudio BStudio,1BA$1,053
Lincoln Flats1BR/1.0BA1BR,1BA$1,175
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,200
El Popo1 Bedroom - Fully Renovated1BR,1BA$1,200
The Monroe1x1 Income Restricted 65%1BR,1BA$1,205
Sundance ApartmentsOne Bedroom1BR,1BA$1,225
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,225
The Ellis Apartments0BR/1.0BAStudio,1BA$1,240

Best Value Apartments for Rent in South Tacoma, WA

As of June 20, 2026 the best value apartment in the South Tacoma area is the $1.23 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $1,995. The second greatest value South Tacoma apartment is the The Aspen Model at Timbre Apartments starting at $1,939 with a $1.85 price per square foot in the Lake City neighborhood. 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.
S 43rd TownhomesS 43rd TH 2x2.52BR,2.5BA$1.23
Timbre ApartmentsThe Aspen2BR,2BA$1.85
Alameda West Apartments2 Bedroom2BR,1.5BA$1.82
Park Place ApartmentsTwo Bedroom2BR,1BA$1.81
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
3903 S Tyler St2BR/2.0BA2BR,2BA$1.74
Mullen Cove Apartments1BD/1BA - 905 SQ FT1BR,1BA$1.49
Christine Apartments3BR/1.0BA3BR,1BA$1.65
Hiddenvale2 Bedroom 1 Bathroom2BR,1BA$1.77
Pinegar ManorPinegar Manor1BR,1BA$1.50

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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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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Best Local Schools in
South Tacoma, Tacoma, WA

School data provided by Great Schools

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 $1,240.

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 $2,850.

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 $422 which is $2,428 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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.