Cheap Apartments for Rent in the South Tacoma Neighborhood of Tacoma, WA from $500 (77 Rentals)

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

property at 5327 64th St W

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

4 Bedroom, 2.5 Bath Home for Rent

Available Aug 12

5327 64th St W

TacomaWA98467

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 1925 S I St

$1,345 - $1,795

Studio To 1 Bedroom Rentals

Available Now

1925 S I St

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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VUE25
$1,374 - $2,039
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $2,039
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

VUE25

2368 S Yakima AveTacoma, WA 98405
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Apex
$1,389 - $2,363
Total Monthly Price

Total Monthly Price

Base Rent
$1,389 - $2,363
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Apex

2424 S 41st StTacoma, WA 98409
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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

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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Bay Terrace
1 to 3 Bedroom Apartments

Bay Terrace

2500 G StTacoma, WA 98405
  • Utilities Included
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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
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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
  • Utilities Included
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9 Clark Pl
Studio Apartments

9 Clark Pl

9 Clark PlTacoma, WA 98409
Student Housing

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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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. Thea Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable South Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Pinegar ManorPinegar Manor1BR,1BA$1,050
Thea ApartmentsStudio (ADA)Studio,1BA$1,125
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,150
El Popo1 Bedroom - Fully Renovated1BR,1BA$1,200
Ellis Apartments0BR/1.0BAStudio,1BA$1,240
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,250
Cabana Court1 Bedroom - Fully Renovated1BR,1BA$1,295
iStudiosNEW Style G1BR,1BA$1,295
Cedar Court ApartmentsStudio EconomyStudio,1BA$1,295
Warner Park ApartmentsOne Bedroom1BR,1BA$1,295

Best Value Apartments for Rent in South Tacoma, WA

As of August 04, 2026 the best value apartment in the South Tacoma area is the $1.80 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Pine Street Townhomes in the in the Madrona neighborhood starting from $2,495. The second greatest value South Tacoma apartment is the 3601 S M St Model at 3601 S M St, Unit A starting at $1,720 with a $1.56 price per square foot in the South Tacoma 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.
Pine Street Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.80
3601 S M St, Unit A3601 S M St2BR,1BA$1.56
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR,1BA$1.49
3903 S Tyler St2BR/2.0BA2BR,2BA$1.67
The LookoutWillow2BR,2BA$1.81
5031 S Orchard St2 Beds, 1 Baths2BR,1BA$1.66
Olympic Sunset2X1 T2BR,1BA$1.49
Hiddenvale2 Bedroom 1 Bathroom2BR,1BA$1.77
Canary Apartments2BD/1BA2BR,1BA$1.80
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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Best Local Schools in
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 $1,295.

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 $1,695.

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 15 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 $403 which is $1,292 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 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 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.

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.