Cheap Apartments for Rent in the South Tacoma Neighborhood of Tacoma, WA from $500 (15 Rentals)

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

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Thea Apartments
Rent Specials
$1,020 - $1,405
Total Monthly Price

Total Monthly Price

Base Rent
$585 - $970
Required Monthly Fees
$435

Total Monthly Price
$1,020 - $1,405
Studio to 1 Bedroom Apartments Available Now

Thea Apartments

7414 S Hosmer StTacoma, WA 98408
Furnished
  • Verified
  • Low Income
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El Popo
$1,095 - $1,195
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,045
Required Monthly Fees
$150

Total Monthly Price
$1,095 - $1,195
1 Bedroom Apartments Contact Us For Availability

El Popo

3228 S Union AveTacoma, WA 98409
Affordability
  • Verified

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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
  • Utilities Included

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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
  • Utilities Included
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Bergerson Terrace
2 to 3 Bedroom Apartments

Bergerson Terrace

5301 Orchard St WUniversity Place, WA 98467

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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 Studio unit found at White Rock Apartments priced from $995. Thea Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here are the most affordable South Tacoma apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
White Rock ApartmentsStudio - RenovatedStudio,1BA$995
Thea ApartmentsStudio (M)Studio,1BA$1,075
AV LoftsStudio CStudio,1BA$1,145
Jefferson Yards Apartments0BR/1.0BAStudio,1BA$1,200
The Monroe1x1 Income Restricted 65%1BR,1BA$1,205

Best Value Apartments for Rent in South Tacoma, WA

As of March 21, 2026 the best value apartment in the South Tacoma 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 South Tacoma apartment is the 2 Bedrooms, 2.5 Bathrooms Model at Pine Street Townhomes starting at $2,395 with a $1.78 price per square foot in the Madrona 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$1.47
Pine Street Townhomes2 Bedrooms, 2.5 Bathrooms2BR,2.5BA$1.78
Allenmore BrownstonesAllenmore Brownstones - 2345...3BR,2.5BA$1.79
Mullen Cove2BD/1BA - 1,070 SQ FT2BR,1BA$1.49
Viridian GroveThe Cedar3BR,2BA$1.77
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
Park PlaceTwo Bedroom2BR,1BA$1.80
Park Green Apartments2/1.002BR,1BA$1.78
Scenic Pines ApartmentsRed Pine2BR,1BA$1.83
South G Street ApartmentsOne Bedroom1BR,1BA$1.63

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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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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 The Monroe which is listed at $1,205, while the average apartment in South Tacoma costs $2,413.

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 $471 which is $1,942 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.