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Cheap Apartments for Rent in the Madrona Neighborhood of Federal Way, WA from $1,200 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madrona area of Federal Way.
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from $1,4501 to 2 Bedroom Apartments Available Now
Cedar Gardens Apartments
2110 SW 337th PlFederal Way, WA 98023
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from $1,4951 to 2 Bedroom Apartments Available Now
Panther Lake Apartments
33 S 342nd PlFederal Way, WA 98003
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from $1,5871 to 3 Bedroom Apartments Available Mar 3
Glen Park At West Campus
952 SW Campus DrFederal Way, WA 98023
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Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
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Madrona, Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Madrona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madrona Studio Apartments | $1,588 | $1,257 | $2,045 |
| Madrona 1 Bedroom Apartments | $1,794 | $1,450 | $2,560 |
| Madrona 2 Bedroom Apartments | $2,034 | $1,625 | $2,870 |
| Madrona 3 Bedroom Apartments | $2,478 | $2,239 | $3,199 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Madrona Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Madrona, Federal Way, WA Local Guide
- Nearby Federal Way neighborhoods
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Cheapest Available Madrona Apartments for Rent
The cheapest available apartment rental in the Madrona area of Federal Way, WA is a 1 Bed unit found at Pavilion priced from $1,480. Panther Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Madrona apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pavilion | Metro | 1BR,1BA | $1,480 |
| Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $1,495 |
| Panther Lake Lot 14 | 1X1 | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Madrona, WA
As of February 27, 2025 the best value apartment in the Madrona area is the $2.27 price per square foot Cherry Model at Trellis Apartments in the in the Alderbrook neighborhood starting from $2,245. The second greatest value Madrona apartment is the 2x1 Model at Traditions at Federal Way starting at $1,975 with a $2.03 price per square foot in the Redondo neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Trellis Apartments | Cherry | 2BR,2BA | $2.27 |
| Traditions at Federal Way | 2x1 | 2BR,1BA | $2.03 |
| Align Apartments | Residence 2 | 2BR,2BA | $2.16 |
| Sunset Three Twenty | 2 Bed - 1 Bath (Renovated) | 2BR,1BA | $2.13 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.04 |
| Trouve | 1-Bedroom Den | 1BR,1BA | $2.36 |
| Panther Lake Lot 14 | 1X1 | 1BR,1BA | $2.14 |
| Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $2.14 |
| Pavilion | Metro | 1BR,1BA | $2.12 |
| The Fairways | A3 | 1BR,1BA | $2.38 |
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Pet Friendly LifestyleMadrona, Federal Way, WA
Ranked #11
Among neighborhoods in Federal Way, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Washington and customized analysis for Central Federal Way. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Madrona Apartments
How much is rent for a Cheap One Bedroom Madrona Apartment?
The lowest price for a Cheap One Bedroom Madrona Apartment is $1,480 at Pavilion.
What is the lowest price for a Cheap Two Bedroom Madrona Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madrona is starting from $1,625 at Panther Lake Apartments.
What is the most affordable Madrona Three Bedroom Apartment?
The best deal on a cheap Madrona Three Bedroom Apartment rental is at Pavilion and starts from $2,054.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.