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Cheap Apartments for Rent in the Madrona Neighborhood of Federal Way, WA from $1,200 (10 Rentals)
Cheap Apartments in the Madrona area of Federal Way.
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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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Rent Specials
from $1,4621 to 3 Bedroom Apartments Available Now
Glen Park At West Campus
952 SW Campus DrFederal Way, WA 98023
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from $1,4921 to 3 Bedroom Apartments Available Now
Sunset Three Twenty
1901 SW 320th StFederal 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
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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33640 27th Pl SW
Federal WayWA98023
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 | $1,360 | $1,218 | $1,514 |
| Madrona 1 Bedroom Apartments | $1,706 | $1,355 | $2,335 |
| Madrona 2 Bedroom Apartments | $1,989 | $1,625 | $2,410 |
| Madrona 3 Bedroom Apartments | $2,362 | $1,920 | $2,845 |
| Madrona 4 Bedroom Apartments | $2,523 | $2,446 | $3,175 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Madrona Neighborhood of Federal Way, WA.
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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 Studio unit found at Terra priced from $1,218. Park 16 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,366. Here are the most affordable Madrona apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | Studio | Studio,1BA | $1,218 |
| Park 16 | Hummingbird | 1BR,1BA | $1,366 |
| Sunset Three Twenty | 1 Bed - 1 Bath | 1BR,1BA | $1,493 |
Best Value Apartments for Rent in Madrona, WA
As of May 07, 2025 the best value apartment in the Madrona area is the $2.28 price per square foot 3x2-1160 Model at Sundance in the in the Jovita neighborhood starting from $2,650. The second greatest value Madrona apartment is the Walnut Model at Trellis Apartments starting at $2,372 with a $2.06 price per square foot in the Alderbrook 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. |
|---|---|---|---|
| Sundance | 3x2-1160 | 3BR,2BA | $2.28 |
| Trellis Apartments | Walnut | 3BR,2BA | $2.06 |
| Campus View | 2L | 2BR,1BA | $1.75 |
| Glen Park At West Campus | A2 | 1BR,1BA | $2.00 |
| Kitts Corner | Athens | 1BR,1BA | $1.93 |
| Sunset Three Twenty | 1 Bed - 1 Bath (Renovated) | 1BR,1BA | $2.23 |
| Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $2.14 |
| Panther Lake Lot 14 | 1X1 | 1BR,1BA | $2.14 |
| Pavilion | Metro | 1BR,1BA | $2.21 |
| Park 16 | Hummingbird | 1BR,1BA | $2.09 |
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Pet Friendly LifestyleMadrona, Federal Way, WA
Ranked #12
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
What is the price of a cheap apartment in Madrona?
The cheapest apartment in Madrona is Terra which is listed at $1,355, while the average apartment in Madrona costs $2,764.
What types of apartments are the cheapest in Madrona?
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 91 regular apartments in Madrona 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 Madrona?
Cheap apartments in Madrona have an average cost of $1,430 which is $1,334 cheaper than the average rent for all rentals in Madrona.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.