Cheap Homes for Rent in Madrona Neighborhood of Federal Way, WA from $2,600 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Madrona area of Federal Way.

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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Madrona, Federal Way, WA Local Guide

Best Value Apartments for Rent in Madrona, WA

As of April 17, 2025 the best value apartment in the Madrona area is the $2.09 price per square foot Walnut Model at Trellis Apartments in the in the Alderbrook neighborhood starting from $2,401. The second greatest value Madrona apartment is the B2 Model at Glen Park At West Campus starting at $1,877 with a $1.76 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Madrona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trellis ApartmentsWalnut3BR,2BA$2.09
Glen Park At West CampusB22BR,2BA$1.76
Cedar Gardens Apartments2BR/1.0BA2BR,1BA$2.10
Kitts CornerAthens1BR,1BA$1.93
Trouve1-Bedroom Den1BR,1BA$2.36
Sunset Three Twenty1 Bed - 1 Bath (Renovated)1BR,1BA$2.25
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14
The CommonsOne Bedroom1BR,1BA$2.47
Panther Lake Lot 141X11BR,1BA$2.14
PavilionMetro1BR,1BA$2.16

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Frequently Asked Questions about Madrona

What type of rentals are currently available in Madrona?

There are currently 42 Apartments for Rent in Madrona, WA with pricing that ranges from $1,218 to $3,001. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madrona ranging from $2,699 to $3,555.

What is the current price range for Rental Homes in Madrona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madrona ranges from $2,699 to $3,555 with an average monthly rent of $3,201.

How much are larger Three and Four Bedroom Rentals in Madrona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madrona range from $2,166 to $3,001, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,699 to $2,997. Four Bedroom Single-Family rentals are also available starting from $3,555 and Four Bedroom Apartments start at $2,397.

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.

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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.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.