
Cheap Homes for Rent near Alderwood Manor, WA from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Alderwood Manor.


4821 180th St SW

916 207th Pl SE
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.

16419 Spruce Way

1624 201st Pl SE

2720 204th St SW
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.

18530 52nd Ave W
Alderwood Manor, WA Local Guide

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Cheapest Available Alderwood Manor Apartments for Rent and Nearby
 The cheapest available apartment rental in Alderwood Manor, WA is a 1 Bed unit found at Alderwood Court Senior Affordable Apartments in the North Terrace neighborhood priced from $1,250. Reserve at Lynnwood 55+ Affordable Living in the Seattle Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Alderwood Manor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alderwood Court Senior Affordable Apartments | A4 | 1BR,1BA | $1,250 |
| Reserve at Lynnwood 55+ Affordable Living | 1 Bed 1 Bath A4 | 1BR,1BA | $1,399 |
| Koz on Alderwood Mall Blvd | Type G | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Alderwood Manor, WA and Nearby
As of August 22, 2026 the best value apartment in the Alderwood Manor area is the $1.83 price per square foot 2 Beds, 1 bath Model at Hillside Apartments in the in the Meadowdale neighborhood starting from $1,995. The second greatest value Alderwood Manor apartment is the Two Bedroom Model at Cypress Heights Townhomes starting at $1,950 with a $1.96 price per square foot in the Lake Pleasant neighborhood. Here is today’s list of the best values for Alderwood Manor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hillside Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.83 |
| Cypress Heights Townhomes | Two Bedroom | 2BR,1.5BA | $1.96 |
| Scriber Creek Apartments | Bluebell | 2BR,2BA | $1.92 |
| The Encore | 2x2 (955 sq ft) | 2BR,2BA | $2.25 |
| Beaver Creek | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $2.22 |
| Northern Lights | 2 bedroom - renovated | 2BR,1BA | $2.41 |
| Alderwood Heights | 2X1 | 2BR,1BA | $2.33 |
| MOTIF | One Bedroom and One Bath | 1BR,1BA | $2.40 |
| Terrace Heights | 1x1 w/Garage | 1BR,1BA | $2.26 |
| Brittany Place | 1X1 Small 1st Floor - B108 | 1BR,1BA | $2.36 |
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.