Cheap Homes for Rent near Alderwood Manor, WA from $1,500 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Alderwood Manor.

property at 916 207th Pl SE

$1,800 - $2,499

1 To 2 Bedroom Rentals

Available Now

916 207th Pl SE

BothellWA98012

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.

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.

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 ListingModel NameBed/BathPriced From
Alderwood Court Senior Affordable ApartmentsA41BR,1BA$1,250
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A41BR,1BA$1,399
Koz on Alderwood Mall BlvdType GStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
Cypress Heights TownhomesTwo Bedroom2BR,1.5BA$1.96
Scriber Creek ApartmentsBluebell2BR,2BA$1.92
The Encore2x2 (955 sq ft)2BR,2BA$2.25
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$2.22
Northern Lights2 bedroom - renovated2BR,1BA$2.41
Alderwood Heights2X12BR,1BA$2.33
MOTIFOne Bedroom and One Bath1BR,1BA$2.40
Terrace Heights1x1 w/Garage1BR,1BA$2.26
Brittany Place1X1 Small 1st Floor - B1081BR,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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.