
Cheap Apartments for Rent in Bonney Lake, WA from $1,375 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Bonney Lake.


Hillside Apartments

NorthWest Terrace Apartments

VIEW BY VINTAGE

9014 Main St E

410 Apartments

11325 205th Ave E
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.

11410 205th Ave E

Mill Pond Apartments

Elm Valley Apartments

MERIT APARTMENTS L.L.C.

Palermo At Lakeland

Four Lakes Apartment Homes

Total Monthly Price
Sumner Mill
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.

The Main Apartments

Rainier Meadow

Washington Court Residential

1415 Wright Ave

15018 Elm St E

Cavalla Apartment Homes

6137 Hazel Loop SE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

922 5th Ave SW

102 N River Rd

Whitworth Apartments

Sumner Park Apartments

12315 112th Ave Ct E

Belara at Lakeland

Salmon Creek Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

5704 Bonney Lake

3939 10th St SE
Bonney Lake, WA Local Guide

How much does it cost to rent an apartment in Bonney Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Bonney Lake Studio Apartments | $1,817 | $1,550 | $1,940 |
| Cheap Bonney Lake 1 Bedroom Apartments | $2,077 | $1,400 | $2,575 |
| Cheap Bonney Lake 2 Bedroom Apartments | $2,263 | $1,550 | $2,849 |
| Cheap Bonney Lake 3 Bedroom Apartments | $2,610 | $2,164 | $3,214 |
Browse Top Apartments in Bonney Lake
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Bonney Lake, WA Local Guide
- Bonney Lake Neighborhoods
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Cheapest Neighborhoods for Apartments in Bonney Lake, WA
Pricing Updated: 09/14/2026Current apartment rentals in the Bonney Lake, WA area range in price from $1,607 to $2,395 with an overall median price of $2,100. Here is today’s list neighborhoods with the lowest median pricing for Bonney Lake Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Prairie Ridge | $2,100 | $1,607 | 11 |
Cheapest Available Bonney Lake Apartments for Rent
 The cheapest available apartment rental in Bonney Lake, WA is a 1 Bed unit found at Renwood Apartment Homes in the Outlying Puyallup neighborhood priced from $1,607. VIEW BY VINTAGE in the Outlying Puyallup neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,609. Here is today’s list of the most affordable Bonney Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Renwood Apartment Homes | Cottonwood | 1BR,1BA | $1,607 |
| VIEW BY VINTAGE | 2x1 | 2BR,1BA | $1,609 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $1,617 |
| Palermo At Lakeland | Cafe | 1BR,1BA | $1,621 |
| Four Lakes Apartment Homes | HONEYSUCKLE | 1BR,1BA | $1,672 |
| Sumner Mill | Orton MFTE | 1BR,1BA | $1,749 |
| The Main Apartments | LEWIS | 1BR,1BA | $1,782 |
| Rainier Meadow | 1x1 | 1BR,1BA | $1,795 |
| Washington Court Residential | Cherry | Studio,1BA | $1,817 |
| Hillside Apartments | 2x2 | 2BR,2BA | $2,100 |
Best Value Apartments for Rent in Bonney Lake, WA
As of September 14, 2026 the best value apartment in the Bonney Lake area is the $1.61 price per square foot 18214 74th St E Model at 18214 74th St E, Unit A in the in the Outlying Puyallup neighborhood starting from $2,300. The second greatest value Bonney Lake apartment is the 2.2.5 Model at 5704 Bonney Lake starting at $2,400 with a $1.88 price per square foot in the Outlying Puyallup neighborhood. Here is today’s list of the best values for Bonney Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18214 74th St E, Unit A | 18214 74th St E | 3BR,1BA | $1.61 |
| 5704 Bonney Lake | 2.2.5 | 2BR,2.5BA | $1.88 |
| Aster Townhomes | Ray | 2BR,2.5BA | $2.11 |
| Palermo At Lakeland | Marsala | 3BR,2BA | $2.36 |
| 410 Apartments | 2BR/2.0BA | 2BR,2BA | $2.28 |
| NorthWest Terrace Apartments | 2x2 | 2BR,2BA | $2.32 |
| VIEW BY VINTAGE | 2x1 | 2BR,1BA | $1.82 |
| Hillside Apartments | 2x2 | 2BR,2BA | $2.44 |
| Renwood Apartment Homes | Cottonwood | 1BR,1BA | $2.16 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $2.16 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Bonney Lake, WA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bonney Lake, WA Rentals by Map
See the most popular apartments and homes in Bonney Lake, WA
Frequently Asked Questions about Cheap Bonney Lake Apartments
How much is rent for a Cheap One Bedroom Bonney Lake Apartment?
The lowest price for a Cheap One Bedroom Bonney Lake Apartment is $1,607 at Renwood Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Bonney Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bonney Lake is starting from $1,609 at VIEW BY VINTAGE.
What is the most affordable Bonney Lake Three Bedroom Apartment?
The best deal on a cheap Bonney Lake Three Bedroom Apartment rental is at Renwood Apartment Homes and starts from $2,164.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.