8403 Locust Ave E
Bonney LakeWA98391
Cheap Apartments for Rent in Bonney Lake, WA from $1,100 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Bonney Lake.
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$1,883 - $2,5401 to 3 Bedroom Apartments Available Now
Renwood Apartment Homes
9002 186th Ave EBonney Lake, WA 98391
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$1,895 - $2,2501 to 2 Bedroom Apartments Available Jun 8
Hillside Apartments
18426 Veterans Memorial Dr EBonney Lake, WA 98391
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Rent Specials
$1,375 - $1,950Studio to 2 Bedroom Apartments Available Now
Mill Pond Apartments
703 47th St SEAuburn, WA 98092
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$1,500 - $1,9501 to 2 Bedroom Apartments Available Now
Elm Valley Apartments
1615-1715 Valley Ave ESumner, WA 98390
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$1,500 - $1,7501 to 2 Bedroom Apartments Available Now
Sumner Park Apartments
5303 Parker Rd ESumner, WA 98390
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.
5606 Parker Rd E
SumnerWA98390
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$1,711 - $2,7841 to 3 Bedroom Apartments Available Now
Palermo At Lakeland
7101 Lindsay Ave SEAuburn, WA 98092
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Rent Specials
$1,749 - $2,724
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,749 - $2,724
Total Monthly Price
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Sumner Mill
5816 162nd Ave ESumner, WA 98390
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$1,7952 Bedroom Apartments Available Now
Salmon Creek Apartments
5011 157th Ave. Ct ESumner, WA 98390
7105 166th Ave E
SumnerWA98390
1817 54th St Ct E, Unit 1817, Unit 1817
1817 54th St Ct E
SumnerWA98390
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,868 - $2,4081 to 3 Bedroom Apartments Available Now
Four Lakes Apartment Homes
6821 Udall Pl SEAuburn, WA 98092
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Rent Specials
$1,875 - $1,9951 to 2 Bedroom Apartments Available Now
Rainier Meadow
15881 64th St ESumner, WA 98390
6401 Hazel Ave SE
AuburnWA98092
5406 Mill Pond Dr SE
AuburnWA98092
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1 to 2 Bedroom Apartments
Whitworth Apartments
1612 Valley Ave ESumner, WA 98390
18601 4th St E
Lake TappsWA98391
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
13405 97th Ave E
PuyallupWA98373
813 W Main
PuyallupWA98371
602 5th Ave NW
PuyallupWA98371
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1 to 3 Bedroom Apartments
Belara at Lakeland
6170 Terrace View Ln SEAuburn, WA 98092
4016 7th St SW
PuyallupWA98373
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2 to 3 Bedroom Apartments
5704 Bonney Lake
5704-5710 183rd Ave ESumner, WA 98391
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2217 95th Ave Ct E
EdgewoodWA98371
9721 118th St E
PuyallupWA98373
Showing Results 1-26, Page 1 of 1
Bonney Lake, WA Local Guide
Lake Tapps by Buster Benson is licensed under CC BY 2.0
How much does it cost to rent an apartment in Bonney Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Bonney Lake Studio Apartments | $1,525 | $1,525 | $1,525 |
| Cheap Bonney Lake 1 Bedroom Apartments | $1,885 | $1,475 | $2,566 |
| Cheap Bonney Lake 2 Bedroom Apartments | $2,190 | $1,700 | $2,828 |
| Cheap Bonney Lake 3 Bedroom Apartments | $2,613 | $2,200 | $3,080 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Bonney Lake
See all Apartments in Bonney LakeExplore Bonney Lake
Bonney Lake, WA Local Guide
- Bonney Lake Neighborhoods
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Cheapest Neighborhoods for Apartments in Bonney Lake, WA
Pricing Updated: 04/27/2026Current apartment rentals in the Bonney Lake, WA area range in price from to with an overall median price of . 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 | $2,250 | $1,883 | 1 |
Cheapest Available Bonney Lake Apartments for Rent
The cheapest available apartment rental in Bonney Lake, WA is a Studio unit found at Mill Pond Apartments in the Lakeland neighborhood priced from $1,375. Sumner Park Apartments in the Outlying Puyallup neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Bonney Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Pond Apartments | Studio | Studio,1BA | $1,375 |
| Sumner Park Apartments | 1 Bd 1 Bth | 1BR,1BA | $1,500 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $1,670 |
| Palermo At Lakeland | Cafe | 1BR,1BA | $1,708 |
| Elm Valley Apartments | Two Bedroom One Bath 1715 | 2BR,1BA | $1,795 |
| Salmon Creek Apartments | 2 Bedroom/1 Bathroom | 2BR,1BA | $1,795 |
| Renwood Apartment Homes | Cottonwood | 1BR,1BA | $1,874 |
| Rainier Meadow | 2x1 | 2BR,1BA | $1,921 |
| Four Lakes Apartment Homes | BLACKBERRY | 2BR,1BA | $2,049 |
Best Value Apartments for Rent in Bonney Lake, WA
As of April 28, 2026 the best value apartment in the Bonney Lake area is the $1.57 price per square foot 15906 Elm St E Model at 15906 Elm St E, Unit 3 in the in the Outlying Puyallup neighborhood starting from $2,350. The second greatest value Bonney Lake apartment is the 2x1L Model at Cavalla Apartment Homes starting at $2,450 with a $2.20 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. |
|---|---|---|---|
| 15906 Elm St E, Unit 3 | 15906 Elm St E | 3BR,2.5BA | $1.57 |
| Cavalla Apartment Homes | 2x1L | 2BR,1BA | $2.20 |
| Sumner Mill | Thompson | 2BR,2BA | $2.45 |
| Four Lakes Apartment Homes | BLACKBERRY | 2BR,1BA | $2.36 |
| Salmon Creek Apartments | 2 Bedroom/1 Bathroom | 2BR,1BA | $2.14 |
| Elm Valley Apartments | Two Bedroom One Bath 1715 | 2BR,1BA | $2.23 |
| Rainier Meadow | 2x1 | 2BR,1BA | $2.40 |
| Sumner Park Apartments | 1 Bd 1 Bth | 1BR,1BA | $2.00 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $2.25 |
| Palermo At Lakeland | Cafe | 1BR,1BA | $2.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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 $1,500 at Sumner Park Apartments.
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 $1,750 at Sumner Park Apartments.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.