Cheap Apartments for Rent in Bonney Lake, WA from $1,375 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bonney Lake.

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VIEW BY VINTAGE
1 to 3 Bedroom Apartments

VIEW BY VINTAGE

9800 219th Ave EBonney Lake, WA 98391
  • Utilities Included
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410 Apartments
1 to 3 Bedroom Apartments

410 Apartments

9803 221st Ave EBonney Lake, WA 98391

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.

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Sumner Mill
Rent Specials
$1,749 - $2,739

Total Monthly Price

Base Rent$1,749 - $2,739

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Sumner Mill

5816 162nd Ave ESumner, WA 98390
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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.

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.

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Whitworth Apartments
1 to 2 Bedroom Apartments

Whitworth Apartments

1612 Valley Ave ESumner, WA 98390
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Belara at Lakeland
1 to 3 Bedroom Apartments

Belara at Lakeland

6170 Terrace View Ln SEAuburn, WA 98092

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.

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5704 Bonney Lake
2 to 3 Bedroom Apartments

5704 Bonney Lake

5704-5710 183rd Ave ESumner, WA 98391

Bonney Lake, WA Local Guide

Cheapest Neighborhoods for Apartments in Bonney Lake, WA

Pricing Updated: 09/14/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Prairie Ridge$2,100$1,60711

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 ListingModel NameBed/BathPriced From
Renwood Apartment HomesCottonwood1BR,1BA$1,607
VIEW BY VINTAGE2x12BR,1BA$1,609
Belara at LakelandPrimo Renovated1BR,1BA$1,617
Palermo At LakelandCafe1BR,1BA$1,621
Four Lakes Apartment HomesHONEYSUCKLE1BR,1BA$1,672
Sumner MillOrton MFTE1BR,1BA$1,749
The Main ApartmentsLEWIS1BR,1BA$1,782
Rainier Meadow1x11BR,1BA$1,795
Washington Court ResidentialCherryStudio,1BA$1,817
Hillside Apartments2x22BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
18214 74th St E, Unit A18214 74th St E3BR,1BA$1.61
5704 Bonney Lake2.2.52BR,2.5BA$1.88
Aster TownhomesRay2BR,2.5BA$2.11
Palermo At LakelandMarsala3BR,2BA$2.36
410 Apartments2BR/2.0BA2BR,2BA$2.28
NorthWest Terrace Apartments2x22BR,2BA$2.32
VIEW BY VINTAGE2x12BR,1BA$1.82
Hillside Apartments2x22BR,2BA$2.44
Renwood Apartment HomesCottonwood1BR,1BA$2.16
Belara at LakelandPrimo Renovated1BR,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.

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Navigating 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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.