
Cheap Homes for Rent in Bonney Lake, WA from $850 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Bonney Lake.


102 N River Rd

12315 112th Avenue Ct E

3939 10th St 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.

6215 Parker Rd E

334 9th Ave SE

11410 205th Ave E

211 Varner Ave NE
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.
Bonney Lake, WA Local Guide

How much does it cost to rent a home in Bonney Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bonney Lake 2 Bedroom Homes for Rent | $2,260 | $1,700 | $2,500 |
| Bonney Lake 3 Bedroom Homes for Rent | $3,060 | $2,400 | $4,000 |
| Bonney Lake 4 Bedroom Homes for Rent | $3,479 | $850 | $5,700 |
| Bonney Lake 5 Bedroom Homes for Rent | $3,682 | $3,315 | $4,000 |
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Bonney Lake, WA Local Guide
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Cheapest Neighborhoods for Apartments in Bonney Lake, WA
Pricing Updated: 08/26/2026Current apartment rentals in the Bonney Lake, WA area range in price from $1,656 to $2,395 with an overall median price of $1,954. 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 | $1,954 | $1,656 | 20 |
Cheapest Available Bonney Lake Apartments for Rent
 The cheapest available apartment rental in Bonney Lake, WA is a 1 Bed unit found at VIEW BY VINTAGE in the Outlying Puyallup neighborhood priced from $1,337. Belara at Lakeland in the Lakeland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,537. Here is today’s list of the most affordable Bonney Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VIEW BY VINTAGE | 1x1 | 1BR,1BA | $1,337 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $1,537 |
| Mill Pond Apartments | One Bedroom | 1BR,1BA | $1,549 |
Best Value Apartments for Rent in Bonney Lake, WA
As of August 26, 2026 the best value apartment in the Bonney Lake area is the $1.88 price per square foot 2.2.5 Model at 5704 Bonney Lake in the in the Outlying Puyallup neighborhood starting from $2,400. The second greatest value Bonney Lake apartment is the Ray Model at Aster Townhomes starting at $2,586 with a $2.10 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. |
|---|---|---|---|
| 5704 Bonney Lake | 2.2.5 | 2BR,2.5BA | $1.88 |
| Aster Townhomes | Ray | 2BR,2.5BA | $2.10 |
| Sumner Square | 518 2X2 Bottom- Garage | 2BR,2BA | $2.10 |
| Greenwood Heights | B1 | 2BR,2BA | $2.08 |
| Belara at Lakeland | Bella Renovated | 2BR,2BA | $2.13 |
| NorthWest Terrace Apartments | 2x2 | 2BR,2BA | $2.32 |
| Renwood Apartment Homes | Cottonwood | 1BR,1BA | $2.23 |
| Mill Pond Apartments | One Bedroom | 1BR,1BA | $2.19 |
| Palermo At Lakeland | Cafe | 1BR,1BA | $2.27 |
| VIEW BY VINTAGE | 1x1 | 1BR,1BA | $2.17 |
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 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.
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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!
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See the most popular apartments and homes in Bonney Lake, WA
Frequently Asked Questions about Bonney Lake
What type of rentals are currently available in Bonney Lake?
There are currently 88 Apartments for Rent in Bonney Lake, WA with pricing that ranges from $1,400 to $3,171. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bonney Lake ranging from $850 to $5,700.
What is the current price range for Rental Homes in Bonney Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bonney Lake ranges from $850 to $5,700 with an average monthly rent of $3,046.
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.