
Cheap Homes for Rent in Bonney Lake, WA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Bonney Lake.


6618 Francis Ave SE, Unit 1

922 5th Ave SW

717 W Stewart Ave

102 N River Rd
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.

112 5th St SW

18601 4th St E

6618 Francis Ave SE, Unit 1

6712 Vandermark Rd E

19003-19005 107th St E
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.

10523 36th St E
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 | $2,158 | $1,400 | $2,880 |
| Bonney Lake 3 Bedroom Homes for Rent | $3,073 | $2,100 | $5,600 |
| Bonney Lake 4 Bedroom Homes for Rent | $3,364 | $2,650 | $4,500 |
| Bonney Lake 5 Bedroom Homes for Rent | $3,783 | $3,150 | $4,600 |
Browse Top Homes for Rent in Bonney Lake
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Bonney Lake, WA Local Guide
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Cheapest Neighborhoods for Apartments in Bonney Lake, WA
Pricing Updated: 07/12/2026Current 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 | $2,483 | $1,876 | 10 |
Cheapest Available Bonney Lake Apartments for Rent
 The cheapest available apartment rental in Bonney Lake, WA is a 1 Bed unit found at Palermo At Lakeland in the Lakeland neighborhood priced from $1,604. 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 |
|---|---|---|---|
| Palermo At Lakeland | Cafe | 1BR,1BA | $1,604 |
| VIEW BY VINTAGE | 2x1 | 2BR,1BA | $1,609 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $1,610 |
| Elm Valley Apartments | Two Bedroom One Bath Small | 2BR,1BA | $1,700 |
| Four Lakes Apartment Homes | HONEYSUCKLE | 1BR,1BA | $1,721 |
Best Value Apartments for Rent in Bonney Lake, WA
As of July 12, 2026 the best value apartment in the Bonney Lake area is the $2.20 price per square foot Ray Model at Aster Townhomes in the in the Outlying Puyallup neighborhood starting from $2,702. The second greatest value Bonney Lake apartment is the Two Bedroom Model at Mill Pond Apartments starting at $1,850 with a $1.80 price per square foot in the Lakeland 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. |
|---|---|---|---|
| Aster Townhomes | Ray | 2BR,2.5BA | $2.20 |
| Mill Pond Apartments | Two Bedroom | 2BR,2BA | $1.80 |
| 5704 Bonney Lake | 2x1.5 | 2BR,1.5BA | $1.89 |
| NorthWest Terrace Apartments | 2x2 | 2BR,2BA | $2.49 |
| VIEW BY VINTAGE | 2x1 | 2BR,1BA | $1.82 |
| Washington Court Residential | Spruce | 1BR,1BA | $2.24 |
| Renwood Apartment Homes | Cottonwood | 1BR,1BA | $2.53 |
| Belara at Lakeland | Primo Renovated | 1BR,1BA | $2.17 |
| Palermo At Lakeland | Cafe | 1BR,1BA | $2.27 |
| Four Lakes Apartment Homes | HONEYSUCKLE | 1BR,1BA | $2.43 |
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.
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 Bonney Lake
What type of rentals are currently available in Bonney Lake?
There are currently 89 Apartments for Rent in Bonney Lake, WA with pricing that ranges from $850 to $3,109. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bonney Lake ranging from $950 to $5,600.
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 $950 to $5,600 with an average monthly rent of $2,473.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.