
Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,100 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Everett.


Family Tree Apartments

9532 7th Ave SE

West Mall Place Apartment Homes

Total Monthly Price
Park 120

Helm

Mill Pointe

Total Monthly Price
Fulton's Crossing and Landing
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.

Waterford Apartments

Puget Park

Total Monthly Price
Woodbrook

Creekside Apartments

Charter Club

Wildreed

Total Monthly Price
12817 4th Dr SE, Unit 4

Total Monthly Price
BluWater
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.

Total Monthly Price
Mirabella

12429 1st Ave W

Gateway Apartments

227 Dorn Ave

Tessera Apartments

8823 Holly Dr, Unit Apartment E206

Reserve at Everett for 55+ Active Seniors

8911 Holly Dr
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.

Fireside West Apartments

Ridgeline

Breckenridge

Lake Park

Glen at North Creek

Huntington Park

The Stinson Apartment Homes

The Lakehouse
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.

North Creek Apartments

North Creek Townhomes

1009 112th St SE

Silver Sands

Farm by Vintage

Heatherwood

VINTAGE AT MILL CREEK

Farmhouse Row by Vintage
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.

Monterra in Mill Creek

Mill Creek Meadows
Silver Lake, Everett, WA Local Guide

How much does it cost to rent an apartment in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake Studio Apartments | $1,989 | $1,517 | $2,820 |
| Silver Lake 1 Bedroom Apartments | $1,719 | $1,486 | $2,141 |
| Silver Lake 2 Bedroom Apartments | $2,078 | $1,300 | $2,822 |
| Silver Lake 3 Bedroom Apartments | $2,424 | $1,958 | $3,159 |
| Silver Lake 4 Bedroom Apartments | $2,618 | $2,618 | $2,618 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Everett, WA.
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Silver Lake, Everett, WA Local Guide
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Cheapest Available Silver Lake Apartments for Rent
 The cheapest available apartment rental in the Silver Lake area of Everett, WA is a Studio unit found at Reserve at Everett for 55+ Active Seniors priced from $1,100. Evergreen Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Silver Lake apartments for rent in Everett, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reserve at Everett for 55+ Active Seniors | S1 | Studio,1BA | $1,100 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1,300 |
| Farm by Vintage | 1x1 | 1BR,1BA | $1,399 |
| Park 120 | 1x1 | 1BR,1BA | $1,486 |
| Family Tree Apartments | 1 Bed | 1BR,1BA | $1,500 |
| Glen at North Creek | 1 Bed 1 Bath Renovated - A1R | 1BR,1BA | $1,555 |
| Fulton's Crossing and Landing | The Ashton | 1BR,1BA | $1,598 |
| Helm | S1 | Studio,1BA | $1,616 |
| Heatherwood | 1 Bedroom, 1 Bath | 1BR,1BA | $1,678 |
| Ridgeline | 2 Bed 1 Bath | 2BR,1BA | $1,699 |
Best Value Apartments for Rent in Silver Lake, WA
As of July 23, 2026 the best value apartment in the Silver Lake area is the $1.58 price per square foot Meridian Model at Puget Park in the in the Martha Lake neighborhood starting from $1,950. The second greatest value Silver Lake apartment is the C2 Model at Mirabella starting at $2,144 with a $1.86 price per square foot in the Everett Mall South neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Puget Park | Meridian | 3BR,2BA | $1.58 |
| Mirabella | C2 | 3BR,2BA | $1.86 |
| Gateway Apartments | Jetty | 2BR,2BA | $1.77 |
| Mill Pointe | 2 Bedroom, 2 Bath | 2BR,2BA | $1.82 |
| Woodbrook | 2 Bedroom - 2 Bath (1st - 2nd - 3rd Floors) | 2BR,2BA | $1.94 |
| Ridgeline | 2 Bed 1 Bath | 2BR,1BA | $1.81 |
| 12817 4th Dr SE, Unit 4 | 12817 4th Dr SE | 1BR,1BA | $2.07 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1.73 |
| Family Tree Apartments | 1 Bed | 1BR,1BA | $2.11 |
| Farm by Vintage | 1x1 | 1BR,1BA | $2.08 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Silver Lake, Everett, and the greater Everett area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, apartment communities for the kids, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Silver Lake Apartments
What is a cheap apartment in Silver Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Silver Lake is under $1,699.
What is the price of a cheap apartment in Silver Lake?
The cheapest apartment in Silver Lake is Farm by Vintage which is listed at $1,399, while the average apartment in Silver Lake costs $2,618.
What types of apartments are the cheapest in Silver Lake?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 41 regular apartments in Silver Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Silver Lake?
Cheap apartments in Silver Lake have an average cost of $1,279 which is $1,339 cheaper than the average rent for all rentals in Silver Lake.
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.

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.