
Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,200 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Everett.


West Mall Place Apartment Homes

Bluffs at Evergreen

Family Tree Apartments

Total Monthly Price
Park 120

Mill Pointe

Total Monthly Price
Fulton's Crossing and Landing

Helm
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.

Charter Club Apartments

Tessera Apartments

Puget Park

227 Dorn Ave

Wildreed

Gateway Apartments

Silver Sands

Total Monthly Price
Woodbrook
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.

8911 Holly Dr

Fireside West Apartments

Reserve at Everett for 55+ Active Seniors

Huntington Park

Lake Park

The Stinson Apartment Homes

Breckenridge

Glen at North Creek
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.

Waterford Apartments

North Creek Apartments

North Creek Townhomes

Heatherwood

Farm by Vintage

VINTAGE AT MILL CREEK

Farmhouse Row by Vintage

Mill Creek Meadows
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.

Monterra in Mill Creek
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 | $2,014 | $1,350 | $2,660 |
| Silver Lake 1 Bedroom Apartments | $1,751 | $1,395 | $2,154 |
| Silver Lake 2 Bedroom Apartments | $2,026 | $1,300 | $2,499 |
| Silver Lake 3 Bedroom Apartments | $2,089 | $1,799 | $2,996 |
| Silver Lake 4 Bedroom Apartments | $2,185 | $1,999 | $2,407 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Everett, WA.
See all Apartments in EverettExplore Everett
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 1 Bed unit found at Reserve at Everett for 55+ Active Seniors priced from $1,300. 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 | A1 | 1BR,1BA | $1,300 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1,300 |
| Bluffs at Evergreen | 1BD, 1BTH | 1BR,1BA | $1,395 |
| Huntington Park | A2 | 1BR,1BA | $1,463 |
| Farm by Vintage | 2x2 | 2BR,2BA | $1,499 |
| Family Tree Apartments | 1 Bed | 1BR,1BA | $1,500 |
| Park 120 | 2x1 | 2BR,1BA | $1,549 |
| The Stinson Apartment Homes | The Oak | 1BR,1BA | $1,599 |
| Fulton's Crossing and Landing | The Ashton | 1BR,1BA | $1,607 |
| Helm | A1 | 1BR,1BA | $1,670 |
Best Value Apartments for Rent in Silver Lake, WA
As of April 23, 2026 the best value apartment in the Silver Lake area is the $1.89 price per square foot 4 Bedroom, 2 Bath Model at Heatherwood in the in the Martha Lake neighborhood starting from $2,407. The second greatest value Silver Lake apartment is the Mariner Model at Puget Park starting at $1,872 with a $1.70 price per square foot in the Martha Lake 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. |
|---|---|---|---|
| Heatherwood | 4 Bedroom, 2 Bath | 4BR,2BA | $1.89 |
| Puget Park | Mariner | 2BR,2BA | $1.70 |
| Gateway Apartments | Jetty | 2BR,2BA | $1.81 |
| Mill Pointe | 2 Bedroom, 2 Bath | 2BR,2BA | $1.82 |
| Mirabella | B2 | 2BR,2BA | $2.02 |
| Wildreed | Alder | 2BR,1BA | $1.99 |
| Farm by Vintage | 1x1 Loft | 1BR,1BA | $1.94 |
| Bluffs at Evergreen | 1BD, 1BTH | 1BR,1BA | $1.79 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1.73 |
| Reserve at Everett for 55+ Active Seniors | A1 | 1BR,1BA | $1.86 |
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.
Read ArticleDon'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.
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 the price of a cheap apartment in Silver Lake?
The cheapest apartment in Silver Lake is Reserve at Everett for 55+ Active Seniors which is listed at $1,300, while the average apartment in Silver Lake costs $2,149.
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 64 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 $1,203 which is $946 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

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.