Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,200 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Everett.

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.

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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.

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Huntington Park
1 to 3 Bedroom Apartments

Huntington Park

9009 W Mall DrEverett, WA 98208
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Breckenridge
1 to 2 Bedroom Apartments

Breckenridge

11000 16th Ave SEEverett, WA 98208

Cash 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.

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Lake Park
1 to 3 Bedroom Apartments

Lake Park

11005 16th Ave SEEverett, WA 98208

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.

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Silver Lake, Everett, WA Local Guide

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 $1,200. Park 120 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,239. Here are the most affordable Silver Lake apartments for rent in Everett, WA:

Apartment ListingModel NameBed/BathPriced From
Reserve at Everett for 55+ Active SeniorsA11BR,1BA$1,200
Park 1202x1AR2BR,1BA$1,239
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1,259
Fulton's Crossing and LandingThe Ashton1BR,1BA$1,346
Bluffs at Evergreen1BD, 1BTH1BR,1BA$1,393

Best Value Apartments for Rent in Silver Lake, WA

As of October 24, 2025 the best value apartment in the Silver Lake area is the $1.73 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 Murphy Model at Gateway Apartments starting at $2,164 with a $1.76 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heatherwood4 Bedroom, 2 Bath4BR,2BA$1.73
Gateway ApartmentsMurphy3BR,2BA$1.76
MirabellaC23BR,2BA$1.79
Glen at North Creek2 Bed 1.5 Bath Townhouse Renovated - B2TR2BR,1.5BA$1.88
Holly RidgePilchuck2BR,2BA$1.85
Puget ParkAvalon1BR,1BA$1.75
North Creek ApartmentsTwo Bed One Bath2BR,1BA$2.09
Bluffs at Evergreen1BD, 1BTH1BR,1BA$1.79
Mill Pointe1 Bedroom, 1 Bath1BR,1BA$2.07
Reserve at Everett for 55+ Active SeniorsA11BR,1BA$1.71

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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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.

Getting Around the Silver Lake Neighborhood in Everett, WA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,545.

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 $1,200, while the average apartment in Silver Lake costs $2,415.

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 95 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 $1,358 which is $1,057 cheaper than the average rent for all rentals in Silver Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.