
Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,200 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Everett.


9101 Corbin Dr

Evergreen Court

Total Monthly Price
Park 120

Family Tree Apartments

Total Monthly Price
Fulton's Crossing and Landing

West Mall Place Apartment Homes

Total Monthly Price
Mirabella

Waterford Apartments
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.

Puget Park

12429 1st Ave W

Wildreed

Creekside Apartments

Tessera Apartments

Charter Club

Helm

227 Dorn Ave, Unit 2

8823 Holly Dr, Unit Apartment E206
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.

Gateway Apartments

Mill Pointe

Total Monthly Price
Woodbrook

Total Monthly Price
BluWater

Furnished Studio-Seattle - Everett - North

10 E Casino Rd

913 Peters Pl SE

Reserve at Everett for 55+ Active Seniors

Fireside West Apartments
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.

Ridgeline

Bluffs at Evergreen

Glen at North Creek

Huntington Park

The Stinson Apartment Homes

Breckenridge

Lake Park

1009 112th St SE

North Creek Apartments
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.

The Lakehouse

North Creek Townhomes

Silver Sands

216 126th St SE

Farm by Vintage

Heatherwood

VINTAGE AT MILL CREEK

Farmhouse Row by Vintage

Monterra in Mill Creek
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.

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 | $2,062 | $1,520 | $2,628 |
| Silver Lake 1 Bedroom Apartments | $1,706 | $1,295 | $2,382 |
| Silver Lake 2 Bedroom Apartments | $2,062 | $1,300 | $2,662 |
| Silver Lake 3 Bedroom Apartments | $2,425 | $2,000 | $2,785 |
| Silver Lake 4 Bedroom Apartments | $2,484 | $1,999 | $2,618 |
Browse Apartments in this Neighborhood
There are currently 46 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 1 Bed unit found at Reserve at Everett for 55+ Active Seniors priced from $1,200. 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 | $1,200 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1,300 |
| Park 120 | 1x1 | 1BR,1BA | $1,444 |
| Bluffs at Evergreen | 1BD, 1BTH | 1BR,1BA | $1,495 |
| Family Tree Apartments | 1 Bed | 1BR,1BA | $1,500 |
| Fulton's Crossing and Landing | The Ashton | 1BR,1BA | $1,512 |
| Farm by Vintage | 1x1 | 1BR,1BA | $1,550 |
| Ridgeline | 2 Bed 1 Bath | 2BR,1BA | $1,599 |
| Mirabella | B2 | 2BR,2BA | $1,613 |
| Puget Park | Avalon | 1BR,1BA | $1,642 |
Best Value Apartments for Rent in Silver Lake, WA
As of September 07, 2026 the best value apartment in the Silver Lake area is the $1.87 price per square foot 3 Bedroom, 2 Bath Model at Mill Pointe in the in the Snohomish Cascade neighborhood starting from $2,200. The second greatest value Silver Lake apartment is the Birch Model at Wildreed starting at $2,375 with a $2.05 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. |
|---|---|---|---|
| Mill Pointe | 3 Bedroom, 2 Bath | 3BR,2BA | $1.87 |
| Wildreed | Birch | 2BR,2BA | $2.05 |
| Mirabella | C2 | 3BR,2BA | $1.82 |
| Gateway Apartments | Jetty | 2BR,2BA | $1.77 |
| Woodbrook | 2 Bedroom - 2 Bath (1st - 2nd - 3rd Floors) | 2BR,2BA | $1.94 |
| Ridgeline | 2 Bed 1 Bath | 2BR,1BA | $1.70 |
| Puget Park | Avalon | 1BR,1BA | $2.01 |
| Bluffs at Evergreen | 1BD, 1BTH | 1BR,1BA | $1.92 |
| Evergreen Court | 2 Bedroom | 2BR,1BA | $1.73 |
| Reserve at Everett for 55+ Active Seniors | B1 | 2BR,1BA | $2.02 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 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 $1,968.
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 48 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 $1,260 which is $708 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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.