Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,200 (33 Rentals)

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

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Park 120
Rent Specials
$1,549 - $1,901
Total Monthly Price

Total Monthly Price

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$1,549 - $1,901

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1 to 2 Bedroom Apartments Available Now

Park 120

120 W Casino RdEverett, WA 98204
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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.

property at 227 Dorn Ave

$1,875 - $1,895

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

227 Dorn Ave

EverettWA98208
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Woodbrook
Rent Specials
$1,976 - $2,426
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$1,976 - $2,426

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1 to 3 Bedroom Apartments Available May 7

Woodbrook

525 112th St SEEverett, WA 98208
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Huntington Park
1 to 3 Bedroom Apartments

Huntington Park

9009 W Mall DrEverett, WA 98208
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Lake Park
1 to 3 Bedroom Apartments

Lake Park

11005 16th Ave SEEverett, WA 98208
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Breckenridge
1 to 2 Bedroom Apartments

Breckenridge

11000 16th Ave SEEverett, WA 98208

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Mill Creek Meadows
1 to 3 Bedroom Apartments

Mill Creek Meadows

13315 45th Ave SEMill Creek, WA 98012

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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 $1,300. 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 ListingModel NameBed/BathPriced From
Reserve at Everett for 55+ Active SeniorsA11BR,1BA$1,300
Evergreen Court2 Bedroom2BR,1BA$1,300
Bluffs at Evergreen1BD, 1BTH1BR,1BA$1,395
Huntington ParkA21BR,1BA$1,463
Farm by Vintage2x22BR,2BA$1,499
Family Tree Apartments1 Bed1BR,1BA$1,500
Park 1202x12BR,1BA$1,549
The Stinson Apartment HomesThe Oak1BR,1BA$1,599
Fulton's Crossing and LandingThe Ashton1BR,1BA$1,607
HelmA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heatherwood4 Bedroom, 2 Bath4BR,2BA$1.89
Puget ParkMariner2BR,2BA$1.70
Gateway ApartmentsJetty2BR,2BA$1.81
Mill Pointe2 Bedroom, 2 Bath2BR,2BA$1.82
MirabellaB22BR,2BA$2.02
WildreedAlder2BR,1BA$1.99
Farm by Vintage1x1 Loft1BR,1BA$1.94
Bluffs at Evergreen1BD, 1BTH1BR,1BA$1.79
Evergreen Court2 Bedroom2BR,1BA$1.73
Reserve at Everett for 55+ Active SeniorsA11BR,1BA$1.86

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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 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.

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

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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.

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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.

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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.

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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.