Cheap Apartments for Rent in the Silver Lake Neighborhood of Everett, WA from $1,100 (22 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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Lake Park
1 to 3 Bedroom Apartments

Lake Park

11005 16th Ave SEEverett, WA 98208

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

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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.

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 $1,150. Fulton's Crossing and Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,277. 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$1,150
Fulton's Crossing and LandingThe Ashton1BR,1BA$1,277
Evergreen Court2 Bedroom2BR,1BA$1,300
Park 1201x11BR,1BA$1,375
Mill Pointe1 Bedroom, 1 Bath1BR,1BA$1,472

Best Value Apartments for Rent in Silver Lake, WA

As of January 22, 2026 the best value apartment in the Silver Lake area is the $1.63 price per square foot 3 Bedroom, 2 Bath Model at Heatherwood in the in the Martha Lake neighborhood starting from $2,005. The second greatest value Silver Lake apartment is the Murphy ADA Model at Gateway Apartments starting at $2,014 with a $1.64 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.
Heatherwood3 Bedroom, 2 Bath3BR,2BA$1.63
Gateway ApartmentsMurphy ADA3BR,2BA$1.64
Woodbrook3 Bedroom - 2 Bath (1st - 2nd - 3rd Floors)3BR,2BA$1.98
Puget ParkMariner2BR,2BA$1.54
MirabellaB22BR,2BA$1.54
North Creek ApartmentsTwo Bed One Bath2BR,1BA$2.03
Bluffs at Evergreen1BD, 1BTH1BR,1BA$1.92
Evergreen Court2 Bedroom2BR,1BA$1.73
Mill Pointe1 Bedroom, 1 Bath1BR,1BA$1.97
Reserve at Everett for 55+ Active SeniorsA31BR,1BA$1.94

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

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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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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 $1,150, while the average apartment in Silver Lake costs $2,107.

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 97 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 $1,196 which is $911 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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.