Cheap Homes for Rent in Lake Forest Park, WA from $900 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Lake Forest Park.

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.

property at 5003 240th Pl SW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

5003 240th Pl SW

Mountlake TerraceWA98043
property at 17809 24th Ave NE

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1.5 Bath Home for Rent

Available Now

17809 24th Ave NE

ShorelineWA98155

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.

Lake Forest Park, WA Local Guide

Cheapest Available Lake Forest Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Forest Park, WA is a Studio unit found at Bode 125 in the Olympic Hills neighborhood priced from $899. Altaire at Jackson Park in the Pinehurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Lake Forest Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bode 125MFTE - StudioStudio,1BA$899
Altaire at Jackson ParkStudioStudio,1BA$999
The Tony LeeStudioStudio,1BA$1,000
Heron Landing Senior Apartments1x11BR,1BA$1,130
Lake City ApartmentsMA-1bd1bath1BR,1BA$1,238

Best Value Apartments for Rent in Lake Forest Park, WA and Nearby

As of May 25, 2026 the best value apartment in the Lake Forest Park area is the $1.80 price per square foot Two Bedroom Two Bath Model at Willows Court Apartment Homes in the in the Olympic Hills neighborhood starting from $1,895. The second greatest value Lake Forest Park apartment is the Cordoba Model at Andorra starting at $1,724 with a $1.72 price per square foot in the East Terrace neighborhood. Here is today’s list of the best values for Lake Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willows Court Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.80
AndorraCordoba2BR,1BA$1.72
King Arthurs CourtTwo Bedroom Two Bathroom2BR,2BA$2.14
HIDDEN CREEK VILLAGETwo Bedroom One Bath2BR,1BA$1.96
The Lodge @ 73rd2 Bedroom2BR,1BA$2.17
Briza Apartments2BR/1.0BA2BR,1BA$2.20
Mirrorwood Apartments1BR 1BA1BR,1BA$2.05
Sunrise 111x1 Afforable1BR,1BA$1.99
The Willows Apartments1BR/1.0BA1BR,1BA$2.23
Heron Landing Senior Apartments1x11BR,1BA$1.90

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lake Forest Park

What type of rentals are currently available in Lake Forest Park?

There are currently 387 Apartments for Rent in Lake Forest Park, WA with pricing that ranges from $899 to $9,929. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest Park ranging from $950 to $12,000.

What is the current price range for Rental Homes in Lake Forest Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest Park ranges from $950 to $12,000 with an average monthly rent of $4,179.

How much are larger Three and Four Bedroom Rentals in Lake Forest Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Forest Park range from $1,875 to $7,969, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $6,483.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Picking the Perfect Seattle Neighborhood for College Life

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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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

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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

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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.