Cheap Homes for Rent in Lake Stevens, WA from $1,200 (14 Rentals)

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

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.

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 Stevens, WA Local Guide

Cheapest Neighborhoods for Apartments in Lake Stevens, WA

Pricing Updated: 06/13/2026

Current apartment rentals in the Lake Stevens, WA area range in price from $1,695 to $3,600 with an overall median price of $3,288. The three Lake Stevens neighborhoods with the lowest median rent pricing are Lake Stevens Farms at $1,695, Frontier Heights at $1,695, and Lake Stevens Water Front at $1,695. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Lake Stevens Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Stevens Farms$2,778$1,6958
Frontier Heights$3,250$1,6955
Lake Stevens Water Front$3,250$1,6959
Nydin Farms On Lake Stevens$3,250$1,6959
Crosswater Condominium$3,600$1,6955
Vernon Park$3,600$1,6955

Cheapest Available Lake Stevens Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Park on 20thLake1BR,1BA$1,806

Best Value Apartments for Rent in Lake Stevens, WA

As of June 13, 2026 the best value apartment in the Lake Stevens area is the $2.77 price per square foot 4720 72nd Dr NE Model at 4720 72nd Dr NE, Unit 1 in the in the Crosswater Condominium neighborhood starting from $3,600. The second greatest value Lake Stevens apartment is the 9127 Meridian Pl NE Model at 9127 Meridian Pl NE, Unit Unit 2 starting at $1,950 with a $2.53 price per square foot in the Pasadera neighborhood. Here is today’s list of the best values for Lake Stevens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4720 72nd Dr NE, Unit 14720 72nd Dr NE3BR,2BA$2.77
9127 Meridian Pl NE, Unit Unit 29127 Meridian Pl NE2BR,1BA$2.53
Park on 20thLake1BR,1BA$3.20

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

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Frequently Asked Questions about Lake Stevens

What type of rentals are currently available in Lake Stevens?

There are currently 67 Apartments for Rent in Lake Stevens, WA with pricing that ranges from $1,695 to $3,600. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Stevens ranging from $1,220 to $8,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Stevens ranges from $1,220 to $8,500 with an average monthly rent of $3,891.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Stevens range from $2,600 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,250.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.