Cheap Homes for Rent in Lake Stevens, WA from $1,200 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

property at 1421 Pine St

$1,850 - $2,200

2 Bedroom Rentals

Available Now

1421 Pine St

EverettWA98201

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.

property at 9114 44th Dr NE

$2,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

9114 44th Dr NE

MarysvilleWA98270

Lake Stevens, WA Local Guide

Cheapest Neighborhoods for Apartments in Lake Stevens, WA

Pricing Updated: 04/27/2026

Current apartment rentals in the Lake Stevens, WA area range in price from $1,250 to $6,000 with an overall median price of $4,662. The three Lake Stevens neighborhoods with the lowest median rent pricing are Crosswater Condominium at $1,250, Frontier Heights at $1,600, and Vernon Park at $1,250. 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
Crosswater Condominium$4,324$1,25012
Frontier Heights$4,324$1,60014
Vernon Park$4,324$1,25012
Lake Stevens Farms$5,000$1,7505
Lake Stevens Water Front$5,000$1,60012
Nydin Farms On Lake Stevens$5,000$1,7509

Cheapest Available Lake Stevens Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Park on 20thLake1BR,1BA$1,756

Best Value Apartments for Rent in Lake Stevens, WA

As of April 28, 2026 the best value apartment in the Lake Stevens area is the $2.53 price per square foot 9127 Meridian Pl NE Model at 9127 Meridian Pl NE, Unit Unit 2 in the in the Pasadera neighborhood starting from $1,950. The second greatest value Lake Stevens apartment is the Lake Model at Park on 20th starting at $1,756 with a $3.11 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.
9127 Meridian Pl NE, Unit Unit 29127 Meridian Pl NE2BR,1BA$2.53
Park on 20thLake1BR,1BA$3.11

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lake Stevens, WA Rentals by Map

View Map
Lake Stevens, WA Apartments Map
View Map
Lake Stevens, WA Rental Homes Map

Frequently Asked Questions about Lake Stevens

What type of rentals are currently available in Lake Stevens?

There are currently 64 Apartments for Rent in Lake Stevens, WA with pricing that ranges from $1,695 to $2,956. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Stevens ranging from $1,250 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 $1,250 to $8,500 with an average monthly rent of $3,885.

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

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.