Cheap Homes for Rent in Loon Lake, WA from $700 (7 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Loon Lake, WA Local Guide

Cheapest Available Loon Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loon Lake, WA is a 1 Bed unit found at Colfax Sandhill Apartments in the Balboa neighborhood priced from $900. Forest Park Court in the Balboa neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Loon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR,1BA$900
Forest Park CourtSpruce2BR,1BA$950
Cedar Creek Village II1 Bedroom1BR,1BA$1,010

Best Value Apartments for Rent in Loon Lake, WA and Nearby

As of August 15, 2025 the best value apartment in the Loon Lake area is the $1.48 price per square foot Twelve02 Model at Jake at Indian Trail in the in the Balboa neighborhood starting from $1,780. The second greatest value Loon Lake apartment is the 2x2 Model at Bellwood Park Apartments starting at $1,300 with a $1.15 price per square foot in the North Indian Trail neighborhood. Here is today’s list of the best values for Loon Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jake at Indian TrailTwelve023BR,2BA$1.48
Bellwood Park Apartments2x22BR,2BA$1.15
Castlegate ApartmentsUnit C2BR,2BA$1.33
Northridge Court2 bed 1 bath2BR,1BA$1.05
Graymayre Crossing ApartmentsMarengo2BR,2BA$1.40
FOREST CREEK APARTMENTSPlan B2BR,2BA$1.26
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1.23
Colfax Sandhill ApartmentsSandhill- 2 bedroom2BR,1BA$1.17
The GroveDaisy2BR,1BA$1.34
Forest Park CourtSpruce2BR,1BA$1.33

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

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Frequently Asked Questions about Loon Lake

What type of rentals are currently available in Loon Lake?

There are currently 35 Apartments for Rent in Loon Lake, WA with pricing that ranges from $875 to $3,650. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loon Lake ranging from $700 to $4,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Loon Lake ranges from $700 to $4,200 with an average monthly rent of $2,386.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Loon Lake range from $1,200 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.