Cheap Apartments for Rent in the Alderwood Heights Neighborhood of Lynnwood, WA from $1,100 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alderwood Heights area of Lynnwood.

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The Cedars
1 to 2 Bedroom Apartments

The Cedars

4410 176th St SWLynnwood, WA 98037
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Beaver Cove
1 to 2 Bedroom Apartments

Beaver Cove

19800 50th Ave WLynnwood, WA 98036
  • Utilities Included
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Camelot West
1 to 3 Bedroom Apartments

Camelot West

19412 40th Ave WLynnwood, WA 98036
  • Utilities Included

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Alderwood Park
1 to 2 Bedroom Apartments

Alderwood Park

18031 36th Ave WLynnwood, WA 98037
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Novela
1 to 3 Bedroom Apartments

Novela

16604 48th Ave WLynnwood, WA 98037
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Alexan Access
Studio to 3 Bedroom Apartments

Alexan Access

2927 Alderwood Mall BlvdLynnwood, WA 98036
Corporate Housing
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Elevate
1 to 3 Bedroom Apartments

Elevate

4800 168th St SWLynnwood, WA 98037

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Alderwood Heights, Lynnwood, WA Local Guide

Cheapest Available Alderwood Heights Apartments for Rent

 

The cheapest available apartment rental in the Alderwood Heights area of Seattle, WA is a 1 Bed unit found at City Center at Lynnwood priced from $1,199. Westwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here are the most affordable Alderwood Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
City Center at LynnwoodA91BR,1BA$1,199
Westwood Apartments1 Bed1BR,1BA$1,485
Brittany Place1X1 Small 1st Floor - B1081BR,1BA$1,600
Duet1x1 B1BR,1BA$1,649
Alderwood Heights1X11BR,1BA$1,649

Best Value Apartments for Rent in Alderwood Heights, WA

As of November 22, 2025 the best value apartment in the Alderwood Heights area is the $3.04 price per square foot 2 Bed 2 Bath Model at Elevate in the in the Meadowdale neighborhood starting from $2,995. The second greatest value Alderwood Heights apartment is the 2 Bed 1 Bath Model at Novo on 52nd starting at $1,950 with a $2.27 price per square foot in the North Terrace neighborhood. Here is today’s list of the best values for Alderwood Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elevate2 Bed 2 Bath2BR,2BA$3.04
Novo on 52nd2 Bed 1 Bath2BR,1BA$2.27
Westwood ApartmentsTown House2BR,2BA$2.23
Lynnwood Garden Village2 Bed 1 Bath2BR,1BA$2.18
Duet1x1 A1BR,1BA$2.16
NovelaTwain1BR,1BA$2.43
Brittany Place1X1 Small 1st Floor - B1081BR,1BA$2.36
Alderwood Heights1X11BR,1BA$2.45
Alderwood ParkA11BR,1BA$2.60
City Center at LynnwoodA41BR,1BA$2.83

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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Alderwood Heights, Lynnwood, WA

Ranked #12

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Alderwood Heights Apartments

What is a cheap apartment in Alderwood Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alderwood Heights is under $1,745.

What is the price of a cheap apartment in Alderwood Heights?

The cheapest apartment in Alderwood Heights is City Center at Lynnwood which is listed at $1,199, while the average apartment in Alderwood Heights costs $2,780.

What types of apartments are the cheapest in Alderwood Heights?

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 17 regular apartments in Alderwood Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.