Cheap Homes for Rent in the Alderwood Heights Neighborhood of Lynnwood, WA from $2,200 (6 Rentals)

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

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.

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 Studio unit found at Allegro Apartments priced from $1,550. City Center at Lynnwood has the second lowest priced unit, which is a Studio apartment currently listed from $1,562. Here are the most affordable Alderwood Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Allegro ApartmentsStudio B - The WoodsStudio,1BA$1,550
City Center at LynnwoodS1Studio,1BA$1,562
Alderwood Court Senior Affordable ApartmentsA51BR,1BA$1,599

Best Value Apartments for Rent in Alderwood Heights, WA

As of July 16, 2026 the best value apartment in the Alderwood Heights area is the $1.83 price per square foot 2 Beds, 1 bath Model at Hillside Apartments in the in the Meadowdale neighborhood starting from $1,995. The second greatest value Alderwood Heights apartment is the Hemingway Model at Novela starting at $2,099 with a $2.33 price per square foot in the Meadowdale 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.
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
NovelaHemingway2BR,2BA$2.33
Alderwood ParkB22BR,2BA$2.35
Alderwood Heights2X12BR,1BA$2.27
Beaver Cove2 Bedroom 1 Bath2BR,1BA$2.38
Bell AlderwoodA1L1BR,1BA$2.70
Lynnwood Garden Village2 Bed 1 Bath First Level2BR,1BA$2.16
Brittany Place1X1 Small 1st Floor - B1081BR,1BA$2.36
The Cedars1 Bed 1 Bath1BR,1BA$2.80
Destinations Lynnwood 61+ Active Adult Apartment Homes1x1A1BR,1BA$3.15

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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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 #11

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 Alderwood Heights

What type of rentals are currently available in Alderwood Heights?

There are currently 54 Apartments for Rent in Alderwood Heights, WA with pricing that ranges from $1,200 to $3,835. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood Heights ranging from $2,250 to $4,850.

What is the current price range for Rental Homes in Alderwood Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alderwood Heights ranges from $2,250 to $4,850 with an average monthly rent of $3,422.

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.

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