Cheap Homes for Rent in Alderwood Heights Neighborhood of Lynnwood, WA from $1,500 (3 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Alderwood Heights, Lynnwood, WA Local Guide

Best Value Apartments for Rent in Alderwood Heights, WA

As of July 29, 2025 the best value apartment in the Alderwood Heights area is the $2.71 price per square foot BM10-Balcony-1100sf-DCII Model at Avalon Alderwood Place in the in the North Terrace neighborhood starting from $3,125. The second greatest value Alderwood Heights apartment is the Bradbury Model at Novela starting at $2,305 with a $2.13 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.
Avalon Alderwood PlaceBM10-Balcony-1100sf-DCII2BR,2BA$2.71
NovelaBradbury3BR,2BA$2.13
Crestview Townhomes2 Bed | 1.5 Bath2BR,1.5BA$2.36
Lynnwood Garden Village2 Bed 1 Bath2BR,1BA$2.18
Duet1x1 B1BR,1BA$2.11
Elevate1 Bed 1 Bath1BR,1BA$2.62
Alderwood Heights1X11BR,1BA$2.65
Alderwood ParkA11BR,1BA$2.58
Alderwood Court Senior Affordable ApartmentsA31BR,1BA$3.17
City Center at LynnwoodS3Studio ,1BA$3.51

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Frequently Asked Questions about Alderwood Heights

What type of rentals are currently available in Alderwood Heights?

There are currently 56 Apartments for Rent in Alderwood Heights, WA with pricing that ranges from $1,521 to $5,136. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood Heights ranging from $1,550 to $3,000.

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 $1,550 to $3,000 with an average monthly rent of $2,241.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.