Cheap Apartments for Rent in Lynnwood, WA from $1,250 (136 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lynnwood.

property at 21205 Elberta Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

21205 Elberta Rd

LynnwoodWA98036

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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21107 Damson Rd, Unit C
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450
Studio Apartment Available Sep 15

21107 Damson Rd, Unit C

21107 Damson RdLynnwood, WA 98036
Affordability

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Duet Apartments
Rent Specials
$1,598 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,598 - $1,995
Total Monthly Price
$1,598 - $1,995
1 to 2 Bedroom Apartments Available Aug 31

Duet Apartments

4702 176th St SWLynnwood, WA 98037
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.

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Knox
Rent Specials
$1,739 - $4,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,739 - $4,145
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Knox

16200 Admiralty WayLynnwood, WA 98087
Work From Home
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COLLINS JUNCTION
Rent Specials
$1,748 - $2,871
Total Monthly Price

Total Monthly Price

Base Rent
$1,748 - $2,871
Total Monthly Price
$1,748 - $2,871
1 to 3 Bedroom Apartments Available Now

COLLINS JUNCTION

4727 200th St SWLynnwood, WA 98036
Student Housing
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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Nickel Creek
$1,817 - $3,521
Total Monthly Price

Total Monthly Price

Base Rent
$1,817 - $3,521
Total Monthly Price
$1,817 - $3,521
1 to 2 Bedroom Apartments Available Now

Nickel Creek

3702 204th St SWLynnwood, WA 98036
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Orchard Ridge
Rent Specials
$1,865 - $2,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,865 - $2,335
Total Monthly Price
$1,865 - $2,335
1 to 3 Bedroom Apartments Available Now

Orchard Ridge

3805 164th St SWLynnwood, WA 98087
Eco-Friendly
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lynnwood, WA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Lynnwood, WA

Pricing Updated: 08/23/2026

Current apartment rentals in the Lynnwood, WA area range in price from $2,000 to $5,100 with an overall median price of $3,400. Here is today’s list neighborhoods with the lowest median pricing for Lynnwood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Meadowdale$3,400$2,0007

Cheapest Available Lynnwood Apartments for Rent

 

The cheapest available apartment rental in Lynnwood, WA is a 1 Bed unit found at Alderwood Court Senior Affordable Apartments in the North Terrace neighborhood priced from $1,250. Timber Grove Apartments in Lynnwood, WA in the Alderwood Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Lynnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alderwood Court Senior Affordable ApartmentsA41BR,1BA$1,250
Timber Grove Apartments in Lynnwood, WA1/1.001BR,1BA$1,350
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A41BR,1BA$1,399
Pacific Park Apartment HomesStudioStudio,1BA$1,445
5607 204th St SW2 Beds, 1 Baths2BR,1BA$1,450
Koz on Alderwood Mall BlvdType GStudio,1BA$1,450
Campo Basso Apartment HomesStudioStudio,1BA$1,465
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,479
Park Edmonds Apartment HomesStudioStudio,1BA$1,495
Northpointe Apartments1 Bed 1 Bath1BR,1BA$1,495

Best Value Apartments for Rent in Lynnwood, WA

As of August 24, 2026 the best value apartment in the Lynnwood area is the $1.96 price per square foot Alder Model at The Vantage in the in the Meadowdale neighborhood starting from $2,198. The second greatest value Lynnwood apartment is the 2 Beds, 1 bath Model at Hillside Apartments starting at $1,995 with a $1.83 price per square foot in the Meadowdale neighborhood. Here is today’s list of the best values for Lynnwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The VantageAlder3BR,2BA$1.96
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
NovelaLondon w/Den2BR,2BA$2.04
Lakeside ApartmentsTwo Bedroom2BR,1BA$1.78
AndorraCordoba2BR,1BA$1.73
Cypress Heights TownhomesTwo Bedroom2BR,1.5BA$1.96
Canyon Springs2x1 L2BR,1BA$2.04
Sunset Villa2BR/1.0BA2BR,1BA$2.03
20816 74th Ave W, Unit Apt C20816 74th Ave W2BR,1BA$2.10
Northpointe Apartments1 Bed 1 Bath1BR,1BA$2.07

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Lynnwood Overview

Located just 16 miles north of Seattle, Lynnwood is a thriving and nature-heavy city that will appeal to a wide variety of potential Washington state residents. From public parks to a long history steeped in the timber trade, this charming locale's ambiance will be immediately apparent to all who choose to consider it.

Why live in Lynnwood, WA?

Offering easy access to a wide array of big city excitement thanks to its proximity to Seattle and beyond, apartments for rent in Lynnwood are an ideal way to get to know this heavenly slice of the greater north west. From hiking trails to the scenic water views of the famed Puget Sound, this Washington hot spot contains plenty to satisfy both the nature lover in your family as well as those yearning for impressive local shopping, dining and nightlife.

Best Local Schools in
Lynnwood, WA

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

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Frequently Asked Questions about Cheap Lynnwood Apartments

What is the Cheapest Studio apartment in Lynnwood?

Currently the most affordable Cheap Studio Apartment in Lynnwood is at Pacific Park Apartment Homes listed at $1,445.

How much is rent for a Cheap One Bedroom Lynnwood Apartment?

The lowest price for a Cheap One Bedroom Lynnwood Apartment is $1,250 at Alderwood Court Senior Affordable Apartments.

What is the lowest price for a Cheap Two Bedroom Lynnwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lynnwood is starting from $1,450 at 5607 204th St SW.

What is the most affordable Lynnwood Three Bedroom Apartment?

The best deal on a cheap Lynnwood Three Bedroom Apartment rental is at Tamaron Ranch and starts from $1,950.

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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Greetings! I’m Sharon, your ApartmentHomeLiving.com guide, local expert for Seattle. We find the best balance of livability and affordability using our local expertise.

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