Cheap Apartments for Rent in Lynnwood, WA from $1,000 (132 Rentals)

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

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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.

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Knox
Rent Specials
$1,714 - $3,044
Total Monthly Price

Total Monthly Price

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$1,714 - $3,044

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Studio to 2 Bedroom Apartments Available Now

Knox

16200 Admiralty WayLynnwood, WA 98087
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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.

Lynnwood, WA Local Guide

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Cheapest Neighborhoods for Apartments in Lynnwood, WA

Pricing Updated: 04/10/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Meadowdale$2,564$1,45841

Cheapest Available Lynnwood Apartments for Rent

 

The cheapest available apartment rental in Lynnwood, WA is a 2 Beds unit found at Alderwood Court Senior Affordable Apartments in the North Terrace neighborhood priced from $1,299. Reserve at Lynnwood 55+ Affordable Living in the Seattle Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here is today’s list of the most affordable Lynnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alderwood Court Senior Affordable ApartmentsB12BR,1BA$1,299
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A61BR,1BA$1,299
Koz on AlderwoodType EStudio,1BA$1,400
Compass ApartmentsThe Waldron, The Decatur and The Sucia1BR,1BA$1,400
Terrace Heights1x11BR,1BA$1,400
Campo Basso Apartment HomesOne Bedroom One Bath1BR,1BA$1,450
Pacific Park Apartment HomesOne Bedroom1BR,1BA$1,475
Whispering CedarsOne Bedroom (Shared Laundry)1BR,1BA$1,483
Timber Lane Apartments1 Bedroom1BR,1BA$1,495
Northpointe Apartments1 Bed 1 Bath1BR,1BA$1,495

Best Value Apartments for Rent in Lynnwood, WA

As of April 10, 2026 the best value apartment in the Lynnwood area is the $1.82 price per square foot Maple Model at The Vantage in the in the Meadowdale neighborhood starting from $2,225. The second greatest value Lynnwood apartment is the Lupine Model at Scriber Creek Apartments starting at $1,915 with a $1.60 price per square foot in the East Terrace 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 VantageMaple4BR,2BA$1.82
Scriber Creek ApartmentsLupine3BR,2BA$1.60
Madison WayRainier2BR,2BA$1.68
Evergreen Grove2 Bed 2 Bath2BR,2BA$1.75
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
The Encore2x2 (955 sq ft)2BR,2BA$1.92
FAIRWAY EDMONDSOne Bedroom and One Bath1BR,1BA$1.86
RavenswoodHemlock1BR,1BA$1.99
Duet1x1 B1BR,1BA$2.05
Northpointe Apartments1 Bed 1 Bath1BR,1BA$2.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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.

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 Koz on Alderwood listed at $1,400.

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

The lowest price for a Cheap One Bedroom Lynnwood Apartment is $1,299 at Reserve at Lynnwood 55+ Affordable Living.

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 $1,299 at Alderwood Court Senior Affordable Apartments.

What is the most affordable Lynnwood Three Bedroom Apartment?

The best deal on a cheap Lynnwood Three Bedroom Apartment rental is at Scriber Creek Apartments and starts from $1,915.

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.

Helpful Local Expert Guides

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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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Picking the Perfect Seattle Neighborhood for College Life

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

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Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.