Cheap Apartments for Rent in the Downtown Lynnwood Neighborhood of Lynnwood, WA from $1,300 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Reserve at Lynnwood 55+ Affordable Living
Rent Specials
$1,523 - $1,634
Total Monthly Price

Total Monthly Price

Base Rent
$1,518 - $1,629
Required Monthly Fees
$5

Total Monthly Price
$1,523 - $1,634
Studio to 2 Bedroom Apartments Available Now

Reserve at Lynnwood 55+ Affordable Living

19815 Scriber Lake RdLynnwood, WA 98036
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Duet
Rent Specials
$1,549 - $2,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $2,253

Total Monthly Price
$1,549 - $2,253
1 to 2 Bedroom Apartments Available Now

Duet

4702 176th St SWLynnwood, WA 98037
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Encore
Rent Specials
$1,675 - $2,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,675 - $2,325

Total Monthly Price
$1,675 - $2,325
1 to 2 Bedroom Apartments Available Now

The Encore

5825 200th St SWLynnwood, WA 98036
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Canyon Springs
Rent Specials
$1,675 - $6,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,532 - $5,894
Required Monthly Fees
$143

Total Monthly Price
$1,675 - $6,037
1 to 3 Bedroom Apartments Available Now

Canyon Springs

15914 44th Ave WLynnwood, WA 98087
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Alderwood Heights
$1,684 - $5,252
Total Monthly Price

Total Monthly Price

Base Rent
$1,544 - $5,112
Required Monthly Fees
$140

Total Monthly Price
$1,684 - $5,252
1 to 2 Bedroom Apartments Available Now

Alderwood Heights

18124 36th Ave WLynnwood, WA 98037
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Keeler's Corner
Rent Specials
$1,693 - $2,903
Total Monthly Price

Total Monthly Price

Base Rent
$1,676 - $2,886
Required Monthly Fees
$17

Total Monthly Price
$1,693 - $2,903
1 to 3 Bedroom Apartments Available Now

Keeler's Corner

4525 164th St SWLynnwood, WA 98087
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Orchard Ridge
Rent Specials
$1,710 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,705 - $2,290
Required Monthly Fees
$5

Total Monthly Price
$1,710 - $2,295
1 to 3 Bedroom Apartments Available Now

Orchard Ridge

3805 164th St SWLynnwood, WA 98087
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Knox
Rent Specials
$1,762 - $2,874
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,812
Required Monthly Fees
$62

Total Monthly Price
$1,762 - $2,874
Studio to 3 Bedroom Apartments Available Now

Knox

16200 Admiralty WayLynnwood, WA 98087
Work From Home
  • Verified
  • 3D Tour
  • Smoke Free

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.

close
View Me
Avana One Six Four
$1,814 - $2,927
Total Monthly Price

Total Monthly Price

Base Rent
$1,808 - $2,921
Required Monthly Fees
$6

Total Monthly Price
$1,814 - $2,927
1 to 3 Bedroom Apartments Available Now

Avana One Six Four

3333 164th St SWLynnwood, WA 98087
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Avalon Alderwood
Rent Specials
$1,815 - $3,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,736 - $2,991
Required Monthly Fees
$79

Total Monthly Price
$1,815 - $3,070
1 to 3 Bedroom Apartments Available Now

Avalon Alderwood

2510 164th St SWLynnwood, WA 98087
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Tanglewood
1 to 2 Bedroom Apartments

Tanglewood

5720 198th St SWLynnwood, WA 98036

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Silver Oak
Rent Specials
$1,900 - $2,653
Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $2,648
Required Monthly Fees
$5

Total Monthly Price
$1,900 - $2,653
2 Bedroom Apartments Available Now

Silver Oak

21412 48th Ave WMountlake Terrace, WA 98043
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

Cheapest Available Downtown Lynnwood Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lynnwood area of Seattle, WA is a Studio unit found at Koz on Alderwood Mall Blvd priced from $1,350. Alderwood Court Senior Affordable Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Downtown Lynnwood apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Koz on Alderwood Mall BlvdType DStudio,1BA$1,350
Alderwood Court Senior Affordable ApartmentsA11BR,1BA$1,399
Pacific Park Apartment HomesStudioStudio,1BA$1,430
Lynnwood Garden Village1 Bed 1 Bath First Level1BR,1BA$1,455
Westwood Apartments1 Bed1BR,1BA$1,485
Northpointe Apartments1 Bed 1 Bath1BR,1BA$1,495
Reserve at Lynnwood 55+ Affordable LivingStudio 1 Bath S4Studio,1BA$1,523
Pinewood Square Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,546
Duet1x1 A1BR,1BA$1,549
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,575

Best Value Apartments for Rent in Downtown Lynnwood, WA

As of February 20, 2026 the best value apartment in the Downtown Lynnwood area is the $1.84 price per square foot Two Bedroom and Two and Half Bath Model at FAIRWAY EDMONDS in the in the Seattle Heights neighborhood starting from $2,225. The second greatest value Downtown Lynnwood apartment is the 2BR/1.5BA Model at 5707 Townhouses starting at $2,125 with a $1.91 price per square foot in the Seattle Heights neighborhood. Here is today’s list of the best values for Downtown Lynnwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
FAIRWAY EDMONDSTwo Bedroom and Two and Half Bath2BR,2.1BA$1.84
5707 Townhouses2BR/1.5BA2BR,1.5BA$1.91
Canyon Springs2X22BR,2BA$2.25
The Encore2x2 (955 sq ft)2BR,2BA$2.23
EDMONDS HIGHLANDSTwo Bedroom One Bath2BR,1BA$2.21
Westwood Apartments2 Bedroom2BR,2BA$2.23
RavenswoodHemlock1BR,1BA$1.99
Duet1x1 B1BR,1BA$2.07
Northpointe Apartments1 Bed 1 Bath1BR,1BA$2.07
Lynnwood Garden Village1 Bed 1 Bath First Level1BR,1BA$2.20

Frequently Asked Questions about Cheap Downtown Lynnwood Apartments

What is a cheap apartment in Downtown Lynnwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lynnwood is under $1,575.

What is the price of a cheap apartment in Downtown Lynnwood?

The cheapest apartment in Downtown Lynnwood is Alderwood Court Senior Affordable Apartments which is listed at $1,399, while the average apartment in Downtown Lynnwood costs $2,875.

What types of apartments are the cheapest in Downtown Lynnwood?

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 65 regular apartments in Downtown Lynnwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Lynnwood?

Cheap apartments in Downtown Lynnwood have an average cost of $797 which is $2,078 cheaper than the average rent for all rentals in Downtown Lynnwood.

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

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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.

decorative image for Picking the Perfect Seattle Neighborhood for College Life article

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.

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

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

Written by: Sharon Stallings

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

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.