
Cheap Apartments for Rent in the Downtown Lynnwood Neighborhood of Lynnwood, WA from $1,300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynnwood area of Lynnwood.


City Center at Lynnwood

Alderwood Court Senior Affordable Apartments

Lynnwood Garden Village

Westwood Apartments

Northpointe Apartments

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Reserve at Lynnwood 55+ Affordable Living

Pinewood Square Apartment Homes
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.

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Duet

Scriber Creek Apartments

Ember

5815 202nd St SW, Unit 101

Ravenswood

5823 202nd St SW, Unit #1

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The Encore

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Canyon Springs
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.

Novo on 52nd

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Alderwood Heights

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Keeler's Corner

Kinect @ Lynnwood

Beautifully Renovated 1 & 2 Bedroom Apartments in Lynnwood!

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Orchard Ridge

Bell Alderwood

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Knox
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.

COLLINS JUNCTION

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Avana One Six Four

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Avalon Alderwood

Enso

Twin Firs - 1 Bedroom - Lynnwood - Renovated Modern Apartments

Tanglewood

Pacific Park Apartment Homes

Park Edmonds Apartment Homes
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.

Park 212 Apartment Homes

The Village at Westgate

EDMONDS HIGHLANDS

Park Ballinger 75

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Aspire Apartments at Mountlake Terrace

Northern Lights

Taluswood Apartments

Park 210 Apartment Homes
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Silver Oak
Downtown Lynnwood, Lynnwood, WA Local Guide

How much does it cost to rent an apartment in Downtown Lynnwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lynnwood Studio Apartments | $1,808 | $1,350 | $4,600 |
| Downtown Lynnwood 1 Bedroom Apartments | $1,987 | $1,325 | $5,600 |
| Downtown Lynnwood 2 Bedroom Apartments | $2,604 | $1,649 | $6,500 |
| Downtown Lynnwood 3 Bedroom Apartments | $2,844 | $1,995 | $5,259 |
| Downtown Lynnwood 4 Bedroom Apartments | $2,553 | $2,209 | $5,500 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Downtown Lynnwood Neighborhood of Lynnwood, WA.
See all Apartments in LynnwoodExplore Lynnwood
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Koz on Alderwood Mall Blvd | Type D | Studio,1BA | $1,350 |
| Alderwood Court Senior Affordable Apartments | A1 | 1BR,1BA | $1,399 |
| Pacific Park Apartment Homes | Studio | Studio,1BA | $1,430 |
| Lynnwood Garden Village | 1 Bed 1 Bath First Level | 1BR,1BA | $1,455 |
| Westwood Apartments | 1 Bed | 1BR,1BA | $1,485 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,495 |
| Reserve at Lynnwood 55+ Affordable Living | Studio 1 Bath S4 | Studio,1BA | $1,523 |
| Pinewood Square Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $1,546 |
| Duet | 1x1 A | 1BR,1BA | $1,549 |
| Park 212 Apartment Homes | One Bedroom One Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| FAIRWAY EDMONDS | Two Bedroom and Two and Half Bath | 2BR,2.1BA | $1.84 |
| 5707 Townhouses | 2BR/1.5BA | 2BR,1.5BA | $1.91 |
| Canyon Springs | 2X2 | 2BR,2BA | $2.25 |
| The Encore | 2x2 (955 sq ft) | 2BR,2BA | $2.23 |
| EDMONDS HIGHLANDS | Two Bedroom One Bath | 2BR,1BA | $2.21 |
| Westwood Apartments | 2 Bedroom | 2BR,2BA | $2.23 |
| Ravenswood | Hemlock | 1BR,1BA | $1.99 |
| Duet | 1x1 B | 1BR,1BA | $2.07 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| Lynnwood Garden Village | 1 Bed 1 Bath First Level | 1BR,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

The 10 Best Affordable Neighborhoods in Seattle, WA
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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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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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Articles, How-To's, and Tips

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.

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.

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.

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.