
Cheap Apartments for Rent in the Downtown Lynnwood Neighborhood of Lynnwood, WA from $1,200 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynnwood area of Lynnwood.


Beaver Creek

Pinewood Square Apartment Homes

Northpointe Apartments

Alderwood Court Senior Affordable Apartments

Campo Basso Apartment Homes

Ember Apartments
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.

City Center at Lynnwood

Total Monthly Price
Duet Apartments

Twin Firs Condominiums

5607 204th St SW

Reserve at Lynnwood 55+ Affordable Living

Brittany Place

Avalon Alderwood Place
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Ravenswood

Lynnwood Garden Village

Total Monthly Price
Knox

Canyon Springs

Beaver Cove

6008 202nd St SW

Enso
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.

Kinect @ Lynnwood

Bell Alderwood

Lynnwood Country Club

Avalon Alderwood

Total Monthly Price
Destinations Lynnwood 61+ Active Adult Apartment Homes

Park Edmonds Apartment Homes

Horizon Park
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.

Park 212 Apartment Homes

Pacific Park Apartment Homes

EDMONDS HIGHLANDS
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 | $1,695 | $1,315 | $1,973 |
| Downtown Lynnwood 1 Bedroom Apartments | $2,001 | $1,403 | $3,012 |
| Downtown Lynnwood 2 Bedroom Apartments | $2,534 | $1,275 | $5,000 |
| Downtown Lynnwood 3 Bedroom Apartments | $2,861 | $1,928 | $3,835 |
| Downtown Lynnwood 4 Bedroom Apartments | $2,406 | $2,209 | $2,532 |
Browse Apartments in this Neighborhood
There are currently 31 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 1 Bed unit found at Pacific Park Apartment Homes priced from $1,418. Koz on Alderwood Mall Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Downtown Lynnwood apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $1,418 |
| Koz on Alderwood Mall Blvd | Type G | Studio,1BA | $1,450 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,495 |
| Alderwood Court Senior Affordable Apartments | A3 | 1BR,1BA | $1,499 |
| Horizon Park | 1 Bedroom 1 Bath A | 1BR,1BA | $1,499 |
| Campo Basso Apartment Homes | Studio | Studio,1BA | $1,520 |
| Park 212 Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $1,537 |
| Ember Apartments | Studio | Studio,1BA | $1,550 |
| City Center at Lynnwood | S1 | Studio,1BA | $1,562 |
| Twin Firs Condominiums | 1x1 | 1BR,1BA | $1,575 |
Best Value Apartments for Rent in Downtown Lynnwood, WA
As of July 20, 2026 the best value apartment in the Downtown Lynnwood area is the $1.75 price per square foot Maple Model at Ravenswood in the in the Meadowdale neighborhood starting from $2,274. The second greatest value Downtown Lynnwood apartment is the Poppy Model at Scriber Creek Apartments starting at $1,900 with a $1.69 price per square foot in the East Terrace 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. |
|---|---|---|---|
| Ravenswood | Maple | 3BR,2BA | $1.75 |
| Scriber Creek Apartments | Poppy | 2BR,2BA | $1.69 |
| Hillside Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.83 |
| Edgewood North | Two Bedroom and Two Bath | 2BR,2BA | $2.18 |
| Twin Firs Condominiums | 1x1 | 1BR,1BA | $1.85 |
| Lynnwood Garden Village | 2 Bed 1 Bath First Level | 2BR,1BA | $2.16 |
| Duet Apartments | 1x1 B | 1BR,1BA | $2.08 |
| Canyon Springs | 1x1 | 1BR,1BA | $2.24 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| Park 212 Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.26 |
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 Pacific Park Apartment Homes which is listed at $1,418, while the average apartment in Downtown Lynnwood costs $2,786.
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 39 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 $1,280 which is $1,506 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
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.

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.

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.

The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.