
Cheap Apartments for Rent in the Downtown Lynnwood Neighborhood of Lynnwood, WA from $1,200 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynnwood area of Lynnwood.


Total Monthly Price
Reserve at Lynnwood 55+ Affordable Living

Alderwood Court Senior Affordable Apartments

City Center at Lynnwood

Twin Firs Condominiums

Campo Basso Apartment Homes

Total Monthly Price
Timber Lane Apartments

Northpointe Apartments
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.

Total Monthly Price
The Encore

Bell Alderwood

Beaver Creek

Total Monthly Price
Duet

Beaver Cove

Scriber Creek Apartments

Total Monthly Price
Orchard Ridge

Pinewood Square Apartment Homes
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.

Total Monthly Price
5823 202nd St SW, Unit #3

5815 202nd St SW, Unit 101

Ember

Ravenswood

Brittany Place

Total Monthly Price
Keeler's Corner

Kinect @ Lynnwood

Total Monthly Price
5823 202nd St SW, Unit #1
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.

Novo on 52nd

Total Monthly Price
Canyon Springs

Lynnwood Garden Village

COLLINS JUNCTION

Total Monthly Price
Knox

Enso

6107 204th St SW

Pacific Park 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 Edmonds Apartment Homes

FAIRWAY EDMONDS

EDMONDS HIGHLANDS

Park 212 Apartment Homes

Park 210 Apartment Homes

Total Monthly Price
Aspire Apartments at Mountlake Terrace

Northern Lights

Taluswood Apartments
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.
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 | $1,724 | $1,300 | $2,100 |
| Downtown Lynnwood 1 Bedroom Apartments | $2,001 | $1,299 | $2,750 |
| Downtown Lynnwood 2 Bedroom Apartments | $2,493 | $1,275 | $5,000 |
| Downtown Lynnwood 3 Bedroom Apartments | $2,532 | $1,987 | $3,280 |
| Downtown Lynnwood 4 Bedroom Apartments | $2,382 | $2,209 | $2,575 |
Browse Apartments in this Neighborhood
There are currently 40 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 Alderwood Court Senior Affordable Apartments priced from $1,099. City Center at Lynnwood has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Downtown Lynnwood apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alderwood Court Senior Affordable Apartments | A1 | 1BR,1BA | $1,099 |
| City Center at Lynnwood | S3 | Studio,1BA | $1,199 |
| Pinewood Square Apartment Homes | Studio | Studio,1BA | $1,268 |
| Reserve at Lynnwood 55+ Affordable Living | 1 Bed 1 Bath A6 | 1BR,1BA | $1,299 |
| Koz on Alderwood | Type E | Studio,1BA | $1,400 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,495 |
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $1,495 |
| Timber Lane Apartments | 1 Bedroom | 1BR,1BA | $1,495 |
| Beaver Creek | 1 Bedroom 1 Bath | 1BR,1BA | $1,500 |
| Bell Alderwood | S1B | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Downtown Lynnwood, WA
As of April 06, 2026 the best value apartment in the Downtown Lynnwood area is the $1.83 price per square foot 2 Beds, 1 bath Model at Hillside Apartments in the in the Meadowdale neighborhood starting from $1,995. The second greatest value Downtown Lynnwood apartment is the Two Bedroom and Two Bath Model at Edgewood North starting at $2,300 with a $2.16 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. |
|---|---|---|---|
| Hillside Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.83 |
| Edgewood North | Two Bedroom and Two Bath | 2BR,2BA | $2.16 |
| The Encore | 2x2 (955 sq ft) | 2BR,2BA | $1.91 |
| Canyon Springs | 2X1 | 2BR,1BA | $2.19 |
| Scriber Creek Apartments | Bellflower | 1BR,1BA | $1.93 |
| Ravenswood | Hemlock | 1BR,1BA | $1.99 |
| Duet | 1x1 B | 1BR,1BA | $2.05 |
| Orchard Ridge | Persimmon | 1BR,1BA | $2.15 |
| Northpointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| Pacific Park Apartment Homes | One Bedroom | 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 $1,500.
What is the price of a cheap apartment in Downtown Lynnwood?
The cheapest apartment in Downtown Lynnwood is Reserve at Lynnwood 55+ Affordable Living which is listed at $1,299, while the average apartment in Downtown Lynnwood costs $2,538.
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 103 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 $811 which is $1,727 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.

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

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.