Cheap Homes for Rent in Lynnwood, WA from $700 (33 Rentals)

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

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.

property at 13914 35th Pl W

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 0.5 Bath Home for Rent

Available Now

13914 35th Pl W

LynnwoodWA98087

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.

property at 5003 240th Pl SW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

5003 240th Pl SW

Mountlake TerraceWA98043

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.

property at 3116 164th St SW

$1,800 - $2,650

1 To 2 Bedroom Rentals

Available Now

3116 164th St SW

LynnwoodWA98087

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.

Lynnwood, WA Local Guide

Cheapest Neighborhoods for Apartments in Lynnwood, WA

Pricing Updated: 07/09/2026

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$2,505$1,49529

Cheapest Available Lynnwood Apartments for Rent

 

The cheapest available apartment rental in Lynnwood, WA is a Studio unit found at Koz on Alderwood Mall Blvd in the East Terrace neighborhood priced from $1,425. Northpointe Apartments in the Meadowdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Lynnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Koz on Alderwood Mall BlvdType GStudio,1BA$1,425
Northpointe Apartments1 Bed 1 Bath1BR,1BA$1,495
Urban Center1 Bedroom 1 Bath A1BR,1BA$1,499
Horizon Park1 Bedroom 1 Bath A1BR,1BA$1,499
Compass ApartmentsThe Waldron, The Decatur and The Sucia1BR,1BA$1,500
Lakeside ApartmentsOne Bedroom1BR,1BA$1,500
Ember ApartmentsStudioStudio,1BA$1,550
Hazel ApartmentsPlumeria1BR,1BA$1,550
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$1,550
Beaver Cove2 Bedroom 1 Bath2BR,1BA$1,550

Best Value Apartments for Rent in Lynnwood, WA

As of July 09, 2026 the best value apartment in the Lynnwood area is the $1.71 price per square foot Maple Model at Ravenswood in the in the Meadowdale neighborhood starting from $2,224. The second greatest value Lynnwood apartment is the Rainier Model at Madison Way starting at $1,899 with a $1.68 price per square foot in the Martha Lake 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.
RavenswoodMaple3BR,2BA$1.71
Madison WayRainier2BR,2BA$1.68
Evergreen Grove2 Bed 2 Bath2BR,2BA$1.75
5123 Monticello Dr., Unit B5123 Monticello Dr.2BR,1BA$1.77
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
Whispering CedarsTwo Bedroom (Shared Laundry)2BR,2BA$1.84
Cypress Heights TownhomesTwo Bedroom2BR,1.5BA$1.96
Scriber Creek ApartmentsBluebell2BR,2BA$1.74
Sunset Villa2BR/1.0BA2BR,1BA$2.03
Beaver Cove2 Bedroom 1 Bath2BR,1BA$1.81

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lynnwood

What type of rentals are currently available in Lynnwood?

There are currently 453 Apartments for Rent in Lynnwood, WA with pricing that ranges from $1,200 to $11,499. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynnwood ranging from $750 to $4,990.

What is the current price range for Rental Homes in Lynnwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynnwood ranges from $750 to $4,990 with an average monthly rent of $2,995.

How much are larger Three and Four Bedroom Rentals in Lynnwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lynnwood range from $1,928 to $10,983, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $4,400. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $1,999.

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

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.

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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

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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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.