Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,200 (30 Rentals)

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

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Martha Lake
1 to 3 Bedroom Apartments

Martha Lake

16626 6th Ave WLynnwood, WA 98037

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Latitude
1 to 2 Bedroom Apartments

Latitude

12907 E Gibson RdEverett, WA 98204

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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225 164th St SE
Studio to 2 Bedroom Apartments

225 164th St SE

225 164th St SEBothell, WA 98012
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Martha Lake, Lynnwood, WA Local Guide

Cheapest Available Martha Lake Apartments for Rent

 

The cheapest available apartment rental in the Martha Lake area of Seattle, WA is a 1 Bed unit found at Heatherwood priced from $1,259. Hillcrest Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Martha Lake apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1,259
Hillcrest Estates1 Bed 1 Bath1BR,1BA$1,500
Hangar 128 Apartments2 Bedroom 2 Bathroom2BR,2BA$1,512
Urban Center1 Bedroom 1 Bath A1BR,1BA$1,520
Martha LakePlan 1A1BR,1BA$1,527
Millwood EstatesCypressStudio,1BA$1,553
Green Hill ApartmentsStudio A2a Bldg BStudio,1BA$1,575
West Ridge Apartments2x22BR,2BA$1,600
North Country Manor Apartments1X1 G - Classic1BR,1BA$1,665
The Ardent at Mill Creek1 Bed, 1 Bath A1BR,1BA$1,695

Best Value Apartments for Rent in Martha Lake, WA

As of May 22, 2026 the best value apartment in the Martha Lake area is the $1.59 price per square foot Adams Model at Madison Way in the in the Martha Lake neighborhood starting from $2,210. The second greatest value Martha Lake apartment is the Mariner Model at Puget Park starting at $1,872 with a $1.70 price per square foot in the Martha Lake neighborhood. Here is today’s list of the best values for Martha Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Madison WayAdams4BR,2BA$1.59
Puget ParkMariner2BR,2BA$1.70
Hangar 128 Apartments3 Bedroom 2 Bathroom3BR,2BA$1.83
Gateway ApartmentsJetty2BR,2BA$1.77
The DistrictJefferson2BR,2BA$1.79
West Ridge Apartments2x2 with Yard2BR,2BA$1.84
Station at Mill Creek2br 1.5ba2BR,1.5BA$2.20
Parkwood at Mill CreekPlan 1A1BR,1BA$2.03
Meadows at Martha Lake1x1 B1BR,1BA$2.15
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1.64

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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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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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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Best Local Schools in
Martha Lake, Lynnwood, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Washington and customized analysis for Northern Seattle. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Martha Lake Apartments

What is a cheap apartment in Martha Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martha Lake is under $1,695.

What is the price of a cheap apartment in Martha Lake?

The cheapest apartment in Martha Lake is Heatherwood which is listed at $1,259, while the average apartment in Martha Lake costs $3,117.

What types of apartments are the cheapest in Martha Lake?

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 57 regular apartments in Martha Lake 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 Martha Lake?

Cheap apartments in Martha Lake have an average cost of $918 which is $2,199 cheaper than the average rent for all rentals in Martha Lake.

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.

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