
Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,300 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Martha Lake area of Lynnwood.


Urban Center

Meadows at Martha Lake

Millwood Estates

Green Hill Apartments

Heritage Ridge

Madison Way

18901 24th Ave W

Martha Lake
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16817 Larch Way

Pinnacle Townhomes

312 164th St SW

Hangar 128 Apartments

Hillcrest Estates

Puget Park

2017 Gibson Rd, Unit 2017 Gibson Road B

Heatherwood

West Ridge Apartments
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The District

Total Monthly Price
The Ardent at Mill Creek

Total Monthly Price
North Country Manor Apartments

Total Monthly Price
Waterstone at North Creek

Total Monthly Price
The Hawthorne Apartments

Bailey Farm

The Reserve at Town Center

Total Monthly Price
Gateway Apartments

Station at Mill Creek
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Parkwood at Mill Creek

Total Monthly Price
The Marina at Martha Lake

Total Monthly Price
16702 North Rd, Unit #3

Laurels at Mill Creek

225 164th St SE

13011 E Gibson Rd

North Creek Landing Apartments

Latitude

Monterra in Mill Creek
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18910 Bothell Everett Hwy
Martha Lake, Lynnwood, WA Local Guide

How much does it cost to rent an apartment in Martha Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martha Lake Studio Apartments | $1,880 | $1,500 | $2,160 |
| Martha Lake 1 Bedroom Apartments | $1,972 | $1,386 | $2,495 |
| Martha Lake 2 Bedroom Apartments | $2,233 | $1,524 | $5,443 |
| Martha Lake 3 Bedroom Apartments | $2,438 | $1,699 | $4,304 |
| Martha Lake 4 Bedroom Apartments | $2,212 | $1,999 | $2,440 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Martha Lake Neighborhood of Lynnwood, WA.
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Martha Lake, Lynnwood, WA Local Guide
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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. Hangar 128 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,386. Here are the most affordable Martha Lake apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heatherwood | 1 Bedroom, 1 Bath | 1BR,1BA | $1,259 |
| Hangar 128 Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,386 |
| Hillcrest Estates | 1 Bed 1 Bath | 1BR,1BA | $1,399 |
| Allegro Apartments | Studio D - The Woods | Studio,1BA | $1,500 |
| Urban Center | 1 Bedroom 1 Bath A | 1BR,1BA | $1,520 |
| Millwood Estates | Cypress | Studio,1BA | $1,553 |
| Green Hill Apartments | Studio A2a Bldg B | Studio,1BA | $1,575 |
| Martha Lake | Plan 1B | 1BR,1BA | $1,597 |
| West Ridge Apartments | 2x2 | 2BR,2BA | $1,600 |
| North Country Manor Apartments | 1 Bed, 1 Bath - Find Your Privacy Here. | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Martha Lake, WA
As of April 06, 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 Jackson Model at The District starting at $2,223 with a $1.71 price per square foot in the Thrasher's Corner neighborhood. Here is today’s list of the best values for Martha Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Madison Way | Adams | 4BR,2BA | $1.59 |
| The District | Jackson | 4BR,2BA | $1.71 |
| Heatherwood | 3 Bedroom, 2 Bath | 3BR,2BA | $1.75 |
| Parkwood at Mill Creek | Plan 2A | 2BR,2BA | $1.97 |
| Puget Park | Mariner | 2BR,2BA | $1.54 |
| West Ridge Apartments | 2x2 with Yard | 2BR,2BA | $1.84 |
| Station at Mill Creek | 2br 1.5ba | 2BR,1.5BA | $2.20 |
| Meadows at Martha Lake | 1x1 B | 1BR,1BA | $2.15 |
| Hillcrest Estates | 1 Bed 1 Bath | 1BR,1BA | $2.10 |
| Hangar 128 Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.22 |
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Read ArticleQuick 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.
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 $6,858.
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 86 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 $1,084 which is $5,774 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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Articles, How-To's, and Tips

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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.