
Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Martha Lake area of Lynnwood.


Meadows at Martha Lake

16420 6th Ave W

Total Monthly Price
16420 6th Ave W, Unit #3

Millwood Estates

Green Hill Apartments

Allegro Apartments

Heritage Ridge
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Madison Way

Martha Lake

Heatherwood

Latitude

Hangar 128 Apartments

Hillcrest Estates

2017 Gibson Rd, Unit 2017 Gibson Road B

West Ridge Apartments
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Puget Park

The District

The Ardent at Mill Creek

The Hawthorne Apartments

Total Monthly Price
12817 4th Dr SE, Unit 4

The Reserve at Town Center

Gateway Apartments

Bailey Farm
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Station at Mill Creek

Parkwood at Mill Creek

Total Monthly Price
North Country Manor Apartments

Total Monthly Price
The Marina at Martha Lake

1526 192nd St SE

1215 Dumas Rd

Laurels at Mill Creek

18930 Bothell Everett Hwy
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921 130th St SW

12906 8th Ave W

Windstone

Eastwood Apartments

North Creek Landing Apartments

Waterstone at North Creek

Monterra in Mill Creek

18930 Bothell-Everett Hwy
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1526 192nd St SE
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 | $1,970 | $1,550 | $2,160 |
| Martha Lake 1 Bedroom Apartments | $1,960 | $1,369 | $2,495 |
| Martha Lake 2 Bedroom Apartments | $2,311 | $1,548 | $5,100 |
| Martha Lake 3 Bedroom Apartments | $2,592 | $1,918 | $5,862 |
| Martha Lake 4 Bedroom Apartments | $2,264 | $1,999 | $2,618 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Martha Lake Neighborhood of Lynnwood, WA.
See all Apartments in LynnwoodExplore Lynnwood
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 $1,369. Hangar 128 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,447. 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 | $1,369 |
| Hangar 128 Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,447 |
| Hillcrest Estates | 1 Bed 1 Bath | 1BR,1BA | $1,499 |
| West Ridge Apartments | 2x2 | 2BR,2BA | $1,575 |
| Laurels at Mill Creek | Huckleberry | 1BR,1BA | $1,599 |
| Millwood Estates | Aspen | 1BR,1BA | $1,618 |
| Urban Center | 1 Bedroom 1 Bath B | 1BR,1BA | $1,638 |
| Green Hill Apartments | Studio A2a Bldg A | Studio,1BA | $1,645 |
| The Ardent at Mill Creek | 1 Bed, 1 Bath A Upgraded | 1BR,1BA | $1,722 |
Best Value Apartments for Rent in Martha Lake, WA
As of July 24, 2026 the best value apartment in the Martha Lake area is the $2.05 price per square foot 4 Bedroom, 2 Bath Model at Heatherwood in the in the Martha Lake neighborhood starting from $2,618. The second greatest value Martha Lake apartment is the Meridian Model at Puget Park starting at $1,950 with a $1.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heatherwood | 4 Bedroom, 2 Bath | 4BR,2BA | $2.05 |
| Puget Park | Meridian | 3BR,2BA | $1.58 |
| The District | Monroe | 3BR,2BA | $1.98 |
| Madison Way | Rainier | 2BR,2BA | $1.68 |
| Gateway Apartments | Jetty | 2BR,2BA | $1.77 |
| West Ridge Apartments | 2x2 | 2BR,2BA | $1.57 |
| 12817 4th Dr SE, Unit 4 | 12817 4th Dr SE | 1BR,1BA | $2.07 |
| Latitude | 2 Bedroom 1 Bath | 2BR,1BA | $2.09 |
| Meadows at Martha Lake | 1x1 B | 1BR,1BA | $2.15 |
| 16420 6th Ave W, Unit #3 | 16420 6th Ave W | 1BR,1BA | $2.13 |
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Read ArticleReal 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.
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 $1,722.
What is the price of a cheap apartment in Martha Lake?
The cheapest apartment in Martha Lake is Heatherwood which is listed at $1,369, while the average apartment in Martha Lake costs $2,400.
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 43 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 $980 which is $1,420 cheaper than the average rent for all rentals in Martha Lake.
Expert Rental Resources
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