Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,200 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Martha Lake area of Lynnwood.

Millwood Estates

Green Hill Apartments

Meadows at Martha Lake

Madison Way

Heatherwood
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.

Hangar 128 Apartments

Windstone

2017 Gibson Rd, Unit 2017 Gibson Road B

The Ardent at Mill Creek

The District

Puget Park
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.

West Ridge Apartments

The Hawthorne Apartments

18930 Bothell Everett Hwy

921 130th St SW
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.
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 | $1,541 | $1,447 | $1,945 |
| Martha Lake 1 Bedroom Apartments | $1,904 | $1,393 | $2,481 |
| Martha Lake 2 Bedroom Apartments | $2,152 | $1,381 | $4,545 |
| Martha Lake 3 Bedroom Apartments | $2,310 | $1,799 | $4,968 |
| Martha Lake 4 Bedroom Apartments | $2,246 | $1,999 | $4,095 |
Browse Apartments in this Neighborhood
There are currently 21 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 Urban Center priced from $1,299. Windstone has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,393. Here are the most affordable Martha Lake apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Urban Center | 1 Bedroom 1 Bath A | 1BR,1BA | $1,299 |
| Windstone | 1 Bedroom | 1BR,1BA | $1,393 |
| Hangar 128 Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,430 |
| Green Hill Apartments | Studio B1 Bldg B | Studio,1BA | $1,500 |
| Madison Way | Baker | 1BR,1BA | $1,582 |
Best Value Apartments for Rent in Martha Lake, WA
As of January 05, 2026 the best value apartment in the Martha Lake area is the $1.68 price per square foot 4 Bedroom, 2 Bath Model at Heatherwood in the in the Martha Lake neighborhood starting from $2,341. The second greatest value Martha Lake apartment is the Murphy Model at Gateway Apartments starting at $2,014 with a $1.64 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 | $1.68 |
| Gateway Apartments | Murphy | 3BR,2BA | $1.64 |
| The Marina at Martha Lake | 3x2 Renovated | 3BR,2BA | $2.08 |
| Puget Park | Mariner | 2BR,2BA | $1.54 |
| West Ridge Apartments | 2x2 | 2BR,2BA | $1.77 |
| Millwood Estates | Madrona | 2BR,2BA | $2.06 |
| North Country Manor Apartments | 2X2 T - Classic | 2BR,2BA | $2.09 |
| Madison Way | Baker | 1BR,1BA | $1.83 |
| Meadows at Martha Lake | 1x1 B | 1BR,1BA | $2.15 |
| Windstone | 1 Bedroom | 1BR,1BA | $2.14 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 the Cheapest Studio apartment in Martha Lake?
Currently the most affordable Cheap Studio Apartment in Martha Lake is at Green Hill Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Martha Lake Apartment?
The lowest price for a Cheap One Bedroom Martha Lake Apartment is $1,299 at Urban Center.
What is the lowest price for a Cheap Two Bedroom Martha Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Martha Lake is starting from $1,463 at Hangar 128 Apartments.
What is the most affordable Martha Lake Three Bedroom Apartment?
The best deal on a cheap Martha Lake Three Bedroom Apartment rental is at Puget Park and starts from $1,799.
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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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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Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





