Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,200 (13 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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Hillcrest Estates
1 to 3 Bedroom Apartments

Hillcrest Estates

1007 130th Ave SWEverett, WA 98204

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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. 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 ListingModel NameBed/BathPriced From
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1,259
Windstone1 Bedroom1BR,1BA$1,393
Puget ParkAvalon1BR,1BA$1,433
Madison WayBaker1BR,1BA$1,436
Hangar 128 Apartments1 Bedroom 1 Bathroom1BR,1BA$1,437

Best Value Apartments for Rent in Martha Lake, WA

As of October 05, 2025 the best value apartment in the Martha Lake area is the $1.92 price per square foot 3 Beds, 2.5 Baths Model at Pinnacle Townhomes in the in the Martha Lake neighborhood starting from $2,749. The second greatest value Martha Lake apartment is the 4 Bedroom, 2 Bath Model at Heatherwood starting at $2,407 with a $1.73 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.
Pinnacle Townhomes3 Beds, 2.5 Baths3BR,2.5BA$1.92
Heatherwood4 Bedroom, 2 Bath4BR,2BA$1.73
Parkwood at Mill CreekThree Bedroom3BR,2BA$2.25
Gateway ApartmentsMurphy3BR,2BA$1.76
Station at Mill Creek2br 1.5ba2BR,1.5BA$2.20
Millwood EstatesMadrona2BR,2BA$2.06
Madison WayBaker1BR,1BA$1.66
Puget ParkAvalon1BR,1BA$1.75
Monterra in Mill Creek1 Bed 1 Bath1BR,1BA$2.26
Windstone1 Bedroom1BR,1BA$2.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Martha Lake, Lynnwood, WA

Ranked #9

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

Getting Around the Martha Lake Neighborhood in Lynnwood, WA

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 $1,717.

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 $2,851.

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 115 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 $1,412 which is $1,439 cheaper than the average rent for all rentals in Martha Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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For many people, obstacles can arise during the rental application process for a variety of issues.