
Cheap Homes for Rent in Martha Lake Neighborhood of Lynnwood, WA from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Martha Lake area of Lynnwood.


16817 Larch Way
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

13011 E Gibson Rd

16817 Larch Way, Unit c106, Unit c106
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.

16817 Larch Way, Unit C106
Martha Lake, Lynnwood, WA Local Guide

How much does it cost to rent a home in Martha Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Martha Lake 2 Bedroom Homes for Rent | $2,163 | $1,500 | $2,870 |
| Martha Lake 3 Bedroom Homes for Rent | $3,358 | $3,195 | $3,500 |
| Martha Lake 4 Bedroom Homes for Rent | $3,589 | $3,350 | $3,850 |
| Martha Lake 5 Bedroom Homes for Rent | $3,710 | $3,300 | $4,120 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Urban Center priced from $1,299. Hillcrest Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. 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 |
| Hillcrest Estates | 1 Bed 1 Bath | 1BR,1BA | $1,399 |
| Windstone | 1 Bedroom | 1BR,1BA | $1,403 |
Best Value Apartments for Rent in Martha Lake, WA
As of April 27, 2026 the best value apartment in the Martha Lake area is the $1.89 price per square foot 4 Bedroom, 2 Bath Model at Heatherwood in the in the Martha Lake neighborhood starting from $2,407. The second greatest value Martha Lake apartment is the Rainier Model at Madison Way starting at $1,899 with a $1.68 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 | $1.89 |
| Madison Way | Rainier | 2BR,2BA | $1.68 |
| Martha Lake | Plan 3A | 3BR,2BA | $2.12 |
| Puget Park | Mariner | 2BR,2BA | $1.70 |
| Gateway Apartments | Jetty | 2BR,2BA | $1.77 |
| West Ridge Apartments | 2x2 with Yard | 2BR,2BA | $1.84 |
| Hangar 128 Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.87 |
| Meadows at Martha Lake | 1x1 B | 1BR,1BA | $2.15 |
| Hillcrest Estates | 1 Bed 1 Bath | 1BR,1BA | $2.10 |
| Windstone | 1 Bedroom | 1BR,1BA | $2.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
Frequently Asked Questions about Martha Lake
What type of rentals are currently available in Martha Lake?
There are currently 74 Apartments for Rent in Martha Lake, WA with pricing that ranges from $1,258 to $6,841. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martha Lake ranging from $1,500 to $4,120.
What is the current price range for Rental Homes in Martha Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Martha Lake ranges from $1,500 to $4,120 with an average monthly rent of $3,205.
How much are larger Three and Four Bedroom Rentals in Martha Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Martha Lake range from $1,799 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,195 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $1,999.
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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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