Cheap Homes for Rent in Martha Lake Neighborhood of Lynnwood, WA from $800 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Martha Lake area of Lynnwood.

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.

property at 16724 20th Ave W

16724 20th Ave W

LynnwoodWA98037

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

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. Puget Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,576. 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
Puget ParkAvalon1BR,1BA$1,576
Madison WayBaker1BR,1BA$1,582

Best Value Apartments for Rent in Martha Lake, WA

As of June 23, 2025 the best value apartment in the Martha Lake area is the $1.75 price per square foot Murphy Model at Gateway Apartments in the in the Martha Lake neighborhood starting from $2,154. The second greatest value Martha Lake apartment is the 3x2 Renovated Model at The Marina at Martha Lake starting at $2,695 with a $2.25 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.
Gateway ApartmentsMurphy3BR,2BA$1.75
The Marina at Martha Lake3x2 Renovated3BR,2BA$2.25
Parkwood at Mill CreekTwo Bedroom2BR,2BA$2.01
Station at Mill Creek2br 1.5ba2BR,1.5BA$1.80
Millwood EstatesMadrona2BR,2BA$2.15
The DistrictHayes2BR,2BA$2.04
Madison WayBaker1BR,1BA$1.83
Meadows at Martha Lake1x1 B1BR,1BA$2.15
Puget ParkAvalon1BR,1BA$1.93
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1.64

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Frequently Asked Questions about Martha Lake

What type of rentals are currently available in Martha Lake?

There are currently 72 Apartments for Rent in Martha Lake, WA with pricing that ranges from $1,365 to $4,174. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martha Lake ranging from $855 to $5,000.

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 $855 to $5,000 with an average monthly rent of $2,747.

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 $1,961 to $4,174, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $4,500. Four Bedroom Single-Family rentals are also available starting from $855 and Four Bedroom Apartments start at $2,198.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.