Cheap Homes for Rent in Martha Lake Neighborhood of Lynnwood, WA from $1,500 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

Best Value Apartments for Rent in Martha Lake, WA

As of November 15, 2025 the best value apartment in the Martha Lake area is the $1.73 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 Three Bedroom Model at Parkwood at Mill Creek starting at $2,759 with a $2.24 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.
Heatherwood4 Bedroom, 2 Bath4BR,2BA$1.73
Parkwood at Mill CreekThree Bedroom3BR,2BA$2.24
Gateway ApartmentsMurphy ADA3BR,2BA$1.76
The Marina at Martha Lake2x2 Premium2BR,2BA$2.18
Station at Mill Creek2br 1.5ba2BR,1.5BA$2.20
Madison WayBaker1BR,1BA$1.66
The Ardent at Mill Creek2 Bed, 1 Bath A Upgraded (80% Income Restricted)2BR,1BA$2.34
Puget ParkAvalon1BR,1BA$1.76
Windstone1 Bedroom1BR,1BA$2.14
Millwood EstatesCypressStudio ,1BA$2.34

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Martha Lake, Lynnwood, WA

Ranked #8

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Martha Lake

What type of rentals are currently available in Martha Lake?

There are currently 70 Apartments for Rent in Martha Lake, WA with pricing that ranges from $1,433 to $14,109. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Martha Lake ranging from $1,500 to $4,300.

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 $4,300 with an average monthly rent of $3,191.

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 $1,861 to $3,567, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,499 to $3,495. Four Bedroom Single-Family rentals are also available starting from $3,295 and Four Bedroom Apartments start at $2,099.

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.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.