Cheap Apartments for Rent in the Shelby Neighborhood of Lynnwood, WA from $1,000 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shelby area of Lynnwood.

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.

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Knox
Rent Specials
$1,669 - $3,019
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$1,669 - $3,019

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Studio to 2 Bedroom Apartments Available Now

Knox

16200 Admiralty WayLynnwood, WA 98087
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Keeler's Corner
$1,674 - $2,843
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$1,674 - $2,843

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1 to 3 Bedroom Apartments Available Now

Keeler's Corner

4525 164th St SWLynnwood, WA 98087
Corporate Housing
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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.

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Westwood Apartments
1 to 2 Bedroom Apartments

Westwood Apartments

17422-17432 52nd Ave WLynnwood, WA 98037
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Mt View Apartments
1 to 2 Bedroom Apartments

Mt View Apartments

4113 156th St SWLynnwood, WA 98087
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Cash 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.

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Novela
1 to 3 Bedroom Apartments

Novela

16604 48th Ave WLynnwood, WA 98037

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.

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Portsmith
1 to 3 Bedroom Apartments

Portsmith

12121 Admiralty WayEverett, WA 98204
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Sofi Lakeside
1 to 3 Bedroom Apartments

Sofi Lakeside

12402 Admiralty WayEverett, WA 98204

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Bluegrass Condos
2 Bedroom Apartments

Bluegrass Condos

12404 E Gibson RdEverett, WA 98204
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Shelby, Lynnwood, WA Local Guide

Cheapest Available Shelby Apartments for Rent

 

The cheapest available apartment rental in the Shelby area of Seattle, WA is a 1 Bed unit found at Ovation at Paine Field 55+ Senior Community priced from $1,353. Camelot Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Shelby apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Ovation at Paine Field 55+ Senior CommunityBeverly1BR,1BA$1,353
Camelot Apartment HomesStudioStudio,1BA$1,395
Eagles Landing ApartmentsStudioStudio,1BA$1,399
Northpointe Apartments1 Bed 1 Bath1BR,1BA$1,495
Hillcrest Estates1 Bed 1 Bath1BR,1BA$1,500
Campo Basso Apartment HomesStudioStudio,1BA$1,525
Allegro ApartmentsStudio B - The WoodsStudio,1BA$1,550
Hangar 128 Apartments1 Bedroom 1 Bathroom1BR,1BA$1,576
The VantageDogwood1BR,1BA$1,581
Green Hill ApartmentsStudio A2a Bldg AStudio,1BA$1,645

Best Value Apartments for Rent in Shelby, WA

As of July 16, 2026 the best value apartment in the Shelby area is the $1.87 price per square foot Providence Model at Portsmith in the in the Shelby neighborhood starting from $2,644. The second greatest value Shelby apartment is the 2 Bed 2 Bath Model at Evergreen Grove starting at $1,956 with a $1.75 price per square foot in the Meadowdale neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PortsmithProvidence3BR,2BA$1.87
Evergreen Grove2 Bed 2 Bath2BR,2BA$1.75
5123 Monticello Dr., Unit B5123 Monticello Dr.2BR,1BA$1.77
Manor WaySutton2BR,2BA$1.76
Hampton Court2x1A2BR,1BA$1.73
SaratogaB22BR,2BA$2.02
Canyon Springs2X12BR,1BA$2.08
Madison WayBaker1BR,1BA$1.83
RavenswoodHemlock1BR,1BA$1.99
Northpointe Apartments1 Bed 1 Bath1BR,1BA$2.07

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Lifestyle Ratings

Our team works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Shelby, Lynnwood, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Shelby Apartments

What is a cheap apartment in Shelby?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shelby is under $1,645.

What is the price of a cheap apartment in Shelby?

The cheapest apartment in Shelby is Ovation at Paine Field 55+ Senior Community which is listed at $1,353, while the average apartment in Shelby costs $11,295.

What types of apartments are the cheapest in Shelby?

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 46 regular apartments in Shelby 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 Shelby?

Cheap apartments in Shelby have an average cost of $757 which is $10,538 cheaper than the average rent for all rentals in Shelby.

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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