Cheap Apartments for Rent near Martha Lake, WA from $1,420 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Martha Lake.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Knox
Rent Specials
$1,739 - $4,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,739 - $4,145

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Knox

16200 Admiralty WayLynnwood, WA 98087
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 18930 Bothell Everett Hwy

$2,450

2 Bedroom, 2 Bath Rentals

Available Now

E201

18930 Bothell Everett Hwy
BothellWA98012
property at 16817 Larch Way

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

16817 Larch Way

LynnwoodWA98037

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.

Cheapest Available Martha Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Martha Lake, WA is a 1 Bed unit found at Hangar 128 Apartments in the Martha Lake neighborhood priced from $1,447. Urban Center in the Martha Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,599. Here is today’s list of the most affordable Martha Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hangar 128 Apartments1 Bedroom 1 Bathroom1BR,1BA$1,447
Urban Center1 Bedroom 1 Bath A1BR,1BA$1,599
Millwood EstatesAspen1BR,1BA$1,618
Green Hill ApartmentsStudio A2a Bldg AStudio,1BA$1,645
Bothell RidgeCountryside1BR,1BA$1,647
Avana One Six FourA1 - Renovated1BR,1BA$1,730
Allegro ApartmentsStudio 2 Ash CreekStudio,1BA$1,731
RavenswoodHemlock1BR,1BA$1,739
KnoxS1Studio,1BA$1,739
The Ardent at Mill Creek1 Bed, 1 Bath A Upgraded1BR,1BA$1,765

Best Value Apartments for Rent in Martha Lake, WA and Nearby

As of August 22, 2026 the best value apartment in the Martha Lake area is the $2.05 price per square foot Jackson Model at The District in the in the Thrasher's Corner neighborhood starting from $2,662. The second greatest value Martha Lake apartment is the 4 Bedroom, 2 Bath Model at Heatherwood starting at $2,618 with a $2.05 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.
The DistrictJackson4BR,2BA$2.05
Heatherwood4 Bedroom, 2 Bath4BR,2BA$2.05
Parkwood at Mill CreekPlan 2A2BR,2BA$1.85
Puget ParkMariner2BR,2BA$1.79
Station at Mill Creek2br 1.5ba2BR,1.5BA$2.20
Meadows at Martha Lake1x1 B1BR,1BA$2.15
Tamaron Ranch2 Bed 1.5 Bath2BR,1.5BA$2.27
RavenswoodHemlock1BR,1BA$2.16
Avana One Six FourA1 - Renovated1BR,1BA$2.22
Hangar 128 Apartments1 Bedroom 1 Bathroom1BR,1BA$2.32

Frequently Asked Questions about Cheap Martha Lake Apartments

What is the Cheapest Studio apartment in Martha Lake?

Currently the most affordable Cheap Studio Apartment in Martha Lake is at Green Hill Apartments listed at $1,645.

How much is rent for a Cheap One Bedroom Martha Lake Apartment?

The lowest price for a Cheap One Bedroom Martha Lake Apartment is $1,447 at Hangar 128 Apartments.

What is the lowest price for a Cheap Two Bedroom Martha Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Martha Lake is starting from $1,641 at Hangar 128 Apartments.

What is the most affordable Martha Lake Three Bedroom Apartment?

The best deal on a cheap Martha Lake Three Bedroom Apartment rental is at Puget Park and starts from $2,025.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.