Cheap Apartments for Rent in Mountlake Terrace, WA from $1,000 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mountlake Terrace.

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Delta Estates
2 Bedroom Apartments

Delta Estates

21912 64th Ave WMountlake Terrace, WA 98043
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Andorra
1 to 2 Bedroom Apartments

Andorra

22817 Lakeview DrMountlake Terrace, WA 98043
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Lakeside Apartments
1 to 3 Bedroom Apartments

Lakeside Apartments

6102 St Albion WayMountlake Terrace, WA 98043

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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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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The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Mountlake Terrace, WA Local Guide

Cheapest Available Mountlake Terrace Apartments for Rent

 

The cheapest available apartment rental in Mountlake Terrace, WA is a 1 Bed unit found at 192 Shoreline in the Lake Ballinger neighborhood priced from $1,099. Octavia in the North Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Mountlake Terrace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
192 ShorelineGoat1BR,1BA$1,099
OctaviaVV-One Bedroom1BR,1BA$1,295
Ballinger Court Senior Affordable ApartmentsA41BR,1BA$1,320
Sunrise 111x1 Afforable1BR,1BA$1,350
The Blakely at Echo Lake2 Bed 1 Bath2BR,1BA$1,399
Arabella Apartment Homes IIStudio IIStudio,1BA$1,425
Postmark ApartmentsOne Bedroom MFTE1BR,1BA$1,425
Koz on Alderwood Mall BlvdType EStudio,1BA$1,450
Green Leaf ShorelineStu - Income LimitedStudio,1BA$1,475
Pacific Park Apartment HomesOne Bedroom1BR,1BA$1,495

Best Value Apartments for Rent in Mountlake Terrace, WA

As of January 23, 2026 the best value apartment in the Mountlake Terrace area is the $2.09 price per square foot Three Bedroom and Two and Half Bath Model at Edgewood North in the in the Seattle Heights neighborhood starting from $2,700. The second greatest value Mountlake Terrace apartment is the Daffodil ADA Model at Scriber Creek Apartments starting at $2,209 with a $1.78 price per square foot in the East Terrace neighborhood. Here is today’s list of the best values for Mountlake Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edgewood NorthThree Bedroom and Two and Half Bath3BR,2.5BA$2.09
Scriber Creek ApartmentsDaffodil ADA4BR,2BA$1.78
Kingswood Townhome Apartments2BR/1.5BA2BR,1.5BA$1.75
5707 Townhouses2BR/1.5BA2BR,1.5BA$2.06
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
7911 236th St SW, Unit Apt B7911 236th St SW2BR,1BA$1.90
Cypress Heights Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.86
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$2.02
Woodview ApartmentsTwo Bed/One bath2BR,1BA$2.12
Sunrise 111x1 Afforable1BR,1BA$1.99

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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The 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.

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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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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mountlake Terrace, WA Rentals by Map

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See the most popular apartments and homes in Mountlake Terrace, WA

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Frequently Asked Questions about Cheap Mountlake Terrace Apartments

What is the Cheapest Studio apartment in Mountlake Terrace?

Currently the most affordable Cheap Studio Apartment in Mountlake Terrace is at Arabella Apartment Homes II listed at $1,425.

How much is rent for a Cheap One Bedroom Mountlake Terrace Apartment?

The lowest price for a Cheap One Bedroom Mountlake Terrace Apartment is $1,099 at 192 Shoreline.

What is the lowest price for a Cheap Two Bedroom Mountlake Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mountlake Terrace is starting from $1,399 at The Blakely at Echo Lake.

What is the most affordable Mountlake Terrace Three Bedroom Apartment?

The best deal on a cheap Mountlake Terrace Three Bedroom Apartment rental is at 192 Shoreline and starts from $1,771.

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.

Helpful Local Expert Guides

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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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Picking the Perfect Seattle Neighborhood for College Life

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.