Cheap Apartments for Rent in Mountlake Terrace, WA from $1,150 (140 Rentals)

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

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Taluswood Apartments
$1,680 - $3,674

Total Monthly Price

Base Rent$1,680 - $3,674
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Taluswood Apartments

4208 236th St SWMountlake Terrace, WA 98043
55+ Active Adult
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property at 4501 241st Ct SW
$1,700

Total Monthly Price

Base Rent$1,700
Total Monthly Price$1,700
1 Bedroom, 1 Bath Home for Rent
Available Now

4501 241st Ct SW, Unit B

4501 241st Ct SW
Mountlake TerraceWA98043
  • Smoke Free

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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Delta Estates
2 Bedroom Apartments

Delta Estates

21912 64th Ave WMountlake Terrace, WA 98043
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Lakeside Apartments
1 to 3 Bedroom Apartments

Lakeside Apartments

6102 St Albion WayMountlake Terrace, WA 98043
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Andorra
1 to 2 Bedroom Apartments

Andorra

22817 Lakeview DrMountlake Terrace, WA 98043
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Silver Oak
1 to 2 Bedroom Apartments

Silver Oak

21412 48th Ave WMountlake Terrace, WA 98043

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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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Echo Lake Apartments
$1,501 - $4,846

Total Monthly Price

Base Rent$1,501 - $4,846
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Echo Lake Apartments

1150 N 192nd StShoreline, WA 98133
Corporate Housing
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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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Mountlake Terrace, WA Local Guide

Cheapest Available Mountlake Terrace Apartments for Rent

 

The cheapest available apartment rental in Mountlake Terrace, WA is a Studio unit found at Sunrise 11 in the Shoreline neighborhood priced from $1,150. Alderwood Court Senior Affordable Apartments in the North Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Mountlake Terrace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunrise 11StudioStudio,1BA$1,150
Alderwood Court Senior Affordable ApartmentsA11BR,1BA$1,199
Arabella Apartment HomesStudio IStudio,1BA$1,369
Two 10 by Vintage0BD, 1BTH DMStudio,1BA$1,396
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A41BR,1BA$1,399
OctaviaOne Bedroom C1BR,1BA$1,415
Postmark ApartmentsStudio MFTEStudio,1BA$1,425
Pacific Park Apartment HomesStudioStudio,1BA$1,425
Westhaven Commons, a 55+ Community1BR/1.0BA1BR,1BA$1,445
5607 204th St SW2 Beds, 1 Baths2BR,1BA$1,450

Best Value Apartments for Rent in Mountlake Terrace, WA

As of September 09, 2026 the best value apartment in the Mountlake Terrace area is the $1.84 price per square foot Two Bedroom and Two and Half Bath Model at FAIRWAY EDMONDS in the in the Seattle Heights neighborhood starting from $2,225. The second greatest value Mountlake Terrace apartment is the 2BR/1.5BA Model at Kingswood Townhome Apartments starting at $2,200 with a $1.83 price per square foot in the Seattle Heights 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.
FAIRWAY EDMONDSTwo Bedroom and Two and Half Bath2BR,2.1BA$1.84
Kingswood Townhome Apartments2BR/1.5BA2BR,1.5BA$1.83
Nantucket Garden2x22BR,2BA$1.95
Hillside Apartments2 Beds, 1 bath2BR,1BA$1.83
AndorraCordoba2BR,1BA$1.74
Cypress Heights TownhomesTwo Bedroom2BR,1.5BA$1.96
Scriber Creek ApartmentsBluebell2BR,2BA$1.92
Twin Firs Condominiums1x11BR,1BA$1.85
Westhaven Commons, a 55+ Community1BR/1.0BA1BR,1BA$2.06
Sunrise 11StudioStudio ,1BA$2.09

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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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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Pet Friendly Lifestyle
Mountlake Terrace, WA

Ranked #15

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 Sunrise 11 listed at $1,150.

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

The lowest price for a Cheap One Bedroom Mountlake Terrace Apartment is $1,199 at Alderwood Court Senior Affordable Apartments.

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 $1,450 at 5607 204th St SW.

What is the most affordable Mountlake Terrace Three Bedroom Apartment?

The best deal on a cheap Mountlake Terrace Three Bedroom Apartment rental is at QUINN BY VINTAGE and starts from $1,899.

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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