Cheap Apartments for Rent in Mountlake Terrace, WA from $1,000 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Mountlake Terrace.

Moutainlake Senior Living Apartments

City Center at Lynnwood

The Blakely at Echo Lake

Beaver Creek

1121 N 200th St
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.

Ion Town Center Apartments

Alderwood Court Senior Affordable Apartments

Compass Apartments

Destinations Lynnwood 61+ Active Adult Apartment Homes

Pinewood Square Apartment Homes

Ember

Postmark Apartments

Tanglewood Apartments

Octavia

Heather Ridge Apartments

Park Edmonds Apartment Homes

Park 212 Apartment Homes
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.

Reserve at Lynnwood 55+ Affordable Living

Green Leaf Shoreline

Two 10 by Vintage

Scriber Creek Apartments

6106 NE 192nd Pl

Alta Norra

Kinect at Shoreline
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.

The 205 Apartments
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.

Timber Grove Apartments in Lynnwood, WA
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.
Mountlake Terrace, WA Local Guide

How much does it cost to rent an apartment in Mountlake Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Mountlake Terrace Studio Apartments | $1,662 | $1,300 | $2,360 |
Cheap Mountlake Terrace 1 Bedroom Apartments | $2,025 | $1,199 | $3,778 |
Cheap Mountlake Terrace 2 Bedroom Apartments | $2,500 | $1,399 | $5,448 |
Cheap Mountlake Terrace 3 Bedroom Apartments | $2,840 | $1,919 | $7,917 |
Cheap Mountlake Terrace 4 Bedroom Apartments | $2,904 | $2,209 | $10,000+ |
Browse Top Apartments in Mountlake Terrace
See all Apartments in Mountlake TerraceExplore Mountlake Terrace
Mountlake Terrace, WA Local Guide
- Mountlake Terrace Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. The Blakely at Echo Lake 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
192 Shoreline | Goat | 1BR,1BA | $1,099 |
The Blakely at Echo Lake | 1 Bed 1 Bath | 1BR,1BA | $1,199 |
City Center at Lynnwood | A5 | 1BR,1BA | $1,199 |
Koz on Alderwood Mall Blvd | Type D | Studio,1BA | $1,300 |
Sunrise 11 | 1x1 | 1BR,1BA | $1,325 |
Alderwood Court Senior Affordable Apartments | A1 | 1BR,1BA | $1,399 |
Ion Town Center Apartments | 1x1K - MFTE | 1BR,1BA | $1,399 |
Compass Apartments | The Waldron, The Decatur and The Sucia | 1BR,1BA | $1,400 |
Ember | STUDIO MFTE | Studio,1BA | $1,460 |
Postmark Apartments | Studio MFTE | Studio,1BA | $1,469 |
Best Value Apartments for Rent in Mountlake Terrace, WA
As of September 15, 2025 the best value apartment in the Mountlake Terrace area is the $2.11 price per square foot Three Bedroom Two Bath I Model at Arabella Apartment Homes in the in the Lake Ballinger neighborhood starting from $2,599. The second greatest value Mountlake Terrace apartment is the 2BR/1.5BA Model at 5707 Townhouses starting at $2,345 with a $2.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arabella Apartment Homes | Three Bedroom Two Bath I | 3BR,2BA | $2.11 |
5707 Townhouses | 2BR/1.5BA | 2BR,1.5BA | $2.11 |
EDMONDS HIGHLANDS | Two Bedroom Two Bath | 2BR,2BA | $1.81 |
FAIRWAY EDMONDS | One Bedroom and One and Half Bath | 1BR,1.5BA | $1.85 |
752 N 195th St, Unit Carriage House | 752 N 195th St | 1BR,1BA | $2.14 |
SUN Sunset Villa | 2BR/1.0BA | 2BR,1BA | $2.14 |
Beaver Creek | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $2.07 |
Woodview Apartments | Two Bed/One bath | 2BR,1BA | $2.12 |
Twin Firs | 1x1 | 1BR,1BA | $1.82 |
Sunrise 11 | 1x1 | 1BR,1BA | $1.95 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mountlake Terrace, WA Rentals by Map
See the most popular apartments and homes in Mountlake Terrace, WA
Getting Around Mountlake Terrace, WA
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
2 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Koz on Alderwood Mall Blvd listed at $1,300.
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 Scriber Creek Apartments and starts from $1,987.
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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.