Cheap Apartments for Rent in the East Terrace Neighborhood of Mountlake Terrace, WA from $1,100 (43 Rentals)

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

property at 5003 240th Pl SW

$1,400

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$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

5003 240th Pl SW

Mountlake TerraceWA98043
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Quartz Creek
Rent Specials
$1,671 - $2,528
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$1,671 - $2,528

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1 to 3 Bedroom Apartments Available Now

Quartz Creek

4710 212th St SWMountlake Terrace, WA 98043
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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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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

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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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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Spencer 68
$1,669 - $5,096
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$1,669 - $5,096

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1 to 3 Bedroom Apartments Available Now

Spencer 68

6711 NE 182nd StKenmore, WA 98028
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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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The Woodlynn
1 to 2 Bedroom Apartments

The Woodlynn

6627 200th St SWLynnwood, WA 98036
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Largo Vista Apartments
1 to 2 Bedroom Apartments

Largo Vista Apartments

20333 15th Ave NEShoreline, WA 98155
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Whispering Cedars
1 to 2 Bedroom Apartments

Whispering Cedars

6501 208th St SWLynnwood, WA 98036
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7020 208th St SW
2 Bedroom Apartments

7020 208th St SW

7020 208th St SWLynnwood, WA 98036

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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The Timbers
1 to 2 Bedroom Apartments

The Timbers

18930 68th Ave NEKenmore, WA 98028

East Terrace, Mountlake Terrace, WA Local Guide

Cheapest Available East Terrace Apartments for Rent

 

The cheapest available apartment rental in the East Terrace area of Seattle, WA is a 1 Bed unit found at Sunrise 11 priced from $1,350. Koz on Alderwood Mall Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable East Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sunrise 111x1 Afforable1BR,1BA$1,350
Koz on Alderwood Mall BlvdType EStudio,1BA$1,400
Terrace Heights1x11BR,1BA$1,400
Whispering CedarsOne Bedroom (Shared Laundry)1BR,1BA$1,508
205 ApartmentsOpen 1x1 Knox1BR,1BA$1,530
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,538
Lakeside ApartmentsOne Bedroom1BR,1BA$1,545
AndorraVilla SM1BR,1BA$1,559
Scriber Creek ApartmentsBellflower1BR,1BA$1,582

Best Value Apartments for Rent in East Terrace, WA

As of May 05, 2026 the best value apartment in the East Terrace area is the $2.16 price per square foot 20620 60th Ave W Model at 20620 60th Ave W, Unit D in the in the Seattle Heights neighborhood starting from $2,400. The second greatest value East Terrace apartment is the Two Bedroom and Two Bath Model at MOTIF starting at $2,300 with a $2.26 price per square foot in the East Terrace neighborhood. Here is today’s list of the best values for East Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20620 60th Ave W, Unit D20620 60th Ave W3BR,2BA$2.16
MOTIFTwo Bedroom and Two Bath2BR,2BA$2.26
The Encore2x2 (955 sq ft)2BR,2BA$2.25
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$1.90
Poplar Lane Apartments2/12BR,1BA$2.26
Scriber Creek ApartmentsBellflower1BR,1BA$1.93
Lakeside ApartmentsOne Bedroom1BR,1BA$2.13
Terrace Heights1x1 w/Garage1BR,1BA$2.23
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.26
Sunrise 111x1 Afforable1BR,1BA$1.99

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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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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

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for North Seattle. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Terrace Apartments

What is a cheap apartment in East Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Terrace is under $1,582.

What is the price of a cheap apartment in East Terrace?

The cheapest apartment in East Terrace is Sunrise 11 which is listed at $1,350, while the average apartment in East Terrace costs $2,373.

What types of apartments are the cheapest in East Terrace?

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 41 regular apartments in East Terrace 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 East Terrace?

Cheap apartments in East Terrace have an average cost of $819 which is $1,554 cheaper than the average rent for all rentals in East Terrace.

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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