Cheap Apartments for Rent in the Gateway Neighborhood of Mountlake Terrace, WA from $900 (60 Rentals)

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

property at 5003 240th Pl SW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available May 1

5003 240th Pl SW

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

Total Monthly Price

Base Rent
$1,671 - $2,528

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Quartz Creek

4710 212th St SWMountlake Terrace, WA 98043
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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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ION Town Center
Rent Specials
$1,475 - $3,602
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,602

Total Monthly Price
$1,475 - $3,602
Studio to 2 Bedroom Apartments Available Now

ION Town Center

18004 Midvale Ave NShoreline, WA 98133
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192 Shoreline
Studio to 4 Bedroom Apartments

192 Shoreline

19022 Aurora Ave NShoreline, WA 98133
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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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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Gateway, Mountlake Terrace, WA Local Guide

Cheapest Available Gateway Apartments for Rent

 

The cheapest available apartment rental in the Gateway area of Seattle, WA is a Studio unit found at Interurban Lofts (micro housing) priced from $950. The Blakely at Echo Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Gateway apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Interurban Lofts (micro housing)Economical housing option, partially furnished,...Studio,1BA$950
The Blakely at Echo Lake1 Bed 1 Bath1BR,1BA$1,199
Park Edmonds Apartment HomesStudioStudio,1BA$1,257
Sunrise 111x1 Afforable1BR,1BA$1,350
192 ShorelineJammer1BR,1BA$1,355
Arabella Apartment HomesStudio IStudio,1BA$1,369
PacelineOpen 1x11BR,1BA$1,378
Terrace Heights1x11BR,1BA$1,400
QUINN BY VINTAGET9611A1BR,1BA$1,406
ION Town CenterStudio DStudio,1BA$1,475

Best Value Apartments for Rent in Gateway, WA

As of April 30, 2026 the best value apartment in the Gateway area is the $2.31 price per square foot 2 bedroom - renovated Model at Northern Lights in the in the East Terrace neighborhood starting from $2,125. The second greatest value Gateway apartment is the Two Bedroom One Bathroom Model at Pinewood Square Apartment Homes starting at $1,825 with a $2.15 price per square foot in the Seattle Heights neighborhood. Here is today’s list of the best values for Gateway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Northern Lights2 bedroom - renovated2BR,1BA$2.31
Pinewood Square Apartment HomesTwo Bedroom One Bathroom2BR,1BA$2.15
The Ballinger2BR/1.0BA2BR,1BA$2.29
Lakeside ApartmentsOne Bedroom1BR,1BA$2.10
Scriber Creek ApartmentsRose1BR,1BA$2.25
Terrace Heights1x1 w/Garage1BR,1BA$2.23
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.38
Sunrise 111x1 Afforable1BR,1BA$1.99
AndorraVilla SM1BR,1BA$2.31
QUINN BY VINTAGET9611A1BR,1BA$2.13

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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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Pet Friendly Lifestyle
Gateway, Mountlake Terrace, WA

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northern Seattle. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Gateway Apartments

What is a cheap apartment in Gateway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gateway is under $1,475.

What is the price of a cheap apartment in Gateway?

The cheapest apartment in Gateway is The Blakely at Echo Lake which is listed at $1,199, while the average apartment in Gateway costs $2,657.

What types of apartments are the cheapest in Gateway?

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 36 regular apartments in Gateway 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 Gateway?

Cheap apartments in Gateway have an average cost of $747 which is $1,910 cheaper than the average rent for all rentals in Gateway.

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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