
Cheap Homes for Rent in Mountlake Terrace, WA from $1,000 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Mountlake Terrace.


18004 Midvale Ave N

18004 Midvale Ave N

18004 Midvale Ave N

18004 Midvale Ave N
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.

7311 224th St SW

18004 Midvale Ave N

6113 204th St SW

5030 212th St SW
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.

2720 204th St SW

5731 200th St SW

20832 76th Ave W

Furnished Studio-Seattle - Lynnwood

4901 241st St SW

19230 Forest Park Dr NE
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.
Mountlake Terrace, WA Local Guide

How much does it cost to rent a home in Mountlake Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mountlake Terrace 2 Bedroom Homes for Rent | $2,334 | $1,799 | $3,300 |
| Mountlake Terrace 3 Bedroom Homes for Rent | $3,011 | $2,200 | $4,500 |
| Mountlake Terrace 4 Bedroom Homes for Rent | $3,773 | $3,200 | $4,000 |
| Mountlake Terrace 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Top Homes for Rent in Mountlake Terrace
Explore Mountlake Terrace
Mountlake Terrace, WA Local Guide
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Cheapest Available Mountlake Terrace Apartments for Rent
 The cheapest available apartment rental in Mountlake Terrace, WA is a Studio unit found at 192 Shoreline in the Lake Ballinger neighborhood priced from $950. Sunrise 11 in the East Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Mountlake Terrace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 192 Shoreline | Bout | Studio,1BA | $950 |
| Sunrise 11 | Studio | 1BR,1BA | $1,125 |
| The Blakely at Echo Lake | 1 Bed 1 Bath | 1BR,1BA | $1,199 |
| City Center at Lynnwood | A9 | 1BR,1BA | $1,199 |
| Ion Town Center Apartments | Studio B MFTE | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Mountlake Terrace, WA
As of December 29, 2025 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 Two Bedroom Two Bath Model at EDMONDS HIGHLANDS starting at $2,018 with a $1.86 price per square foot in the Downtown Edmonds 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. |
|---|---|---|---|
| Edgewood North | Three Bedroom and Two and Half Bath | 3BR,2.5BA | $2.09 |
| EDMONDS HIGHLANDS | Two Bedroom Two Bath | 2BR,2BA | $1.86 |
| Cypress Heights Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.86 |
| Sunset Villa | 2BR/1.0BA | 2BR,1BA | $1.78 |
| Beaver Creek | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $2.02 |
| Woodview Apartments | Two Bed/One bath | 2BR,1BA | $2.12 |
| Scriber Creek Apartments | Bellflower | 1BR,1BA | $1.93 |
| Lakeside Apartments | One Bedroom | 1BR,1BA | $2.18 |
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $2.20 |
| Sunrise 11 | Studio | Studio ,1BA | $2.05 |
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.
Read ArticleSeattle 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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticlePicking 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
Read ArticleQuick 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
Frequently Asked Questions about Mountlake Terrace
What type of rentals are currently available in Mountlake Terrace?
There are currently 422 Apartments for Rent in Mountlake Terrace, WA with pricing that ranges from $1,125 to $9,296. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountlake Terrace ranging from $1,050 to $4,500.
What is the current price range for Rental Homes in Mountlake Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mountlake Terrace ranges from $1,050 to $4,500 with an average monthly rent of $2,889.
How much are larger Three and Four Bedroom Rentals in Mountlake Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mountlake Terrace range from $2,100 to $6,778, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,209.
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

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.

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.

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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


