
Cheap Apartments for Rent in the Lake Ballinger Neighborhood of Mountlake Terrace, WA from $1,100 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Ballinger area of Mountlake Terrace.


5506 220th St SW

Delta Estates

Andorra

Moutainlake Senior Living Apartments
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1121 N 200th St

Pacific Park Apartment Homes

Ballinger Place, LLC

QUINN BY VINTAGE

Park Edmonds Apartment Homes
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Largo Vista Apartments

7311 224th St SW

Willowbrook Apartments

Sunset Villa

Forest Creek Apartments
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Park Ballinger
Lake Ballinger, Mountlake Terrace, WA Local Guide

How much does it cost to rent an apartment in Lake Ballinger?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Ballinger Studio Apartments | $1,737 | $1,150 | $2,110 |
| Lake Ballinger 1 Bedroom Apartments | $1,815 | $1,325 | $2,425 |
| Lake Ballinger 2 Bedroom Apartments | $2,433 | $1,800 | $3,495 |
| Lake Ballinger 3 Bedroom Apartments | $2,950 | $1,999 | $4,340 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Lake Ballinger Neighborhood of Mountlake Terrace, WA.
See all Apartments in Mountlake TerraceExplore Mountlake Terrace
Cheapest Available Lake Ballinger Apartments for Rent
 The cheapest available apartment rental in the Lake Ballinger area of Seattle, WA is a Studio unit found at Sunrise 11 priced from $1,125. Pacific Park Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Lake Ballinger apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunrise 11 | Studio | Studio,1BA | $1,125 |
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $1,495 |
| Andorra | Villa SM | 1BR,1BA | $1,539 |
| Ballinger Place, LLC | 1x1 W/D | 1BR,1BA | $1,595 |
| QUINN BY VINTAGE | T9611B | 1BR,1BA | $1,599 |
Best Value Apartments for Rent in Lake Ballinger, WA
As of January 14, 2026 the best value apartment in the Lake Ballinger area is the $2.43 price per square foot Caladium Model at Hazel Apartments in the in the Downtown Edmonds neighborhood starting from $2,525. The second greatest value Lake Ballinger apartment is the 2 Bed 2 Bath C Model at Arbor Village starting at $2,599 with a $2.51 price per square foot in the East Terrace neighborhood. Here is today’s list of the best values for Lake Ballinger apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hazel Apartments | Caladium | 2BR,2BA | $2.43 |
| Arbor Village | 2 Bed 2 Bath C | 2BR,2BA | $2.51 |
| Woodview Apartments | Two Bed/One bath | 2BR,1BA | $2.12 |
| Ballinger Place, LLC | 1x1 W/D | 1BR,1BA | $2.22 |
| Park Edmonds Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.43 |
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $2.27 |
| Andorra | Villa SM | 1BR,1BA | $2.28 |
| QUINN BY VINTAGE | T9611A | 1BR,1BA | $2.51 |
| The Ballinger | 1BR/1.0BA | 1BR,1BA | $2.68 |
| Sunrise 11 | Studio | Studio ,1BA | $2.05 |
Frequently Asked Questions about Cheap Lake Ballinger Apartments
What is the price of a cheap apartment in Lake Ballinger?
The cheapest apartment in Lake Ballinger is Sunrise 11 which is listed at $1,350, while the average apartment in Lake Ballinger costs $3,200.
What types of apartments are the cheapest in Lake Ballinger?
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 23 regular apartments in Lake Ballinger 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 Lake Ballinger?
Cheap apartments in Lake Ballinger have an average cost of $736 which is $2,464 cheaper than the average rent for all rentals in Lake Ballinger.
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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Articles, How-To's, and Tips

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
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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.

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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.

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Everything is a negotiation in real estate!