
Cheap Homes for Rent in the Lake Ballinger Neighborhood of Mountlake Terrace, WA from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Ballinger area of Mountlake Terrace.


8030 238th St SW

8030 238th St SW

19925 Wallingford Ave N

19925 Wallingford Ave N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

1803 N 200th St

19925 Wallingford Ave N

1803 N 200th St

8029 240th St SW

8029 240th St SW
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.

1803 N 200th St

1803 N 200th St

1803 N 200th St

8029 240th St SW

8029 240th St SW
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.

8029 240th St SW

19925 Wallingford Ave N
Lake Ballinger, Mountlake Terrace, WA Local Guide

How much does it cost to rent a home in Lake Ballinger?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Ballinger 2 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
| Lake Ballinger 3 Bedroom Homes for Rent | $2,485 | $2,475 | $2,495 |
| Lake Ballinger 5 Bedroom Homes for Rent | $4,382 | $4,300 | $4,465 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Lake Ballinger Neighborhood of Mountlake Terrace, WA.
Explore Mountlake Terrace
Cheapest Available Lake Ballinger Apartments for Rent
 The cheapest available apartment rental in the Lake Ballinger area of Seattle, WA is a 1 Bed unit found at Sunrise 11 priced from $1,275. Hazel Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here are the most affordable Lake Ballinger apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunrise 11 | 1x1 Afforable | 1BR,1BA | $1,275 |
| Hazel Apartments | Plumeria | 1BR,1BA | $1,525 |
| Pacific Park Apartment Homes | One Bedroom | 1BR,1BA | $1,555 |
| 19837 25th Ave NE | 2 Beds, 1 Baths | 2BR,1BA | $1,595 |
| The Ballinger | 1BR/1.0BA | 1BR,1BA | $1,599 |
Best Value Apartments for Rent in Lake Ballinger, WA
As of July 13, 2026 the best value apartment in the Lake Ballinger area is the $1.61 price per square foot T9632A Model at QUINN BY VINTAGE in the in the Shoreline neighborhood starting from $1,899. The second greatest value Lake Ballinger apartment is the Cordoba Model at Andorra starting at $1,744 with a $1.74 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. |
|---|---|---|---|
| QUINN BY VINTAGE | T9632A | 3BR,2BA | $1.61 |
| Andorra | Cordoba | 2BR,1BA | $1.74 |
| Traxx Apartments | 1 Bedroom 1 Bath Den | 1BR,1BA | $2.69 |
| Sunset Villa | 2BR/1.0BA | 2BR,1BA | $2.03 |
| 19837 25th Ave NE | 2 Beds, 1 Baths | 2BR,1BA | $1.77 |
| Park Ballinger | 2X1 APARTMENT | 2BR,1BA | $2.49 |
| 205 Apartments | 1x1 Chestnut | 1BR,1BA | $2.43 |
| Sunrise 11 | 1x1 | 1BR,1BA | $1.95 |
| Park Edmonds Apartment Homes | One Bedroom One Bathroom | 1BR,1BA | $2.76 |
| The Ballinger | 1BR/1.0BA | 1BR,1BA | $2.46 |
Frequently Asked Questions about Lake Ballinger
What type of rentals are currently available in Lake Ballinger?
There are currently 81 Apartments for Rent in Lake Ballinger, WA with pricing that ranges from $1,275 to $7,343. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Ballinger ranging from $1,200 to $4,465.
What is the current price range for Rental Homes in Lake Ballinger?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Ballinger ranges from $1,200 to $4,465 with an average monthly rent of $2,661.
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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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.