Cheap Apartments for Rent in the North Terrace Neighborhood of Mountlake Terrace, WA from $900 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

North Terrace, Mountlake Terrace, WA Local Guide

Cheapest Available North Terrace Apartments for Rent

 

The cheapest available apartment rental in the North Terrace area of Seattle, WA is a 1 Bed unit found at Alderwood Court Senior Affordable Apartments priced from $999. Reserve at Lynnwood 55+ Affordable Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable North Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alderwood Court Senior Affordable ApartmentsA11BR,1BA$999
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A61BR,1BA$1,099
OctaviaVV-One Bedroom1BR,1BA$1,295

Best Value Apartments for Rent in North Terrace, WA

As of March 09, 2026 the best value apartment in the North Terrace area is the $2.21 price per square foot Two Bedroom and Two Bath Model at Edgewood North in the in the Seattle Heights neighborhood starting from $2,300. The second greatest value North 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 North Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edgewood NorthTwo Bedroom and Two Bath2BR,2BA$2.21
MOTIFTwo Bedroom and Two Bath2BR,2BA$2.26
Evergreen Townhomes2BR/1.5BA2BR,1.5BA$2.20
The Encore2x2 (955 sq ft)2BR,2BA$2.06
Park Ballinger 752X1.5 TOWNHOUSE2BR,1.5BA$2.28
Duet1x1 A1BR,1BA$2.08
Beaver Creek1 Bedroom 1 Bath1BR,1BA$1.92
Scriber Creek ApartmentsRose1BR,1BA$2.25
Pacific Park Apartment HomesOne Bedroom1BR,1BA$2.24
OctaviaVE-One Bedroom1BR,1BA$2.29

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Terrace, Mountlake Terrace, WA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap North Terrace Apartments

What is a cheap apartment in North Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Terrace is under $1,579.

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

The cheapest apartment in North Terrace is Alderwood Court Senior Affordable Apartments which is listed at $999, while the average apartment in North Terrace costs $2,675.

What types of apartments are the cheapest in North 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 108 regular apartments in North 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 North Terrace?

Cheap apartments in North Terrace have an average cost of $757 which is $1,918 cheaper than the average rent for all rentals in North 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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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.

decorative image for Picking the Perfect Seattle Neighborhood for College Life article

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.

decorative image for Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.