
Cheap Apartments for Rent in the North Terrace Neighborhood of Mountlake Terrace, WA from $1,100 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Terrace area of Mountlake Terrace.


Terrace Station Apartments

Atlas 236

Total Monthly Price
Quartz Creek

The Blakely at Echo Lake

Octavia

Alderwood Court Senior Affordable Apartments
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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.

Reserve at Lynnwood 55+ Affordable Living

QUINN BY VINTAGE

Twin Firs Condominiums

Echo Lake Apartment Homes

The Encore

Timber Lane Apartments

Beaver Creek
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City Center at Lynnwood

Park Edmonds Apartment Homes

Park 212 Apartment Homes

205 Apartments

Pacific Park Apartment Homes

FAIRWAY EDMONDS

Ember
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Beaver Cove

Scriber Creek Apartments

Kinect @ Lynnwood

Brittany Place

Pinewood Square Apartment Homes

The Ballinger

Novo on 52nd
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Bell Alderwood
North Terrace, Mountlake Terrace, WA Local Guide

How much does it cost to rent an apartment in North Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Terrace Studio Apartments | $1,753 | $1,325 | $2,265 |
| North Terrace 1 Bedroom Apartments | $2,021 | $1,199 | $2,775 |
| North Terrace 2 Bedroom Apartments | $2,542 | $1,499 | $5,000 |
| North Terrace 3 Bedroom Apartments | $2,722 | $1,987 | $3,720 |
| North Terrace 4 Bedroom Apartments | $2,288 | $2,150 | $2,575 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the North Terrace Neighborhood of Mountlake Terrace, WA.
See all Apartments in Mountlake TerraceExplore Mountlake Terrace
North Terrace, Mountlake Terrace, WA Local Guide
- Nearby Mountlake Terrace neighborhoods
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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 The Blakely at Echo Lake priced from $1,199. Octavia has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable North Terrace apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Blakely at Echo Lake | 1 Bed 1 Bath | 1BR,1BA | $1,199 |
| Octavia | VV-One Bedroom | 1BR,1BA | $1,295 |
| Alderwood Court Senior Affordable Apartments | B1 | 2BR,1BA | $1,299 |
| Reserve at Lynnwood 55+ Affordable Living | Studio 1 Bath S2 | 1BR,1BA | $1,399 |
| Koz on Alderwood Mall Blvd | Type E | Studio,1BA | $1,400 |
| Terrace Heights | 1x1 | 1BR,1BA | $1,400 |
| QUINN BY VINTAGE | T9611A | 1BR,1BA | $1,406 |
| Echo Lake Apartment Homes | STUDIO A | Studio,1BA | $1,480 |
| Timber Lane Apartments | 1 Bedroom | 1BR,1BA | $1,495 |
| Park Edmonds Apartment Homes | Studio | Studio,1BA | $1,515 |
Best Value Apartments for Rent in North Terrace, WA
As of April 24, 2026 the best value apartment in the North Terrace area is the $2.16 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 Bluebell Model at Scriber Creek Apartments starting at $1,900 with a $1.92 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edgewood North | Two Bedroom and Two Bath | 2BR,2BA | $2.16 |
| Scriber Creek Apartments | Bluebell | 2BR,2BA | $1.92 |
| Beaver Creek | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $1.90 |
| Beaver Cove | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $2.22 |
| Pinewood Square Apartment Homes | Two Bedroom One Bathroom | 2BR,1BA | $2.23 |
| FAIRWAY EDMONDS | One Bedroom and One Bath | 1BR,1BA | $1.86 |
| City Center at Lynnwood | B1 | 2BR,1BA | $2.05 |
| Terrace Heights | 1x1 w/Garage | 1BR,1BA | $2.23 |
| QUINN BY VINTAGE | T9611A | 1BR,1BA | $2.13 |
| Alderwood Court Senior Affordable Apartments | B1 | 2BR,1BA | $1.97 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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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.
Pet Friendly LifestyleNorth Terrace, Mountlake Terrace, WA
Ranked #1
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,515.
What is the price of a cheap apartment in North Terrace?
The cheapest apartment in North Terrace is The Blakely at Echo Lake which is listed at $1,199, while the average apartment in North Terrace costs $2,585.
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 91 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 $879 which is $1,706 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.
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