Cheap Apartments for Rent in the North Terrace Neighborhood of Mountlake Terrace, WA from $1,199 (56 Rentals)

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

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Taluswood Apartments
$1,781 - $3,637

Total Monthly Price

Base Rent$1,781 - $3,637
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Taluswood Apartments

4208 236th St SWMountlake Terrace, WA 98043
55+ Active Adult
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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Silver Oak
1 to 2 Bedroom Apartments

Silver Oak

21412 48th Ave WMountlake Terrace, WA 98043
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Quartz Creek
1 to 3 Bedroom Apartments

Quartz Creek

4710 212th St SWMountlake Terrace, WA 98043

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Echo Lake Apartments
$1,501 - $4,388

Total Monthly Price

Base Rent$1,501 - $4,388
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Echo Lake Apartments

1150 N 192nd StShoreline, WA 98133
Corporate Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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COLLINS JUNCTION
$1,580 - $2,837

Total Monthly Price

Base Rent$1,580 - $2,837
Total Monthly Price$1,580 - $2,837
1 to 3 Bedroom Apartments Available Now

COLLINS JUNCTION

4727 200th St SWLynnwood, WA 98036
Student Housing
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Duet Apartments
$1,623 - $2,045

Total Monthly Price

Base Rent$1,623 - $2,045
Total Monthly Price$1,623 - $2,045
1 to 2 Bedroom Apartments Available Sep 30

Duet Apartments

4702 176th St SWLynnwood, WA 98037
Corporate Housing
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Showing Results 1-50, Page 1 of 2

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 City Center at Lynnwood priced from $1,199. Pinewood Square Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable North Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
City Center at LynnwoodA61BR,1BA$1,199
Pinewood Square Apartment HomesStudioStudio,1BA$1,395
Pacific Park Apartment HomesStudioStudio,1BA$1,395
Alderwood Court Senior Affordable ApartmentsA31BR,1BA$1,399
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A41BR,1BA$1,399
OctaviaOne Bedroom C1BR,1BA$1,415
Koz on Alderwood Mall BlvdType GStudio,1BA$1,450
Park Edmonds Apartment HomesStudioStudio,1BA$1,455
QUINN BY VINTAGET9611B1BR,1BA$1,499
Terrace Heights1x11BR,1BA$1,500

Best Value Apartments for Rent in North Terrace, WA

As of September 14, 2026 the best value apartment in the North Terrace area is the $1.84 price per square foot Two Bedroom and Two and Half Bath Model at FAIRWAY EDMONDS in the in the Seattle Heights neighborhood starting from $2,225. The second greatest value North Terrace apartment is the 2x2 Model at Nantucket Garden starting at $2,145 with a $1.95 price per square foot in the North 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.
FAIRWAY EDMONDSTwo Bedroom and Two and Half Bath2BR,2.1BA$1.84
Nantucket Garden2x22BR,2BA$1.95
Scriber Creek ApartmentsBluebell2BR,2BA$1.92
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$2.13
Novo on 52nd2 Bed 2 Bath2BR,2BA$2.30
Twin Firs Condominiums1x11BR,1BA$1.85
Willowbrook ApartmentsTwo Bedroom One Bath2BR,1BA$2.26
Terrace Heights1x11BR,1BA$2.08
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.24
QUINN BY VINTAGET9611A1BR,1BA$2.27

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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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

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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 $1,500.

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

The cheapest apartment in North Terrace is City Center at Lynnwood which is listed at $1,199, while the average apartment in North Terrace costs $2,175.

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 48 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 $836 which is $1,339 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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