Cheap Apartments for Rent in the North Terrace Neighborhood of Mountlake Terrace, WA from $1,100 (51 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
Rent Specials
$1,827 - $3,267
Total Monthly Price

Total Monthly Price

Base Rent
$1,827 - $3,267
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1 to 3 Bedroom Apartments Available Now

Taluswood Apartments

4208 236th St SWMountlake Terrace, WA 98043
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Silver Oak
1 to 2 Bedroom Apartments

Silver Oak

21412 48th Ave WMountlake Terrace, WA 98043

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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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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Duet Apartments
Rent Specials
$1,598 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,598 - $2,000
Total Monthly Price
$1,598 - $2,000
1 to 2 Bedroom Apartments Available Now

Duet Apartments

4702 176th St SWLynnwood, WA 98037
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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Echo Lake Apartments
$1,671 - $5,811
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$1,671 - $5,811
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Studio to 3 Bedroom Apartments Available Now

Echo Lake Apartments

1150 N 192nd StShoreline, WA 98133
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COLLINS JUNCTION
$1,812 - $2,832
Total Monthly Price

Total Monthly Price

Base Rent
$1,812 - $2,832
Total Monthly Price
$1,812 - $2,832
1 to 3 Bedroom Apartments Available Now

COLLINS JUNCTION

4727 200th St SWLynnwood, WA 98036
Student 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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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 The Blakely at Echo Lake priced from $1,199. Koz on Alderwood Mall Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable North Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
The Blakely at Echo Lake1 Bed 1 Bath1BR,1BA$1,199
Koz on Alderwood Mall BlvdType EStudio,1BA$1,400
OctaviaOne Bedroom C1BR,1BA$1,415
QUINN BY VINTAGET9611B1BR,1BA$1,499
Alderwood Court Senior Affordable ApartmentsA31BR,1BA$1,499
Terrace Heights1x11BR,1BA$1,500
Ember ApartmentsStudioStudio,1BA$1,550
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,555
City Center at LynnwoodS1Studio,1BA$1,562
Pacific Park Apartment HomesStudio1BR,1BA$1,575

Best Value Apartments for Rent in North Terrace, WA

As of July 31, 2026 the best value apartment in the North Terrace area is the $1.72 price per square foot Daisy Model at Scriber Creek Apartments in the in the East Terrace neighborhood starting from $2,195. The second greatest value North Terrace apartment is the Two Bedroom and Two and Half Bath Model at FAIRWAY EDMONDS starting at $2,225 with a $1.84 price per square foot in the Seattle Heights 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.
Scriber Creek ApartmentsDaisy3BR,2BA$1.72
FAIRWAY EDMONDSTwo Bedroom and Two and Half Bath2BR,2.1BA$1.84
Duet Apartments2x12BR,1BA$1.90
Beaver Creek2 Bedroom 1 Bath 60% AMI2BR,1BA$2.22
Twin Firs Condominiums1x11BR,1BA$1.85
QUINN BY VINTAGET9611B1BR,1BA$2.05
Horizon Park2 Bedroom 1 Bath A2BR,1BA$2.25
Terrace Heights1x1 w/Garage1BR,1BA$2.26
Park 212 Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.29
OctaviaOne Bedroom C1BR,1BA$2.32

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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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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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 $1,575.

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 $2,803.

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 50 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 $911 which is $1,892 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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