Cheap Apartments for Rent in the North Terrace Neighborhood of Mountlake Terrace, WA from $1,200 (35 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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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 Octavia priced from $1,295. The Blakely at Echo Lake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable North Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
OctaviaVV-One Bedroom1BR,1BA$1,295
The Blakely at Echo Lake2 Bed 1 Bath2BR,1BA$1,399
Koz on Alderwood Mall BlvdType EStudio,1BA$1,450
Alderwood Court Senior Affordable ApartmentsA11BR,1BA$1,499
QUINN BY VINTAGET9611B1BR,1BA$1,499
Reserve at Lynnwood 55+ Affordable LivingStudio 1 Bath S4Studio,1BA$1,523
The ArtisteDreamStudio,1BA$1,534
Park Edmonds Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,542
Duet1x1 A1BR,1BA$1,599
Brittany Place1X1 Small 1st Floor - B1081BR,1BA$1,600

Best Value Apartments for Rent in North Terrace, WA

As of January 23, 2026 the best value apartment in the North Terrace area is the $2.09 price per square foot Three Bedroom and Two and Half Bath Model at Edgewood North in the in the Seattle Heights neighborhood starting from $2,700. The second greatest value North Terrace apartment is the Daffodil ADA Model at Scriber Creek Apartments starting at $2,209 with a $1.78 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 NorthThree Bedroom and Two and Half Bath3BR,2.5BA$2.09
Scriber Creek ApartmentsDaffodil ADA4BR,2BA$1.78
MOTIFTwo Bedroom and Two Bath2BR,2BA$2.26
Pacific Park Apartment HomesTwo Bedroom2BR,1BA$2.21
The Encore2x2 (955 sq ft)2BR,2BA$2.26
Novo on 52nd2 Bed 2 Bath2BR,2BA$2.30
Pinewood Square Apartment HomesTwo Bedroom One Bathroom2BR,1BA$2.29
Duet1x1 B1BR,1BA$2.14
Park Edmonds Apartment HomesOne Bedroom One Bathroom1BR,1BA$2.27
OctaviaVE-One Bedroom1BR,1BA$2.29

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 $1,600.

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

The cheapest apartment in North Terrace is Octavia which is listed at $1,295, while the average apartment in North Terrace costs $2,790.

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 104 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 $795 which is $1,995 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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