
Cheap Homes for Rent in North Terrace Neighborhood of Mountlake Terrace, WA from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the North Terrace area of Mountlake Terrace.

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.

4401 221st Pl SW
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.
North Terrace, Mountlake Terrace, WA Local Guide

How much does it cost to rent a home in North Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Terrace 4 Bedroom Homes for Rent | $4,145 | $3,595 | $4,695 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the North Terrace Neighborhood of Mountlake Terrace, WA.
Explore Mountlake Terrace
North Terrace, Mountlake Terrace, WA Local Guide
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Best Value Apartments for Rent in North Terrace, WA
As of May 08, 2026 the best value apartment in the North Terrace area is the $2.09 price per square foot 2X2 - Renovated Model at Nantucket Garden in the in the North Terrace neighborhood starting from $2,295. The second greatest value North Terrace apartment is the Two Bedroom and Two Bath Model at Edgewood North starting at $2,300 with a $2.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nantucket Garden | 2X2 - Renovated | 2BR,2BA | $2.09 |
| Edgewood North | Two Bedroom and Two Bath | 2BR,2BA | $2.16 |
| MOTIF | Two Bedroom and Two Bath | 2BR,2BA | $2.26 |
| Beaver Creek | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $1.90 |
| Novo on 52nd | 2 Bed 2 Bath | 2BR,2BA | $2.30 |
| Beaver Cove | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $2.22 |
| Pinewood Square Apartment Homes | Two Bedroom One Bathroom | 2BR,1BA | $2.23 |
| Scriber Creek Apartments | Bellflower | 1BR,1BA | $1.93 |
| Terrace Heights | 1x1 w/Garage | 1BR,1BA | $2.23 |
| Octavia | VE-One Bedroom | 1BR,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 ArticleReal 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.
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 North Terrace
What type of rentals are currently available in North Terrace?
There are currently 72 Apartments for Rent in North Terrace, WA with pricing that ranges from $1,199 to $5,000. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Terrace ranging from $1,550 to $4,695.
What is the current price range for Rental Homes in North Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Terrace ranges from $1,550 to $4,695 with an average monthly rent of $2,847.
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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.