Cheap Apartments for Rent in the Town Center Neighborhood of Mountlake Terrace, WA from $1,100 (84 Rentals)

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

property at 5003 240th Pl SW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

5003 240th Pl SW

Mountlake TerraceWA98043
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Delta Estates
2 Bedroom Apartments

Delta Estates

21912 64th Ave WMountlake Terrace, WA 98043
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Lakeside Apartments
1 to 3 Bedroom Apartments

Lakeside Apartments

6102 St Albion WayMountlake Terrace, WA 98043

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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Andorra
1 to 2 Bedroom Apartments

Andorra

22817 Lakeview DrMountlake Terrace, WA 98043

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Nickel Creek
$1,577 - $2,782
Total Monthly Price

Total Monthly Price

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$1,577 - $2,782
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1 to 2 Bedroom Apartments Available Now

Nickel Creek

3702 204th St SWLynnwood, WA 98036
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The Art of the Rental Viewing: What to look for during a property tour

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.

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Town Center, Mountlake Terrace, WA Local Guide

Cheapest Available Town Center Apartments for Rent

 

The cheapest available apartment rental in the Town Center area of Seattle, WA is a Studio unit found at 192 Shoreline priced from $1,270. The Blakely at Echo Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,282. Here are the most affordable Town Center apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
192 ShorelineBlockerStudio,1BA$1,270
The Blakely at Echo Lake1 Bed 1 Bath1BR,1BA$1,282
OctaviaVV-One Bedroom1BR,1BA$1,295
Reserve at Lynnwood 55+ Affordable Living1 Bed 1 Bath A41BR,1BA$1,299
Sunrise 111x1 Afforable1BR,1BA$1,350
Koz on Alderwood Mall BlvdType DStudio,1BA$1,375
Terrace Heights1x11BR,1BA$1,400
Park Edmonds Apartment HomesStudioStudio,1BA$1,475
City Center at LynnwoodS3Studio,1BA$1,486
The ArtisteHarmonyStudio,1BA$1,489

Best Value Apartments for Rent in Town Center, WA

As of May 18, 2026 the best value apartment in the Town Center area is the $1.55 price per square foot Daisy Model at Scriber Creek Apartments in the in the East Terrace neighborhood starting from $1,987. The second greatest value Town Center apartment is the 20620 60th Ave W Model at 20620 60th Ave W, Unit D starting at $2,400 with a $2.16 price per square foot in the Seattle Heights neighborhood. Here is today’s list of the best values for Town Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Scriber Creek ApartmentsDaisy3BR,2BA$1.55
20620 60th Ave W, Unit D20620 60th Ave W3BR,2BA$2.16
MOTIFTwo Bedroom and Two Bath2BR,2BA$2.26
AndorraCordoba2BR,1BA$1.72
Beaver Creek3 Bedroom 1 bath3BR,1BA$2.12
Beaver Cove2 Bedroom 1 Bath 60% AMI2BR,1BA$2.16
Pinewood Square Apartment HomesTwo Bedroom One Bathroom2BR,1BA$2.23
Lakeside ApartmentsOne Bedroom1BR,1BA$2.08
Terrace Heights1x1 w/Garage1BR,1BA$2.23
Sunrise 111x1 Afforable1BR,1BA$1.99

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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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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Town Center, Mountlake Terrace, WA

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Lifestyle Ratings

Our team compiles millions of data points to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Washington including Town Center, Mountlake Terrace, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Town Center Apartments

What is a cheap apartment in Town Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Town Center is under $1,489.

What is the price of a cheap apartment in Town Center?

The cheapest apartment in Town Center is The Blakely at Echo Lake which is listed at $1,282, while the average apartment in Town Center costs $7,802.

What types of apartments are the cheapest in Town Center?

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 77 regular apartments in Town Center 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 Town Center?

Cheap apartments in Town Center have an average cost of $714 which is $7,088 cheaper than the average rent for all rentals in Town Center.

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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