
Cheap Apartments for Rent in the Lakeview Neighborhood of Renton, WA from $700 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeview area of Renton.


Total Monthly Price
922 S 3rd St, Unit 4, Unit 4

Riviera Apartments

Liberty Square

334 Wells Ave S, Unit 318

Divine Suites at Downtown Renton

Brighton Ridge

Heritage Grove

Metropolitan Collection Apartments

Total Monthly Price
540 Williams Ave N, Unit 3, Unit 3
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.

Total Monthly Price
The Berkshire

Sunset View

114 NW 3rd Pl

3030 NE 10th St, Unit 202

Astra

Foundry on Fifth

Total Monthly Price
Alaire Apartment Homes

3100 NE 16th St

Arbour Apartments

Taylor West Apartments
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.

Whitworth Lane Apartments Whitworth Lane

Heather Apartments

Sunset Oaks

Roxy Apartments

Cedar River Court Apartments

The Reserve Apartments

Sky Lanai Apartments

2625 NE 9th Pl

Rencliffe Apartments

The Hampton
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.

Highland Ridge

Metropolitan Place Apartments

475 Houser Way S

Riverview Apartments

Revo 225 Apartments

Nacelle Apartments

Sunset Terrace

Woodcliffe Apartment Homes

Bristol at Southport

Peak 88 Apartments
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.

6241 S 129th St

Park Hill

Greentree

Hill Crest Apartments

8230 S 132nd St

Creston Point

Hillview Apartments

Cambridge Park Villa

Lake Washington Apartments

8230 S 132nd St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lakeview, Renton, WA Local Guide

How much does it cost to rent an apartment in Lakeview?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeview Studio Apartments | $1,568 | $1,099 | $2,227 |
| Lakeview 1 Bedroom Apartments | $1,967 | $900 | $10,000+ |
| Lakeview 2 Bedroom Apartments | $2,286 | $1,545 | $4,153 |
| Lakeview 3 Bedroom Apartments | $2,825 | $1,766 | $8,229 |
| Lakeview 4 Bedroom Apartments | $1,989 | $1,989 | $1,989 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Lakeview Neighborhood of Renton, WA.
See all Apartments in RentonExplore Renton
Lakeview, Renton, WA Local Guide
- Nearby Renton neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakeview Apartments for Rent
 The cheapest available apartment rental in the Lakeview area of Seattle, WA is a 1 Bed unit found at Reserve at Renton - 55+ Active Senior Living priced from $900. Riviera Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable Lakeview apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reserve at Renton - 55+ Active Senior Living | A1 | 1BR,1BA | $900 |
| Riviera Apartments | Studio Layout 1 | Studio,1BA | $1,145 |
| Liberty Square | Studio | Studio,1BA | $1,289 |
| Divine Suites at Downtown Renton | 1BR/1.0BA | 1BR,1BA | $1,292 |
| Greentree | Studio | Studio,1BA | $1,333 |
| Hill Crest Apartments | 1 bed 1 bath small | 1BR,1BA | $1,405 |
| Brighton Ridge | Plan 1A | 1BR,1BA | $1,457 |
| Heritage Grove | 1x1 | 1BR,1BA | $1,499 |
| Metropolitan Place Apartments | Studio | Studio,1BA | $1,504 |
| Metropolitan Collection Apartments | Studio-Metropolitan | Studio,1BA | $1,504 |
Best Value Apartments for Rent in Lakeview, WA
As of April 30, 2026 the best value apartment in the Lakeview area is the $2.09 price per square foot Two Bedroom, Two Bathroom Model at Springbrook Reserve in the in the Allentown neighborhood starting from $2,200. The second greatest value Lakeview apartment is the Two Bedroom 1044 Model at The Fulton Apartments starting at $2,241 with a $2.15 price per square foot in the Highlands Park neighborhood. Here is today’s list of the best values for Lakeview apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Springbrook Reserve | Two Bedroom, Two Bathroom | 2BR,2BA | $2.09 |
| The Fulton Apartments | Two Bedroom 1044 | 2BR,2BA | $2.15 |
| Alaire Apartment Homes | Two Bedroom, Two Bathroom (1030 sq ft) | 2BR,2BA | $1.90 |
| 400 Taylor Ave NW | 400 Taylor Ave NW | 2BR,1.5BA | $2.00 |
| Taylor Creek Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.85 |
| Wellsforth Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.18 |
| Sunset View | A1 | 1BR,1BA | $1.99 |
| 540 Williams Ave N, Unit 3 | 540 Williams Ave N | 1BR,1BA | $1.85 |
| Heritage Grove | 1x1 | 1BR,1BA | $2.08 |
| Hill Crest Apartments | 1 bed 1 bath small | 1BR,1BA | $2.20 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 LifestyleLakeview, Renton, WA
Ranked #20
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lakeview, Renton, WA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Lakeview, Renton, and the greater Seattle area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lakeview Apartments
What is a cheap apartment in Lakeview?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview is under $1,504.
What is the price of a cheap apartment in Lakeview?
The cheapest apartment in Lakeview is Reserve at Renton - 55+ Active Senior Living which is listed at $900, while the average apartment in Lakeview costs $2,382.
What types of apartments are the cheapest in Lakeview?
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 95 regular apartments in Lakeview 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 Lakeview?
Cheap apartments in Lakeview have an average cost of $971 which is $1,411 cheaper than the average rent for all rentals in Lakeview.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

Picking the Perfect Seattle Neighborhood for College Life
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City
Written by: Sharon Stallings
Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.