Cheap Homes for Rent in Lakeview Neighborhood of Renton, WA from $1,300 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakeview area of Renton.

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.

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.

Lakeview, Renton, WA Local Guide

Cheapest Available Lakeview Apartments for Rent

 

The cheapest available apartment rental in the Lakeview area of Seattle, WA is a Studio unit found at Riviera Apartments priced from $1,145. Reserve at Renton - 55+ Active Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Lakeview apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Riviera ApartmentsStudio Layout 1Studio,1BA$1,145
Reserve at Renton - 55+ Active Senior LivingA11BR,1BA$1,275
Liberty SquareStudioStudio,1BA$1,289

Best Value Apartments for Rent in Lakeview, WA

As of April 26, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Springbrook ReserveTwo Bedroom, Two Bathroom2BR,2BA$2.09
The Fulton ApartmentsTwo Bedroom 10442BR,2BA$2.15
Alaire Apartment HomesTwo Bedroom, Two Bathroom (1030 sq ft)2BR,2BA$1.90
400 Taylor Ave NW400 Taylor Ave NW2BR,1.5BA$2.00
Taylor Creek Apartments2 Bedroom 1 Bath2BR,1BA$1.85
Wellsforth Apartments2 Bedroom 1 Bath2BR,1BA$2.18
Sunset ViewA11BR,1BA$1.99
540 Williams Ave N, Unit 3540 Williams Ave N1BR,1BA$1.85
Heritage Grove1x11BR,1BA$2.08
Creston PointChinook1BR,1BA$2.07

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.

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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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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle
Lakeview, Renton, WA

Ranked #21

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 Lakeview

What type of rentals are currently available in Lakeview?

There are currently 191 Apartments for Rent in Lakeview, WA with pricing that ranges from $1,099 to $18,246. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeview ranging from $1,375 to $4,975.

What is the current price range for Rental Homes in Lakeview?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeview ranges from $1,375 to $4,975 with an average monthly rent of $2,757.

How much are larger Three and Four Bedroom Rentals in Lakeview?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeview range from $1,766 to $7,707, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $4,975. Four Bedroom Single-Family rentals are also available starting from $3,299 and Four Bedroom Apartments start at $1,989.

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

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Articles, How-To's, and Tips

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.