Cheap Apartments for Rent in the South Lake Washington Neighborhood of Renton, WA from $700 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Lake Washington area of Renton.

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Houser Terrace
Rent Specials
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
1 Bedroom Apartments Available Now

Houser Terrace

3151 NE 16th StRenton, WA 98056
Senior Living
  • Verified
  • Customer Reviewed
  • Low Income

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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The Berkshire
Rent Specials
$1,684 - $2,512
Total Monthly Price

Total Monthly Price

Base Rent
$1,684 - $2,512
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Berkshire

1300 Eagle Ridge Dr SRenton, WA 98055
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Arbour Apartments
1 to 2 Bedroom Apartments

Arbour Apartments

2200-2202 NE 10th PlRenton, WA 98056
  • Utilities Included
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Taylor West Apartments
1 to 2 Bedroom Apartments

Taylor West Apartments

401 Taylor Pl NWRenton, WA 98057
  • Utilities Included
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Sunset Oaks
Studio to 2 Bedroom Apartments

Sunset Oaks

1073 Harrington Ave NERenton, WA 98056

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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Roxy Apartments
Studio to 2 Bedroom Apartments

Roxy Apartments

280 Morris Ave SRenton, WA 98057
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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3109 NE 11th PlRenton, WA 98056
  • Smoke Free
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Rencliffe Apartments
1 to 2 Bedroom Apartments

Rencliffe Apartments

390 Taylor Ave NWRenton, WA 98057
  • Utilities Included
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The Hampton
2 Bedroom Apartments

The Hampton

270 Bronson Way NERenton, WA 98056
  • Utilities Included
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Highland Ridge
1 to 2 Bedroom Apartments

Highland Ridge

905-907 Aberdeen Ave NERenton, WA 98056
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Revo 225 Apartments
Studio to 2 Bedroom Apartments

Revo 225 Apartments

225 Logan Ave SRenton, WA 98057
  • Utilities Included

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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Riverview Apartments
2 Bedroom Apartments

Riverview Apartments

107 Main Ave SRenton, WA 98057
  • Utilities Included
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Halo 11 Townhomes
2 Bedroom Apartments

Halo 11 Townhomes

3101 NE 11th PlRenton, WA 98056
  • Smoke Free
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Sunset Terrace
Studio to 2 Bedroom Apartments

Sunset Terrace

2715 Sunset Ln NERenton, WA 98056
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Bristol at Southport
Studio to 3 Bedroom Apartments

Bristol at Southport

1133 Lake Washington BlvdRenton, WA 98056
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Harrington Square
Studio to 2 Bedroom Apartments

Harrington Square

950 Harrington Ave NERenton, WA 98056
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Second and Main
Studio to 3 Bedroom Apartments

Second and Main

207 Main Ave SRenton, WA 98057

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

South Lake Washington, Renton, WA Local Guide

Cheapest Available South Lake Washington Apartments for Rent

 

The cheapest available apartment rental in the South Lake Washington area of Seattle, WA is a 1 Bed unit found at Houser Terrace priced from $1,050. Riviera Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable South Lake Washington apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Houser Terrace1 Bed, 1 bath1BR,1BA$1,050
Riviera ApartmentsStudio Layout 1Studio,1BA$1,145
Liberty SquareStudioStudio,1BA$1,289
Divine Suites at Downtown Renton0BR/1.0BAStudio,1BA$1,295
Cambridge Park VillaSpruce1BR,1BA$1,329
Creston PointSnoqualmie1BR,1BA$1,390
GreentreeStudioStudio,1BA$1,396
The Renton Sage Apartments1 Bedroom 50 Percent AMI1BR,1BA$1,482

Best Value Apartments for Rent in South Lake Washington, WA

As of July 08, 2026 the best value apartment in the South Lake Washington area is the $2.00 price per square foot 400 Taylor Ave NW Model at 400 Taylor Ave NW in the in the Kennydale neighborhood starting from $1,995. The second greatest value South Lake Washington apartment is the Cottonwood Model at Cambridge Park Villa starting at $2,060 with a $2.17 price per square foot in the Allentown neighborhood. Here is today’s list of the best values for South Lake Washington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
400 Taylor Ave NW400 Taylor Ave NW2BR,1.5BA$2.00
Cambridge Park VillaCottonwood2BR,1BA$2.17
Maplewood Park2x12BR,1BA$2.03
Sunset ViewA11BR,1BA$1.99
540 Williams Ave N, Unit 3540 Williams Ave N1BR,1BA$1.79
Skyway Park - 7041 S 116th PlUnit 2062BR,1BA$2.09
Taylor Creek Apartments1 Bedroom 1 Bath1BR,1BA$2.30
Highland Palms2x12BR,1BA$2.23
Creston PointChinook1BR,1BA$2.07
Houser Terrace1 Bed, 1 bath1BR,1BA$2.10

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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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
South Lake Washington, Renton, WA

Ranked #16

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Lake Washington, Renton, WA

School data provided by Great Schools

Frequently Asked Questions about Cheap South Lake Washington Apartments

What is a cheap apartment in South Lake Washington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Lake Washington is under $1,482.

What is the price of a cheap apartment in South Lake Washington?

The cheapest apartment in South Lake Washington is Houser Terrace which is listed at $1,050, while the average apartment in South Lake Washington costs $2,863.

What types of apartments are the cheapest in South Lake Washington?

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 89 regular apartments in South Lake Washington 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 South Lake Washington?

Cheap apartments in South Lake Washington have an average cost of $761 which is $2,102 cheaper than the average rent for all rentals in South Lake Washington.

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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