
Cheap Homes for Rent in South Lake Washington Neighborhood of Renton, WA from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lake Washington area of Renton.


2625 NE 9th Pl

8230 S 132nd St

475 Houser Way S

1150 NE Sunset Blvd
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.

7041 S 116th Pl

3030 NE 10th St, Unit 202

8230 S 132nd St

1150 Sunset Blvd NE

3233 NE 12th St
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.

328 Burnett Ave N, Unit 328, Unit 328
South Lake Washington, Renton, WA Local Guide

How much does it cost to rent a home in South Lake Washington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lake Washington 2 Bedroom Homes for Rent | $1,928 | $1,545 | $2,300 |
| South Lake Washington 3 Bedroom Homes for Rent | $2,861 | $2,650 | $3,395 |
| South Lake Washington 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the South Lake Washington Neighborhood of Renton, WA.
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South Lake Washington, Renton, WA Local Guide
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Cheapest Available South Lake Washington Apartments for Rent
 The cheapest available apartment rental in the South Lake Washington area of Seattle, WA is a Studio 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 $1,180. Here are the most affordable South Lake Washington apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reserve at Renton - 55+ Active Senior Living | S1 | Studio,1BA | $900 |
| Riviera Apartments | Studio Layout 1 | Studio,1BA | $1,180 |
| 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 |
Best Value Apartments for Rent in South Lake Washington, WA
As of April 21, 2026 the best value apartment in the South Lake Washington area is the $2.25 price per square foot Martinique Model at Pinnacle on Lake Washington in the in the Highlands Park neighborhood starting from $2,737. The second greatest value South Lake Washington apartment is the Two Bedroom, Two Bathroom Model at Springbrook Reserve starting at $2,190 with a $2.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle on Lake Washington | Martinique | 2BR,2BA | $2.25 |
| Springbrook Reserve | Two Bedroom, Two Bathroom | 2BR,2BA | $2.04 |
| The Fulton Apartments | Two Bedroom 1044 | 2BR,2BA | $2.15 |
| Alaire Apartment Homes | Two Bedroom, Two Bathroom (1030 sq ft) | 2BR,2BA | $1.91 |
| 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 |
| Cambridge Park Villa | Spruce | 1BR,1BA | $2.21 |
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 LifestyleSouth Lake Washington, Renton, WA
Ranked #19
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Lake Washington, Renton, WA
School data provided by Great Schools
Frequently Asked Questions about South Lake Washington
What type of rentals are currently available in South Lake Washington?
There are currently 187 Apartments for Rent in South Lake Washington, WA with pricing that ranges from $900 to $4,592. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lake Washington ranging from $1,500 to $4,200.
What is the current price range for Rental Homes in South Lake Washington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lake Washington ranges from $1,500 to $4,200 with an average monthly rent of $2,643.
How much are larger Three and Four Bedroom Rentals in South Lake Washington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Lake Washington range from $1,966 to $4,592, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $3,395. Four Bedroom Single-Family rentals are also available starting from $4,200 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

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

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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.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City
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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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.