Cheap Homes for Rent in Lake City Neighborhood of Seattle, WA from $800 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake City area of Seattle.

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.

Lake City, Seattle, WA Local Guide

Cheapest Available Lake City Apartments for Rent

 

The cheapest available apartment rental in the Lake City area of Seattle, WA is a Studio unit found at Sedona Apartments priced from $895. Bode 125 has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Lake City apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sedona ApartmentsStudio 1Studio,1BA$895
Bode 125MFTE - StudioStudio,1BA$899
Altaire at Jackson ParkStudioStudio,1BA$999

Best Value Apartments for Rent in Lake City, WA

As of June 11, 2026 the best value apartment in the Lake City area is the $2.14 price per square foot Two Bedroom Two Bathroom Model at King Arthurs Court in the in the Olympic Hills neighborhood starting from $2,099. The second greatest value Lake City apartment is the One Bedroom One Bathroom Model at Promenade at the Park Apartment Homes starting at $1,679 with a $1.96 price per square foot in the Olympic Hills neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
King Arthurs CourtTwo Bedroom Two Bathroom2BR,2BA$2.14
Promenade at the Park Apartment HomesOne Bedroom One Bathroom1BR,1BA$1.96
Willows Court Apartment HomesOne Bedroom One Bath1BR,1BA$1.97
HIDDEN CREEK VILLAGEOne Bedroom One Bath1BR,1BA$1.93
Parkway Apartments2 Beds, 1 Baths2BR,1BA$2.17
Northbrook Place Apartments1 Bedroom 1 Bath Apartment1BR,1BA$1.99
Array1 Bedroom 1 Bathroom MFTE1BR,1BA$2.20
Andante1BD 1BTH A1BR,1BA$2.17
Mirrorwood Apartments1BR 1BA1BR,1BA$2.05
The Willows Apartments1BR/1.0BA1BR,1BA$2.15

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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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
Lake City, Seattle, WA

Ranked #53

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 Lake City

What type of rentals are currently available in Lake City?

There are currently 244 Apartments for Rent in Lake City, WA with pricing that ranges from $895 to $7,397. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $830 to $7,500.

What is the current price range for Rental Homes in Lake City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $830 to $7,500 with an average monthly rent of $4,041.

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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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.

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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.

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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.

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The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.