Cheap Apartments for Rent in the Montlake Neighborhood of Seattle, WA from $500 (447 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Montlake area of Seattle.

property at 5015 17th Ave NE

$700 - $11,950

1 To 15 Bedroom Rentals

Available Now

5015 17th Ave NE

SeattleWA98105

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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St.Ingbert Apartments
$900 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,700
Required Monthly Fees
$50

Total Monthly Price
$900 - $1,750
Studio to 1 Bedroom Apartments Available Now

St.Ingbert Apartments

309 E Harrison StSeattle, WA 98102
Affordability
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  • Utilities Included
  • 3D Tour
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Parsonage
$929 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,772

Total Monthly Price
$929 - $1,772
1 to 4 Bedroom Apartments Available Now

Parsonage

4138 Brooklyn Ave NESeattle, WA 98105
Student Housing
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  • Utilities Included
  • 3D Tour

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.

The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.

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.

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Derby SLU
Rent Specials
$1,240 - $1,414
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,229
Required Monthly Fees
$185

Total Monthly Price
$1,240 - $1,414
Studio Apartments Available Now

Derby SLU

1210 Republican StSeattle, WA 98109
Furnished
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  • Customer Reviewed
  • 3D Tour
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The Humphrey
$1,245 - $1,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,370

Total Monthly Price
$1,245 - $1,370
Studio Apartments Available Now

The Humphrey

2205 2nd AveSeattle, WA 98121
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Union Plaza Apartments
Rent Specials
$1,249 - $1,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,144 - $1,294
Required Monthly Fees
$105

Total Monthly Price
$1,249 - $1,399
1 Bedroom Apartments Available Now

Union Plaza Apartments

400 E Union StSeattle, WA 98122
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Nolan
$1,265 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,645
Required Monthly Fees
$15

Total Monthly Price
$1,265 - $1,660
2 to 5 Bedroom Apartments Available Now

Nolan

4717 Brooklyn Ave NESeattle, WA 98105
Student Housing
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Lightbox
$1,266 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,143 - $1,602
Required Monthly Fees
$123

Total Monthly Price
$1,266 - $1,725
Studio to 2 Bedroom Apartments Available Now

Lightbox

4545 8th Ave NESeattle, WA 98105
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Montlake, Seattle, WA Local Guide

Cheapest Available Montlake Apartments for Rent

 

The cheapest available apartment rental in the Montlake area of Seattle, WA is a Studio unit found at 422 11th Ave - Amazing Studios! priced from $600. Sun Property has the second lowest priced unit, which is a Studio apartment currently listed from $651. Here are the most affordable Montlake apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$600
Sun PropertyFurnished dorm roomStudio,$651
Hudson House0BR/0.5BAStudio,$699
Cantor StudiosStudioStudio,1BA$700
Sun lightMicro Studio STUDENT ONLYStudio,1BA$745
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Belmont Flats0BR/0.5BAStudio,$799
2371 Franklin Apartments in EastlakeStudioStudio,1BA$799
Oregon ApartmentsStudio A - 30% AMIStudio,1BA$799
Apex6x2 R6BR,2BA$799

Best Value Apartments for Rent in Montlake, WA

As of February 13, 2026 the best value apartment in the Montlake area is the $0.58 price per square foot Pod Second Floor Model at 4538 18th Ave NE in the in the University District neighborhood starting from $875. The second greatest value Montlake apartment is the 4801 Aurora Ave N Model at 4801 Aurora Ave N, Unit 4801 starting at $1,800 with a $1.50 price per square foot in the Queen Anne neighborhood. Here is today’s list of the best values for Montlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.58
4801 Aurora Ave N, Unit 48014801 Aurora Ave N2BR,1BA$1.50
Boylston Court1BD/1BA1BR,1BA$2.04
3903 Meridian Ave N, Unit NA3903 Meridian Ave N2BR,1BA$1.67
Amherst1 Bed, 1 bath1BR,1BA$1.88
Arbora Court2 Bedroom - 60% AMI2BR,1BA$2.12
5301 Ravenna Ave NE, Unit 45301 Ravenna Ave NE1BR,1BA$2.09
Stewart Court Apartments1 Bedroom - 60% AMI1BR,1BA$1.99
Larson BuildingStudioStudio ,1BA$2.07
Elizabeth James House1B1BR,1BA$2.08

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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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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
Montlake, Seattle, WA

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Washington and customized analysis for Seattle, Washington. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, places that make kids happy, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Montlake Apartments

What is a cheap apartment in Montlake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montlake is under $799.

What is the price of a cheap apartment in Montlake?

The cheapest apartment in Montlake is Holiday Apartments which is listed at $883, while the average apartment in Montlake costs $4,381.

What types of apartments are the cheapest in Montlake?

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 261 regular apartments in Montlake 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 Montlake?

Cheap apartments in Montlake have an average cost of $830 which is $3,551 cheaper than the average rent for all rentals in Montlake.

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.

Articles, How-To's, and Tips

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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

Written by: Lauren Harrington

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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.