Cheap Apartments for Rent near Silverlake, WA from $630 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Silverlake.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Maple Knoll Apartments
Rent Specials
$1,285 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $1,485
Total Monthly Price
$1,285 - $1,485
2 Bedroom Apartments Available Now

Maple Knoll Apartments

1824 NE 104th LoopVancouver, WA 98686
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The Acres
Rent Specials
$1,293 - $2,184
Total Monthly Price

Total Monthly Price

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$1,293 - $2,184
Total Monthly Price
$1,293 - $2,184
1 to 2 Bedroom Apartments Available Now

The Acres

8917 NE 15th AveVancouver, WA 98665
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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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Alderbrook Apartments
Rent Specials
$1,385 - $2,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,499
Total Monthly Price
$1,385 - $2,499
Studio to 3 Bedroom Apartments Available Now

Alderbrook Apartments

9501 NE 19th AveVancouver, WA 98665
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Candlelight
Studio to 2 Bedroom Apartments

Candlelight

51577 SE 2nd StScappoose, OR 97056

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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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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Showing Results 1-41, Page 1 of 1

Silverlake, WA Local Guide

Cheapest Available Silverlake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silverlake, WA is a Studio unit found at Monticello in the Glenwood neighborhood priced from $950. Mountain View Apartments in the Memorial Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Silverlake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MonticelloStudioStudio,1BA$950
Mountain View Apartments1 Bedroom1BR,1BA$1,000
Hemlock Court1 Bedroom1BR,1BA$1,095
Fairways ApartmentsOne Bedroom1BR,1BA$1,100
Fir at 17th1 Bed, 1 bath1BR,1BA$1,100
Parklane Apartments1 Bedroom1BR,1BA$1,135
Teal Pointe Apartments1 Bed 1 Bath1BR,1BA$1,150
Mint Place Apartments2 Bedroom 1 Bath2BR,1BA$1,150
The VarsityMedium Studio NorthStudio,1BA$1,225
CandlelightStudioStudio,1BA$1,249

Best Value Apartments for Rent in Silverlake, WA and Nearby

As of August 27, 2026 the best value apartment in the Silverlake area is the $1.29 price per square foot 3BR/2.5BA Model at R85 in the in the Washington's Addition neighborhood starting from $2,295. The second greatest value Silverlake apartment is the 3x2.5/2 Car Garage Model at The Crossing starting at $2,499 with a $1.48 price per square foot in the Wishing Wells Estates neighborhood. Here is today’s list of the best values for Silverlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
R853BR/2.5BA3BR,2.5BA$1.29
The Crossing3x2.5/2 Car Garage3BR,2.5BA$1.48
Pioneer VistaTwo Bedroom (1041)2BR,2BA$1.51
Erica Village2BR/2.0BA2BR,2BA$1.53
Portola Bridge Creek2X1BR2BR,1BA$1.50
Mint Place Apartments2 Bedroom 1 Bath2BR,1BA$1.29
Broadleaf ArborSenior Housing - 2x12BR,1BA$1.57
The Acres2 Bed 1 Bath Reno2BR,1BA$1.69
Maple Knoll Apartments2x12BR,1BA$1.52
Fir at 17th1 Bed, 1 bath1BR,1BA$1.38

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Silverlake, WA Rentals by Map

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See the most popular apartments and homes in Silverlake, WA

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Frequently Asked Questions about Cheap Silverlake Apartments

What is the Cheapest Studio apartment in Silverlake?

Currently the most affordable Cheap Studio Apartment in Silverlake is at Monticello listed at $950.

How much is rent for a Cheap One Bedroom Silverlake Apartment?

The lowest price for a Cheap One Bedroom Silverlake Apartment is $1,000 at Mountain View Apartments.

What is the lowest price for a Cheap Two Bedroom Silverlake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Silverlake is starting from $1,150 at Mint Place Apartments.

What is the most affordable Silverlake Three Bedroom Apartment?

The best deal on a cheap Silverlake Three Bedroom Apartment rental is at Fairways Apartments and starts from $1,500.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.