Cheap Apartments for Rent in Bonney Lake, WA from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Bonney Lake.

Elm Valley Apartments

Mill Pond Apartments

Sumner Mill

5606 Parker Rd E
Bonney Lake, WA Local Guide

How much does it cost to rent an apartment in Bonney Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Bonney Lake Studio Apartments | $1,694 | $1,545 | $1,951 |
Cheap Bonney Lake 1 Bedroom Apartments | $2,058 | $1,450 | $2,807 |
Cheap Bonney Lake 2 Bedroom Apartments | $2,412 | $1,595 | $3,364 |
Cheap Bonney Lake 3 Bedroom Apartments | $2,700 | $2,100 | $4,045 |
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Bonney Lake, WA Local Guide
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Cheapest Neighborhoods for Apartments in Bonney Lake, WA
Pricing Updated: 03/27/2025Current apartment rentals in the Bonney Lake, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Bonney Lake Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Prairie Ridge | $2,100 | $2,100 | 5 |
Cheapest Available Bonney Lake Apartments for Rent
 The cheapest available apartment rental in Bonney Lake, WA is a 1 Bed unit found at VIEW BY VINTAGE in the Outlying Puyallup neighborhood priced from $1,222. Mill Pond Apartments in the Lakeland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,545. Here is today’s list of the most affordable Bonney Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
VIEW BY VINTAGE | 1x1 | 1BR,1BA | $1,222 |
Mill Pond Apartments | Studio | Studio,1BA | $1,545 |
Belara at Lakeland | Primo Renovated | 1BR,1BA | $1,566 |
Best Value Apartments for Rent in Bonney Lake, WA
As of March 27, 2025 the best value apartment in the Bonney Lake area is the $2.08 price per square foot 518 2X2 Top Model at Sumner Square in the in the Outlying Puyallup neighborhood starting from $2,499. The second greatest value Bonney Lake apartment is the 2x1S Model at Cavalla Apartment Homes starting at $2,250 with a $2.07 price per square foot in the Outlying Puyallup neighborhood. Here is today’s list of the best values for Bonney Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sumner Square | 518 2X2 Top | 2BR,2BA | $2.08 |
Cavalla Apartment Homes | 2x1S | 2BR,1BA | $2.07 |
Renwood Apartment Homes | Fir | 2BR,2BA | $2.08 |
Belara at Lakeland | Moda Renovated | 2BR,1BA | $2.19 |
Northwest Terrace Apartments, Wonderful Place to Live! | 2 Bed 2 Bath | 2BR,2BA | $2.19 |
Palermo At Lakeland | Cafe | 1BR,1BA | $2.42 |
Rainier Meadow | 1x1 | 1BR,1BA | $2.68 |
VIEW BY VINTAGE | 1x1 | 1BR,1BA | $1.99 |
Mill Pond Apartments | Studio | Studio ,1BA | $2.89 |
Sumner Mill | Orton MFTE | 1BR,1BA | $3.37 |
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Best Local Schools in Bonney Lake, WA
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Getting Around Bonney Lake, WA
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Bonney Lake Apartments
How much is rent for a Cheap One Bedroom Bonney Lake Apartment?
The lowest price for a Cheap One Bedroom Bonney Lake Apartment is $1,222 at VIEW BY VINTAGE.
What is the lowest price for a Cheap Two Bedroom Bonney Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bonney Lake is starting from $1,913 at Palermo At Lakeland.
What is the most affordable Bonney Lake Three Bedroom Apartment?
The best deal on a cheap Bonney Lake Three Bedroom Apartment rental is at Cavalla Apartment Homes and starts from $2,550.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.