
Cheap Apartments for Rent in the Downtown Lynnwood Neighborhood of Lynnwood, WA from $1,400 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lynnwood area of Lynnwood.


The Encore

5815 202nd St SW, Unit 103

Novo on 52nd

Orchard Ridge

Reserve at Lynnwood 55+ Affordable Living
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
Downtown Lynnwood, Lynnwood, WA Local Guide

How much does it cost to rent an apartment in Downtown Lynnwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lynnwood 1 Bedroom Apartments | $1,722 | $1,475 | $2,295 |
Downtown Lynnwood 2 Bedroom Apartments | $2,282 | $1,920 | $3,037 |
Downtown Lynnwood 3 Bedroom Apartments | $2,284 | $2,245 | $2,600 |
Downtown Lynnwood 4 Bedroom Apartments | $2,512 | $2,482 | $2,518 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Lynnwood Neighborhood of Lynnwood, WA.
See all Apartments in LynnwoodExplore Lynnwood
Downtown Lynnwood, Lynnwood, WA Local Guide
- Nearby Lynnwood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Lynnwood Apartments for Rent
 The cheapest available apartment rental in the Downtown Lynnwood area of Seattle, WA is a Studio unit found at Reserve at Lynnwood 55+ Affordable Living priced from $1,466. Tanglewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here are the most affordable Downtown Lynnwood apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Reserve at Lynnwood 55+ Affordable Living | Studio 1 Bath S2 | Studio,1BA | $1,466 |
Tanglewood Apartments | 1 bed 1 bath A | 1BR,1BA | $1,475 |
Ravenswood | Hemlock | 1BR,1BA | $1,596 |
Best Value Apartments for Rent in Downtown Lynnwood, WA
As of April 10, 2025 the best value apartment in the Downtown Lynnwood area is the $2.45 price per square foot #407 Model at Evergreen Townhomes in the in the Seattle Heights neighborhood starting from $2,450. The second greatest value Downtown Lynnwood apartment is the 2x2 (955 sq ft) Model at The Encore starting at $2,150 with a $2.25 price per square foot in the Seattle Heights neighborhood. Here is today’s list of the best values for Downtown Lynnwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Evergreen Townhomes | #407 | 2BR,1.5BA | $2.45 |
The Encore | 2x2 (955 sq ft) | 2BR,2BA | $2.25 |
Orchard Ridge | Bartlett Renovated | 2BR,1BA | $2.49 |
Silver Oak | 2 Bed, 1 Bath B1 | 2BR,1BA | $2.62 |
Ravenswood | Hemlock | 1BR,1BA | $1.99 |
Tanglewood Apartments | 1 bed 1 bath A | 1BR,1BA | $2.18 |
5815 202nd St SW, Unit 103 | 5815 202nd St SW | 1BR,1BA | $2.66 |
Destinations Lynnwood 61+ Active Adult Apartment Homes | A10 | 1BR,1BA | $3.57 |
Reserve at Lynnwood 55+ Affordable Living | Studio 1 Bath S2 | Studio ,1BA | $3.37 |
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.
Pet Friendly LifestyleDowntown Lynnwood, Lynnwood, WA
Ranked #16
Among neighborhoods in Lynnwood, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Downtown Lynnwood Neighborhood in Lynnwood, WA
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
46 / 100
Some Transit
A few nearby public transportation options
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 Downtown Lynnwood Apartments
How much is rent for a Cheap One Bedroom Downtown Lynnwood Apartment?
The lowest price for a Cheap One Bedroom Downtown Lynnwood Apartment is $1,475 at Tanglewood Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Lynnwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lynnwood is starting from $1,920 at Ravenswood.
What is the most affordable Downtown Lynnwood Three Bedroom Apartment?
The best deal on a cheap Downtown Lynnwood Three Bedroom Apartment rental is at Ravenswood and starts from $2,224.
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.

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.

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.