Cheap Apartments for Rent in the Martha Lake Neighborhood of Lynnwood, WA from $1,200 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Martha Lake area of Lynnwood.

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Martha Lake
1 to 3 Bedroom Apartments

Martha Lake

16626 6th Ave WLynnwood, WA 98037

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

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Hillcrest Estates
1 to 3 Bedroom Apartments

Hillcrest Estates

1007 130th Ave SWEverett, WA 98204
Showing Results 1-29, Page 1 of 1

Martha Lake, Lynnwood, WA Local Guide

Cheapest Available Martha Lake Apartments for Rent

 

The cheapest available apartment rental in the Martha Lake area of Seattle, WA is a Studio unit found at Koz on Alderwood Mall Blvd priced from $1,275. Heatherwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,542. Here are the most affordable Martha Lake apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Koz on Alderwood Mall BlvdType KStudio,1BA$1,275
Heatherwood1 Bedroom, 1 Bath1BR,1BA$1,542
EmberSTUDIO MFTEStudio,1BA$1,550
Serra Vista Apartment HomesOne Bedroom One Bathroom1BR,1BA$1,568
Puget ParkAvalon1BR,1BA$1,576
Madison WayBaker1BR,1BA$1,582
LatitudeAscend1BR,1BA$1,585
The DistrictLincoln1BR,1BA$1,586
Hangar 128 Apartments1 Bedroom 1 Bath1BR,1BA$1,594
Ovation at Paine Field 55+ Senior CommunityBeverly1BR,1BA$1,601

Best Value Apartments for Rent in Martha Lake, WA

As of March 26, 2025 the best value apartment in the Martha Lake area is the $2.06 price per square foot 3x2 Renovated Model at The Marina at Martha Lake in the in the Martha Lake neighborhood starting from $2,475. The second greatest value Martha Lake apartment is the Two Bedroom Model at Parkwood at Mill Creek starting at $2,517 with a $2.15 price per square foot in the Martha Lake neighborhood. Here is today’s list of the best values for Martha Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marina at Martha Lake3x2 Renovated3BR,2BA$2.06
Parkwood at Mill CreekTwo Bedroom2BR,2BA$2.15
Station at Mill Creek2br 1.5ba2BR,1.5BA$1.80
Millwood EstatesMadrona2BR,2BA$1.94
Waterstone at Silver CreekFrench Creek2BR,1BA$2.31
Madison WayBaker1BR,1BA$1.83
Monterra in Mill Creek1 Bed 1 Bath Den A1BR,1BA$2.29
Meadows at Martha Lake1x1 B1BR,1BA$2.15
Puget ParkAvalon1BR,1BA$1.92
Heatherwood1 Bedroom, 1 Bath1BR,1BA$2.01

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Pet Friendly Lifestyle
Martha Lake, Lynnwood, WA

Ranked #3

Among neighborhoods in Lynnwood, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Martha Lake, Lynnwood, WA

School data provided by Great Schools

Best Local Schools in
Martha Lake, Lynnwood, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Washington and customized analysis for Northern Seattle. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Martha Lake Neighborhood in Lynnwood, WA

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

61 / 100

Bikeable

Some 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 Martha Lake Apartments

What is a cheap apartment in Martha Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Martha Lake is under $1,601.

What is the price of a cheap apartment in Martha Lake?

The cheapest apartment in Martha Lake is Heatherwood which is listed at $1,542, while the average apartment in Martha Lake costs $2,713.

What types of apartments are the cheapest in Martha Lake?

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 5,819 regular apartments in Martha Lake 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 Martha Lake?

Cheap apartments in Martha Lake have an average cost of $1,331 which is $1,382 cheaper than the average rent for all rentals in Martha Lake.

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.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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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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.

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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.

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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.