Cheap Apartments for Rent in Mountlake Terrace, WA from $900 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Mountlake Terrace.

192 Shoreline

Koz on Alderwood Mall Blvd

Ion Town Center

Pacific Park Apartment Homes

Alderwood Court Senior Affordable Apartments

Two 10 by Vintage

Arabella Apartment Homes

Sunrise 11

1121 N 200th St
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

The Blakely at Echo Lake

Scriber Creek Apartments

The Postmark

Tanglewood Apartments

Echo Lake Apartment Homes

Octavia

The Encore

5631 186th Pl SW, Unit 10

Wildwood Apartments

Arabella Apartment Homes II

Reserve at Lynnwood 55+ Affordable Living
Mountlake Terrace, WA Local Guide

How much does it cost to rent an apartment in Mountlake Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Mountlake Terrace Studio Apartments | $1,561 | $950 | $10,000+ |
Cheap Mountlake Terrace 1 Bedroom Apartments | $2,100 | $1,099 | $10,000+ |
Cheap Mountlake Terrace 2 Bedroom Apartments | $2,643 | $1,424 | $10,000+ |
Cheap Mountlake Terrace 3 Bedroom Apartments | $2,467 | $1,648 | $3,910 |
Cheap Mountlake Terrace 4 Bedroom Apartments | $2,397 | $1,838 | $2,950 |
Browse Top Apartments in Mountlake Terrace
See all Apartments in Mountlake TerraceExplore Mountlake Terrace
Mountlake Terrace, WA Local Guide
- Mountlake Terrace Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mountlake Terrace Apartments for Rent
 The cheapest available apartment rental in Mountlake Terrace, WA is a 1 Bed unit found at Ballinger Court Senior Affordable Apartments in the Aurora Marketplace neighborhood priced from $1,199. Koz on Alderwood Mall Blvd in the Seattle Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here is today’s list of the most affordable Mountlake Terrace apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ballinger Court Senior Affordable Apartments | A2 | 1BR,1BA | $1,199 |
Koz on Alderwood Mall Blvd | Type K | Studio,1BA | $1,275 |
Geo | Studio MFTE | Studio,1BA | $1,349 |
Ion Town Center | Studio C | Studio,1BA | $1,349 |
Pacific Park Apartment Homes | Studio | Studio,1BA | $1,350 |
Arabella Apartment Homes | Studio I | Studio,1BA | $1,369 |
Timber Grove Apartments | 1/1.00 | 1BR,1BA | $1,395 |
Sunrise 11 | Studio | Studio,1BA | $1,400 |
The Blakely at Echo Lake | 1 Bed 1 Bath | 1BR,1BA | $1,430 |
City Center at Lynnwood | S3 | Studio,1BA | $1,452 |
Best Value Apartments for Rent in Mountlake Terrace, WA
As of March 28, 2025 the best value apartment in the Mountlake Terrace area is the $1.96 price per square foot Daffodil ADA Model at Scriber Creek Apartments in the in the East Terrace neighborhood starting from $2,443. The second greatest value Mountlake Terrace apartment is the 3 Bedroom Model at Olympic West Apartments starting at $2,395 with a $2.09 price per square foot in the Seattle Heights neighborhood. Here is today’s list of the best values for Mountlake Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Scriber Creek Apartments | Daffodil ADA | 4BR,2BA | $1.96 |
Olympic West Apartments | 3 Bedroom | 3BR,2BA | $2.09 |
7714 196th St SW, Unit 209 | 7714 196th St SW | 3BR,2BA | $2.09 |
Edgewood North | Two Bedroom and Two Bath- A | 2BR,2BA | $2.06 |
Fairway Apartments | 1x1.5 Loft | 1BR,1.5BA | $2.04 |
Beaver Creek | 3 Bedroom 1 Bath 60% AMI | 3BR,1BA | $2.07 |
Wildwood Apartments | 2x1 - Renovated | 2BR,1BA | $2.09 |
Polaris at North City | Capella | 2BR,2BA | $2.18 |
Heather Ridge Apartments | 1x1 LS | 1BR,1BA | $2.05 |
Tanglewood Apartments | 1 bed 1 bath A | 1BR,1BA | $2.18 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mountlake Terrace, WA Rentals by Map
See the most popular apartments and homes in Mountlake Terrace, WA
Getting Around Mountlake Terrace, WA
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
2 / 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 Mountlake Terrace Apartments
What is the Cheapest Studio apartment in Mountlake Terrace?
Currently the most affordable Cheap Studio Apartment in Mountlake Terrace is at Koz on Alderwood Mall Blvd listed at $1,275.
How much is rent for a Cheap One Bedroom Mountlake Terrace Apartment?
The lowest price for a Cheap One Bedroom Mountlake Terrace Apartment is $1,199 at Ballinger Court Senior Affordable Apartments.
What is the lowest price for a Cheap Two Bedroom Mountlake Terrace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mountlake Terrace is starting from $1,595 at Timber Grove Apartments.
What is the most affordable Mountlake Terrace Three Bedroom Apartment?
The best deal on a cheap Mountlake Terrace Three Bedroom Apartment rental is at Beaver Creek and starts from $1,845.
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.