
Cheap Apartments for Rent in Mountlake Terrace, WA from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Mountlake Terrace.


192 Shoreline

Koz on Alderwood Mall Blvd

Ion Town Center

Alderwood Court Senior Affordable Apartments

Sunrise 11
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

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 |
---|---|---|---|
Mountlake Terrace Studio Apartments | $1,550 | $950 | $10,000+ |
Mountlake Terrace 1 Bedroom Apartments | $2,118 | $1,197 | $10,000+ |
Mountlake Terrace 2 Bedroom Apartments | $2,635 | $1,424 | $10,000+ |
Mountlake Terrace 3 Bedroom Apartments | $2,426 | $600 | $3,910 |
Mountlake Terrace 4 Bedroom Apartments | $2,365 | $1,838 | $2,496 |
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 and Nearby
 The cheapest available apartment rental in Mountlake Terrace, WA is a 1 Bed unit found at 192 Shoreline in the Aurora Marketplace neighborhood priced from $1,099. Ballinger Court Senior Affordable Apartments in the Aurora Marketplace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Mountlake Terrace apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
192 Shoreline | Goat | 1BR,1BA | $1,099 |
Ballinger Court Senior Affordable Apartments | A2 | 1BR,1BA | $1,199 |
Koz on Alderwood Mall Blvd | Type K | Studio,1BA | $1,250 |
Reserve at Lynnwood 55+ Affordable Living | 1 Bed 1 Bath A6 | 1BR,1BA | $1,299 |
Ion Town Center | Studio C | Studio,1BA | $1,349 |
Best Value Apartments for Rent in Mountlake Terrace, WA and Nearby
As of March 22, 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 7714 196th St SW Model at 7714 196th St SW, Unit 209 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 |
7714 196th St SW, Unit 209 | 7714 196th St SW | 3BR,2BA | $2.09 |
Olympic West Apartments | 3 Bedroom | 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 |
Motif Apartments | 2X2E | 2BR,2BA | $2.26 |
Beaver Creek | 3 Bedroom 1 Bath 60% AMI | 3BR,1BA | $2.07 |
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 $1,250.
How much is rent for a Cheap One Bedroom Mountlake Terrace Apartment?
The lowest price for a Cheap One Bedroom Mountlake Terrace Apartment is $1,099 at 192 Shoreline.
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 $1,658 at Pinnacle One.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.