Cheap Homes for Rent in Mountlake Terrace, WA from $1,600 (5 Rentals)

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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

Mountlake Terrace, WA Local Guide

Cheapest Available Mountlake Terrace Apartments for Rent

 

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 ListingModel NameBed/BathPriced From
192 ShorelineGoat1BR,1BA$1,099
Ballinger Court Senior Affordable ApartmentsA21BR,1BA$1,199
Koz on Alderwood Mall BlvdType KStudio,1BA$1,250

Best Value Apartments for Rent in Mountlake Terrace, WA

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Scriber Creek ApartmentsDaffodil ADA4BR,2BA$1.96
7714 196th St SW, Unit 2097714 196th St SW3BR,2BA$2.09
Olympic West Apartments3 Bedroom3BR,2BA$2.09
Edgewood NorthTwo Bedroom and Two Bath- A2BR,2BA$2.06
Fairway Apartments1x1.5 Loft1BR,1.5BA$2.04
Motif Apartments2X2E2BR,2BA$2.26
Beaver Creek3 Bedroom 1 Bath 60% AMI3BR,1BA$2.07
Polaris at North CityCapella2BR,2BA$2.18
Heather Ridge Apartments1x1 LS1BR,1BA$2.05
Tanglewood Apartments1 bed 1 bath A1BR,1BA$2.18

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Frequently Asked Questions about Mountlake Terrace

What type of rentals are currently available in Mountlake Terrace?

There are currently 425 Apartments for Rent in Mountlake Terrace, WA with pricing that ranges from $600 to $15,729. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountlake Terrace ranging from $1,650 to $12,000.

What is the current price range for Rental Homes in Mountlake Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mountlake Terrace ranges from $1,650 to $12,000 with an average monthly rent of $4,465.

How much are larger Three and Four Bedroom Rentals in Mountlake Terrace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mountlake Terrace range from $600 to $3,910, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $3,425. Four Bedroom Single-Family rentals are also available starting from $1,805 and Four Bedroom Apartments start at $1,838.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.