Apartments For Rent in Mountlake Terrace, WA

40 rentals

Apartments For Rent Near Mountlake Terrace, WA

We found 30 more apartments matching your filters just outside Mountlake Terrace

What Locals Say about Mountlake Terrace

  • Djsteverivera
    "This fantastic location is just a short distance from I-5 and mere blocks from the light rail and transit center! Not to mention, you’re conveniently close to the mall and an array of delightful restaurants. It’s the perfect spot for easy commuting and enjoying local amenities!"
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  • Harriet Hildebrand
    "Love Tour de Terrace. Appreciate seeing the same friendly faces at the many small/family owned businesses in town."
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  • Dahlia H
    "Edmonds dog beach, local city parks have dog play areas, a few local small business boarding. Pet stores nearby. "
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  • Melody M.
    "My neighborhood is in close proximity of schools, grocery stores, bus stops and parks. A car in my opinion is not mandatory. I feel that everything is in walking distance if you don't mind walking. "
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  • Heidimward8
    "There is an offleash dog park that is well maintained and centrally located in the neighborhood with friendly owners."
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  • Cj1234567891
    "It’s a nice place to live and it’s a nice community. Everyone is friendly. Traffic isn’t to bad and for the most part it’s clean"
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  • Robin F.
    "There are always families and children’s walking in the neighborhood to get exercise. We also have people that walk their dogs in the neighborhood as well. A mile down the road is a farmers market and another mile passed that is Fred Meyer. This is a quiet neighborhood, friendly people and access to Ballard lake and shopping."
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  • Ian O.
    "This place is amazing and it is close to Seattle and Bellevue , the local shops are perfect and Alderwood Mall has all you need"
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  • Wendinicacio
    "I work at home so I would not know. There is a transit station right down the street. We also live right on the cusp of I5 and 405 so it is very convenient "
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  • Asiya B.
    "I've lived in this neighborhood for 11 years as a single mother, I am familiar with the school district and the growing community. "
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  • Patti W.
    "great schools. stores within walking distance. lots of sports to join. two pools close to home, one in MLT the other by Lynnwood library. "
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  • Donna G.
    "Great small community, lovely green spaces and parks. Nurturing neighbors. Good schools, churches, quiet and pride of ownership."
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  • Asiya B.
    "its a great neighborhood to raise children. A lot of schools public and private are located within walking distance of homes. "
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  • twatkins
    "I grew up in Mountlake Terrace and my parents owned a house there for 45 years. Like everything, it has changed quite a bit. But we always were blessed with great neighbors, we played outside growing up and it was close to the freeway to get north or south easily! It will always hold a special place in my heart. "
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  • Melindakogilvie
    "MLT is as close as you can get to a small town in a big city. it's a great commute for couples were one person who works in Seattle and the other works on the eastside. it is, however, slowly losing it's small town feel."
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  • Kim C. L.
    "I've lived here for 59 years & love it. I'm not crazy about all of the senior housing being built & peeps being forced out of their homes for the Light Rail... But overall it's forever my home."
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  • Xegotrip
    "everyone I mean everyone! has a dog the houses were all tiny cinder block houses but most have been remodeled made bigger or torn down. they have huge yards where I live "
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  • Tammy T.
    "Lots of dogs and most leashed when walking;people walking their dogs seem friendly and most are fairly talkative "
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  • Johnnychoi206
    "It’s a nice place to live. Everything is close. Close to I5 and close to the shopping centers. It take about 20 minuets to downtown Seattle. The neighborhood is friendly and the school district is not bad."
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  • Hjwulfmancraig
    "This is a great neighborhood if want to live near Seattle and aren’t quite ready to buy. It’s a lovely rental community. Now that I’m looking to buy I don’t intend to stay in Mountlake Terrace."
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  • khtroysr
    "Excellent area because of all the amenities that are located in vicinity."
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Average Rent Trends in Mountlake Terrace, WA

Rent in Mountlake Terrace, WA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jul 2025$2,650
Aug 2025$2,357
Sep 2025$2,500
Oct 2025$2,300
Nov 2025$2,300
Dec 2025$2,493
Jan 2026$2,300
Feb 2026$2,369
Mar 2026$2,275
Apr 2026$2,200
May 2026$2,325
Jun 2026$2,169
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,750$2,125$2,795$3,400$2,180
Townhomes—$2,300$2,500—$2,300
Apartments and Condos$1,750$2,031$3,195$4,250$2,100
Houses—$2,366$2,795$3,400$2,795
See more information about local market trends in Mountlake Terrace, WA

Frequently Asked Questions about Rentals in Mountlake Terrace, WA

  • What is the average rent of an apartment in Mountlake Terrace, WA?
    The average rent of an apartment in Mountlake Terrace, WA is $2,201 per month. This is about 14% higher than the national average.
  • What is the average rent of a house in Mountlake Terrace, WA?
    The average rent of a house in Mountlake Terrace, WA is $2,795 per month. This is about 45% higher than the national average.
  • What is the average rent of a townhome in Mountlake Terrace, WA?
    The average rent of a townhome in Mountlake Terrace, WA is $2,300 per month. This is about 19% higher than the national average.
  • When is the average rent cheapest in Mountlake Terrace, WA?
    In the last year, the average rent in Mountlake Terrace, WA was lowest in Feb 2025 when it was $2,200 per month.
  • When is the average rent most expensive in Mountlake Terrace, WA?
    In the last year, the average rent in Mountlake Terrace, WA was highest in Jul 2025 when it was $2,650 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Mountlake Terrace, WA?
    The average rent of a 1 bedroom apartment in Mountlake Terrace, WA is $1,750 per month. That is about $57 less than the cost of a studio apartment.
  • How many available rental listings are in Mountlake Terrace, WA?
    There are 43 available rental listings in Mountlake Terrace, WA.
  • What are some zip codes in Mountlake Terrace, WA?
    Mountlake Terrace, WA includes zip codes such as: 98043.
  • What are some cities near Mountlake Terrace, WA?
    Some nearby cities include: Brier, Lake Forest Park, Shoreline, Edmonds, Lynnwood. These cities may have more rental options to explore.