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Bonney Lake, WA Homes for Rent

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    Starting at $1,845 Per Month

    • 1 - 3 Beds

    9002 186th Ave E, Bonney Lake, WA 98391

    Convenient to Highways 410, 167, 512 and prime shopping, dining and entertainment locations, Renwood's garden style setting features spacious 1, 2 and 3 bedroom apartment homes featuring airy, open floor plans, gourmet kitchens, and full sized washers and dryers. With a large seasonal pool, outdoor community area, a modern fitness center, playground, BBQ, business center, and luxurious community

    Renwood Apartment Homes

    9002 186th Ave E, Bonney Lake, WA 98391
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    Starting at $1,895 Per Month

    • 1 - 2 Beds

    18426 Veterans Memorial Dr E, Bonney Lake, WA 98391

    Brand new, conveniently located Bonney Lake apartments. At Hillside you'll find thoughtfully designed floor plans and amenities. Choose between spacious one- or two-bedroom apartments and enjoy easy access to local shops, restaurants, and entertainment.

    Hillside Apartments

    18426 Veterans Memorial Dr E, Bonney Lake, WA 98391
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    Starting at $2,395 Per Month

    • 2 Beds

    8508-8518 Main St E, Bonney Lake, WA 98391

    Fall in love with the luxury and charm of your new home at Greenwood Heights Apartments. Located in Bonney Lake, WA Greenwood Heights Apartments is tucked away from big city life offering quiet and peaceful residential living in the Summit neighborhood. However, you will never find yourself too far from dining and convenient shopping locations including Target, Red Robin, Marshalls and Sonic

    Greenwood Heights

    8508-8518 Main St E, Bonney Lake, WA 98391
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    Starting at $1,734 Per Month

    • 1 - 3 Beds

    6821 Udall Place SE, Auburn, WA 98092

    Four Lakes is the newest premier luxury apartment community in the beautiful Lakeland Hills, just a stone's throw away from Lake Tapps. Convenient to Highway 167 and prime shopping locations, Four Lakes features spacious 1, 2 and 3 bedroom units, some with attached garages, some with views of Mt. Rainier, and all with microwaves, washers & dryers, and extra storage. The deluxe clubhouse and state

    Four Lakes Apartment Homes

    6821 Udall Place SE, Auburn, WA 98092
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    Starting at $2,225 Per Month

    • 2 Beds

    8609 Locust Ave E, Bonney Lake, WA 98391

    If you're looking for a comfortable and convenient living experience in Bonney Lake, WA, Northwest Terrace Apartments are perfect for you. With a great location and top-notch amenities, these apartments are designed to provide you with a peaceful and hassle-free lifestyle. The apartments come with a range of modern amenities such as a fully equipped kitchen, washer and dryer, and private balcony.

    NorthWest Terrace Apartments

    8609 Locust Ave E, Bonney Lake, WA 98391
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    $3,295 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,538 Sq Ft
    • House for Rent

    12950 190th Ave E, Bonney Lake, WA 98391

    Beautiful Bonney Lake home with 3 bedrooms and 2.5 baths. Located in the blossoming Tehaleh community, this home features a large primary suite with large walk-in closet, primary bathroom, stainless steel appliances, LARGE fully-fenced yard and spacious one car garage. Easy commute to Lake Tapps, Auburn, Tacoma, and SeaTac Airport. This ALMOST new, single-family home boasts 3 spacious bedrooms,

    Brenden DuBois Pointe3 Real Estate

    12950 190th Ave E, Bonney Lake, WA 98391
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    $2,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,430 Sq Ft
    • Townhouse for Rent

    15323 207th Ave E, Bonney Lake, WA 98391

    Beautiful Bonney Lake townhome with 3 bedrooms and 3 baths. Located in the blossoming Tehaleh community, this home features a large primary suite with large walk-in closet, primary bathroom, stainless steel appliances and two car garage. Easy commute to Lake Tapps, Auburn, Tacoma, and SeaTac Airport. This BRAND-NEW, townhome boasts 3 spacious bedrooms, 2.25 bathrooms and 1430 sq feet! With a

    Brenden DuBois Pointe3 Real Estate

    15323 207th Ave E, Bonney Lake, WA 98391
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    $2,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,620 Sq Ft
    • House for Rent

    10203 217th Avenue Ct E, Bonney Lake, WA 98391

    Bright 3 bedroom 2 bath home in family park. The large kitchen opens to the dining room and huge family room. Laundry room off kitchen. Additional living room with 2 bedrooms and bath at one end, main suite with full bath at the other end. Covered front porch. Storage shed. Park offers sports court area. Block away from Hwy 410 and Safeway. Rental includes lot rent, 2 adults, 2 cars. The tenant

    Debra Goethals RE/MAX Extra Inc.

    10203 217th Avenue Ct E, Bonney Lake, WA 98391

Why Live in Bonney Lake

Bonney Lake, WA, is a lakeside city situated on the banks of Lake Tapps, approximately 15 miles east of Tacoma. Known for its waterfront parks and suburban subdivisions, Bonney Lake offers a blend of natural beauty and suburban convenience. The city is a gateway to the Cascade Mountain Range, with Mount Rainier and Crystal Mountain ski resort just an hour away. Allan Yorke Park, located on the water’s edge, features walking trails, a playground, and a skate park, making it a popular summer destination for boating, fishing, swimming, and water-skiing. The city boasts a variety of home styles, from modest midcentury designs to contemporary homes, with newer subdivisions like Tehaleh providing modern amenities and planned community features. Commercial strips along State Route 410 include big box stores such as Costco, The Home Depot, and Target, as well as a mix of chain and local restaurants. The highly rated Sumner-Bonney Lake School District contributes to the city's appeal, offering quality education. Residents typically rely on cars for transportation, with heavy traffic common on routes to Tacoma and Seattle. The Seattle-Tacoma International Airport is about 28 miles away, and the closest major hospital is 8 miles west in Puyallup. Bonney Lake has lower crime rates compared to the national average, making it a safer community for residents.

Frequently Asked Questions

How much does it cost to rent a home in Bonney Lake, WA?
The median rent for a home in Bonney Lake, WA is $3,170 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Bonney Lake, WA?
To comfortably afford the median rent in Bonney Lake, WA, a household needs to earn roughly $126,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,170 per month in Bonney Lake, WA, renters typically need to show $9,510 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bonney Lake, WA?
In Bonney Lake, WA, the price-to-rent ratio is 18.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Bonney Lake, WA are best for renting a home?
The best neighborhood for renting in Bonney Lake, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Auburn, Downtown Auburn, Clover Creek, Plateau and East Fife, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$3,170
Median Single Family Home Rent
$3,183
Median Townhouse Rent
$3,250
Median Condo Rent
$1,913
How to Rent a Home