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Mountlake Terrace, WA Condo for Rent

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    $2,650 Per Month

    • 2 Beds
    • 1,020 Sq Ft
    • Condo for Rent

    4403 216th St SW Unit C, Mountlake Terrace, WA 98043

    Beautifully updated 2 Bedroom, 2 Bath Top Floor End Condo with 2 dedicated parking spaces! Gorgeous Living Room with gleaming hardwood floors, wood burning fireplace, and the vaulted ceiling gives it a light and roomy feeling with a great room concept. Kitchen with newer appliances, under cabinet lighting, and generous counter and storage space. Large bedrooms and closets. Tiled primary and guest

    Ann Lopez Windermere PM/JMW Group

    4403 216th St SW Unit C, Mountlake Terrace, WA 98043

Frequently Asked Questions

How much does it cost to rent a condo in Mountlake Terrace, WA?
The median rent for a condo in Mountlake Terrace, WA is $2,650 per month, though prices vary by neighborhood, size, and property type. As of June 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 Mountlake Terrace, WA?
To comfortably afford the median rent in Mountlake Terrace, WA, a household needs to earn roughly $111,800 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 $2,795 per month in Mountlake Terrace, WA, renters typically need to show $8,385 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 Mountlake Terrace, WA?
In Mountlake Terrace, WA, the price-to-rent ratio is 18.9, 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.

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,650
Median 2 Bedroom Condo Rent
$2,650
How to Rent a Home