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Mountlake Terrace, WA Homes for Rent

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  • /75

    Starting at $1,643 Per Month

    • Studio - 3 Beds

    24000 Vanry Blvd, Mountlake Terrace, WA 98043

    Discover the best of both worlds at Terrace Station Apartments in Mountlake Terrace-where you can enjoy more space, comfort, and connection just north of Seattle. Start your day with a workout in the fitness center or a romp with your pup in the dog run, then settle into modern co-working spaces or hop downtown in minutes. Evenings are made for relaxing or entertaining, whether you're watching a

    Terrace Station Apartments

    24000 Vanry Blvd, Mountlake Terrace, WA 98043
  • /77

    Starting at $1,825 Per Month

    • 1 - 2 Beds

    4402 212th St SW, Mountlake Terrace, WA 98043

    We look forward to welcoming you home! Call us today at the phone number listed in our contact info to speak with one of our friendly leasing team members.Come home to a place where residents always come first -Northern Lights Apartments! This quiet, comfortable apartment community is located in an ideal Mountlake Terrace neighborhood - just a short distance from Alderwood Mall, I-5 and

    Northern Lights

    4402 212th St SW, Mountlake Terrace, WA 98043
  • /32

    Starting at $1,762

    Total Monthly Price

    • 1 - 2 Beds

    5424 212th St SW, Mountlake Terrace, WA 98043

    Welcome to Aspire Apartments at Mountlake Terrace, where our lush, welcoming property invites you to experience the best of the Pacific Northwest. In your newly-renovated one-bedroom or two-bedroom apartment home, you can enjoy brand-new hardwood-style flooring and stone countertops, in-home washer and dryer units, a cozy wood-burning fireplace, and more. Our community amenities, like our

    Aspire Apartments at Mountlake Terrace

    5424 212th St SW, Mountlake Terrace, WA 98043
  • /29

    Starting at $1,640

    Total Monthly Price

    • 1 - 3 Beds

    4208 236th St SW, Mountlake Terrace, WA 98043

    Taluswood Apartments offers beautifully renovated one, two, and three-bedroom apartment homes in Mountlake Terrace, Washington. Surrounded by lush greenery and peaceful wooded landscapes, the community blends modern comfort with the tranquility of the Pacific Northwest. Residents enjoy thoughtfully designed interiors alongside access to outdoor recreation and convenient commuter routes. With

    Taluswood Apartments

    4208 236th St SW, Mountlake Terrace, WA 98043
  • /23

    Starting at $1,699 Per Month

    • Studio - 2 Beds

    23511 56th Ave W, Mountlake Terrace, WA 98043

    Named after an ancient Greek Titan, Atlas is a term used to describe a set of maps to guide travel seekers on their quest for adventure. Just outside the city of Seattle, in the beautiful Pacific Northwest, the comfort and convenience of Mountlake Terrace is undeniable. Tucked away in a charming neighborhood off I-5, Atlas 236 combines the feeling of home and adventure all in one place.When you

    Atlas 236

    23511 56th Ave W, Mountlake Terrace, WA 98043
  • /50

    Starting at $1,515 Per Month

    • 1 Bed

    1795 NE 205th St, Shoreline, WA 98155

    Welcome to 205 Apartments, a peaceful and welcoming community nestled along NE 205th Street in the heart of Shoreline. Surrounded by quiet residential streets and lush Northwest greenery, this property offers a calm retreat while placing you close to everyday essentials, local parks, and convenient transit options. It’s the ideal setting for anyone seeking comfort, simplicity, and a friendly

    205 Apartments

    1795 NE 205th St, Shoreline, WA 98155
  • /31

    Starting at $1,582 Per Month

    • 1 - 5 Beds

    20921 44th Ave W, Lynnwood, WA 98036

    Welcome to Scriber Creek Apartments of Lynnwood located in Lynnwood, WA. We are proud to be one of the leading providers of affordable rental housing in the State of Washington. We offer many floor plans, from a 1 bedroom flat to a 5 bedroom townhouse. We are confident that living here will be a rewarding experience and look forward to assisting you in finding your ideal apartment home here at

    Scriber Creek Apartments

    20921 44th Ave W, Lynnwood, WA 98036
  • /35

    Starting at $1,764 Per Month

    • 1 - 3 Beds

    23905 van Ry Blvd, Mountlake Terrace, WA 98043

    MOVE IN READY APARTMENTS!EMBARK ON YOUR JOURNEYTraxx Apartments is a brand-new mixed-use residential retreat where luxury apartments seamlessly intertwine with vibrant indoor and outdoor retail spaces and high-end amenities, delivering a lifestyle experience like no other. Discover the finest modern finishes inside your studio, one, two, or three-bedroom apartment, as well as an unbeatable

    Traxx Apartments

    23905 van Ry Blvd, Mountlake Terrace, WA 98043
  • /16

    Starting at $1,695 Per Month

    • 1 - 3 Beds

    0 20060-20318 15th Ave NE, Shoreline, WA 98155

    Choose one of our luxury 1 or 2 bedrooms units and live in style! Each apartment is designed with unique touches, including hard wood flooring, deluxe kitchens, slab granite, and more. Conveniently located in Shoreline, Ballinger Place is just minutes from I-5, shopping, restaurants, and more. Contact us today for a tour of this one-of-a-kind property!

    Ballinger Place, LLC

    0 20060-20318 15th Ave NE, Shoreline, WA 98155
  • /25

    Starting at $1,850 Per Month

    • Studio - 2 Beds

    23601 56th Ave W, Mountlake Terrace, WA 98043

    Step out, step on, and be on your way: Seamless connections to Everywhere You Want to BeAt Arbor Village Apartments, you're at the heart of mobility. The nearby transit center whisks you to Downtown Seattle or Everett in minutes. Bus and train lines abound, and I-5 is just a hop away for quick drives. Even without wheels, our walkable neighborhood ensures essentials and local spots are just steps

    Arbor Village

    23601 56th Ave W, Mountlake Terrace, WA 98043
  • /20

    Starting at $1,500 Per Month

    • 1 - 2 Beds

    4713 216th St SW, Mountlake Terrace, WA 98043

    Thank you for your interest in Terrace Heights! Features include a cozy fireplace, a kitchenette and dining room area for parties, and two lounging areas to read; watch television, hang out with friends and family or just relax with your notebook and free wifi. We offer a 24 hour fitness area and sauna. Right outside we offer a wonderful seasonal pool, a full sized basketball, volleyball, and

    Terrace Heights

    4713 216th St SW, Mountlake Terrace, WA 98043
  • /11

    $2,700 Per Month

    • 3 Beds
    • 1,181 Sq Ft
    • House for Rent

    21906 55th Ave W, Mountlake Terrace, WA 98043

    Charming 3 Bedroom Home in Mountlake Terrace. This charming home is located on a quiet street with easy access to I-5 and close to shopping. The house was just painted and had brand new carpeting installed throughout. The kitchen features an adjacent eating space with sliding glass doors leading to the large patio. Two smaller bedrooms and the bath are located at the end of the hallway. The very

    Christian Dema Windermere PM/JMW Group

    21906 55th Ave W, Mountlake Terrace, WA 98043
  • /22

    $2,600 Per Month

    • 3 Beds
    • 1 Bath
    • 952 Sq Ft
    • House for Rent

    6304 232nd St SW, Mountlake Terrace, WA 98043

    3-bed, 1-bath rambler in desirable Mountlake Terrace location. With 952 sq ft of living space, this private home sits on a large, fenced lot, offering plenty of room for outdoor activities. Enjoy ease of access with a front gate, and take advantage of convenient storage options. Close proximity to I-5 and shopping makes commuting or running errands a breeze. The spacious backyard provides a

    Craig Walker Keller Williams Rlty Bellevue

    6304 232nd St SW, Mountlake Terrace, WA 98043
  • /53

    $298,000 Per Month

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • Condo for Rent

    7305 224th St SW, Edmonds, WA 98026

    Welcome to this quiet & beautifully renovated home featuring a brand-new kitchen with a breakfast bar that opens seamlessly to the living and dining areas. Step outside to a private balcony, perfect for enjoying fresh air and morning coffee. A spacious primary bedroom with a walk-in closet, and a second bedroom (great for guests or office) that completes the comfortable, well-designed floor plan.

    Willie Hammond IDEAL Real Estate

    7305 224th St SW, Edmonds, WA 98026

Why Live in Mountlake Terrace

Mountlake Terrace, WA, is a metropolitan suburb north of Seattle with a population of around 22,000. This smaller city offers a blend of urban and outdoor living, featuring nine parks within its 4-mile radius, trails, and a waterfront area. The city is conveniently located near major employers in Bothell and Everett, and is close to Seattle, making it an attractive location for residents. Housing options include single-family homes ranging from mid-century ranch styles to new traditional designs, particularly in areas like Lake Ballinger and Town Center. Condos and apartments are also available in neighborhoods such as Cascade View and Gateway. Mountlake Terrace boasts nearly 270 acres of recreational space, including Ballinger Lake with its fishing pier and Nile Shrine Golf Course. Terrace Creek Park, known locally as "Candy Cane Park," hosts movie nights and live music during the Terrace Summer Nights series. For shopping, Ballinger Village offers retail options, while state Highway 99 features major grocers and big box stores. The Edmonds School District serves the area, with highly rated schools such as Brier Elementary, Brier Terrace Middle School, and Mountlake Terrace High School. The city is accessible via Sound Transit light rail, Interstate 5, and Community Transit buses, connecting residents to Seattle and SeaTac Airport. Safety is a consideration, with violent crime figures decreasing since 2021, although vehicle thefts and burglaries have seen an uptick.

Frequently Asked Questions

How much does it cost to rent a home in Mountlake Terrace, WA?
The median rent for a home in Mountlake Terrace, WA is $2,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $104,000 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 $2,600 per month in Mountlake Terrace, WA, renters typically need to show $7,800 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 20.0, 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 Mountlake Terrace, WA are best for renting a home?
The best neighborhood for renting in Mountlake Terrace, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Cascade View, Chase Lake, North City, Maple Park - Cherry Hill and Queensborough-Brentwood, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
14
Median Rent
$2,600
Median Single Family Home Rent
$2,700
Median Townhouse Rent
$2,668
Median Condo Rent
$1,900
How to Rent a Home