36

Studio Apartments for Rent in Mountlake Terrace, WA

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    Starting at $1,718 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

    (425) 671-9013

    24000 Vanry Blvd, Mountlake Terrace, WA 98043
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    Starting at $1,775 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

    (425) 406-3083

    23511 56th Ave W, Mountlake Terrace, WA 98043
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    Starting at $1,489 Per Month

    • Studio - 3 Beds

    20221 Aurora Ave N, Shoreline, WA 98133

    The Artiste Apartment Homes offers high-end, pet-friendly apartments in Shoreline, WA, near Puget Sound and north Seattle. Live in a spacious studio, 1, 2, or 3-bedroom apartment with a modern kitchen featuring granite countertops, stainless steel appliances, a kitchen island, and a pantry. You'll also have A/C, a private patio or balcony, and in-unit laundry. Take advantage of our community

    The Artiste

    (425) 696-4624

    20221 Aurora Ave N, Shoreline, WA 98133

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 $2,795 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses and condos 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 19.0, 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 North City, Pinehurst and Lake City, each with its own character and price range.

Rental Home Trends in Mountlake Terrace, WA

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,795
Median Single Family Home Rent
$2,745
Median Townhouse Rent
$2,990
Median Condo Rent
$4,935
How to Rent a Home