Homes & Apartments for Rent in Mountlake Terrace, WA

Apartment for rent at Atlas 236, 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 or 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 want to get away from it all, but still want to keep the city easily within reach, come home to Atlas 236.

Apartment for rent at Terrace Station, 24000 Van Ry Blvd, Mountlake Terrace, WA 98043

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Managed by Terrace Station

$1,689 - $2,079

Apartment1 Bed1 Bath

Terrace Station

24000 Van Ry Blvd, Mountlake Terrace, WA 98043

Brand New Apartments Now Leasing In Mountlake Terrace. Envision life just north of the city, where you can relax with all the amenities your urban-dwelling friends enjoy (and then some). Days can start with a spin in the fitness center for you and a quick run with your four-legged friend on one of several hiking trails nearby (with a stop at the dog wash station, depending on the weather). After that, head downtown or work remotely from the modern co-working spaces right here at home.

Townhouse for rent at 21912 64th Ave W, Mountlake Terrace, WA 98043

Featured

Managed by Guide Property Management

$2,695

Townhouse2 Beds1.5 Baths1,135 ft²

21912 64th Ave W

Mountlake Terrace, WA 98043

Welcome to Townhomes at Melody Hill. Nestled in Mountlake Terrace's Melody Hill neighborhood, our community offers 36 spacious 2-bedroom townhomes. Experience the convenience of in-unit laundry, modern upgrades and your very own private patio or balcony. With friendly on-site management, your needs are always taken care of. Find your new home today at Townhomes at Melody Hill. Patio, Pet Friendly, Access to Park, Washer/Dryer Inside Unit, Newly Renovated, Stainless Steel Appliances, Private Patio, Refrigerator, Stove/Oven, Washer & Dryer, Dishwasher, Carport, Fireplace & In-Unit Laundry. Pet Friendly.

Featured

Managed by Tony Houts

$2,600

Townhouse2 Beds2.5 Baths1,134 ft²

4804 215th Lane SW

Mountlake Terrace, WA 98043

Spacious 2-Bedroom Townhouse with 2-Car Garage - Available Now. Discover the perfect blend of comfort and convenience in this beautiful 2-bedroom, 2.25-bathroom townhouse, located in a desirable neighborhood. Built in 2011, this well-maintained home offers modern finishes and thoughtful design, making it an excellent choice for your next home. Key Features: Spacious Layout: Open-concept living with abundant natural light. Private Backyard: Enjoy your own outdoor space-perfect for relaxing. 2-Car Garage: Secure and convenient parking with extra storage space. Hardwood Floors: Stylish and easy-to-maintain flooring throughout the main living areas.

Managed by Key Management

$2,025

Apartment2 Beds1 Bath880 ft²

4402 212th St SW #D32

Mountlake Terrace, WA 98043

Available now in Mountlake Terrace 98043 and decked out with an exceptional arrangement of property features. We're now offering a wonderful 2Bd 1Ba priced to go quick at just $2025/mo. Settle into a remarkable way of life that you owe to yourself. Contact us for more information. Pet Friendly, Private balcony/deck, Dishwasher, Garbage Disposal, Microwave, Patio, Full Size Refrigerator, Outdoor space & City View.

Managed by Key Management

$2,068

Apartment2 Beds1 Bath819 ft²

4710 212th St SW #A22

Mountlake Terrace, WA 98043

2 bed 1 bath property centrally located in Mountlake Terrace WA 98043. Affordably priced at $2068 per mo and loaded with tremendous property features. Settle into a remarkable lifestyle that you deserve. Pet Friendly, Air conditioning, Private balcony/deck, Dishwasher, Garbage Disposal, Fireplace, Microwave, Play Ground, Full Size Refrigerator, Outdoor space, Sun Deck & City View.

Managed by Key Management

$1,449

Apartment1 Bed1 Bath492 ft²

21416 52nd Ave W #A11

Mountlake Terrace, WA 98043

Now available in Mountlake Terrace WA 98043, step into a rewarding lifestyle that you owe to yourself. Exceptional 1 bed 1 bath unit priced to go fast at just $1449/mo. Highlighted with an excellent combination of rental amenities - contact us today for more info. Pet Friendly, Dishwasher, Garbage Disposal, Elevator in building, Full Size Refrigerator, New Carpeting & Courtyard.

Managed by Key Management

$1,715

Apartment2 Beds1 Bath1,000 ft²

6102 St Albion Way #C32

Mountlake Terrace, WA 98043

We're delighted to offer a lovely 2 bedroom 1 bathroom unit priced to go quick at only $1715/month. Located in Mountlake Terrace WA and offered with excellent rental amenities. Experience an exceptional way of life that you owe to yourself. Pet Friendly, Private balcony/deck, Dishwasher, Patio, Play Ground & Full Size Refrigerator.

Managed by Key Management

$1,520

Apartment1 Bed1 Bath725 ft²

6102 St Albion Way #A11

Mountlake Terrace, WA 98043

1 Bd 1BA unit conveniently situated in Mountlake Terrace 98043. Affordably priced at just $1520/month and loaded with excellent rental amenities. Unwind in an appealing lifestyle that you need to see to believe. Contact us today for more details. Pet Friendly, Private balcony/deck, Dishwasher, Patio, Play Ground & Full Size Refrigerator.

Managed by Key Management

$1,927

Apartment2 Beds1 Bath1,000 ft²

22817 Lakeview Dr #D32

Mountlake Terrace, WA 98043

Now available in Mountlake Terrace 98043, embrace a charming lifestyle that you deserve. Awesome 2 bedroom 1 bathroom unit affordably priced at $1927/month. Decked out with the greatest choice of property features contact us today for more information. Pet Friendly, Private balcony/deck, Dishwasher, Patio, Outdoor space, City View & Courtyard.

Managed by Key Management

$1,724

Apartment1 Bed1 Bath657 ft²

4710 212th St SW #C21

Mountlake Terrace, WA 98043

1 Bd 1BA unit priced low at just $1724 per mo. Centrally located in Mountlake Terrace and loaded with the most outstanding assortment of property amenities. Step into a fantastic way of life that you deserve. Pet Friendly, Air conditioning, Private balcony/deck, Dishwasher, Garbage Disposal, Fireplace, Microwave, Play Ground, Full Size Refrigerator, Outdoor space, Sun Deck & City View.

Managed by Key Management

$1,670

Apartment2 Beds1 Bath655 ft²

21416 52nd Ave W #C32

Mountlake Terrace, WA 98043

2 bed 1 bath property for rent in Mountlake Terrace. Priced low at just $1670/month and offered with an ideal assortment of rental features. Enjoy an exceptional lifestyle that you will love. Pet Friendly, Dishwasher, Garbage Disposal, Elevator in building, Full Size Refrigerator, New Carpeting & Courtyard.

Viewing 1-12 of 12 rentals in Mountlake Terrace

What to Know About

Life in Mountlake Terrace & Beyond

Mountlake Terrace shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Mountlake Terrace, WA

As of March 2025, Mountlake Terrace's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mountlake Terrace's average rent is 46.1% ($807) higher than the Washington average of $1,752 and 43.1% ($771) higher than the U.S. average of $1,788.

Average Rent

$2,559

Monthly ChangeMonth Over Month Change

5.2% ($126)

Yearly ChangeYear Over Year Change

10.6% ($246)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,966	2.2% ($45)	2.9% ($55)
2 Beds	$2,398	0.2% ($4)	5.1% ($116)
3 Beds	$3,108	2.4% ($73)	7.8% ($225)

Nearby Cities	Average Rent	Avg. Rent vs. Mountlake TerraceAverage Rent vs. Mountlake Terrace	Avg. Days on MarketAverage Days on Market
Edmonds	$1,948	23.9% ($611)	22 days
Lynnwood	$2,198	14.1% ($361)	19 days
Kenmore	$1,843	28% ($716)	31 days
Bothell	$2,110	17.5% ($449)	28 days
Mukilteo	$1,471	42.5% ($1088)	23 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Mountlake Terrace Rental Market FAQs

Explore rental prices, market trends, and availability in Mountlake Terrace, WA.

What is the average rent in Mountlake Terrace, WA?

The average rent in Mountlake Terrace, WA is $2,559 per month.

What is the rental price range for homes in Mountlake Terrace, WA?

Homes in Mountlake Terrace typically rent for between $1,376 and $4,040 per month, with an average of $2,559 per month.

What is the average rent for different bedroom sizes in Mountlake Terrace, WA?

In Mountlake Terrace, the average rent for a 1-bedroom home is $1,966 per month, for a 2-bedroom home, $2,398 per month, and a 3-bedroom home is $3,108 per month.

How do rent prices in Mountlake Terrace, WA compare with the national average?

The average rent in Mountlake Terrace is 43.1% ($771) higher than the national average of $1,788 per month.

How have rent prices in Mountlake Terrace, WA changed recently?

The average rent in Mountlake Terrace has increased by 5.2% ($126) in the last month and increased by 10.6% ($246) over the past year.

How competitive is the rental market in Mountlake Terrace, WA?

The rental market in Mountlake Terrace, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Mountlake Terrace, WA?

In Mountlake Terrace, WA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Mountlake Terrace, WA?

There are currently 12 rental properties available in Mountlake Terrace, WA.

Can I afford to rent a home in Mountlake Terrace, WA?

Based on the current averages, a household would need an annual income of $95,920 to comfortably afford a 2-bedroom home in Mountlake Terrace.

Find Homes & Apartments for Rent in Mountlake Terrace, WA

Life in Mountlake Terrace & Beyond

Mountlake Terrace, WA

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