Apartments for Rent in Alderwood Manor, WA

Prices and availability in Alderwood Manor, WA were last updated on 24 Aug 2026.

The best apartments in Alderwood Manor, WA are: Edgewood North, MOTIF APTS, Nickel Creek, Scriber Creek Apartments and 3501 205th Pl SW, Unit #5.

The average rent in Alderwood Manor, WA is $2,037.

The price range for a 1-bedroom apartment in Alderwood Manor, WA is between $900 and $2,775.

The price range for a 2-bedroom apartment in Alderwood Manor, WA is between $1,900 and $3,385.

The price range for a 3-bedroom apartment in Alderwood Manor, WA is between $1,582 and $3,100.

In Alderwood Manor, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Alderwood Manor's rentals, 69% are small-scale complexes with under 50 units, and 27% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Alderwood Manor are about 28 years old, on average. Of these, 49% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 70% of the rental communities here are low-rise, garden-style communities, 47% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Alderwood Manor are around 5% of rentals, while 1-bedroom floor plans represent 51% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 37% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.