Apartments for Rent in Mountlake Terrace, WA

Prices and availability in Mountlake Terrace, WA were last updated on 2 Jun 2026.

The best apartments in Mountlake Terrace, WA are: Quartz Creek, Silver Oak, Aspire Apartments at Mountlake Terrace, Traxx Apartments and Arbor Village.

The average rent in Mountlake Terrace, WA is $2,023.

The price range for a studio apartment in Mountlake Terrace, WA is between $1,775 and $2,821.

The price range for a 1-bedroom apartment in Mountlake Terrace, WA is between $1,430 and $2,995.

The price range for a 2-bedroom apartment in Mountlake Terrace, WA is between $1,705 and $2,895.

The price range for a 3-bedroom apartment in Mountlake Terrace, WA is between $1,690 and $2,895.

In Mountlake Terrace, 43% of the residents are renting compared to 57% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 25% of Mountlake Terrace's rentals, 59% are small-scale complexes with under 50 units, and 15% 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 Mountlake Terrace are about 34 years old, on average. Of these, 28% 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 72% of the rental communities here are low-rise, garden-style communities, 28% 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 Mountlake Terrace are around 0.6% of rentals, while 1-bedroom floor plans represent 47% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.