Apartments for Rent in Mountlake Terrace, WA

Prices and availability in Mountlake Terrace, WA were last updated on 25 Oct 2026.

The best apartments in Mountlake Terrace, WA are: Aspire Apartments at Mountlake Terrace, Quartz Creek, Capri Apartments, Lakeside Apartments and Silver Oak.

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

The price range for a 1-bedroom apartment in Mountlake Terrace, WA is between $1,594 and $2,750.

The price range for a 2-bedroom apartment in Mountlake Terrace, WA is between $1,599 and $2,995.

The price range for a 3-bedroom apartment in Mountlake Terrace, WA is between $1,596 and $3,550.

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 average age of rental buildings in Mountlake Terrace is 34 years old, with 28% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 72% are garden-style apartment communities, 28% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Mountlake Terrace come in a range of sizes and floorplans. Studio apartments represent 0.6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 47% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Mountlake Terrace. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.