Lake Stevens, WA Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Stevens is $2,206, a 2.17% increase compared to the previous year, when the average rent was $2,159.
Two-beedroom units at $2,371 offer 1,043 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,407 sq ft) for $2,822, suitable for larger households.
Average rent in Lake Stevens, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,206 | 900 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | n/a | n/a |
| 2 Beds | $2,371 | 1,043 sq. ft. |
| 3 Beds | $2,822 | 1,407 sq. ft. |
Lake Stevens, WA rent trends
Rental prices in Lake Stevens, WA have increased by 2.17% over the past year. The average rent moved from $2,159 to $2,206.
What's the typical rent budget in Lake Stevens, WA?
The largest share of rentals in Lake Stevens, WA (43%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Stevens, WA?
3,319 or 25% of the households in Lake Stevens, WA are renter-occupied while 10,095 or 75% are owner-occupied.
How Lake Stevens Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Stevens | $2,206 |
| Seattle | $2,271 |
| Tacoma | $1,751 |
| Spokane | $1,394 |
| Vancouver | $1,751 |
| Everett | $1,872 |
| Bellevue | $2,754 |
| Renton | $2,144 |
| Kent | $1,936 |
| Lynnwood | $2,108 |
| Spokane Valley | $1,404 |
| Kirkland | $2,540 |
| Bothell | $2,291 |
| Redmond | $2,559 |
| Marysville, WA | $2,207 |
| Shoreline, WA | $2,028 |
| Edmonds, WA | $1,930 |
| Mountlake Terrace, WA | $2,016 |
| Arlington, WA | $2,167 |
| Mill Creek, WA | $2,272 |
| Monroe, WA | $2,524 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Stevens apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.