""

Lynnwood, WA Rental Market Trends

Highlights

The average rent for an apartment in Lynnwood is $1,604, a change amounting to approximately 0% compared to the previous year.

Average Rent in Lynnwood, WA

Last updated January 2020
Average Rent Y-o-Y Change Average Apartment Size
$1,604 0% 882 sq. ft.

The average size for a Lynnwood, WA apartment is 882 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Lynnwood, WA Apartment Rent Ranges

  • $1,001-$1,50040%
  • $1,501-$2,00052%
  • > $2,0007%

Lynnwood, WA Occupied Housing Units

  • Renter-occupied Households33%
  • Owner-occupied Households66%

12,819 or 33% of the households in Lynnwood, WA are renter-occupied while 25,734 or 66% are owner-occupied.

Lynnwood, WA Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Lynnwood, WA $1,417 $1,496 $1,495 $1,479 $1,483 $1,600 $1,552 $1,636 $1,604
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474
/

How Lynnwood Compares to Other Cities

Average Rent Y-o-Y Change
Seattle $2,121 3%
Kent $1,515 4%
Spokane $1,022 6%
Tacoma $1,345 5%
Vancouver $1,333 3%
Everett $1,446 3%
Lynnwood $1,604 n/a
Kirkland $2,004 2%
Bothell $1,822 2%
Edmonds $1,532 3%
Edmonds City $1,532 3%

For more information about the Lynnwood rental trends, check out our monthly rent report

Check out Washington Cities, Washington Neighborhoods and Washington Zip Codes for more details on verified listings, including the Washington Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

Cheapest Listings on RENTCafé

Most Expensive Listings on RENTCafé

View more properties
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lynnwood apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.