Bedroom count
Property type
Last updated on July 9, 2026
Average rent in
Mountlake Terrace, WA
Average rent in
Last updated on July 9, 2026
Bedroom count
Property type
Median rent
Median rent in Mountlake Terrace
$2,475/mo
5%vs previous year
The average rent in Mountlake Terrace is $2,475 per month as of July 2026. This is 27% above the national average rent, or $525 more per month.
average price per square foot
Total rentals
Available rentals in Mountlake Terrace
14
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Mountlake Terrace rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Mountlake Terrace, WA, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Mountlake Terrace, WA
Average rent prices in Mountlake Terrace have remained the same over the last month and have decreased by 5% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Mountlake Terrace, WA
Rent prices in Mountlake Terrace vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mountlake Terrace is $1,944, whereas a house costs $2,645. 1-bedroom apartments in Mountlake Terrace run $1,938 on average, while 2-bedroom apartments are $2,150.
Listings | ||||
|---|---|---|---|---|
Studio | $1,612 | No Change | - | |
1 bedroom | $1,885 | No Change | 5% | |
2 bedroom | $2,295 | 1% |  5% | |
3 bedroom | $2,845 | 5% | 5% | |
4 bedroom | $3,750 | 4% | 25% |
Listings | ||
|---|---|---|
East Terrace | $1,938 | |
Gateway | $1,995 | |
Lake Ballinger | $1,980 | |
Melody Hill | $1,825 | |
North Terrace | $1,897 | |
Town Center | $1,816 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,944 | 6% | No Change | |
Condos | $1,997 | 12% | No Change | |
Houses | $2,645 | 12% | 9% | |
Rooms | $1,300 | - | - |
Studio
Average rent
$1,612
1 bedroom
Average rent
$1,885
Last 30 days
No Change
Last year
5%
2 bedroom
Average rent
$2,295
Last 30 days
1%
Last year
5%
3 bedroom
Average rent
$2,845
Last 30 days
5%
Last year
5%
4 bedroom
Average rent
$3,750
Last 30 days
4%
Last year
25%
Gateway
Average rent
$1,995
North Terrace
Average rent
$1,897
Melody Hill
Average rent
$1,825
Lake Ballinger
Average rent
$1,980
Town Center
Average rent
$1,816
East Terrace
Average rent
$1,938
Apartments
Average rent
$1,944
Last 30 days
6%
Condos
Average rent
$1,997
Last 30 days
12%
Houses
Average rent
$2,645
Last 30 days
12%
Last year
9%
Rooms
Average rent
$1,300
The table above reflects average rent prices in Mountlake Terrace, WA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Mountlake Terrace, WA compare to other cities?
Compare median rent prices in Mountlake Terrace and Bainbridge Island by all bedroom counts and property types.
Mountlake Terrace
27%higher than the national median
42%higher than the national median
Takeaway
The median rent for all rentals in Mountlake Terrace, WA is 11% lower than the median rent in Bainbridge Island, WA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,775
2%$2,150
7%$1,999
8%$2,385
10%$2,935
51%$3,045
1%$2,495
6%$2,067
20%$2,505
4%$2,500
9%$2,663
35%$2,699
26%Discover rentals in Mountlake Terrace, WA
1d ago
4710 212th St Sw, Mountlake Terrace, WA 98043
2–3 beds
1–2 baths
$1,899–$2,785
Price drop
Apartment for rent
1d ago
5407 244th St Sw, Mountlake Terrace, WA 98043
2 beds
1 bath
$1,970
Apartment for rent
5d+ ago
Lake Ballinger house for rent in Mountlake Terrace
3 beds
1.5 baths
$2,495
House for rent
1d ago
Gateway house for rent in Mountlake Terrace
4907 241st St Sw, Mountlake Terrace, WA 98043
4 beds
2 baths
$3,795
House for rent
5d+ ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,690–$2,925
Apartment for rent
3d ago
21912 64th Ave W, Mountlake Terrace, WA 98043
2 beds
1 bath
$2,695
House for rent
5d+ ago
North Terrace condo for rent in Mountlake Terrace
2 beds
2 baths
$2,650
Condo for rent
Available Jun 12
5d+ ago
23809 55th Ave W, Mountlake Terrace, WA 98043
2 beds
2 baths
$2,600
Apartment for rent
5d+ ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,690–$2,925
Apartment for rent
3d ago
21912 64th Ave W, Mountlake Terrace, WA 98043
2 beds
1 bath
$2,695
House for rent
16h ago
Town Center townhouse for rent in Mountlake Terrace
21218 21212, 21214, 21216, 21218 52nd Ave W, Mountlake Terrace, WA 98043
3 beds
2 baths
$3,495
House for rent
15h ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,947–$2,783
Apartment for rent
5d+ ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,690–$2,925
Apartment for rent
3d ago
21912 64th Ave W, Mountlake Terrace, WA 98043
2 beds
1 bath
$2,695
House for rent
15h ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,947–$2,783
Apartment for rent
1d ago
4710 212th St Sw, Mountlake Terrace, WA 98043
2–3 beds
1–2 baths
$1,899–$2,785
Price drop
Apartment for rent
5d+ ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,690–$2,925
Apartment for rent
15h ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1–2 baths
$1,947–$2,783
Apartment for rent
1d ago
4710 212th St Sw, Mountlake Terrace, WA 98043
2–3 beds
1–2 baths
$1,899–$2,785
Price drop
Apartment for rent
1d ago
5407 244th St Sw, Mountlake Terrace, WA 98043
2 beds
1 bath
$1,970
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Mountlake Terrace, WA
Quick answers to common questions about the Mountlake Terrace rental market.
How much is rent in Mountlake Terrace?
The average rent in Mountlake Terrace is $2,475 per month as of July 4, 2026.
Is rent up or down in Mountlake Terrace?
Average rent prices in Mountlake Terrace have remained the same over the last month and have decreased by 5% since last year.
How does Mountlake Terrace rent compare to the national average?
Rent in Mountlake Terrace is 27% above the national average, which means renters are paying approximately $525 more per month.
Which neighborhoods are most affordable in Mountlake Terrace?
The most affordable neighborhoods in Mountlake Terrace are Town Center ($1,816/mo), Melody Hill ($1,825/mo), and North Terrace ($1,897/mo).
What salary do I need to afford rent in Mountlake Terrace?
To comfortably afford rent in Mountlake Terrace, you'd need to earn approximately $99,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Mountlake Terrace?
One-bedroom apartments in Mountlake Terrace rent for around $2,160 per month across the main neighborhoods of Gateway, Town Center, and North Terrace. ANSWER_NOT_AVAILABLE for two-bedroom apartment pricing.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).