Last updated on October 8, 2026

Average rent in
Mountlake Terrace, WA

Median rent

Median rent in Mountlake Terrace

$2,497/mo

increased by9%

vs previous year

The average rent in Mountlake Terrace is $2,497 per month as of October 2026. This is 31% above the national average rent, or $597 more per month.

$2.05

average price per square foot

Total rentals

Available rentals in Mountlake Terrace

16

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Mountlake Terrace rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Mountlake Terrace, WA

Average rent prices in Mountlake Terrace have increased by 3% over the last month and have increased by 9% 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 $2,000, whereas a house costs $2,900. 1-bedroom apartments in Mountlake Terrace run $2,115 on average, while 2-bedroom apartments are $1,885.

Listings

Studio

$1,567

No Change

-

1 bedroom

$1,600

13%

4%

2 bedroom

$2,254

3%

10%

3 bedroom

$3,122

3%

5%

4 bedroom

$3,750

2%

11%

Studio

Average rent

$1,567

1 bedroom

Average rent

$1,600

Last 30 days

13%

Last year

4%

2 bedroom

Average rent

$2,254

Last 30 days

3%

Last year

10%

3 bedroom

Average rent

$3,122

Last 30 days

3%

Last year

5%

4 bedroom

Average rent

$3,750

Last 30 days

2%

Last year

11%

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

Median rent price$2,497
increased by31%

higher than the national median

Median rent price$3,000
increased by58%

higher than the national median

Takeaway

The median rent for all rentals in Mountlake Terrace, WA is 17% lower than the median rent in Bainbridge Island, WA.

Discover rentals in Mountlake Terrace, WA

21302 50th W - Photo 1 of 1

5d+ ago

7.8

Very good

21302 50th W

21302 50th Ave W, Mountlake Terrace, WA 98043

2 beds

1 bath

$1,695

4409 218th St Sw #1 - Photo 1 of 1

5d+ ago

North Terrace apartment for rent in Mountlake Terrace

4409 218th St. SW - 1

4409 218th St Sw #1, Mountlake Terrace, WA 98043

2 beds

1 bath

$1,900

$1,800

Price drop

Jo-Al Townhomes - Photo 1 of 1

5d+ ago

8.4

Very good

Jo-Al Townhomes

5407 244th St Sw, Mountlake Terrace, WA 98043

2 beds

1 bath

$1,885

Price drop

4407 216th St Sw #3 - Photo 1 of 1

1d ago

North Terrace condo for rent in Mountlake Terrace

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $2,497 per month as of October 3, 2026.

Is rent up or down in Mountlake Terrace?

Average rent prices in Mountlake Terrace have increased by 3% over the last month and have increased by 9% since last year.

How does Mountlake Terrace rent compare to the national average?

Rent in Mountlake Terrace is 31% above the national average, which means renters are paying approximately $597 more per month.

Which neighborhoods are most affordable in Mountlake Terrace?

The most affordable neighborhoods in Mountlake Terrace are Lake Ballinger ($1,925/mo), Gateway ($1,975/mo), and East Terrace ($1,975/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 $100,000/year, based on spending no more than 30% of your income on rent.

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).

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