Last updated on May 25, 2026

Average rent in
Mountlake Terrace, WA

Median rent

Median rent in Mountlake Terrace

$2,500/mo

increased by8%

vs previous year

The average rent in Mountlake Terrace is $2,500 per month as of May 2026. This is 28% above the national average rent, or $550 more per month.

$2.22

average price per square foot

Total rentals

Available rentals in Mountlake Terrace

14

for rent on Zumper.com as of May 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

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 increased by 4% over the last month and have increased by 8% 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 $2,017, whereas a house costs $2,797. 1-bedroom apartments in Mountlake Terrace run $1,949 on average, while 2-bedroom apartments are $1,995.

Listings

Studio

$1,753

No Change

19%

1 bedroom

$1,595

1%

17%

2 bedroom

$2,299

1%

14%

3 bedroom

$3,500

1%

55%

4 bedroom

$2,595

21%

34%

Studio

Average rent

$1,753

Last year

19%

1 bedroom

Average rent

$1,595

Last 30 days

1%

Last year

17%

2 bedroom

Average rent

$2,299

Last 30 days

1%

Last year

14%

3 bedroom

Average rent

$3,500

Last 30 days

1%

Last year

55%

4 bedroom

Average rent

$2,595

Last 30 days

21%

Last year

34%

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$2,500
increased by28%

higher than the national median

Median rent price$2,399
increased by23%

higher than the national median

Takeaway

The median rent for all rentals in Mountlake Terrace, WA is 4% higher than the median rent in Bainbridge Island, WA.

Discover rentals in Mountlake Terrace, WA

FOREMAN1 - Photo 1 of 1

5d+ ago

8.6

Very good

FOREMAN1

4303 214th St Sw, Mountlake Terrace, WA 98043

2 beds

1 bath

$1,850

Apartment for rent

5024 212th St Sw - Photo 1 of 1

5d+ ago

North Terrace apartment for rent in Mountlake Terrace

2BR/1.0BA

5024 212th St Sw, Mountlake Terrace, WA 98043

2 beds

1 bath

$1,900

Apartment for rent

5424 212th St Sw - Photo 1 of 1

1d ago

Apartment for rent in Mountlake Terrace

2 beds

1 bath

$1,995

Apartment for rent

22715 Lakeview Dr #J2 - Photo 1 of 1

3d ago

Lake Ballinger house for rent in Mountlake Terrace

3 beds

1.5 baths

$2,695

House for rent

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 $2,500 per month as of May 23, 2026.

Is rent up or down in Mountlake Terrace?

Average rent prices in Mountlake Terrace have increased by 4% over the last month and have increased by 8% since last year.

How does Mountlake Terrace rent compare to the national average?

Rent in Mountlake Terrace is 28% above the national average, which means renters are paying approximately $550 more per month.

Which neighborhoods are most affordable in Mountlake Terrace?

The most affordable neighborhoods in Mountlake Terrace are East Terrace ($1,600/mo), Gateway ($1,799/mo), and Lake Ballinger ($1,967/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.

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).

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