Bedroom count
Property type
Last updated on May 25, 2026
Last updated on May 25, 2026
Bedroom count
Property type
Median rent in Mountlake Terrace
$2,500/mo
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.
average price per square foot
Available rentals in Mountlake Terrace
14
for rent on Zumper.com as of May 2026
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.
Average rent prices in Mountlake Terrace have increased by 4% over the last month and have increased by 8% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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% |
Listings | ||
|---|---|---|
East Terrace | $1,600 | |
Gateway | $1,799 | |
Lake Ballinger | $1,967 | |
Melody Hill | $2,045 | |
North Terrace | $1,969 | |
Town Center | $2,045 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,017 | 3% | No Change | |
Condos | $1,950 | 7% | - | |
Houses | $2,797 | 3% | No Change |
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%
Gateway
Average rent
$1,799
North Terrace
Average rent
$1,969
Lake Ballinger
Average rent
$1,967
Melody Hill
Average rent
$2,045
Town Center
Average rent
$2,045
East Terrace
Average rent
$1,600
Apartments
Average rent
$2,017
Last 30 days
3%
Condos
Average rent
$1,950
Last 30 days
7%
Houses
Average rent
$2,797
Last 30 days
3%
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.
Compare median rent prices in Mountlake Terrace and Bainbridge Island by all bedroom counts and property types.
Mountlake Terrace
higher than the national median
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.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Mountlake Terrace rental market.
The average rent in Mountlake Terrace is $2,500 per month as of May 23, 2026.
Average rent prices in Mountlake Terrace have increased by 4% over the last month and have increased by 8% since last year.
Rent in Mountlake Terrace is 28% above the national average, which means renters are paying approximately $550 more per month.
The most affordable neighborhoods in Mountlake Terrace are East Terrace ($1,600/mo), Gateway ($1,799/mo), and Lake Ballinger ($1,967/mo).
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.
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.
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).