Bedroom count
Property type
Last updated on August 24, 2026
Average rent in
Mountlake Terrace, WA
Average rent in
Last updated on August 24, 2026
Bedroom count
Property type
Median rent
Median rent in Mountlake Terrace
$2,495/mo
vs previous year
The average rent in Mountlake Terrace is $2,495 per month as of August 2026. This is 30% above the national average rent, or $570 more per month.
average price per square foot
Total rentals
Available rentals in Mountlake Terrace
17
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Mountlake Terrace rentals at each price point
Rent trends in Mountlake Terrace, WA
Average rent prices in Mountlake Terrace have remained the same over the last month and have remained the same 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 $2,254, whereas a house costs $3,395. 1-bedroom apartments in Mountlake Terrace run $1,875 on average, while 2-bedroom apartments are $2,254.
Listings | ||||
|---|---|---|---|---|
Studio | $1,417 | No Change | - | |
1 bedroom | $1,630 |  13% |  6% | |
2 bedroom | $2,395 | No Change | 4% | |
3 bedroom | $2,786 | 6% | 9% | |
4 bedroom | $3,349 | 7% | 19% |
Listings | ||
|---|---|---|
East Terrace | $1,715 | |
Gateway | $2,095 | |
Lake Ballinger | $1,850 | |
Melody Hill | $2,195 | |
North Terrace | $2,254 | |
Town Center | $2,200 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,254 | 3% | No Change | |
Condos | $2,300 | 11% | No Change | |
Houses | $3,395 | 7% | No Change | |
Rooms | $1,300 | - | - |
Studio
Average rent
$1,417
1 bedroom
Average rent
$1,630
Last 30 days
13%
Last year
6%
2 bedroom
Average rent
$2,395
Last 30 days
No Change
Last year
4%
3 bedroom
Average rent
$2,786
Last 30 days
6%
Last year
9%
4 bedroom
Average rent
$3,349
Last 30 days
7%
Last year
19%
Gateway
Average rent
$2,095
North Terrace
Average rent
$2,254
Town Center
Average rent
$2,200
Melody Hill
Average rent
$2,195
Lake Ballinger
Average rent
$1,850
East Terrace
Average rent
$1,715
Apartments
Average rent
$2,254
Last 30 days
3%
Condos
Average rent
$2,300
Last 30 days
11%
Houses
Average rent
$3,395
Last 30 days
7%
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
30%higher than the national median
34%higher than the national median
Takeaway
The median rent for all rentals in Mountlake Terrace, WA is 3% lower than the median rent in Bainbridge Island, WA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,570
2%$2,657
9%$1,999
16%$2,450
1%$2,712
46%$2,845
10%$2,517
13%$2,595
15%$2,567
7%$2,350
7%$2,922
24%$2,497
16%Discover rentals in Mountlake Terrace, WA
5d+ ago
Gateway house for rent in Mountlake Terrace
4901 241st St Sw, Mountlake Terrace, WA 98043
1 bed
1 bath
$850
House for rent
Available Jul 1
3d ago
4303 214th St Sw, Mountlake Terrace, WA 98043
2 beds
1 bath
$1,850
Apartment for rent
5d+ ago
North Terrace house for rent in Mountlake Terrace
3 beds
1 bath
$2,700
House for rent
Available Aug 5
5d+ ago
Gateway apartment for rent in Mountlake Terrace
23801 59th Pl W, Mountlake Terrace, WA 98043
3 beds
1 bath
$2,795
Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$5,999
House for rent
Available Sep 20
32m ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–3 beds
1–2 baths
$1,764–$3,959
Apartment for rent
1d ago
23809 55th Ave W, Mountlake Terrace, WA 98043
2 beds
2 baths
$2,600
Apartment for rent
1d ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1 bath
$1,852–$2,653
Apartment for rent
32m ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–3 beds
1–2 baths
$1,764–$3,959
Apartment for rent
5d+ ago
21912 64th Ave W, Mountlake Terrace, WA 98043
2 beds
1 bath
$2,445
House for rent
5d+ ago
Gateway house for rent in Mountlake Terrace
4901 241st St Sw, Mountlake Terrace, WA 98043
1 bed
1 bath
$850
House for rent
Available Jul 1
1d ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1 bath
$1,852–$2,653
Apartment for rent
32m ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–3 beds
1–2 baths
$1,764–$3,959
Apartment for rent
1d ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1 bath
$1,852–$2,653
Apartment for rent
5d+ ago
4202 4202 and 4206 212th St SW, Mountlake Terrace, WA 98043
2 beds
2 baths
$2,095
Apartment for rent
2d ago
4710 212th St Sw, Mountlake Terrace, WA 98043
2–3 beds
1–2 baths
$2,295–$2,927
Apartment for rent
32m ago
Verified
23905 Van Ry Blvd, Mountlake Terrace, WA 98043
1–3 beds
1–2 baths
$1,764–$3,959
Apartment for rent
3d ago
4303 214th St Sw, Mountlake Terrace, WA 98043
2 beds
1 bath
$1,850
Apartment for rent
5d+ ago
Gateway house for rent in Mountlake Terrace
4901 241st St Sw, Mountlake Terrace, WA 98043
1 bed
1 bath
$850
House for rent
Available Jul 1
1d ago
21412 48th Ave W, Mountlake Terrace, WA 98043
1–2 beds
1 bath
$1,852–$2,653
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 $2,495 per month as of August 22, 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 remained the same since last year.
How does Mountlake Terrace rent compare to the national average?
Rent in Mountlake Terrace is 30% above the national average, which means renters are paying approximately $570 more per month.
Which neighborhoods are most affordable in Mountlake Terrace?
The most affordable neighborhoods in Mountlake Terrace are East Terrace ($1,715/mo), Lake Ballinger ($1,850/mo), and Gateway ($2,095/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).