Prices last verified August 15, 2026

Average Rent in Mountlake Terrace, WA & Rent Trends

Rent prices and market trends across 1 apartment community in Mountlake Terrace, WA. Updated daily.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$2,292/mo

Lowest Listed

$2,199/mo

as of Aug 15

Communities

tracked daily

Units Listed

as of Aug 15

Is Rent Going Up or Down in Mountlake Terrace, WA?

As of August 2026, the average rent in Mountlake Terrace, WA is $2,292 per month across 1 apartment community and 4 recently listed units.

The most affordable option is Terrace Station starting at $2,199/mo. By unit type, a 1-bedroom averages $2,292/mo.

Prices range from $2,199 to $2,450 per month. The most common price point is the $2,200 range, where 2 units were listed.

Rent Price Distribution

Rent by Bedroom Type in Mountlake Terrace, WA

1 Bed

$2,292

from $2,199 · 4 units

Rent Prices by Apartment in Mountlake Terrace, WA

Property	Starting at	Average	Units	Rating
Terrace Station	$2,199/mo	$2,292/mo	4	4.1

Frequently Asked Questions About Rent in Mountlake Terrace, WA

What is the average rent in Mountlake Terrace, WA?

The average rent in Mountlake Terrace, WA is $2,292 per month as of August 2026, based on 4 units across 1 apartment communities.

Is rent going up or down in Mountlake Terrace, WA?

The average rent in Mountlake Terrace, WA was $2,292/mo when last verified August 15, 2026.

What is the cheapest apartment in Mountlake Terrace, WA?

The most affordable apartment in Mountlake Terrace, WA is Terrace Station with units starting at $2,199/mo.

How much is a 1-bedroom apartment in Mountlake Terrace, WA?

A 1-bedroom apartment in Mountlake Terrace, WA averages $2,292/mo, with prices starting at $2,199/mo across 4 recently listed units.

How many apartments are available in Mountlake Terrace, WA?

4 units were listed across 1 apartment communities in Mountlake Terrace, WA as of August 15, 2026.

What salary do I need to live comfortably in Mountlake Terrace, WA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$92,000/year

Based on the 30 percent rule, using our tracked average rent of $2,292/mo.

Comfortable income

$110,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,199/mo), you need to earn at least $88,000/year.

Cost of living in Mountlake Terrace, WA

We only have live rent data for Mountlake Terrace, WA so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category	Monthly estimate	Source
Rent (market average)	$2,292	daily refresh
Estimated total	$2,292/mo	$27,504/year

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

Washington Rent Trends

Compare rent across all Washington cities

Explore Mountlake Terrace, WA on Map

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US-wide rent comparison

See how Mountlake Terrace, WA rents stack up against the national median