Mountlake Terrace

Background Image

Mountlake Terrace, WA Area Guide

Glorious Cascade Mountain views just minutes up the road from Seattle.

Commuter Nature Outdoors Scenic Mountain Views

Built on a former airfield for veterans seeking affordable homes, Mountlake Terrace preserves that practical, welcoming spirit today. Ballinger Park wraps around Lake Ballinger with wooded trails, a fishing pier, and open lawns that anchor the neighborhood, while Veterans Memorial Park offers quiet reflection near the civic core. Kids have claimed Terrace Creek Park—known locally as Candy Cane Park—as their legend, and the paved Interurban Trail connects cyclists and walkers throughout Snohomish County. The Mountlake Terrace Transit Center’s Link light rail station puts downtown Seattle within a quick ride, while direct I-5 access keeps Edmonds’ waterfront and Lynnwood’s retail corridor close. Renters choose from garden-style apartments tucked among mature trees, spacious townhomes with private entrances, or newer mid-rise buildings near the transit center meeting demand for walkable living. These varied options make settling in genuinely easy.

Rent Trends

As of April 2026, the average apartment rent in Mountlake Terrace, WA is $1,852 for a studio, $1,887 for one bedroom, $2,126 for two bedrooms, and $2,880 for three bedrooms. Apartment rent in Mountlake Terrace has increased by 0.6% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,887/month
714 Sq Ft
House
$1,665/month
330 Sq Ft
See Rental Market Trends in Mountlake Terrace, WA

Getting Around

Moderately Walkable

Walkability

60 / 100

Some Public Transit

Transit

40 / 100

Very Drivable

Drivability

80 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Terrace Park School

Public

Grades K-5

292 Students

Cedar Way Elementary

Public

Grades K-5

520 Students

Mountlake Terrace Elementary

Public

Grades K-5

395 Students

Mountlake Terrace High School

Public

Grades 9-12

1,467 Students

Points of Interest

Parks and Recreation

  • Bruggers Bog
  • North City Park
  • Shoreline Park
  • Ronald Bog
  • Northcrest Park

Transit / Subway

Airports

  • Seattle Paine Field International
  • Seattle-Tacoma International

Top Apartments in Mountlake Terrace

Houses for Rent in Mountlake Terrace

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.