Median Age
40 Years
Largest Age Group
30-39 Years
Approximately 17% of Residents
Under 20
21%
Over 65
17%
Mountlake Terrace, WA
Area Guide
Avg Rent
$1,919
Population
24,018
Renter Mix
42% Rent
Glorious Cascade Mountain views just minutes up the road from Seattle.
Commuter
•
Nature
•
Outdoors
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.
Explore the City
Condos and townhomes are another housing option in Gateway, Mountlake Terrace, WA.
Captivating architecture and stunning views are abundant in Mountlake Terrace.
Residential homes in Mountlake Terrace are modern and large.
Go on an afternoon hike or play disc golf at Terrace Creek Park in Mountlake Terrace.
Public transportation makes traveling to and from Mountlake Terrace a breeze.
There is plenty of shopping and beauty in Mountlake Terrace's town center.
Demographics
Median Household Income
$93,179
Average: $116,262
Education
8,026
Residents Have a Degree
Job Market
13,345
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Mountlake Terrace has more homeowners than renters.
Renters
42%
Non-Renters
58%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
29%
Other Education
71%
Rent Trends
As of May 2026, the average apartment rent in Mountlake Terrace, WA is $1,878 for a studio, $1,941 for one bedroom, $2,152 for two bedrooms, and $2,970 for three bedrooms. Apartment rent in Mountlake Terrace has increased by 3.5% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,941/month
694 Sq Ft
House
$1,557/month
251 Sq Ft
Schools
Public
Grades K-5
292 Students
Public
Grades K-5
520 Students
Public
Grades K-5
520 Students
Public
Grades K-5
395 Students
Mountlake Terrace Elementary School
Public
Grades K-5
395 Students
Public
Grades 9-12
1,467 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
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
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Nearby City Rentals
Nearby Neighborhood Rentals
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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.