Northern Lights
4402 212th St SW,
Mountlake Terrace, WA 98043
$1,700 - $2,325
1-2 Beds
Located about 14 miles north of Seattle and three miles south of Lynnwood, the North Terrace neighborhood provides residents with small-town charm, along with convenient access to big-city amenities. North Terrace sits on the northern edge of Mountlake Terrace, just east of Interstate 5.
Mountlake Terrace is close to Boeing's large Everett location, which provides significant employment opportunities to the community. Mountlake Terrace is a relatively small residential community, offering a variety of apartments available for rent in a peaceful locale.
As of March 2026, the average apartment rent in North Terrace is $1,798 for one bedroom, and $2,079 for two bedrooms. Apartment rent in North Terrace has increased by 2.3% in the past year.
1 BR
650 sq ft
Average Sq Ft
$1,798/month
Average Rent
2 BR
833 sq ft
Average Sq Ft
$2,079/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† 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.