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Rental Market Trends in Lake Forest Park, WA

Updated July 2026

The average rent in Lake Forest Park, WA is $1,534/month.

Rent in Lake Forest Park is roughly equal to the national average rent of of $1,663/month.

$1,534/month

Average Rent

738 Sq Ft

Average Size

-0.3%

Change / Year

282

Available Apartments

Lake Forest Park rent varies by unit size and layout:

  • Studio apartments in Lake Forest Park average $1,018 per month.
  • One-bedroom apartments in Lake Forest Park average $1,534 per month.
  • Two-bedroom apartments in Lake Forest Park average $2,093 per month.
  • Three-bedroom apartments in Lake Forest Park average $3,068 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,018/month
527 Sq Ft
One Bedroom
$1,534/month
738 Sq Ft
Two Bedroom
$2,093/month
1,022 Sq Ft
Three Bedroom
$3,068/month
1,381 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$5,149/month
2,400 Sq Ft
View Lake Forest Park Apartments

How much has average rent changed in Lake Forest Park, WA?

In the past year, rent has decreased by 0.3%, which averages out to $5 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lake Forest Park, WA

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Lake Forest Park, WA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
20% $1,001 - $1,500/month
40% $1,501 - $2,000/month
40% Above $2,000/month

What salary do I need to live comfortably in Lake Forest Park, WA?

Because the average rent in Lake Forest Park is $1,534, you’ll want to make about $5,113 per month or $61,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lake Forest Park, WA

282 Available Apartments for Rent

Search for Nearby Apartments

How does Lake Forest Park, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake Forest Park, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Lake Forest Park Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kenmore

    Kenmore

  • Shoreline

    Shoreline

  • Mountlake Terrace

    Mountlake Terrace

  • Bothell

    Bothell

  • Lynnwood

    Lynnwood

Apartment Communities in Lake Forest Park We Think You'll Love

Alta Norra

Alta Norra

17712 15th Ave NE,
Shoreline, WA 98155

Studio - 2 Beds | $1,634 - $3,593

Arabella Apartment Homes II

Arabella Apartment Homes II

1221 NE 180th St,
Shoreline, WA 98155

Studio - 2 Beds | $1,599 - $2,045

Green Leaf Shoreline

Green Leaf Shoreline

17567 15th Ave NE,
Shoreline, WA 98155

Studio - 2 Beds | $1,689 - $3,796

Arabella Apartment Homes

Arabella Apartment Homes

17763 15th Ave NE,
Shoreline, WA 98155

Studio - 3 Beds | $1,515 - $2,710

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Frequently Asked Questions

What is the average rent in Lake Forest Park?

The average rent in Lake Forest Park is $1,534 per month, which is 7.8% lower than the national average of $1,663.

Are rents going up or down in Lake Forest Park?

Rents in Lake Forest Park, WA are decreasing, with prices down 0.3% year-over-year and $5 less per month.

What rent range is most common in Lake Forest Park?

In Lake Forest Park, WA, 40% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Washington Lake Forest Park Rental Trends

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity