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Rental Market Trends in Lynnwood, WA

What is the average rent in Lynnwood, WA?

$1,815/month

Average Rent

699 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of June 2025, the average rent in Lynnwood, WA is $1,815 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Lynnwood rent prices are 11% higher than the national average. When you rent an apartment in Lynnwood, you can expect to pay about $1,677 per month for a studio, $1,815 for a one-bedroom apartment, and around $2,184 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,774 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,677/month
452 Sq Ft
One Bedroom
$1,815/month
699 Sq Ft
Two Bedroom
$2,184/month
973 Sq Ft
Three Bedroom
$2,774/month
1,228 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,249/month
1,751 Sq Ft
Four Bedroom
$3,639/month
2,281 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,247/month
969 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lynnwood, WA?

In the past year, rent has increased by 0.7%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lynnwood, WA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lynnwood, WA
Percentage*
Rent Range
1% Below $700/month
7% $700 - $1,000/month
18% $1,001 - $1,500/month
36% $1,501 - $2,000/month
38% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lynnwood?

Based on current rent prices, Picnic Point-North Lynnwood, Martha Lake and Alderwood Manor are the most affordable neighborhoods in Lynnwood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Picnic Point-North Lynnwood
$1,821/month
748 Sq Ft
Martha Lake
$1,825/month
722 Sq Ft
Alderwood Manor
$2,135/month
653 Sq Ft

What are the most expensive neighborhoods in Lynnwood?

Based on current rent prices, Alderwood Manor, Martha Lake and Picnic Point-North Lynnwood are the most expensive neighborhoods in Lynnwood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alderwood Manor
$2,135/month
653 Sq Ft
Martha Lake
$1,825/month
722 Sq Ft
Picnic Point-North Lynnwood
$1,821/month
748 Sq Ft

Which Lynnwood neighborhoods have the most rentals available?

The neighborhoods in Lynnwood with the most apartments available are Picnic Point-North Lynnwood, Alderwood Manor and Martha Lake .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Picnic Point-North Lynnwood
$1,821/month
748 Sq Ft
Alderwood Manor
$2,135/month
653 Sq Ft
Martha Lake
$1,825/month
722 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Lynnwood is $1,815, you’ll want to make about $6,050 per month or $72,600 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

Lynnwood, WA

905 Available Apartments for Rent

Search for Nearby Apartments

How does Lynnwood, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Lynnwood, 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.

Explore the Area Guide for Lynnwood, WA

Apartment Averages

Picnic Point-North Lynnwood

Lynnwood, WA

Alderwood Manor

Lynnwood, WA

Studio
$1,751/month
$1,195/month
One Bedroom
$1,819/month
$1,708/month
Two Bedroom
$2,260/month
$2,023/month
Three Bedroom
$2,791/month
$1,977/month
Search
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Nearby City Rent Trends

  • Mountlake Terrace Average Rent
  • Edmonds Average Rent

Apartment communities in Lynnwood we think you'll love

Koz on Alderwood Mall Blvd

Koz on Alderwood Mall Blvd

4301 Alderwood Mall Blvd,
Lynnwood, WA 98036

Studio - 2 Beds | $1,350 - $1,950

Knox

Knox

16200 Admiralty Way,
Lynnwood, WA 98087

Studio - 3 Beds | $1,724 - $2,749

The Woods at Alderwood

The Woods at Alderwood

3101 184th St SW,
Lynnwood, WA 98037

Studio - 3 Beds | $1,875 - $3,250

Ember

Ember

19888 40th Ave W,
Lynnwood, WA 98036

Studio - 2 Beds | $1,375 - $3,170

Property Management Companies in Lynnwood, WA

Avenue5 Residential
Avenue5 Residential
  • 510

    Communities

  • 114,489

    Units

  • 198

    Cities

5 Communities in Lynnwood
Epic Asset Management
Epic Asset Management
  • 27

    Communities

  • 4,278

    Units

  • 8

    Cities

5 Communities in Lynnwood
Devco Residential Group
Devco Residential Group
  • 43

    Communities

  • 9,577

    Units

  • 23

    Cities

4 Communities in Lynnwood
Allied Residential
Allied Residential
  • 51

    Communities

  • 8,401

    Units

  • 18

    Cities

4 Communities in Lynnwood
Coast Property Management
Coast Property Management
  • 48

    Communities

  • 5,250

    Units

  • 24

    Cities

3 Communities in Lynnwood
Greystar
Greystar
  • 3,262

    Communities

  • 906,204

    Units

  • 841

    Cities

2 Communities in Lynnwood
AvalonBay
AvalonBay
  • 233

    Communities

  • 79,098

    Units

  • 152

    Cities

2 Communities in Lynnwood
Horizon Realty Advisors
Horizon Realty Advisors
  • 43

    Communities

  • 10,097

    Units

  • 28

    Cities

2 Communities in Lynnwood

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United States Washington Lynnwood 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity