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Rental Market Trends in Lynnwood, WA

What is the average rent in Lynnwood, WA?

$1,817/month

Average Rent

698 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of December 2025, the average rent in Lynnwood, WA is $1,817 per month. For comparison, the national average rent price in the US is currently $1,632/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 $1,640 per month for a studio, $1,817 for a one-bedroom apartment, and around $2,138 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,674 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,640/month
452 Sq Ft
One Bedroom
$1,817/month
698 Sq Ft
Two Bedroom
$2,138/month
975 Sq Ft
Three Bedroom
$2,674/month
1,222 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,455/month
323 Sq Ft
Three Bedroom
$3,020/month
1,642 Sq Ft
Four Bedroom
$3,560/month
2,201 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,998/month
882 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,490/month
1,005 Sq Ft
Three Bedroom
$3,213/month
1,619 Sq Ft
Four Bedroom
$3,428/month
1,994 Sq Ft

How much has average rent changed in Lynnwood, WA?

In the past year, rent has increased by 0.9%, which averages out to $17 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 December 2025
Legend
2024 2025
Market Trends Over Time

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
$1,877/month
738 Sq Ft
Martha Lake
$1,918/month
744 Sq Ft
Alderwood Manor
$2,019/month
640 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
$2,019/month
640 Sq Ft
Martha Lake
$1,918/month
744 Sq Ft
Picnic Point-North Lynnwood
$1,877/month
738 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
$1,877/month
738 Sq Ft
Alderwood Manor
$2,019/month
640 Sq Ft
Martha Lake
$1,918/month
744 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 $1,817, you’ll want to make about $6,056 per month or $72,672 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

1,024 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
$1,737/month
$1,196/month
One Bedroom
$1,785/month
$1,614/month
Two Bedroom
$2,178/month
$2,039/month
Three Bedroom
$2,644/month
$1,985/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

Enso

Enso

4001 198th St SW,
Lynnwood, WA 98036

Call for Rent

Studio - 2 Beds

Koz on Alderwood Mall Blvd

Koz on Alderwood Mall Blvd

4301 Alderwood Mall Blvd,
Lynnwood, WA 98036

$1,325 - $2,125

Studio - 2 Beds

The Woods at Alderwood

The Woods at Alderwood

3101 184th St SW,
Lynnwood, WA 98037

$1,915 - $3,280

Studio - 3 Beds

Ember

Ember

19888 40th Ave W,
Lynnwood, WA 98036

$1,460 - $3,775

Studio - 3 Beds

Property Management Companies in Lynnwood, WA

Avenue5 Residential
Avenue5 Residential
  • 540

    Communities

  • 119,844

    Units

  • 215

    Cities

5 Communities in Lynnwood
Epic Asset Management
Epic Asset Management
  • 24

    Communities

  • 4,198

    Units

  • 7

    Cities

5 Communities in Lynnwood
Coast Property Management
Coast Property Management
  • 59

    Communities

  • 6,835

    Units

  • 31

    Cities

4 Communities in Lynnwood
Devco Residential Group
Devco Residential Group
  • 36

    Communities

  • 8,858

    Units

  • 17

    Cities

4 Communities in Lynnwood
Allied Residential
Allied Residential
  • 50

    Communities

  • 8,804

    Units

  • 17

    Cities

4 Communities in Lynnwood
Greystar
Greystar
  • 3,446

    Communities

  • 949,760

    Units

  • 878

    Cities

3 Communities in Lynnwood
Indigo Real Estate Services
Indigo Real Estate Services
  • 19

    Communities

  • 3,652

    Units

  • 16

    Cities

3 Communities in Lynnwood
AvalonBay
AvalonBay
  • 199

    Communities

  • 71,292

    Units

  • 133

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity