Enso
4001 198th St SW,
Lynnwood, WA 98036
Studio - 3 Beds | $1,714 - $3,835
Rental Market Trends in Lynnwood, WA
Updated July 2026
The average rent in Lynnwood, WA is $1,828/month.
Rent in Lynnwood is roughly equal to the national average rent of of $1,663/month.
$1,828/month
Average Rent
691 Sq Ft
Average Size
-0.8%
Change / Year
1,131
Available Apartments
Lynnwood rent varies by unit size and layout:
- Studio apartments in Lynnwood average $1,670 per month.
- One-bedroom apartments in Lynnwood average $1,828 per month.
- Two-bedroom apartments in Lynnwood average $2,189 per month.
- Three-bedroom apartments in Lynnwood average $2,863 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Lynnwood, WA?
In the past year, rent has decreased by 0.8%, which averages out to $14 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Lynnwood, WA
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
6%
$700 - $1,000/month
14%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
34%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Lynnwood?
Based on current rent prices, Martha Lake, Picnic Point-North Lynnwood and Alderwood Manor are the most affordable neighborhoods in Lynnwood.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lynnwood?
Based on current rent prices, Alderwood Manor, Picnic Point-North Lynnwood and Martha Lake are the most expensive neighborhoods in Lynnwood.
Neighborhood
Average Rent
Average Sq Ft
Which Lynnwood neighborhoods have the most rentals available?
The neighborhoods in Lynnwood with the most apartments available are Alderwood Manor, Picnic Point-North Lynnwood and Martha Lake .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lynnwood, WA?
Because the average rent in Lynnwood is $1,828, you’ll want to make about $6,093 per month or $73,116 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.
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.
View the Lynnwood Area GuideStudio
$1,612/month
$1,240/month
One Bedroom
$1,888/month
$1,715/month
Two Bedroom
$2,316/month
$2,043/month
Three Bedroom
$2,874/month
$2,420/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Lynnwood We Think You'll Love
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Frequently Asked Questions
What is the average rent in Lynnwood?
The average rent in Lynnwood is $1,828 per month, which is 9.9% higher than the national average of $1,663.
What is the average rent for a house in Lynnwood?
The average rent for a house in Lynnwood, WA is $3,188 per month.
What is the average rent for a townhome in Lynnwood?
The average rent for a townhome in Lynnwood, WA is $2,642 per month.
Are rents going up or down in Lynnwood?
Rents in Lynnwood, WA are decreasing, with prices down 0.8% year-over-year and $14 less per month.
What rent range is most common in Lynnwood?
In Lynnwood, WA, 45% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.