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Rental Market Trends in Lynnwood, WA

What is the average rent in Lynnwood, WA?

$1,832/month

Average Rent

690 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

Lynnwood, WA Rental Market Overview

The average rent in Lynnwood, WA is $1,832 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Lynnwood rent prices are 11% higher than the national average.

  • Studio apartments in Lynnwood average $1,633 per month.
  • One-bedroom apartments in Lynnwood average $1,832 per month.
  • Two-bedroom apartments in Lynnwood average $2,172 per month.
  • Three-bedroom apartments in Lynnwood average $2,826 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,633/month
444 Sq Ft
One Bedroom
$1,832/month
690 Sq Ft
Two Bedroom
$2,172/month
980 Sq Ft
Three Bedroom
$2,826/month
1,265 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,718/month
1,162 Sq Ft
Three Bedroom
$3,266/month
1,601 Sq Ft
Four Bedroom
$3,754/month
2,347 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,104/month
846 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,426/month
1,247 Sq Ft

How much has average rent changed in Lynnwood, WA?

In the past year, rent has increased by 0.1%, which averages out to $2 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lynnwood, WA
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Lynnwood, WA
Percentage*
Rent Range
1% Below $700/month
6% $700 - $1,000/month
14% $1,001 - $1,500/month
41% $1,501 - $2,000/month
39% 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, Martha Lake, Picnic Point-North Lynnwood and Alderwood Manor are the most affordable neighborhoods in Lynnwood.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Martha Lake
$1,962/month
688 Sq Ft
Picnic Point-North Lynnwood
$1,984/month
697 Sq Ft
Alderwood Manor
$2,065/month
641 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alderwood Manor
$2,065/month
641 Sq Ft
Picnic Point-North Lynnwood
$1,984/month
697 Sq Ft
Martha Lake
$1,962/month
688 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alderwood Manor
$2,065/month
641 Sq Ft
Picnic Point-North Lynnwood
$1,984/month
697 Sq Ft
Martha Lake
$1,962/month
688 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 $1,832, you’ll want to make about $6,106 per month or $73,272 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

1,178 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

Martha Lake

Lynnwood, WA

Alderwood Manor

Lynnwood, WA

Studio
$1,572/month
$1,195/month
One Bedroom
$1,891/month
$1,684/month
Two Bedroom
$2,302/month
$2,026/month
Three Bedroom
$2,850/month
$2,405/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

$1,674 - $3,745

Studio - 3 Beds

Knox

Knox

16200 Admiralty Way,
Lynnwood, WA 98087

$1,754 - $3,044 Total Monthly Price

Studio - 2 Beds

Koz on Alderwood Mall Blvd

Koz on Alderwood Mall Blvd

4301 Alderwood Mall Blvd,
Lynnwood, WA 98036

$1,300 - $2,100

Studio - 2 Beds

The Woods at Alderwood

The Woods at Alderwood

3101 184th St SW,
Lynnwood, WA 98037

$1,910 - $3,320

Studio - 3 Beds

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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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity