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Rental Market Trends in Medical Lake, WA

Updated August 2026

The average rent in Medical Lake, WA is $1,266/month.

Rent in Medical Lake is 24% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,266/month

Average Rent

687 Sq Ft

Average Size

+0.7%

Change / Year

19

Available Apartments

Medical Lake rent varies by unit size and layout:

  • Studio apartments in Medical Lake average per month.
  • One-bedroom apartments in Medical Lake average $1,266 per month.
  • Two-bedroom apartments in Medical Lake average $1,132 per month.
  • Three-bedroom apartments in Medical Lake average $1,635 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,266/month
687 Sq Ft
Two Bedroom
$1,132/month
881 Sq Ft
Three Bedroom
$1,635/month
1,180 Sq Ft
View Medical Lake Apartments

How much has average rent changed in Medical Lake, WA?

In the past year, rent has increased by 0.7%, which averages out to $9 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Medical Lake, WA

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Medical Lake, WA
Percentage*
Rent Range
17% Below $700/month
33% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Medical Lake is $1,266, you’ll want to make about $4,220 per month or $50,640 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

Medical Lake, WA

19 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Medical Lake, 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 Medical Lake Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Airway Heights

    Airway Heights

    Avg Rent: $1,281/month

  • Cheney

    Cheney

    Avg Rent: $1,040/month

  • Spokane

    Spokane

    Avg Rent: $1,165/month

  • Spokane Valley

    Spokane Valley

    Avg Rent: $1,271/month

Apartment Communities in Medical Lake We Think You'll Love

The Park at Medical Lake

The Park at Medical Lake

821 N Stanley St,
Medical Lake, WA 99022

1-2 Beds | $1,300 - $1,600

Lakeside Apartments

Lakeside Apartments

425 E Highway 902,
Medical Lake, WA 99022

1-2 Beds | $1,250 - $1,460

307-A-307-B N Hallett St

307-A-307-B N Hallett St

307-A-307-B N Hallett St,
Medical Lake, WA 99022

3 Beds | $1,695

210-212 E Campbell St

210-212 E Campbell St

210-212 E Campbell St,
Medical Lake, WA 99022

2 Beds | $1,595

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Frequently Asked Questions

What is the average rent in Medical Lake?

The average rent in Medical Lake is $1,266 per month, which is 23.9% lower than the national average of $1,663.

Are rents going up or down in Medical Lake?

Rents in Medical Lake, WA are increasing, with prices up 0.7% year-over-year and $9 more per month.

What rent range is most common in Medical Lake?

In Medical Lake, WA, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Washington Medical Lake 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