Cheap Apartments for Rent in 98037
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- $1,670 - $3,245/moStudio-2 Beds1-2 BathsAvalon Alderwood Place | 18602 Alderwood Mall Pkwy,
Lynnwood, WA 98037 - $1,875 - $3,585/moStudio-3 Beds1-2 BathsThe Woods at Alderwood | 3101 184th St SW,
Lynnwood, WA 98037 Save Search in 98037
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Average Rent Trends in 98037
Rent in 98037 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,286 |
| Nov 2025 | $2,193 |
| Dec 2025 | $2,242 |
| Jan 2026 | $2,300 |
| Feb 2026 | $2,228 |
| Mar 2026 | $2,195 |
| Apr 2026 | $2,195 |
| May 2026 | $2,221 |
| Jun 2026 | $2,295 |
| Jul 2026 | $2,295 |
| Aug 2026 | $2,239 |
| Sep 2026 | $2,307 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,735 | $2,144 | $3,095 | $3,675 | $2,750 |
| Townhomes | — | $2,750 | $3,128 | $3,300 | $3,000 |
| Apartments and Condos | $1,495 | $2,125 | $3,349 | $3,795 | $2,195 |
| Houses | $1,950 | — | $3,200 | $3,675 | $3,495 |
Frequently Asked Questions about Rentals in 98037
- What is the average rent of an apartment in 98037?The average rent of an apartment in 98037 is $2,112 per month. This is about 8% higher than the national average.
- What are the cheapest months to find an apartment to rent in 98037?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,095 per month.
- How many cheap apartments are available in 98037?There are 35 apartments to rent that are cheaper than the city’s average rent of $2,750.
- When is the average rent most expensive in 98037?In the last year, the average rent in 98037 was highest in Mar 2025 when it was $2,290 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98037?The average rent of a 1 bedroom apartment in 98037 is $1,735 per month. That is about $65 more than the cost of a studio apartment.
- What are some cities near 98037?Some nearby cities include: Lynnwood, Edmonds, Brier, Mountlake Terrace, Mill Creek, Bothell. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 98037 - 241 Rentas | Trulia